Rock Springs Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Rock Springs averaged
5.98%
for the week of 2024-10-03, compared to the national average of
6.12% for the same period.
The average rate for the prior week (2024-09-26) was
5.84% and
one month ago for the week of 2024-08-29, the
average rate was 6.11%.
Rock Springs's average rate one year ago was 7.07%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.72%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Rock Springs 30 Year Fixed Rate | 2024-10-03 | 5.98% |
Rock Springs 30 Year Fixed Rate Refi | 2024-10-03 | 6.72% |
Rock Springs 15 Year Fixed Rate | 2024-10-03 | 5.15% |
Rock Springs 15 Year Fixed Rate Refi | 2024-10-03 | 5.65% |
Rock Springs 30 Year FHA | 2024-10-03 | 5.84% |
Rock Springs 30 Year FHA Refi | 2024-10-03 | 5.69% |
Rock Springs 30 Year USDA | 2024-10-03 | 5.77% |
Rock Springs 30 Year USDA Refi | 2024-10-03 | 5.87% |
Rock Springs 30 Year VA | 2024-10-03 | 5.8% |
Rock Springs 30 Year VA Refi | 2024-10-03 | 5.5% |
Rock Springs 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 Rock Springs, WY 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.).
Rock Springs Average Closing Costs & Other Stats
Rock Springs, WY's 45 lenders originated 514
loans during 2023. The total origination value was $111,740,000, with an average loan value of
$217,393.
Rock Springs's average closing costs are $5,343.
The top Rock Springs lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
36 loans originated. Their average total fees are
$5,087, which is $890
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Rock Springs lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC ($5,087), QUICKEN LOANS, LLC ($5,977), .
The lowest rate Rock Springs lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (6.56%), QUICKEN LOANS, LLC (6.82%), .
Rock Springs, WY 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 |
---|---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | $26,000,000 | $36,245,000 | 39.4% | 32.4% |
QUICKEN LOANS, LLC | $16,650,000 | $10,675,000 | -35.9% | 9.6% |
Paramount Residential Mortgage Group, Inc. | $6,825,000 | n/a | 6.1% | |
Flanagan State Bank | $6,470,000 | $6,005,000 | -7.2% | 5.4% |
U.S. Bank | $7,190,000 | $4,905,000 | -31.8% | 4.4% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $3,425,000 | $4,165,000 | 21.6% | 3.7% |
Glacier Bank | $6,630,000 | $2,905,000 | -56.2% | 2.6% |
GUILD MORTGAGE COMPANY | $4,405,000 | $2,690,000 | -38.9% | 2.4% |
Wells Fargo Bank | $10,755,000 | $2,450,000 | -77.2% | 2.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $875,000 | $1,915,000 | 118.9% | 1.7% |
West Gate Bank | $4,825,000 | $1,715,000 | -64.5% | 1.5% |
Utah Power | $2,555,000 | $1,680,000 | -34.2% | 1.5% |
UNION HOME MORTGAGE CORP. | $1,415,000 | n/a | 1.3% | |
CRESCENT MORTGAGE COMPANY | $2,925,000 | $1,255,000 | -57.1% | 1.1% |
Mortgage Research Center, LLC | $3,640,000 | $1,140,000 | -68.7% | 1.0% |
PENNYMAC LOAN SERVICES, LLC | $1,065,000 | $1,045,000 | -1.9% | 0.9% |
BROKER SOLUTIONS, INC. | $845,000 | $925,000 | 9.5% | 0.8% |
Barrington Bank & Trust Company, N.A. | $430,000 | $835,000 | 94.2% | 0.7% |
NEWREZ LLC | $855,000 | $780,000 | -8.8% | 0.7% |
Morgan Stanley Private Bank | $775,000 | n/a | 0.7% | |
Meridian Trust Federal Credit Union | $2,465,000 | $735,000 | -70.2% | 0.7% |
PNC Bank | $285,000 | $730,000 | 156.1% | 0.7% |
MOUNTAIN AMERICA | $2,445,000 | $710,000 | -71.0% | 0.6% |
The Federal Savings Bank | $235,000 | $700,000 | 197.9% | 0.6% |
INTERCAP LENDING INC. | $500,000 | $670,000 | 34.0% | 0.6% |
BAY EQUITY LLC | $725,000 | $640,000 | -11.7% | 0.6% |
BMO Harris Bank | $620,000 | n/a | 0.6% | |
Mr. Cooper ( Nationstar Mortgage ) | $910,000 | $600,000 | -34.1% | 0.5% |
Servion, Inc. | $325,000 | $590,000 | 81.5% | 0.5% |
NAVY FEDERAL CREDIT UNION | $775,000 | $510,000 | -34.2% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $2,175,000 | $500,000 | -77.0% | 0.4% |
PREMIA MORTGAGE, LLC | $500,000 | n/a | 0.4% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $170,000 | $490,000 | 188.2% | 0.4% |
21ST MORTGAGE CORPORATION | $1,455,000 | $440,000 | -69.8% | 0.4% |
NEXERA HOLDING LLC | $435,000 | n/a | 0.4% | |
ACADEMY MORTGAGE CORPORATION | $280,000 | $430,000 | 53.6% | 0.4% |
RBC Bank, (Georgia) | $425,000 | n/a | 0.4% | |
First Western Trust Bank | $505,000 | $410,000 | -18.8% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $1,355,000 | $400,000 | -70.5% | 0.4% |
MUTUAL OF OMAHA MORTGAGE, INC. | $400,000 | n/a | 0.4% | |
AMERICAN FINANCIAL RESOURCES, INC. | $390,000 | n/a | 0.3% | |
CROSSCOUNTRY MORTGAGE, LLC | $1,815,000 | $385,000 | -78.8% | 0.3% |
JPMorgan Chase Bank | $1,025,000 | $385,000 | -62.4% | 0.3% |
First National Bank of America | $370,000 | n/a | 0.3% | |
SECURITYNATIONAL MORTGAGE COMPANY | $365,000 | n/a | 0.3% | |
Access Bank | $345,000 | n/a | 0.3% | |
The Loan Store, Inc. | $345,000 | n/a | 0.3% | |
LOANDEPOT.COM, LLC | $4,500,000 | $340,000 | -92.4% | 0.3% |
WYHY | $825,000 | $340,000 | -58.8% | 0.3% |
CORNERSTONE HOME LENDING, INC. | $335,000 | n/a | 0.3% | |
UTILITIES EMPLOYEES CREDIT UNION | $335,000 | n/a | 0.3% | |
Northpointe Bank | $325,000 | n/a | 0.3% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $465,000 | $325,000 | -30.1% | 0.3% |
LIMA ONE CAPITAL, LLC | $320,000 | n/a | 0.3% | |
ADVANTAGE PLUS | $315,000 | n/a | 0.3% | |
Eagle Bank and Trust Company | $275,000 | n/a | 0.2% | |
CHURCHILL MORTGAGE CORPORATION | $315,000 | $270,000 | -14.3% | 0.2% |
First Federal Bank | $265,000 | n/a | 0.2% | |
F&M Bank | $255,000 | n/a | 0.2% | |
Farm Credit Mid-America, ACA | $245,000 | n/a | 0.2% | |
TOWNE MORTGAGE COMPANY | $245,000 | n/a | 0.2% | |
Discover Bank | $125,000 | $225,000 | 80.0% | 0.2% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $9,875,000 | $225,000 | -97.7% | 0.2% |
Wallick & Volk, Inc. | $205,000 | $220,000 | 7.3% | 0.2% |
SUN WEST MORTGAGE COMPANY, INC. | $205,000 | n/a | 0.2% | |
Platte Valley Bank | $200,000 | n/a | 0.2% | |
Gateway First Bank | $580,000 | $195,000 | -66.4% | 0.2% |
Figure Lending LLC | $205,000 | $190,000 | -7.3% | 0.2% |
Flagstar Bank, FSB | $2,730,000 | $180,000 | -93.4% | 0.2% |
RELIANCE FIRST CAPITAL, LLC | $175,000 | n/a | 0.2% | |
USAA Federal Savings Bank | $625,000 | $165,000 | -73.6% | 0.1% |
ZILLOW HOME LOANS, LLC | $165,000 | $165,000 | 0.0% | 0.1% |
BANKWEST, INC. | $75,000 | $145,000 | 93.3% | 0.1% |
LIBERTY HOME MORTGAGE CORPORATION | $145,000 | n/a | 0.1% | |
Coastal Community Bank | $140,000 | n/a | 0.1% | |
CHERRY CREEK MORTGAGE, LLC | $1,740,000 | $125,000 | -92.8% | 0.1% |
LONGBRIDGE FINANCIAL, LLC | $115,000 | n/a | 0.1% | |
GOLDENWEST | $105,000 | n/a | 0.1% | |
MY MOVE MORTGAGE, LLC | $105,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $55,000 | $105,000 | 90.9% | 0.1% |
PREMIER MORTGAGE RESOURCES, L.L.C. | $95,000 | n/a | 0.1% | |
GTE Federal Credit Union | $85,000 | n/a | 0.1% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% | |
Stifel Bank and Trust | $35,000 | n/a | 0.0% | |
Bank of America | $25,000 | n/a | 0.0% | |
Bank of the West | $860,000 | $25,000 | -97.1% | 0.0% |
Rock Springs's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 32.4% market share. In second place, with 9.6%, is QUICKEN LOANS, LLC, having originated $10,675,000 in loans. In third place, with 6.1%, is Paramount Residential Mortgage Group, Inc., having originated $6,825,000 in loans. In fourth place, with 5.4%, is Flanagan State Bank, having originated $6,005,000 in loans. In fifth place, with 4.4%, is U.S. Bank, having originated $4,905,000 in loans.
Rock Springs Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Rock Springs (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 | $229,900 (12.2%) | $266,166 (13.2%) | 0.00 | 231 |
2018-02-01 | $229,900 (13.6%) | $267,415 (13.7%) | 0.00 | 223 |
2018-03-01 | $242,000 (9.5%) | $270,704 (10.8%) | 0.00 | 217 |
2018-04-01 | $246,000 (5.8%) | $278,099 (7.9%) | 0.00 | 237 |
2018-05-01 | $243,450 (3.4%) | $280,137 (9.4%) | 0.00 | 229 |
2018-06-01 | $239,000 (-2.1%) | $275,272 (4.6%) | 0.00 | 259 |
2018-07-01 | $239,000 (-1.8%) | $271,081 (4.6%) | 0.00 | 261 |
2018-08-01 | $235,000 (-1.9%) | $273,826 (7.3%) | 0.00 | 260 |
2018-09-01 | $235,000 (-1.5%) | $267,813 (4.9%) | 0.00 | 261 |
2018-10-01 | $234,950 (3.6%) | $264,177 (6.7%) | 0.00 | 261 |
2018-11-01 | $231,450 (3.4%) | $265,723 (5.5%) | 0.00 | 243 |
2018-12-01 | $224,900 (-2.0%) | $263,012 (1.2%) | 0.00 | 228 |
2019-01-01 | $219,900 (-4.4%) | $259,019 (-2.7%) | 0.00 | 208 |
2019-02-01 | $219,925 (-4.3%) | $258,331 (-3.4%) | 0.00 | 221 |
2019-03-01 | $220,143 (-9.0%) | $258,320 (-4.6%) | 0.00 | 209 |
2019-04-01 | $224,900 (-8.6%) | $258,401 (-7.1%) | 0.00 | 196 |
2019-05-01 | $227,000 (-6.8%) | $260,777 (-6.9%) | 0.00 | 191 |
2019-06-01 | $229,900 (-3.8%) | $262,644 (-4.6%) | 0.00 | 191 |
2019-07-01 | $237,625 (-0.6%) | $270,528 (-0.2%) | 0.00 | 186 |
2019-08-01 | $239,818 (2.1%) | $271,896 (-0.7%) | 0.00 | 182 |
2019-09-01 | $244,420 (4.0%) | $272,228 (1.7%) | 0.00 | 185 |
2019-10-01 | $248,000 (5.6%) | $272,648 (3.2%) | 0.00 | 191 |
2019-11-01 | $248,000 (7.2%) | $276,698 (4.1%) | 0.00 | 170 |
2019-12-01 | $239,850 (6.7%) | $279,898 (6.4%) | 0.00 | 166 |
2020-01-01 | $235,225 (7.0%) | $273,860 (5.7%) | 0.00 | 169 |
2020-02-01 | $232,950 (5.9%) | $272,153 (5.4%) | 0.00 | 164 |
2020-03-01 | $228,450 (3.8%) | $264,371 (2.3%) | 0.00 | 175 |
2020-04-01 | $228,000 (1.4%) | $273,004 (5.7%) | 0.00 | 171 |
2020-05-01 | $228,000 (0.4%) | $269,334 (3.3%) | 0.00 | 173 |
2020-06-01 | $232,450 (1.1%) | $274,001 (4.3%) | 0.00 | 168 |
2020-07-01 | $234,075 (-1.5%) | $273,309 (1.0%) | 0.00 | 174 |
2020-08-01 | $232,400 (-3.1%) | $274,601 (1.0%) | 0.00 | 178 |
2020-09-01 | $234,950 (-3.9%) | $268,217 (-1.5%) | 0.00 | 179 |
2020-10-01 | $233,225 (-6.0%) | $269,936 (-1.0%) | 0.00 | 174 |
2020-11-01 | $228,500 (-7.9%) | $266,933 (-3.5%) | 0.00 | 159 |
2020-12-01 | $224,975 (-6.2%) | $262,871 (-6.1%) | 0.00 | 152 |
2021-01-01 | $224,900 (-4.4%) | $259,206 (-5.4%) | 0.00 | 139 |
2021-02-01 | $232,450 (-0.2%) | $261,880 (-3.8%) | 0.00 | 125 |
2021-03-01 | $225,250 (-1.4%) | $258,488 (-2.2%) | 0.00 | 117 |
2021-04-01 | $223,500 (-2.0%) | $260,929 (-4.4%) | 0.00 | 105 |
2021-05-01 | $219,000 (-4.0%) | $273,993 (1.7%) | 0.00 | 89 |
2021-06-01 | $219,750 (-5.5%) | $269,502 (-1.6%) | 0.00 | 98 |
2021-07-01 | $222,000 (-5.2%) | $261,195 (-4.4%) | 0.00 | 91 |
2021-08-01 | $220,000 (-5.3%) | $264,879 (-3.5%) | 0.00 | 92 |
2021-09-01 | $224,900 (-4.3%) | $264,222 (-1.5%) | 0.00 | 90 |
2021-10-01 | $227,500 (-2.5%) | $260,237 (-3.6%) | 0.00 | 84 |
2021-11-01 | $222,450 (-2.7%) | $239,272 (-10.4%) | 0.00 | 83 |
2021-12-01 | $226,550 (0.7%) | $242,889 (-7.6%) | 0.00 | 69 |
2022-01-01 | $225,000 (0.0%) | $261,114 (0.7%) | 0.00 | 64 |
2022-02-01 | $222,200 (-4.4%) | $263,492 (0.6%) | 0.00 | 57 |
2022-03-01 | $230,000 (2.1%) | $274,711 (6.3%) | 0.00 | 62 |
2022-04-01 | $238,000 (6.5%) | $294,111 (12.7%) | 0.00 | 58 |
2022-05-01 | $251,000 (14.6%) | $316,710 (15.6%) | 0.00 | 74 |
2022-06-01 | $229,000 (4.2%) | $309,163 (14.7%) | 0.00 | 69 |
2022-07-01 | $229,900 (3.6%) | $333,715 (27.8%) | 0.00 | 75 |
2022-08-01 | $236,000 (7.3%) | $347,857 (31.3%) | 0.00 | 83 |
2022-09-01 | $241,500 (7.4%) | $342,061 (29.5%) | 0.00 | 76 |
2022-10-01 | $249,450 (9.7%) | $355,921 (36.8%) | 0.00 | 68 |
2022-11-01 | $242,950 (9.2%) | $349,909 (46.2%) | 0.00 | 70 |
2022-12-01 | $255,000 (12.6%) | $359,782 (48.1%) | 0.00 | 66 |
2023-01-01 | $255,000 (13.3%) | $335,143 (28.4%) | 0.00 | 64 |
2023-02-01 | $282,925 (27.3%) | $355,007 (34.7%) | 0.00 | 62 |
2023-03-01 | $302,925 (31.7%) | $367,813 (33.9%) | 0.00 | 53 |
2023-04-01 | $291,000 (22.3%) | $366,055 (24.5%) | 0.00 | 56 |
2023-05-01 | $287,450 (14.5%) | $344,901 (8.9%) | 0.00 | 60 |
2023-06-01 | $314,975 (37.5%) | $341,514 (10.5%) | 0.00 | 69 |
2023-07-01 | $310,000 (34.8%) | $340,790 (2.1%) | 0.00 | 87 |
2023-08-01 | $309,975 (31.4%) | $338,541 (-2.7%) | 0.00 | 91 |
2023-09-01 | $315,000 (30.4%) | $334,766 (-2.1%) | 0.00 | 103 |
2023-10-01 | $311,875 (25.0%) | $328,178 (-7.8%) | 0.00 | 90 |
2023-11-01 | $296,000 (21.8%) | $321,567 (-8.1%) | 0.00 | 91 |
2023-12-01 | $289,000 (13.3%) | $326,008 (-9.4%) | 0.00 | 90 |
2024-01-01 | $289,250 (13.4%) | $331,403 (-1.1%) | 0.00 | 73 |
2024-02-01 | $283,750 (0.3%) | $330,125 (-7.0%) | 0.00 | 71 |
2024-03-01 | $280,000 (-7.6%) | $335,838 (-8.7%) | 0.00 | 69 |
2024-04-01 | $297,500 (2.2%) | $353,181 (-3.5%) | 0.00 | 72 |
2024-05-01 | $328,750 (14.4%) | $379,236 (10.0%) | 0.00 | 80 |
2024-06-01 | $323,500 (2.7%) | $386,479 (13.2%) | 0.00 | 84 |
2024-07-01 | $329,500 (6.3%) | $391,846 (15.0%) | 0.00 | 78 |
2024-08-01 | $330,000 (6.5%) | $388,309 (14.7%) | 0.00 | 85 |
2024-09-01 | $310,000 (-1.6%) | $363,241 (8.5%) | 0.00 | 87 |
Rock Springs's median listing price comes in at 0% of the national average.
Rock Springs's average listing price for 2024-09-01 was $363,241, a difference of $28,475 (8.5%) versus the prior year and $-25,068 versus the prior month.
For the 2024-09-01 period, Rock Springs had 87 MLS listings, a difference of 2 listings (2%) versus the prior month and -16 listings (-16%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Rock Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,141 sqft |
2018-02-01 | 0 days | 2,122 sqft |
2018-03-01 | 0 days | 2,166 sqft |
2018-04-01 | 0 days | 2,244 sqft |
2018-05-01 | 0 days | 2,291 sqft |
2018-06-01 | 0 days | 2,176 sqft |
2018-07-01 | 0 days | 2,224 sqft |
2018-08-01 | 0 days | 2,247 sqft |
2018-09-01 | 0 days | 2,222 sqft |
2018-10-01 | 0 days | 2,227 sqft |
2018-11-01 | 0 days | 2,193 sqft |
2018-12-01 | 0 days | 2,176 sqft |
2019-01-01 | 0 days | 2,064 sqft |
2019-02-01 | 0 days | 2,064 sqft |
2019-03-01 | 0 days | 2,064 sqft |
2019-04-01 | 0 days | 2,049 sqft |
2019-05-01 | 0 days | 2,050 sqft |
2019-06-01 | 0 days | 2,049 sqft |
2019-07-01 | 0 days | 2,088 sqft |
2019-08-01 | 0 days | 2,113 sqft |
2019-09-01 | 0 days | 2,158 sqft |
2019-10-01 | 0 days | 2,187 sqft |
2019-11-01 | 0 days | 2,263 sqft |
2019-12-01 | 0 days | 2,136 sqft |
2020-01-01 | 0 days | 2,097 sqft |
2020-02-01 | 0 days | 2,060 sqft |
2020-03-01 | 0 days | 2,056 sqft |
2020-04-01 | 0 days | 2,024 sqft |
2020-05-01 | 0 days | 2,016 sqft |
2020-06-01 | 0 days | 2,035 sqft |
2020-07-01 | 0 days | 2,096 sqft |
2020-08-01 | 0 days | 2,112 sqft |
2020-09-01 | 0 days | 2,112 sqft |
2020-10-01 | 0 days | 2,104 sqft |
2020-11-01 | 0 days | 2,082 sqft |
2020-12-01 | 0 days | 2,013 sqft |
2021-01-01 | 0 days | 1,932 sqft |
2021-02-01 | 0 days | 1,949 sqft |
2021-03-01 | 0 days | 1,971 sqft |
2021-04-01 | 0 days | 1,973 sqft |
2021-05-01 | 0 days | 1,984 sqft |
2021-06-01 | 0 days | 2,016 sqft |
2021-07-01 | 0 days | 1,996 sqft |
2021-08-01 | 0 days | 1,980 sqft |
2021-09-01 | 0 days | 1,953 sqft |
2021-10-01 | 0 days | 2,016 sqft |
2021-11-01 | 0 days | 1,963 sqft |
2021-12-01 | 0 days | 1,967 sqft |
2022-01-01 | 0 days | 1,978 sqft |
2022-02-01 | 0 days | 2,112 sqft |
2022-03-01 | 0 days | 2,142 sqft |
2022-04-01 | 0 days | 2,082 sqft |
2022-05-01 | 0 days | 2,091 sqft |
2022-06-01 | 0 days | 1,980 sqft |
2022-07-01 | 0 days | 2,016 sqft |
2022-08-01 | 0 days | 2,109 sqft |
2022-09-01 | 0 days | 2,104 sqft |
2022-10-01 | 0 days | 1,992 sqft |
2022-11-01 | 0 days | 1,981 sqft |
2022-12-01 | 0 days | 1,976 sqft |
2023-01-01 | 0 days | 1,966 sqft |
2023-02-01 | 0 days | 2,120 sqft |
2023-03-01 | 0 days | 2,187 sqft |
2023-04-01 | 0 days | 2,224 sqft |
2023-05-01 | 0 days | 2,368 sqft |
2023-06-01 | 0 days | 2,456 sqft |
2023-07-01 | 0 days | 2,314 sqft |
2023-08-01 | 0 days | 2,285 sqft |
2023-09-01 | 0 days | 2,280 sqft |
2023-10-01 | 0 days | 2,122 sqft |
2023-11-01 | 0 days | 2,065 sqft |
2023-12-01 | 0 days | 2,100 sqft |
2024-01-01 | 0 days | 2,122 sqft |
2024-02-01 | 0 days | 2,125 sqft |
2024-03-01 | 0 days | 2,115 sqft |
2024-04-01 | 0 days | 2,102 sqft |
2024-05-01 | 0 days | 2,225 sqft |
2024-06-01 | 0 days | 2,192 sqft |
2024-07-01 | 0 days | 2,264 sqft |
2024-08-01 | 0 days | 2,378 sqft |
2024-09-01 | 0 days | 2,241 sqft |
Rock Springs's median square footage for active listings during the 2024-09-01 period was 2,241 sqft. One year prior, the average listing was 2,280 sqft.
Rock Springs, WY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 367 | $92,525,000 | $252,112 |
Cash Out Refi | 58 | $10,760,000 | $185,517 |
Other | 57 | $4,875,000 | $85,526 |
Refi | 17 | $2,655,000 | $156,176 |
Home Improvement | 15 | $925,000 | $61,667 |
Rock Springs's most frequently cited loan purpose was Home Purchase, with 367 originations. The 2nd most popular reason was Cash Out Refi, with 58 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 199 | $50,475,000 | $253,643 |
5-6% | 119 | $30,285,000 | $254,496 |
7-8% | 98 | $21,530,000 | $219,694 |
Over 8% | 84 | $7,600,000 | $90,476 |
4-5% | 6 | $1,320,000 | $220,000 |
<2.5% | 3 | $105,000 | $35,000 |
3-4% | 1 | $195,000 | $195,000 |
During 2023, Rock Springs's most frequently originated rate bucket was 6-7%, with 199 originations.
Loan Sizing (Rock Springs, WY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 248 | $69,300,000 | $279,435 |
$100k-200k | 120 | $18,370,000 | $153,083 |
$100,000 or less | 106 | $5,250,000 | $49,528 |
$400k-600k | 37 | $16,745,000 | $452,568 |
$600k-1000k | 3 | $2,075,000 | $691,667 |
Rock Springs's loan sizing saw the bucket of loans from $200k-400k with 248 originations, totaling $69,300,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 301 | $81,105,000 | $269,452 |
60-80% | 69 | $15,965,000 | $231,377 |
Under 20% | 64 | $2,530,000 | $39,531 |
20-40% | 35 | $3,485,000 | $99,571 |
40-60% | 30 | $4,980,000 | $166,000 |
Over 100% | 11 | $3,005,000 | $273,182 |
Rock Springs's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 301 originations, totaling $81,105,000 in origination value.