Rio Grande City - Roma Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Rio Grande City - Roma averaged 6.7% for the week of 2024-02-22, compared to the national average of 6.9% for the same period.

The average rate for the prior week (2024-02-15) was 6.97% and one month ago for the week of 2024-01-18, the average rate was 6.5%.

Rio Grande City - Roma's average rate one year ago was 6.45%.

For refis of the same type during the week of 2024-02-22, the average rate was 6.9%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-22 6.9%
Rio Grande City - Roma 30 Year Fixed Rate 2024-02-22 6.7%
Rio Grande City - Roma 30 Year Fixed Rate Refi 2024-02-22 6.9%
Rio Grande City - Roma 15 Year Fixed Rate 2024-02-22 6.39%
Rio Grande City - Roma 15 Year Fixed Rate Refi 2024-02-22 6.69%
Rio Grande City - Roma 30 Year FHA 2024-02-22 0.1%
Rio Grande City - Roma 30 Year FHA Refi 2024-02-22 0.2%
Rio Grande City - Roma 30 Year USDA 2024-02-22 0.2%
Rio Grande City - Roma 30 Year USDA Refi 2024-02-22 0%
Rio Grande City - Roma 30 Year VA 2024-02-22 0%
Rio Grande City - Roma 30 Year VA Refi 2024-02-22 -0.1%
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 (9.5%) $163,584 (5.9%) 0.00 63
2018-02-01 $126,000 (-2.7%) $156,894 (2.0%) 0.00 61
2018-03-01 $129,000 (0.4%) $154,499 (0.1%) 0.00 60
2018-04-01 $140,750 (8.4%) $163,187 (5.0%) 0.00 50
2018-05-01 $129,000 (0.8%) $157,840 (5.5%) 0.00 49
2018-06-01 $129,000 (-3.7%) $159,327 (-2.4%) 0.00 46
2018-07-01 $122,250 (-4.9%) $158,517 (1.8%) 0.00 46
2018-08-01 $119,000 (-1.5%) $162,736 (5.9%) 0.00 41
2018-09-01 $117,000 (-7.5%) $156,122 (0.1%) 0.00 41
2018-10-01 $114,500 (-10.7%) $154,029 (1.7%) 0.00 44
2018-11-01 $118,750 (-9.0%) $157,851 (0.9%) 0.00 50
2018-12-01 $136,194 (-2.4%) $164,756 (0.7%) 0.00 51
2019-01-01 $143,844 (3.1%) $163,664 (-1.8%) 0.00 58
2019-02-01 $143,377 (13.8%) $159,116 (-0.7%) 0.00 62
2019-03-01 $147,429 (14.3%) $160,745 (1.5%) 0.00 62
2019-04-01 $147,304 (4.7%) $162,576 (10.6%) 0.00 60
2019-05-01 $149,000 (15.5%) $163,908 (30.3%) 0.00 59
2019-06-01 $130,000 (0.8%) $170,881 (36.5%) 0.00 55
2019-07-01 $141,513 (15.8%) $170,838 (37.4%) 0.00 60
2019-08-01 $136,109 (14.4%) $164,307 (29.7%) 0.00 61
2019-09-01 $124,235 (6.2%) $154,025 (24.4%) 0.00 61
2019-10-01 $115,000 (0.4%) $145,784 (17.3%) 0.00 71
2019-11-01 $115,000 (-3.2%) $150,352 (19.6%) 0.00 76
2019-12-01 $115,000 (-15.6%) $139,125 (7.6%) 0.00 84
2020-01-01 $115,000 (-20.1%) $142,326 (8.2%) 0.00 90
2020-02-01 $115,000 (-19.8%) $139,912 (9.2%) 0.00 94
2020-03-01 $115,000 (-22.0%) $139,105 (6.7%) 0.00 99
2020-04-01 $114,500 (-22.3%) $154,037 (1.2%) 0.00 98
2020-05-01 $114,500 (-23.2%) $154,842 (-10.0%) 0.00 98
2020-06-01 $111,750 (-14.0%) $152,068 (-15.7%) 0.00 95
2020-07-01 $114,000 (-19.4%) $154,514 (-5.9%) 0.00 92
2020-08-01 $115,000 (-15.5%) $156,571 (-0.4%) 0.00 88
2020-09-01 $115,000 (-7.4%) $139,283 (-0.9%) 0.00 81
2020-10-01 $115,000 (0.0%) $141,258 (4.8%) 0.00 83
2020-11-01 $115,000 (0.0%) $147,215 (-6.0%) 0.00 81
2020-12-01 $115,000 (0.0%) $153,567 (5.3%) 0.00 77
2021-01-01 $145,000 (26.1%) $170,409 (18.3%) 0.00 59
2021-02-01 $150,000 (30.4%) $175,639 (24.4%) 0.00 60
2021-03-01 $150,000 (30.4%) $170,401 (24.7%) 0.00 54
2021-04-01 $149,750 (30.8%) $165,623 (12.6%) 0.00 55
2021-05-01 $157,250 (37.3%) $169,132 (18.0%) 0.00 51
2021-06-01 $174,999 (56.6%) $186,940 (29.0%) 0.00 47
2021-07-01 $165,000 (44.7%) $298,803 (70.4%) 0.00 49
2021-08-01 $165,000 (43.5%) $298,578 (70.4%) 0.00 47
2021-09-01 $166,250 (44.6%) $311,077 (90.8%) 0.00 42
2021-10-01 $172,500 (50.0%) $305,863 (85.6%) 0.00 50
2021-11-01 $169,950 (47.8%) $289,778 (87.9%) 0.00 59
2021-12-01 $164,250 (42.8%) $286,297 (78.4%) 0.00 58
2022-01-01 $172,500 (19.0%) $300,729 (46.4%) 0.00 55
2022-02-01 $170,000 (13.3%) $299,441 (40.9%) 0.00 57
2022-03-01 $177,500 (18.3%) $319,461 (50.8%) 0.00 49
2022-04-01 $186,922 (24.8%) $329,515 (57.5%) 0.00 48
2022-05-01 $202,375 (28.7%) $316,942 (45.9%) 0.00 55
2022-06-01 $217,000 (24.0%) $334,722 (42.8%) 0.00 50
2022-07-01 $229,500 (39.1%) $326,878 (-3.1%) 0.00 52
2022-08-01 $234,000 (41.8%) $318,197 (-6.8%) 0.00 62
2022-09-01 $234,950 (41.3%) $300,326 (-15.4%) 0.00 78
2022-10-01 $239,250 (38.7%) $300,844 (-13.5%) 0.00 75
2022-11-01 $243,850 (43.5%) $310,733 (-5.7%) 0.00 73
2022-12-01 $241,500 (47.0%) $310,611 (-4.5%) 0.00 75
2023-01-01 $243,850 (41.4%) $315,303 (4.8%) 0.00 72
2023-02-01 $237,125 (39.5%) $313,133 (4.7%) 0.00 70
2023-03-01 $228,000 (28.5%) $309,683 (-2.2%) 0.00 71
2023-04-01 $219,333 (17.3%) $306,663 (-5.7%) 0.00 66
2023-05-01 $220,125 (8.8%) $311,909 (0.2%) 0.00 65
2023-06-01 $206,250 (-5.0%) $311,964 (-6.8%) 0.00 66
2023-07-01 $229,900 (0.2%) $321,503 (-3.3%) 0.00 70
2023-08-01 $229,900 (-1.8%) $331,302 (2.7%) 0.00 70
2023-09-01 $229,950 (-2.1%) $329,303 (7.8%) 0.00 72
2023-10-01 $229,900 (-3.9%) $317,377 (4.3%) 0.00 75
2023-11-01 $228,950 (-6.1%) $313,123 (1.2%) 0.00 75
2023-12-01 $224,500 (-7.0%) $306,182 (0.0%) 0.00 75
Rio Grande City - Roma's median listing price for 2023-12-01 was $224,500, a difference of $-17,000 (-7.0%) versus the prior year and $-4,450 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 2023-12-01 was $306,182, a difference of $-4,429 (0.0%) versus the prior year and $-6,941 versus the prior month.

For the 2023-12-01 period, Rio Grande City - Roma had 75 MLS listings, a difference of 0 listings (0%) versus the prior month and 0 listings (0%) 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 1,847 sqft
2018-04-01 0 days 1,887 sqft
2018-05-01 0 days 1,846 sqft
2018-06-01 0 days 1,900 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 1,813 sqft
2018-11-01 0 days 1,813 sqft
2018-12-01 0 days 1,926 sqft
2019-01-01 0 days 1,894 sqft
2019-02-01 0 days 1,839 sqft
2019-03-01 0 days 1,917 sqft
2019-04-01 0 days 1,926 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 1,466 sqft
2020-01-01 0 days 1,408 sqft
2020-02-01 0 days 1,415 sqft
2020-03-01 0 days 1,325 sqft
2020-04-01 0 days 1,415 sqft
2020-05-01 0 days 1,418 sqft
2020-06-01 0 days 1,329 sqft
2020-07-01 0 days 1,328 sqft
2020-08-01 0 days 1,305 sqft
2020-09-01 0 days 1,280 sqft
2020-10-01 0 days 1,305 sqft
2020-11-01 0 days 1,391 sqft
2020-12-01 0 days 1,443 sqft
2021-01-01 0 days 1,768 sqft
2021-02-01 0 days 1,852 sqft
2021-03-01 0 days 1,901 sqft
2021-04-01 0 days 1,864 sqft
2021-05-01 0 days 1,846 sqft
2021-06-01 0 days 1,900 sqft
2021-07-01 0 days 1,872 sqft
2021-08-01 0 days 1,779 sqft
2021-09-01 0 days 1,777 sqft
2021-10-01 0 days 1,655 sqft
2021-11-01 0 days 1,670 sqft
2021-12-01 0 days 1,633 sqft
2022-01-01 0 days 1,690 sqft
2022-02-01 0 days 1,791 sqft
2022-03-01 0 days 1,741 sqft
2022-04-01 0 days 1,793 sqft
2022-05-01 0 days 1,804 sqft
2022-06-01 0 days 1,878 sqft
2022-07-01 0 days 1,878 sqft
2022-08-01 0 days 1,836 sqft
2022-09-01 0 days 1,845 sqft
2022-10-01 0 days 1,909 sqft
2022-11-01 0 days 1,887 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
2023-03-01 0 days 1,853 sqft
2023-04-01 0 days 1,816 sqft
2023-05-01 0 days 1,795 sqft
2023-06-01 0 days 1,738 sqft
2023-07-01 0 days 1,802 sqft
2023-08-01 0 days 1,825 sqft
2023-09-01 0 days 1,802 sqft
2023-10-01 0 days 1,786 sqft
2023-11-01 0 days 1,767 sqft
2023-12-01 0 days 1,783 sqft
Rio Grande City - Roma's median listing age (time on market) for 2023-12-01 was 0 days.

Rio Grande City - Roma's median square footage for active listings during the 2023-12-01 period was 1,783 sqft. One year prior, the average listing was 1,844 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.