Waycross Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Waycross averaged
6.49%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
6.21% and
one month ago for the week of 2023-04-20, the
average rate was 6.21%.
Waycross's average rate one year ago was 5.27%.
For refis of the same type during the week of 2023-05-25, the average rate
was 7.07%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
Waycross 30 Year Fixed Rate | 2023-05-25 | 6.49% |
Waycross 30 Year Fixed Rate Refi | 2023-05-25 | 7.07% |
Waycross 15 Year Fixed Rate | 2023-05-25 | 6.07% |
Waycross 15 Year Fixed Rate Refi | 2023-05-25 | 6.17% |
Waycross 30 Year FHA | 2023-05-25 | 6.16% |
Waycross 30 Year FHA Refi | 2023-05-25 | 6.61% |
Waycross 30 Year USDA | 2023-05-25 | 6.83% |
Waycross 30 Year USDA Refi | 2023-05-25 | 6.73% |
Waycross 30 Year VA | 2023-05-25 | 6.04% |
Waycross 30 Year VA Refi | 2023-05-25 | 6.61% |
Waycross 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 Waycross, GA 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.).
Waycross Average Closing Costs & Other Stats
Waycross, GA's 58 lenders originated 989
loans during 2022. The total origination value was $157,505,000, with an average loan value of
$159,257.
Waycross's average closing costs are $4,868.
The top Waycross lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
73 loans originated. Their average total fees are
$5,131, which is $150
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Waycross lenders (with over 10 loans originated) are
PrimeSouth Bank ($2,533), GUARANTEED RATE, INC. ($4,705), QUICKEN LOANS, LLC ($4,981), UNITED WHOLESALE MORTGAGE, LLC ($5,131) and .
The lowest rate Waycross lenders (with over 10 loans originated) are
PrimeSouth Bank (4.66%), UNITED WHOLESALE MORTGAGE, LLC (4.88%), GUARANTEED RATE, INC. (5.11%), QUICKEN LOANS, LLC (5.25%) and .
Waycross, GA 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 |
---|---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | $34,295,000 | $29,010,000 | -15.4% | 18.4% |
QUICKEN LOANS, LLC | $24,535,000 | $18,825,000 | -23.3% | 12.0% |
PrimeSouth Bank | $17,045,000 | $18,325,000 | 7.5% | 11.6% |
GUARANTEED RATE, INC. | $9,710,000 | $7,940,000 | -18.2% | 5.0% |
Mortgage Research Center, LLC | $5,785,000 | $5,120,000 | -11.5% | 3.3% |
SOUTHEASTERN Credit Union | $2,870,000 | $4,275,000 | 49.0% | 2.7% |
Truist | $3,765,000 | $2,875,000 | -23.6% | 1.8% |
21ST MORTGAGE CORPORATION | $1,845,000 | $2,610,000 | 41.5% | 1.7% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,090,000 | $2,595,000 | 138.1% | 1.6% |
Ameris Bank | $1,860,000 | $2,585,000 | 39.0% | 1.6% |
PENNYMAC LOAN SERVICES, LLC | $2,385,000 | $2,340,000 | -1.9% | 1.5% |
Renasant Bank | $4,260,000 | $2,135,000 | -49.9% | 1.4% |
HOMESTAR FINANCIAL CORPORATION | $755,000 | $1,900,000 | 151.7% | 1.2% |
NAVY FEDERAL CREDIT UNION | $1,195,000 | $1,820,000 | 52.3% | 1.2% |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $185,000 | $1,695,000 | 816.2% | 1.1% |
FREEDOM MORTGAGE CORPORATION | $7,040,000 | $1,610,000 | -77.1% | 1.0% |
Wells Fargo Bank | $1,400,000 | $1,610,000 | 15.0% | 1.0% |
CRESCENT MORTGAGE COMPANY | $4,920,000 | $1,570,000 | -68.1% | 1.0% |
HOME POINT FINANCIAL CORPORATION | $750,000 | $1,520,000 | 102.7% | 1.0% |
AgFirst Farm Credit Bank | $2,025,000 | $1,380,000 | -31.9% | 0.9% |
United Community Bank | $1,425,000 | $1,370,000 | -3.9% | 0.9% |
Blue Ridge Bank | $2,860,000 | $1,285,000 | -55.1% | 0.8% |
Southeastern Bank | $210,000 | $1,105,000 | 426.2% | 0.7% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,105,000 | $1,085,000 | -1.8% | 0.7% |
AMERISAVE MORTGAGE CORPORATION | $2,330,000 | $1,045,000 | -55.2% | 0.7% |
CMG MORTGAGE, INC. | $480,000 | $1,045,000 | 117.7% | 0.7% |
ZILLOW HOME LOANS, LLC | $215,000 | $975,000 | 353.5% | 0.6% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $155,000 | $955,000 | 516.1% | 0.6% |
LOANDEPOT.COM, LLC | $1,850,000 | $935,000 | -49.5% | 0.6% |
Flagstar Bank, FSB | $320,000 | $920,000 | 187.5% | 0.6% |
SIRVA MORTGAGE, INC. | $915,000 | n/a | 0.6% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $705,000 | $875,000 | 24.1% | 0.6% |
PNC Bank | $170,000 | $845,000 | 397.1% | 0.5% |
TOWNE MORTGAGE COMPANY | $750,000 | $810,000 | 8.0% | 0.5% |
NEW DAY FINANCIAL, LLC | $1,015,000 | $795,000 | -21.7% | 0.5% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $680,000 | $730,000 | 7.4% | 0.5% |
Mr. Cooper ( Nationstar Mortgage ) | $2,545,000 | $725,000 | -71.5% | 0.5% |
LAKEVIEW LOAN SERVICING, LLC | $670,000 | $710,000 | 6.0% | 0.5% |
INTERSTATE UNLIMITED Federal Credit Union | $90,000 | $700,000 | 677.8% | 0.4% |
NATIONWIDE MORTGAGE BANKERS, INC. | $240,000 | $675,000 | 181.3% | 0.4% |
NEWREZ LLC | $3,910,000 | $670,000 | -82.9% | 0.4% |
Equity Prime Mortgage LLC | $145,000 | $645,000 | 344.8% | 0.4% |
Wyndham Capital Mortgage, Inc. | $265,000 | $630,000 | 137.7% | 0.4% |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $175,000 | $590,000 | 237.1% | 0.4% |
Mid-Continent Funding, Inc. | $145,000 | $575,000 | 296.6% | 0.4% |
Bank of America | $540,000 | $550,000 | 1.9% | 0.3% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $75,000 | $550,000 | 633.3% | 0.3% |
T2 FINANCIAL LLC | $550,000 | n/a | 0.3% | |
Pineland Bank | $710,000 | $545,000 | -23.2% | 0.3% |
Citizens Bank | $1,105,000 | $540,000 | -51.1% | 0.3% |
TRIAD FINANCIAL SERVICES, INC. | $1,060,000 | $540,000 | -49.1% | 0.3% |
Alcova Mortgage LLC | $530,000 | n/a | 0.3% | |
GUARANTY HOME MORTGAGE CORPORATION | $810,000 | $525,000 | -35.2% | 0.3% |
South State Bank | $395,000 | $525,000 | 32.9% | 0.3% |
Heritage Southeast Bank | $395,000 | $505,000 | 27.8% | 0.3% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $835,000 | $505,000 | -39.5% | 0.3% |
Colony Bank | $440,000 | $500,000 | 13.6% | 0.3% |
Barrington Bank & Trust Company, N.A. | $435,000 | $490,000 | 12.6% | 0.3% |
AMERICAN FINANCIAL RESOURCES, INC. | $105,000 | $480,000 | 357.1% | 0.3% |
SOUTHWEST STAGE FUNDING, LLC | $445,000 | $465,000 | 4.5% | 0.3% |
PENTAGON FEDERAL CREDIT UNION | $250,000 | $460,000 | 84.0% | 0.3% |
Paramount Residential Mortgage Group, Inc. | $165,000 | $430,000 | 160.6% | 0.3% |
Farmers & Merchants Bank | $35,000 | $380,000 | 985.7% | 0.2% |
Magnolia Bank | $85,000 | $370,000 | 335.3% | 0.2% |
CALIBER HOME LOANS, INC. | $465,000 | $360,000 | -22.6% | 0.2% |
Servion, Inc. | $235,000 | $350,000 | 48.9% | 0.2% |
South Georgia Bank | $350,000 | n/a | 0.2% | |
ACADEMY MORTGAGE CORPORATION | $345,000 | n/a | 0.2% | |
JPMorgan Chase Bank | $95,000 | $345,000 | 263.2% | 0.2% |
GEORGIA'S OWN | $340,000 | n/a | 0.2% | |
Northpointe Bank | $525,000 | $325,000 | -38.1% | 0.2% |
FirstBank | $155,000 | $310,000 | 100.0% | 0.2% |
BAY EQUITY LLC | $210,000 | $305,000 | 45.2% | 0.2% |
NJ LENDERS CORP. | $305,000 | n/a | 0.2% | |
MIDLAND MORTGAGE CORPORATION | $1,205,000 | $290,000 | -75.9% | 0.2% |
Notre Dame Federal Credit Union Corporation | $195,000 | $290,000 | 48.7% | 0.2% |
Carrington Mortgage Services, LLC | $260,000 | $285,000 | 9.6% | 0.2% |
HANCOCK MORTGAGE PARTNERS, LLC | $245,000 | $285,000 | 16.3% | 0.2% |
BROKER SOLUTIONS, INC. | $1,850,000 | $280,000 | -84.9% | 0.2% |
MID AMERICA MORTGAGE, INC. | $280,000 | n/a | 0.2% | |
NATIONS RELIABLE LENDING, LLC | $275,000 | n/a | 0.2% | |
CIS Financial Services, Inc. | $270,000 | n/a | 0.2% | |
VYSTAR | $270,000 | n/a | 0.2% | |
BM Real Estate Services, Inc. | $265,000 | n/a | 0.2% | |
GUILD MORTGAGE COMPANY | $470,000 | $265,000 | -43.6% | 0.2% |
Bank of England | $715,000 | $260,000 | -63.6% | 0.2% |
Citadel Servicing Corporation | $255,000 | n/a | 0.2% | |
VILLAGE CAPITAL MORTGAGE | $815,000 | $250,000 | -69.3% | 0.2% |
BELEM SERVICING LLC | $225,000 | n/a | 0.1% | |
PROVIDENT FUNDING ASSOCIATES, L.P. | $225,000 | n/a | 0.1% | |
ROBINS FINANCIAL | $225,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $105,000 | $220,000 | 109.5% | 0.1% |
NUMARK CREDIT UNION | $25,000 | $220,000 | 780.0% | 0.1% |
USAA Federal Savings Bank | $1,455,000 | $220,000 | -84.9% | 0.1% |
CLEARPATH LENDING | $595,000 | $215,000 | -63.9% | 0.1% |
ATLANTA POSTAL | $205,000 | n/a | 0.1% | |
North American Savings Bank, F.S.B. | $205,000 | n/a | 0.1% | |
Thomasville National Bank | $205,000 | n/a | 0.1% | |
Arvest Bank | $195,000 | n/a | 0.1% | |
Century Mortgage Company DBA Century Lending Company | $335,000 | $195,000 | -41.8% | 0.1% |
Regions Bank | $195,000 | $195,000 | 0.0% | 0.1% |
THRIVE MORTGAGE, LLC | $195,000 | n/a | 0.1% | |
SOUTHEAST MORTGAGE OF GEORGIA, INC. | $185,000 | n/a | 0.1% | |
THE MORTGAGE FIRM, INC. | $225,000 | $185,000 | -17.8% | 0.1% |
NexBank | $175,000 | n/a | 0.1% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $145,000 | $175,000 | 20.7% | 0.1% |
MLD MORTGAGE INC. | $165,000 | n/a | 0.1% | |
TOTAL MORTGAGE SERVICES, LLC | $165,000 | n/a | 0.1% | |
PHH Mortgage Corporation | $155,000 | n/a | 0.1% | |
Chicago Mortgage Solutions LLC | $185,000 | $145,000 | -21.6% | 0.1% |
Nations Lending Corporation | $145,000 | n/a | 0.1% | |
NFM, INC. | $145,000 | n/a | 0.1% | |
LONGBRIDGE FINANCIAL, LLC | $135,000 | n/a | 0.1% | |
ACOPIA, LLC | $125,000 | n/a | 0.1% | |
AMERICAN FINANCING CORPORATION | $125,000 | n/a | 0.1% | |
Citibank | $125,000 | n/a | 0.1% | |
MOVEMENT MORTGAGE, LLC | $565,000 | $125,000 | -77.9% | 0.1% |
TOP FLITE FINANCIAL, INC. | $125,000 | n/a | 0.1% | |
MORIA DEVELOPMENT, INC. | $115,000 | n/a | 0.1% | |
RELIANCE FIRST CAPITAL, LLC | $250,000 | $115,000 | -54.0% | 0.1% |
Capital City Home Loans, LLC | $165,000 | $105,000 | -36.4% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $420,000 | $105,000 | -75.0% | 0.1% |
LOANPAL, LLC | $75,000 | $105,000 | 40.0% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $105,000 | n/a | 0.1% | |
U.S. Bank | $740,000 | $105,000 | -85.8% | 0.1% |
CROSSCOUNTRY MORTGAGE, LLC | $175,000 | $95,000 | -45.7% | 0.1% |
First Option Mortgage, LLC | $95,000 | n/a | 0.1% | |
GEORGIA UNITED | $95,000 | n/a | 0.1% | |
MORTGAGE INVESTORS GROUP, INC. | $95,000 | n/a | 0.1% | |
STOCKTON MORTGAGE CORPORATION | $115,000 | $95,000 | -17.4% | 0.1% |
ALLEGACY FEDERAL CREDIT UNION | $75,000 | n/a | 0.0% | |
AMERICAN ADVISORS GROUP | $65,000 | $75,000 | 15.4% | 0.0% |
Third Federal Savings and Loan Association of Cleveland | $75,000 | n/a | 0.0% | |
Guardian Bank | $265,000 | $70,000 | -73.6% | 0.0% |
1ST SIGNATURE LENDING, LLC | $295,000 | $65,000 | -78.0% | 0.0% |
BancorpSouth Bank | $65,000 | n/a | 0.0% | |
EVERETT FINANCIAL, INC. | $65,000 | n/a | 0.0% | |
SPRING EQ, LLC | $65,000 | n/a | 0.0% | |
ALLIANT CREDIT UNION | $55,000 | n/a | 0.0% | |
Synovus Bank | $300,000 | $55,000 | -81.7% | 0.0% |
CONSUMERS COOPERATIVE CREDIT UNION | $45,000 | n/a | 0.0% | |
First-Citizens Bank & Trust Company | $45,000 | n/a | 0.0% | |
Figure Lending LLC | $110,000 | $40,000 | -63.6% | 0.0% |
FINANCE OF AMERICA REVERSE LLC | $35,000 | n/a | 0.0% |
Waycross's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 18.4% market share. In second place, with 12.0%, is QUICKEN LOANS, LLC, having originated $18,825,000 in loans. In third place, with 11.6%, is PrimeSouth Bank, having originated $18,325,000 in loans. In fourth place, with 5.0%, is GUARANTEED RATE, INC., having originated $7,940,000 in loans. In fifth place, with 3.3%, is Mortgage Research Center, LLC, having originated $5,120,000 in loans.
Waycross Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Waycross (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 | $125,950 (5.5%) | $159,004 (9.8%) | 0.00 | 212 |
2018-02-01 | $128,425 (9.2%) | $156,007 (5.0%) | 0.00 | 209 |
2018-03-01 | $129,900 (11.3%) | $152,582 (2.6%) | 0.00 | 208 |
2018-04-01 | $129,675 (3.8%) | $157,560 (3.4%) | 0.00 | 198 |
2018-05-01 | $129,450 (4.5%) | $156,351 (3.4%) | 0.00 | 198 |
2018-06-01 | $129,900 (4.0%) | $161,076 (4.4%) | 0.00 | 190 |
2018-07-01 | $129,950 (0.7%) | $165,119 (5.6%) | 0.00 | 190 |
2018-08-01 | $131,975 (-3.3%) | $167,443 (-0.4%) | 0.00 | 184 |
2018-09-01 | $135,000 (-1.1%) | $184,686 (10.1%) | 0.00 | 176 |
2018-10-01 | $144,950 (7.4%) | $198,962 (18.5%) | 0.00 | 159 |
2018-11-01 | $146,163 (8.3%) | $206,275 (24.2%) | 0.00 | 152 |
2018-12-01 | $135,000 (0.0%) | $200,155 (22.2%) | 0.00 | 157 |
2019-01-01 | $135,975 (8.0%) | $193,794 (21.9%) | 0.00 | 156 |
2019-02-01 | $145,000 (12.9%) | $194,203 (24.5%) | 0.00 | 158 |
2019-03-01 | $147,950 (13.9%) | $198,325 (30.0%) | 0.00 | 152 |
2019-04-01 | $152,575 (17.7%) | $203,339 (29.1%) | 0.00 | 156 |
2019-05-01 | $152,175 (17.6%) | $206,485 (32.1%) | 0.00 | 150 |
2019-06-01 | $149,900 (15.4%) | $204,668 (27.1%) | 0.00 | 147 |
2019-07-01 | $148,850 (14.5%) | $195,844 (18.6%) | 0.00 | 164 |
2019-08-01 | $149,900 (13.6%) | $196,560 (17.4%) | 0.00 | 185 |
2019-09-01 | $158,125 (17.1%) | $204,687 (10.8%) | 0.00 | 183 |
2019-10-01 | $157,225 (8.5%) | $194,905 (-2.0%) | 0.00 | 186 |
2019-11-01 | $149,900 (2.6%) | $189,072 (-8.3%) | 0.00 | 191 |
2019-12-01 | $149,450 (10.7%) | $189,089 (-5.5%) | 0.00 | 188 |
2020-01-01 | $150,450 (10.7%) | $189,979 (-2.0%) | 0.00 | 170 |
2020-02-01 | $164,900 (13.7%) | $198,710 (2.3%) | 0.00 | 162 |
2020-03-01 | $164,725 (11.3%) | $199,541 (0.6%) | 0.00 | 155 |
2020-04-01 | $167,975 (10.1%) | $204,687 (0.7%) | 0.00 | 156 |
2020-05-01 | $157,450 (3.5%) | $202,245 (-2.1%) | 0.00 | 146 |
2020-06-01 | $151,925 (1.4%) | $212,996 (4.1%) | 0.00 | 131 |
2020-07-01 | $149,900 (0.7%) | $213,371 (9.0%) | 0.00 | 126 |
2020-08-01 | $139,450 (-7.0%) | $214,593 (9.2%) | 0.00 | 119 |
2020-09-01 | $155,000 (-2.0%) | $212,909 (4.0%) | 0.00 | 118 |
2020-10-01 | $159,450 (1.4%) | $213,466 (9.5%) | 0.00 | 109 |
2020-11-01 | $157,000 (4.7%) | $221,033 (16.9%) | 0.00 | 95 |
2020-12-01 | $169,900 (13.7%) | $236,613 (25.1%) | 0.00 | 81 |
2021-01-01 | $174,950 (16.3%) | $239,343 (26.0%) | 0.00 | 79 |
2021-02-01 | $169,900 (3.0%) | $238,004 (19.8%) | 0.00 | 70 |
2021-03-01 | $159,450 (-3.2%) | $238,386 (19.5%) | 0.00 | 76 |
2021-04-01 | $169,900 (1.2%) | $260,138 (27.1%) | 0.00 | 71 |
2021-05-01 | $169,900 (7.9%) | $259,130 (28.1%) | 0.00 | 72 |
2021-06-01 | $159,900 (5.3%) | $232,533 (9.2%) | 0.00 | 76 |
2021-07-01 | $159,900 (6.7%) | $228,821 (7.2%) | 0.00 | 86 |
2021-08-01 | $163,000 (16.9%) | $244,962 (14.2%) | 0.00 | 99 |
2021-09-01 | $169,000 (9.0%) | $235,756 (10.7%) | 0.00 | 110 |
2021-10-01 | $187,450 (17.6%) | $235,265 (10.2%) | 0.00 | 107 |
2021-11-01 | $189,000 (20.4%) | $260,864 (18.0%) | 0.00 | 102 |
2021-12-01 | $195,400 (15.0%) | $270,427 (14.3%) | 0.00 | 87 |
2022-01-01 | $202,400 (15.7%) | $267,758 (11.9%) | 0.00 | 77 |
2022-02-01 | $192,400 (13.2%) | $254,980 (7.1%) | 0.00 | 81 |
2022-03-01 | $202,450 (27.0%) | $270,594 (13.5%) | 0.00 | 79 |
2022-04-01 | $198,000 (16.5%) | $280,347 (7.8%) | 0.00 | 74 |
2022-05-01 | $194,275 (14.4%) | $269,650 (4.1%) | 0.00 | 84 |
2022-06-01 | $199,900 (25.0%) | $262,393 (12.8%) | 0.00 | 79 |
2022-07-01 | $194,000 (21.3%) | $244,361 (6.8%) | 0.00 | 84 |
2022-08-01 | $212,475 (30.4%) | $249,743 (2.0%) | 0.00 | 96 |
2022-09-01 | $229,000 (35.5%) | $259,111 (9.9%) | 0.00 | 95 |
2022-10-01 | $230,000 (22.7%) | $260,644 (10.8%) | 0.00 | 100 |
2022-11-01 | $209,500 (10.9%) | $257,845 (-1.2%) | 0.00 | 108 |
2022-12-01 | $205,000 (4.9%) | $256,534 (-5.1%) | 0.00 | 106 |
2023-01-01 | $199,000 (-1.7%) | $241,597 (-9.8%) | 0.00 | 104 |
2023-02-01 | $189,900 (-1.3%) | $233,875 (-8.3%) | 0.00 | 93 |
2023-03-01 | $209,225 (3.4%) | $246,648 (-8.9%) | 0.00 | 93 |
2023-04-01 | $229,900 (16.1%) | $293,369 (4.7%) | 0.00 | 92 |
Waycross's median listing price comes in at 0% of the national average.
Waycross's average listing price for 2023-04-01 was $293,369, a difference of $13,022 (4.7%) versus the prior year and $46,721 versus the prior month.
For the 2023-04-01 period, Waycross had 92 MLS listings, a difference of -1 listings (-1%) versus the prior month and 18 listings (24%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Waycross (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,041 sqft |
2018-02-01 | 0 days | 2,069 sqft |
2018-03-01 | 0 days | 2,056 sqft |
2018-04-01 | 0 days | 2,050 sqft |
2018-05-01 | 0 days | 1,992 sqft |
2018-06-01 | 0 days | 2,007 sqft |
2018-07-01 | 0 days | 2,005 sqft |
2018-08-01 | 0 days | 2,037 sqft |
2018-09-01 | 0 days | 2,053 sqft |
2018-10-01 | 0 days | 2,116 sqft |
2018-11-01 | 0 days | 2,168 sqft |
2018-12-01 | 0 days | 2,154 sqft |
2019-01-01 | 0 days | 2,128 sqft |
2019-02-01 | 0 days | 1,997 sqft |
2019-03-01 | 0 days | 2,025 sqft |
2019-04-01 | 0 days | 2,032 sqft |
2019-05-01 | 0 days | 2,034 sqft |
2019-06-01 | 0 days | 2,036 sqft |
2019-07-01 | 0 days | 2,019 sqft |
2019-08-01 | 0 days | 2,057 sqft |
2019-09-01 | 0 days | 2,127 sqft |
2019-10-01 | 0 days | 2,176 sqft |
2019-11-01 | 0 days | 2,112 sqft |
2019-12-01 | 0 days | 2,104 sqft |
2020-01-01 | 0 days | 2,142 sqft |
2020-02-01 | 0 days | 2,186 sqft |
2020-03-01 | 0 days | 2,144 sqft |
2020-04-01 | 0 days | 2,083 sqft |
2020-05-01 | 0 days | 2,098 sqft |
2020-06-01 | 0 days | 2,087 sqft |
2020-07-01 | 0 days | 2,085 sqft |
2020-08-01 | 0 days | 1,920 sqft |
2020-09-01 | 0 days | 1,851 sqft |
2020-10-01 | 0 days | 1,924 sqft |
2020-11-01 | 0 days | 1,882 sqft |
2020-12-01 | 0 days | 2,029 sqft |
2021-01-01 | 0 days | 2,101 sqft |
2021-02-01 | 0 days | 2,067 sqft |
2021-03-01 | 0 days | 1,963 sqft |
2021-04-01 | 0 days | 2,009 sqft |
2021-05-01 | 0 days | 1,901 sqft |
2021-06-01 | 0 days | 1,847 sqft |
2021-07-01 | 0 days | 1,804 sqft |
2021-08-01 | 0 days | 1,842 sqft |
2021-09-01 | 0 days | 1,829 sqft |
2021-10-01 | 0 days | 1,861 sqft |
2021-11-01 | 0 days | 1,814 sqft |
2021-12-01 | 0 days | 1,906 sqft |
2022-01-01 | 0 days | 1,934 sqft |
2022-02-01 | 0 days | 1,855 sqft |
2022-03-01 | 0 days | 1,923 sqft |
2022-04-01 | 0 days | 1,968 sqft |
2022-05-01 | 0 days | 1,915 sqft |
2022-06-01 | 0 days | 1,892 sqft |
2022-07-01 | 0 days | 1,972 sqft |
2022-08-01 | 0 days | 2,003 sqft |
2022-09-01 | 0 days | 2,093 sqft |
2022-10-01 | 0 days | 2,003 sqft |
2022-11-01 | 0 days | 2,001 sqft |
2022-12-01 | 0 days | 2,058 sqft |
2023-01-01 | 0 days | 2,004 sqft |
2023-02-01 | 0 days | 1,861 sqft |
2023-03-01 | 0 days | 1,912 sqft |
2023-04-01 | 0 days | 2,036 sqft |
Waycross's median square footage for active listings during the 2023-04-01 period was 2,036 sqft. One year prior, the average listing was 1,968 sqft.
Waycross, GA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 594 | $107,990,000 | $181,801 |
Refi | 194 | $22,850,000 | $117,784 |
Cash Out Refi | 146 | $22,410,000 | $153,493 |
Home Improvement | 27 | $1,855,000 | $68,704 |
Other | 27 | $2,175,000 | $80,556 |
NA | 1 | $225,000 | $225,000 |
Waycross's most frequently cited loan purpose was Home Purchase, with 594 originations. The 2nd most popular reason was Refi, with 194 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 270 | $44,070,000 | $163,222 |
5-6% | 268 | $43,700,000 | $163,060 |
3-4% | 169 | $32,785,000 | $193,994 |
6-7% | 135 | $18,225,000 | $135,000 |
2.5-3% | 44 | $6,800,000 | $154,545 |
7-8% | 42 | $4,340,000 | $103,333 |
Over 8% | 23 | $1,925,000 | $83,696 |
<2.5% | 16 | $2,500,000 | $156,250 |
During 2022, Waycross's most frequently originated rate bucket was 4-5%, with 270 originations.
Loan Sizing (Waycross, GA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 413 | $60,165,000 | $145,678 |
$100,000 or less | 305 | $18,095,000 | $59,328 |
$200k-400k | 241 | $64,465,000 | $267,490 |
$400k-600k | 28 | $12,780,000 | $456,429 |
$600k-1000k | 1 | $805,000 | $805,000 |
$Over $1MM | 1 | $1,195,000 | $1,195,000 |
Waycross's loan sizing saw the bucket of loans from $100k-200k with 413 originations, totaling $60,165,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 523 | $99,975,000 | $191,157 |
60-80% | 220 | $33,360,000 | $151,636 |
40-60% | 114 | $12,410,000 | $108,860 |
20-40% | 65 | $3,765,000 | $57,923 |
Under 20% | 26 | $990,000 | $38,077 |
Over 100% | 15 | $3,285,000 | $219,000 |
Waycross's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 523 originations, totaling $99,975,000 in origination value.