Wabash Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Wabash averaged
6.91%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
6.9% and
one month ago for the week of 2023-08-17, the
average rate was 6.91%.
Wabash's average rate one year ago was 5.84%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.19%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Wabash 30 Year Fixed Rate | 2023-09-21 | 6.91% |
Wabash 30 Year Fixed Rate Refi | 2023-09-21 | 7.19% |
Wabash 15 Year Fixed Rate | 2023-09-21 | 6.54% |
Wabash 15 Year Fixed Rate Refi | 2023-09-21 | 7.14% |
Wabash 30 Year FHA | 2023-09-21 | 7.26% |
Wabash 30 Year FHA Refi | 2023-09-21 | 7.24% |
Wabash 30 Year USDA | 2023-09-21 | 7.02% |
Wabash 30 Year USDA Refi | 2023-09-21 | 6.92% |
Wabash 30 Year VA | 2023-09-21 | 6.82% |
Wabash 30 Year VA Refi | 2023-09-21 | 6.62% |
Wabash 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 Wabash, IN 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.).
Wabash Average Closing Costs & Other Stats
Wabash, IN's 57 lenders originated 852
loans during 2022. The total origination value was $103,950,000, with an average loan value of
$122,007.
Wabash's average closing costs are $3,134.
The top Wabash lender as defined by loan originations is Crossroads Bank, with
84 loans originated. Their average total fees are
$1,691, which is $584
lower than the next largest lender,
RUOFF MORTGAGE COMPANY, INC..
The lowest fee Wabash lenders (with over 10 loans originated) are
Crossroads Bank ($1,691), BEACON CREDIT UNION ($1,977), RUOFF MORTGAGE COMPANY, INC. ($2,275), HALLMARK HOME MORTGAGE, LLC ($4,650) and .
The lowest rate Wabash lenders (with over 10 loans originated) are
BEACON CREDIT UNION (4.49%), Crossroads Bank (5.10%), RUOFF MORTGAGE COMPANY, INC. (5.34%), HALLMARK HOME MORTGAGE, LLC (5.85%) and .
Wabash, IN 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 |
---|---|---|---|---|
Crossroads Bank | $32,010,000 | $24,120,000 | -24.6% | 23.2% |
RUOFF MORTGAGE COMPANY, INC. | $15,135,000 | $10,380,000 | -31.4% | 10.0% |
BEACON CREDIT UNION | $15,190,000 | $8,695,000 | -42.8% | 8.4% |
QUICKEN LOANS, LLC | $7,915,000 | $4,190,000 | -47.1% | 4.0% |
Lake City Bank | $1,520,000 | $3,750,000 | 146.7% | 3.6% |
First Merchants Bank | $4,235,000 | $3,210,000 | -24.2% | 3.1% |
HALLMARK HOME MORTGAGE, LLC | $3,690,000 | $2,460,000 | -33.3% | 2.4% |
NEWREZ LLC | $2,120,000 | $2,380,000 | 12.3% | 2.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $730,000 | $1,930,000 | 164.4% | 1.9% |
First Farmers Bank and Trust Company | $5,045,000 | $1,735,000 | -65.6% | 1.7% |
Three Rivers Federal Credit Union | $1,385,000 | $1,565,000 | 13.0% | 1.5% |
WALKER & DUNLOP, LLC | $1,395,000 | n/a | 1.3% | |
NEW DAY FINANCIAL, LLC | $345,000 | $1,295,000 | 275.4% | 1.2% |
JPMorgan Chase Bank | $2,580,000 | $1,280,000 | -50.4% | 1.2% |
GUARANTEED RATE, INC. | $190,000 | $1,170,000 | 515.8% | 1.1% |
The Huntington National Bank | $2,165,000 | $1,140,000 | -47.3% | 1.1% |
LOANDEPOT.COM, LLC | $1,175,000 | $1,115,000 | -5.1% | 1.1% |
Solarity Credit Union | $1,115,000 | n/a | 1.1% | |
First Federal Savings Bank | $1,290,000 | $1,110,000 | -14.0% | 1.1% |
Flagstar Bank, FSB | $3,470,000 | $1,080,000 | -68.9% | 1.0% |
FREEDOM MORTGAGE CORPORATION | $3,945,000 | $1,060,000 | -73.1% | 1.0% |
PNC Bank | $600,000 | $980,000 | 63.3% | 0.9% |
Mortgage Research Center, LLC | $1,695,000 | $970,000 | -42.8% | 0.9% |
PLAZA HOME MORTGAGE, INC. | $965,000 | $940,000 | -2.6% | 0.9% |
The Fountain Trust Company | $925,000 | n/a | 0.9% | |
AMERICAN MORTGAGE SERVICE COMPANY | $855,000 | n/a | 0.8% | |
First Financial Bank | $645,000 | $840,000 | 30.2% | 0.8% |
PARTNERS 1ST Federal Credit Union | $780,000 | $815,000 | 4.5% | 0.8% |
POLARIS HOME FUNDING CORP. | $395,000 | $795,000 | 101.3% | 0.8% |
MUTUAL OF OMAHA MORTGAGE, INC. | $180,000 | $780,000 | 333.3% | 0.8% |
GVC MORTGAGE, INC. | $1,115,000 | $775,000 | -30.5% | 0.7% |
STAR Financial Bank | $980,000 | $755,000 | -23.0% | 0.7% |
Nations Lending Corporation | $975,000 | $750,000 | -23.1% | 0.7% |
Baxter Credit Union | $715,000 | n/a | 0.7% | |
ROYAL UNITED MORTGAGE LLC | $480,000 | $675,000 | 40.6% | 0.6% |
AMERICAN FINANCING CORPORATION | $305,000 | $605,000 | 98.4% | 0.6% |
BROKER SOLUTIONS, INC. | $570,000 | n/a | 0.5% | |
LAKEVIEW LOAN SERVICING, LLC | $125,000 | $540,000 | 332.0% | 0.5% |
Mr. Cooper ( Nationstar Mortgage ) | $1,165,000 | $485,000 | -58.4% | 0.5% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $670,000 | $455,000 | -32.1% | 0.4% |
MICHIGAN MUTUAL, INC. | $660,000 | $455,000 | -31.1% | 0.4% |
UNITED WHOLESALE MORTGAGE, LLC | $540,000 | $445,000 | -17.6% | 0.4% |
ACADEMY MORTGAGE CORPORATION | $435,000 | n/a | 0.4% | |
AMERISAVE MORTGAGE CORPORATION | $700,000 | $420,000 | -40.0% | 0.4% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $320,000 | $395,000 | 23.4% | 0.4% |
Equity Prime Mortgage LLC | $385,000 | n/a | 0.4% | |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $560,000 | $375,000 | -33.0% | 0.4% |
UNION HOME MORTGAGE CORP. | $1,290,000 | $375,000 | -70.9% | 0.4% |
AMERIFIRST FINANCIAL CORPORATION | $370,000 | n/a | 0.4% | |
PENNYMAC LOAN SERVICES, LLC | $855,000 | $360,000 | -57.9% | 0.3% |
Regions Bank | $800,000 | $360,000 | -55.0% | 0.3% |
MID AMERICA MORTGAGE, INC. | $320,000 | $350,000 | 9.4% | 0.3% |
Farm Credit Mid-America, ACA | $900,000 | $330,000 | -63.3% | 0.3% |
PURDUE FEDERAL CREDIT UNION | $420,000 | $330,000 | -21.4% | 0.3% |
TEACHERS CREDIT UNION | $965,000 | $325,000 | -66.3% | 0.3% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $225,000 | $315,000 | 40.0% | 0.3% |
USAA Federal Savings Bank | $135,000 | $310,000 | 129.6% | 0.3% |
1st Source Bank | $790,000 | $305,000 | -61.4% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $125,000 | $300,000 | 140.0% | 0.3% |
Sierra Pacific Mortgage Company, Inc. | $285,000 | n/a | 0.3% | |
CALIBER HOME LOANS, INC. | $760,000 | $260,000 | -65.8% | 0.3% |
STOCKTON MORTGAGE CORPORATION | $75,000 | $250,000 | 233.3% | 0.2% |
Northwest Bank | $215,000 | $240,000 | 11.6% | 0.2% |
LEADERONE FINANCIAL CORPORATION | $645,000 | $230,000 | -64.3% | 0.2% |
KeyBank | $225,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $1,275,000 | $210,000 | -83.5% | 0.2% |
Horizon Bank | $720,000 | $205,000 | -71.5% | 0.2% |
Chicago Mortgage Solutions LLC | $200,000 | n/a | 0.2% | |
CLEARPATH LENDING | $195,000 | n/a | 0.2% | |
FORT FINANCIAL Federal Credit Union | $105,000 | $195,000 | 85.7% | 0.2% |
NAVY FEDERAL CREDIT UNION | $685,000 | $195,000 | -71.5% | 0.2% |
FLAT BRANCH MORTGAGE, INC. | $175,000 | n/a | 0.2% | |
ProFed Federal Credit Union | $490,000 | $170,000 | -65.3% | 0.2% |
Bank of England | $165,000 | n/a | 0.2% | |
Third Federal Savings and Loan Association of Cleveland | $160,000 | n/a | 0.2% | |
VAN DYK MORTGAGE CORPORATION | $155,000 | n/a | 0.1% | |
Security Federal Savings Bank | $150,000 | n/a | 0.1% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $505,000 | $145,000 | -71.3% | 0.1% |
FIRST COMMUNITY MORTGAGE, INC. | $145,000 | n/a | 0.1% | |
MIDWEST AMERICA | $595,000 | $145,000 | -75.6% | 0.1% |
Hometown Lenders, Inc. | $135,000 | n/a | 0.1% | |
SOUTHWEST FUNDING, LP | $135,000 | n/a | 0.1% | |
AmeriHome Mortgage Company, LLC | $380,000 | $125,000 | -67.1% | 0.1% |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $125,000 | n/a | 0.1% | |
INTERRA CREDIT UNION | $125,000 | n/a | 0.1% | |
Loan Simple, Inc. | $125,000 | n/a | 0.1% | |
Figure Lending LLC | $115,000 | n/a | 0.1% | |
RELIANCE FIRST CAPITAL, LLC | $115,000 | n/a | 0.1% | |
The Garrett State Bank | $115,000 | n/a | 0.1% | |
TOWNE MORTGAGE COMPANY | $115,000 | n/a | 0.1% | |
Lend Smart Mortgage, LLC | $105,000 | n/a | 0.1% | |
Barrington Bank & Trust Company, N.A. | $290,000 | $95,000 | -67.2% | 0.1% |
First Bank of Berne | $140,000 | $95,000 | -32.1% | 0.1% |
Signature Federal Credit Union | $95,000 | n/a | 0.1% | |
STAR USA FEDERAL CREDIT UNION | $95,000 | n/a | 0.1% | |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $85,000 | n/a | 0.1% | |
Citizens Bank | $85,000 | n/a | 0.1% | |
TUCKER MORTGAGE, LLC | $85,000 | n/a | 0.1% | |
MEMBER FIRST MORTGAGE, LLC | $125,000 | $75,000 | -40.0% | 0.1% |
SUCCESS MORTGAGE PARTNERS, INC. | $75,000 | n/a | 0.1% | |
Fifth Third Bank | $240,000 | $55,000 | -77.1% | 0.1% |
First Federal Savings Bank | $1,290,000 | $55,000 | -95.7% | 0.1% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $55,000 | n/a | 0.1% | |
Wells Fargo Bank | $475,000 | $55,000 | -88.4% | 0.1% |
AMERICAN ADVISORS GROUP | $45,000 | n/a | 0.0% | |
Community First Bank of Indiana | $45,000 | n/a | 0.0% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $95,000 | $35,000 | -63.2% | 0.0% |
FINANCIAL BUILDERS Federal Credit Union | $15,000 | $15,000 | 0.0% | 0.0% |
Home Loan Investment Bank, F.S.B. | $15,000 | n/a | 0.0% | |
INDIANA MEMBERS CREDIT UNION | $15,000 | n/a | 0.0% |
Wabash's top lender by overall market share is Crossroads Bank, with 23.2% market share. In second place, with 10.0%, is RUOFF MORTGAGE COMPANY, INC., having originated $10,380,000 in loans. In third place, with 8.4%, is BEACON CREDIT UNION, having originated $8,695,000 in loans. In fourth place, with 4.0%, is QUICKEN LOANS, LLC, having originated $4,190,000 in loans. In fifth place, with 3.6%, is Lake City Bank, having originated $3,750,000 in loans.
Wabash Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Wabash (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 | $92,450 (10.6%) | $126,013 (10.7%) | 0.00 | 122 |
2018-02-01 | $89,225 (7.8%) | $124,199 (11.0%) | 0.00 | 121 |
2018-03-01 | $97,500 (14.9%) | $129,874 (9.7%) | 0.00 | 126 |
2018-04-01 | $89,350 (5.1%) | $127,462 (6.9%) | 0.00 | 136 |
2018-05-01 | $100,575 (18.0%) | $137,935 (29.5%) | 0.00 | 149 |
2018-06-01 | $92,250 (5.6%) | $131,096 (16.6%) | 0.00 | 157 |
2018-07-01 | $97,075 (8.8%) | $138,514 (10.1%) | 0.00 | 156 |
2018-08-01 | $92,225 (2.1%) | $141,464 (8.7%) | 0.00 | 151 |
2018-09-01 | $99,700 (5.5%) | $148,258 (11.7%) | 0.00 | 133 |
2018-10-01 | $98,950 (-1.0%) | $153,176 (14.9%) | 0.00 | 126 |
2018-11-01 | $99,225 (-0.2%) | $142,894 (6.7%) | 0.00 | 132 |
2018-12-01 | $99,000 (2.3%) | $147,132 (14.5%) | 0.00 | 120 |
2019-01-01 | $99,900 (8.1%) | $152,273 (20.8%) | 0.00 | 110 |
2019-02-01 | $102,400 (14.8%) | $153,763 (23.8%) | 0.00 | 107 |
2019-03-01 | $97,043 (-0.5%) | $143,765 (10.7%) | 0.00 | 106 |
2019-04-01 | $95,793 (7.2%) | $137,067 (7.5%) | 0.00 | 98 |
2019-05-01 | $99,200 (-1.4%) | $145,478 (5.5%) | 0.00 | 94 |
2019-06-01 | $119,990 (30.1%) | $156,100 (19.1%) | 0.00 | 97 |
2019-07-01 | $127,500 (31.3%) | $168,860 (21.9%) | 0.00 | 112 |
2019-08-01 | $128,270 (39.1%) | $169,935 (20.1%) | 0.00 | 126 |
2019-09-01 | $128,675 (29.1%) | $172,652 (16.5%) | 0.00 | 129 |
2019-10-01 | $128,945 (30.3%) | $173,754 (13.4%) | 0.00 | 132 |
2019-11-01 | $128,990 (30.0%) | $167,959 (17.5%) | 0.00 | 119 |
2019-12-01 | $124,723 (26.0%) | $158,405 (7.7%) | 0.00 | 106 |
2020-01-01 | $119,950 (20.1%) | $148,450 (-2.5%) | 0.00 | 90 |
2020-02-01 | $119,900 (17.1%) | $140,643 (-8.5%) | 0.00 | 79 |
2020-03-01 | $119,000 (22.6%) | $141,975 (-1.3%) | 0.00 | 93 |
2020-04-01 | $122,450 (27.8%) | $151,412 (10.5%) | 0.00 | 85 |
2020-05-01 | $124,200 (25.2%) | $138,675 (-4.7%) | 0.00 | 71 |
2020-06-01 | $138,475 (15.4%) | $167,575 (7.4%) | 0.00 | 61 |
2020-07-01 | $141,550 (11.0%) | $168,515 (-0.2%) | 0.00 | 71 |
2020-08-01 | $139,000 (8.4%) | $183,409 (7.9%) | 0.00 | 59 |
2020-09-01 | $142,400 (10.7%) | $185,052 (7.2%) | 0.00 | 63 |
2020-10-01 | $140,000 (8.6%) | $176,978 (1.9%) | 0.00 | 60 |
2020-11-01 | $128,475 (-0.4%) | $182,703 (8.8%) | 0.00 | 59 |
2020-12-01 | $123,725 (-0.8%) | $179,825 (13.5%) | 0.00 | 45 |
2021-01-01 | $139,875 (16.6%) | $184,555 (24.3%) | 0.00 | 39 |
2021-02-01 | $144,600 (20.6%) | $188,056 (33.7%) | 0.00 | 38 |
2021-03-01 | $162,250 (36.3%) | $220,417 (55.3%) | 0.00 | 35 |
2021-04-01 | $176,844 (44.4%) | $224,262 (48.1%) | 0.00 | 37 |
2021-05-01 | $152,000 (22.4%) | $202,811 (46.3%) | 0.00 | 43 |
2021-06-01 | $134,325 (-3.0%) | $199,247 (18.9%) | 0.00 | 36 |
2021-07-01 | $134,450 (-5.0%) | $191,841 (13.8%) | 0.00 | 40 |
2021-08-01 | $150,175 (8.0%) | $199,113 (8.6%) | 0.00 | 47 |
2021-09-01 | $135,625 (-4.8%) | $201,702 (9.0%) | 0.00 | 50 |
2021-10-01 | $139,900 (-0.1%) | $207,175 (17.1%) | 0.00 | 38 |
2021-11-01 | $142,425 (10.9%) | $197,687 (8.2%) | 0.00 | 36 |
2021-12-01 | $147,425 (19.2%) | $204,531 (13.7%) | 0.00 | 33 |
2022-01-01 | $149,900 (7.2%) | $189,753 (2.8%) | 0.00 | 27 |
2022-02-01 | $144,900 (0.2%) | $181,885 (-3.3%) | 0.00 | 24 |
2022-03-01 | $143,650 (-11.5%) | $170,747 (-22.5%) | 0.00 | 21 |
2022-04-01 | $139,900 (-20.9%) | $179,960 (-19.8%) | 0.00 | 21 |
2022-05-01 | $144,675 (-4.8%) | $269,612 (32.9%) | 0.00 | 28 |
2022-06-01 | $155,950 (16.1%) | $243,839 (22.4%) | 0.00 | 38 |
2022-07-01 | $150,950 (12.3%) | $233,750 (21.9%) | 0.00 | 50 |
2022-08-01 | $147,175 (-2.0%) | $188,348 (-5.4%) | 0.00 | 43 |
2022-09-01 | $140,000 (3.2%) | $180,162 (-10.7%) | 0.00 | 46 |
2022-10-01 | $149,900 (7.2%) | $184,048 (-11.2%) | 0.00 | 55 |
2022-11-01 | $139,900 (-1.8%) | $176,022 (-11.0%) | 0.00 | 56 |
2022-12-01 | $174,900 (18.6%) | $211,338 (3.3%) | 0.00 | 52 |
2023-01-01 | $179,150 (19.5%) | $218,737 (15.3%) | 0.00 | 49 |
2023-02-01 | $181,150 (25.0%) | $227,198 (24.9%) | 0.00 | 39 |
2023-03-01 | $208,999 (45.5%) | $284,336 (66.5%) | 0.00 | 29 |
2023-04-01 | $227,449 (62.6%) | $262,681 (46.0%) | 0.00 | 29 |
2023-05-01 | $212,950 (47.2%) | $272,473 (1.1%) | 0.00 | 33 |
2023-06-01 | $209,925 (34.6%) | $291,858 (19.7%) | 0.00 | 29 |
2023-07-01 | $189,900 (25.8%) | $259,966 (11.2%) | 0.00 | 34 |
2023-08-01 | $180,475 (22.6%) | $236,693 (25.7%) | 0.00 | 43 |
Wabash's median listing price comes in at 0% of the national average.
Wabash's average listing price for 2023-08-01 was $236,693, a difference of $48,345 (25.7%) versus the prior year and $-23,273 versus the prior month.
For the 2023-08-01 period, Wabash had 43 MLS listings, a difference of 9 listings (26%) versus the prior month and 0 listings (0%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Wabash (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,616 sqft |
2018-02-01 | 0 days | 1,620 sqft |
2018-03-01 | 0 days | 1,664 sqft |
2018-04-01 | 0 days | 1,646 sqft |
2018-05-01 | 0 days | 1,670 sqft |
2018-06-01 | 0 days | 1,643 sqft |
2018-07-01 | 0 days | 1,620 sqft |
2018-08-01 | 0 days | 1,521 sqft |
2018-09-01 | 0 days | 1,624 sqft |
2018-10-01 | 0 days | 1,678 sqft |
2018-11-01 | 0 days | 1,678 sqft |
2018-12-01 | 0 days | 1,683 sqft |
2019-01-01 | 0 days | 1,672 sqft |
2019-02-01 | 0 days | 1,759 sqft |
2019-03-01 | 0 days | 1,706 sqft |
2019-04-01 | 0 days | 1,636 sqft |
2019-05-01 | 0 days | 1,673 sqft |
2019-06-01 | 0 days | 1,638 sqft |
2019-07-01 | 0 days | 1,657 sqft |
2019-08-01 | 0 days | 1,665 sqft |
2019-09-01 | 0 days | 1,715 sqft |
2019-10-01 | 0 days | 1,754 sqft |
2019-11-01 | 0 days | 1,759 sqft |
2019-12-01 | 0 days | 1,806 sqft |
2020-01-01 | 0 days | 1,806 sqft |
2020-02-01 | 0 days | 1,759 sqft |
2020-03-01 | 0 days | 1,654 sqft |
2020-04-01 | 0 days | 1,724 sqft |
2020-05-01 | 0 days | 1,700 sqft |
2020-06-01 | 0 days | 1,792 sqft |
2020-07-01 | 0 days | 1,839 sqft |
2020-08-01 | 0 days | 1,630 sqft |
2020-09-01 | 0 days | 1,655 sqft |
2020-10-01 | 0 days | 1,872 sqft |
2020-11-01 | 0 days | 1,844 sqft |
2020-12-01 | 0 days | 1,702 sqft |
2021-01-01 | 0 days | 1,606 sqft |
2021-02-01 | 0 days | 1,646 sqft |
2021-03-01 | 0 days | 1,814 sqft |
2021-04-01 | 0 days | 1,778 sqft |
2021-05-01 | 0 days | 1,768 sqft |
2021-06-01 | 0 days | 1,650 sqft |
2021-07-01 | 0 days | 1,745 sqft |
2021-08-01 | 0 days | 1,829 sqft |
2021-09-01 | 0 days | 1,890 sqft |
2021-10-01 | 0 days | 1,904 sqft |
2021-11-01 | 0 days | 1,912 sqft |
2021-12-01 | 0 days | 1,721 sqft |
2022-01-01 | 0 days | 1,591 sqft |
2022-02-01 | 0 days | 1,541 sqft |
2022-03-01 | 0 days | 1,534 sqft |
2022-04-01 | 0 days | 1,512 sqft |
2022-05-01 | 0 days | 1,702 sqft |
2022-06-01 | 0 days | 1,718 sqft |
2022-07-01 | 0 days | 1,689 sqft |
2022-08-01 | 0 days | 1,669 sqft |
2022-09-01 | 0 days | 1,636 sqft |
2022-10-01 | 0 days | 1,632 sqft |
2022-11-01 | 0 days | 1,541 sqft |
2022-12-01 | 0 days | 1,678 sqft |
2023-01-01 | 0 days | 1,678 sqft |
2023-02-01 | 0 days | 1,672 sqft |
2023-03-01 | 0 days | 1,790 sqft |
2023-04-01 | 0 days | 1,812 sqft |
2023-05-01 | 0 days | 1,685 sqft |
2023-06-01 | 0 days | 1,640 sqft |
2023-07-01 | 0 days | 1,718 sqft |
2023-08-01 | 0 days | 1,840 sqft |
Wabash's median square footage for active listings during the 2023-08-01 period was 1,840 sqft. One year prior, the average listing was 1,669 sqft.
Wabash, IN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 400 | $61,370,000 | $153,425 |
Cash Out Refi | 209 | $23,215,000 | $111,077 |
Home Improvement | 108 | $6,250,000 | $57,870 |
Refi | 76 | $9,050,000 | $119,079 |
Other | 59 | $4,065,000 | $68,898 |
Wabash's most frequently cited loan purpose was Home Purchase, with 400 originations. The 2nd most popular reason was Cash Out Refi, with 209 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 220 | $31,910,000 | $145,045 |
3-4% | 159 | $22,745,000 | $143,050 |
4-5% | 156 | $22,210,000 | $142,372 |
6-7% | 106 | $13,460,000 | $126,981 |
<2.5% | 33 | $2,785,000 | $84,394 |
7-8% | 25 | $2,635,000 | $105,400 |
2.5-3% | 19 | $1,975,000 | $103,947 |
Over 8% | 8 | $270,000 | $33,750 |
During 2022, Wabash's most frequently originated rate bucket was 5-6%, with 220 originations.
Loan Sizing (Wabash, IN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 402 | $21,530,000 | $53,557 |
$100k-200k | 342 | $47,360,000 | $138,480 |
$200k-400k | 90 | $23,210,000 | $257,889 |
$400k-600k | 9 | $3,915,000 | $435,000 |
$600k-1000k | 6 | $4,410,000 | $735,000 |
$Over $1MM | 3 | $3,525,000 | $1,175,000 |
Wabash's loan sizing saw the bucket of loans from $100,000 or less with 402 originations, totaling $21,530,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 326 | $50,310,000 | $154,325 |
60-80% | 205 | $30,745,000 | $149,976 |
20-40% | 70 | $4,880,000 | $69,714 |
40-60% | 69 | $8,845,000 | $128,188 |
Under 20% | 51 | $1,255,000 | $24,608 |
Over 100% | 4 | $890,000 | $222,500 |
Wabash's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 326 originations, totaling $50,310,000 in origination value.