Taos Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Taos averaged 6.32% 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 6.38% and one month ago for the week of 2024-08-29, the average rate was 6.35%.

Taos's average rate one year ago was 7.31%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Taos 30 Year Fixed Rate 2024-10-03 6.32%
Taos 30 Year Fixed Rate Refi 2024-10-03 6.22%
Taos 15 Year Fixed Rate 2024-10-03 5.15%
Taos 15 Year Fixed Rate Refi 2024-10-03 5.15%
Taos 30 Year FHA 2024-10-03 5.79%
Taos 30 Year FHA Refi 2024-10-03 5.89%
Taos 30 Year USDA 2024-10-03 5.97%
Taos 30 Year USDA Refi 2024-10-03 6.17%
Taos 30 Year VA 2024-10-03 5.7%
Taos 30 Year VA Refi 2024-10-03 5.7%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Taos, NM.

Taos 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 Taos, 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 25 6.91% $8,424
UNITED WHOLESALE MORTGAGE, LLC 20 7.13% $6,534
NUSENDA 11 6.11% $4,058
Wells Fargo Bank 5 6.23% $6,618
GUARANTEED RATE, INC. 5 7.83% $7,030
Waterstone Mortgage Corporation 4 7.28% $14,007
Bank of America 4 6.47% $4,622
21ST MORTGAGE CORPORATION 3 7.67% $7,274
DIRECTORS MORTGAGE, INC. 3 6.79% $13,602
U.S. Bank 3 6.67% $3,278
USAA Federal Savings Bank 3 6.54% $8,308
Flagstar Bank, FSB 3 7.10% $5,969
SANDIA LABORATORY 3 5.54% $2,956
JPMorgan Chase Bank 3 7.21% $10,874
BOKF 2 6.94% $5,213
Citibank 2 5.50% $4,639
FBC MORTGAGE, LLC 2 6.63% $8,392
Morgan Stanley Private Bank 2 5.90% $4,334
PLAZA HOME MORTGAGE, INC. 2 7.44% $5,110
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.63% $3,773
The Huntington National Bank 2 7.13% $6,642
ZILLOW HOME LOANS, LLC 2 7.19% $9,049
CROSSCOUNTRY MORTGAGE, LLC 1 8.63% $8,832
Gateway First Bank 1 6.50% $4,032
GENEVA FINANCIAL, LLC 1 6.88% $7,445
GUADALUPE CREDIT UNION 1 7.53% $3,754
CMG MORTGAGE, INC. 1 7.49% $3,684
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.13% $7,006
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.88% $5,652
CHEVRON 1 5.75% $2,902
LOANDEPOT.COM, LLC 1 7.63% $1,943
MASON MCDUFFIE MORTGAGE CORPORATION 1 6.13% $5,297
MICHIGAN MUTUAL, INC. 1 8.13% $13,167
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.50% $4,370
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.63% $13,049
MOVEMENT MORTGAGE, LLC 1 6.38% $4,342
Mr. Cooper ( Nationstar Mortgage ) 1 8.13% $11,254
MUTUAL OF OMAHA MORTGAGE, INC. 1 7.00% $3,110
Nations Lending Corporation 1 7.38% $3,627
NBH Bank 1 6.25% $1,946
Northpointe Bank 1 7.50% $52,541
Charles Schwab Bank, SSB 1 6.85% $5,920
PENTAGON FEDERAL CREDIT UNION 1 7.13% $8,305
Washington Federal Bank 1 8.88% $7,998
PNC Bank 1 6.75% $7,905
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.88% $10,484
AIR ACADEMY 1 7.00% $2,856
Century Mortgage Company DBA Century Lending Company 1 7.38% $3,335
CASTLE & COOKE MORTGAGE, LLC 1 7.63% $19,522
Southwest Airlines Federal Credit Union 1 6.00% $2,599
ADVANCIAL 1 8.75% $3,861
UNION SQUARE 1 7.25% $3,270
Bell Bank 1 8.38% $5,806
BAY EQUITY LLC 1 6.99% $13,905
Bank of England 1 6.00% $8,702
Del Norte Credit Union 1 6.63% $2,612
Enterprise Bank & Trust 1 6.13% $2,714
Farmers Bank & Trust 1 5.50% $8,970
VALOR BANK 1 7.63% $10,597
First-Citizens Bank & Trust Company 1 4.63% $4,530
First Horizon Bank 1 7.63% $4,544

Taos Average Closing Costs & Other Stats

Taos, NM's 61 lenders originated 339 loans during 2023. The total origination value was $94,595,000, with an average loan value of $279,041.

Taos's average closing costs are $5,599.

The top Taos lender as defined by loan originations is QUICKEN LOANS, LLC, with 25 loans originated. Their average total fees are $8,424, which is $1,890 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Taos lenders (with over 10 loans originated) are NUSENDA ($4,058), UNITED WHOLESALE MORTGAGE, LLC ($6,534), QUICKEN LOANS, LLC ($8,424), .

The lowest rate Taos lenders (with over 10 loans originated) are NUSENDA (6.11%), QUICKEN LOANS, LLC (6.91%), UNITED WHOLESALE MORTGAGE, LLC (7.13%), .

Taos, 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
UNITED WHOLESALE MORTGAGE, LLC $11,855,000 $9,580,000 -19.2% 10.1%
QUICKEN LOANS, LLC $32,685,000 $9,235,000 -71.7% 9.8%
NUSENDA $4,795,000 $5,520,000 15.1% 5.8%
21ST MORTGAGE CORPORATION $3,750,000 $4,365,000 16.4% 4.6%
Waterstone Mortgage Corporation $4,005,000 $3,480,000 -13.1% 3.7%
NBH Bank $6,490,000 $2,800,000 -56.9% 3.0%
Wells Fargo Bank $3,895,000 $2,785,000 -28.5% 2.9%
Flagstar Bank, FSB $12,245,000 $2,680,000 -78.1% 2.8%
DIRECTORS MORTGAGE, INC. $2,545,000 n/a 2.7%
U.S. Bank $5,035,000 $2,150,000 -57.3% 2.3%
JPMorgan Chase Bank $5,475,000 $2,000,000 -63.5% 2.1%
GUARANTEED RATE, INC. $1,520,000 $1,835,000 20.7% 1.9%
Bank of America $1,055,000 $1,640,000 55.5% 1.7%
Liberty Bank and Trust Company $1,505,000 n/a 1.6%
SANDIA LABORATORY $720,000 $1,440,000 100.0% 1.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,305,000 n/a 1.4%
GENEVA FINANCIAL, LLC $590,000 $1,275,000 116.1% 1.3%
Morgan Stanley Private Bank $645,000 $1,220,000 89.1% 1.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $775,000 $1,220,000 57.4% 1.3%
The Huntington National Bank $575,000 $1,110,000 93.0% 1.2%
BOKF $2,870,000 $1,095,000 -61.8% 1.2%
FBC MORTGAGE, LLC $1,630,000 $1,080,000 -33.7% 1.1%
Bell Bank $1,455,000 $1,025,000 -29.6% 1.1%
USAA Federal Savings Bank $305,000 $945,000 209.8% 1.0%
Citibank $930,000 n/a 1.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,350,000 $930,000 -31.1% 1.0%
Northpointe Bank $175,000 $875,000 400.0% 0.9%
PENTAGON FEDERAL CREDIT UNION $445,000 $875,000 96.6% 0.9%
Nations Lending Corporation $285,000 $850,000 198.2% 0.9%
Enterprise Bank & Trust $350,000 $805,000 130.0% 0.9%
MID AMERICA MORTGAGE, INC. $255,000 $795,000 211.8% 0.8%
ZILLOW HOME LOANS, LLC $700,000 $790,000 12.9% 0.8%
MOUNTAIN AMERICA $205,000 $750,000 265.9% 0.8%
CORNERSTONE HOME LENDING, INC. $415,000 $745,000 79.5% 0.8%
RELIANCE FIRST CAPITAL, LLC $995,000 $740,000 -25.6% 0.8%
PLAZA HOME MORTGAGE, INC. $1,475,000 $720,000 -51.2% 0.8%
MOVEMENT MORTGAGE, LLC $705,000 n/a 0.7%
Mr. Cooper ( Nationstar Mortgage ) $270,000 $645,000 138.9% 0.7%
Del Norte Credit Union $310,000 $640,000 106.5% 0.7%
Century Mortgage Company DBA Century Lending Company $630,000 n/a 0.7%
MICHIGAN MUTUAL, INC. $595,000 n/a 0.6%
PNC Bank $1,015,000 $535,000 -47.3% 0.6%
First-Citizens Bank & Trust Company $525,000 n/a 0.6%
CMG MORTGAGE, INC. $510,000 n/a 0.5%
Gateway First Bank $785,000 $495,000 -36.9% 0.5%
UNION SQUARE $675,000 $495,000 -26.7% 0.5%
FIRST COMMUNITY MORTGAGE, INC. $5,045,000 $485,000 -90.4% 0.5%
AMERISAVE MORTGAGE CORPORATION $1,730,000 $475,000 -72.5% 0.5%
TRIAD FINANCIAL SERVICES, INC. $470,000 n/a 0.5%
PRIMARY RESIDENTIAL MORTGAGE, INC. $465,000 n/a 0.5%
Charles Schwab Bank, SSB $1,560,000 $445,000 -71.5% 0.5%
First State Bank $355,000 $435,000 22.5% 0.5%
City Bank $425,000 n/a 0.4%
Mortgage Research Center, LLC $1,455,000 $425,000 -70.8% 0.4%
PENNYMAC LOAN SERVICES, LLC $2,250,000 $415,000 -81.6% 0.4%
CASTLE & COOKE MORTGAGE, LLC $405,000 n/a 0.4%
CHEVRON $830,000 $405,000 -51.2% 0.4%
Axos Bank $385,000 n/a 0.4%
HOMEBRIDGE FINANCIAL SERVICES, INC. $720,000 $365,000 -49.3% 0.4%
The Central Trust Bank $365,000 n/a 0.4%
VALOR BANK $365,000 n/a 0.4%
First Horizon Bank $355,000 n/a 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $245,000 $355,000 44.9% 0.4%
BAY EQUITY LLC $365,000 $335,000 -8.2% 0.4%
Farmers Bank & Trust $335,000 n/a 0.4%
MORTGAGE SOLUTIONS OF COLORADO, LLC $975,000 $325,000 -66.7% 0.3%
Commerce Home Mortgage, Inc. $185,000 $305,000 64.9% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $2,290,000 $275,000 -88.0% 0.3%
Bank of England $265,000 n/a 0.3%
GUADALUPE CREDIT UNION $950,000 $250,000 -73.7% 0.3%
MASON MCDUFFIE MORTGAGE CORPORATION $245,000 n/a 0.3%
SUN WEST MORTGAGE COMPANY, INC. $245,000 n/a 0.3%
Amarillo National Bank $1,345,000 $225,000 -83.3% 0.2%
COLORADO CREDIT UNION $225,000 n/a 0.2%
PHH Mortgage Corporation $225,000 n/a 0.2%
SUN AMERICAN MORTGAGE COMPANY $225,000 n/a 0.2%
LOANDEPOT.COM, LLC $2,975,000 $215,000 -92.8% 0.2%
ADVANCIAL $205,000 n/a 0.2%
NEWREZ LLC $535,000 $205,000 -61.7% 0.2%
SOUTHWEST STAGE FUNDING, LLC $460,000 $205,000 -55.4% 0.2%
Barrington Bank & Trust Company, N.A. $175,000 $195,000 11.4% 0.2%
Kirtland Federal Credit Union $105,000 $195,000 85.7% 0.2%
TOWER $175,000 n/a 0.2%
Sunflower Bank $1,175,000 $165,000 -86.0% 0.2%
Washington Federal Bank $1,820,000 $145,000 -92.0% 0.2%
AIR ACADEMY $125,000 n/a 0.1%
Prosperity Home Mortgage, LLC $125,000 n/a 0.1%
STATE EMPLOYEES $1,065,000 $125,000 -88.3% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $105,000 n/a 0.1%
Southwest Airlines Federal Credit Union $95,000 n/a 0.1%
BROKER SOLUTIONS, INC. $2,330,000 $75,000 -96.8% 0.1%

Taos's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 10.1% market share. In second place, with 9.8%, is QUICKEN LOANS, LLC, having originated $9,235,000 in loans. In third place, with 5.8%, is NUSENDA, having originated $5,520,000 in loans. In fourth place, with 4.6%, is 21ST MORTGAGE CORPORATION, having originated $4,365,000 in loans. In fifth place, with 3.7%, is Waterstone Mortgage Corporation, having originated $3,480,000 in loans.


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

Realtor.com - Taos (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 $383,375 (10.6%) $571,040 (14.1%) 0.00 291
2018-02-01 $382,000 (10.1%) $649,263 (30.6%) 0.00 281
2018-03-01 $375,000 (10.9%) $634,762 (29.5%) 0.00 290
2018-04-01 $367,200 (11.5%) $630,509 (31.6%) 0.00 306
2018-05-01 $377,250 (11.3%) $569,737 (21.2%) 0.00 330
2018-06-01 $397,000 (15.1%) $574,266 (21.2%) 0.00 363
2018-07-01 $399,000 (14.0%) $576,594 (23.4%) 0.00 393
2018-08-01 $393,500 (12.4%) $565,128 (23.2%) 0.00 417
2018-09-01 $385,000 (10.2%) $577,878 (26.2%) 0.00 424
2018-10-01 $389,750 (11.5%) $578,033 (22.5%) 0.00 398
2018-11-01 $397,500 (10.7%) $617,788 (22.1%) 0.00 368
2018-12-01 $398,000 (9.3%) $660,618 (30.4%) 0.00 344
2019-01-01 $394,225 (2.8%) $684,545 (19.9%) 0.00 314
2019-02-01 $389,750 (2.0%) $577,865 (-11.0%) 0.00 309
2019-03-01 $385,286 (2.7%) $560,667 (-11.7%) 0.00 310
2019-04-01 $379,000 (3.2%) $537,015 (-14.8%) 0.00 314
2019-05-01 $376,000 (-0.3%) $512,945 (-10.0%) 0.00 347
2019-06-01 $379,000 (-4.5%) $518,336 (-9.7%) 0.00 369
2019-07-01 $377,000 (-5.5%) $529,817 (-8.1%) 0.00 390
2019-08-01 $375,682 (-4.5%) $532,198 (-5.8%) 0.00 395
2019-09-01 $376,705 (-2.2%) $538,161 (-6.9%) 0.00 397
2019-10-01 $387,750 (-0.5%) $547,060 (-5.4%) 0.00 393
2019-11-01 $399,000 (0.4%) $575,331 (-6.9%) 0.00 349
2019-12-01 $399,000 (0.3%) $570,499 (-13.6%) 0.00 334
2020-01-01 $409,725 (3.9%) $591,052 (-13.7%) 0.00 280
2020-02-01 $399,000 (2.4%) $588,395 (1.8%) 0.00 281
2020-03-01 $399,500 (3.7%) $593,525 (5.9%) 0.00 275
2020-04-01 $399,000 (5.3%) $582,835 (8.5%) 0.00 265
2020-05-01 $404,950 (7.7%) $578,311 (12.7%) 0.00 265
2020-06-01 $425,000 (12.1%) $579,654 (11.8%) 0.00 262
2020-07-01 $427,000 (13.3%) $589,766 (11.3%) 0.00 260
2020-08-01 $446,000 (18.7%) $639,941 (20.3%) 0.00 228
2020-09-01 $485,000 (28.8%) $674,300 (25.3%) 0.00 209
2020-10-01 $495,000 (27.7%) $724,426 (32.4%) 0.00 205
2020-11-01 $496,000 (24.3%) $711,387 (23.7%) 0.00 167
2020-12-01 $477,000 (19.6%) $681,581 (19.5%) 0.00 157
2021-01-01 $442,450 (8.0%) $699,586 (18.4%) 0.00 135
2021-02-01 $458,225 (14.8%) $728,735 (23.9%) 0.00 113
2021-03-01 $489,500 (22.5%) $774,752 (30.5%) 0.00 106
2021-04-01 $495,750 (24.3%) $797,966 (36.9%) 0.00 117
2021-05-01 $459,000 (13.4%) $747,145 (29.2%) 0.00 120
2021-06-01 $448,000 (5.4%) $718,114 (23.9%) 0.00 147
2021-07-01 $462,500 (8.3%) $704,182 (19.4%) 0.00 164
2021-08-01 $465,725 (4.4%) $714,656 (11.7%) 0.00 164
2021-09-01 $449,000 (-7.4%) $713,376 (5.8%) 0.00 147
2021-10-01 $493,500 (-0.3%) $807,810 (11.5%) 0.00 138
2021-11-01 $478,500 (-3.5%) $791,943 (11.3%) 0.00 117
2021-12-01 $492,000 (3.1%) $781,432 (14.7%) 0.00 111
2022-01-01 $479,000 (8.3%) $780,874 (11.6%) 0.00 99
2022-02-01 $512,000 (11.7%) $815,336 (11.9%) 0.00 83
2022-03-01 $478,500 (-2.3%) $772,132 (-0.3%) 0.00 91
2022-04-01 $496,500 (0.2%) $801,824 (0.5%) 0.00 90
2022-05-01 $572,000 (24.6%) $812,921 (8.8%) 0.00 98
2022-06-01 $582,750 (30.1%) $794,220 (10.6%) 0.00 115
2022-07-01 $609,000 (31.7%) $849,758 (20.7%) 0.00 139
2022-08-01 $602,250 (29.3%) $842,894 (17.9%) 0.00 158
2022-09-01 $562,250 (25.2%) $802,627 (12.5%) 0.00 163
2022-10-01 $580,000 (17.5%) $758,542 (-6.1%) 0.00 162
2022-11-01 $546,500 (14.2%) $727,804 (-8.1%) 0.00 172
2022-12-01 $579,500 (17.8%) $758,389 (-3.0%) 0.00 164
2023-01-01 $569,000 (18.8%) $750,780 (-3.9%) 0.00 149
2023-02-01 $568,500 (11.0%) $735,139 (-9.8%) 0.00 140
2023-03-01 $568,500 (18.8%) $751,941 (-2.6%) 0.00 130
2023-04-01 $565,750 (14.0%) $730,887 (-8.9%) 0.00 139
2023-05-01 $553,000 (-3.3%) $719,682 (-11.5%) 0.00 136
2023-06-01 $593,750 (1.9%) $732,308 (-7.8%) 0.00 157
2023-07-01 $577,000 (-5.3%) $726,875 (-14.5%) 0.00 171
2023-08-01 $617,500 (2.5%) $802,919 (-4.7%) 0.00 166
2023-09-01 $619,000 (10.1%) $806,365 (0.5%) 0.00 166
2023-10-01 $625,000 (7.8%) $847,389 (11.7%) 0.00 171
2023-11-01 $641,250 (17.3%) $896,793 (23.2%) 0.00 156
2023-12-01 $649,000 (12.0%) $915,799 (20.8%) 0.00 149
2024-01-01 $647,000 (13.7%) $918,187 (22.3%) 0.00 149
2024-02-01 $629,750 (10.8%) $1,075,151 (46.3%) 0.00 155
2024-03-01 $649,500 (14.3%) $1,082,512 (44.0%) 0.00 159
2024-04-01 $662,375 (17.1%) $899,813 (23.1%) 0.00 167
2024-05-01 $658,625 (19.1%) $871,619 (21.1%) 0.00 187
2024-06-01 $649,000 (9.3%) $869,947 (18.8%) 0.00 200
2024-07-01 $642,000 (11.3%) $848,585 (16.7%) 0.00 212
2024-08-01 $630,000 (2.0%) $852,109 (6.1%) 0.00 221
2024-09-01 $610,000 (-1.5%) $841,795 (4.4%) 0.00 227
Taos's median listing price for 2024-09-01 was $610,000, a difference of $-9,000 (-1.5%) versus the prior year and $-20,000 versus the prior month.

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

Taos's average listing price for 2024-09-01 was $841,795, a difference of $35,430 (4.4%) versus the prior year and $-10,314 versus the prior month.

For the 2024-09-01 period, Taos had 227 MLS listings, a difference of 6 listings (3%) versus the prior month and 61 listings (37%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Taos (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,900 sqft
2018-02-01 0 days 1,900 sqft
2018-03-01 0 days 1,848 sqft
2018-04-01 0 days 1,800 sqft
2018-05-01 0 days 1,864 sqft
2018-06-01 0 days 1,892 sqft
2018-07-01 0 days 1,895 sqft
2018-08-01 0 days 1,809 sqft
2018-09-01 0 days 1,800 sqft
2018-10-01 0 days 1,800 sqft
2018-11-01 0 days 1,800 sqft
2018-12-01 0 days 1,800 sqft
2019-01-01 0 days 1,800 sqft
2019-02-01 0 days 1,800 sqft
2019-03-01 0 days 1,800 sqft
2019-04-01 0 days 1,800 sqft
2019-05-01 0 days 1,800 sqft
2019-06-01 0 days 1,832 sqft
2019-07-01 0 days 1,842 sqft
2019-08-01 0 days 1,823 sqft
2019-09-01 0 days 1,833 sqft
2019-10-01 0 days 1,853 sqft
2019-11-01 0 days 1,866 sqft
2019-12-01 0 days 1,863 sqft
2020-01-01 0 days 1,886 sqft
2020-02-01 0 days 1,880 sqft
2020-03-01 0 days 1,862 sqft
2020-04-01 0 days 1,812 sqft
2020-05-01 0 days 1,857 sqft
2020-06-01 0 days 1,824 sqft
2020-07-01 0 days 1,908 sqft
2020-08-01 0 days 1,979 sqft
2020-09-01 0 days 2,000 sqft
2020-10-01 0 days 2,142 sqft
2020-11-01 0 days 2,152 sqft
2020-12-01 0 days 1,990 sqft
2021-01-01 0 days 1,896 sqft
2021-02-01 0 days 2,019 sqft
2021-03-01 0 days 1,955 sqft
2021-04-01 0 days 1,881 sqft
2021-05-01 0 days 1,777 sqft
2021-06-01 0 days 1,877 sqft
2021-07-01 0 days 1,876 sqft
2021-08-01 0 days 1,818 sqft
2021-09-01 0 days 1,864 sqft
2021-10-01 0 days 1,897 sqft
2021-11-01 0 days 1,860 sqft
2021-12-01 0 days 1,912 sqft
2022-01-01 0 days 1,869 sqft
2022-02-01 0 days 1,888 sqft
2022-03-01 0 days 1,880 sqft
2022-04-01 0 days 1,878 sqft
2022-05-01 0 days 1,933 sqft
2022-06-01 0 days 1,800 sqft
2022-07-01 0 days 1,966 sqft
2022-08-01 0 days 1,959 sqft
2022-09-01 0 days 1,899 sqft
2022-10-01 0 days 1,881 sqft
2022-11-01 0 days 1,810 sqft
2022-12-01 0 days 1,945 sqft
2023-01-01 0 days 1,927 sqft
2023-02-01 0 days 1,943 sqft
2023-03-01 0 days 1,953 sqft
2023-04-01 0 days 1,997 sqft
2023-05-01 0 days 1,941 sqft
2023-06-01 0 days 2,000 sqft
2023-07-01 0 days 1,918 sqft
2023-08-01 0 days 1,933 sqft
2023-09-01 0 days 1,945 sqft
2023-10-01 0 days 1,999 sqft
2023-11-01 0 days 2,000 sqft
2023-12-01 0 days 2,000 sqft
2024-01-01 0 days 2,040 sqft
2024-02-01 0 days 1,997 sqft
2024-03-01 0 days 2,000 sqft
2024-04-01 0 days 2,000 sqft
2024-05-01 0 days 1,923 sqft
2024-06-01 0 days 1,917 sqft
2024-07-01 0 days 1,906 sqft
2024-08-01 0 days 1,977 sqft
2024-09-01 0 days 1,938 sqft
Taos's median listing age (time on market) for 2024-09-01 was 0 days.

Taos's median square footage for active listings during the 2024-09-01 period was 1,938 sqft. One year prior, the average listing was 1,945 sqft.

Taos, NM Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 240 $76,720,000 $319,667
Cash Out Refi 41 $8,425,000 $205,488
Home Improvement 23 $2,935,000 $127,609
Other 22 $4,250,000 $193,182
Refi 13 $2,265,000 $174,231

Taos's most frequently cited loan purpose was Home Purchase, with 240 originations. The 2nd most popular reason was Cash Out Refi, with 41 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 108 $32,760,000 $303,333
Over 8% 89 $14,055,000 $157,921
7-8% 88 $29,610,000 $336,477
5-6% 45 $13,415,000 $298,111
4-5% 5 $1,865,000 $373,000
2.5-3% 1 $225,000 $225,000

During 2023, Taos's most frequently originated rate bucket was 6-7%, with 108 originations.

Loan Sizing (Taos, NM MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 128 $36,170,000 $282,578
$100k-200k 86 $12,520,000 $145,581
$400k-600k 56 $25,720,000 $459,286
$100,000 or less 46 $2,590,000 $56,304
$600k-1000k 20 $14,040,000 $702,000
$Over $1MM 3 $3,555,000 $1,185,000

Taos's loan sizing saw the bucket of loans from $200k-400k with 128 originations, totaling $36,170,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 124 $39,000,000 $314,516
60-80% 98 $34,130,000 $348,265
Under 20% 39 $2,465,000 $63,205
40-60% 37 $8,755,000 $236,622
20-40% 34 $7,100,000 $208,824
Over 100% 2 $220,000 $110,000

Taos's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 124 originations, totaling $39,000,000 in origination value.