Roswell Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Roswell averaged
7.26%
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
6.99% and
one month ago for the week of 2023-02-09, the
average rate was 6.68%.
Roswell's average rate one year ago was 4.11%.
For refis of the same type during the week of 2023-03-16, the average rate
was 7.04%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Roswell 30 Year Fixed Rate | 2023-03-16 | 7.26% |
Roswell 30 Year Fixed Rate Refi | 2023-03-16 | 7.04% |
Roswell 15 Year Fixed Rate | 2023-03-16 | 6.64% |
Roswell 15 Year Fixed Rate Refi | 2023-03-16 | 5.98% |
Roswell 30 Year FHA | 2023-03-16 | 6.56% |
Roswell 30 Year FHA Refi | 2023-03-16 | 6.32% |
Roswell 30 Year USDA | 2023-03-16 | 6.77% |
Roswell 30 Year VA | 2023-03-16 | 6.54% |
Roswell 30 Year VA Refi | 2023-03-16 | 5.96% |
Roswell 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 Roswell, NM 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.).
Roswell Average Closing Costs & Other Stats
Roswell, NM's 77 lenders originated 1,531
loans during 2021. The total origination value was $276,465,000, with an average loan value of
$180,578.
Roswell's average closing costs are $4,790.
The top Roswell lender as defined by loan originations is QUICKEN LOANS, LLC, with
119 loans originated. Their average total fees are
$4,737, which is $64
lower than the next largest lender,
CMG MORTGAGE, INC..
The lowest fee Roswell lenders (with over 10 loans originated) are
First American Bank ($2,620), Wells Fargo Bank ($3,536), UNITED WHOLESALE MORTGAGE, LLC ($3,567), AMCAP MORTGAGE, LTD. ($3,822) and MICHIGAN MUTUAL, INC. ($4,042).
The lowest rate Roswell lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (2.92%), UNITED WHOLESALE MORTGAGE, LLC (2.97%), QUICKEN LOANS, LLC (3.12%), First American Bank (3.20%) and AMCAP MORTGAGE, LTD. (3.37%).
Roswell, NM 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 |
---|---|---|---|---|
QUICKEN LOANS, LLC | $37,215,000 | $47,155,000 | 26.7% | 17.1% |
CMG MORTGAGE, INC. | $31,520,000 | $36,370,000 | 15.4% | 13.2% |
AMCAP MORTGAGE, LTD. | $21,970,000 | $25,750,000 | 17.2% | 9.3% |
MICHIGAN MUTUAL, INC. | $6,700,000 | $13,605,000 | 103.1% | 4.9% |
UNITED WHOLESALE MORTGAGE, LLC | $5,500,000 | $13,060,000 | 137.5% | 4.7% |
FREEDOM MORTGAGE CORPORATION | $12,190,000 | $12,535,000 | 2.8% | 4.5% |
First American Bank | $3,535,000 | $9,465,000 | 167.8% | 3.4% |
Arbor Realty Trust, Inc. | $7,985,000 | n/a | 2.9% | |
Mortgage Research Center, LLC | $7,495,000 | $7,075,000 | -5.6% | 2.6% |
Wells Fargo Bank | $6,325,000 | $6,080,000 | -3.9% | 2.2% |
AMERISAVE MORTGAGE CORPORATION | $2,025,000 | $5,990,000 | 195.8% | 2.2% |
21ST MORTGAGE CORPORATION | $2,725,000 | $5,385,000 | 97.6% | 1.9% |
LOANDEPOT.COM, LLC | $3,000,000 | $4,895,000 | 63.2% | 1.8% |
Pioneer Bank | $6,925,000 | $4,445,000 | -35.8% | 1.6% |
Mr. Cooper ( Nationstar Mortgage ) | $3,295,000 | $4,105,000 | 24.6% | 1.5% |
PENNYMAC LOAN SERVICES, LLC | $1,130,000 | $4,075,000 | 260.6% | 1.5% |
LAKEVIEW LOAN SERVICING, LLC | $1,730,000 | $3,070,000 | 77.5% | 1.1% |
JPMorgan Chase Bank | $980,000 | $2,520,000 | 157.1% | 0.9% |
BROKER SOLUTIONS, INC. | $1,570,000 | $2,480,000 | 58.0% | 0.9% |
PLAZA HOME MORTGAGE, INC. | $1,105,000 | $2,215,000 | 100.5% | 0.8% |
BETTER MORTGAGE CORPORATION | $195,000 | $2,115,000 | 984.6% | 0.8% |
Waterstone Mortgage Corporation | $2,135,000 | $2,035,000 | -4.7% | 0.7% |
Washington Federal Bank | $4,470,000 | $1,885,000 | -57.8% | 0.7% |
CLEARPATH LENDING | $1,405,000 | $1,815,000 | 29.2% | 0.7% |
USAA Federal Savings Bank | $3,670,000 | $1,785,000 | -51.4% | 0.6% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,320,000 | $1,730,000 | -25.4% | 0.6% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $310,000 | $1,640,000 | 429.0% | 0.6% |
Bank of America | $785,000 | $1,595,000 | 103.2% | 0.6% |
CALIBER HOME LOANS, INC. | $1,580,000 | $1,490,000 | -5.7% | 0.5% |
FINANCE OF AMERICA MORTGAGE LLC | $1,970,000 | $1,475,000 | -25.1% | 0.5% |
KELLER MORTGAGE, LLC | $165,000 | $1,470,000 | 790.9% | 0.5% |
GUARANTEED RATE, INC. | $125,000 | $1,210,000 | 868.0% | 0.4% |
LOANPAL, LLC | $900,000 | $1,095,000 | 21.7% | 0.4% |
VILLAGE CAPITAL & INVESTMENT LLC | $895,000 | $1,075,000 | 20.1% | 0.4% |
U.S. Bank | $205,000 | $1,070,000 | 422.0% | 0.4% |
GUILD MORTGAGE COMPANY | $1,005,000 | n/a | 0.4% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $545,000 | $975,000 | 78.9% | 0.4% |
NAVY FEDERAL CREDIT UNION | $725,000 | $970,000 | 33.8% | 0.4% |
NEWREZ LLC | $685,000 | $945,000 | 38.0% | 0.3% |
CASTLE & COOKE MORTGAGE, LLC | $920,000 | n/a | 0.3% | |
BOKF | $2,130,000 | $895,000 | -58.0% | 0.3% |
NUSENDA | $145,000 | $850,000 | 486.2% | 0.3% |
Amerifirst Financial, Inc. | $135,000 | $720,000 | 433.3% | 0.3% |
NEW DAY FINANCIAL, LLC | $340,000 | $720,000 | 111.8% | 0.3% |
ACADEMY MORTGAGE CORPORATION | $415,000 | $665,000 | 60.2% | 0.2% |
Visio Financial Services Inc. | $660,000 | n/a | 0.2% | |
Paramount Residential Mortgage Group, Inc. | $135,000 | $655,000 | 385.2% | 0.2% |
ROYAL UNITED MORTGAGE LLC | $495,000 | $645,000 | 30.3% | 0.2% |
AMERICAN FINANCING CORPORATION | $770,000 | $610,000 | -20.8% | 0.2% |
Strong Home Mortgage, LLC | $600,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $305,000 | $585,000 | 91.8% | 0.2% |
Carrington Mortgage Services, LLC | $455,000 | $580,000 | 27.5% | 0.2% |
Flagstar Bank, FSB | $400,000 | $575,000 | 43.8% | 0.2% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,215,000 | $550,000 | -54.7% | 0.2% |
SUN WEST MORTGAGE COMPANY, INC. | $730,000 | $530,000 | -27.4% | 0.2% |
MANN FINANCIAL INC. | $490,000 | n/a | 0.2% | |
AMERICAN FINANCIAL NETWORK, INC. | $480,000 | n/a | 0.2% | |
Low VA Rates, LLC | $105,000 | $480,000 | 357.1% | 0.2% |
PHH Mortgage Corporation | $475,000 | n/a | 0.2% | |
VAN DYK MORTGAGE CORPORATION | $105,000 | $465,000 | 342.9% | 0.2% |
MID AMERICA MORTGAGE, INC. | $245,000 | $460,000 | 87.8% | 0.2% |
Ixonia Bank | $455,000 | n/a | 0.2% | |
PENTAGON FEDERAL CREDIT UNION | $175,000 | $455,000 | 160.0% | 0.2% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $135,000 | $440,000 | 225.9% | 0.2% |
NP, Inc. | $440,000 | n/a | 0.2% | |
SOUTHWEST STAGE FUNDING, LLC | $230,000 | $440,000 | 91.3% | 0.2% |
LEGACY MORTGAGE LLC | $375,000 | $420,000 | 12.0% | 0.2% |
Goldwater Bank, N.A. | $145,000 | $405,000 | 179.3% | 0.1% |
First Savings Bank | $780,000 | $400,000 | -48.7% | 0.1% |
Loan Simple, Inc. | $265,000 | $395,000 | 49.1% | 0.1% |
CROSSCOUNTRY MORTGAGE, LLC | $390,000 | n/a | 0.1% | |
TRIAD FINANCIAL SERVICES, INC. | $55,000 | $390,000 | 609.1% | 0.1% |
South State Bank | $375,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $580,000 | $360,000 | -37.9% | 0.1% |
Plains Commerce Bank | $215,000 | $355,000 | 65.1% | 0.1% |
Prime Choice Funding Inc. | $165,000 | $355,000 | 115.2% | 0.1% |
NOVA FINANCIAL & INVESTMENT CORPORATION | $75,000 | $350,000 | 366.7% | 0.1% |
First Federal Bank of Kansas City | $465,000 | $325,000 | -30.1% | 0.1% |
Neighborhood Loans, Inc. | $165,000 | $320,000 | 93.9% | 0.1% |
HOMESIDE FINANCIAL, LLC | $310,000 | n/a | 0.1% | |
Community First National Bank | $295,000 | n/a | 0.1% | |
CHURCHILL MORTGAGE CORPORATION | $515,000 | $275,000 | -46.6% | 0.1% |
Gateway First Bank | $990,000 | $275,000 | -72.2% | 0.1% |
Southwest Airlines Federal Credit Union | $275,000 | n/a | 0.1% | |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $265,000 | n/a | 0.1% | |
TEXAS TECH | $265,000 | n/a | 0.1% | |
F & M Bank | $255,000 | n/a | 0.1% | |
MOUNTAIN AMERICA | $35,000 | $255,000 | 628.6% | 0.1% |
OPEN MORTGAGE, LLC | $245,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $580,000 | $240,000 | -58.6% | 0.1% |
PREMIA MORTGAGE, LLC | $1,100,000 | $235,000 | -78.6% | 0.1% |
FLAT BRANCH MORTGAGE, INC. | $225,000 | n/a | 0.1% | |
NBKC BANK | $235,000 | $225,000 | -4.3% | 0.1% |
Western Commerce Bank | $225,000 | n/a | 0.1% | |
Figure Lending LLC | $220,000 | n/a | 0.1% | |
First Guaranty Mortgage Corporation | $125,000 | $215,000 | 72.0% | 0.1% |
Magnolia Bank | $445,000 | $215,000 | -51.7% | 0.1% |
Stifel Bank and Trust | $215,000 | n/a | 0.1% | |
Truist Bank | $210,000 | n/a | 0.1% | |
Firefighters First Federal Credit Union | $205,000 | n/a | 0.1% | |
First National Bank Texas | $165,000 | $195,000 | 18.2% | 0.1% |
ACCELERATE MORTGAGE, LLC | $185,000 | n/a | 0.1% | |
Bell Bank | $260,000 | $185,000 | -28.8% | 0.1% |
V.I.P. MORTGAGE, INC. | $185,000 | $185,000 | 0.0% | 0.1% |
Chicago Mortgage Solutions LLC | $175,000 | n/a | 0.1% | |
Colonial Savings, F.A. | $365,000 | $175,000 | -52.1% | 0.1% |
PNC Bank | $175,000 | n/a | 0.1% | |
CONTOUR MORTGAGE CORPORATION | $350,000 | $165,000 | -52.9% | 0.1% |
EMBRACE HOME LOANS, INC. | $165,000 | n/a | 0.1% | |
Enterprise Bank & Trust | $165,000 | n/a | 0.1% | |
SWBC MORTGAGE CORPORATION | $115,000 | $165,000 | 43.5% | 0.1% |
Willamette Valley Bank | $165,000 | n/a | 0.1% | |
CALCON MUTUAL MORTGAGE LLC | $295,000 | $160,000 | -45.8% | 0.1% |
City Bank | $155,000 | n/a | 0.1% | |
The Federal Savings Bank | $575,000 | $155,000 | -73.0% | 0.1% |
UNITED MORTGAGE CORP. | $155,000 | n/a | 0.1% | |
EVERETT FINANCIAL, INC. | $145,000 | n/a | 0.1% | |
SANDIA AREA | $145,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $135,000 | n/a | 0.0% | |
Discover Bank | $55,000 | $130,000 | 136.4% | 0.0% |
HOMESPIRE MORTGAGE CORPORATION | $125,000 | n/a | 0.0% | |
InterContinental Capital Group, Inc | $125,000 | n/a | 0.0% | |
Sierra Pacific Mortgage Company, Inc. | $125,000 | n/a | 0.0% | |
AMERICAN ADVISORS GROUP | $215,000 | $115,000 | -46.5% | 0.0% |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $115,000 | n/a | 0.0% | |
FIRST COMMUNITY MORTGAGE, INC. | $615,000 | $115,000 | -81.3% | 0.0% |
TIAA, FSB | $725,000 | $115,000 | -84.1% | 0.0% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $230,000 | $115,000 | -50.0% | 0.0% |
HOME POINT FINANCIAL CORPORATION | $660,000 | $105,000 | -84.1% | 0.0% |
LENDINGONE, LLC | $105,000 | n/a | 0.0% | |
MORIA DEVELOPMENT, INC. | $165,000 | $105,000 | -36.4% | 0.0% |
Nations Lending Corporation | $520,000 | $105,000 | -79.8% | 0.0% |
Ally Bank | $285,000 | $95,000 | -66.7% | 0.0% |
VELOCITY COMMERCIAL CAPITAL, LLC | $95,000 | n/a | 0.0% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $270,000 | $85,000 | -68.5% | 0.0% |
Rocky Mountain Mortgage Company | $75,000 | n/a | 0.0% |
Roswell's top lender by overall market share is QUICKEN LOANS, LLC, with 17.1% market share. In second place, with 13.2%, is CMG MORTGAGE, INC., having originated $36,370,000 in loans. In third place, with 9.3%, is AMCAP MORTGAGE, LTD., having originated $25,750,000 in loans. In fourth place, with 4.9%, is MICHIGAN MUTUAL, INC., having originated $13,605,000 in loans. In fifth place, with 4.7%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $13,060,000 in loans.
Roswell Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Roswell (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 | $159,975 (13.9%) | $201,217 (-66.0%) | 0.00 | 266 |
2018-02-01 | $165,000 (22.2%) | $202,459 (9.5%) | 0.00 | 268 |
2018-03-01 | $175,000 (25.0%) | $206,506 (8.5%) | 0.00 | 267 |
2018-04-01 | $185,000 (24.2%) | $213,523 (9.4%) | 0.00 | 269 |
2018-05-01 | $192,500 (35.6%) | $213,052 (9.6%) | 0.00 | 274 |
2018-06-01 | $184,000 (26.7%) | $213,088 (9.8%) | 0.00 | 294 |
2018-07-01 | $185,000 (20.9%) | $212,666 (6.7%) | 0.00 | 292 |
2018-08-01 | $185,000 (8.9%) | $211,783 (2.2%) | 0.00 | 277 |
2018-09-01 | $183,000 (12.6%) | $208,501 (5.9%) | 0.00 | 270 |
2018-10-01 | $182,500 (10.6%) | $204,263 (1.8%) | 0.00 | 261 |
2018-11-01 | $179,975 (9.1%) | $205,894 (2.5%) | 0.00 | 251 |
2018-12-01 | $189,000 (18.1%) | $219,913 (7.9%) | 0.00 | 241 |
2019-01-01 | $194,475 (21.6%) | $221,678 (10.2%) | 0.00 | 225 |
2019-02-01 | $201,375 (22.1%) | $222,540 (9.9%) | 0.00 | 215 |
2019-03-01 | $200,850 (14.8%) | $221,130 (7.1%) | 0.00 | 201 |
2019-04-01 | $193,238 (4.5%) | $222,472 (4.2%) | 0.00 | 200 |
2019-05-01 | $189,500 (-1.6%) | $218,059 (2.4%) | 0.00 | 198 |
2019-06-01 | $189,000 (2.7%) | $213,767 (0.3%) | 0.00 | 172 |
2019-07-01 | $181,225 (-2.0%) | $209,749 (-1.4%) | 0.00 | 155 |
2019-08-01 | $190,455 (3.0%) | $217,096 (2.5%) | 0.00 | 155 |
2019-09-01 | $198,636 (8.5%) | $226,495 (8.6%) | 0.00 | 155 |
2019-10-01 | $204,091 (11.8%) | $233,512 (14.3%) | 0.00 | 156 |
2019-11-01 | $209,500 (16.4%) | $242,619 (17.8%) | 0.00 | 155 |
2019-12-01 | $186,750 (-1.2%) | $228,888 (4.1%) | 0.00 | 144 |
2020-01-01 | $181,150 (-6.9%) | $215,423 (-2.8%) | 0.00 | 138 |
2020-02-01 | $191,250 (-5.0%) | $238,895 (7.4%) | 0.00 | 124 |
2020-03-01 | $179,975 (-10.4%) | $232,375 (5.1%) | 0.00 | 134 |
2020-04-01 | $206,250 (6.7%) | $245,687 (10.4%) | 0.00 | 135 |
2020-05-01 | $197,000 (4.0%) | $239,437 (9.8%) | 0.00 | 118 |
2020-06-01 | $205,750 (8.9%) | $240,884 (12.7%) | 0.00 | 116 |
2020-07-01 | $194,975 (7.6%) | $230,792 (10.0%) | 0.00 | 113 |
2020-08-01 | $180,000 (-5.5%) | $223,425 (2.9%) | 0.00 | 124 |
2020-09-01 | $176,250 (-11.3%) | $224,941 (-0.7%) | 0.00 | 120 |
2020-10-01 | $167,400 (-18.0%) | $214,743 (-8.0%) | 0.00 | 125 |
2020-11-01 | $164,975 (-21.3%) | $206,213 (-15.0%) | 0.00 | 124 |
2020-12-01 | $172,750 (-7.5%) | $216,641 (-5.4%) | 0.00 | 131 |
2021-01-01 | $165,000 (-8.9%) | $208,624 (-3.2%) | 0.00 | 113 |
2021-02-01 | $167,150 (-12.6%) | $217,466 (-9.0%) | 0.00 | 112 |
2021-03-01 | $189,750 (5.4%) | $238,236 (2.5%) | 0.00 | 106 |
2021-04-01 | $193,600 (-6.1%) | $234,416 (-4.6%) | 0.00 | 117 |
2021-05-01 | $199,900 (1.5%) | $246,221 (2.8%) | 0.00 | 123 |
2021-06-01 | $202,100 (-1.8%) | $249,458 (3.6%) | 0.00 | 135 |
2021-07-01 | $199,900 (2.5%) | $239,907 (4.0%) | 0.00 | 146 |
2021-08-01 | $199,975 (11.1%) | $234,365 (4.9%) | 0.00 | 165 |
2021-09-01 | $195,975 (11.2%) | $224,197 (-0.3%) | 0.00 | 157 |
2021-10-01 | $191,500 (14.4%) | $222,286 (3.5%) | 0.00 | 147 |
2021-11-01 | $202,500 (22.8%) | $238,891 (15.9%) | 0.00 | 136 |
2021-12-01 | $207,500 (20.1%) | $244,023 (12.6%) | 0.00 | 126 |
2022-01-01 | $230,000 (39.4%) | $258,235 (23.8%) | 0.00 | 127 |
2022-02-01 | $236,125 (41.3%) | $276,227 (27.0%) | 0.00 | 123 |
2022-03-01 | $226,500 (19.4%) | $271,723 (14.1%) | 0.00 | 124 |
2022-04-01 | $244,825 (26.5%) | $271,704 (15.9%) | 0.00 | 131 |
2022-05-01 | $253,750 (26.9%) | $291,347 (18.3%) | 0.00 | 145 |
2022-06-01 | $247,456 (22.4%) | $284,311 (14.0%) | 0.00 | 148 |
2022-07-01 | $241,000 (20.6%) | $278,459 (16.1%) | 0.00 | 169 |
2022-08-01 | $235,000 (17.5%) | $269,508 (15.0%) | 0.00 | 169 |
2022-09-01 | $235,000 (19.9%) | $272,775 (21.7%) | 0.00 | 169 |
2022-10-01 | $224,000 (17.0%) | $266,594 (19.9%) | 0.00 | 179 |
2022-11-01 | $225,000 (11.1%) | $274,290 (14.8%) | 0.00 | 179 |
2022-12-01 | $239,000 (15.2%) | $278,518 (14.1%) | 0.00 | 178 |
2023-01-01 | $237,000 (3.0%) | $288,226 (11.6%) | 0.00 | 166 |
2023-02-01 | $232,319 (-1.6%) | $280,303 (1.5%) | 0.00 | 152 |
Roswell's median listing price comes in at 0% of the national average.
Roswell's average listing price for 2023-02-01 was $280,303, a difference of $4,076 (1.5%) versus the prior year and $-7,923 versus the prior month.
For the 2023-02-01 period, Roswell had 152 MLS listings, a difference of -14 listings (-8%) versus the prior month and 29 listings (24%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Roswell (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,973 sqft |
2018-02-01 | 0 days | 1,981 sqft |
2018-03-01 | 0 days | 1,964 sqft |
2018-04-01 | 0 days | 1,978 sqft |
2018-05-01 | 0 days | 2,053 sqft |
2018-06-01 | 0 days | 2,026 sqft |
2018-07-01 | 0 days | 2,008 sqft |
2018-08-01 | 0 days | 1,942 sqft |
2018-09-01 | 0 days | 1,911 sqft |
2018-10-01 | 0 days | 1,911 sqft |
2018-11-01 | 0 days | 1,941 sqft |
2018-12-01 | 0 days | 1,973 sqft |
2019-01-01 | 0 days | 1,991 sqft |
2019-02-01 | 0 days | 2,007 sqft |
2019-03-01 | 0 days | 2,026 sqft |
2019-04-01 | 0 days | 2,049 sqft |
2019-05-01 | 0 days | 2,009 sqft |
2019-06-01 | 0 days | 2,000 sqft |
2019-07-01 | 0 days | 1,957 sqft |
2019-08-01 | 0 days | 1,984 sqft |
2019-09-01 | 0 days | 2,024 sqft |
2019-10-01 | 0 days | 2,061 sqft |
2019-11-01 | 0 days | 2,105 sqft |
2019-12-01 | 0 days | 1,909 sqft |
2020-01-01 | 0 days | 1,879 sqft |
2020-02-01 | 0 days | 1,935 sqft |
2020-03-01 | 0 days | 1,863 sqft |
2020-04-01 | 0 days | 1,974 sqft |
2020-05-01 | 0 days | 1,967 sqft |
2020-06-01 | 0 days | 1,990 sqft |
2020-07-01 | 0 days | 1,900 sqft |
2020-08-01 | 0 days | 1,866 sqft |
2020-09-01 | 0 days | 1,808 sqft |
2020-10-01 | 0 days | 1,729 sqft |
2020-11-01 | 0 days | 1,661 sqft |
2020-12-01 | 0 days | 1,711 sqft |
2021-01-01 | 0 days | 1,672 sqft |
2021-02-01 | 0 days | 1,720 sqft |
2021-03-01 | 0 days | 1,881 sqft |
2021-04-01 | 0 days | 1,892 sqft |
2021-05-01 | 0 days | 1,912 sqft |
2021-06-01 | 0 days | 1,889 sqft |
2021-07-01 | 0 days | 1,832 sqft |
2021-08-01 | 0 days | 1,805 sqft |
2021-09-01 | 0 days | 1,728 sqft |
2021-10-01 | 0 days | 1,731 sqft |
2021-11-01 | 0 days | 1,744 sqft |
2021-12-01 | 0 days | 1,753 sqft |
2022-01-01 | 0 days | 1,820 sqft |
2022-02-01 | 0 days | 1,902 sqft |
2022-03-01 | 0 days | 1,815 sqft |
2022-04-01 | 0 days | 1,815 sqft |
2022-05-01 | 0 days | 1,910 sqft |
2022-06-01 | 0 days | 1,875 sqft |
2022-07-01 | 0 days | 1,886 sqft |
2022-08-01 | 0 days | 1,842 sqft |
2022-09-01 | 0 days | 1,858 sqft |
2022-10-01 | 0 days | 1,889 sqft |
2022-11-01 | 0 days | 1,959 sqft |
2022-12-01 | 0 days | 1,930 sqft |
2023-01-01 | 0 days | 1,944 sqft |
2023-02-01 | 0 days | 1,923 sqft |
Roswell's median square footage for active listings during the 2023-02-01 period was 1,923 sqft. One year prior, the average listing was 1,902 sqft.
Roswell, NM Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 726 | $131,360,000 | $180,937 |
Refi | 517 | $90,575,000 | $175,193 |
Cash Out Refi | 268 | $52,720,000 | $196,716 |
Home Improvement | 12 | $1,300,000 | $108,333 |
Other | 8 | $510,000 | $63,750 |
Roswell's most frequently cited loan purpose was Home Purchase, with 726 originations. The 2nd most popular reason was Refi, with 517 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 598 | $113,440,000 | $189,699 |
2.5-3% | 509 | $95,685,000 | $187,986 |
<2.5% | 244 | $43,870,000 | $179,795 |
4-5% | 69 | $10,015,000 | $145,145 |
5-6% | 56 | $7,260,000 | $129,643 |
6-7% | 20 | $2,700,000 | $135,000 |
Over 8% | 19 | $2,055,000 | $108,158 |
7-8% | 14 | $1,210,000 | $86,429 |
During 2021, Roswell's most frequently originated rate bucket was 3-4%, with 598 originations.
Loan Sizing (Roswell, NM MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 745 | $111,085,000 | $149,107 |
$200k-400k | 448 | $119,380,000 | $266,473 |
$100,000 or less | 304 | $20,090,000 | $66,086 |
$400k-600k | 30 | $14,440,000 | $481,333 |
$600k-1000k | 2 | $1,460,000 | $730,000 |
$Over $1MM | 2 | $10,010,000 | $5,005,000 |
Roswell's loan sizing saw the bucket of loans from $100k-200k with 745 originations, totaling $111,085,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 751 | $143,455,000 | $191,019 |
60-80% | 439 | $87,505,000 | $199,328 |
40-60% | 138 | $19,250,000 | $139,493 |
Under 20% | 47 | $385,000 | $8,191 |
20-40% | 43 | $3,975,000 | $92,442 |
Over 100% | 18 | $4,340,000 | $241,111 |
Roswell's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 751 originations, totaling $143,455,000 in origination value.