Roswell Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Roswell averaged 6.89% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.77% and one month ago for the week of 2024-03-14, the average rate was 6.53%.

    Roswell's average rate one year ago was 6.26%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Roswell 30 Year Fixed Rate 2024-04-18 6.89%
    Roswell 30 Year Fixed Rate Refi 2024-04-18 7%
    Roswell 15 Year Fixed Rate 2024-04-18 6.19%
    Roswell 15 Year Fixed Rate Refi 2024-04-18 6.99%
    Roswell 30 Year FHA 2024-04-18 6.66%
    Roswell 30 Year FHA Refi 2024-04-18 6.96%
    Roswell 30 Year USDA 2024-04-18 6.66%
    Roswell 30 Year USDA Refi 2024-04-18 6.96%
    Roswell 30 Year VA 2024-04-18 6.96%
    Roswell 30 Year VA Refi 2024-04-18 6.96%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Roswell, NM.

    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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 36 6.66% $6,744
    CMG MORTGAGE, INC. 30 6.85% $6,736
    AMCAP MORTGAGE, LTD. 26 6.74% $5,749
    MICHIGAN MUTUAL, INC. 8 6.95% $6,307
    LOANDEPOT.COM, LLC 8 7.01% $7,042
    GUILD MORTGAGE COMPANY 6 6.71% $6,474
    Wells Fargo Bank 6 6.60% $3,488
    AMERISAVE MORTGAGE CORPORATION 4 6.31% $6,880
    Washington Federal Bank 4 7.28% $4,194
    UNITED WHOLESALE MORTGAGE, LLC 3 6.67% $4,613
    JPMorgan Chase Bank 3 7.29% $6,027
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.58% $4,851
    Mr. Cooper ( Nationstar Mortgage ) 3 7.08% $6,354
    USAA Federal Savings Bank 3 6.71% $6,099
    First American Bank 3 7.46% $4,489
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.79% $3,901
    21ST MORTGAGE CORPORATION 2 8.86% $6,013
    BELEM SERVICING LLC 2 7.50% $4,703
    BOKF 2 6.81% $4,831
    BROKER SOLUTIONS, INC. 2 7.13% $4,824
    NAVY FEDERAL CREDIT UNION 2 6.38% $1,631
    PNC Bank 2 6.13% $3,662
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.50% $10,026
    Prosperity Home Mortgage, LLC 2 6.56% $4,456
    SANDIA LABORATORY 2 6.75% $2,963
    HOMESIDE FINANCIAL, LLC 1 7.50% $4,604
    HOMESPIRE MORTGAGE CORPORATION 1 6.00% $4,101
    DIRECTORS MORTGAGE, INC. 1 6.85% $6,922
    LAKEVIEW LOAN SERVICING, LLC 1 6.13% $6,738
    CROSSCOUNTRY MORTGAGE, LLC 1 7.63% $4,236
    Loan Simple, Inc. 1 0.00% $134
    MASON MCDUFFIE MORTGAGE CORPORATION 1 6.99% $5,707
    CRESCENT MORTGAGE COMPANY 1 6.63% $4,098
    Mortgage Research Center, LLC 1 6.63% $5,669
    MOVEMENT MORTGAGE, LLC 1 6.75% $3,647
    City Bank 1 7.63% $14,464
    Bank of America 1 6.13% $8,664
    NUSENDA 1 5.88% $5,939
    Pioneer Bank 1 8.00% $2,759
    U.S. Bank 1 6.75% $0
    Citizens Bank of Las Cruces 1 7.25% $2,419
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.50% $2,969
    AMERICAN FINANCING CORPORATION 1 6.75% $5,255
    Century Mortgage Company DBA Century Lending Company 1 7.38% $10,769
    West Gate Bank 1 7.00% $1,888
    The Central Trust Bank 1 5.75% $1,428
    Truist 1 5.75% $8,642
    CARDINAL FINANCIAL 1 4.99% $8,412
    Farm Credit Mid-America, ACA 1 6.88% $6,041
    F & M Bank 1 6.88% $7,001
    Discover Bank 1 8.24% $0
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.00% $10,114
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 5.99% $6,503

    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. Louis
    Date 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
    Roswell's median listing price for 2024-03-01 was $239,000, a difference of $-7,913 (-3.2%) versus the prior year and $14,000 versus the prior month.

    Roswell's median listing price comes in at 0% of the national average.

    Roswell's average listing price for 2024-03-01 was $289,941, a difference of $5,667 (2.0%) versus the prior year and $5,415 versus the prior month.

    For the 2024-03-01 period, Roswell had 147 MLS listings, a difference of 0 listings (0%) versus the prior month and 4 listings (3%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Roswell (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date 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
    Roswell's median listing age (time on market) for 2024-03-01 was 0 days.

    Roswell's median square footage for active listings during the 2024-03-01 period was 1,800 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.