Raymondville Mortgage Rates

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Raymondville averaged 6.55% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

    The average rate for the prior week (2022-06-23) was 6.56% and one month ago for the week of 2022-05-26, the average rate was 5.55%.

    Raymondville's average rate one year ago was 3.2%.

    For refis of the same type during the week of 2022-06-30, the average rate was 6.13%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-06-30 5.7%
    Raymondville 30 Year Fixed Rate 2022-06-30 6.55%
    Raymondville 30 Year Fixed Rate Refi 2022-06-30 6.13%
    Raymondville 15 Year Fixed Rate 2022-06-30 5.23%
    Raymondville 15 Year Fixed Rate Refi 2022-06-30 5.18%
    Raymondville 30 Year FHA 2022-06-30 5.98%
    Raymondville 30 Year FHA Refi 2022-06-30 6.29%
    Raymondville 30 Year USDA 2022-06-30 6.56%
    Raymondville 30 Year USDA Refi 2022-06-30 6.15%
    Raymondville 30 Year VA 2022-06-30 5.45%
    Raymondville 30 Year VA Refi 2022-06-30 5.44%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Raymondville, TX.

    Raymondville Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Raymondville, TX market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 3.23% $5,252
    QUICKEN LOANS, LLC 4 2.93% $4,960
    BBVA USA 3 3.42% $4,128
    SECURITY SERVICE 2 3.00% $4,215
    UNITED WHOLESALE MORTGAGE, LLC 2 3.28% $4,288
    Wells Fargo Bank 2 3.56% $4,671
    Ally Bank 1 2.88% $6,556
    HOME POINT FINANCIAL CORPORATION 1 2.75% $4,808
    Hometown Lenders, Inc. 1 2.88% $3,913
    International Bank of Commerce 1 4.00% $7,370
    Servion, Inc. 1 3.38% $4,509
    GREATER TEXAS FEDERAL CREDIT UNION 1 2.88% $3,391
    Bank of America 1 3.00% $3,399
    BNY Mellon 1 3.00% $4,489
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.13% $6,155
    CROSSCOUNTRY MORTGAGE, LLC 1 3.50% $11,911
    Gateway First Bank 1 3.50% $5,050

    Raymondville, TX's 17 lenders originated 109 loans during 2021. The total origination value was $18,085,000, with an average loan value of $165,917.

    The top Raymondville lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 8 loans originated. Their average total fees are $5,252, which is $292 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Raymondville lenders (with over 10 loans originated) are .

    The lowest rate Raymondville lenders (with over 10 loans originated) are .

    Raymondville, TX Lender Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,125,000 $2,855,000 34.4% 15.8%
    QUICKEN LOANS, LLC $1,065,000 $2,230,000 109.4% 12.3%
    FREEDOM MORTGAGE CORPORATION $310,000 $855,000 175.8% 4.7%
    PENNYMAC LOAN SERVICES, LLC $750,000 n/a 4.1%
    SECURITY SERVICE $660,000 $680,000 3.0% 3.8%
    International Bank of Commerce $675,000 n/a 3.7%
    ACADEMY MORTGAGE CORPORATION $475,000 $585,000 23.2% 3.2%
    Mortgage Research Center, LLC $550,000 n/a 3.0%
    UNITED WHOLESALE MORTGAGE, LLC $575,000 $510,000 -11.3% 2.8%
    Frost Bank $500,000 n/a 2.8%
    Wells Fargo Bank $25,000 $495,000 1,880.0% 2.7%
    Hometown Lenders, Inc. $695,000 $470,000 -32.4% 2.6%
    Citizens State Bank $465,000 n/a 2.6%
    21ST MORTGAGE CORPORATION $280,000 $435,000 55.4% 2.4%
    Ally Bank $355,000 n/a 2.0%
    BBVA USA $570,000 $350,000 -38.6% 1.9%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $455,000 $350,000 -23.1% 1.9%
    BNY Mellon $295,000 n/a 1.6%
    CROSSCOUNTRY MORTGAGE, LLC $285,000 n/a 1.6%
    MICHIGAN MUTUAL, INC. $265,000 n/a 1.5%
    BM Real Estate Services, Inc. $255,000 n/a 1.4%
    PLANET HOME LENDING, LLC $390,000 $250,000 -35.9% 1.4%
    Goldwater Bank, N.A. $230,000 $225,000 -2.2% 1.2%
    WILLOW BEND MORTGAGE COMPANY, LLC $575,000 $225,000 -60.9% 1.2%
    Texas Regional Bank $765,000 $215,000 -71.9% 1.2%
    AmeriHome Mortgage Company, LLC $115,000 $205,000 78.3% 1.1%
    GUARANTEED RATE, INC. $195,000 n/a 1.1%
    SECURITYNATIONAL MORTGAGE COMPANY $195,000 n/a 1.1%
    AMERISAVE MORTGAGE CORPORATION $65,000 $185,000 184.6% 1.0%
    JPMorgan Chase Bank $175,000 n/a 1.0%
    ZILLOW HOME LOANS, LLC $175,000 n/a 1.0%
    Gateway First Bank $165,000 n/a 0.9%
    HOME POINT FINANCIAL CORPORATION $165,000 n/a 0.9%
    MUTUAL OF OMAHA MORTGAGE, INC. $55,000 $165,000 200.0% 0.9%
    ROYAL UNITED MORTGAGE LLC $155,000 n/a 0.9%
    GREATER TEXAS FEDERAL CREDIT UNION $145,000 n/a 0.8%
    Rio Bank $125,000 n/a 0.7%
    BROKER SOLUTIONS, INC. $105,000 n/a 0.6%
    CALIBER HOME LOANS, INC. $220,000 $105,000 -52.3% 0.6%
    Servion, Inc. $95,000 n/a 0.5%
    Vantage Bank Texas $95,000 n/a 0.5%
    Bank of America $85,000 n/a 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $380,000 $85,000 -77.6% 0.5%
    DRAPER AND KRAMER MORTGAGE CORP. $75,000 n/a 0.4%
    PILGRIM MORTGAGE LLC $75,000 $75,000 0.0% 0.4%
    AMCAP MORTGAGE, LTD. $265,000 $65,000 -75.5% 0.4%
    CREDIT HUMAN FEDERAL CREDIT UNION $65,000 n/a 0.4%
    Falcon International Bank $35,000 n/a 0.2%
    H E B $25,000 n/a 0.1%

    Raymondville's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 15.8% market share. In second place, with 12.3%, is QUICKEN LOANS, LLC, having originated $2,230,000 in loans. In third place, with 4.7%, is FREEDOM MORTGAGE CORPORATION, having originated $855,000 in loans. In third place, with 4.1%, is PENNYMAC LOAN SERVICES, LLC, having originated $750,000 in loans. In third place, with 3.8%, is SECURITY SERVICE, having originated $680,000 in loans.

    Raymondville, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 54 $9,100,000 $168,519
    Refi 45 $7,405,000 $164,556
    Cash Out Refi 8 $1,100,000 $137,500
    Other 2 $480,000 $240,000

    Raymondville's most frequently cited loan purpose was Home Purchase, with 54 originations. The 2nd most popular reason was Refi, with 45 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 42 $7,200,000 $171,429
    2.5-3% 37 $6,555,000 $177,162
    <2.5% 17 $3,065,000 $180,294
    6-7% 4 $460,000 $115,000
    7-8% 2 $140,000 $70,000
    Over 8% 1 $75,000 $75,000
    4-5% 1 $65,000 $65,000
    5-6% 1 $55,000 $55,000

    During 2021, Raymondville's most frequently originated rate bucket was 3-4%, with 42 originations.

    Loan Sizing (Raymondville, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 50 $7,560,000 $151,200
    $100,000 or less 31 $2,245,000 $72,419
    $200k-400k 23 $5,865,000 $255,000
    $400k-600k 4 $1,740,000 $435,000
    $600k-1000k 1 $675,000 $675,000

    Raymondville's loan sizing saw the bucket of loans from $100k-200k with 50 originations, totaling $7,560,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 46 $8,060,000 $175,217
    60-80% 35 $5,825,000 $166,429
    40-60% 12 $2,070,000 $172,500
    20-40% 8 $1,100,000 $137,500

    Raymondville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 46 originations, totaling $8,060,000 in origination value.

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Raymondville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $199,000 (21.8%) $205,725 (22.9%) 0.00 54
    2018-02-01 $190,950 (27.3%) $205,411 (24.8%) 0.00 52
    2018-03-01 $170,000 (13.4%) $189,024 (16.3%) 0.00 51
    2018-04-01 $189,900 (19.4%) $198,499 (16.9%) 0.00 51
    2018-05-01 $199,250 (16.5%) $198,200 (16.7%) 0.00 46
    2018-06-01 $174,900 (-1.2%) $183,673 (6.5%) 0.00 52
    2018-07-01 $199,000 (13.7%) $195,629 (15.1%) 0.00 53
    2018-08-01 $181,950 (10.3%) $186,172 (11.8%) 0.00 53
    2018-09-01 $189,000 (5.1%) $193,463 (3.4%) 0.00 50
    2018-10-01 $189,000 (-5.3%) $194,935 (-2.8%) 0.00 49
    2018-11-01 $189,000 (-5.0%) $192,859 (-5.4%) 0.00 46
    2018-12-01 $195,500 (3.4%) $203,657 (1.5%) 0.00 42
    2019-01-01 $168,950 (-15.1%) $186,792 (-9.2%) 0.00 42
    2019-02-01 $189,000 (-1.0%) $197,532 (-3.8%) 0.00 37
    2019-03-01 $183,000 (7.7%) $197,177 (4.3%) 0.00 37
    2019-04-01 $189,000 (-0.5%) $201,477 (1.5%) 0.00 37
    2019-05-01 $198,250 (-0.5%) $207,688 (4.8%) 0.00 35
    2019-06-01 $150,000 (-14.2%) $202,941 (10.5%) 0.00 35
    2019-07-01 $150,000 (-24.6%) $200,901 (2.7%) 0.00 36
    2019-08-01 $218,571 (20.1%) $227,771 (22.3%) 0.00 37
    2019-09-01 $250,000 (32.3%) $249,110 (28.8%) 0.00 34
    2019-10-01 $267,450 (41.5%) $269,757 (38.4%) 0.00 39
    2019-11-01 $249,000 (31.8%) $266,278 (38.1%) 0.00 41
    2019-12-01 $262,000 (34.0%) $295,531 (45.1%) 0.00 38
    2020-01-01 $262,000 (55.1%) $288,329 (54.4%) 0.00 38
    2020-02-01 $240,000 (27.0%) $272,482 (37.9%) 0.00 37
    2020-03-01 $225,000 (23.0%) $264,464 (34.1%) 0.00 37
    2020-04-01 $194,900 (3.1%) $243,833 (21.0%) 0.00 35
    2020-05-01 $199,900 (0.8%) $246,376 (18.6%) 0.00 34
    2020-06-01 $224,000 (49.3%) $254,814 (25.6%) 0.00 32
    2020-07-01 $225,000 (50.0%) $271,949 (35.4%) 0.00 30
    2020-08-01 $235,000 (7.5%) $287,713 (26.3%) 0.00 29
    2020-09-01 $195,000 (-22.0%) $288,181 (15.7%) 0.00 25
    2020-10-01 $189,000 (-29.3%) $279,621 (3.7%) 0.00 27
    2020-11-01 $180,000 (-27.7%) $275,949 (3.6%) 0.00 27
    2020-12-01 $184,950 (-29.4%) $247,328 (-16.3%) 0.00 26
    2021-01-01 $159,900 (-39.0%) $227,124 (-21.2%) 0.00 24
    2021-02-01 $164,450 (-31.5%) $209,375 (-23.2%) 0.00 14
    2021-03-01 $154,450 (-31.4%) $203,517 (-23.1%) 0.00 16
    2021-04-01 $190,000 (-2.5%) $282,185 (15.7%) 0.00 21
    2021-05-01 $225,000 (12.6%) $305,105 (23.8%) 0.00 17
    2021-06-01 $217,500 (-2.9%) $273,092 (7.2%) 0.00 16
    2021-07-01 $269,000 (19.6%) $324,804 (19.4%) 0.00 14
    2021-08-01 $297,500 (26.6%) $313,637 (9.0%) 0.00 18
    2021-09-01 $309,950 (59.0%) $318,335 (10.5%) 0.00 19
    2021-10-01 $229,000 (21.2%) $280,390 (0.3%) 0.00 19
    2021-11-01 $375,000 (108.3%) $327,321 (18.6%) 0.00 20
    2021-12-01 $175,000 (-5.4%) $278,222 (12.5%) 0.00 17
    2022-01-01 $175,000 (9.4%) $277,094 (22.0%) 0.00 17
    2022-02-01 $222,500 (35.3%) $287,620 (37.4%) 0.00 12
    2022-03-01 $264,500 (71.3%) $336,925 (65.6%) 0.00 12
    2022-04-01 $279,000 (46.8%) $418,963 (48.5%) 0.00 13
    2022-05-01 $289,495 (28.7%) $477,688 (56.6%) 0.00 11
    2022-06-01 $249,745 (14.8%) $471,971 (72.8%) 0.00 13
    Raymondville's median listing price for 2022-06-01 was $249,745, a difference of $32,245 (14.8%) versus the prior year and $-39,750 versus the prior month.

    Raymondville's median listing price comes in at 0% of the national average.

    Raymondville's average listing price for 2022-06-01 was $471,971, a difference of $198,879 (72.8%) versus the prior year and $-5,717 versus the prior month.

    For the 2022-06-01 period, Raymondville had 13 MLS listings, a difference of 2 listings (18%) versus the prior month and -3 listings (-19%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Raymondville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,973 sqft
    2018-02-01 0 days 2,042 sqft
    2018-03-01 0 days 1,973 sqft
    2018-04-01 0 days 2,036 sqft
    2018-05-01 0 days 1,947 sqft
    2018-06-01 0 days 1,656 sqft
    2018-07-01 0 days 1,728 sqft
    2018-08-01 0 days 1,691 sqft
    2018-09-01 0 days 1,728 sqft
    2018-10-01 0 days 1,729 sqft
    2018-11-01 0 days 1,678 sqft
    2018-12-01 0 days 1,784 sqft
    2019-01-01 0 days 1,652 sqft
    2019-02-01 0 days 1,744 sqft
    2019-03-01 0 days 1,705 sqft
    2019-04-01 0 days 1,639 sqft
    2019-05-01 0 days 1,626 sqft
    2019-06-01 0 days 1,564 sqft
    2019-07-01 0 days 1,480 sqft
    2019-08-01 0 days 1,599 sqft
    2019-09-01 0 days 1,652 sqft
    2019-10-01 0 days 1,919 sqft
    2019-11-01 0 days 1,919 sqft
    2019-12-01 0 days 1,935 sqft
    2020-01-01 0 days 2,038 sqft
    2020-02-01 0 days 1,950 sqft
    2020-03-01 0 days 1,852 sqft
    2020-04-01 0 days 1,784 sqft
    2020-05-01 0 days 1,600 sqft
    2020-06-01 0 days 1,600 sqft
    2020-07-01 0 days 1,784 sqft
    2020-08-01 0 days 1,900 sqft
    2020-09-01 0 days 1,919 sqft
    2020-10-01 0 days 2,004 sqft
    2020-11-01 0 days 1,919 sqft
    2020-12-01 0 days 1,988 sqft
    2021-01-01 0 days 1,784 sqft
    2021-02-01 0 days 2,056 sqft
    2021-03-01 0 days 1,619 sqft
    2021-04-01 0 days 2,125 sqft
    2021-05-01 0 days 2,278 sqft
    2021-06-01 0 days 1,608 sqft
    2021-07-01 0 days 2,075 sqft
    2021-08-01 0 days 1,700 sqft
    2021-09-01 0 days 1,972 sqft
    2021-10-01 0 days 1,640 sqft
    2021-11-01 0 days 2,442 sqft
    2021-12-01 0 days 2,436 sqft
    2022-01-01 0 days 2,409 sqft
    2022-02-01 0 days 2,024 sqft
    2022-03-01 0 days 1,970 sqft
    2022-04-01 0 days 2,100 sqft
    2022-05-01 0 days 1,932 sqft
    2022-06-01 0 days 1,932 sqft
    Raymondville's median listing age (time on market) for 2022-06-01 was 0 days.

    Raymondville's median square footage for active listings during the 2022-06-01 period was 1,932 sqft. One year prior, the average listing was 1,608 sqft.