ROCKFORD Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Rockford averaged 6.29% for the week of 2023-01-26, compared to the national average of 6.13% for the same period.

The average rate for the prior week (2023-01-19) was 6.21% and one month ago for the week of 2022-12-22, the average rate was 6.63%.

Rockford's average rate one year ago was 3.82%.

For refis of the same type during the week of 2023-01-26, the average rate was 6.47%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-01-26 6.13%
Rockford 30 Year Fixed Rate 2023-01-26 6.29%
Rockford 30 Year Fixed Rate Refi 2023-01-26 6.47%
Rockford 15 Year Fixed Rate 2023-01-26 5.39%
Rockford 15 Year Fixed Rate Refi 2023-01-26 5.23%
Rockford 30 Year FHA 2023-01-26 6.06%
Rockford 30 Year FHA Refi 2023-01-26 6.37%
Rockford 30 Year USDA 2023-01-26 5.99%
Rockford 30 Year USDA Refi 2023-01-26 6.51%
Rockford 30 Year VA 2023-01-26 6.02%
Rockford 30 Year VA Refi 2023-01-26 6.01%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ROCKFORD, IL.

ROCKFORD 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 ROCKFORD, 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Blackhawk Bank 701 3.41% $3,039
Midwest Community Bank 463 3.12% $2,908
ENVOY MORTGAGE, LTD 385 3.43% $3,799
QUICKEN LOANS, LLC 252 3.18% $4,454
NORTHWEST BANK OF ROCKFORD 242 3.27% $2,262
FIRST NORTHERN Credit Union 206 3.22% $2,539
Stillman BancCorp N.A. 164 3.20% $1,920
JPMorgan Chase Bank 137 3.28% $1,973
Midland States Bank 124 3.26% $3,090
The First National Bank and Trust Company 117 3.28% $2,224
U.S. Bank 105 3.15% $2,511
Associated Bank 102 3.17% $2,374
Barrington Bank & Trust Company, N.A. 98 3.19% $3,225
Byron Bank 94 3.17% $1,888
Mr. Cooper ( Nationstar Mortgage ) 69 3.34% $4,229
PNC Bank 54 3.15% $2,876
Wells Fargo Bank 54 3.13% $2,441
LOANDEPOT.COM, LLC 52 3.18% $3,789
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 50 3.23% $3,692
ACADEMY MORTGAGE CORPORATION 49 3.27% $3,945
Rock Valley Credit Union 48 3.31% $2,069
First National Bank of Omaha 47 3.20% $2,648
GUARANTEED RATE, INC. 47 3.16% $3,579
FIRST CENTENNIAL MORTGAGE CORPORATION 41 3.11% $3,230
First Community Credit Union 34 3.29% $2,144
CROSSCOUNTRY MORTGAGE, LLC 27 3.27% $4,523
HERITAGE CREDIT UNION 26 3.16% $1,444
SUMMIT FUNDING, INC. 24 3.47% $4,091
PENNYMAC LOAN SERVICES, LLC 22 3.44% $4,230
AMERICAN PACIFIC MORTGAGE CORPORATION 22 3.20% $3,447
BMO Harris Bank 22 3.26% $2,811
AMERISAVE MORTGAGE CORPORATION 21 3.03% $4,139
UNITED WHOLESALE MORTGAGE, LLC 21 3.25% $3,323
COMPASS MORTGAGE, INC. 21 3.15% $3,044
Fifth Third Bank 20 3.29% $3,294
HOME POINT FINANCIAL CORPORATION 20 3.29% $3,350
The Huntington National Bank 19 2.99% $3,056
First Federal Bank 19 3.11% $2,691
CALIBER HOME LOANS, INC. 18 3.26% $3,347
DRAPER AND KRAMER MORTGAGE CORP. 17 2.98% $2,821
HOMESIDE FINANCIAL, LLC 17 3.34% $3,001
BETTER MORTGAGE CORPORATION 17 3.10% $2,335
Flagstar Bank, FSB 15 3.58% $3,191
MORTGAGE CENTER L.C 15 3.11% $2,008
NEWREZ LLC 15 3.30% $3,000
Bank of America 14 2.95% $2,150
BROKER SOLUTIONS, INC. 14 3.11% $5,011
INLAND BANK & TRUST 13 3.26% $3,351
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 12 3.38% $3,869
Old Second National Bank 12 3.45% $2,450
PLANET HOME LENDING, LLC 11 3.34% $3,509
SENB Bank 11 2.98% $2,565
PLAZA HOME MORTGAGE, INC. 11 3.38% $3,236
Platinum Home Mortgage Corporation 11 3.36% $4,448
Key Mortgage Services, Inc. 11 3.17% $3,648
Neighborhood Loans, Inc. 11 3.24% $3,486
FLAT BRANCH MORTGAGE, INC. 11 3.34% $2,554
ILLINOIS STATE CREDIT UNION 10 3.08% $2,101
MUTUAL OF OMAHA MORTGAGE, INC. 10 3.12% $2,915
BLUELEAF LENDING, LLC 9 3.08% $2,609
Blackhawk Community Credit Union 9 3.35% $2,096
NAVY FEDERAL CREDIT UNION 9 3.35% $3,987
FREEDOM MORTGAGE CORPORATION 8 3.60% $3,398
INLANTA MORTGAGE, INC. 8 3.34% $3,674
Baxter Credit Union 7 2.91% $3,437
Home State Bank 7 3.16% $3,295
Johnson Bank 7 3.06% $2,833
InterContinental Capital Group, Inc 7 3.38% $4,818
The Federal Savings Bank 7 3.25% $3,785
Chicago Mortgage Solutions LLC 7 3.09% $1,259
ROYAL UNITED MORTGAGE LLC 7 3.36% $6,885
Paramount Residential Mortgage Group, Inc. 7 3.43% $3,853
First Midwest Bank 7 3.04% $3,398
Mortgage Research Center, LLC 7 3.04% $3,337
Ally Bank 6 3.21% $2,431
AMERICAN PORTFOLIO MORTGAGE CORPORATION 6 3.19% $3,741
CMG MORTGAGE, INC. 6 3.04% $4,687
First American Bank 6 3.19% $2,720
FINANCE OF AMERICA MORTGAGE LLC 5 3.40% $3,153
UNION HOME MORTGAGE CORP. 5 3.18% $3,151
GUILD MORTGAGE COMPANY 5 3.20% $4,306
First State Bank 5 3.25% $2,849
CELEBRITY HOME LOANS, LLC 5 3.25% $3,453
GENEVA FINANCIAL, LLC 5 3.43% $3,515
CHURCHILL MORTGAGE CORPORATION 4 3.25% $3,902
Servion, Inc. 4 2.97% $3,775
First Bank & Trust 4 3.53% $3,845
First National Bank of America 4 6.97% $6,890
Summit Credit Union 4 2.97% $2,704
LEADERONE FINANCIAL CORPORATION 4 3.50% $4,167
Discover Bank 4 4.18% $0
COMPEER FINANCIAL, FLCA 4 3.72% $5,384
MID AMERICA MORTGAGE, INC. 4 3.19% $5,621
AmeriHome Mortgage Company, LLC 4 3.22% $3,086
ZILLOW HOME LOANS, LLC 3 2.96% $2,221
AMERICAN FINANCIAL NETWORK, INC. 3 3.71% $11,773
AMERICAN FINANCING CORPORATION 3 3.29% $3,455
ANGEL OAK MORTGAGE SOLUTIONS LLC 3 6.04% $6,598
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 3.29% $2,613
Carrington Mortgage Services, LLC 3 3.13% $4,066
Central Bank Illinois 3 3.29% $2,026
Chicago Financial Services, Inc. 3 3.13% $3,695
CIBM Bank 3 3.00% $3,108
Citizens Bank 3 3.13% $2,541
CONSUMERS COOPERATIVE CREDIT UNION 3 3.08% $5,639
DAS Acquisition Company, LLC 3 3.08% $3,692
Deere Employees Credit Union 3 2.92% $3,130
EMBRACE HOME LOANS, INC. 3 3.41% $4,119
EMM LOANS LLC 3 3.50% $8,545
First Federal Savings Bank 3 2.83% $2,019
First Guaranty Mortgage Corporation 3 3.21% $3,496
GMFS LLC 3 3.21% $5,132
GUARANTEED RATE AFFINITY, LLC 3 3.12% $3,032
KELLER MORTGAGE, LLC 3 3.17% $2,262
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.29% $3,409
THOMPSON KANE & COMPANY, LLC 3 3.13% $2,718
UIF CORPORATION 3 3.08% $3,333
Wyndham Capital Mortgage, Inc. 3 2.88% $5,270
FIRST STATE MORTGAGE SERVICES, LLC 2 3.06% $2,583
STEARNS LENDING, LLC 2 3.38% $3,015
Stifel Bank and Trust 2 2.75% $3,918
Bell Bank 2 3.31% $3,230
Gold Coast Bank 2 2.94% $3,655
GREENSTATE CREDIT UNION 2 3.13% $2,680
Plains Commerce Bank 2 2.87% $3,995
T2 FINANCIAL LLC 2 3.18% $5,696
First Savings Bank 2 4.06% $3,851
HOMESTAR FINANCIAL CORPORATION 2 2.88% $3,004
Northpointe Bank 2 2.81% $3,865
Arvest Bank 2 3.13% $2,124
The First National Bank of Ottawa 2 3.25% $1,910
GUARANTY HOME MORTGAGE CORPORATION 2 3.25% $3,256
Mutual Federal Bank 2 2.87% $10,976
American Bank and Trust Company 2 3.31% $3,358
Florida Capital Bank 2 3.06% $5,365
Town & Country Banc Mortgage Services, Inc. 2 2.95% $1,447
TOWNE MORTGAGE COMPANY 2 3.19% $2,904
Waterstone Mortgage Corporation 2 3.63% $3,949
Princeton Mortgage Corporation 2 3.56% $1,935
AMERITRUST MORTGAGE CORPORATION 2 2.69% $1,671
PROPER RATE, LLC 2 3.06% $3,555
Providence Bank & Trust 2 2.75% $1,440
MORIA DEVELOPMENT, INC. 2 3.56% $3,917
Old National Bank 2 3.00% $2,916
ENDEAVOR CAPITAL, LLC. 2 3.31% $4,304
Nations Lending Corporation 2 3.06% $6,139
EDUCATORS CREDIT UNION 2 3.19% $1,811
NATIONS RELIABLE LENDING, LLC 2 3.69% $3,721
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 2.87% $5,722
Ixonia Bank 2 2.88% $3,429
CHERRY CREEK MORTGAGE, LLC 2 3.00% $996
Hometown Lenders, Inc. 2 3.31% $6,362
Charles Schwab Bank, SSB 2 2.43% $2,480
PENTAGON FEDERAL CREDIT UNION 2 3.06% $1,680
Regions Bank 1 2.88% $3,175
Residential Mortgage Solutions, Inc. 1 3.13% $5,357
CITIZENS EQUITY FIRST 1 3.38% $1,818
Cincinnati Federal 1 3.25% $2,317
RUOFF MORTGAGE COMPANY, INC. 1 3.50% $1,938
SOFI LENDING CORP. 1 2.75% $4,759
Starion Bank 1 3.13% $700
BAY EQUITY LLC 1 2.99% $3,952
Bank of Springfield 1 2.93% $3,708
SUN WEST MORTGAGE COMPANY, INC. 1 3.25% $1,762
TCF National Bank 1 2.88% $3,227
The Bank of New Glarus 1 3.25% $1,477
Bank of England 1 3.38% $5,324
ARC HOME LLC 1 5.20% $8,371
The Union Bank Company 1 3.25% $3,016
TIAA, FSB 1 3.13% $3,662
Triumph Bank 1 3.00% $1,838
A&D Mortgage LLC 1 5.75% $12,122
UNITED 1 3.38% $1,730
United Community Bank 1 2.85% $2,646
UNITED HOME LOANS, INC. 1 3.88% $3,078
UNITED MORTGAGE CORP. 1 3.38% $2,593
AMERIFIRST FINANCIAL CORPORATION 1 3.63% $3,641
AMERICAN INTERNET MORTGAGE, INC. 1 2.88% $2,299
VANDERBILT MORTGAGE AND FINANCE, INC. 1 2.63% $3,468
VAN DYK MORTGAGE CORPORATION 1 3.38% $440
Vibrant Credit Union 1 4.00% $2,923
HOMEXPRESS MORTGAGE CORP. 1 8.13% $3,658
V.I.P. MORTGAGE, INC. 1 4.50% $5,059
LAND HOME FINANCIAL SERVICES, INC. 1 3.75% $2,948
HOMESTEAD FUNDING CORP. 1 2.50% $3,505
LENDERFI, INC. 1 3.25% $1,206
LENDSURE MORTGAGE CORP. 1 5.63% $11,807
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 1 2.88% $3,539
MEMBER FIRST MORTGAGE, LLC 1 4.00% $2,873
MICHIGAN MUTUAL, INC. 1 3.88% $3,027
GSF Mortgage Corporation 1 2.88% $3,263
MLD MORTGAGE INC. 1 3.25% $3,648
Morgan Stanley Private Bank 1 2.95% $2,605
MORTGAGE ACCESS CORP. 1 3.38% $6,866
GERSHMAN INVESTMENT CORP. 1 4.38% $2,947
Fortress Bank 1 3.75% $2,541
M&T Bank 1 3.63% $4,549
NATIONS DIRECT MORTGAGE, LLC 1 3.88% $4,209
Flanagan State Bank 1 3.25% $3,008
Network Funding, L.P. 1 3.13% $3,958
NEW FED MORTGAGE, CORP. 1 2.75% $1,279
North American Savings Bank, F.S.B. 1 2.75% $2,972
NORTHROP GRUMMAN Federal Credit Union 1 3.00% $2,841
EVERETT FINANCIAL, INC. 1 3.63% $2,540
NUMARK CREDIT UNION 1 2.75% $2,846
OCMBC, INC. 1 3.25% $4,165
Paramount Bank 1 2.75% $0
PARKSIDE LENDING, LLC 1 3.13% $3,745
EASTMAN 1 3.38% $3,485
Peoples Bank 1 3.50% $2,556
Petefish, Skiles & Co. 1 3.00% $2,809
PHH Mortgage Corporation 1 3.88% $3,196
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.25% $3,683
Credit Union 1 1 3.00% $3,756
CORPORATE AMERICA FAMILY 1 3.13% $7,707
Cornerstone National Bank & Trust Company 1 3.13% $889
PREMIA MORTGAGE, LLC 1 3.13% $2,807
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.13% $3,794
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.88% $1,616
Community Mortgage Banc Corporation 1 3.25% $1,769

ROCKFORD Average Closing Costs & Other Stats

ROCKFORD, IL's 220 lenders originated 11,939 loans during 2021. The total origination value was $1,749,985,000, with an average loan value of $146,577.

ROCKFORD's average closing costs are $3,684.

The top ROCKFORD lender as defined by loan originations is Blackhawk Bank, with 701 loans originated. Their average total fees are $3,039, which is $131 higher than the next largest lender, Midwest Community Bank.

The lowest fee ROCKFORD lenders (with over 10 loans originated) are HERITAGE CREDIT UNION ($1,444), Byron Bank ($1,888), Stillman BancCorp N.A. ($1,920), JPMorgan Chase Bank ($1,973) and MORTGAGE CENTER L.C ($2,008).

The lowest rate ROCKFORD lenders (with over 10 loans originated) are Bank of America (2.95%), SENB Bank (2.98%), DRAPER AND KRAMER MORTGAGE CORP. (2.98%), The Huntington National Bank (2.99%) and AMERISAVE MORTGAGE CORPORATION (3.03%).

ROCKFORD, 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
Blackhawk Bank $201,105,000 $163,485,000 -18.7% 9.3%
Midwest Community Bank $147,070,000 $134,850,000 -8.3% 7.7%
ENVOY MORTGAGE, LTD $103,020,000 $118,375,000 14.9% 6.8%
QUICKEN LOANS, LLC $80,380,000 $107,805,000 34.1% 6.2%
NORTHWEST BANK OF ROCKFORD $72,105,000 $58,555,000 -18.8% 3.3%
Stillman BancCorp N.A. $78,925,000 $57,970,000 -26.6% 3.3%
Midland States Bank $59,165,000 $43,920,000 -25.8% 2.5%
FIRST NORTHERN Credit Union $55,620,000 $43,345,000 -22.1% 2.5%
Byron Bank $75,805,000 $41,955,000 -44.7% 2.4%
Mr. Cooper ( Nationstar Mortgage ) $19,305,000 $36,535,000 89.3% 2.1%
JPMorgan Chase Bank $21,105,000 $33,495,000 58.7% 1.9%
ACADEMY MORTGAGE CORPORATION $31,660,000 $31,695,000 0.1% 1.8%
FREEDOM MORTGAGE CORPORATION $30,855,000 $31,680,000 2.7% 1.8%
U.S. Bank $20,290,000 $30,305,000 49.4% 1.7%
The First National Bank and Trust Company $44,655,000 $29,950,000 -32.9% 1.7%
Associated Bank $26,340,000 $29,115,000 10.5% 1.7%
Barrington Bank & Trust Company, N.A. $26,165,000 $27,445,000 4.9% 1.6%
Illinois Bank & Trust $17,665,000 $27,060,000 53.2% 1.5%
First National Bank of Omaha $19,735,000 $24,870,000 26.0% 1.4%
LOANDEPOT.COM, LLC $15,400,000 $24,155,000 56.9% 1.4%
Mortgage Research Center, LLC $16,250,000 $22,425,000 38.0% 1.3%
PNC Bank $19,270,000 $21,430,000 11.2% 1.2%
Wells Fargo Bank $16,000,000 $18,900,000 18.1% 1.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,995,000 $18,420,000 104.8% 1.1%
BMO Harris Bank $16,325,000 $17,060,000 4.5% 1.0%
SUMMIT FUNDING, INC. $14,990,000 n/a 0.9%
GUARANTEED RATE, INC. $13,585,000 $14,955,000 10.1% 0.9%
PENNYMAC LOAN SERVICES, LLC $3,815,000 $14,495,000 279.9% 0.8%
WALKER & DUNLOP, LLC $9,965,000 $14,370,000 44.2% 0.8%
FIRST CENTENNIAL MORTGAGE CORPORATION $12,385,000 $14,325,000 15.7% 0.8%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $14,205,000 n/a 0.8%
First Community Credit Union $14,045,000 n/a 0.8%
Rock Valley Credit Union $17,760,000 $13,470,000 -24.2% 0.8%
UNITED WHOLESALE MORTGAGE, LLC $16,510,000 $11,955,000 -27.6% 0.7%
Holcomb Bank $15,785,000 $11,795,000 -25.3% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $6,320,000 $11,275,000 78.4% 0.6%
CALIBER HOME LOANS, INC. $8,955,000 $10,080,000 12.6% 0.6%
NEWREZ LLC $5,080,000 $9,815,000 93.2% 0.6%
Resource Bank, N.A. $9,635,000 n/a 0.6%
AMERICAN PACIFIC MORTGAGE CORPORATION $6,555,000 $9,290,000 41.7% 0.5%
HOME POINT FINANCIAL CORPORATION $3,685,000 $9,230,000 150.5% 0.5%
The Huntington National Bank $6,830,000 $8,925,000 30.7% 0.5%
HERITAGE CREDIT UNION $4,785,000 $8,670,000 81.2% 0.5%
Fifth Third Bank $3,855,000 $8,465,000 119.6% 0.5%
First State Bank $2,715,000 $8,120,000 199.1% 0.5%
AMERISAVE MORTGAGE CORPORATION $4,470,000 $7,895,000 76.6% 0.5%
Neighborhood Loans, Inc. $3,885,000 $7,105,000 82.9% 0.4%
Valley National Bank $6,755,000 n/a 0.4%
LAKEVIEW LOAN SERVICING, LLC $2,360,000 $6,545,000 177.3% 0.4%
Union Savings Bank $6,760,000 $6,220,000 -8.0% 0.4%
BROKER SOLUTIONS, INC. $4,350,000 $6,110,000 40.5% 0.3%
NAVY FEDERAL CREDIT UNION $4,130,000 $6,000,000 45.3% 0.3%
COMPASS MORTGAGE, INC. $4,720,000 $5,770,000 22.2% 0.3%
Arbor Realty Trust, Inc. $9,230,000 $5,750,000 -37.7% 0.3%
BETTER MORTGAGE CORPORATION $1,270,000 $5,695,000 348.4% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,530,000 $5,430,000 114.6% 0.3%
MORTGAGE CENTER L.C $4,310,000 $5,365,000 24.5% 0.3%
SENB Bank $4,070,000 $4,955,000 21.7% 0.3%
First Federal Bank $1,635,000 $4,895,000 199.4% 0.3%
PLANET HOME LENDING, LLC $1,070,000 $4,650,000 334.6% 0.3%
Carrington Mortgage Services, LLC $2,495,000 $4,300,000 72.3% 0.2%
Flagstar Bank, FSB $2,000,000 $4,300,000 115.0% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $2,275,000 $4,235,000 86.2% 0.2%
The Federal Savings Bank $3,415,000 $4,235,000 24.0% 0.2%
Bank of America $5,600,000 $4,210,000 -24.8% 0.2%
The Harvard State Bank $7,365,000 $4,190,000 -43.1% 0.2%
Platinum Home Mortgage Corporation $17,095,000 $4,160,000 -75.7% 0.2%
USAA Federal Savings Bank $5,250,000 $4,105,000 -21.8% 0.2%
PLAZA HOME MORTGAGE, INC. $5,745,000 $4,085,000 -28.9% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $3,265,000 $4,085,000 25.1% 0.2%
Bank of the West $3,995,000 n/a 0.2%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $1,620,000 $3,715,000 129.3% 0.2%
DRAPER AND KRAMER MORTGAGE CORP. $2,080,000 $3,665,000 76.2% 0.2%
Paramount Residential Mortgage Group, Inc. $4,000,000 $3,650,000 -8.8% 0.2%
Key Mortgage Services, Inc. $3,440,000 $3,590,000 4.4% 0.2%
Rockford Bell Credit Union $3,375,000 n/a 0.2%
HOMESIDE FINANCIAL, LLC $3,360,000 $3,345,000 -0.4% 0.2%
INLAND BANK & TRUST $2,230,000 $3,240,000 45.3% 0.2%
NEW DAY FINANCIAL, LLC $2,010,000 $3,225,000 60.4% 0.2%
GREYSTONE SERVICING COMPANY LLC $2,955,000 $3,155,000 6.8% 0.2%
CELEBRITY HOME LOANS, LLC $960,000 $3,115,000 224.5% 0.2%
First Midwest Bank $1,915,000 $2,950,000 54.0% 0.2%
FLAT BRANCH MORTGAGE, INC. $1,440,000 $2,760,000 91.7% 0.2%
INLANTA MORTGAGE, INC. $2,385,000 $2,700,000 13.2% 0.2%
ILLINOIS STATE CREDIT UNION $3,350,000 $2,645,000 -21.0% 0.2%
Old Second National Bank $1,460,000 $2,325,000 59.2% 0.1%
CMG MORTGAGE, INC. $445,000 $2,265,000 409.0% 0.1%
InterContinental Capital Group, Inc $360,000 $2,225,000 518.1% 0.1%
BLUELEAF LENDING, LLC $1,455,000 $2,195,000 50.9% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $670,000 $2,155,000 221.6% 0.1%
Sauk Valley Bank & Trust Company $1,315,000 $2,150,000 63.5% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $1,300,000 $2,130,000 63.8% 0.1%
First Bank & Trust $3,305,000 $2,125,000 -35.7% 0.1%
Home State Bank $2,225,000 $2,100,000 -5.6% 0.1%
Republic Bank of Chicago $2,080,000 n/a 0.1%
First American Bank $1,825,000 $2,055,000 12.6% 0.1%
FIRST STATE MORTGAGE SERVICES, LLC $2,125,000 $2,050,000 -3.5% 0.1%
ADVIA $1,995,000 $2,020,000 1.3% 0.1%
ROYAL UNITED MORTGAGE LLC $2,165,000 $1,895,000 -12.5% 0.1%
CHURCHILL MORTGAGE CORPORATION $345,000 $1,890,000 447.8% 0.1%
Baxter Credit Union $360,000 $1,880,000 422.2% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $1,280,000 $1,775,000 38.7% 0.1%
Blackhawk Community Credit Union $2,135,000 $1,760,000 -17.6% 0.1%
Johnson Bank $1,985,000 $1,585,000 -20.2% 0.1%
COMPEER FINANCIAL, FLCA $3,530,000 $1,560,000 -55.8% 0.1%
LEADERONE FINANCIAL CORPORATION $1,220,000 $1,510,000 23.8% 0.1%
Self-Help Federal Credit Union $815,000 $1,380,000 69.3% 0.1%
Plains Commerce Bank $845,000 $1,365,000 61.5% 0.1%
Chicago Mortgage Solutions LLC $645,000 $1,360,000 110.9% 0.1%
PROPER RATE, LLC $1,200,000 $1,350,000 12.5% 0.1%
TOWNE MORTGAGE COMPANY $1,420,000 $1,225,000 -13.7% 0.1%
GMFS LLC $940,000 $1,215,000 29.3% 0.1%
Mutual Federal Bank $750,000 $1,210,000 61.3% 0.1%
MID AMERICA MORTGAGE, INC. $600,000 $1,195,000 99.2% 0.1%
ZILLOW HOME LOANS, LLC $125,000 $1,185,000 848.0% 0.1%
Servion, Inc. $650,000 $1,140,000 75.4% 0.1%
UNION HOME MORTGAGE CORP. $1,690,000 $1,125,000 -33.4% 0.1%
AmeriHome Mortgage Company, LLC $1,485,000 $1,115,000 -24.9% 0.1%
BAY EQUITY LLC $75,000 $1,075,000 1,333.3% 0.1%
Discover Bank $285,000 $1,050,000 268.4% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,080,000 $1,040,000 -3.7% 0.1%
Citizens Bank $650,000 $1,025,000 57.7% 0.1%
GUARANTEED RATE AFFINITY, LLC $1,055,000 $1,020,000 -3.3% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $135,000 $1,000,000 640.7% 0.1%
DAS Acquisition Company, LLC $485,000 $995,000 105.2% 0.1%
EMBRACE HOME LOANS, INC. $230,000 $955,000 315.2% 0.1%
Wyndham Capital Mortgage, Inc. $175,000 $945,000 440.0% 0.1%
First Guaranty Mortgage Corporation $250,000 $940,000 276.0% 0.1%
Equity Prime Mortgage LLC $235,000 $935,000 297.9% 0.1%
OCMBC, INC. $645,000 $900,000 39.5% 0.1%
Gold Coast Bank $165,000 $885,000 436.4% 0.1%
GENEVA FINANCIAL, LLC $505,000 $860,000 70.3% 0.0%
The Home Loan Expert LLC $440,000 $850,000 93.2% 0.0%
Wisconsin River Bank $850,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $335,000 $845,000 152.2% 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $310,000 $840,000 171.0% 0.0%
Manufacturers and Traders Trust Company $365,000 $835,000 128.8% 0.0%
Central Bank Illinois $8,945,000 $830,000 -90.7% 0.0%
Lakeview Community Capital, LLC $135,000 $825,000 511.1% 0.0%
ENDEAVOR CAPITAL, LLC. $680,000 $820,000 20.6% 0.0%
SOFI LENDING CORP. $620,000 $815,000 31.5% 0.0%
THOMPSON KANE & COMPANY, LLC $590,000 $815,000 38.1% 0.0%
STEARNS LENDING, LLC $1,270,000 $800,000 -37.0% 0.0%
21ST MORTGAGE CORPORATION $250,000 $795,000 218.0% 0.0%
Northpointe Bank $540,000 $775,000 43.5% 0.0%
Citibank $65,000 $770,000 1,084.6% 0.0%
Chicago Financial Services, Inc. $300,000 $760,000 153.3% 0.0%
Ixonia Bank $315,000 $760,000 141.3% 0.0%
CHERRY CREEK MORTGAGE, LLC $1,585,000 $755,000 -52.4% 0.0%
GUILD MORTGAGE COMPANY $640,000 $755,000 18.0% 0.0%
CLEARPATH LENDING $2,220,000 $730,000 -67.1% 0.0%
CONSUMERS COOPERATIVE CREDIT UNION $7,035,000 $725,000 -89.7% 0.0%
Strong Home Mortgage, LLC $725,000 n/a 0.0%
UIF CORPORATION $1,115,000 $715,000 -35.9% 0.0%
United Community Bank $640,000 $690,000 7.8% 0.0%
Town & Country Banc Mortgage Services, Inc. $535,000 $685,000 28.0% 0.0%
First Federal Savings Bank $1,075,000 $680,000 -36.7% 0.0%
Deere Employees Credit Union $605,000 $650,000 7.4% 0.0%
Hometown Lenders, Inc. $510,000 $650,000 27.5% 0.0%
PENTAGON FEDERAL CREDIT UNION $700,000 $650,000 -7.1% 0.0%
Ally Bank $1,090,000 $645,000 -40.8% 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $570,000 $640,000 12.3% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $185,000 $620,000 235.1% 0.0%
First National Bank of America $615,000 n/a 0.0%
GREENSTATE CREDIT UNION $255,000 $585,000 129.4% 0.0%
MORIA DEVELOPMENT, INC. $585,000 n/a 0.0%
Summit Credit Union $240,000 $585,000 143.8% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $960,000 $580,000 -39.6% 0.0%
NBKC BANK $1,040,000 $580,000 -44.2% 0.0%
EDUCATORS CREDIT UNION $395,000 $565,000 43.0% 0.0%
PHH Mortgage Corporation $990,000 $565,000 -42.9% 0.0%
Flanagan State Bank $290,000 $550,000 89.7% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $550,000 n/a 0.0%
Nations Lending Corporation $145,000 $540,000 272.4% 0.0%
CIBM Bank $1,355,000 $535,000 -60.5% 0.0%
T2 FINANCIAL LLC $530,000 n/a 0.0%
Waterstone Mortgage Corporation $285,000 $525,000 84.2% 0.0%
LENDERFI, INC. $520,000 n/a 0.0%
KELLER MORTGAGE, LLC $95,000 $515,000 442.1% 0.0%
AMERICAN ADVISORS GROUP $175,000 $505,000 188.6% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $380,000 $490,000 28.9% 0.0%
EMM LOANS LLC $205,000 $485,000 136.6% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $480,000 n/a 0.0%
North American Savings Bank, F.S.B. $630,000 $475,000 -24.6% 0.0%
Figure Lending LLC $420,000 $470,000 11.9% 0.0%
HOMESTEAD FUNDING CORP. $805,000 $470,000 -41.6% 0.0%
Stifel Bank and Trust $455,000 $470,000 3.3% 0.0%
HOMESTAR FINANCIAL CORPORATION $460,000 n/a 0.0%
CITY-COUNTY CREDIT UNION $310,000 $455,000 46.8% 0.0%
EVERETT FINANCIAL, INC. $1,015,000 $455,000 -55.2% 0.0%
NATIONS DIRECT MORTGAGE, LLC $300,000 $455,000 51.7% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $455,000 n/a 0.0%
VAN DYK MORTGAGE CORPORATION $280,000 $455,000 62.5% 0.0%
American Bank and Trust Company $450,000 n/a 0.0%
MORTGAGE ACCESS CORP. $450,000 n/a 0.0%
TOTAL MORTGAGE SERVICES, LLC $155,000 $450,000 190.3% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $680,000 $435,000 -36.0% 0.0%
PARKSIDE LENDING, LLC $765,000 $430,000 -43.8% 0.0%
KS StateBank $405,000 $415,000 2.5% 0.0%
AMERITRUST MORTGAGE CORPORATION $275,000 $410,000 49.1% 0.0%
Low VA Rates, LLC $175,000 $400,000 128.6% 0.0%
A&D Mortgage LLC $395,000 n/a 0.0%
THRIVENT Federal Credit Union $270,000 $395,000 46.3% 0.0%
American Airlines Federal Credit Union $390,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $750,000 $390,000 -48.0% 0.0%
Arvest Bank $385,000 n/a 0.0%
NUMARK CREDIT UNION $100,000 $385,000 285.0% 0.0%
MEMBER FIRST MORTGAGE, LLC $140,000 $380,000 171.4% 0.0%
Charles Schwab Bank, SSB $370,000 n/a 0.0%
The Bank of Brodhead $280,000 $370,000 32.1% 0.0%
First Horizon Bank $365,000 n/a 0.0%
First Savings Bank $900,000 $365,000 -59.4% 0.0%
Raymond James Bank $125,000 $365,000 192.0% 0.0%
ALLIANT CREDIT UNION $765,000 $360,000 -52.9% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $360,000 n/a 0.0%
The First National Bank of Ottawa $95,000 $360,000 278.9% 0.0%
United Fidelity Funding Corp. $905,000 $360,000 -60.2% 0.0%
DUPACO COMMUNITY $610,000 $355,000 -41.8% 0.0%
LENDSURE MORTGAGE CORP. $355,000 n/a 0.0%
NP, Inc. $195,000 $355,000 82.1% 0.0%
AMWEST FUNDING CORP. $330,000 $345,000 4.5% 0.0%
Warren-Boynton State Bank $345,000 n/a 0.0%
LincolnWay Community Bank $335,000 n/a 0.0%
NEW FED MORTGAGE, CORP. $335,000 n/a 0.0%
Paramount Bank $145,000 $335,000 131.0% 0.0%
Princeton Mortgage Corporation $335,000 n/a 0.0%
Bank of England $310,000 $330,000 6.5% 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $220,000 $330,000 50.0% 0.0%
Mid-Continent Funding, Inc. $855,000 $330,000 -61.4% 0.0%
AMERICAN FINANCE HOUSE LARIBA $325,000 n/a 0.0%
First Western Federal Savings Bank $325,000 n/a 0.0%
Oxford Bank & Trust $435,000 $325,000 -25.3% 0.0%
PREMIA MORTGAGE, LLC $325,000 n/a 0.0%
Network Funding, L.P. $320,000 n/a 0.0%
SIRVA MORTGAGE, INC. $1,020,000 $320,000 -68.6% 0.0%
TCF National Bank $770,000 $320,000 -58.4% 0.0%
UNITED MORTGAGE CORP. $75,000 $320,000 326.7% 0.0%
Community Mortgage Banc Corporation $525,000 $315,000 -40.0% 0.0%
PANORAMA MORTGAGE GROUP, LLC $315,000 n/a 0.0%
Bell Bank $310,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $460,000 $300,000 -34.8% 0.0%
EASTMAN $295,000 n/a 0.0%
SPRING EQ, LLC $290,000 n/a 0.0%
First Federal Bank of Kansas City $285,000 n/a 0.0%
IMPAC MORTGAGE CORP. $285,000 n/a 0.0%
Prosperity Home Mortgage, LLC $545,000 $285,000 -47.7% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $280,000 n/a 0.0%
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $275,000 n/a 0.0%
Notre Dame Federal Credit Union Corporation $275,000 n/a 0.0%
Florida Capital Bank $270,000 n/a 0.0%
NATIONS RELIABLE LENDING, LLC $270,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $205,000 $265,000 29.3% 0.0%
Greenbox Loans, Inc. $265,000 n/a 0.0%
NFM, INC. $265,000 n/a 0.0%
The Union Bank Company $135,000 $265,000 96.3% 0.0%
Ameris Bank $255,000 n/a 0.0%
Residential Mortgage Solutions, Inc. $255,000 n/a 0.0%
MARINE $250,000 n/a 0.0%
UNITED HOME LOANS, INC. $235,000 n/a 0.0%
BECKAM FUNDING CORP. $225,000 n/a 0.0%
Nicolet National Bank $225,000 n/a 0.0%
Starion Bank $225,000 $225,000 0.0% 0.0%
THE ANDERSON FINANCIAL GROUP, INC. $225,000 n/a 0.0%
Cornerstone National Bank & Trust Company $545,000 $220,000 -59.6% 0.0%
CIVIC FINANCIAL SERVICES, LLC $215,000 n/a 0.0%
CORPORATE AMERICA FAMILY $190,000 $215,000 13.2% 0.0%
Farmers & Merchants State Bank $215,000 n/a 0.0%
First Bankers Trust Company $215,000 n/a 0.0%
CITIZENS EQUITY FIRST $65,000 $205,000 215.4% 0.0%
Morgan Stanley Private Bank $205,000 n/a 0.0%
NORTHROP GRUMMAN Federal Credit Union $205,000 n/a 0.0%
Petefish, Skiles & Co. $205,000 n/a 0.0%
Texana Bank $205,000 n/a 0.0%
TIAA, FSB $125,000 $205,000 64.0% 0.0%
Providence Bank & Trust $220,000 $200,000 -9.1% 0.0%
V.I.P. MORTGAGE, INC. $85,000 $200,000 135.3% 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $50,000 $195,000 290.0% 0.0%
Bank of Springfield $190,000 n/a 0.0%
Credit Union 1 $180,000 $190,000 5.6% 0.0%
DOMINION FINANCIAL SERVICES, LLC $190,000 n/a 0.0%
BNC National Bank $185,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $185,000 n/a 0.0%
NORTHERN MORTGAGE SERVICES, LLC $165,000 $185,000 12.1% 0.0%
Triumph Bank $185,000 n/a 0.0%
ARC HOME LLC $290,000 $175,000 -39.7% 0.0%
MOVEMENT MORTGAGE, LLC $175,000 n/a 0.0%
SILVER HILL FUNDING, LLC $175,000 n/a 0.0%
CITYWIDE HOME LOANS, LLC $170,000 n/a 0.0%
GREAT LAKES $375,000 $165,000 -56.0% 0.0%
Merchants Bank of Indiana $335,000 $165,000 -50.7% 0.0%
The Bank of New Glarus $460,000 $165,000 -64.1% 0.0%
Old National Bank $675,000 $160,000 -76.3% 0.0%
ACCESS CAPITAL FUNDING, L.L.C. $155,000 n/a 0.0%
AMERIFIRST FINANCIAL CORPORATION $155,000 n/a 0.0%
Auto Club Trust, FSB $155,000 n/a 0.0%
MLD MORTGAGE INC. $410,000 $155,000 -62.2% 0.0%
PremierBank $155,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $155,000 n/a 0.0%
Farmers National Bank $145,000 n/a 0.0%
First Mortgage Solutions, LLC $145,000 n/a 0.0%
ON Q FINANCIAL, INC. $145,000 n/a 0.0%
Peoples Bank $145,000 n/a 0.0%
Bank of Milton $135,000 n/a 0.0%
Farmers-Merchants Bank of Illinois $135,000 n/a 0.0%
First Internet Bank of Indiana $135,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $135,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $380,000 $135,000 -64.5% 0.0%
BEST CAPITAL FUNDING $125,000 n/a 0.0%
DuPage Credit Union $125,000 n/a 0.0%
First Financial Bank $185,000 $125,000 -32.4% 0.0%
GSF Mortgage Corporation $215,000 $125,000 -41.9% 0.0%
Fidelity Bank $115,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $115,000 n/a 0.0%
CASTLE & COOKE MORTGAGE, LLC $105,000 n/a 0.0%
Cincinnati Federal $125,000 $105,000 -16.0% 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $105,000 n/a 0.0%
FirstBank $105,000 n/a 0.0%
First Mid Bank & Trust $435,000 $105,000 -75.9% 0.0%
Illinois State Police Federal Credit Union $115,000 $105,000 -8.7% 0.0%
INOVA FEDERAL CREDIT UNION $15,000 $105,000 600.0% 0.0%
LENDUS, LLC $105,000 n/a 0.0%
UNITED $105,000 n/a 0.0%
Woodford State Bank $95,000 $105,000 10.5% 0.0%
Bankers' Bank $95,000 n/a 0.0%
CONSTRUCTIVE LOANS, LLC $95,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $95,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $95,000 n/a 0.0%
Signature Federal Credit Union $85,000 n/a 0.0%
AmRes Corporation $240,000 $75,000 -68.8% 0.0%
CANOPY MORTGAGE, LLC $75,000 n/a 0.0%
Vibrant Credit Union $170,000 $75,000 -55.9% 0.0%
Regions Bank $415,000 $65,000 -84.3% 0.0%
Town Bank, N.A. $65,000 n/a 0.0%
Farmers State Bank of Alto Pass $55,000 n/a 0.0%
Fortifi Bank $55,000 n/a 0.0%
GERSHMAN INVESTMENT CORP. $335,000 $55,000 -83.6% 0.0%
Secured Investment Corp. $55,000 n/a 0.0%
Think Mutual Bank $405,000 $55,000 -86.4% 0.0%
Fortress Bank $45,000 n/a 0.0%
GENISYS $35,000 n/a 0.0%
HealthCare Associates Credit Union $45,000 $35,000 -22.2% 0.0%
SKYONE Federal Credit Union $35,000 n/a 0.0%

ROCKFORD's top lender by overall market share is Blackhawk Bank, with 9.3% market share. In second place, with 7.7%, is Midwest Community Bank, having originated $134,850,000 in loans. In third place, with 6.8%, is ENVOY MORTGAGE, LTD, having originated $118,375,000 in loans. In fourth place, with 6.2%, is QUICKEN LOANS, LLC, having originated $107,805,000 in loans. In fifth place, with 3.3%, is NORTHWEST BANK OF ROCKFORD, having originated $58,555,000 in loans.


ROCKFORD Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - ROCKFORD (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 $129,900 (13.1%) $163,508 (14.4%) 0.48 928
2018-02-01 $131,725 (15.6%) $166,882 (18.7%) 0.48 847
2018-03-01 $134,900 (13.4%) $172,005 (16.7%) 0.47 797
2018-04-01 $139,900 (11.9%) $181,905 (19.4%) 0.47 773
2018-05-01 $144,900 (11.6%) $184,153 (16.6%) 0.48 848
2018-06-01 $149,000 (14.6%) $187,298 (15.6%) 0.50 974
2018-07-01 $149,000 (10.5%) $187,850 (10.3%) 0.50 1,064
2018-08-01 $145,475 (7.8%) $185,110 (9.0%) 0.49 1,109
2018-09-01 $140,750 (3.9%) $183,258 (8.3%) 0.47 1,143
2018-10-01 $137,450 (2.6%) $177,259 (7.0%) 0.46 1,143
2018-11-01 $135,900 (0.4%) $178,840 (7.2%) 0.46 1,050
2018-12-01 $134,900 (1.1%) $175,024 (4.6%) 0.47 988
2019-01-01 $134,900 (3.9%) $174,454 (6.7%) 0.47 908
2019-02-01 $134,475 (2.1%) $176,802 (5.9%) 0.45 826
2019-03-01 $140,529 (4.2%) $183,083 (6.4%) 0.46 779
2019-04-01 $148,450 (6.1%) $191,330 (5.2%) 0.47 738
2019-05-01 $149,925 (3.5%) $194,520 (5.6%) 0.47 780
2019-06-01 $159,900 (7.3%) $200,608 (7.1%) 0.50 869
2019-07-01 $155,000 (4.0%) $198,823 (5.8%) 0.49 982
2019-08-01 $153,609 (5.6%) $195,220 (5.5%) 0.49 1,034
2019-09-01 $151,523 (7.7%) $190,536 (4.0%) 0.48 1,098
2019-10-01 $147,425 (7.3%) $185,929 (4.9%) 0.48 1,149
2019-11-01 $139,900 (2.9%) $180,409 (0.9%) 0.46 1,099
2019-12-01 $139,900 (3.7%) $177,399 (1.4%) 0.47 988
2020-01-01 $137,750 (2.1%) $176,168 (1.0%) 0.46 903
2020-02-01 $145,000 (7.8%) $182,734 (3.4%) 0.47 811
2020-03-01 $144,950 (3.2%) $187,733 (2.5%) 0.45 751
2020-04-01 $149,900 (1.0%) $193,060 (0.9%) 0.47 731
2020-05-01 $159,900 (6.7%) $205,791 (5.8%) 0.49 640
2020-06-01 $170,000 (6.3%) $210,503 (4.9%) 0.50 598
2020-07-01 $174,450 (12.6%) $214,135 (7.7%) 0.51 551
2020-08-01 $169,900 (10.6%) $217,198 (11.3%) 0.49 532
2020-09-01 $172,813 (14.1%) $221,840 (16.4%) 0.50 500
2020-10-01 $161,000 (9.2%) $201,959 (8.6%) 0.46 534
2020-11-01 $150,000 (7.2%) $199,789 (10.7%) 0.44 519
2020-12-01 $139,900 (0.0%) $192,755 (8.7%) 0.42 440
2021-01-01 $132,500 (-3.8%) $195,093 (10.7%) 0.40 362
2021-02-01 $135,000 (-6.9%) $206,185 (12.8%) 0.39 264
2021-03-01 $149,950 (3.5%) $210,440 (12.1%) 0.43 224
2021-04-01 $159,475 (6.4%) $227,167 (17.7%) 0.43 205
2021-05-01 $169,700 (6.1%) $225,629 (9.6%) 0.45 280
2021-06-01 $169,450 (-0.3%) $229,658 (9.1%) 0.45 402
2021-07-01 $162,500 (-6.9%) $227,460 (6.2%) 0.43 452
2021-08-01 $155,575 (-8.4%) $217,905 (0.3%) 0.41 548
2021-09-01 $162,050 (-6.2%) $217,010 (-2.2%) 0.43 560
2021-10-01 $163,450 (1.5%) $217,059 (7.5%) 0.44 567
2021-11-01 $154,300 (2.9%) $208,845 (4.5%) 0.41 518
2021-12-01 $142,425 (1.8%) $198,890 (3.2%) 0.39 469
2022-01-01 $144,900 (9.4%) $194,071 (-0.5%) 0.39 375
2022-02-01 $139,450 (3.3%) $201,616 (-2.2%) 0.36 274
2022-03-01 $144,950 (-3.3%) $220,342 (4.7%) 0.36 243
2022-04-01 $158,500 (-0.6%) $235,710 (3.8%) 0.38 259
2022-05-01 $172,875 (1.9%) $234,919 (4.1%) 0.40 291
2022-06-01 $185,000 (9.2%) $238,817 (4.0%) 0.41 359
2022-07-01 $199,900 (23.0%) $254,139 (11.7%) 0.45 421
2022-08-01 $192,175 (23.5%) $245,571 (12.7%) 0.44 468
2022-09-01 $187,450 (15.7%) $239,795 (10.5%) 0.44 470
2022-10-01 $172,500 (5.5%) $228,716 (5.4%) 0.41 465
2022-11-01 $170,250 (10.3%) $221,728 (6.2%) 0.41 464
2022-12-01 $169,900 (19.3%) $217,644 (9.4%) 0.42 414
ROCKFORD's median listing price for 2022-12-01 was $169,900, a difference of $27,475 (19.3%) versus the prior year and $-350 versus the prior month.

ROCKFORD's median listing price comes in at 42% of the national average.

ROCKFORD's average listing price for 2022-12-01 was $217,644, a difference of $18,754 (9.4%) versus the prior year and $-4,084 versus the prior month.

For the 2022-12-01 period, ROCKFORD had 414 MLS listings, a difference of -50 listings (-11%) versus the prior month and -55 listings (-12%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - ROCKFORD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 80 days 1,855 sqft
2018-02-01 81 days 1,858 sqft
2018-03-01 67 days 1,891 sqft
2018-04-01 50 days 1,960 sqft
2018-05-01 41 days 2,000 sqft
2018-06-01 41 days 2,030 sqft
2018-07-01 45 days 2,030 sqft
2018-08-01 51 days 1,995 sqft
2018-09-01 59 days 1,992 sqft
2018-10-01 63 days 1,911 sqft
2018-11-01 64 days 1,947 sqft
2018-12-01 68 days 1,894 sqft
2019-01-01 80 days 1,827 sqft
2019-02-01 86 days 1,868 sqft
2019-03-01 71 days 1,804 sqft
2019-04-01 51 days 1,739 sqft
2019-05-01 44 days 1,736 sqft
2019-06-01 44 days 1,803 sqft
2019-07-01 45 days 1,972 sqft
2019-08-01 48 days 1,978 sqft
2019-09-01 51 days 1,945 sqft
2019-10-01 56 days 1,911 sqft
2019-11-01 61 days 1,889 sqft
2019-12-01 70 days 1,829 sqft
2020-01-01 82 days 1,803 sqft
2020-02-01 77 days 1,827 sqft
2020-03-01 54 days 1,850 sqft
2020-04-01 61 days 1,891 sqft
2020-05-01 67 days 2,023 sqft
2020-06-01 50 days 2,120 sqft
2020-07-01 41 days 2,162 sqft
2020-08-01 43 days 2,062 sqft
2020-09-01 41 days 2,065 sqft
2020-10-01 36 days 1,928 sqft
2020-11-01 40 days 1,921 sqft
2020-12-01 52 days 1,797 sqft
2021-01-01 61 days 1,768 sqft
2021-02-01 59 days 1,724 sqft
2021-03-01 40 days 1,663 sqft
2021-04-01 28 days 1,796 sqft
2021-05-01 19 days 1,850 sqft
2021-06-01 20 days 1,905 sqft
2021-07-01 25 days 2,014 sqft
2021-08-01 26 days 1,723 sqft
2021-09-01 34 days 1,715 sqft
2021-10-01 38 days 1,666 sqft
2021-11-01 47 days 1,650 sqft
2021-12-01 51 days 1,606 sqft
2022-01-01 54 days 1,640 sqft
2022-02-01 45 days 1,616 sqft
2022-03-01 35 days 1,611 sqft
2022-04-01 25 days 1,709 sqft
2022-05-01 25 days 1,744 sqft
2022-06-01 21 days 1,811 sqft
2022-07-01 30 days 1,856 sqft
2022-08-01 32 days 1,831 sqft
2022-09-01 39 days 1,813 sqft
2022-10-01 41 days 1,803 sqft
2022-11-01 43 days 1,779 sqft
2022-12-01 56 days 1,758 sqft
ROCKFORD's median listing age (time on market) for 2022-12-01 was 56 days. This is 10% longer than the same period one year ago.

ROCKFORD's median square footage for active listings during the 2022-12-01 period was 1,758 sqft. One year prior, the average listing was 1,606 sqft.

ROCKFORD, IL Average Rent (2022)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
60033 Rockford, IL $900 $990 $1,140 $1,440 $1,710
60135 Rockford, IL $760 $860 $1,110 $1,580 $1,900
60145 Rockford, IL $700 $790 $1,020 $1,450 $1,740
60146 Rockford, IL $640 $730 $930 $1,330 $1,610
60152 Rockford, IL $870 $950 $1,100 $1,390 $1,660
61008 Rockford, IL $560 $650 $850 $1,160 $1,230
61011 Rockford, IL $830 $950 $1,250 $1,710 $1,810
61012 Rockford, IL $580 $670 $880 $1,200 $1,280
61016 Rockford, IL $520 $600 $790 $1,080 $1,150
61019 Rockford, IL $600 $690 $910 $1,240 $1,320
61020 Rockford, IL $550 $630 $830 $1,130 $1,200
61024 Rockford, IL $490 $560 $740 $1,000 $1,070
61038 Rockford, IL $700 $790 $970 $1,290 $1,460
61039 Rockford, IL $550 $630 $830 $1,130 $1,200
61047 Rockford, IL $500 $570 $750 $1,020 $1,090
61052 Rockford, IL $640 $730 $930 $1,330 $1,610
61063 Rockford, IL $580 $670 $880 $1,200 $1,280
61065 Rockford, IL $830 $950 $1,250 $1,710 $1,810
61072 Rockford, IL $520 $600 $790 $1,080 $1,150
61073 Rockford, IL $730 $840 $1,100 $1,500 $1,600
61077 Rockford, IL $580 $670 $880 $1,200 $1,280
61079 Rockford, IL $500 $570 $760 $1,030 $1,100
61080 Rockford, IL $500 $570 $750 $1,020 $1,090
61084 Rockford, IL $670 $770 $1,010 $1,380 $1,470
61088 Rockford, IL $560 $650 $850 $1,160 $1,230
61101 Rockford, IL $520 $590 $780 $1,060 $1,130
61102 Rockford, IL $520 $590 $780 $1,060 $1,130
61103 Rockford, IL $540 $620 $810 $1,100 $1,180
61104 Rockford, IL $500 $580 $760 $1,040 $1,100
61105 Rockford, IL $550 $630 $830 $1,130 $1,200
61107 Rockford, IL $590 $680 $890 $1,210 $1,290
61108 Rockford, IL $570 $650 $860 $1,170 $1,250
61109 Rockford, IL $540 $620 $810 $1,100 $1,180
61110 Rockford, IL $550 $630 $830 $1,130 $1,200
61111 Rockford, IL $580 $660 $870 $1,190 $1,260
61112 Rockford, IL $540 $620 $820 $1,120 $1,200
61114 Rockford, IL $660 $750 $990 $1,350 $1,440
61115 Rockford, IL $640 $740 $970 $1,320 $1,410
61125 Rockford, IL $550 $630 $830 $1,130 $1,200
61126 Rockford, IL $550 $630 $830 $1,130 $1,200
61130 Rockford, IL $550 $630 $830 $1,130 $1,200
61131 Rockford, IL $550 $630 $830 $1,130 $1,200
61132 Rockford, IL $550 $630 $830 $1,130 $1,200

2022 Average & Median Rent Data Statistics
ROCKFORD, IL average 1BR rent: $688, median: $650
ROCKFORD, IL average 2BR rent: $894, median: $850
ROCKFORD, IL average 3BR rent: $1,218, median: $1,160

ROCKFORD, IL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 5,249 $826,055,000 $157,374
Refi 4,152 $608,990,000 $146,674
Cash Out Refi 2,012 $280,930,000 $139,627
Other 292 $19,340,000 $66,233
Home Improvement 233 $14,495,000 $62,210
NA 1 $175,000 $175,000

Rockford's most frequently cited loan purpose was Home Purchase, with 5,249 originations. The 2nd most popular reason was Refi, with 4,152 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 5,126 $770,710,000 $150,353
2.5-3% 3,905 $588,845,000 $150,793
<2.5% 1,922 $261,410,000 $136,009
4-5% 486 $59,100,000 $121,605
5-6% 141 $10,395,000 $73,723
6-7% 65 $3,515,000 $54,077
Over 8% 37 $1,475,000 $39,865
7-8% 33 $1,235,000 $37,424

During 2021, Rockford's most frequently originated rate bucket was 3-4%, with 5,126 originations.

Loan Sizing (ROCKFORD, IL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 5,997 $851,225,000 $141,942
$100,000 or less 3,932 $254,940,000 $64,837
$200k-400k 1,819 $468,935,000 $257,798
$400k-600k 141 $66,185,000 $469,397
$Over $1MM 30 $93,130,000 $3,104,333
$600k-1000k 20 $15,570,000 $778,500

ROCKFORD's loan sizing saw the bucket of loans from $100k-200k with 5,997 originations, totaling $851,225,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 4,966 $795,250,000 $160,139
60-80% 4,044 $630,330,000 $155,868
40-60% 1,360 $165,310,000 $121,551
20-40% 542 $37,500,000 $69,188
Under 20% 477 $9,465,000 $19,843
Over 100% 66 $17,790,000 $269,545

ROCKFORD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 4,966 originations, totaling $795,250,000 in origination value.