SPRINGFIELD Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Springfield averaged
6.92%
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
7.05% and
one month ago for the week of 2023-02-09, the
average rate was 6.64%.
Springfield's average rate one year ago was 3.75%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.94%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Springfield 30 Year Fixed Rate | 2023-03-16 | 6.92% |
Springfield 30 Year Fixed Rate Refi | 2023-03-16 | 6.94% |
Springfield 15 Year Fixed Rate | 2023-03-16 | 6.48% |
Springfield 15 Year Fixed Rate Refi | 2023-03-16 | 6.5% |
Springfield 30 Year FHA | 2023-03-16 | 6.37% |
Springfield 30 Year FHA Refi | 2023-03-16 | 6.08% |
Springfield 30 Year USDA | 2023-03-16 | 6.28% |
Springfield 30 Year USDA Refi | 2023-03-16 | 6.34% |
Springfield 30 Year VA | 2023-03-16 | 6.18% |
Springfield 30 Year VA Refi | 2023-03-16 | 5.85% |
SPRINGFIELD 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 SPRINGFIELD, OH 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.).
SPRINGFIELD Average Closing Costs & Other Stats
SPRINGFIELD, OH's 127 lenders originated 3,399
loans during 2022. The total origination value was $503,125,000, with an average loan value of
$148,021.
SPRINGFIELD's average closing costs are $4,336.
The top SPRINGFIELD lender as defined by loan originations is WRIGHT-PATT CREDIT UNION, INC., with
127 loans originated. Their average total fees are
$2,492, which is $1,149
lower than the next largest lender,
CALIBER HOME LOANS, INC..
The lowest fee SPRINGFIELD lenders (with over 10 loans originated) are
Union Savings Bank ($1,428), WRIGHT-PATT CREDIT UNION, INC. ($2,492), The Park National Bank ($3,224), JPMorgan Chase Bank ($3,232) and U.S. Bank ($3,311).
The lowest rate SPRINGFIELD lenders (with over 10 loans originated) are
Union Savings Bank (3.96%), NVR Mortgage Finance, Inc. (4.51%), Wells Fargo Bank (4.79%), JPMorgan Chase Bank (4.82%) and Mr. Cooper ( Nationstar Mortgage ) (4.93%).
SPRINGFIELD, OH 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 |
---|---|---|---|---|
WRIGHT-PATT CREDIT UNION, INC. | $69,635,000 | $50,705,000 | -27.2% | 10.1% |
CALIBER HOME LOANS, INC. | $51,340,000 | $36,935,000 | -28.1% | 7.3% |
QUICKEN LOANS, LLC | $62,995,000 | $29,455,000 | -53.2% | 5.9% |
The Huntington National Bank | $35,660,000 | $22,650,000 | -36.5% | 4.5% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $22,700,000 | $21,065,000 | -7.2% | 4.2% |
The Park National Bank | $30,070,000 | $19,630,000 | -34.7% | 3.9% |
New Carlisle Federal Savings Bank | $31,670,000 | $16,005,000 | -49.5% | 3.2% |
T2 FINANCIAL LLC | $10,585,000 | $14,910,000 | 40.9% | 3.0% |
Union Savings Bank | $23,955,000 | $14,495,000 | -39.5% | 2.9% |
NVR Mortgage Finance, Inc. | $8,865,000 | $11,350,000 | 28.0% | 2.3% |
PNC Bank | $12,640,000 | $11,180,000 | -11.6% | 2.2% |
Mortgage Research Center, LLC | $8,700,000 | $10,730,000 | 23.3% | 2.1% |
Fifth Third Bank | $18,175,000 | $9,910,000 | -45.5% | 2.0% |
UNITED WHOLESALE MORTGAGE, LLC | $6,865,000 | $9,625,000 | 40.2% | 1.9% |
LOANDEPOT.COM, LLC | $31,285,000 | $9,525,000 | -69.6% | 1.9% |
CROSSCOUNTRY MORTGAGE, LLC | $5,580,000 | $9,235,000 | 65.5% | 1.8% |
DAS Acquisition Company, LLC | $10,670,000 | $8,870,000 | -16.9% | 1.8% |
WesBanco Bank, Inc. | $12,545,000 | $8,855,000 | -29.4% | 1.8% |
KeyBank | $4,660,000 | $7,855,000 | 68.6% | 1.6% |
THRIVE MORTGAGE, LLC | $13,070,000 | $7,485,000 | -42.7% | 1.5% |
Mr. Cooper ( Nationstar Mortgage ) | $7,590,000 | $7,065,000 | -6.9% | 1.4% |
NFM, INC. | $3,740,000 | $6,745,000 | 80.3% | 1.3% |
First Merchants Bank | $5,405,000 | n/a | 1.1% | |
U.S. Bank | $8,585,000 | $5,090,000 | -40.7% | 1.0% |
Citizens Bank | $1,040,000 | $5,005,000 | 381.3% | 1.0% |
UNION HOME MORTGAGE CORP. | $8,265,000 | $4,530,000 | -45.2% | 0.9% |
The Farmers & Merchants State Bank | $6,715,000 | $4,410,000 | -34.3% | 0.9% |
JPMorgan Chase Bank | $7,220,000 | $4,310,000 | -40.3% | 0.9% |
AMERISAVE MORTGAGE CORPORATION | $5,990,000 | $3,740,000 | -37.6% | 0.7% |
FREEDOM MORTGAGE CORPORATION | $17,370,000 | $3,675,000 | -78.8% | 0.7% |
Farm Credit Mid-America, ACA | $4,520,000 | $3,565,000 | -21.1% | 0.7% |
The Richwood Banking Company | $9,795,000 | $3,440,000 | -64.9% | 0.7% |
RUOFF MORTGAGE COMPANY, INC. | $2,270,000 | $3,380,000 | 48.9% | 0.7% |
Wells Fargo Bank | $6,220,000 | $3,225,000 | -48.2% | 0.6% |
IH CREDIT UNION, INC. | $2,415,000 | $2,740,000 | 13.5% | 0.5% |
NEW DAY FINANCIAL, LLC | $2,765,000 | $2,665,000 | -3.6% | 0.5% |
INSPIRE HOME LOANS INC. | $2,580,000 | n/a | 0.5% | |
NAVY FEDERAL CREDIT UNION | $4,410,000 | $2,570,000 | -41.7% | 0.5% |
USAA Federal Savings Bank | $3,540,000 | $2,500,000 | -29.4% | 0.5% |
S&T Bank | $2,435,000 | n/a | 0.5% | |
PENNYMAC LOAN SERVICES, LLC | $5,785,000 | $2,320,000 | -59.9% | 0.5% |
Regions Bank | $2,280,000 | n/a | 0.5% | |
MOVEMENT MORTGAGE, LLC | $530,000 | $2,225,000 | 319.8% | 0.4% |
Flagstar Bank, FSB | $1,040,000 | $2,140,000 | 105.8% | 0.4% |
Third Federal Savings and Loan Association of Cleveland | $2,310,000 | $2,105,000 | -8.9% | 0.4% |
First Federal Bank of the Midwest | $3,185,000 | $2,095,000 | -34.2% | 0.4% |
RiverHills Bank | $2,095,000 | n/a | 0.4% | |
HOMESIDE FINANCIAL, LLC | $2,530,000 | $2,015,000 | -20.4% | 0.4% |
The Merchants National Bank | $2,910,000 | $2,005,000 | -31.1% | 0.4% |
The Old Fort Banking Company | $2,635,000 | $2,005,000 | -23.9% | 0.4% |
GUARANTEED RATE, INC. | $1,895,000 | $1,785,000 | -5.8% | 0.4% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,235,000 | $1,760,000 | 42.5% | 0.3% |
EQUITY RESOURCES, INC. | $5,600,000 | $1,685,000 | -69.9% | 0.3% |
BROKER SOLUTIONS, INC. | $1,800,000 | $1,540,000 | -14.4% | 0.3% |
Carrington Mortgage Services, LLC | $2,865,000 | $1,420,000 | -50.4% | 0.3% |
First Financial Bank | $795,000 | $1,375,000 | 73.0% | 0.3% |
Bank of England | $3,105,000 | $1,365,000 | -56.0% | 0.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,185,000 | $1,310,000 | -58.9% | 0.3% |
RELIANCE FIRST CAPITAL, LLC | $790,000 | $1,285,000 | 62.7% | 0.3% |
POLARIS HOME FUNDING CORP. | $1,185,000 | $1,275,000 | 7.6% | 0.3% |
NEWREZ LLC | $2,780,000 | $1,225,000 | -55.9% | 0.2% |
RAPID MORTGAGE COMPANY | $390,000 | $1,225,000 | 214.1% | 0.2% |
VAN DYK MORTGAGE CORPORATION | $955,000 | $1,225,000 | 28.3% | 0.2% |
CLEARPATH LENDING | $1,420,000 | $1,200,000 | -15.5% | 0.2% |
HONDA Federal Credit Union | $2,635,000 | $1,175,000 | -55.4% | 0.2% |
Bank of America | $1,165,000 | $1,150,000 | -1.3% | 0.2% |
Day Air Credit Union, Inc | $1,350,000 | $1,135,000 | -15.9% | 0.2% |
FIRST OHIO HOME FINANCE, INC. | $2,675,000 | $1,080,000 | -59.6% | 0.2% |
Gateway First Bank | $1,435,000 | $995,000 | -30.7% | 0.2% |
Civista Bank | $2,210,000 | $955,000 | -56.8% | 0.2% |
AMERICAN FINANCING CORPORATION | $935,000 | $905,000 | -3.2% | 0.2% |
HOME POINT FINANCIAL CORPORATION | $1,725,000 | $900,000 | -47.8% | 0.2% |
AMERICAN MORTGAGE SERVICE COMPANY | $1,935,000 | $850,000 | -56.1% | 0.2% |
The Citizens National Bank of Bluffton | $930,000 | $785,000 | -15.6% | 0.2% |
UNIVERSAL 1 CREDIT UNION | $375,000 | $785,000 | 109.3% | 0.2% |
Figure Lending LLC | $535,000 | $760,000 | 42.1% | 0.2% |
LOANPAL, LLC | $250,000 | $760,000 | 204.0% | 0.2% |
Ally Bank | $300,000 | $750,000 | 150.0% | 0.1% |
BETTER MORTGAGE CORPORATION | $2,475,000 | $740,000 | -70.1% | 0.1% |
Equity Prime Mortgage LLC | $370,000 | $735,000 | 98.6% | 0.1% |
LIBERTY HOME MORTGAGE CORPORATION | $2,035,000 | $735,000 | -63.9% | 0.1% |
Dollar Bank, Federal Savings Bank | $705,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $525,000 | $695,000 | 32.4% | 0.1% |
The Federal Savings Bank | $2,905,000 | $695,000 | -76.1% | 0.1% |
Pathways Financial Credit Union, Inc. | $1,010,000 | $665,000 | -34.2% | 0.1% |
GSF Mortgage Corporation | $660,000 | n/a | 0.1% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $3,085,000 | $635,000 | -79.4% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $1,490,000 | $625,000 | -58.1% | 0.1% |
THE EQUITABLE MORTGAGE CORPORATION | $525,000 | $620,000 | 18.1% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $470,000 | $580,000 | 23.4% | 0.1% |
1st National Bank | $145,000 | $575,000 | 296.6% | 0.1% |
East Coast Capital Corp. | $305,000 | $570,000 | 86.9% | 0.1% |
LCNB National Bank | $570,000 | n/a | 0.1% | |
EVERETT FINANCIAL, INC. | $545,000 | n/a | 0.1% | |
GUILD MORTGAGE COMPANY | $1,770,000 | $545,000 | -69.2% | 0.1% |
NORTHERN MORTGAGE SERVICES, LLC | $2,015,000 | $545,000 | -73.0% | 0.1% |
Discover Bank | $550,000 | $520,000 | -5.5% | 0.1% |
CONTOUR MORTGAGE CORPORATION | $220,000 | $515,000 | 134.1% | 0.1% |
Princeton Mortgage Corporation | $500,000 | n/a | 0.1% | |
PRIORITY MORTGAGE CORP. | $1,595,000 | $500,000 | -68.7% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $910,000 | $495,000 | -45.6% | 0.1% |
First Commonwealth Bank | $1,100,000 | $465,000 | -57.7% | 0.1% |
Nations Lending Corporation | $680,000 | $460,000 | -32.4% | 0.1% |
CIVIC FINANCIAL SERVICES, LLC | $425,000 | n/a | 0.1% | |
1ST SIGNATURE LENDING, LLC | $195,000 | $420,000 | 115.4% | 0.1% |
First Federal Savings and Loan Association of Lakewood | $1,235,000 | $415,000 | -66.4% | 0.1% |
Heartland Bank | $985,000 | $415,000 | -57.9% | 0.1% |
Firefighters & Company FCU | $410,000 | n/a | 0.1% | |
SECURITYNATIONAL MORTGAGE COMPANY | $410,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $1,005,000 | $410,000 | -59.2% | 0.1% |
GUARANTEED RATE AFFINITY, LLC | $1,950,000 | $400,000 | -79.5% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $1,460,000 | $385,000 | -73.6% | 0.1% |
PHH Mortgage Corporation | $690,000 | $380,000 | -44.9% | 0.1% |
CMG MORTGAGE, INC. | $415,000 | $375,000 | -9.6% | 0.1% |
DIGITAL Federal Credit Union | $375,000 | n/a | 0.1% | |
MICHIGAN MUTUAL, INC. | $375,000 | n/a | 0.1% | |
MID AMERICA MORTGAGE, INC. | $725,000 | $370,000 | -49.0% | 0.1% |
KEMBA FINANCIAL | $220,000 | $360,000 | 63.6% | 0.1% |
NATIONS RELIABLE LENDING, LLC | $690,000 | $360,000 | -47.8% | 0.1% |
FIRST COMMUNITY MORTGAGE, INC. | $155,000 | $355,000 | 129.0% | 0.1% |
LENDINGHOME FUNDING CORPORATION | $200,000 | $350,000 | 75.0% | 0.1% |
LENDINGONE, LLC | $345,000 | n/a | 0.1% | |
ROSS MORTGAGE CORPORATION | $345,000 | n/a | 0.1% | |
HomePromise Corporation | $335,000 | n/a | 0.1% | |
Cf Bank | $330,000 | n/a | 0.1% | |
SUN WEST MORTGAGE COMPANY, INC. | $470,000 | $320,000 | -31.9% | 0.1% |
Magnolia Bank | $265,000 | $315,000 | 18.9% | 0.1% |
Barrington Bank & Trust Company, N.A. | $690,000 | $310,000 | -55.1% | 0.1% |
BMO Harris Bank | $305,000 | n/a | 0.1% | |
TOP FLITE FINANCIAL, INC. | $520,000 | $290,000 | -44.2% | 0.1% |
Citibank | $75,000 | $275,000 | 266.7% | 0.1% |
DIRECT MORTGAGE LOANS, LLC | $325,000 | $275,000 | -15.4% | 0.1% |
Greenville Federal | $135,000 | $275,000 | 103.7% | 0.1% |
Mercantile Bank of Michigan | $305,000 | $275,000 | -9.8% | 0.1% |
MYCUMORTGAGE, LLC | $1,190,000 | $270,000 | -77.3% | 0.1% |
SILVER HILL FUNDING, LLC | $255,000 | n/a | 0.1% | |
FINANCE OF AMERICA MORTGAGE LLC | $245,000 | n/a | 0.0% | |
Evolve Bank & Trust | $1,450,000 | $240,000 | -83.4% | 0.0% |
Armed Forces Bank | $235,000 | n/a | 0.0% | |
Northwest Bank | $730,000 | $235,000 | -67.8% | 0.0% |
NP, Inc. | $235,000 | n/a | 0.0% | |
Signature Federal Credit Union | $235,000 | n/a | 0.0% | |
Superior Credit Union, Inc. | $140,000 | $235,000 | 67.9% | 0.0% |
Merchants Bank of Indiana | $330,000 | $230,000 | -30.3% | 0.0% |
North American Savings Bank, F.S.B. | $255,000 | $225,000 | -11.8% | 0.0% |
Woodsfield Savings Bank | $225,000 | n/a | 0.0% | |
LIMA ONE CAPITAL, LLC | $135,000 | $220,000 | 63.0% | 0.0% |
UIF CORPORATION | $175,000 | $215,000 | 22.9% | 0.0% |
First Federal Community Bank of Bucyrus | $210,000 | n/a | 0.0% | |
Three Rivers Federal Credit Union | $210,000 | n/a | 0.0% | |
ARC HOME LLC | $205,000 | n/a | 0.0% | |
Paramount Residential Mortgage Group, Inc. | $1,175,000 | $205,000 | -82.6% | 0.0% |
AMERICAN INTERNET MORTGAGE, INC. | $195,000 | n/a | 0.0% | |
American Midwest Mortgage Corporation | $1,130,000 | $195,000 | -82.7% | 0.0% |
CME Federal Credit Union | $195,000 | n/a | 0.0% | |
NETWORK CAPITAL FUNDING CORPORATION | $155,000 | $195,000 | 25.8% | 0.0% |
RBC Bank, (Georgia) | $195,000 | n/a | 0.0% | |
SUCCESS MORTGAGE PARTNERS, INC. | $85,000 | $195,000 | 129.4% | 0.0% |
Liberty National Bank | $190,000 | n/a | 0.0% | |
Dieterich Bank | $185,000 | n/a | 0.0% | |
PARTNERS UNITED FINANCIAL, LLC | $90,000 | $185,000 | 105.6% | 0.0% |
COMPASS MORTGAGE, INC. | $175,000 | n/a | 0.0% | |
Hometown Lenders, Inc. | $1,100,000 | $175,000 | -84.1% | 0.0% |
GVC MORTGAGE, INC. | $280,000 | $170,000 | -39.3% | 0.0% |
ENDEAVOR CAPITAL, LLC. | $340,000 | $165,000 | -51.5% | 0.0% |
First Guaranty Mortgage Corporation | $825,000 | $165,000 | -80.0% | 0.0% |
HOWARD HANNA FINANCIAL SERVICES, INC. | $165,000 | n/a | 0.0% | |
Republic Bank & Trust Company | $165,000 | n/a | 0.0% | |
The Central Trust Bank | $165,000 | n/a | 0.0% | |
PENTAGON FEDERAL CREDIT UNION | $850,000 | $160,000 | -81.2% | 0.0% |
LAND HOME FINANCIAL SERVICES, INC. | $595,000 | $155,000 | -73.9% | 0.0% |
Peoples Bank | $85,000 | $155,000 | 82.4% | 0.0% |
Greenville National Bank | $150,000 | n/a | 0.0% | |
Axos Bank | $145,000 | n/a | 0.0% | |
KEMBA CREDIT UNION, INC. | $115,000 | $145,000 | 26.1% | 0.0% |
Covington Savings and Loan Association | $135,000 | n/a | 0.0% | |
First Internet Bank of Indiana | $275,000 | $135,000 | -50.9% | 0.0% |
LEADERONE FINANCIAL CORPORATION | $135,000 | n/a | 0.0% | |
Monroe Federal Savings and Loan Association | $135,000 | n/a | 0.0% | |
VILLAGE CAPITAL MORTGAGE | $3,790,000 | $135,000 | -96.4% | 0.0% |
AMWEST FUNDING CORP. | $145,000 | $125,000 | -13.8% | 0.0% |
LAKE MICHIGAN CREDIT UNION | $125,000 | n/a | 0.0% | |
The North Side Bank & Trust Company | $125,000 | n/a | 0.0% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $485,000 | $125,000 | -74.2% | 0.0% |
The Union Bank Company | $415,000 | $120,000 | -71.1% | 0.0% |
AMERICAN FINANCIAL RESOURCES, INC. | $320,000 | $115,000 | -64.1% | 0.0% |
AmeriHome Mortgage Company, LLC | $330,000 | $115,000 | -65.2% | 0.0% |
GENEVA FINANCIAL, LLC | $115,000 | $115,000 | 0.0% | 0.0% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,890,000 | $115,000 | -93.9% | 0.0% |
Plains Commerce Bank | $115,000 | n/a | 0.0% | |
TELHIO | $775,000 | $110,000 | -85.8% | 0.0% |
First Federal Savings and Loan Association | $105,000 | n/a | 0.0% | |
Hometown Equity Mortgage, LLC | $565,000 | $105,000 | -81.4% | 0.0% |
HOMEXPRESS MORTGAGE CORP. | $105,000 | n/a | 0.0% | |
RIVER VALLEY CREDIT UNION, INC. | $685,000 | $105,000 | -84.7% | 0.0% |
MORIA DEVELOPMENT, INC. | $125,000 | $100,000 | -20.0% | 0.0% |
COMMUNITYAMERICA | $95,000 | n/a | 0.0% | |
Neighborhood Loans, Inc. | $95,000 | n/a | 0.0% | |
SIRVA MORTGAGE, INC. | $95,000 | n/a | 0.0% | |
SPRING EQ, LLC | $90,000 | n/a | 0.0% | |
Advisors Mortgage Group, L.L.C. | $85,000 | n/a | 0.0% | |
HOMESPIRE MORTGAGE CORPORATION | $85,000 | n/a | 0.0% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $85,000 | n/a | 0.0% | |
NATIONS DIRECT MORTGAGE, LLC | $85,000 | $85,000 | 0.0% | 0.0% |
PROVIDENT FUNDING ASSOCIATES, L.P. | $85,000 | n/a | 0.0% | |
TOGETHER CREDIT UNION | $85,000 | n/a | 0.0% | |
Guardian Savings Bank, A Federal Savings Bank | $280,000 | $75,000 | -73.2% | 0.0% |
SOUTHWEST FUNDING, LP | $75,000 | n/a | 0.0% | |
US MORTGAGE CORPORATION | $75,000 | n/a | 0.0% | |
CODE | $15,000 | $70,000 | 366.7% | 0.0% |
KH NETWORK CREDIT UNION | $155,000 | $70,000 | -54.8% | 0.0% |
ASHLAND Credit Union | $65,000 | n/a | 0.0% | |
BMI Federal Credit Union | $320,000 | $65,000 | -79.7% | 0.0% |
HANCOCK MORTGAGE PARTNERS, LLC | $65,000 | n/a | 0.0% | |
HANSCOM | $65,000 | n/a | 0.0% | |
MORTGAGE 1 INCORPORATED | $465,000 | $65,000 | -86.0% | 0.0% |
AMERICAN ADVISORS GROUP | $595,000 | $55,000 | -90.8% | 0.0% |
American Airlines Federal Credit Union | $15,000 | $55,000 | 266.7% | 0.0% |
Transportation Federal Credit Union | $55,000 | n/a | 0.0% | |
Baxter Credit Union | $45,000 | n/a | 0.0% | |
NUMARK CREDIT UNION | $35,000 | n/a | 0.0% | |
STAR USA FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% | |
GENERAL ELECTRIC CREDIT UNION | $25,000 | n/a | 0.0% | |
BRIDGE | $550,000 | $15,000 | -97.3% | 0.0% |
GENISYS | $5,000 | n/a | 0.0% |
SPRINGFIELD's top lender by overall market share is WRIGHT-PATT CREDIT UNION, INC., with 10.1% market share. In second place, with 7.3%, is CALIBER HOME LOANS, INC., having originated $36,935,000 in loans. In third place, with 5.9%, is QUICKEN LOANS, LLC, having originated $29,455,000 in loans. In fourth place, with 4.5%, is The Huntington National Bank, having originated $22,650,000 in loans. In fifth place, with 4.2%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $21,065,000 in loans.
SPRINGFIELD Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SPRINGFIELD (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 | $97,100 (10.1%) | $133,299 (2.5%) | 0.39 | 403 |
2018-02-01 | $97,675 (13.3%) | $136,861 (3.6%) | 0.37 | 362 |
2018-03-01 | $93,400 (9.0%) | $132,347 (-3.6%) | 0.34 | 354 |
2018-04-01 | $97,850 (15.3%) | $134,574 (-0.7%) | 0.34 | 343 |
2018-05-01 | $99,375 (11.4%) | $143,987 (5.6%) | 0.36 | 368 |
2018-06-01 | $109,900 (22.3%) | $150,439 (8.9%) | 0.37 | 387 |
2018-07-01 | $107,225 (16.2%) | $149,644 (3.6%) | 0.37 | 387 |
2018-08-01 | $107,169 (17.1%) | $153,037 (6.4%) | 0.37 | 400 |
2018-09-01 | $106,000 (10.4%) | $151,365 (4.0%) | 0.37 | 403 |
2018-10-01 | $99,475 (4.9%) | $147,151 (2.9%) | 0.33 | 421 |
2018-11-01 | $99,900 (3.4%) | $143,833 (0.9%) | 0.34 | 414 |
2018-12-01 | $99,900 (0.0%) | $142,657 (3.7%) | 0.36 | 376 |
2019-01-01 | $100,550 (3.6%) | $135,078 (1.3%) | 0.38 | 297 |
2019-02-01 | $98,350 (0.7%) | $138,017 (0.8%) | 0.37 | 268 |
2019-03-01 | $104,636 (12.0%) | $142,818 (7.9%) | 0.38 | 255 |
2019-04-01 | $111,475 (13.9%) | $148,290 (10.2%) | 0.38 | 244 |
2019-05-01 | $112,400 (13.1%) | $146,715 (1.9%) | 0.39 | 259 |
2019-06-01 | $119,900 (9.1%) | $156,393 (4.0%) | 0.40 | 249 |
2019-07-01 | $123,325 (15.0%) | $155,258 (3.8%) | 0.41 | 283 |
2019-08-01 | $118,295 (10.4%) | $150,034 (-2.0%) | 0.41 | 305 |
2019-09-01 | $115,739 (9.2%) | $149,172 (-1.5%) | 0.41 | 305 |
2019-10-01 | $114,409 (15.0%) | $146,979 (-0.1%) | 0.41 | 310 |
2019-11-01 | $109,900 (10.0%) | $142,188 (-1.1%) | 0.37 | 321 |
2019-12-01 | $109,900 (10.0%) | $142,282 (-0.3%) | 0.38 | 304 |
2020-01-01 | $104,725 (4.2%) | $146,436 (8.4%) | 0.36 | 269 |
2020-02-01 | $98,875 (0.5%) | $143,230 (3.8%) | 0.32 | 224 |
2020-03-01 | $105,713 (1.0%) | $150,260 (5.2%) | 0.34 | 208 |
2020-04-01 | $102,450 (-8.1%) | $147,647 (-0.4%) | 0.31 | 190 |
2020-05-01 | $115,000 (2.3%) | $157,856 (7.6%) | 0.33 | 150 |
2020-06-01 | $127,975 (6.7%) | $174,028 (11.3%) | 0.39 | 129 |
2020-07-01 | $159,425 (29.3%) | $186,688 (20.2%) | 0.46 | 131 |
2020-08-01 | $156,500 (32.3%) | $185,438 (23.6%) | 0.46 | 129 |
2020-09-01 | $131,950 (14.0%) | $175,164 (17.4%) | 0.37 | 117 |
2020-10-01 | $137,900 (20.5%) | $179,217 (21.9%) | 0.40 | 124 |
2020-11-01 | $134,950 (22.8%) | $181,468 (27.6%) | 0.40 | 122 |
2020-12-01 | $134,375 (22.3%) | $180,276 (26.7%) | 0.41 | 95 |
2021-01-01 | $131,750 (25.8%) | $178,982 (22.2%) | 0.40 | 83 |
2021-02-01 | $152,475 (54.2%) | $177,587 (24.0%) | 0.43 | 61 |
2021-03-01 | $136,425 (29.1%) | $181,254 (20.6%) | 0.36 | 63 |
2021-04-01 | $174,900 (70.7%) | $200,081 (35.5%) | 0.46 | 67 |
2021-05-01 | $183,700 (59.7%) | $208,905 (32.3%) | 0.50 | 73 |
2021-06-01 | $166,175 (29.9%) | $186,173 (7.0%) | 0.45 | 112 |
2021-07-01 | $150,000 (-5.9%) | $184,412 (-1.2%) | 0.43 | 162 |
2021-08-01 | $150,000 (-4.2%) | $181,662 (-2.0%) | 0.38 | 196 |
2021-09-01 | $142,613 (8.1%) | $175,085 (-0.1%) | 0.38 | 179 |
2021-10-01 | $139,950 (1.5%) | $180,507 (0.7%) | 0.37 | 178 |
2021-11-01 | $158,675 (17.6%) | $188,727 (4.0%) | 0.41 | 179 |
2021-12-01 | $140,575 (4.6%) | $186,521 (3.5%) | 0.38 | 168 |
2022-01-01 | $157,900 (19.9%) | $196,051 (9.5%) | 0.42 | 120 |
2022-02-01 | $165,875 (8.8%) | $208,562 (17.4%) | 0.42 | 93 |
2022-03-01 | $197,200 (44.6%) | $245,187 (35.3%) | 0.49 | 77 |
2022-04-01 | $179,950 (2.9%) | $246,956 (23.4%) | 0.45 | 77 |
2022-05-01 | $177,250 (-3.5%) | $229,428 (9.8%) | 0.40 | 96 |
2022-06-01 | $169,950 (2.3%) | $226,163 (21.5%) | 0.37 | 110 |
2022-07-01 | $189,900 (26.6%) | $241,726 (31.1%) | 0.42 | 144 |
2022-08-01 | $169,900 (13.3%) | $214,616 (18.1%) | 0.38 | 172 |
2022-09-01 | $166,950 (17.1%) | $213,339 (21.9%) | 0.00 | 181 |
2022-10-01 | $169,450 (21.1%) | $216,417 (19.9%) | 0.00 | 190 |
2022-11-01 | $166,850 (5.2%) | $209,396 (11.0%) | 0.00 | 190 |
2022-12-01 | $177,150 (26.0%) | $220,687 (18.3%) | 0.00 | 167 |
2023-01-01 | $166,075 (5.2%) | $218,383 (11.4%) | 0.00 | 136 |
2023-02-01 | $161,400 (-2.7%) | $220,734 (5.8%) | 0.00 | 110 |
SPRINGFIELD's median listing price comes in at 0% of the national average.
SPRINGFIELD's average listing price for 2023-02-01 was $220,734, a difference of $12,172 (5.8%) versus the prior year and $2,351 versus the prior month.
For the 2023-02-01 period, SPRINGFIELD had 110 MLS listings, a difference of -26 listings (-19%) versus the prior month and 17 listings (18%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SPRINGFIELD (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 89 days | 1,452 sqft |
2018-02-01 | 95 days | 1,450 sqft |
2018-03-01 | 80 days | 1,442 sqft |
2018-04-01 | 56 days | 1,462 sqft |
2018-05-01 | 53 days | 1,481 sqft |
2018-06-01 | 52 days | 1,504 sqft |
2018-07-01 | 59 days | 1,497 sqft |
2018-08-01 | 60 days | 1,514 sqft |
2018-09-01 | 54 days | 1,492 sqft |
2018-10-01 | 61 days | 1,434 sqft |
2018-11-01 | 66 days | 1,411 sqft |
2018-12-01 | 81 days | 1,413 sqft |
2019-01-01 | 88 days | 1,395 sqft |
2019-02-01 | 85 days | 1,407 sqft |
2019-03-01 | 69 days | 1,445 sqft |
2019-04-01 | 49 days | 1,488 sqft |
2019-05-01 | 44 days | 1,462 sqft |
2019-06-01 | 39 days | 1,520 sqft |
2019-07-01 | 41 days | 1,510 sqft |
2019-08-01 | 41 days | 1,510 sqft |
2019-09-01 | 45 days | 1,496 sqft |
2019-10-01 | 45 days | 1,484 sqft |
2019-11-01 | 50 days | 1,435 sqft |
2019-12-01 | 60 days | 1,429 sqft |
2020-01-01 | 70 days | 1,421 sqft |
2020-02-01 | 72 days | 1,386 sqft |
2020-03-01 | 56 days | 1,450 sqft |
2020-04-01 | 51 days | 1,523 sqft |
2020-05-01 | 62 days | 1,566 sqft |
2020-06-01 | 52 days | 1,605 sqft |
2020-07-01 | 34 days | 1,662 sqft |
2020-08-01 | 34 days | 1,580 sqft |
2020-09-01 | 31 days | 1,444 sqft |
2020-10-01 | 25 days | 1,476 sqft |
2020-11-01 | 39 days | 1,476 sqft |
2020-12-01 | 51 days | 1,443 sqft |
2021-01-01 | 55 days | 1,392 sqft |
2021-02-01 | 40 days | 1,370 sqft |
2021-03-01 | 35 days | 1,371 sqft |
2021-04-01 | 30 days | 1,503 sqft |
2021-05-01 | 31 days | 1,594 sqft |
2021-06-01 | 29 days | 1,476 sqft |
2021-07-01 | 27 days | 1,454 sqft |
2021-08-01 | 32 days | 1,421 sqft |
2021-09-01 | 40 days | 1,421 sqft |
2021-10-01 | 42 days | 1,420 sqft |
2021-11-01 | 35 days | 1,429 sqft |
2021-12-01 | 48 days | 1,385 sqft |
2022-01-01 | 74 days | 1,432 sqft |
2022-02-01 | 84 days | 1,468 sqft |
2022-03-01 | 64 days | 1,519 sqft |
2022-04-01 | 43 days | 1,404 sqft |
2022-05-01 | 31 days | 1,344 sqft |
2022-06-01 | 30 days | 1,395 sqft |
2022-07-01 | 23 days | 1,420 sqft |
2022-08-01 | 30 days | 1,468 sqft |
2022-09-01 | 0 days | 1,452 sqft |
2022-10-01 | 0 days | 1,406 sqft |
2022-11-01 | 0 days | 1,430 sqft |
2022-12-01 | 0 days | 1,456 sqft |
2023-01-01 | 0 days | 1,420 sqft |
2023-02-01 | 0 days | 1,479 sqft |
SPRINGFIELD's median square footage for active listings during the 2023-02-01 period was 1,479 sqft. One year prior, the average listing was 1,468 sqft.
SPRINGFIELD, OH Average Rent (2023)
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Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
43010 | Springfield, OH | $640 | $720 | $930 | $1,160 | $1,260 |
43044 | Springfield, OH | $650 | $750 | $930 | $1,170 | $1,330 |
43078 | Springfield, OH | $520 | $590 | $760 | $940 | $1,030 |
43140 | Springfield, OH | $670 | $760 | $950 | $1,180 | $1,330 |
43153 | Springfield, OH | $650 | $750 | $930 | $1,170 | $1,330 |
45312 | Springfield, OH | $680 | $790 | $1,010 | $1,350 | $1,470 |
45314 | Springfield, OH | $520 | $590 | $760 | $1,010 | $1,100 |
45316 | Springfield, OH | $670 | $770 | $990 | $1,310 | $1,420 |
45319 | Springfield, OH | $510 | $570 | $740 | $920 | $1,000 |
45323 | Springfield, OH | $540 | $610 | $790 | $980 | $1,070 |
45324 | Springfield, OH | $620 | $690 | $890 | $1,180 | $1,270 |
45341 | Springfield, OH | $560 | $630 | $820 | $1,020 | $1,110 |
45344 | Springfield, OH | $600 | $680 | $880 | $1,100 | $1,200 |
45349 | Springfield, OH | $670 | $750 | $970 | $1,210 | $1,320 |
45368 | Springfield, OH | $510 | $590 | $760 | $1,010 | $1,100 |
45369 | Springfield, OH | $650 | $750 | $930 | $1,170 | $1,330 |
45372 | Springfield, OH | $540 | $600 | $780 | $970 | $1,060 |
45387 | Springfield, OH | $690 | $770 | $990 | $1,320 | $1,420 |
45501 | Springfield, OH | $560 | $630 | $820 | $1,020 | $1,110 |
45502 | Springfield, OH | $620 | $700 | $900 | $1,120 | $1,220 |
45503 | Springfield, OH | $580 | $660 | $850 | $1,060 | $1,150 |
45504 | Springfield, OH | $600 | $670 | $870 | $1,080 | $1,180 |
45505 | Springfield, OH | $520 | $590 | $760 | $940 | $1,030 |
45506 | Springfield, OH | $560 | $630 | $810 | $1,010 | $1,100 |
2022 Average & Median Rent Data Statistics
SPRINGFIELD, OH average 1BR rent: $677, median: $675
SPRINGFIELD, OH average 2BR rent: $868, median: $875
SPRINGFIELD, OH average 3BR rent: $1,100, median: $1,090
SPRINGFIELD, OH Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,703 | $301,545,000 | $177,067 |
Cash Out Refi | 641 | $101,675,000 | $158,619 |
Home Improvement | 432 | $29,110,000 | $67,384 |
Refi | 371 | $53,445,000 | $144,057 |
Other | 252 | $17,350,000 | $68,849 |
Springfield's most frequently cited loan purpose was Home Purchase, with 1,703 originations. The 2nd most popular reason was Cash Out Refi, with 641 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 844 | $136,850,000 | $162,145 |
4-5% | 736 | $114,460,000 | $155,516 |
3-4% | 639 | $102,975,000 | $161,150 |
6-7% | 486 | $66,480,000 | $136,790 |
7-8% | 199 | $22,265,000 | $111,884 |
2.5-3% | 153 | $25,125,000 | $164,216 |
Over 8% | 106 | $5,080,000 | $47,925 |
<2.5% | 97 | $8,995,000 | $92,732 |
During 2022, Springfield's most frequently originated rate bucket was 5-6%, with 844 originations.
Loan Sizing (SPRINGFIELD, OH MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 1,433 | $204,075,000 | $142,411 |
$100,000 or less | 1,249 | $73,785,000 | $59,075 |
$200k-400k | 632 | $164,390,000 | $260,111 |
$400k-600k | 61 | $28,015,000 | $459,262 |
$600k-1000k | 17 | $12,515,000 | $736,176 |
$Over $1MM | 7 | $20,345,000 | $2,906,429 |
SPRINGFIELD's loan sizing saw the bucket of loans from $100k-200k with 1,433 originations, totaling $204,075,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,396 | $251,140,000 | $179,900 |
60-80% | 775 | $132,925,000 | $171,516 |
20-40% | 405 | $28,575,000 | $70,556 |
40-60% | 339 | $43,915,000 | $129,543 |
Under 20% | 285 | $9,525,000 | $33,421 |
Over 100% | 39 | $9,285,000 | $238,077 |
SPRINGFIELD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,396 originations, totaling $251,140,000 in origination value.