Russellville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Russellville averaged
6.69%
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
6.92% and
one month ago for the week of 2023-02-09, the
average rate was 6.11%.
Russellville's average rate one year ago was 3.67%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.67%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Russellville 30 Year Fixed Rate | 2023-03-16 | 6.69% |
Russellville 30 Year Fixed Rate Refi | 2023-03-16 | 6.67% |
Russellville 15 Year Fixed Rate | 2023-03-16 | 6.19% |
Russellville 15 Year Fixed Rate Refi | 2023-03-16 | 6.48% |
Russellville 30 Year FHA | 2023-03-16 | 6.22% |
Russellville 30 Year FHA Refi | 2023-03-16 | 6.4% |
Russellville 30 Year USDA | 2023-03-16 | 6.5% |
Russellville 30 Year USDA Refi | 2023-03-16 | 6.35% |
Russellville 30 Year VA | 2023-03-16 | 6.43% |
Russellville 30 Year VA Refi | 2023-03-16 | 6.06% |
Russellville 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 Russellville, AR 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.).
Russellville Average Closing Costs & Other Stats
Russellville, AR's 85 lenders originated 1,667
loans during 2022. The total origination value was $281,375,000, with an average loan value of
$168,791.
Russellville's average closing costs are $3,755.
The top Russellville lender as defined by loan originations is Arvest Bank, with
124 loans originated. Their average total fees are
$2,982, which is $35
higher than the next largest lender,
GMFS LLC.
The lowest fee Russellville lenders (with over 10 loans originated) are
Regions Bank ($2,236), Gateway First Bank ($2,240), Simmons Bank ($2,468), Centennial Bank ($2,782) and GMFS LLC ($2,947).
The lowest rate Russellville lenders (with over 10 loans originated) are
First Security Bank (4.15%), GMFS LLC (4.36%), Gateway First Bank (4.44%), Regions Bank (4.45%) and Chambers Bank (4.51%).
Russellville, AR 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
Arvest Bank | $72,440,000 | $54,285,000 | -25.1% | 19.3% |
First Security Bank | $23,400,000 | $26,720,000 | 14.2% | 9.5% |
QUICKEN LOANS, LLC | $34,550,000 | $16,175,000 | -53.2% | 5.7% |
GMFS LLC | $33,370,000 | $15,870,000 | -52.4% | 5.6% |
Chambers Bank | $21,335,000 | $13,620,000 | -36.2% | 4.8% |
Simmons Bank | $14,055,000 | $13,065,000 | -7.0% | 4.6% |
ENCORE BANK | $12,965,000 | n/a | 4.6% | |
Centennial Bank | $14,655,000 | $11,400,000 | -22.2% | 4.1% |
Regions Bank | $12,085,000 | $9,975,000 | -17.5% | 3.5% |
UNION HOME MORTGAGE CORP. | $21,510,000 | $8,810,000 | -59.0% | 3.1% |
Mortgage Research Center, LLC | $9,075,000 | $7,205,000 | -20.6% | 2.6% |
Bank of England | $22,255,000 | $6,270,000 | -71.8% | 2.2% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,405,000 | $4,860,000 | 245.9% | 1.7% |
Farm Credit Services of Western Arkansas, ACA | $1,920,000 | $3,395,000 | 76.8% | 1.2% |
Diamond Bank | $3,940,000 | $3,330,000 | -15.5% | 1.2% |
U.S. Bank | $3,405,000 | $2,985,000 | -12.3% | 1.1% |
United Fidelity Funding Corp. | $4,690,000 | $2,895,000 | -38.3% | 1.0% |
LOANDEPOT.COM, LLC | $2,970,000 | $2,445,000 | -17.7% | 0.9% |
MORTGAGE ACCESS CORP. | $3,620,000 | $2,375,000 | -34.4% | 0.8% |
NAVY FEDERAL CREDIT UNION | $3,230,000 | $2,120,000 | -34.4% | 0.8% |
USAA Federal Savings Bank | $1,955,000 | $2,020,000 | 3.3% | 0.7% |
21ST MORTGAGE CORPORATION | $3,040,000 | $2,000,000 | -34.2% | 0.7% |
Gateway First Bank | $2,620,000 | $1,985,000 | -24.2% | 0.7% |
PENNYMAC LOAN SERVICES, LLC | $2,810,000 | $1,975,000 | -29.7% | 0.7% |
FREEDOM MORTGAGE CORPORATION | $5,995,000 | $1,830,000 | -69.5% | 0.7% |
Wells Fargo Bank | $3,790,000 | $1,810,000 | -52.2% | 0.6% |
FirstTrust Home Loans, Inc. | $2,030,000 | $1,780,000 | -12.3% | 0.6% |
THRIVE MORTGAGE, LLC | $1,715,000 | n/a | 0.6% | |
Mr. Cooper ( Nationstar Mortgage ) | $3,895,000 | $1,695,000 | -56.5% | 0.6% |
Eagle Bank and Trust Company | $3,025,000 | $1,455,000 | -51.9% | 0.5% |
CORNERSTONE HOME LENDING, INC. | $1,315,000 | $1,425,000 | 8.4% | 0.5% |
Bank OZK | $2,140,000 | $1,395,000 | -34.8% | 0.5% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $75,000 | $1,355,000 | 1,706.7% | 0.5% |
TELCOE FEDERAL CREDIT UNION | $2,230,000 | $1,350,000 | -39.5% | 0.5% |
AMERISAVE MORTGAGE CORPORATION | $2,175,000 | $1,270,000 | -41.6% | 0.5% |
ARKANSAS Federal Credit Union | $1,835,000 | $1,220,000 | -33.5% | 0.4% |
INTERLINC MORTGAGE SERVICES, LLC | $1,020,000 | n/a | 0.4% | |
CALIBER HOME LOANS, INC. | $1,235,000 | $990,000 | -19.8% | 0.4% |
NEW DAY FINANCIAL, LLC | $1,705,000 | $975,000 | -42.8% | 0.3% |
FLAT BRANCH MORTGAGE, INC. | $900,000 | $860,000 | -4.4% | 0.3% |
Paramount Residential Mortgage Group, Inc. | $85,000 | $835,000 | 882.4% | 0.3% |
GERSHMAN INVESTMENT CORP. | $385,000 | $705,000 | 83.1% | 0.3% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $945,000 | $705,000 | -25.4% | 0.3% |
First Community Bank | $570,000 | $700,000 | 22.8% | 0.2% |
STOCKTON MORTGAGE CORPORATION | $700,000 | n/a | 0.2% | |
TRIAD FINANCIAL SERVICES, INC. | $955,000 | $695,000 | -27.2% | 0.2% |
LOANPAL, LLC | $680,000 | n/a | 0.2% | |
JPMorgan Chase Bank | $1,655,000 | $660,000 | -60.1% | 0.2% |
UNITED BUILT HOMES, L.L.C. | $540,000 | $650,000 | 20.4% | 0.2% |
AMERICAN FINANCING CORPORATION | $325,000 | $595,000 | 83.1% | 0.2% |
BROKER SOLUTIONS, INC. | $580,000 | $585,000 | 0.9% | 0.2% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $870,000 | $585,000 | -32.8% | 0.2% |
Flagstar Bank, FSB | $260,000 | $565,000 | 117.3% | 0.2% |
Hamilton Mortgage Corporation | $245,000 | $555,000 | 126.5% | 0.2% |
PILGRIM MORTGAGE LLC | $280,000 | $540,000 | 92.9% | 0.2% |
UNITED | $270,000 | $535,000 | 98.1% | 0.2% |
SENTE MORTGAGE, INC. | $265,000 | $530,000 | 100.0% | 0.2% |
Carrington Mortgage Services, LLC | $2,070,000 | $515,000 | -75.1% | 0.2% |
MID AMERICA MORTGAGE, INC. | $515,000 | n/a | 0.2% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $390,000 | $510,000 | 30.8% | 0.2% |
Citizens Bank | $820,000 | $490,000 | -40.2% | 0.2% |
PNC Bank | $130,000 | $445,000 | 242.3% | 0.2% |
GSF Mortgage Corporation | $310,000 | $420,000 | 35.5% | 0.1% |
SOFI LENDING CORP. | $415,000 | n/a | 0.1% | |
AMERICAN FINANCIAL RESOURCES, INC. | $95,000 | $410,000 | 331.6% | 0.1% |
DAS Acquisition Company, LLC | $800,000 | $410,000 | -48.8% | 0.1% |
First Guaranty Mortgage Corporation | $300,000 | $400,000 | 33.3% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $355,000 | $400,000 | 12.7% | 0.1% |
SOUTHWEST FUNDING, LP | $395,000 | n/a | 0.1% | |
First Financial Bank | $690,000 | $390,000 | -43.5% | 0.1% |
UNITED WHOLESALE MORTGAGE, LLC | $1,035,000 | $390,000 | -62.3% | 0.1% |
Bank of America | $420,000 | $385,000 | -8.3% | 0.1% |
RIVERLAND FEDERAL CREDIT UNION | $280,000 | $385,000 | 37.5% | 0.1% |
Central Bank | $345,000 | n/a | 0.1% | |
NEWREZ LLC | $1,550,000 | $335,000 | -78.4% | 0.1% |
The Farmers & Merchants Bank | $335,000 | n/a | 0.1% | |
LAKEVIEW LOAN SERVICING, LLC | $860,000 | $330,000 | -61.6% | 0.1% |
Sierra Pacific Mortgage Company, Inc. | $685,000 | $330,000 | -51.8% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $530,000 | $325,000 | -38.7% | 0.1% |
The Central Trust Bank | $315,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $370,000 | $305,000 | -17.6% | 0.1% |
NBKC BANK | $195,000 | $295,000 | 51.3% | 0.1% |
ENDEAVOR CAPITAL, LLC. | $280,000 | n/a | 0.1% | |
FOUR POINTS | $545,000 | $275,000 | -49.5% | 0.1% |
PLANET HOME LENDING, LLC | $260,000 | n/a | 0.1% | |
United Community Bank | $260,000 | n/a | 0.1% | |
Equity Bank | $145,000 | $255,000 | 75.9% | 0.1% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,435,000 | $250,000 | -82.6% | 0.1% |
Discover Bank | $35,000 | $235,000 | 571.4% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $85,000 | $235,000 | 176.5% | 0.1% |
Amerifirst Financial, Inc. | $135,000 | $225,000 | 66.7% | 0.1% |
The Federal Savings Bank | $910,000 | $225,000 | -75.3% | 0.1% |
POLARIS HOME FUNDING CORP. | $220,000 | n/a | 0.1% | |
BAY EQUITY LLC | $215,000 | n/a | 0.1% | |
BOKF | $270,000 | $215,000 | -20.4% | 0.1% |
LIBERTY HOME MORTGAGE CORPORATION | $215,000 | n/a | 0.1% | |
MEMBER FIRST MORTGAGE, LLC | $265,000 | $215,000 | -18.9% | 0.1% |
MORTGAGEONE, INC. | $215,000 | n/a | 0.1% | |
Truist | $215,000 | n/a | 0.1% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $350,000 | $200,000 | -42.9% | 0.1% |
SIRVA MORTGAGE, INC. | $195,000 | n/a | 0.1% | |
LIMA ONE CAPITAL, LLC | $190,000 | n/a | 0.1% | |
Wyndham Capital Mortgage, Inc. | $185,000 | n/a | 0.1% | |
AmeriHome Mortgage Company, LLC | $175,000 | n/a | 0.1% | |
Horizon Bank | $175,000 | n/a | 0.1% | |
Commerce Home Mortgage, Inc. | $165,000 | n/a | 0.1% | |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $865,000 | $165,000 | -80.9% | 0.1% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $155,000 | n/a | 0.1% | |
BANK OF LITTLE ROCK MORTGAGE CORPORATION | $155,000 | n/a | 0.1% | |
Citizens' Bank & Trust Co. | $155,000 | n/a | 0.1% | |
RESIDENTIAL BANCORP. | $155,000 | n/a | 0.1% | |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $145,000 | n/a | 0.1% | |
GUILD MORTGAGE COMPANY | $770,000 | $145,000 | -81.2% | 0.1% |
KITSAP Credit Union | $145,000 | n/a | 0.1% | |
LONGBRIDGE FINANCIAL, LLC | $95,000 | $145,000 | 52.6% | 0.1% |
Sunflower Bank | $145,000 | n/a | 0.1% | |
SPRING EQ, LLC | $110,000 | $140,000 | 27.3% | 0.0% |
ACADEMY MORTGAGE CORPORATION | $65,000 | $135,000 | 107.7% | 0.0% |
CROSSCOUNTRY MORTGAGE, LLC | $1,040,000 | $135,000 | -87.0% | 0.0% |
GUARANTEED RATE AFFINITY, LLC | $135,000 | n/a | 0.0% | |
Servion, Inc. | $295,000 | $135,000 | -54.2% | 0.0% |
The First National Bank of Fort Smith | $135,000 | n/a | 0.0% | |
Firstar Bank | $160,000 | $130,000 | -18.8% | 0.0% |
M&T Bank | $210,000 | $125,000 | -40.5% | 0.0% |
SECURITYNATIONAL MORTGAGE COMPANY | $125,000 | n/a | 0.0% | |
VILLAGE CAPITAL MORTGAGE | $1,630,000 | $125,000 | -92.3% | 0.0% |
ASSEMBLIES OF GOD Credit Union | $110,000 | n/a | 0.0% | |
CSL Financial, LLC | $110,000 | n/a | 0.0% | |
The Citizens Bank | $145,000 | $105,000 | -27.6% | 0.0% |
Figure Lending LLC | $35,000 | $100,000 | 185.7% | 0.0% |
Cornerstone Bank | $95,000 | n/a | 0.0% | |
EVERENCE FEDERAL CREDIT UNION | $450,000 | $95,000 | -78.9% | 0.0% |
EVERETT FINANCIAL, INC. | $95,000 | n/a | 0.0% | |
PLAZA HOME MORTGAGE, INC. | $115,000 | $95,000 | -17.4% | 0.0% |
CIS Financial Services, Inc. | $85,000 | n/a | 0.0% | |
ZILLOW HOME LOANS, LLC | $560,000 | $75,000 | -86.6% | 0.0% |
Farmers Bank & Trust Company | $65,000 | n/a | 0.0% | |
AMCAP MORTGAGE, LTD. | $975,000 | $45,000 | -95.4% | 0.0% |
Farm Credit Services of Western Arkansas, PCA | $35,000 | $25,000 | -28.6% | 0.0% |
PENTAGON FEDERAL CREDIT UNION | $510,000 | $25,000 | -95.1% | 0.0% |
Russellville's top lender by overall market share is Arvest Bank, with 19.3% market share. In second place, with 9.5%, is First Security Bank, having originated $26,720,000 in loans. In third place, with 5.7%, is QUICKEN LOANS, LLC, having originated $16,175,000 in loans. In fourth place, with 5.6%, is GMFS LLC, having originated $15,870,000 in loans. In fifth place, with 4.8%, is Chambers Bank, having originated $13,620,000 in loans.
Russellville Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Russellville (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 | $129,900 (3.4%) | $172,738 (6.0%) | 0.00 | 293 |
2018-02-01 | $138,125 (7.9%) | $173,065 (3.6%) | 0.00 | 294 |
2018-03-01 | $142,500 (9.7%) | $180,446 (7.1%) | 0.00 | 305 |
2018-04-01 | $149,800 (12.7%) | $190,936 (13.9%) | 0.00 | 299 |
2018-05-01 | $154,900 (13.3%) | $192,008 (10.2%) | 0.00 | 293 |
2018-06-01 | $155,000 (10.7%) | $193,176 (7.7%) | 0.00 | 320 |
2018-07-01 | $159,900 (14.3%) | $192,843 (8.8%) | 0.00 | 340 |
2018-08-01 | $157,450 (9.8%) | $192,770 (7.4%) | 0.00 | 341 |
2018-09-01 | $155,000 (6.5%) | $192,908 (6.7%) | 0.00 | 333 |
2018-10-01 | $151,300 (2.1%) | $192,226 (5.8%) | 0.00 | 322 |
2018-11-01 | $149,975 (2.5%) | $195,594 (7.1%) | 0.00 | 315 |
2018-12-01 | $151,000 (11.9%) | $193,479 (8.8%) | 0.00 | 305 |
2019-01-01 | $145,450 (12.0%) | $186,743 (8.1%) | 0.00 | 297 |
2019-02-01 | $143,900 (4.2%) | $184,709 (6.7%) | 0.00 | 334 |
2019-03-01 | $144,836 (1.6%) | $184,287 (2.1%) | 0.00 | 355 |
2019-04-01 | $145,811 (-2.7%) | $183,219 (-4.0%) | 0.00 | 343 |
2019-05-01 | $144,900 (-6.5%) | $180,442 (-6.0%) | 0.00 | 321 |
2019-06-01 | $144,950 (-6.5%) | $181,717 (-5.9%) | 0.00 | 320 |
2019-07-01 | $147,950 (-7.5%) | $186,082 (-3.5%) | 0.00 | 315 |
2019-08-01 | $162,518 (3.2%) | $191,875 (-0.5%) | 0.00 | 316 |
2019-09-01 | $166,445 (7.4%) | $196,301 (1.8%) | 0.00 | 304 |
2019-10-01 | $169,064 (11.7%) | $200,123 (4.1%) | 0.00 | 294 |
2019-11-01 | $163,675 (9.1%) | $199,435 (2.0%) | 0.00 | 287 |
2019-12-01 | $164,950 (9.2%) | $203,532 (5.2%) | 0.00 | 281 |
2020-01-01 | $156,500 (7.6%) | $202,743 (8.6%) | 0.00 | 251 |
2020-02-01 | $158,700 (10.3%) | $204,666 (10.8%) | 0.00 | 235 |
2020-03-01 | $173,100 (19.5%) | $209,695 (13.8%) | 0.00 | 247 |
2020-04-01 | $176,050 (20.7%) | $211,670 (15.5%) | 0.00 | 252 |
2020-05-01 | $176,500 (21.8%) | $213,604 (18.4%) | 0.00 | 219 |
2020-06-01 | $174,850 (20.6%) | $213,287 (17.4%) | 0.00 | 205 |
2020-07-01 | $170,725 (15.4%) | $218,581 (17.5%) | 0.00 | 195 |
2020-08-01 | $184,900 (13.8%) | $226,825 (18.2%) | 0.00 | 193 |
2020-09-01 | $185,975 (11.7%) | $232,659 (18.5%) | 0.00 | 162 |
2020-10-01 | $189,900 (12.3%) | $237,433 (18.6%) | 0.00 | 151 |
2020-11-01 | $184,925 (13.0%) | $235,723 (18.2%) | 0.00 | 165 |
2020-12-01 | $186,950 (13.3%) | $234,592 (15.3%) | 0.00 | 151 |
2021-01-01 | $184,750 (18.1%) | $234,684 (15.8%) | 0.00 | 146 |
2021-02-01 | $189,725 (19.6%) | $243,366 (18.9%) | 0.00 | 79 |
2021-03-01 | $194,925 (12.6%) | $262,297 (25.1%) | 0.00 | 109 |
2021-04-01 | $206,725 (17.4%) | $266,539 (25.9%) | 0.00 | 105 |
2021-05-01 | $189,900 (7.6%) | $258,217 (20.9%) | 0.00 | 91 |
2021-06-01 | $194,250 (11.1%) | $272,029 (27.5%) | 0.00 | 94 |
2021-07-01 | $184,500 (8.1%) | $266,718 (22.0%) | 0.00 | 91 |
2021-08-01 | $169,475 (-8.3%) | $248,381 (9.5%) | 0.00 | 101 |
2021-09-01 | $191,169 (2.8%) | $240,388 (3.3%) | 0.00 | 124 |
2021-10-01 | $198,000 (4.3%) | $246,908 (4.0%) | 0.00 | 127 |
2021-11-01 | $220,438 (19.2%) | $257,551 (9.3%) | 0.00 | 113 |
2021-12-01 | $220,000 (17.7%) | $249,705 (6.4%) | 0.00 | 116 |
2022-01-01 | $209,900 (13.6%) | $233,723 (-0.4%) | 0.00 | 122 |
2022-02-01 | $204,825 (8.0%) | $243,090 (-0.1%) | 0.00 | 99 |
2022-03-01 | $197,200 (1.2%) | $251,410 (-4.2%) | 0.00 | 93 |
2022-04-01 | $199,900 (-3.3%) | $265,396 (-0.4%) | 0.00 | 93 |
2022-05-01 | $207,813 (9.4%) | $273,250 (5.8%) | 0.00 | 104 |
2022-06-01 | $219,900 (13.2%) | $293,322 (7.8%) | 0.00 | 121 |
2022-07-01 | $217,900 (18.1%) | $281,599 (5.6%) | 0.00 | 168 |
2022-08-01 | $222,250 (31.1%) | $287,799 (15.9%) | 0.00 | 163 |
2022-09-01 | $220,000 (15.1%) | $275,128 (14.5%) | 0.00 | 170 |
2022-10-01 | $235,000 (18.7%) | $276,836 (12.1%) | 0.00 | 173 |
2022-11-01 | $222,500 (0.9%) | $261,114 (1.4%) | 0.00 | 179 |
2022-12-01 | $215,000 (-2.3%) | $258,294 (3.4%) | 0.00 | 197 |
2023-01-01 | $210,000 (0.1%) | $259,282 (10.9%) | 0.00 | 166 |
2023-02-01 | $212,450 (3.7%) | $267,907 (10.2%) | 0.00 | 144 |
Russellville's median listing price comes in at 0% of the national average.
Russellville's average listing price for 2023-02-01 was $267,907, a difference of $24,817 (10.2%) versus the prior year and $8,625 versus the prior month.
For the 2023-02-01 period, Russellville had 144 MLS listings, a difference of -22 listings (-13%) versus the prior month and 45 listings (45%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Russellville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,698 sqft |
2018-02-01 | 0 days | 1,727 sqft |
2018-03-01 | 0 days | 1,748 sqft |
2018-04-01 | 0 days | 1,800 sqft |
2018-05-01 | 0 days | 1,841 sqft |
2018-06-01 | 0 days | 1,886 sqft |
2018-07-01 | 0 days | 1,866 sqft |
2018-08-01 | 0 days | 1,839 sqft |
2018-09-01 | 0 days | 1,809 sqft |
2018-10-01 | 0 days | 1,808 sqft |
2018-11-01 | 0 days | 1,815 sqft |
2018-12-01 | 0 days | 1,802 sqft |
2019-01-01 | 0 days | 1,749 sqft |
2019-02-01 | 0 days | 1,697 sqft |
2019-03-01 | 0 days | 1,735 sqft |
2019-04-01 | 0 days | 1,785 sqft |
2019-05-01 | 0 days | 1,687 sqft |
2019-06-01 | 0 days | 1,744 sqft |
2019-07-01 | 0 days | 1,770 sqft |
2019-08-01 | 0 days | 1,792 sqft |
2019-09-01 | 0 days | 1,780 sqft |
2019-10-01 | 0 days | 1,774 sqft |
2019-11-01 | 0 days | 1,796 sqft |
2019-12-01 | 0 days | 1,800 sqft |
2020-01-01 | 0 days | 1,784 sqft |
2020-02-01 | 0 days | 1,824 sqft |
2020-03-01 | 0 days | 1,840 sqft |
2020-04-01 | 0 days | 1,851 sqft |
2020-05-01 | 0 days | 1,826 sqft |
2020-06-01 | 0 days | 1,824 sqft |
2020-07-01 | 0 days | 1,811 sqft |
2020-08-01 | 0 days | 1,860 sqft |
2020-09-01 | 0 days | 1,941 sqft |
2020-10-01 | 0 days | 1,825 sqft |
2020-11-01 | 0 days | 1,820 sqft |
2020-12-01 | 0 days | 1,889 sqft |
2021-01-01 | 0 days | 1,825 sqft |
2021-02-01 | 0 days | 1,839 sqft |
2021-03-01 | 0 days | 1,969 sqft |
2021-04-01 | 0 days | 2,113 sqft |
2021-05-01 | 0 days | 1,948 sqft |
2021-06-01 | 0 days | 1,950 sqft |
2021-07-01 | 0 days | 1,800 sqft |
2021-08-01 | 0 days | 1,663 sqft |
2021-09-01 | 0 days | 1,593 sqft |
2021-10-01 | 0 days | 1,705 sqft |
2021-11-01 | 0 days | 1,848 sqft |
2021-12-01 | 0 days | 1,902 sqft |
2022-01-01 | 0 days | 1,787 sqft |
2022-02-01 | 0 days | 1,732 sqft |
2022-03-01 | 0 days | 1,695 sqft |
2022-04-01 | 0 days | 1,781 sqft |
2022-05-01 | 0 days | 1,884 sqft |
2022-06-01 | 0 days | 1,883 sqft |
2022-07-01 | 0 days | 1,840 sqft |
2022-08-01 | 0 days | 1,846 sqft |
2022-09-01 | 0 days | 1,785 sqft |
2022-10-01 | 0 days | 1,829 sqft |
2022-11-01 | 0 days | 1,813 sqft |
2022-12-01 | 0 days | 1,781 sqft |
2023-01-01 | 0 days | 1,755 sqft |
2023-02-01 | 0 days | 1,729 sqft |
Russellville's median square footage for active listings during the 2023-02-01 period was 1,729 sqft. One year prior, the average listing was 1,732 sqft.
Russellville, AR Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,033 | $204,895,000 | $198,349 |
Cash Out Refi | 222 | $32,750,000 | $147,523 |
Refi | 195 | $30,155,000 | $154,641 |
Home Improvement | 122 | $7,530,000 | $61,721 |
Other | 95 | $6,045,000 | $63,632 |
Russellville's most frequently cited loan purpose was Home Purchase, with 1,033 originations. The 2nd most popular reason was Cash Out Refi, with 222 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 422 | $69,580,000 | $164,882 |
5-6% | 398 | $61,130,000 | $153,593 |
3-4% | 378 | $85,210,000 | $225,423 |
6-7% | 218 | $29,640,000 | $135,963 |
7-8% | 81 | $11,095,000 | $136,975 |
2.5-3% | 74 | $13,910,000 | $187,973 |
Over 8% | 59 | $4,385,000 | $74,322 |
<2.5% | 13 | $2,845,000 | $218,846 |
During 2022, Russellville's most frequently originated rate bucket was 4-5%, with 422 originations.
Loan Sizing (Russellville, AR MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 710 | $102,780,000 | $144,761 |
$100,000 or less | 535 | $31,535,000 | $58,944 |
$200k-400k | 379 | $100,735,000 | $265,792 |
$400k-600k | 33 | $14,825,000 | $449,242 |
$600k-1000k | 7 | $5,415,000 | $773,571 |
$Over $1MM | 3 | $26,085,000 | $8,695,000 |
Russellville's loan sizing saw the bucket of loans from $100k-200k with 710 originations, totaling $102,780,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 776 | $142,970,000 | $184,240 |
60-80% | 414 | $95,850,000 | $231,522 |
40-60% | 162 | $19,210,000 | $118,580 |
20-40% | 135 | $9,245,000 | $68,481 |
Under 20% | 119 | $3,595,000 | $30,210 |
Over 100% | 30 | $6,220,000 | $207,333 |
Russellville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 776 originations, totaling $142,970,000 in origination value.