Safford Mortgage Rates & Closing Costs

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  • Trends
  • Rates vs. Fees
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  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Safford averaged 7.1% 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 6.88% and one month ago for the week of 2024-03-14, the average rate was 6.84%.

    Safford's average rate one year ago was 6.47%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.5%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Safford 30 Year Fixed Rate 2024-04-18 7.1%
    Safford 30 Year Fixed Rate Refi 2024-04-18 7.5%
    Safford 15 Year Fixed Rate 2024-04-18 6.29%
    Safford 15 Year Fixed Rate Refi 2024-04-18 6.79%
    Safford 30 Year FHA 2024-04-18 7.18%
    Safford 30 Year FHA Refi 2024-04-18 6.96%
    Safford 30 Year USDA 2024-04-18 6.86%
    Safford 30 Year USDA Refi 2024-04-18 6.66%
    Safford 30 Year VA 2024-04-18 6.76%
    Safford 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 Safford, AZ.

    Safford 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 Safford, AZ 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
    MANN FINANCIAL INC. 29 7.03% $8,091
    OneAZ Credit Union 28 6.02% $5,013
    QUICKEN LOANS, LLC 16 6.74% $7,297
    NOVA FINANCIAL & INVESTMENT CORPORATION 14 6.94% $3,908
    AMERICAN PACIFIC MORTGAGE CORPORATION 13 6.71% $8,506
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 7.01% $8,605
    UNITED WHOLESALE MORTGAGE, LLC 6 6.67% $5,995
    GUILD MORTGAGE COMPANY 6 6.96% $6,724
    SUN AMERICAN MORTGAGE COMPANY 4 6.81% $6,803
    BAY EQUITY LLC 3 6.46% $9,905
    Mr. Cooper ( Nationstar Mortgage ) 3 7.58% $8,150
    DEFINE MORTGAGE SOLUTIONS, LLC 3 6.88% $6,222
    ALTITUDE FINANCIAL CORPORATION 2 6.31% $4,247
    JPMorgan Chase Bank 2 6.88% $12,684
    PENNYMAC LOAN SERVICES, LLC 2 6.13% $6,239
    Wells Fargo Bank 2 7.00% $5,762
    AMERICAN FINANCIAL NETWORK, INC. 1 6.63% $4,842
    LOANDEPOT.COM, LLC 1 2.50% $1,716
    LOANPAL, LLC 1 6.50% $5,216
    Equity Prime Mortgage LLC 1 7.38% $4,852
    MASON MCDUFFIE MORTGAGE CORPORATION 1 7.25% $10,933
    DAS Acquisition Company, LLC 1 7.49% $9,561
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.38% $6,354
    Northpointe Bank 1 5.75% $5,673
    CMG MORTGAGE, INC. 1 7.49% $4,869
    Carrington Mortgage Services, LLC 1 6.63% $5,874
    USAA Federal Savings Bank 1 6.50% $4,950
    Plains Commerce Bank 1 7.13% $5,029
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.63% $6,975
    S1L, Inc. 1 7.63% $4,696
    Sierra Pacific Mortgage Company, Inc. 1 8.00% $7,375
    Ameris Bank 1 5.88% $7,250
    Sunflower Bank 1 7.88% $6,665
    The Loan Store, Inc. 1 6.38% $2,752
    GENEVA FINANCIAL, LLC 1 6.38% $3,990
    GUARANTEED RATE AFFINITY, LLC 1 6.50% $2,083
    Flagstar Bank, FSB 1 7.63% $7,711

    Safford Average Closing Costs & Other Stats

    Safford, AZ's 37 lenders originated 595 loans during 2023. The total origination value was $126,765,000, with an average loan value of $213,050.

    Safford's average closing costs are $5,995.

    The top Safford lender as defined by loan originations is MANN FINANCIAL INC., with 29 loans originated. Their average total fees are $8,091, which is $3,079 higher than the next largest lender, OneAZ Credit Union.

    The lowest fee Safford lenders (with over 10 loans originated) are NOVA FINANCIAL & INVESTMENT CORPORATION ($3,908), OneAZ Credit Union ($5,013), QUICKEN LOANS, LLC ($7,297), MANN FINANCIAL INC. ($8,091) and AMERICAN PACIFIC MORTGAGE CORPORATION ($8,506).

    The lowest rate Safford lenders (with over 10 loans originated) are OneAZ Credit Union (6.02%), AMERICAN PACIFIC MORTGAGE CORPORATION (6.71%), QUICKEN LOANS, LLC (6.74%), NOVA FINANCIAL & INVESTMENT CORPORATION (6.94%) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION (7.01%).

    Safford, AZ 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
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $20,880,000 $19,960,000 -4.4% 15.7%
    MANN FINANCIAL INC. $24,165,000 $19,000,000 -21.4% 15.0%
    OneAZ Credit Union $17,890,000 $11,510,000 -35.7% 9.1%
    NOVA FINANCIAL & INVESTMENT CORPORATION $9,470,000 $9,045,000 -4.5% 7.1%
    GUILD MORTGAGE COMPANY $8,540,000 $9,010,000 5.5% 7.1%
    QUICKEN LOANS, LLC $12,660,000 $8,230,000 -35.0% 6.5%
    AMERICAN PACIFIC MORTGAGE CORPORATION $2,730,000 $8,015,000 193.6% 6.3%
    UNITED WHOLESALE MORTGAGE, LLC $7,525,000 $5,470,000 -27.3% 4.3%
    SUN AMERICAN MORTGAGE COMPANY $1,550,000 $3,525,000 127.4% 2.8%
    BAY EQUITY LLC $3,945,000 $2,765,000 -29.9% 2.2%
    Mortgage Research Center, LLC $1,795,000 $1,760,000 -1.9% 1.4%
    Mr. Cooper ( Nationstar Mortgage ) $1,335,000 $1,260,000 -5.6% 1.0%
    PIMA Federal Credit Union $1,155,000 n/a 0.9%
    ALTITUDE FINANCIAL CORPORATION $1,055,000 n/a 0.8%
    Zions Bank $4,545,000 $1,005,000 -77.9% 0.8%
    Wells Fargo Bank $2,415,000 $975,000 -59.6% 0.8%
    Flagstar Bank, FSB $165,000 $945,000 472.7% 0.7%
    FREEDOM MORTGAGE CORPORATION $2,365,000 $855,000 -63.8% 0.7%
    JPMorgan Chase Bank $900,000 $845,000 -6.1% 0.7%
    PENNYMAC LOAN SERVICES, LLC $2,565,000 $780,000 -69.6% 0.6%
    Carrington Mortgage Services, LLC $1,170,000 $715,000 -38.9% 0.6%
    BROKER SOLUTIONS, INC. $695,000 $685,000 -1.4% 0.5%
    21ST MORTGAGE CORPORATION $750,000 $665,000 -11.3% 0.5%
    Equity Prime Mortgage LLC $600,000 n/a 0.5%
    V.I.P. MORTGAGE, INC. $1,910,000 $600,000 -68.6% 0.5%
    OCMBC, INC. $575,000 n/a 0.5%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $515,000 n/a 0.4%
    USAA Federal Savings Bank $1,330,000 $510,000 -61.7% 0.4%
    Northpointe Bank $905,000 $505,000 -44.2% 0.4%
    Commerce Home Mortgage, Inc. $480,000 n/a 0.4%
    Plains Commerce Bank $290,000 $465,000 60.3% 0.4%
    AMERICAN FINANCIAL RESOURCES, INC. $460,000 n/a 0.4%
    Ameris Bank $435,000 n/a 0.3%
    DEFINE MORTGAGE SOLUTIONS, LLC $155,000 $435,000 180.6% 0.3%
    NETWORK CAPITAL FUNDING CORPORATION $260,000 $425,000 63.5% 0.3%
    MOUNTAIN AMERICA $180,000 $420,000 133.3% 0.3%
    DESERT FINANCIAL FEDERAL CREDIT UNION $755,000 $405,000 -46.4% 0.3%
    NAVY FEDERAL CREDIT UNION $630,000 $405,000 -35.7% 0.3%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $400,000 n/a 0.3%
    DRAPER AND KRAMER MORTGAGE CORP. $365,000 n/a 0.3%
    SUN WEST MORTGAGE COMPANY, INC. $360,000 n/a 0.3%
    CARDINAL FINANCIAL $455,000 $345,000 -24.2% 0.3%
    CMG MORTGAGE, INC. $1,015,000 $345,000 -66.0% 0.3%
    Discover Bank $235,000 $335,000 42.6% 0.3%
    HUGHES FEDERAL CREDIT UNION $810,000 $325,000 -59.9% 0.3%
    DAS Acquisition Company, LLC $315,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $470,000 $305,000 -35.1% 0.2%
    LENDINGONE, LLC $1,095,000 $305,000 -72.1% 0.2%
    UNION HOME MORTGAGE CORP. $305,000 n/a 0.2%
    LOANPAL, LLC $1,930,000 $290,000 -85.0% 0.2%
    ACADEMY MORTGAGE CORPORATION $615,000 $280,000 -54.5% 0.2%
    GUARANTEED RATE AFFINITY, LLC $305,000 $255,000 -16.4% 0.2%
    ENVOY MORTGAGE, LTD $235,000 $245,000 4.3% 0.2%
    PNC Bank $240,000 n/a 0.2%
    Sunflower Bank $645,000 $235,000 -63.6% 0.2%
    Notre Dame Federal Credit Union Corporation $230,000 n/a 0.2%
    VILLAGE CAPITAL MORTGAGE $225,000 n/a 0.2%
    Sierra Pacific Mortgage Company, Inc. $285,000 $215,000 -24.6% 0.2%
    SOVEREIGN LENDING GROUP INCORPORATED $215,000 n/a 0.2%
    TOP FLITE FINANCIAL, INC. $135,000 $215,000 59.3% 0.2%
    First Interstate Bank $205,000 n/a 0.2%
    LHM FINANCIAL CORPORATION $3,500,000 $205,000 -94.1% 0.2%
    Magnolia Bank $285,000 $205,000 -28.1% 0.2%
    MASON MCDUFFIE MORTGAGE CORPORATION $205,000 n/a 0.2%
    MID AMERICA MORTGAGE, INC. $205,000 n/a 0.2%
    The Loan Store, Inc. $205,000 n/a 0.2%
    AMERICA FIRST $85,000 $195,000 129.4% 0.2%
    S1L, Inc. $195,000 n/a 0.2%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $500,000 $185,000 -63.0% 0.1%
    TOTAL MORTGAGE SERVICES, LLC $185,000 n/a 0.1%
    NEW DAY FINANCIAL, LLC $410,000 $165,000 -59.8% 0.1%
    PLAZA HOME MORTGAGE, INC. $165,000 n/a 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $155,000 n/a 0.1%
    LOANDEPOT.COM, LLC $1,760,000 $155,000 -91.2% 0.1%
    ARIZONA CENTRAL $185,000 $125,000 -32.4% 0.1%
    Coastal Community Bank $115,000 n/a 0.1%
    Washington Federal Bank $1,035,000 $110,000 -89.4% 0.1%
    LONGBRIDGE FINANCIAL, LLC $105,000 n/a 0.1%
    CALCON MUTUAL MORTGAGE LLC $95,000 n/a 0.1%
    Alaska USA Federal Credit Union $90,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $195,000 $85,000 -56.4% 0.1%
    GENEVA FINANCIAL, LLC $345,000 $85,000 -75.4% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $330,000 $75,000 -77.3% 0.1%
    The Federal Savings Bank $620,000 $75,000 -87.9% 0.1%
    ALLIANT CREDIT UNION $55,000 n/a 0.0%
    SPRING EQ, LLC $55,000 $55,000 0.0% 0.0%
    U.S. Bank $520,000 $55,000 -89.4% 0.0%
    Figure Lending LLC $35,000 n/a 0.0%
    First Credit Union $25,000 n/a 0.0%

    Safford's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 15.7% market share. In second place, with 15.0%, is MANN FINANCIAL INC., having originated $19,000,000 in loans. In third place, with 9.1%, is OneAZ Credit Union, having originated $11,510,000 in loans. In fourth place, with 7.1%, is NOVA FINANCIAL & INVESTMENT CORPORATION, having originated $9,045,000 in loans. In fifth place, with 7.1%, is GUILD MORTGAGE COMPANY, having originated $9,010,000 in loans.

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

    Realtor.com - Safford (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 $170,600 (7.3%) $203,766 (11.9%) 0.00 85
    2018-02-01 $173,250 (1.9%) $205,433 (11.6%) 0.00 81
    2018-03-01 $179,700 (-0.1%) $211,267 (7.1%) 0.00 80
    2018-04-01 $179,125 (2.4%) $208,209 (6.3%) 0.00 85
    2018-05-01 $179,350 (8.4%) $204,458 (6.8%) 0.00 81
    2018-06-01 $179,900 (6.5%) $205,004 (5.7%) 0.00 99
    2018-07-01 $184,243 (7.7%) $213,696 (7.3%) 0.00 94
    2018-08-01 $184,200 (5.9%) $211,214 (4.6%) 0.00 93
    2018-09-01 $180,998 (3.4%) $208,521 (1.6%) 0.00 98
    2018-10-01 $179,900 (3.0%) $204,600 (3.0%) 0.00 98
    2018-11-01 $178,050 (4.8%) $198,092 (0.1%) 0.00 91
    2018-12-01 $174,000 (4.7%) $190,741 (1.7%) 0.00 89
    2019-01-01 $175,000 (2.6%) $186,700 (-8.4%) 0.00 82
    2019-02-01 $175,000 (1.0%) $188,744 (-8.1%) 0.00 76
    2019-03-01 $185,286 (3.1%) $212,270 (0.5%) 0.00 73
    2019-04-01 $196,286 (9.6%) $238,615 (14.6%) 0.00 70
    2019-05-01 $213,850 (19.2%) $255,946 (25.2%) 0.00 67
    2019-06-01 $219,515 (22.0%) $260,263 (27.0%) 0.00 67
    2019-07-01 $223,700 (21.4%) $271,679 (27.1%) 0.00 64
    2019-08-01 $216,040 (17.3%) $270,737 (28.2%) 0.00 69
    2019-09-01 $206,799 (14.3%) $266,413 (27.8%) 0.00 78
    2019-10-01 $199,256 (10.8%) $260,362 (27.3%) 0.00 84
    2019-11-01 $196,750 (10.5%) $254,847 (28.7%) 0.00 90
    2019-12-01 $193,125 (11.0%) $245,800 (28.9%) 0.00 89
    2020-01-01 $196,725 (12.4%) $254,212 (36.2%) 0.00 75
    2020-02-01 $219,998 (25.7%) $264,833 (40.3%) 0.00 78
    2020-03-01 $218,699 (18.0%) $271,861 (28.1%) 0.00 67
    2020-04-01 $209,995 (7.0%) $257,829 (8.1%) 0.00 61
    2020-05-01 $220,000 (2.9%) $250,889 (-2.0%) 0.00 57
    2020-06-01 $217,475 (-0.9%) $255,874 (-1.7%) 0.00 47
    2020-07-01 $220,500 (-1.4%) $265,769 (-2.2%) 0.00 40
    2020-08-01 $237,000 (9.7%) $291,915 (7.8%) 0.00 34
    2020-09-01 $241,725 (16.9%) $328,528 (23.3%) 0.00 30
    2020-10-01 $237,000 (18.9%) $289,369 (11.1%) 0.00 40
    2020-11-01 $235,000 (19.4%) $296,647 (16.4%) 0.00 44
    2020-12-01 $234,950 (21.7%) $311,915 (26.9%) 0.00 39
    2021-01-01 $230,000 (16.9%) $272,840 (7.3%) 0.00 44
    2021-02-01 $201,700 (-8.3%) $255,679 (-3.5%) 0.00 38
    2021-03-01 $223,750 (2.3%) $283,303 (4.2%) 0.00 32
    2021-04-01 $216,999 (3.3%) $276,592 (7.3%) 0.00 26
    2021-05-01 $229,500 (4.3%) $272,952 (8.8%) 0.00 23
    2021-06-01 $249,950 (14.9%) $282,778 (10.5%) 0.00 27
    2021-07-01 $249,900 (13.3%) $273,603 (3.0%) 0.00 32
    2021-08-01 $289,375 (22.1%) $325,226 (11.4%) 0.00 39
    2021-09-01 $257,225 (6.4%) $318,387 (-3.1%) 0.00 42
    2021-10-01 $273,500 (15.4%) $320,113 (10.6%) 0.00 52
    2021-11-01 $286,750 (22.0%) $321,764 (8.5%) 0.00 52
    2021-12-01 $295,475 (25.8%) $325,977 (4.5%) 0.00 43
    2022-01-01 $299,000 (30.0%) $330,851 (21.3%) 0.00 40
    2022-02-01 $317,000 (57.2%) $356,644 (39.5%) 0.00 37
    2022-03-01 $298,500 (33.4%) $364,617 (28.7%) 0.00 38
    2022-04-01 $279,900 (29.0%) $322,715 (16.7%) 0.00 31
    2022-05-01 $307,000 (33.8%) $351,652 (28.8%) 0.00 39
    2022-06-01 $305,000 (22.0%) $354,432 (25.3%) 0.00 54
    2022-07-01 $317,500 (27.1%) $363,667 (32.9%) 0.00 62
    2022-08-01 $322,450 (11.4%) $353,157 (8.6%) 0.00 76
    2022-09-01 $311,250 (21.0%) $373,156 (17.2%) 0.00 82
    2022-10-01 $300,000 (9.7%) $365,581 (14.2%) 0.00 90
    2022-11-01 $299,450 (4.4%) $362,533 (12.7%) 0.00 76
    2022-12-01 $292,000 (-1.2%) $355,909 (9.2%) 0.00 65
    2023-01-01 $299,000 (0.0%) $372,974 (12.7%) 0.00 54
    2023-02-01 $330,375 (4.2%) $347,112 (-2.7%) 0.00 43
    2023-03-01 $305,000 (2.2%) $362,333 (-0.6%) 0.00 42
    2023-04-01 $305,000 (9.0%) $387,340 (20.0%) 0.00 38
    2023-05-01 $328,500 (7.0%) $407,400 (15.9%) 0.00 36
    2023-06-01 $340,000 (11.5%) $431,846 (21.8%) 0.00 33
    2023-07-01 $360,000 (13.4%) $428,855 (17.9%) 0.00 36
    2023-08-01 $360,000 (11.7%) $391,804 (10.9%) 0.00 43
    2023-09-01 $372,000 (19.5%) $512,418 (37.3%) 0.00 48
    2023-10-01 $379,950 (26.7%) $515,665 (41.1%) 0.00 55
    2023-11-01 $372,250 (24.3%) $506,326 (39.7%) 0.00 57
    2023-12-01 $379,995 (30.1%) $521,103 (46.4%) 0.00 55
    2024-01-01 $384,500 (28.6%) $534,713 (43.4%) 0.00 48
    2024-02-01 $373,749 (13.1%) $417,315 (20.2%) 0.00 45
    2024-03-01 $369,995 (21.3%) $416,207 (14.9%) 0.00 51
    Safford's median listing price for 2024-03-01 was $369,995, a difference of $64,995 (21.3%) versus the prior year and $-3,754 versus the prior month.

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

    Safford's average listing price for 2024-03-01 was $416,207, a difference of $53,874 (14.9%) versus the prior year and $-1,108 versus the prior month.

    For the 2024-03-01 period, Safford had 51 MLS listings, a difference of 6 listings (13%) versus the prior month and 9 listings (21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Safford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,840 sqft
    2018-02-01 0 days 1,840 sqft
    2018-03-01 0 days 1,897 sqft
    2018-04-01 0 days 1,856 sqft
    2018-05-01 0 days 1,771 sqft
    2018-06-01 0 days 1,696 sqft
    2018-07-01 0 days 1,746 sqft
    2018-08-01 0 days 1,718 sqft
    2018-09-01 0 days 1,748 sqft
    2018-10-01 0 days 1,748 sqft
    2018-11-01 0 days 1,677 sqft
    2018-12-01 0 days 1,664 sqft
    2019-01-01 0 days 1,673 sqft
    2019-02-01 0 days 1,635 sqft
    2019-03-01 0 days 1,683 sqft
    2019-04-01 0 days 1,740 sqft
    2019-05-01 0 days 1,985 sqft
    2019-06-01 0 days 1,990 sqft
    2019-07-01 0 days 1,983 sqft
    2019-08-01 0 days 1,942 sqft
    2019-09-01 0 days 1,906 sqft
    2019-10-01 0 days 1,880 sqft
    2019-11-01 0 days 1,875 sqft
    2019-12-01 0 days 1,880 sqft
    2020-01-01 0 days 1,812 sqft
    2020-02-01 0 days 1,812 sqft
    2020-03-01 0 days 1,925 sqft
    2020-04-01 0 days 1,908 sqft
    2020-05-01 0 days 1,827 sqft
    2020-06-01 0 days 1,853 sqft
    2020-07-01 0 days 1,897 sqft
    2020-08-01 0 days 2,007 sqft
    2020-09-01 0 days 2,157 sqft
    2020-10-01 0 days 1,936 sqft
    2020-11-01 0 days 1,854 sqft
    2020-12-01 0 days 1,866 sqft
    2021-01-01 0 days 1,851 sqft
    2021-02-01 0 days 1,625 sqft
    2021-03-01 0 days 1,763 sqft
    2021-04-01 0 days 1,769 sqft
    2021-05-01 0 days 1,872 sqft
    2021-06-01 0 days 1,821 sqft
    2021-07-01 0 days 1,727 sqft
    2021-08-01 0 days 1,872 sqft
    2021-09-01 0 days 1,830 sqft
    2021-10-01 0 days 1,904 sqft
    2021-11-01 0 days 1,898 sqft
    2021-12-01 0 days 1,903 sqft
    2022-01-01 0 days 2,014 sqft
    2022-02-01 0 days 1,957 sqft
    2022-03-01 0 days 1,824 sqft
    2022-04-01 0 days 1,695 sqft
    2022-05-01 0 days 1,758 sqft
    2022-06-01 0 days 1,847 sqft
    2022-07-01 0 days 1,870 sqft
    2022-08-01 0 days 1,888 sqft
    2022-09-01 0 days 1,883 sqft
    2022-10-01 0 days 1,845 sqft
    2022-11-01 0 days 1,842 sqft
    2022-12-01 0 days 1,845 sqft
    2023-01-01 0 days 1,947 sqft
    2023-02-01 0 days 1,847 sqft
    2023-03-01 0 days 1,880 sqft
    2023-04-01 0 days 1,928 sqft
    2023-05-01 0 days 2,080 sqft
    2023-06-01 0 days 2,065 sqft
    2023-07-01 0 days 2,032 sqft
    2023-08-01 0 days 2,032 sqft
    2023-09-01 0 days 1,890 sqft
    2023-10-01 0 days 2,032 sqft
    2023-11-01 0 days 1,966 sqft
    2023-12-01 0 days 2,032 sqft
    2024-01-01 0 days 2,019 sqft
    2024-02-01 0 days 1,954 sqft
    2024-03-01 0 days 2,064 sqft
    Safford's median listing age (time on market) for 2024-03-01 was 0 days.

    Safford's median square footage for active listings during the 2024-03-01 period was 2,064 sqft. One year prior, the average listing was 1,880 sqft.

    Safford, AZ Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 353 $87,645,000 $248,286
    Cash Out Refi 97 $17,105,000 $176,340
    Refi 56 $14,970,000 $267,321
    Other 53 $4,105,000 $77,453
    Home Improvement 36 $2,940,000 $81,667

    Safford's most frequently cited loan purpose was Home Purchase, with 353 originations. The 2nd most popular reason was Cash Out Refi, with 97 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 249 $56,935,000 $228,655
    7-8% 169 $39,005,000 $230,799
    5-6% 88 $21,060,000 $239,318
    Over 8% 74 $7,480,000 $101,081
    4-5% 10 $1,860,000 $186,000
    <2.5% 3 $295,000 $98,333
    2.5-3% 1 $125,000 $125,000

    During 2023, Safford's most frequently originated rate bucket was 6-7%, with 249 originations.

    Loan Sizing (Safford, AZ MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 276 $75,750,000 $274,457
    $100k-200k 184 $28,320,000 $153,913
    $100,000 or less 100 $5,540,000 $55,400
    $400k-600k 32 $14,610,000 $456,563
    $600k-1000k 2 $1,390,000 $695,000
    $Over $1MM 1 $1,155,000 $1,155,000

    Safford's loan sizing saw the bucket of loans from $200k-400k with 276 originations, totaling $75,750,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 296 $78,380,000 $264,797
    60-80% 121 $27,435,000 $226,736
    20-40% 60 $5,520,000 $92,000
    Under 20% 55 $2,845,000 $51,727
    40-60% 47 $8,265,000 $175,851
    Over 100% 12 $3,550,000 $295,833

    Safford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 296 originations, totaling $78,380,000 in origination value.