Rio Grande City - Roma Mortgage Rates

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Loan Attributes
  • Market Conditions & Pricing
  • Time on Market/Property Size
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Rio Grande City - Roma averaged 6.56% 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 6.67% and one month ago for the week of 2022-05-26, the average rate was 5.96%.

    Rio Grande City - Roma's average rate one year ago was 3.21%.

    For refis of the same type during the week of 2022-06-30, the average rate was 6.22%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-06-30 5.7%
    Rio Grande City - Roma 30 Year Fixed Rate 2022-06-30 6.56%
    Rio Grande City - Roma 30 Year Fixed Rate Refi 2022-06-30 6.22%
    Rio Grande City - Roma 15 Year Fixed Rate 2022-06-30 6.43%
    Rio Grande City - Roma 15 Year Fixed Rate Refi 2022-06-30 5.05%
    Rio Grande City - Roma 30 Year FHA 2022-06-30 6.07%
    Rio Grande City - Roma 30 Year FHA Refi 2022-06-30 6.24%
    Rio Grande City - Roma 30 Year USDA 2022-06-30 5.86%
    Rio Grande City - Roma 30 Year VA 2022-06-30 6.09%
    Rio Grande City - Roma 30 Year VA Refi 2022-06-30 5.85%
    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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    LEADERONE FINANCIAL CORPORATION 15 3.33% $6,110
    QUICKEN LOANS, LLC 7 3.14% $5,456
    BBVA USA 4 3.69% $4,548
    Lone Star National Bank 4 3.09% $4,992
    Gateway First Bank 3 3.42% $2,147
    SECURITY SERVICE 3 3.17% $3,215
    Town Square Mortgage & Investments, Inc. 3 3.54% $3,310
    AMCAP MORTGAGE, LTD. 2 3.06% $5,577
    PENNYMAC LOAN SERVICES, LLC 2 3.00% $5,983
    LOANPAL, LLC 2 3.12% $5,916
    Wells Fargo Bank 2 3.13% $4,110
    CROSSCOUNTRY MORTGAGE, LLC 2 3.38% $6,576
    ACADEMY MORTGAGE CORPORATION 2 3.19% $5,447
    WILLOW BEND MORTGAGE COMPANY, LLC 1 3.63% $6,577
    Citizens Bank 1 3.75% $8,483
    Farm Credit Mid-America, ACA 1 3.60% $6,273
    Flagstar Bank, FSB 1 3.13% $2,275
    Goldwater Bank, N.A. 1 3.38% $5,388
    HOME POINT FINANCIAL CORPORATION 1 3.00% $4,654
    International Bank of Commerce 1 3.88% $4,472
    LOANDEPOT.COM, LLC 1 2.88% $2,938
    PENTAGON FEDERAL CREDIT UNION 1 2.50% $2,912
    PILGRIM MORTGAGE LLC 1 4.13% $8,071
    SIRVA MORTGAGE, INC. 1 3.13% $3,190
    THRIVE MORTGAGE, LLC 1 3.50% $5,007

    Rio Grande City-Roma, TX's 25 lenders originated 286 loans during 2021. The total origination value was $45,190,000, with an average loan value of $158,007.

    The top Rio Grande City - Roma lender as defined by loan originations is LEADERONE FINANCIAL CORPORATION, with 15 loans originated. Their average total fees are $6,110, which is $654 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Rio Grande City - Roma lenders (with over 10 loans originated) are LEADERONE FINANCIAL CORPORATION ($6,110), .

    The lowest rate Rio Grande City - Roma lenders (with over 10 loans originated) are LEADERONE FINANCIAL CORPORATION (3.33%), .

    Rio Grande City-Roma, 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
    LEADERONE FINANCIAL CORPORATION $5,940,000 $6,435,000 8.3% 14.2%
    QUICKEN LOANS, LLC $2,720,000 $4,800,000 76.5% 10.6%
    Lone Star National Bank $3,750,000 $2,265,000 -39.6% 5.0%
    Falcon International Bank $2,010,000 n/a 4.4%
    WILLOW BEND MORTGAGE COMPANY, LLC $1,010,000 $1,965,000 94.6% 4.3%
    SECURITY SERVICE $1,810,000 $1,650,000 -8.8% 3.7%
    Goldwater Bank, N.A. $2,035,000 $1,595,000 -21.6% 3.5%
    FREEDOM MORTGAGE CORPORATION $745,000 $1,375,000 84.6% 3.0%
    ACADEMY MORTGAGE CORPORATION $190,000 $1,320,000 594.7% 2.9%
    CROSSCOUNTRY MORTGAGE, LLC $1,735,000 $1,235,000 -28.8% 2.7%
    NAVY ARMY COMMUNITY CREDIT UNION $300,000 $1,235,000 311.7% 2.7%
    PENNYMAC LOAN SERVICES, LLC $360,000 $1,195,000 231.9% 2.6%
    INTERLINC MORTGAGE SERVICES, LLC $1,145,000 n/a 2.5%
    Wells Fargo Bank $125,000 $1,075,000 760.0% 2.4%
    Gateway First Bank $500,000 $1,030,000 106.0% 2.3%
    LOANPAL, LLC $935,000 $975,000 4.3% 2.2%
    21ST MORTGAGE CORPORATION $865,000 $935,000 8.1% 2.1%
    BBVA USA $2,005,000 $845,000 -57.9% 1.9%
    AMCAP MORTGAGE, LTD. $830,000 $770,000 -7.2% 1.7%
    International Bank of Commerce $85,000 $710,000 735.3% 1.6%
    THRIVE MORTGAGE, LLC $540,000 $685,000 26.9% 1.5%
    Town Square Mortgage & Investments, Inc. $225,000 $640,000 184.4% 1.4%
    Mr. Cooper ( Nationstar Mortgage ) $1,030,000 $620,000 -39.8% 1.4%
    HOME POINT FINANCIAL CORPORATION $605,000 n/a 1.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $105,000 $440,000 319.0% 1.0%
    UNITED WHOLESALE MORTGAGE, LLC $440,000 n/a 1.0%
    DIRECTIONS EQUITY, LLC $290,000 $435,000 50.0% 1.0%
    HAMILTON HOME LOANS, INC. $580,000 $415,000 -28.4% 0.9%
    Citizens Bank $75,000 $340,000 353.3% 0.8%
    PNC Bank $330,000 n/a 0.7%
    VANDERBILT MORTGAGE AND FINANCE, INC. $315,000 n/a 0.7%
    JPMorgan Chase Bank $145,000 $310,000 113.8% 0.7%
    PENTAGON FEDERAL CREDIT UNION $160,000 $310,000 93.8% 0.7%
    Peoples Bank $285,000 n/a 0.6%
    LAKEVIEW LOAN SERVICING, LLC $265,000 n/a 0.6%
    NATIONS RELIABLE LENDING, LLC $270,000 $220,000 -18.5% 0.5%
    PILGRIM MORTGAGE LLC $205,000 n/a 0.5%
    Texas National Bank $325,000 $205,000 -36.9% 0.5%
    Hometown Lenders, Inc. $195,000 n/a 0.4%
    LENDSURE MORTGAGE CORP. $195,000 n/a 0.4%
    CALIBER HOME LOANS, INC. $505,000 $175,000 -65.3% 0.4%
    Lakeview Community Capital, LLC $280,000 $175,000 -37.5% 0.4%
    AMERISAVE MORTGAGE CORPORATION $155,000 $165,000 6.5% 0.4%
    Chicago Mortgage Solutions LLC $165,000 n/a 0.4%
    MID AMERICA MORTGAGE, INC. $165,000 n/a 0.4%
    ROYAL UNITED MORTGAGE LLC $190,000 $150,000 -21.1% 0.3%
    First Guaranty Mortgage Corporation $155,000 $145,000 -6.5% 0.3%
    USAA Federal Savings Bank $145,000 n/a 0.3%
    Wallick & Volk, Inc. $95,000 $145,000 52.6% 0.3%
    NEW DAY FINANCIAL, LLC $135,000 n/a 0.3%
    Farm Credit Mid-America, ACA $125,000 n/a 0.3%
    SIRVA MORTGAGE, INC. $115,000 n/a 0.3%
    SOUTHWEST STAGE FUNDING, LLC $160,000 $115,000 -28.1% 0.3%
    Texas Mortgage Lending, LLC $115,000 n/a 0.3%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $280,000 $105,000 -62.5% 0.2%
    LOANDEPOT.COM, LLC $270,000 $105,000 -61.1% 0.2%
    Vantage Bank Texas $105,000 n/a 0.2%
    VILLAGE CAPITAL & INVESTMENT LLC $105,000 $105,000 0.0% 0.2%
    Ally Bank $85,000 n/a 0.2%
    Nations Lending Corporation $85,000 n/a 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $245,000 $75,000 -69.4% 0.2%
    Flagstar Bank, FSB $330,000 $75,000 -77.3% 0.2%
    CSL Financial, LLC $65,000 n/a 0.1%
    GREATER TEXAS FEDERAL CREDIT UNION $65,000 n/a 0.1%
    Rio Bank $65,000 $65,000 0.0% 0.1%
    H E B $55,000 n/a 0.1%
    Reliant Bank $55,000 n/a 0.1%
    Frost Bank $45,000 n/a 0.1%
    RANDOLPH-BROOKS $45,000 n/a 0.1%

    Rio Grande City - Roma's top lender by overall market share is LEADERONE FINANCIAL CORPORATION, with 14.2% market share. In second place, with 10.6%, is QUICKEN LOANS, LLC, having originated $4,800,000 in loans. In third place, with 5.0%, is Lone Star National Bank, having originated $2,265,000 in loans. In third place, with 4.4%, is Falcon International Bank, having originated $2,010,000 in loans. In third place, with 4.3%, is WILLOW BEND MORTGAGE COMPANY, LLC, having originated $1,965,000 in loans.

    Rio Grande City-Roma, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 136 $22,270,000 $163,750
    Refi 111 $17,995,000 $162,117
    Cash Out Refi 27 $3,895,000 $144,259
    Home Improvement 6 $410,000 $68,333
    Other 6 $620,000 $103,333

    Rio Grande City - Roma's most frequently cited loan purpose was Home Purchase, with 136 originations. The 2nd most popular reason was Refi, with 111 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 129 $21,425,000 $166,085
    2.5-3% 78 $12,370,000 $158,590
    <2.5% 37 $4,935,000 $133,378
    4-5% 12 $1,760,000 $146,667
    7-8% 8 $750,000 $93,750
    Over 8% 7 $425,000 $60,714
    5-6% 6 $830,000 $138,333
    6-7% 4 $310,000 $77,500

    During 2021, Rio Grande City - Roma's most frequently originated rate bucket was 3-4%, with 129 originations.

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

    Loan Size Originations Total Value Average Loan
    $100k-200k 156 $22,970,000 $147,244
    $100,000 or less 64 $4,460,000 $69,688
    $200k-400k 62 $14,670,000 $236,613
    $400k-600k 3 $1,645,000 $548,333
    $Over $1MM 1 $1,445,000 $1,445,000

    Rio Grande City - Roma's loan sizing saw the bucket of loans from $100k-200k with 156 originations, totaling $22,970,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 158 $25,990,000 $164,494
    60-80% 79 $11,775,000 $149,051
    40-60% 24 $2,780,000 $115,833
    20-40% 6 $400,000 $66,667
    Over 100% 2 $480,000 $240,000
    Under 20% 2 $40,000 $20,000

    Rio Grande City - Roma's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 158 originations, totaling $25,990,000 in origination value.

    Market Conditions (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 $142,000 (11.4%) $162,995 (3.5%) 0.00 62
    2018-02-01 $133,500 (2.8%) $151,211 (-3.5%) 0.00 60
    2018-03-01 $129,000 (-0.2%) $147,077 (-7.1%) 0.00 60
    2018-04-01 $141,500 (5.2%) $153,129 (-4.1%) 0.00 49
    2018-05-01 $129,000 (-1.9%) $148,781 (3.5%) 0.00 48
    2018-06-01 $143,397 (6.3%) $153,002 (-1.1%) 0.00 48
    2018-07-01 $122,500 (-5.0%) $150,342 (1.2%) 0.00 46
    2018-08-01 $119,000 (-4.8%) $150,860 (1.8%) 0.00 41
    2018-09-01 $115,000 (-10.9%) $143,942 (-4.8%) 0.00 42
    2018-10-01 $114,000 (-11.9%) $142,398 (-4.6%) 0.00 44
    2018-11-01 $117,500 (-11.3%) $146,555 (-2.3%) 0.00 51
    2018-12-01 $129,000 (-9.2%) $154,666 (-1.4%) 0.00 53
    2019-01-01 $143,377 (1.0%) $154,386 (-5.3%) 0.00 58
    2019-02-01 $124,500 (-6.7%) $147,503 (-2.5%) 0.00 63
    2019-03-01 $143,644 (11.4%) $149,444 (1.6%) 0.00 66
    2019-04-01 $144,000 (1.8%) $151,841 (-0.8%) 0.00 62
    2019-05-01 $146,500 (13.6%) $153,442 (3.1%) 0.00 60
    2019-06-01 $130,000 (-9.3%) $161,705 (5.7%) 0.00 57
    2019-07-01 $141,950 (15.9%) $162,524 (8.1%) 0.00 60
    2019-08-01 $132,086 (11.0%) $155,790 (3.3%) 0.00 68
    2019-09-01 $115,000 (0.0%) $145,852 (1.3%) 0.00 79
    2019-10-01 $115,000 (0.9%) $140,406 (-1.4%) 0.00 77
    2019-11-01 $115,000 (-2.1%) $143,915 (-1.8%) 0.00 75
    2019-12-01 $115,000 (-10.9%) $133,429 (-13.7%) 0.00 82
    2020-01-01 $115,000 (-19.8%) $132,697 (-14.1%) 0.00 106
    2020-02-01 $115,000 (-7.6%) $130,979 (-11.2%) 0.00 110
    2020-03-01 $115,000 (-19.9%) $130,295 (-12.8%) 0.00 121
    2020-04-01 $115,000 (-20.1%) $153,316 (1.0%) 0.00 122
    2020-05-01 $115,000 (-21.5%) $154,534 (0.7%) 0.00 118
    2020-06-01 $112,000 (-13.9%) $152,225 (-5.9%) 0.00 114
    2020-07-01 $114,500 (-19.3%) $155,144 (-4.5%) 0.00 109
    2020-08-01 $115,000 (-12.9%) $156,705 (0.6%) 0.00 105
    2020-09-01 $115,000 (0.0%) $128,654 (-11.8%) 0.00 96
    2020-10-01 $115,000 (0.0%) $131,080 (-6.6%) 0.00 94
    2020-11-01 $115,000 (0.0%) $137,934 (-4.2%) 0.00 87
    2020-12-01 $115,000 (0.0%) $145,798 (9.3%) 0.00 77
    2021-01-01 $135,900 (18.2%) $163,394 (23.1%) 0.00 58
    2021-02-01 $150,000 (30.4%) $167,883 (28.2%) 0.00 59
    2021-03-01 $149,750 (30.2%) $170,529 (30.9%) 0.00 53
    2021-04-01 $152,250 (32.4%) $166,991 (8.9%) 0.00 54
    2021-05-01 $159,500 (38.7%) $170,693 (10.5%) 0.00 50
    2021-06-01 $175,000 (56.3%) $189,694 (24.6%) 0.00 45
    2021-07-01 $165,000 (44.1%) $247,368 (59.4%) 0.00 46
    2021-08-01 $165,000 (43.5%) $301,532 (92.4%) 0.00 45
    2021-09-01 $170,000 (47.8%) $317,657 (146.9%) 0.00 40
    2021-10-01 $174,999 (52.2%) $309,585 (136.2%) 0.00 51
    2021-11-01 $169,950 (47.8%) $291,170 (111.1%) 0.00 59
    2021-12-01 $164,500 (43.0%) $282,795 (94.0%) 0.00 60
    2022-01-01 $174,999 (28.8%) $297,122 (81.8%) 0.00 56
    2022-02-01 $172,500 (15.0%) $300,632 (79.1%) 0.00 56
    2022-03-01 $182,500 (21.9%) $318,612 (86.8%) 0.00 49
    2022-04-01 $188,500 (23.8%) $329,219 (97.2%) 0.00 49
    2022-05-01 $204,750 (28.4%) $315,839 (85.0%) 0.00 55
    2022-06-01 $217,000 (24.0%) $331,306 (74.7%) 0.00 50
    Rio Grande City - Roma's median listing price for 2022-06-01 was $217,000, a difference of $42,000 (24.0%) versus the prior year and $12,250 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 2022-06-01 was $331,306, a difference of $141,612 (74.7%) versus the prior year and $15,467 versus the prior month.

    For the 2022-06-01 period, Rio Grande City - Roma had 50 MLS listings, a difference of -5 listings (-9%) versus the prior month and 5 listings (11%) 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 1,847 sqft
    2018-02-01 0 days 1,752 sqft
    2018-03-01 0 days 1,823 sqft
    2018-04-01 0 days 1,835 sqft
    2018-05-01 0 days 1,842 sqft
    2018-06-01 0 days 1,842 sqft
    2018-07-01 0 days 1,833 sqft
    2018-08-01 0 days 1,949 sqft
    2018-09-01 0 days 1,823 sqft
    2018-10-01 0 days 1,804 sqft
    2018-11-01 0 days 1,804 sqft
    2018-12-01 0 days 1,910 sqft
    2019-01-01 0 days 1,844 sqft
    2019-02-01 0 days 1,823 sqft
    2019-03-01 0 days 1,872 sqft
    2019-04-01 0 days 1,905 sqft
    2019-05-01 0 days 1,893 sqft
    2019-06-01 0 days 1,823 sqft
    2019-07-01 0 days 1,823 sqft
    2019-08-01 0 days 1,687 sqft
    2019-09-01 0 days 1,532 sqft
    2019-10-01 0 days 1,488 sqft
    2019-11-01 0 days 1,461 sqft
    2019-12-01 0 days 1,446 sqft
    2020-01-01 0 days 1,252 sqft
    2020-02-01 0 days 1,277 sqft
    2020-03-01 0 days 1,112 sqft
    2020-04-01 0 days 1,277 sqft
    2020-05-01 0 days 1,277 sqft
    2020-06-01 0 days 1,239 sqft
    2020-07-01 0 days 1,200 sqft
    2020-08-01 0 days 1,204 sqft
    2020-09-01 0 days 1,073 sqft
    2020-10-01 0 days 1,277 sqft
    2020-11-01 0 days 1,292 sqft
    2020-12-01 0 days 1,430 sqft
    2021-01-01 0 days 1,768 sqft
    2021-02-01 0 days 1,852 sqft
    2021-03-01 0 days 1,900 sqft
    2021-04-01 0 days 1,900 sqft
    2021-05-01 0 days 1,852 sqft
    2021-06-01 0 days 1,955 sqft
    2021-07-01 0 days 1,896 sqft
    2021-08-01 0 days 1,781 sqft
    2021-09-01 0 days 1,815 sqft
    2021-10-01 0 days 1,663 sqft
    2021-11-01 0 days 1,686 sqft
    2021-12-01 0 days 1,647 sqft
    2022-01-01 0 days 1,709 sqft
    2022-02-01 0 days 1,763 sqft
    2022-03-01 0 days 1,846 sqft
    2022-04-01 0 days 1,846 sqft
    2022-05-01 0 days 1,820 sqft
    2022-06-01 0 days 1,878 sqft
    Rio Grande City - Roma's median listing age (time on market) for 2022-06-01 was 0 days.

    Rio Grande City - Roma's median square footage for active listings during the 2022-06-01 period was 1,878 sqft. One year prior, the average listing was 1,955 sqft.