Raymondville Mortgage Rates

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.