Rock Springs Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Rock Springs averaged
6.67%
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
6.9% and
one month ago for the week of 2023-02-09, the
average rate was 6.29%.
Rock Springs's average rate one year ago was 4.12%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.62%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Rock Springs 30 Year Fixed Rate | 2023-03-16 | 6.67% |
Rock Springs 30 Year Fixed Rate Refi | 2023-03-16 | 6.62% |
Rock Springs 15 Year Fixed Rate | 2023-03-16 | 6.47% |
Rock Springs 15 Year Fixed Rate Refi | 2023-03-16 | 6.28% |
Rock Springs 30 Year FHA | 2023-03-16 | 6.69% |
Rock Springs 30 Year FHA Refi | 2023-03-16 | 6.22% |
Rock Springs 30 Year USDA | 2023-03-16 | 6.56% |
Rock Springs 30 Year USDA Refi | 2023-03-16 | 6.58% |
Rock Springs 30 Year VA | 2023-03-16 | 6.29% |
Rock Springs 30 Year VA Refi | 2023-03-16 | 6.1% |
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 64 lenders originated 1,604
loans during 2021. The total origination value was $358,180,000, with an average loan value of
$223,304.
Rock Springs's average closing costs are $4,900.
The top Rock Springs lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
85 loans originated. Their average total fees are
$2,204, which is $3,027
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Rock Springs lenders (with over 10 loans originated) are
Wells Fargo Bank ($2,127), UNITED WHOLESALE MORTGAGE, LLC ($2,204), West Gate Bank ($2,278), CALIBER HOME LOANS, INC. ($3,185) and GUILD MORTGAGE COMPANY ($3,445).
The lowest rate Rock Springs lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (2.70%), West Gate Bank (2.77%), HOME POINT FINANCIAL CORPORATION (2.88%), CALIBER HOME LOANS, INC. (2.96%) and UNITED WHOLESALE MORTGAGE, LLC (2.97%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | $38,955,000 | $50,660,000 | 30.0% | 14.1% |
QUICKEN LOANS, LLC | $69,375,000 | $43,610,000 | -37.1% | 12.2% |
HOME POINT FINANCIAL CORPORATION | $30,320,000 | $29,985,000 | -1.1% | 8.4% |
Wells Fargo Bank | $21,485,000 | $25,235,000 | 17.5% | 7.0% |
CALIBER HOME LOANS, INC. | $20,680,000 | $19,750,000 | -4.5% | 5.5% |
West Gate Bank | $18,250,000 | $16,935,000 | -7.2% | 4.7% |
FREEDOM MORTGAGE CORPORATION | $11,605,000 | $16,195,000 | 39.6% | 4.5% |
GUILD MORTGAGE COMPANY | $14,715,000 | $15,930,000 | 8.3% | 4.4% |
Flanagan State Bank | $12,325,000 | $13,735,000 | 11.4% | 3.8% |
U.S. Bank | $18,225,000 | $12,810,000 | -29.7% | 3.6% |
Glacier Bank | $14,240,000 | $9,315,000 | -34.6% | 2.6% |
Utah Power | $2,450,000 | $6,720,000 | 174.3% | 1.9% |
LOANDEPOT.COM, LLC | $5,845,000 | $6,335,000 | 8.4% | 1.8% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $20,580,000 | $5,810,000 | -71.8% | 1.6% |
PENNYMAC LOAN SERVICES, LLC | $2,635,000 | $4,875,000 | 85.0% | 1.4% |
Mortgage Research Center, LLC | $3,395,000 | $4,745,000 | 39.8% | 1.3% |
AMERISAVE MORTGAGE CORPORATION | $2,975,000 | $4,510,000 | 51.6% | 1.3% |
Mr. Cooper ( Nationstar Mortgage ) | $3,020,000 | $3,490,000 | 15.6% | 1.0% |
CRESCENT MORTGAGE COMPANY | $3,850,000 | $3,430,000 | -10.9% | 1.0% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,725,000 | $3,360,000 | 23.3% | 0.9% |
BETTER MORTGAGE CORPORATION | $2,470,000 | $3,135,000 | 26.9% | 0.9% |
Flagstar Bank, FSB | $1,195,000 | $2,905,000 | 143.1% | 0.8% |
LAKEVIEW LOAN SERVICING, LLC | $400,000 | $2,430,000 | 507.5% | 0.7% |
MOUNTAIN AMERICA | $1,705,000 | $2,305,000 | 35.2% | 0.6% |
Bank of the West | $1,240,000 | $2,000,000 | 61.3% | 0.6% |
CHERRY CREEK MORTGAGE, LLC | $1,195,000 | $1,970,000 | 64.9% | 0.6% |
JPMorgan Chase Bank | $1,730,000 | $1,915,000 | 10.7% | 0.5% |
Carrington Mortgage Services, LLC | $1,515,000 | $1,565,000 | 3.3% | 0.4% |
USAA Federal Savings Bank | $1,900,000 | $1,540,000 | -18.9% | 0.4% |
NEWREZ LLC | $420,000 | $1,515,000 | 260.7% | 0.4% |
VILLAGE CAPITAL & INVESTMENT LLC | $2,355,000 | $1,505,000 | -36.1% | 0.4% |
Wyndham Capital Mortgage, Inc. | $810,000 | $1,425,000 | 75.9% | 0.4% |
NEW DAY FINANCIAL, LLC | $1,470,000 | $1,230,000 | -16.3% | 0.3% |
PLAZA HOME MORTGAGE, INC. | $890,000 | $1,170,000 | 31.5% | 0.3% |
Meridian Trust Federal Credit Union | $1,820,000 | $1,155,000 | -36.5% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $520,000 | $1,085,000 | 108.7% | 0.3% |
FirstBank | $1,075,000 | n/a | 0.3% | |
Barrington Bank & Trust Company, N.A. | $1,305,000 | $1,050,000 | -19.5% | 0.3% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $530,000 | $1,025,000 | 93.4% | 0.3% |
Plains Commerce Bank | $520,000 | $970,000 | 86.5% | 0.3% |
Wallick & Volk, Inc. | $140,000 | $900,000 | 542.9% | 0.3% |
Cache Valley Bank | $895,000 | n/a | 0.2% | |
PENTAGON FEDERAL CREDIT UNION | $890,000 | n/a | 0.2% | |
AMERICAN FINANCING CORPORATION | $280,000 | $875,000 | 212.5% | 0.2% |
BROKER SOLUTIONS, INC. | $1,540,000 | $855,000 | -44.5% | 0.2% |
Low VA Rates, LLC | $695,000 | $855,000 | 23.0% | 0.2% |
The Federal Savings Bank | $1,890,000 | $830,000 | -56.1% | 0.2% |
GUARANTEED RATE, INC. | $640,000 | $815,000 | 27.3% | 0.2% |
SUN WEST MORTGAGE COMPANY, INC. | $810,000 | n/a | 0.2% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $275,000 | $765,000 | 178.2% | 0.2% |
RELIANCE FIRST CAPITAL, LLC | $745,000 | n/a | 0.2% | |
Farm Credit Mid-America, ACA | $495,000 | $690,000 | 39.4% | 0.2% |
ARC HOME LLC | $645,000 | n/a | 0.2% | |
INTERCAP LENDING INC. | $670,000 | $645,000 | -3.7% | 0.2% |
PNC Bank | $460,000 | $630,000 | 37.0% | 0.2% |
First Guaranty Mortgage Corporation | $1,625,000 | $615,000 | -62.2% | 0.2% |
TCF National Bank | $605,000 | n/a | 0.2% | |
Century Mortgage Company DBA Century Lending Company | $600,000 | n/a | 0.2% | |
Paramount Bank | $580,000 | n/a | 0.2% | |
SECURITYNATIONAL MORTGAGE COMPANY | $225,000 | $580,000 | 157.8% | 0.2% |
Truist Bank | $1,540,000 | $530,000 | -65.6% | 0.1% |
BAY EQUITY LLC | $245,000 | $510,000 | 108.2% | 0.1% |
Jonah Bank of Wyoming | $1,150,000 | $510,000 | -55.7% | 0.1% |
AMCAP MORTGAGE, LTD. | $420,000 | $500,000 | 19.0% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $620,000 | $490,000 | -21.0% | 0.1% |
HOMESTAR FINANCIAL CORPORATION | $470,000 | n/a | 0.1% | |
STEARNS LENDING, LLC | $470,000 | n/a | 0.1% | |
MOVEMENT MORTGAGE, LLC | $450,000 | n/a | 0.1% | |
NBH Bank | $400,000 | $450,000 | 12.5% | 0.1% |
Alaska USA Federal Credit Union | $445,000 | n/a | 0.1% | |
NBKC BANK | $255,000 | $410,000 | 60.8% | 0.1% |
Colonial Savings, F.A. | $295,000 | $400,000 | 35.6% | 0.1% |
First Bank | $395,000 | n/a | 0.1% | |
Gateway First Bank | $155,000 | $360,000 | 132.3% | 0.1% |
PLANET HOME LENDING, LLC | $325,000 | n/a | 0.1% | |
S1L, Inc. | $325,000 | n/a | 0.1% | |
NEST HOME LENDING, LLC | $315,000 | n/a | 0.1% | |
Mid-Continent Funding, Inc. | $285,000 | n/a | 0.1% | |
Willamette Valley Bank | $285,000 | n/a | 0.1% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $865,000 | $280,000 | -67.6% | 0.1% |
Wyoming Bank & Trust | $530,000 | $265,000 | -50.0% | 0.1% |
Equity Prime Mortgage LLC | $245,000 | n/a | 0.1% | |
Magnolia Bank | $410,000 | $235,000 | -42.7% | 0.1% |
Bank of England | $225,000 | n/a | 0.1% | |
First Home Bank | $225,000 | n/a | 0.1% | |
AMERICAN FINANCIAL RESOURCES, INC. | $970,000 | $215,000 | -77.8% | 0.1% |
FBC MORTGAGE, LLC | $205,000 | $205,000 | 0.0% | 0.1% |
North American Savings Bank, F.S.B. | $1,590,000 | $205,000 | -87.1% | 0.1% |
AMERICA FIRST | $195,000 | n/a | 0.1% | |
AXIA FINANCIAL, LLC | $195,000 | n/a | 0.1% | |
Florida Capital Bank | $185,000 | n/a | 0.1% | |
Manufacturers and Traders Trust Company | $440,000 | $185,000 | -58.0% | 0.1% |
Bank of America | $1,065,000 | $175,000 | -83.6% | 0.0% |
CORNERSTONE HOME LENDING, INC. | $175,000 | n/a | 0.0% | |
Hilltop National Bank | $175,000 | n/a | 0.0% | |
ZILLOW HOME LOANS, LLC | $175,000 | n/a | 0.0% | |
21ST MORTGAGE CORPORATION | $295,000 | $160,000 | -45.8% | 0.0% |
ACADEMY MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,855,000 | $155,000 | -91.6% | 0.0% |
Citibank | $145,000 | n/a | 0.0% | |
FIRST COLONY MORTGAGE CORPORATION | $125,000 | $135,000 | 8.0% | 0.0% |
WYHY | $110,000 | $120,000 | 9.1% | 0.0% |
Figure Lending LLC | $190,000 | $110,000 | -42.1% | 0.0% |
Wasatch Peaks Federal Credit Union | $105,000 | n/a | 0.0% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $55,000 | $95,000 | 72.7% | 0.0% |
Discover Bank | $200,000 | $85,000 | -57.5% | 0.0% |
AMERICAN ADVISORS GROUP | $210,000 | $65,000 | -69.0% | 0.0% |
First National Bank of America | $215,000 | $55,000 | -74.4% | 0.0% |
TRIAD FINANCIAL SERVICES, INC. | $45,000 | n/a | 0.0% | |
BANKWEST, INC. | $50,000 | $35,000 | -30.0% | 0.0% |
Rock Springs's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 14.1% market share. In second place, with 12.2%, is QUICKEN LOANS, LLC, having originated $43,610,000 in loans. In third place, with 8.4%, is HOME POINT FINANCIAL CORPORATION, having originated $29,985,000 in loans. In fourth place, with 7.0%, is Wells Fargo Bank, having originated $25,235,000 in loans. In fifth place, with 5.5%, is CALIBER HOME LOANS, INC., having originated $19,750,000 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%) | $279,727 (9.3%) | 0.00 | 229 |
2018-06-01 | $239,000 (-2.1%) | $275,272 (4.6%) | 0.00 | 259 |
2018-07-01 | $239,000 (-2.1%) | $271,081 (4.5%) | 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 | $219,950 (-4.3%) | $258,736 (-3.3%) | 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%) | $260,809 (-6.8%) | 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 (5.2%) | 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 |
Rock Springs's median listing price comes in at 0% of the national average.
Rock Springs's average listing price for 2023-02-01 was $355,007, a difference of $91,515 (34.7%) versus the prior year and $19,864 versus the prior month.
For the 2023-02-01 period, Rock Springs had 62 MLS listings, a difference of -2 listings (-3%) versus the prior month and 5 listings (9%) 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 |
Rock Springs's median square footage for active listings during the 2023-02-01 period was 2,120 sqft. One year prior, the average listing was 2,112 sqft.
Rock Springs, WY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Refi | 730 | $160,190,000 | $219,438 |
Home Purchase | 636 | $151,660,000 | $238,459 |
Cash Out Refi | 204 | $43,330,000 | $212,402 |
Other | 23 | $2,195,000 | $95,435 |
Home Improvement | 11 | $805,000 | $73,182 |
Rock Springs's most frequently cited loan purpose was Refi, with 730 originations. The 2nd most popular reason was Home Purchase, with 636 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 789 | $185,185,000 | $234,708 |
<2.5% | 386 | $85,820,000 | $222,332 |
3-4% | 376 | $80,070,000 | $212,952 |
4-5% | 33 | $5,765,000 | $174,697 |
Over 8% | 9 | $345,000 | $38,333 |
5-6% | 6 | $480,000 | $80,000 |
6-7% | 4 | $340,000 | $85,000 |
During 2021, Rock Springs's most frequently originated rate bucket was 2.5-3%, with 789 originations.
Loan Sizing (Rock Springs, WY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 850 | $226,580,000 | $266,565 |
$100k-200k | 580 | $91,670,000 | $158,052 |
$100,000 or less | 104 | $6,550,000 | $62,981 |
$400k-600k | 65 | $29,705,000 | $457,000 |
$600k-1000k | 5 | $3,675,000 | $735,000 |
Rock Springs's loan sizing saw the bucket of loans from $200k-400k with 850 originations, totaling $226,580,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 785 | $192,205,000 | $244,847 |
60-80% | 496 | $109,320,000 | $220,403 |
40-60% | 129 | $21,485,000 | $166,550 |
20-40% | 34 | $3,720,000 | $109,412 |
Over 100% | 30 | $8,030,000 | $267,667 |
Under 20% | 26 | $900,000 | $34,615 |
Rock Springs's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 785 originations, totaling $192,205,000 in origination value.