Rochelle Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Rochelle averaged
6.22%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.22% and
one month ago for the week of 2024-09-05, the
average rate was 6.55%.
Rochelle's average rate one year ago was 7.39%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.22%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Rochelle 30 Year Fixed Rate | 2024-10-10 | 6.22% |
Rochelle 30 Year Fixed Rate Refi | 2024-10-10 | 6.22% |
Rochelle 15 Year Fixed Rate | 2024-10-10 | 5.21% |
Rochelle 15 Year Fixed Rate Refi | 2024-10-10 | 5.71% |
Rochelle 30 Year FHA | 2024-10-10 | 5.83% |
Rochelle 30 Year FHA Refi | 2024-10-10 | 6.3% |
Rochelle 30 Year USDA | 2024-10-10 | 5.88% |
Rochelle 30 Year USDA Refi | 2024-10-10 | 6.18% |
Rochelle 30 Year VA | 2024-10-10 | 6.05% |
Rochelle 30 Year VA Refi | 2024-10-10 | 5.75% |
Rochelle 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 Rochelle, IL 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.).
Rochelle Average Closing Costs & Other Stats
Rochelle, IL's 76 lenders originated 749
loans during 2023. The total origination value was $111,225,000, with an average loan value of
$148,498.
Rochelle's average closing costs are $4,067.
The top Rochelle lender as defined by loan originations is Stillman Bank, with
35 loans originated. Their average total fees are
$2,063, which is $710
lower than the next largest lender,
GREENSTATE CREDIT UNION.
The lowest fee Rochelle lenders (with over 10 loans originated) are
Stillman Bank ($2,063), Central Bank Illinois ($2,303), GREENSTATE CREDIT UNION ($2,773), FIRST NORTHERN Credit Union ($2,813) and Byron Bank ($2,827).
The lowest rate Rochelle lenders (with over 10 loans originated) are
GREENSTATE CREDIT UNION (6.53%), Stillman Bank (6.69%), Blackhawk Bank (6.81%), Central Bank Illinois (6.81%) and FIRST NORTHERN Credit Union (6.83%).
Rochelle, IL 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Central Bank Illinois | $8,435,000 | $7,500,000 | -11.1% | 6.7% |
Holcomb Bank | $13,000,000 | $7,010,000 | -46.1% | 6.3% |
GREENSTATE CREDIT UNION | $880,000 | $6,850,000 | 678.4% | 6.2% |
Stillman Bank | $10,025,000 | $6,580,000 | -34.4% | 5.9% |
QUICKEN LOANS, LLC | $7,765,000 | $6,235,000 | -19.7% | 5.6% |
Byron Bank | $5,385,000 | $3,985,000 | -26.0% | 3.6% |
Mortgage Research Center, LLC | $4,430,000 | $3,890,000 | -12.2% | 3.5% |
ENVOY MORTGAGE, LTD | $4,980,000 | $3,110,000 | -37.6% | 2.8% |
FIRST NORTHERN Credit Union | $1,600,000 | $2,750,000 | 71.9% | 2.5% |
LOANDEPOT.COM, LLC | $1,720,000 | $2,670,000 | 55.2% | 2.4% |
First State Bank | $4,270,000 | $2,665,000 | -37.6% | 2.4% |
JPMorgan Chase Bank | $1,605,000 | $2,500,000 | 55.8% | 2.2% |
GUILD MORTGAGE COMPANY | $2,335,000 | n/a | 2.1% | |
Blackhawk Bank | $4,720,000 | $2,305,000 | -51.2% | 2.1% |
UNITED WHOLESALE MORTGAGE, LLC | $1,980,000 | $2,140,000 | 8.1% | 1.9% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,345,000 | $1,945,000 | 44.6% | 1.7% |
COMPASS MORTGAGE, INC. | $2,405,000 | $1,865,000 | -22.5% | 1.7% |
Union Savings Bank | $5,670,000 | $1,820,000 | -67.9% | 1.6% |
U.S. Bank | $3,235,000 | $1,760,000 | -45.6% | 1.6% |
GUARANTEED RATE, INC. | $2,180,000 | $1,735,000 | -20.4% | 1.6% |
CROSSCOUNTRY MORTGAGE, LLC | $1,765,000 | $1,695,000 | -4.0% | 1.5% |
COMPEER FINANCIAL, FLCA | $835,000 | $1,550,000 | 85.6% | 1.4% |
PNC Bank | $315,000 | $1,370,000 | 334.9% | 1.2% |
Midland States Bank | $970,000 | $1,365,000 | 40.7% | 1.2% |
First National Bank of Omaha | $1,500,000 | $1,180,000 | -21.3% | 1.1% |
USAA Federal Savings Bank | $995,000 | $1,135,000 | 14.1% | 1.0% |
MUTUAL OF OMAHA MORTGAGE, INC. | $660,000 | $1,075,000 | 62.9% | 1.0% |
Sauk Valley Bank & Trust Company | $1,620,000 | $1,025,000 | -36.7% | 0.9% |
Community Mortgage Banc Corporation | $1,815,000 | $1,000,000 | -44.9% | 0.9% |
The Huntington National Bank | $1,170,000 | $975,000 | -16.7% | 0.9% |
Old Second National Bank | $460,000 | $920,000 | 100.0% | 0.8% |
DRAPER AND KRAMER MORTGAGE CORP. | $395,000 | $910,000 | 130.4% | 0.8% |
Old National Bank | $250,000 | $895,000 | 258.0% | 0.8% |
CALIBER HOME LOANS, INC. | $530,000 | $885,000 | 67.0% | 0.8% |
ACADEMY MORTGAGE CORPORATION | $1,590,000 | $805,000 | -49.4% | 0.7% |
FIRST CENTENNIAL MORTGAGE CORPORATION | $2,035,000 | $790,000 | -61.2% | 0.7% |
Rock Valley Credit Union | $785,000 | $790,000 | 0.6% | 0.7% |
Key Mortgage Services, Inc. | $625,000 | n/a | 0.6% | |
PLANET HOME LENDING, LLC | $955,000 | $615,000 | -35.6% | 0.6% |
LAKEVIEW LOAN SERVICING, LLC | $475,000 | $575,000 | 21.1% | 0.5% |
NEW DAY FINANCIAL, LLC | $665,000 | $550,000 | -17.3% | 0.5% |
NEWREZ LLC | $495,000 | $545,000 | 10.1% | 0.5% |
GUARANTEED RATE AFFINITY, LLC | $235,000 | $525,000 | 123.4% | 0.5% |
PLAZA HOME MORTGAGE, INC. | $590,000 | $510,000 | -13.6% | 0.5% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $500,000 | n/a | 0.4% | |
CARDINAL FINANCIAL | $320,000 | $480,000 | 50.0% | 0.4% |
CHURCHILL MORTGAGE CORPORATION | $470,000 | n/a | 0.4% | |
NAVY FEDERAL CREDIT UNION | $1,345,000 | $470,000 | -65.1% | 0.4% |
Fifth Third Bank | $1,325,000 | $465,000 | -64.9% | 0.4% |
Bank of America | $270,000 | $460,000 | 70.4% | 0.4% |
University of Wisconsin Credit Union | $215,000 | $455,000 | 111.6% | 0.4% |
Deere Employees Credit Union | $50,000 | $450,000 | 800.0% | 0.4% |
The Harvard State Bank | $1,295,000 | $415,000 | -68.0% | 0.4% |
NORTHWEST BANK OF ROCKFORD | $1,230,000 | $405,000 | -67.1% | 0.4% |
CITIZENS EQUITY FIRST | $155,000 | $390,000 | 151.6% | 0.4% |
Flanagan State Bank | $1,000,000 | $365,000 | -63.5% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $2,740,000 | $365,000 | -86.7% | 0.3% |
Farmers National Bank | $190,000 | $350,000 | 84.2% | 0.3% |
First Community Credit Union | $55,000 | $350,000 | 536.4% | 0.3% |
DAS Acquisition Company, LLC | $325,000 | n/a | 0.3% | |
Magnolia Bank | $325,000 | n/a | 0.3% | |
Associated Bank | $275,000 | $320,000 | 16.4% | 0.3% |
Neighborhood Loans, Inc. | $410,000 | $315,000 | -23.2% | 0.3% |
Flagstar Bank, FSB | $560,000 | $310,000 | -44.6% | 0.3% |
Simmons Bank | $275,000 | n/a | 0.2% | |
BMO Harris Bank | $365,000 | $270,000 | -26.0% | 0.2% |
Century Mortgage Company DBA Century Lending Company | $260,000 | n/a | 0.2% | |
Mutual Federal Bank | $125,000 | $255,000 | 104.0% | 0.2% |
ZILLOW HOME LOANS, LLC | $255,000 | n/a | 0.2% | |
Cornerstone National Bank & Trust Company | $245,000 | n/a | 0.2% | |
Iroquois Federal Savings and Loan Association | $245,000 | n/a | 0.2% | |
Baxter Credit Union | $240,000 | n/a | 0.2% | |
Discover Bank | $45,000 | $230,000 | 411.1% | 0.2% |
United Community Bank | $1,295,000 | $230,000 | -82.2% | 0.2% |
FOUNDATION MORTGAGE CORPORATION | $215,000 | n/a | 0.2% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $215,000 | n/a | 0.2% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $500,000 | $205,000 | -59.0% | 0.2% |
Paramount Residential Mortgage Group, Inc. | $645,000 | $205,000 | -68.2% | 0.2% |
Resource Bank, N.A. | $205,000 | n/a | 0.2% | |
Coastal Community Bank | $200,000 | n/a | 0.2% | |
Sierra Pacific Mortgage Company, Inc. | $195,000 | n/a | 0.2% | |
THE ANDERSON FINANCIAL GROUP, INC. | $195,000 | n/a | 0.2% | |
PENNYMAC LOAN SERVICES, LLC | $1,230,000 | $190,000 | -84.6% | 0.2% |
Allied First Bank,sb | $185,000 | n/a | 0.2% | |
HOMESIDE FINANCIAL, LLC | $185,000 | n/a | 0.2% | |
BROKER SOLUTIONS, INC. | $135,000 | $180,000 | 33.3% | 0.2% |
DUPACO COMMUNITY | $475,000 | $175,000 | -63.2% | 0.2% |
AMERISAVE MORTGAGE CORPORATION | $710,000 | $165,000 | -76.8% | 0.1% |
FLAT BRANCH MORTGAGE, INC. | $905,000 | $165,000 | -81.8% | 0.1% |
NATIONS RELIABLE LENDING, LLC | $165,000 | n/a | 0.1% | |
NBKC BANK | $165,000 | n/a | 0.1% | |
NUMARK CREDIT UNION | $165,000 | n/a | 0.1% | |
The First National Bank and Trust Company | $160,000 | n/a | 0.1% | |
BAY EQUITY LLC | $155,000 | n/a | 0.1% | |
SPRING EQ, LLC | $110,000 | $155,000 | 40.9% | 0.1% |
Figure Lending LLC | $125,000 | $150,000 | 20.0% | 0.1% |
ALLIANT CREDIT UNION | $35,000 | $145,000 | 314.3% | 0.1% |
EVERETT FINANCIAL, INC. | $185,000 | $145,000 | -21.6% | 0.1% |
Illinois Community Credit Unio | $235,000 | $145,000 | -38.3% | 0.1% |
First Mid Bank & Trust | $135,000 | n/a | 0.1% | |
MORIA DEVELOPMENT, INC. | $135,000 | n/a | 0.1% | |
Nations Lending Corporation | $135,000 | n/a | 0.1% | |
Wells Fargo Bank | $1,940,000 | $135,000 | -93.0% | 0.1% |
Bank of Pontiac | $125,000 | n/a | 0.1% | |
Lakeview Community Capital, LLC | $25,000 | $125,000 | 400.0% | 0.1% |
LEADERONE FINANCIAL CORPORATION | $145,000 | $125,000 | -13.8% | 0.1% |
Summit Credit Union | $105,000 | $125,000 | 19.0% | 0.1% |
A&D Mortgage LLC | $115,000 | n/a | 0.1% | |
Connexus Credit Union | $125,000 | $115,000 | -8.0% | 0.1% |
ENDEAVOR CAPITAL, LLC. | $185,000 | $115,000 | -37.8% | 0.1% |
First Federal Bank | $115,000 | n/a | 0.1% | |
FREEDOM MORTGAGE CORPORATION | $620,000 | $115,000 | -81.5% | 0.1% |
Cornerstone Credit Union | $110,000 | n/a | 0.1% | |
First National Bank of America | $105,000 | n/a | 0.1% | |
AXIA FINANCIAL, LLC | $95,000 | n/a | 0.1% | |
AMERICAN HERITAGE LENDING, INC. | $85,000 | n/a | 0.1% | |
FINANCE OF AMERICA REVERSE LLC | $75,000 | n/a | 0.1% | |
Citizens Bank | $55,000 | $55,000 | 0.0% | 0.0% |
HealthCare Associates Credit Union | $45,000 | n/a | 0.0% | |
TRIAD FINANCIAL SERVICES, INC. | $35,000 | n/a | 0.0% | |
Bethpage Federal Credit Union | $25,000 | n/a | 0.0% |
Rochelle's top lender by overall market share is Central Bank Illinois, with 6.7% market share. In second place, with 6.3%, is Holcomb Bank, having originated $7,010,000 in loans. In third place, with 6.2%, is GREENSTATE CREDIT UNION, having originated $6,850,000 in loans. In fourth place, with 5.9%, is Stillman Bank, having originated $6,580,000 in loans. In fifth place, with 5.6%, is QUICKEN LOANS, LLC, having originated $6,235,000 in loans.
Rochelle Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Rochelle (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $144,875 (5.1%) | $191,224 (0.3%) | 0.00 | 213 |
2018-02-01 | $143,150 (3.8%) | $196,226 (9.2%) | 0.00 | 197 |
2018-03-01 | $149,000 (10.4%) | $198,511 (10.4%) | 0.00 | 189 |
2018-04-01 | $172,450 (27.8%) | $202,055 (8.5%) | 0.00 | 191 |
2018-05-01 | $179,900 (33.4%) | $211,691 (10.3%) | 0.00 | 215 |
2018-06-01 | $171,000 (22.4%) | $206,236 (7.2%) | 0.00 | 229 |
2018-07-01 | $166,325 (19.3%) | $200,475 (5.2%) | 0.00 | 251 |
2018-08-01 | $163,425 (17.6%) | $199,538 (6.3%) | 0.00 | 264 |
2018-09-01 | $161,000 (15.1%) | $201,714 (8.2%) | 0.00 | 263 |
2018-10-01 | $167,500 (18.0%) | $219,097 (20.3%) | 0.00 | 265 |
2018-11-01 | $169,925 (17.3%) | $220,686 (17.9%) | 0.00 | 263 |
2018-12-01 | $169,900 (17.3%) | $221,421 (17.2%) | 0.00 | 244 |
2019-01-01 | $179,675 (24.0%) | $223,463 (16.9%) | 0.00 | 226 |
2019-02-01 | $179,900 (25.7%) | $223,655 (14.0%) | 0.00 | 207 |
2019-03-01 | $182,900 (22.8%) | $230,222 (16.0%) | 0.00 | 198 |
2019-04-01 | $189,425 (9.8%) | $238,324 (18.0%) | 0.00 | 205 |
2019-05-01 | $195,975 (8.9%) | $241,484 (14.1%) | 0.00 | 231 |
2019-06-01 | $189,900 (11.1%) | $244,836 (18.7%) | 0.00 | 251 |
2019-07-01 | $186,450 (12.1%) | $238,392 (18.9%) | 0.00 | 259 |
2019-08-01 | $180,882 (10.7%) | $230,014 (15.3%) | 0.00 | 261 |
2019-09-01 | $174,705 (8.5%) | $231,868 (15.0%) | 0.00 | 261 |
2019-10-01 | $169,900 (1.4%) | $231,642 (5.7%) | 0.00 | 260 |
2019-11-01 | $173,900 (2.3%) | $226,731 (2.7%) | 0.00 | 251 |
2019-12-01 | $169,900 (0.0%) | $221,088 (-0.2%) | 0.00 | 229 |
2020-01-01 | $169,450 (-5.7%) | $225,290 (0.8%) | 0.00 | 215 |
2020-02-01 | $175,000 (-2.7%) | $228,081 (2.0%) | 0.00 | 210 |
2020-03-01 | $178,325 (-2.5%) | $233,577 (1.5%) | 0.00 | 204 |
2020-04-01 | $178,700 (-5.7%) | $230,431 (-3.3%) | 0.00 | 199 |
2020-05-01 | $179,900 (-8.2%) | $235,542 (-2.5%) | 0.00 | 190 |
2020-06-01 | $179,900 (-5.3%) | $239,561 (-2.2%) | 0.00 | 188 |
2020-07-01 | $185,250 (-0.6%) | $248,638 (4.3%) | 0.00 | 175 |
2020-08-01 | $169,900 (-6.1%) | $242,610 (5.5%) | 0.00 | 167 |
2020-09-01 | $169,950 (-2.7%) | $237,477 (2.4%) | 0.00 | 177 |
2020-10-01 | $161,400 (-5.0%) | $231,741 (0.0%) | 0.00 | 175 |
2020-11-01 | $169,700 (-2.4%) | $245,872 (8.4%) | 0.00 | 152 |
2020-12-01 | $162,200 (-4.5%) | $242,714 (9.8%) | 0.00 | 129 |
2021-01-01 | $150,000 (-11.5%) | $242,314 (7.6%) | 0.00 | 106 |
2021-02-01 | $145,975 (-16.6%) | $240,196 (5.3%) | 0.00 | 88 |
2021-03-01 | $157,475 (-11.7%) | $270,342 (15.7%) | 0.00 | 68 |
2021-04-01 | $167,450 (-6.3%) | $284,472 (23.5%) | 0.00 | 74 |
2021-05-01 | $165,000 (-8.3%) | $279,617 (18.7%) | 0.00 | 74 |
2021-06-01 | $162,475 (-9.7%) | $262,341 (9.5%) | 0.00 | 87 |
2021-07-01 | $188,900 (2.0%) | $310,786 (25.0%) | 0.00 | 100 |
2021-08-01 | $185,450 (9.2%) | $316,123 (30.3%) | 0.00 | 98 |
2021-09-01 | $192,691 (13.4%) | $290,598 (22.4%) | 0.00 | 101 |
2021-10-01 | $190,400 (18.0%) | $308,816 (33.3%) | 0.00 | 89 |
2021-11-01 | $177,475 (4.6%) | $290,060 (18.0%) | 0.00 | 94 |
2021-12-01 | $182,450 (12.5%) | $303,534 (25.1%) | 0.00 | 89 |
2022-01-01 | $190,000 (26.7%) | $333,246 (37.5%) | 0.00 | 74 |
2022-02-01 | $187,450 (28.4%) | $360,598 (50.1%) | 0.00 | 61 |
2022-03-01 | $194,975 (23.8%) | $407,342 (50.7%) | 0.00 | 46 |
2022-04-01 | $179,900 (7.4%) | $385,885 (35.7%) | 0.00 | 49 |
2022-05-01 | $210,000 (27.3%) | $353,142 (26.3%) | 0.00 | 69 |
2022-06-01 | $230,975 (42.2%) | $330,958 (26.2%) | 0.00 | 72 |
2022-07-01 | $209,000 (10.6%) | $279,598 (-10.0%) | 0.00 | 80 |
2022-08-01 | $224,960 (21.3%) | $288,966 (-8.6%) | 0.00 | 77 |
2022-09-01 | $198,500 (3.0%) | $256,221 (-11.8%) | 0.00 | 81 |
2022-10-01 | $205,000 (7.7%) | $262,273 (-15.1%) | 0.00 | 79 |
2022-11-01 | $192,400 (8.4%) | $257,603 (-11.2%) | 0.00 | 87 |
2022-12-01 | $186,000 (2.0%) | $264,123 (-13.0%) | 0.00 | 71 |
2023-01-01 | $191,200 (0.6%) | $264,134 (-20.7%) | 0.00 | 67 |
2023-02-01 | $211,625 (12.9%) | $271,697 (-24.7%) | 0.00 | 62 |
2023-03-01 | $223,750 (14.8%) | $252,426 (-38.0%) | 0.00 | 63 |
2023-04-01 | $222,500 (23.7%) | $242,239 (-37.2%) | 0.00 | 54 |
2023-05-01 | $216,925 (3.3%) | $239,291 (-32.2%) | 0.00 | 54 |
2023-06-01 | $193,975 (-16.0%) | $228,055 (-31.1%) | 0.00 | 54 |
2023-07-01 | $218,950 (4.8%) | $251,261 (-10.1%) | 0.00 | 47 |
2023-08-01 | $239,900 (6.6%) | $259,032 (-10.4%) | 0.00 | 50 |
2023-09-01 | $249,000 (25.4%) | $265,823 (3.8%) | 0.00 | 57 |
2023-10-01 | $248,425 (21.2%) | $271,328 (3.5%) | 0.00 | 73 |
2023-11-01 | $239,450 (24.5%) | $267,947 (4.0%) | 0.00 | 80 |
2023-12-01 | $214,450 (15.3%) | $247,547 (-6.3%) | 0.00 | 72 |
2024-01-01 | $203,725 (6.6%) | $244,179 (-7.6%) | 0.00 | 70 |
2024-02-01 | $203,675 (-3.8%) | $237,763 (-12.5%) | 0.00 | 62 |
2024-03-01 | $217,400 (-2.8%) | $260,770 (3.3%) | 0.00 | 52 |
2024-04-01 | $213,700 (-4.0%) | $282,435 (16.6%) | 0.00 | 50 |
2024-05-01 | $244,225 (12.6%) | $291,979 (22.0%) | 0.00 | 48 |
2024-06-01 | $228,450 (17.8%) | $285,424 (25.2%) | 0.00 | 49 |
2024-07-01 | $244,900 (11.9%) | $304,013 (21.0%) | 0.00 | 60 |
2024-08-01 | $274,900 (14.6%) | $301,896 (16.6%) | 0.00 | 73 |
2024-09-01 | $270,925 (8.8%) | $294,482 (10.8%) | 0.00 | 75 |
Rochelle's median listing price comes in at 0% of the national average.
Rochelle's average listing price for 2024-09-01 was $294,482, a difference of $28,659 (10.8%) versus the prior year and $-7,414 versus the prior month.
For the 2024-09-01 period, Rochelle had 75 MLS listings, a difference of 2 listings (3%) versus the prior month and 18 listings (32%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Rochelle (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,814 sqft |
2018-02-01 | 0 days | 1,800 sqft |
2018-03-01 | 0 days | 1,827 sqft |
2018-04-01 | 0 days | 1,910 sqft |
2018-05-01 | 0 days | 1,944 sqft |
2018-06-01 | 0 days | 1,938 sqft |
2018-07-01 | 0 days | 1,887 sqft |
2018-08-01 | 0 days | 1,850 sqft |
2018-09-01 | 0 days | 1,845 sqft |
2018-10-01 | 0 days | 1,902 sqft |
2018-11-01 | 0 days | 1,902 sqft |
2018-12-01 | 0 days | 1,915 sqft |
2019-01-01 | 0 days | 1,901 sqft |
2019-02-01 | 0 days | 1,876 sqft |
2019-03-01 | 0 days | 1,827 sqft |
2019-04-01 | 0 days | 1,818 sqft |
2019-05-01 | 0 days | 1,850 sqft |
2019-06-01 | 0 days | 1,900 sqft |
2019-07-01 | 0 days | 1,996 sqft |
2019-08-01 | 0 days | 2,010 sqft |
2019-09-01 | 0 days | 1,965 sqft |
2019-10-01 | 0 days | 1,970 sqft |
2019-11-01 | 0 days | 1,976 sqft |
2019-12-01 | 0 days | 1,925 sqft |
2020-01-01 | 0 days | 1,946 sqft |
2020-02-01 | 0 days | 1,925 sqft |
2020-03-01 | 0 days | 1,926 sqft |
2020-04-01 | 0 days | 2,018 sqft |
2020-05-01 | 0 days | 2,086 sqft |
2020-06-01 | 0 days | 2,078 sqft |
2020-07-01 | 0 days | 2,070 sqft |
2020-08-01 | 0 days | 1,975 sqft |
2020-09-01 | 0 days | 1,979 sqft |
2020-10-01 | 0 days | 1,936 sqft |
2020-11-01 | 0 days | 1,946 sqft |
2020-12-01 | 0 days | 1,760 sqft |
2021-01-01 | 0 days | 1,769 sqft |
2021-02-01 | 0 days | 1,771 sqft |
2021-03-01 | 0 days | 1,772 sqft |
2021-04-01 | 0 days | 1,774 sqft |
2021-05-01 | 0 days | 1,570 sqft |
2021-06-01 | 0 days | 1,693 sqft |
2021-07-01 | 0 days | 1,920 sqft |
2021-08-01 | 0 days | 1,811 sqft |
2021-09-01 | 0 days | 1,866 sqft |
2021-10-01 | 0 days | 1,800 sqft |
2021-11-01 | 0 days | 1,800 sqft |
2021-12-01 | 0 days | 1,751 sqft |
2022-01-01 | 0 days | 1,710 sqft |
2022-02-01 | 0 days | 1,678 sqft |
2022-03-01 | 0 days | 1,908 sqft |
2022-04-01 | 0 days | 1,976 sqft |
2022-05-01 | 0 days | 1,981 sqft |
2022-06-01 | 0 days | 2,000 sqft |
2022-07-01 | 0 days | 2,009 sqft |
2022-08-01 | 0 days | 2,052 sqft |
2022-09-01 | 0 days | 1,906 sqft |
2022-10-01 | 0 days | 2,100 sqft |
2022-11-01 | 0 days | 1,968 sqft |
2022-12-01 | 0 days | 1,848 sqft |
2023-01-01 | 0 days | 1,848 sqft |
2023-02-01 | 0 days | 1,841 sqft |
2023-03-01 | 0 days | 1,848 sqft |
2023-04-01 | 0 days | 1,825 sqft |
2023-05-01 | 0 days | 1,802 sqft |
2023-06-01 | 0 days | 1,731 sqft |
2023-07-01 | 0 days | 1,794 sqft |
2023-08-01 | 0 days | 1,894 sqft |
2023-09-01 | 0 days | 1,952 sqft |
2023-10-01 | 0 days | 1,919 sqft |
2023-11-01 | 0 days | 1,864 sqft |
2023-12-01 | 0 days | 1,831 sqft |
2024-01-01 | 0 days | 1,833 sqft |
2024-02-01 | 0 days | 1,826 sqft |
2024-03-01 | 0 days | 2,018 sqft |
2024-04-01 | 0 days | 1,868 sqft |
2024-05-01 | 0 days | 1,900 sqft |
2024-06-01 | 0 days | 1,950 sqft |
2024-07-01 | 0 days | 1,924 sqft |
2024-08-01 | 0 days | 1,903 sqft |
2024-09-01 | 0 days | 1,923 sqft |
Rochelle's median square footage for active listings during the 2024-09-01 period was 1,923 sqft. One year prior, the average listing was 1,952 sqft.
Rochelle, IL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 523 | $88,925,000 | $170,029 |
Cash Out Refi | 83 | $10,585,000 | $127,530 |
Refi | 62 | $6,800,000 | $109,677 |
Other | 49 | $3,125,000 | $63,776 |
Home Improvement | 32 | $1,790,000 | $55,938 |
Rochelle's most frequently cited loan purpose was Home Purchase, with 523 originations. The 2nd most popular reason was Cash Out Refi, with 83 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 287 | $47,945,000 | $167,056 |
7-8% | 177 | $29,755,000 | $168,107 |
Over 8% | 88 | $7,360,000 | $83,636 |
5-6% | 86 | $13,660,000 | $158,837 |
<2.5% | 18 | $150,000 | $8,333 |
4-5% | 5 | $515,000 | $103,000 |
3-4% | 5 | $565,000 | $113,000 |
During 2023, Rochelle's most frequently originated rate bucket was 6-7%, with 287 originations.
Loan Sizing (Rochelle, IL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 335 | $49,265,000 | $147,060 |
$100,000 or less | 238 | $13,530,000 | $56,849 |
$200k-400k | 166 | $43,250,000 | $260,542 |
$400k-600k | 7 | $3,195,000 | $456,429 |
$600k-1000k | 3 | $1,985,000 | $661,667 |
Rochelle's loan sizing saw the bucket of loans from $100k-200k with 335 originations, totaling $49,265,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 355 | $66,005,000 | $185,930 |
60-80% | 130 | $19,680,000 | $151,385 |
Under 20% | 71 | $2,285,000 | $32,183 |
20-40% | 58 | $4,640,000 | $80,000 |
40-60% | 49 | $5,955,000 | $121,531 |
Over 100% | 4 | $1,390,000 | $347,500 |
Rochelle's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 355 originations, totaling $66,005,000 in origination value.