Taos Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Taos averaged 6.8% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.79% and one month ago for the week of 2024-11-07, the average rate was 6.69%.

    Taos's average rate one year ago was 7.13%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.8%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Taos 30 Year Fixed Rate 2024-12-12 6.8%
    Taos 30 Year Fixed Rate Refi 2024-12-12 6.8%
    Taos 15 Year Fixed Rate 2024-12-12 5.94%
    Taos 15 Year Fixed Rate Refi 2024-12-12 6.14%
    Taos 30 Year FHA 2024-12-12 6.18%
    Taos 30 Year FHA Refi 2024-12-12 6.38%
    Taos 30 Year USDA 2024-12-12 6.1%
    Taos 30 Year USDA Refi 2024-12-12 6.3%
    Taos 30 Year VA 2024-12-12 6.08%
    Taos 30 Year VA Refi 2024-12-12 5.98%
    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
    2024-10-01 $620,750 (-0.7%) $848,563 (0.1%) 0.00 223
    2024-11-01 $600,000 (-6.4%) $798,736 (-10.9%) 0.00 213
    Taos's median listing price for 2024-11-01 was $600,000, a difference of $-41,250 (-6.4%) versus the prior year and $-20,750 versus the prior month.

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

    Taos's average listing price for 2024-11-01 was $798,736, a difference of $-98,057 (-10.9%) versus the prior year and $-49,827 versus the prior month.

    For the 2024-11-01 period, Taos had 213 MLS listings, a difference of -10 listings (-4%) versus the prior month and 57 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
    2024-10-01 0 days 1,945 sqft
    2024-11-01 0 days 1,944 sqft
    Taos's median listing age (time on market) for 2024-11-01 was 0 days.

    Taos's median square footage for active listings during the 2024-11-01 period was 1,944 sqft. One year prior, the average listing was 2,000 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.