Rio Grande City - Roma Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Rio Grande City - Roma averaged 6.99% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 7.22% and one month ago for the week of 2023-02-09, the average rate was 6.31%.

    Rio Grande City - Roma's average rate one year ago was 3.62%.

    For refis of the same type during the week of 2023-03-16, the average rate was 7.29%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Rio Grande City - Roma 30 Year Fixed Rate 2023-03-16 6.99%
    Rio Grande City - Roma 30 Year Fixed Rate Refi 2023-03-16 7.29%
    Rio Grande City - Roma 15 Year Fixed Rate 2023-03-16 7.19%
    Rio Grande City - Roma 15 Year Fixed Rate Refi 2023-03-16 6.5%
    Rio Grande City - Roma 30 Year FHA 2023-03-16 6.55%
    Rio Grande City - Roma 30 Year FHA Refi 2023-03-16 6.55%
    Rio Grande City - Roma 30 Year USDA 2023-03-16 5.97%
    Rio Grande City - Roma 30 Year VA 2023-03-16 6.39%
    Rio Grande City - Roma 30 Year VA Refi 2023-03-16 6.13%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Rio Grande City-Roma, TX.

    Rio Grande City - Roma Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Rio Grande City-Roma, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    LEADERONE FINANCIAL CORPORATION 20 5.75% $7,912
    QUICKEN LOANS, LLC 12 5.46% $4,784
    SECURITY SERVICE 9 3.69% $3,541
    Lone Star National Bank 6 6.17% $7,395
    Town Square Mortgage & Investments, Inc. 6 5.79% $7,640
    NAVY ARMY COMMUNITY CREDIT UNION 5 4.90% $3,423
    WILLOW BEND MORTGAGE COMPANY, LLC 4 4.81% $9,499
    Gateway First Bank 2 5.94% $1,306
    JPMorgan Chase Bank 2 5.56% $1,707
    UNITED WHOLESALE MORTGAGE, LLC 2 5.19% $7,661
    International Bank of Commerce 2 4.75% $3,731
    NETWORK CAPITAL FUNDING CORPORATION 1 6.13% $3,345
    Paramount Residential Mortgage Group, Inc. 1 3.63% $6,584
    PNC Bank 1 5.75% $5,321
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.25% $3,868
    SECURITYNATIONAL MORTGAGE COMPANY 1 3.63% $4,874
    THRIVE MORTGAGE, LLC 1 5.00% $5,581
    MORIA DEVELOPMENT, INC. 1 3.88% $4,773
    AMERISAVE MORTGAGE CORPORATION 1 3.99% $7,722
    CROSSCOUNTRY MORTGAGE, LLC 1 6.13% $12,727
    First Horizon Bank 1 5.50% $5,179
    Flagstar Bank, FSB 1 5.35% $2,945
    Goldwater Bank, N.A. 1 5.38% $4,444
    INTERLINC MORTGAGE SERVICES, LLC 1 4.25% $2,827
    LAKEVIEW LOAN SERVICING, LLC 1 4.13% $7,804
    LOANDEPOT.COM, LLC 1 2.88% $12,227
    AMCAP MORTGAGE, LTD. 1 5.88% $6,775
    Mr. Cooper ( Nationstar Mortgage ) 1 3.63% $7,384

    Rio Grande City - Roma Average Closing Costs & Other Stats

    Rio Grande City-Roma, TX's 28 lenders originated 267 loans during 2022. The total origination value was $47,825,000, with an average loan value of $179,120.

    Rio Grande City - Roma's average closing costs are $6,728.

    The top Rio Grande City - Roma lender as defined by loan originations is LEADERONE FINANCIAL CORPORATION, with 20 loans originated. Their average total fees are $7,912, which is $3,129 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Rio Grande City - Roma lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($4,784), LEADERONE FINANCIAL CORPORATION ($7,912), .

    The lowest rate Rio Grande City - Roma lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (5.46%), LEADERONE FINANCIAL CORPORATION (5.75%), .

    Rio Grande City-Roma, TX Mortgage 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    LEADERONE FINANCIAL CORPORATION $6,435,000 $6,370,000 -1.0% 13.3%
    QUICKEN LOANS, LLC $4,800,000 $5,945,000 23.9% 12.4%
    Lone Star National Bank $2,265,000 $3,690,000 62.9% 7.7%
    WILLOW BEND MORTGAGE COMPANY, LLC $1,965,000 $3,510,000 78.6% 7.3%
    SECURITY SERVICE $1,650,000 $2,080,000 26.1% 4.3%
    CROSSCOUNTRY MORTGAGE, LLC $1,235,000 $1,625,000 31.6% 3.4%
    NAVY ARMY COMMUNITY CREDIT UNION $1,235,000 $1,580,000 27.9% 3.3%
    Rio Bank $65,000 $1,430,000 2,100.0% 3.0%
    21ST MORTGAGE CORPORATION $935,000 $1,385,000 48.1% 2.9%
    Town Square Mortgage & Investments, Inc. $640,000 $1,270,000 98.4% 2.7%
    PNC Bank $330,000 $1,255,000 280.3% 2.6%
    UNITED WHOLESALE MORTGAGE, LLC $440,000 $1,105,000 151.1% 2.3%
    FREEDOM MORTGAGE CORPORATION $1,375,000 $995,000 -27.6% 2.1%
    ACADEMY MORTGAGE CORPORATION $1,320,000 $960,000 -27.3% 2.0%
    Mortgage Research Center, LLC $910,000 n/a 1.9%
    DIRECTIONS EQUITY, LLC $435,000 $900,000 106.9% 1.9%
    AMCAP MORTGAGE, LTD. $770,000 $895,000 16.2% 1.9%
    Gateway First Bank $1,030,000 $825,000 -19.9% 1.7%
    Texas National Bank $205,000 $795,000 287.8% 1.7%
    Flagstar Bank, FSB $75,000 $695,000 826.7% 1.5%
    Mr. Cooper ( Nationstar Mortgage ) $620,000 $650,000 4.8% 1.4%
    Goldwater Bank, N.A. $1,595,000 $530,000 -66.8% 1.1%
    Paramount Residential Mortgage Group, Inc. $520,000 n/a 1.1%
    INTERLINC MORTGAGE SERVICES, LLC $1,145,000 $455,000 -60.3% 1.0%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $105,000 $440,000 319.0% 0.9%
    JPMorgan Chase Bank $310,000 $385,000 24.2% 0.8%
    GUARANTEED RATE, INC. $380,000 n/a 0.8%
    International Bank of Commerce $710,000 $360,000 -49.3% 0.8%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $295,000 n/a 0.6%
    LOANDEPOT.COM, LLC $105,000 $295,000 181.0% 0.6%
    Texas Regional Bank $285,000 n/a 0.6%
    THRIVE MORTGAGE, LLC $685,000 $280,000 -59.1% 0.6%
    HOMESIDE FINANCIAL, LLC $265,000 n/a 0.6%
    NAVY FEDERAL CREDIT UNION $230,000 n/a 0.5%
    Barrington Bank & Trust Company, N.A. $215,000 n/a 0.4%
    HAMILTON HOME LOANS, INC. $415,000 $215,000 -48.2% 0.4%
    Watermark Capital, Inc. $215,000 n/a 0.4%
    LOANPAL, LLC $975,000 $210,000 -78.5% 0.4%
    HOMESTAR FINANCIAL CORPORATION $205,000 n/a 0.4%
    Hometown Equity Mortgage, LLC $195,000 n/a 0.4%
    Lakeview Community Capital, LLC $175,000 $185,000 5.7% 0.4%
    LAKEVIEW LOAN SERVICING, LLC $265,000 $185,000 -30.2% 0.4%
    Carrington Mortgage Services, LLC $180,000 n/a 0.4%
    First Horizon Bank $175,000 n/a 0.4%
    PLAZA HOME MORTGAGE, INC. $155,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $165,000 $145,000 -12.1% 0.3%
    MORIA DEVELOPMENT, INC. $145,000 n/a 0.3%
    PENTAGON FEDERAL CREDIT UNION $310,000 $145,000 -53.2% 0.3%
    NETWORK CAPITAL FUNDING CORPORATION $140,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $125,000 n/a 0.3%
    GREATER TEXAS FEDERAL CREDIT UNION $65,000 $125,000 92.3% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $125,000 n/a 0.3%
    SECURITY FIRST Federal Credit Union $125,000 n/a 0.3%
    USAA Federal Savings Bank $145,000 $125,000 -13.8% 0.3%
    NATIONS RELIABLE LENDING, LLC $220,000 $105,000 -52.3% 0.2%
    SECURITYNATIONAL MORTGAGE COMPANY $105,000 n/a 0.2%
    The Huntington National Bank $95,000 n/a 0.2%
    United Community Bank $95,000 n/a 0.2%
    SOUTHWEST STAGE FUNDING, LLC $115,000 $85,000 -26.1% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $315,000 $85,000 -73.0% 0.2%
    PHH Mortgage Corporation $75,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $150,000 $75,000 -50.0% 0.2%
    Vantage Bank Texas $105,000 $75,000 -28.6% 0.2%
    RANDOLPH-BROOKS $45,000 $45,000 0.0% 0.1%
    Frost Bank $45,000 $35,000 -22.2% 0.1%
    SHELL FEDERAL CREDIT UNION $25,000 n/a 0.1%

    Rio Grande City - Roma's top lender by overall market share is LEADERONE FINANCIAL CORPORATION, with 13.3% market share. In second place, with 12.4%, is QUICKEN LOANS, LLC, having originated $5,945,000 in loans. In third place, with 7.7%, is Lone Star National Bank, having originated $3,690,000 in loans. In fourth place, with 7.3%, is WILLOW BEND MORTGAGE COMPANY, LLC, having originated $3,510,000 in loans. In fifth place, with 4.3%, is SECURITY SERVICE, having originated $2,080,000 in loans.

    Rio Grande City - Roma Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Rio Grande City - Roma (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 $139,500 (11.6%) $163,584 (5.9%) 0.00 63
    2018-02-01 $125,000 (-2.5%) $156,894 (2.0%) 0.00 60
    2018-03-01 $131,250 (2.4%) $154,924 (0.1%) 0.00 59
    2018-04-01 $142,625 (10.4%) $163,871 (5.0%) 0.00 49
    2018-05-01 $125,450 (-1.1%) $156,599 (5.5%) 0.00 49
    2018-06-01 $125,000 (-6.4%) $158,008 (-2.4%) 0.00 46
    2018-07-01 $118,250 (-6.5%) $155,793 (1.8%) 0.00 50
    2018-08-01 $115,000 (-4.4%) $157,244 (5.9%) 0.00 46
    2018-09-01 $114,500 (-8.4%) $153,455 (0.1%) 0.00 45
    2018-10-01 $114,000 (-10.5%) $154,223 (1.7%) 0.00 47
    2018-11-01 $115,000 (-11.9%) $155,448 (0.9%) 0.00 53
    2018-12-01 $127,000 (-9.0%) $161,367 (0.7%) 0.00 52
    2019-01-01 $139,783 (0.2%) $160,722 (-1.8%) 0.00 60
    2019-02-01 $136,189 (9.0%) $155,740 (-0.7%) 0.00 65
    2019-03-01 $145,429 (10.8%) $157,229 (1.5%) 0.00 65
    2019-04-01 $146,679 (2.8%) $181,173 (10.6%) 0.00 62
    2019-05-01 $149,000 (18.8%) $204,111 (30.3%) 0.00 60
    2019-06-01 $136,639 (9.3%) $215,659 (36.5%) 0.00 56
    2019-07-01 $142,988 (20.9%) $214,072 (37.4%) 0.00 63
    2019-08-01 $136,745 (18.9%) $203,933 (29.7%) 0.00 64
    2019-09-01 $124,514 (8.8%) $190,955 (24.4%) 0.00 64
    2019-10-01 $115,000 (0.9%) $180,835 (17.3%) 0.00 74
    2019-11-01 $115,000 (0.0%) $185,869 (19.6%) 0.00 79
    2019-12-01 $115,000 (-9.5%) $173,585 (7.6%) 0.00 86
    2020-01-01 $115,000 (-17.7%) $173,829 (8.2%) 0.00 92
    2020-02-01 $115,000 (-15.6%) $170,081 (9.2%) 0.00 96
    2020-03-01 $115,000 (-20.9%) $167,769 (6.7%) 0.00 101
    2020-04-01 $115,000 (-21.6%) $183,254 (1.2%) 0.00 100
    2020-05-01 $115,000 (-22.8%) $183,757 (-10.0%) 0.00 100
    2020-06-01 $113,500 (-16.9%) $181,766 (-15.7%) 0.00 98
    2020-07-01 $115,000 (-19.6%) $201,490 (-5.9%) 0.00 94
    2020-08-01 $115,000 (-15.9%) $203,109 (-0.4%) 0.00 90
    2020-09-01 $115,000 (-7.6%) $189,314 (-0.9%) 0.00 85
    2020-10-01 $115,000 (0.0%) $189,568 (4.8%) 0.00 86
    2020-11-01 $115,000 (0.0%) $174,696 (-6.0%) 0.00 84
    2020-12-01 $115,000 (0.0%) $182,756 (5.3%) 0.00 80
    2021-01-01 $140,450 (22.1%) $205,698 (18.3%) 0.00 62
    2021-02-01 $146,000 (27.0%) $211,546 (24.4%) 0.00 63
    2021-03-01 $149,625 (30.1%) $209,157 (24.7%) 0.00 57
    2021-04-01 $149,750 (30.2%) $206,399 (12.6%) 0.00 57
    2021-05-01 $159,500 (38.7%) $216,884 (18.0%) 0.00 52
    2021-06-01 $175,000 (54.2%) $234,392 (29.0%) 0.00 49
    2021-07-01 $174,999 (52.2%) $343,292 (70.4%) 0.00 51
    2021-08-01 $166,950 (45.2%) $346,162 (70.4%) 0.00 49
    2021-09-01 $170,750 (48.5%) $361,143 (90.8%) 0.00 44
    2021-10-01 $175,000 (52.2%) $351,792 (85.6%) 0.00 52
    2021-11-01 $169,975 (47.8%) $328,232 (87.9%) 0.00 61
    2021-12-01 $166,225 (44.5%) $326,102 (78.4%) 0.00 60
    2022-01-01 $172,500 (22.8%) $301,058 (46.4%) 0.00 55
    2022-02-01 $169,750 (16.3%) $298,014 (40.9%) 0.00 57
    2022-03-01 $174,750 (16.8%) $315,487 (50.8%) 0.00 50
    2022-04-01 $186,922 (24.8%) $325,030 (57.5%) 0.00 50
    2022-05-01 $204,750 (28.4%) $316,464 (45.9%) 0.00 56
    2022-06-01 $217,000 (24.0%) $334,722 (42.8%) 0.00 50
    2022-07-01 $229,500 (31.1%) $332,584 (-3.1%) 0.00 52
    2022-08-01 $235,250 (40.9%) $322,561 (-6.8%) 0.00 63
    2022-09-01 $237,100 (38.9%) $305,099 (-15.5%) 0.00 79
    2022-10-01 $243,500 (39.1%) $303,295 (-13.8%) 0.00 75
    2022-11-01 $243,500 (43.3%) $308,600 (-6.0%) 0.00 74
    2022-12-01 $241,500 (45.3%) $310,611 (-4.8%) 0.00 75
    2023-01-01 $243,850 (41.4%) $315,303 (4.7%) 0.00 72
    2023-02-01 $237,125 (39.7%) $313,133 (5.1%) 0.00 70
    Rio Grande City - Roma's median listing price for 2023-02-01 was $237,125, a difference of $67,375 (39.7%) versus the prior year and $-6,725 versus the prior month.

    Rio Grande City - Roma's median listing price comes in at 0% of the national average.

    Rio Grande City - Roma's average listing price for 2023-02-01 was $313,133, a difference of $15,119 (5.1%) versus the prior year and $-2,170 versus the prior month.

    For the 2023-02-01 period, Rio Grande City - Roma had 70 MLS listings, a difference of -2 listings (-3%) versus the prior month and 13 listings (23%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Rio Grande City - Roma (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,891 sqft
    2018-02-01 0 days 1,823 sqft
    2018-03-01 0 days 1,835 sqft
    2018-04-01 0 days 1,860 sqft
    2018-05-01 0 days 1,837 sqft
    2018-06-01 0 days 1,842 sqft
    2018-07-01 0 days 1,823 sqft
    2018-08-01 0 days 1,975 sqft
    2018-09-01 0 days 1,823 sqft
    2018-10-01 0 days 1,823 sqft
    2018-11-01 0 days 1,776 sqft
    2018-12-01 0 days 1,867 sqft
    2019-01-01 0 days 1,839 sqft
    2019-02-01 0 days 1,828 sqft
    2019-03-01 0 days 1,858 sqft
    2019-04-01 0 days 1,894 sqft
    2019-05-01 0 days 1,943 sqft
    2019-06-01 0 days 1,844 sqft
    2019-07-01 0 days 1,834 sqft
    2019-08-01 0 days 1,740 sqft
    2019-09-01 0 days 1,615 sqft
    2019-10-01 0 days 1,524 sqft
    2019-11-01 0 days 1,466 sqft
    2019-12-01 0 days 1,470 sqft
    2020-01-01 0 days 1,411 sqft
    2020-02-01 0 days 1,415 sqft
    2020-03-01 0 days 1,349 sqft
    2020-04-01 0 days 1,417 sqft
    2020-05-01 0 days 1,421 sqft
    2020-06-01 0 days 1,339 sqft
    2020-07-01 0 days 1,358 sqft
    2020-08-01 0 days 1,305 sqft
    2020-09-01 0 days 1,282 sqft
    2020-10-01 0 days 1,312 sqft
    2020-11-01 0 days 1,391 sqft
    2020-12-01 0 days 1,443 sqft
    2021-01-01 0 days 1,732 sqft
    2021-02-01 0 days 1,803 sqft
    2021-03-01 0 days 1,864 sqft
    2021-04-01 0 days 1,849 sqft
    2021-05-01 0 days 1,846 sqft
    2021-06-01 0 days 1,900 sqft
    2021-07-01 0 days 1,852 sqft
    2021-08-01 0 days 1,752 sqft
    2021-09-01 0 days 1,728 sqft
    2021-10-01 0 days 1,647 sqft
    2021-11-01 0 days 1,663 sqft
    2021-12-01 0 days 1,604 sqft
    2022-01-01 0 days 1,690 sqft
    2022-02-01 0 days 1,763 sqft
    2022-03-01 0 days 1,687 sqft
    2022-04-01 0 days 1,747 sqft
    2022-05-01 0 days 1,769 sqft
    2022-06-01 0 days 1,862 sqft
    2022-07-01 0 days 1,878 sqft
    2022-08-01 0 days 1,861 sqft
    2022-09-01 0 days 1,863 sqft
    2022-10-01 0 days 1,909 sqft
    2022-11-01 0 days 1,872 sqft
    2022-12-01 0 days 1,844 sqft
    2023-01-01 0 days 1,845 sqft
    2023-02-01 0 days 1,846 sqft
    Rio Grande City - Roma's median listing age (time on market) for 2023-02-01 was 0 days.

    Rio Grande City - Roma's median square footage for active listings during the 2023-02-01 period was 1,846 sqft. One year prior, the average listing was 1,763 sqft.

    Rio Grande City-Roma, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 143 $25,835,000 $180,664
    Refi 77 $15,375,000 $199,675
    Cash Out Refi 37 $5,745,000 $155,270
    Home Improvement 6 $470,000 $78,333
    Other 4 $400,000 $100,000

    Rio Grande City - Roma's most frequently cited loan purpose was Home Purchase, with 143 originations. The 2nd most popular reason was Refi, with 77 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 68 $12,250,000 $180,147
    3-4% 52 $8,770,000 $168,654
    4-5% 51 $10,085,000 $197,745
    6-7% 42 $7,920,000 $188,571
    2.5-3% 17 $2,815,000 $165,588
    Over 8% 11 $1,055,000 $95,909
    7-8% 10 $1,730,000 $173,000
    <2.5% 8 $900,000 $112,500

    During 2022, Rio Grande City - Roma's most frequently originated rate bucket was 5-6%, with 68 originations.

    Loan Sizing (Rio Grande City-Roma, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 120 $18,000,000 $150,000
    $200k-400k 91 $22,925,000 $251,923
    $100,000 or less 50 $3,370,000 $67,400
    $400k-600k 5 $2,555,000 $511,000
    $600k-1000k 1 $975,000 $975,000

    Rio Grande City - Roma's loan sizing saw the bucket of loans from $100k-200k with 120 originations, totaling $18,000,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 162 $30,260,000 $186,790
    60-80% 62 $11,420,000 $184,194
    40-60% 20 $2,520,000 $126,000
    20-40% 10 $620,000 $62,000
    Under 20% 3 $55,000 $18,333
    Over 100% 2 $650,000 $325,000

    Rio Grande City - Roma's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 162 originations, totaling $30,260,000 in origination value.