Roswell Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Roswell averaged
6.01%
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
6.17% and
one month ago for the week of 2024-08-29, the
average rate was 6.14%.
Roswell's average rate one year ago was 7.3%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.52%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Roswell 30 Year Fixed Rate | 2024-10-03 | 6.01% |
Roswell 30 Year Fixed Rate Refi | 2024-10-03 | 6.52% |
Roswell 15 Year Fixed Rate | 2024-10-03 | 5.05% |
Roswell 15 Year Fixed Rate Refi | 2024-10-03 | 5.35% |
Roswell 30 Year FHA | 2024-10-03 | 5.69% |
Roswell 30 Year FHA Refi | 2024-10-03 | 5.69% |
Roswell 30 Year USDA | 2024-10-03 | 5.77% |
Roswell 30 Year USDA Refi | 2024-10-03 | 5.77% |
Roswell 30 Year VA | 2024-10-03 | 5.6% |
Roswell 30 Year VA Refi | 2024-10-03 | 5.4% |
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 53 lenders originated 708
loans during 2023. The total origination value was $117,890,000, with an average loan value of
$166,511.
Roswell's average closing costs are $5,407.
The top Roswell lender as defined by loan originations is QUICKEN LOANS, LLC, with
36 loans originated. Their average total fees are
$6,744, which is $8
higher than the next largest lender,
CMG MORTGAGE, INC..
The lowest fee Roswell lenders (with over 10 loans originated) are
AMCAP MORTGAGE, LTD. ($5,749), CMG MORTGAGE, INC. ($6,736), QUICKEN LOANS, LLC ($6,744), .
The lowest rate Roswell lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.66%), AMCAP MORTGAGE, LTD. (6.74%), CMG MORTGAGE, INC. (6.85%), .
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
QUICKEN LOANS, LLC | $22,705,000 | $15,655,000 | -31.1% | 13.3% |
AMCAP MORTGAGE, LTD. | $18,940,000 | $14,255,000 | -24.7% | 12.1% |
CMG MORTGAGE, INC. | $20,825,000 | $13,705,000 | -34.2% | 11.6% |
LOANDEPOT.COM, LLC | $11,290,000 | $8,490,000 | -24.8% | 7.2% |
Mortgage Research Center, LLC | $6,475,000 | $5,440,000 | -16.0% | 4.6% |
GUILD MORTGAGE COMPANY | $6,060,000 | $4,715,000 | -22.2% | 4.0% |
21ST MORTGAGE CORPORATION | $2,090,000 | $3,635,000 | 73.9% | 3.1% |
First American Bank | $3,740,000 | $2,835,000 | -24.2% | 2.4% |
Bank of the Southwest | $2,445,000 | n/a | 2.1% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $465,000 | $2,025,000 | 335.5% | 1.7% |
Prosperity Home Mortgage, LLC | $1,380,000 | $1,900,000 | 37.7% | 1.6% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,320,000 | $1,880,000 | 42.4% | 1.6% |
MICHIGAN MUTUAL, INC. | $3,870,000 | $1,835,000 | -52.6% | 1.6% |
NAVY FEDERAL CREDIT UNION | $600,000 | $1,595,000 | 165.8% | 1.4% |
BROKER SOLUTIONS, INC. | $1,115,000 | $1,485,000 | 33.2% | 1.3% |
Pioneer Bank | $5,745,000 | $1,440,000 | -74.9% | 1.2% |
UNITED WHOLESALE MORTGAGE, LLC | $5,755,000 | $1,330,000 | -76.9% | 1.1% |
BMO Harris Bank | $1,255,000 | n/a | 1.1% | |
Wells Fargo Bank | $4,595,000 | $1,245,000 | -72.9% | 1.1% |
Mr. Cooper ( Nationstar Mortgage ) | $1,805,000 | $1,150,000 | -36.3% | 1.0% |
Washington Federal Bank | $5,040,000 | $1,125,000 | -77.7% | 1.0% |
USAA Federal Savings Bank | $735,000 | $1,080,000 | 46.9% | 0.9% |
PENNYMAC LOAN SERVICES, LLC | $440,000 | $925,000 | 110.2% | 0.8% |
Loan Simple, Inc. | $145,000 | $900,000 | 520.7% | 0.8% |
Arbor Realty Trust, Inc. | $835,000 | n/a | 0.7% | |
PNC Bank | $820,000 | n/a | 0.7% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $730,000 | n/a | 0.6% | |
BOKF | $80,000 | $710,000 | 787.5% | 0.6% |
JPMorgan Chase Bank | $685,000 | $705,000 | 2.9% | 0.6% |
AMERISAVE MORTGAGE CORPORATION | $1,820,000 | $700,000 | -61.5% | 0.6% |
CARDINAL FINANCIAL | $485,000 | $670,000 | 38.1% | 0.6% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $470,000 | $655,000 | 39.4% | 0.6% |
The Federal Savings Bank | $580,000 | $650,000 | 12.1% | 0.6% |
Bank of America | $310,000 | $625,000 | 101.6% | 0.5% |
DIRECTORS MORTGAGE, INC. | $585,000 | n/a | 0.5% | |
PLAZA HOME MORTGAGE, INC. | $1,015,000 | $575,000 | -43.3% | 0.5% |
City Bank | $525,000 | n/a | 0.4% | |
LAKEVIEW LOAN SERVICING, LLC | $875,000 | $500,000 | -42.9% | 0.4% |
LOANPAL, LLC | $1,120,000 | $495,000 | -55.8% | 0.4% |
FREEDOM MORTGAGE CORPORATION | $1,545,000 | $455,000 | -70.6% | 0.4% |
Truist | $425,000 | n/a | 0.4% | |
SOUTHWEST STAGE FUNDING, LLC | $410,000 | n/a | 0.3% | |
SUN AMERICAN MORTGAGE COMPANY | $405,000 | n/a | 0.3% | |
GENEVA FINANCIAL, LLC | $1,320,000 | $400,000 | -69.7% | 0.3% |
Farm Credit Mid-America, ACA | $215,000 | $385,000 | 79.1% | 0.3% |
SUN WEST MORTGAGE COMPANY, INC. | $380,000 | n/a | 0.3% | |
CROSSCOUNTRY MORTGAGE, LLC | $935,000 | $375,000 | -59.9% | 0.3% |
Barrington Bank & Trust Company, N.A. | $165,000 | $370,000 | 124.2% | 0.3% |
NEW DAY FINANCIAL, LLC | $760,000 | $370,000 | -51.3% | 0.3% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $165,000 | $345,000 | 109.1% | 0.3% |
Coastal Community Bank | $340,000 | n/a | 0.3% | |
SANDIA LABORATORY | $55,000 | $335,000 | 509.1% | 0.3% |
PENTAGON FEDERAL CREDIT UNION | $175,000 | $330,000 | 88.6% | 0.3% |
AMERICAN FINANCIAL NETWORK, INC. | $325,000 | n/a | 0.3% | |
West Gate Bank | $325,000 | n/a | 0.3% | |
U.S. Bank | $1,625,000 | $320,000 | -80.3% | 0.3% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $225,000 | $315,000 | 40.0% | 0.3% |
Mid-Continent Funding, Inc. | $315,000 | n/a | 0.3% | |
Nations Lending Corporation | $175,000 | $310,000 | 77.1% | 0.3% |
Century Mortgage Company DBA Century Lending Company | $165,000 | $295,000 | 78.8% | 0.3% |
RELIANCE FIRST CAPITAL, LLC | $290,000 | n/a | 0.2% | |
Figure Lending LLC | $55,000 | $280,000 | 409.1% | 0.2% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $380,000 | $280,000 | -26.3% | 0.2% |
Morgan Stanley Private Bank | $255,000 | n/a | 0.2% | |
F & M Bank | $655,000 | $245,000 | -62.6% | 0.2% |
First National Bank Texas | $185,000 | $240,000 | 29.7% | 0.2% |
Sierra Pacific Mortgage Company, Inc. | $410,000 | $235,000 | -42.7% | 0.2% |
Discover Bank | $55,000 | $225,000 | 309.1% | 0.2% |
SPRING EQ, LLC | $55,000 | $205,000 | 272.7% | 0.2% |
ZILLOW HOME LOANS, LLC | $1,010,000 | $205,000 | -79.7% | 0.2% |
Carrington Mortgage Services, LLC | $240,000 | $195,000 | -18.8% | 0.2% |
COUNTRYPLACE MORTGAGE, LTD. | $195,000 | n/a | 0.2% | |
NUSENDA | $335,000 | $195,000 | -41.8% | 0.2% |
TOP FLITE FINANCIAL, INC. | $195,000 | n/a | 0.2% | |
Citizens Bank of Las Cruces | $175,000 | n/a | 0.1% | |
CLEARPATH LENDING | $175,000 | n/a | 0.1% | |
PHH Mortgage Corporation | $275,000 | $175,000 | -36.4% | 0.1% |
Waterstone Mortgage Corporation | $530,000 | $165,000 | -68.9% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $115,000 | $155,000 | 34.8% | 0.1% |
LIMA ONE CAPITAL, LLC | $155,000 | n/a | 0.1% | |
Paramount Residential Mortgage Group, Inc. | $1,495,000 | $155,000 | -89.6% | 0.1% |
PLANET HOME LENDING, LLC | $155,000 | n/a | 0.1% | |
BETTER MORTGAGE CORPORATION | $405,000 | $145,000 | -64.2% | 0.1% |
CRESCENT MORTGAGE COMPANY | $145,000 | n/a | 0.1% | |
POLARIS HOME FUNDING CORP. | $145,000 | n/a | 0.1% | |
The Central Trust Bank | $145,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $75,000 | $140,000 | 86.7% | 0.1% |
BELEM SERVICING LLC | $130,000 | n/a | 0.1% | |
MASON MCDUFFIE MORTGAGE CORPORATION | $125,000 | n/a | 0.1% | |
Signature Federal Credit Union | $125,000 | n/a | 0.1% | |
CHEVRON | $115,000 | n/a | 0.1% | |
HOMEOWNERS FINANCIAL GROUP USA, LLC | $115,000 | n/a | 0.1% | |
TRIAD FINANCIAL SERVICES, INC. | $465,000 | $115,000 | -75.3% | 0.1% |
TEMPLE VIEW CAPITAL FUNDING, LP | $105,000 | n/a | 0.1% | |
AMERICAN FINANCING CORPORATION | $1,220,000 | $95,000 | -92.2% | 0.1% |
NEWREZ LLC | $640,000 | $95,000 | -85.2% | 0.1% |
DOMINION FINANCIAL SERVICES, LLC | $85,000 | n/a | 0.1% | |
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $85,000 | n/a | 0.1% | |
HOMESPIRE MORTGAGE CORPORATION | $85,000 | n/a | 0.1% | |
LONGBRIDGE FINANCIAL, LLC | $85,000 | n/a | 0.1% | |
HOMESIDE FINANCIAL, LLC | $75,000 | n/a | 0.1% | |
MOVEMENT MORTGAGE, LLC | $540,000 | $55,000 | -89.8% | 0.0% |
Roswell's top lender by overall market share is QUICKEN LOANS, LLC, with 13.3% market share. In second place, with 12.1%, is AMCAP MORTGAGE, LTD., having originated $14,255,000 in loans. In third place, with 11.6%, is CMG MORTGAGE, INC., having originated $13,705,000 in loans. In fourth place, with 7.2%, is LOANDEPOT.COM, LLC, having originated $8,490,000 in loans. In fifth place, with 4.6%, is Mortgage Research Center, LLC, having originated $5,440,000 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 | $160,000 (13.9%) | $205,581 (-65.3%) | 0.00 | 268 |
2018-02-01 | $165,750 (22.6%) | $206,463 (9.6%) | 0.00 | 270 |
2018-03-01 | $178,000 (27.1%) | $211,054 (8.8%) | 0.00 | 269 |
2018-04-01 | $185,450 (24.5%) | $217,860 (9.6%) | 0.00 | 271 |
2018-05-01 | $194,875 (36.6%) | $217,292 (9.7%) | 0.00 | 276 |
2018-06-01 | $186,250 (27.5%) | $218,168 (10.4%) | 0.00 | 296 |
2018-07-01 | $185,000 (19.6%) | $217,556 (7.3%) | 0.00 | 295 |
2018-08-01 | $185,225 (9.0%) | $217,005 (3.1%) | 0.00 | 280 |
2018-09-01 | $184,000 (12.4%) | $212,995 (7.1%) | 0.00 | 272 |
2018-10-01 | $182,500 (10.6%) | $204,263 (-0.1%) | 0.00 | 261 |
2018-11-01 | $181,250 (9.5%) | $206,999 (1.1%) | 0.00 | 252 |
2018-12-01 | $189,000 (18.1%) | $223,099 (7.3%) | 0.00 | 243 |
2019-01-01 | $196,225 (22.6%) | $225,007 (9.5%) | 0.00 | 227 |
2019-02-01 | $203,875 (23.0%) | $225,947 (9.4%) | 0.00 | 217 |
2019-03-01 | $203,068 (14.1%) | $224,660 (6.5%) | 0.00 | 203 |
2019-04-01 | $194,413 (4.8%) | $225,585 (3.6%) | 0.00 | 202 |
2019-05-01 | $189,750 (-2.6%) | $220,991 (1.7%) | 0.00 | 199 |
2019-06-01 | $189,950 (2.0%) | $217,856 (-0.1%) | 0.00 | 174 |
2019-07-01 | $183,475 (-0.8%) | $214,217 (-1.5%) | 0.00 | 157 |
2019-08-01 | $192,182 (3.8%) | $221,455 (2.1%) | 0.00 | 157 |
2019-09-01 | $199,955 (8.7%) | $230,950 (8.4%) | 0.00 | 157 |
2019-10-01 | $205,136 (12.4%) | $237,280 (16.2%) | 0.00 | 158 |
2019-11-01 | $209,700 (15.7%) | $243,875 (17.8%) | 0.00 | 156 |
2019-12-01 | $186,750 (-1.2%) | $228,888 (2.6%) | 0.00 | 144 |
2020-01-01 | $181,150 (-7.7%) | $215,423 (-4.3%) | 0.00 | 138 |
2020-02-01 | $191,250 (-6.2%) | $238,895 (5.7%) | 0.00 | 124 |
2020-03-01 | $179,975 (-11.4%) | $232,375 (3.4%) | 0.00 | 134 |
2020-04-01 | $206,250 (6.1%) | $245,687 (8.9%) | 0.00 | 135 |
2020-05-01 | $197,000 (3.8%) | $239,437 (8.4%) | 0.00 | 118 |
2020-06-01 | $205,750 (8.3%) | $240,884 (10.6%) | 0.00 | 116 |
2020-07-01 | $194,975 (6.3%) | $230,792 (7.7%) | 0.00 | 113 |
2020-08-01 | $180,000 (-6.3%) | $223,425 (0.9%) | 0.00 | 124 |
2020-09-01 | $176,250 (-11.9%) | $224,941 (-2.6%) | 0.00 | 120 |
2020-10-01 | $167,400 (-18.4%) | $214,743 (-9.5%) | 0.00 | 125 |
2020-11-01 | $164,975 (-21.3%) | $206,213 (-15.4%) | 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 |
2023-03-01 | $246,913 (9.0%) | $284,274 (4.6%) | 0.00 | 143 |
2023-04-01 | $269,450 (10.1%) | $297,073 (9.3%) | 0.00 | 137 |
2023-05-01 | $295,000 (16.3%) | $309,704 (6.3%) | 0.00 | 91 |
2023-06-01 | $260,000 (5.1%) | $297,065 (4.5%) | 0.00 | 107 |
2023-07-01 | $249,500 (3.5%) | $299,671 (7.6%) | 0.00 | 103 |
2023-08-01 | $240,000 (2.1%) | $285,382 (5.9%) | 0.00 | 122 |
2023-09-01 | $233,000 (-0.9%) | $278,203 (2.0%) | 0.00 | 131 |
2023-10-01 | $220,500 (-1.6%) | $271,251 (1.8%) | 0.00 | 139 |
2023-11-01 | $220,250 (-2.1%) | $278,910 (1.7%) | 0.00 | 145 |
2023-12-01 | $220,000 (-8.0%) | $284,900 (2.3%) | 0.00 | 144 |
2024-01-01 | $220,250 (-7.1%) | $283,239 (-1.7%) | 0.00 | 152 |
2024-02-01 | $225,000 (-3.2%) | $284,526 (1.5%) | 0.00 | 147 |
2024-03-01 | $239,000 (-3.2%) | $289,941 (2.0%) | 0.00 | 147 |
2024-04-01 | $262,475 (-2.6%) | $303,487 (2.2%) | 0.00 | 149 |
2024-05-01 | $271,250 (-8.1%) | $310,809 (0.4%) | 0.00 | 158 |
2024-06-01 | $279,450 (7.5%) | $318,717 (7.3%) | 0.00 | 167 |
2024-07-01 | $293,450 (17.6%) | $321,107 (7.2%) | 0.00 | 186 |
2024-08-01 | $279,900 (16.6%) | $319,571 (12.0%) | 0.00 | 193 |
2024-09-01 | $283,200 (21.6%) | $324,580 (16.7%) | 0.00 | 192 |
Roswell's median listing price comes in at 0% of the national average.
Roswell's average listing price for 2024-09-01 was $324,580, a difference of $46,377 (16.7%) versus the prior year and $5,009 versus the prior month.
For the 2024-09-01 period, Roswell had 192 MLS listings, a difference of -1 listings (-1%) versus the prior month and 61 listings (47%) 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 | 1,965 sqft |
2018-02-01 | 0 days | 1,969 sqft |
2018-03-01 | 0 days | 1,958 sqft |
2018-04-01 | 0 days | 1,973 sqft |
2018-05-01 | 0 days | 2,048 sqft |
2018-06-01 | 0 days | 2,017 sqft |
2018-07-01 | 0 days | 1,993 sqft |
2018-08-01 | 0 days | 1,938 sqft |
2018-09-01 | 0 days | 1,910 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 | 1,988 sqft |
2019-02-01 | 0 days | 1,998 sqft |
2019-03-01 | 0 days | 2,016 sqft |
2019-04-01 | 0 days | 2,037 sqft |
2019-05-01 | 0 days | 2,008 sqft |
2019-06-01 | 0 days | 2,000 sqft |
2019-07-01 | 0 days | 1,947 sqft |
2019-08-01 | 0 days | 1,977 sqft |
2019-09-01 | 0 days | 2,016 sqft |
2019-10-01 | 0 days | 2,056 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 |
2023-03-01 | 0 days | 1,965 sqft |
2023-04-01 | 0 days | 2,105 sqft |
2023-05-01 | 0 days | 2,154 sqft |
2023-06-01 | 0 days | 2,095 sqft |
2023-07-01 | 0 days | 2,154 sqft |
2023-08-01 | 0 days | 2,073 sqft |
2023-09-01 | 0 days | 1,965 sqft |
2023-10-01 | 0 days | 1,927 sqft |
2023-11-01 | 0 days | 1,824 sqft |
2023-12-01 | 0 days | 1,766 sqft |
2024-01-01 | 0 days | 1,776 sqft |
2024-02-01 | 0 days | 1,760 sqft |
2024-03-01 | 0 days | 1,800 sqft |
2024-04-01 | 0 days | 1,875 sqft |
2024-05-01 | 0 days | 1,981 sqft |
2024-06-01 | 0 days | 1,994 sqft |
2024-07-01 | 0 days | 1,989 sqft |
2024-08-01 | 0 days | 1,981 sqft |
2024-09-01 | 0 days | 1,968 sqft |
Roswell's median square footage for active listings during the 2024-09-01 period was 1,968 sqft. One year prior, the average listing was 1,965 sqft.
Roswell, NM Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 533 | $92,275,000 | $173,124 |
Cash Out Refi | 93 | $15,825,000 | $170,161 |
Refi | 46 | $6,980,000 | $151,739 |
Other | 20 | $1,290,000 | $64,500 |
Home Improvement | 15 | $1,365,000 | $91,000 |
NA | 1 | $155,000 | $155,000 |
Roswell's most frequently cited loan purpose was Home Purchase, with 533 originations. The 2nd most popular reason was Cash Out Refi, with 93 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 227 | $46,775,000 | $206,057 |
7-8% | 159 | $27,605,000 | $173,616 |
5-6% | 154 | $28,840,000 | $187,273 |
Over 8% | 128 | $9,200,000 | $71,875 |
<2.5% | 10 | $120,000 | $12,000 |
4-5% | 7 | $1,425,000 | $203,571 |
During 2023, Roswell's most frequently originated rate bucket was 6-7%, with 227 originations.
Loan Sizing (Roswell, NM MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 297 | $43,985,000 | $148,098 |
$100,000 or less | 196 | $9,110,000 | $46,480 |
$200k-400k | 192 | $51,970,000 | $270,677 |
$400k-600k | 20 | $9,260,000 | $463,000 |
$Over $1MM | 2 | $2,730,000 | $1,365,000 |
$600k-1000k | 1 | $835,000 | $835,000 |
Roswell's loan sizing saw the bucket of loans from $100k-200k with 297 originations, totaling $43,985,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 390 | $78,160,000 | $200,410 |
60-80% | 129 | $22,485,000 | $174,302 |
Under 20% | 86 | $1,070,000 | $12,442 |
40-60% | 29 | $4,075,000 | $140,517 |
20-40% | 28 | $2,280,000 | $81,429 |
Over 100% | 19 | $5,085,000 | $267,632 |
Roswell's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 390 originations, totaling $78,160,000 in origination value.