Zapata Mortgage Rates

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

    30 Year Fixed Rate mortgages in Zapata averaged 6.32% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

    The average rate for the prior week (2022-06-16) was 6.59% and one month ago for the week of 2022-05-19, the average rate was 5.96%.

    Zapata's average rate one year ago was 3.41%.

    For refis of the same type during the week of 2022-06-23, the average rate was 5.85%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-06-23 5.81%
    Zapata 30 Year Fixed Rate 2022-06-23 6.32%
    Zapata 30 Year Fixed Rate Refi 2022-06-23 5.85%
    Zapata 15 Year Fixed Rate 2022-06-23 4.77%
    Zapata 15 Year Fixed Rate Refi 2022-06-23 5.18%
    Zapata 30 Year FHA 2022-06-23 0.06%
    Zapata 30 Year FHA Refi 2022-06-23 0.32%
    Zapata 30 Year USDA 2022-06-23 -0.06%
    Zapata 30 Year VA 2022-06-23 1.72%
    Zapata 30 Year VA Refi 2022-06-23 0.82%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Zapata, TX.

    Zapata Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Zapata, TX 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    LEADERONE FINANCIAL CORPORATION 3 3.13% $6,808
    Gateway First Bank 2 3.25% $962
    QUICKEN LOANS, LLC 2 3.56% $4,014
    GREAT WESTERN FINANCIAL SERVICES, INC. 1 4.25% $5,779
    HOME POINT FINANCIAL CORPORATION 1 2.75% $4,189
    LADERA LENDING, INC. 1 3.13% $4,718
    LOANDEPOT.COM, LLC 1 4.38% $3,778
    MORTGAGE FINANCIAL SERVICES, LLC 1 3.25% $4,273
    PENNYMAC LOAN SERVICES, LLC 1 2.75% $3,535
    ROYAL UNITED MORTGAGE LLC 1 3.50% $6,517
    SFMC, LP 1 3.63% $9,078
    AMERISAVE MORTGAGE CORPORATION 1 2.63% $7,403
    UNION HOME MORTGAGE CORP. 1 2.75% $5,391
    BROKER SOLUTIONS, INC. 1 2.99% $7,982
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.63% $7,487

    Zapata, TX's 15 lenders originated 74 loans during 2021. The total origination value was $10,590,000, with an average loan value of $143,108.

    The top Zapata lender as defined by loan originations is LEADERONE FINANCIAL CORPORATION, with 3 loans originated. Their average total fees are $6,808, which is $5,846 higher than the next largest lender, Gateway First Bank.

    The lowest fee Zapata lenders (with over 10 loans originated) are .

    The lowest rate Zapata lenders (with over 10 loans originated) are .

    Zapata, TX Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Gateway First Bank $3,075,000 $2,365,000 -23.1% 22.3%
    LEADERONE FINANCIAL CORPORATION $145,000 $1,210,000 734.5% 11.4%
    21ST MORTGAGE CORPORATION $665,000 $790,000 18.8% 7.5%
    QUICKEN LOANS, LLC $1,380,000 $625,000 -54.7% 5.9%
    LOANDEPOT.COM, LLC $165,000 $595,000 260.6% 5.6%
    CROSSCOUNTRY MORTGAGE, LLC $375,000 n/a 3.5%
    LADERA LENDING, INC. $335,000 n/a 3.2%
    AMERISAVE MORTGAGE CORPORATION $300,000 n/a 2.8%
    MORTGAGE FINANCIAL SERVICES, LLC $300,000 n/a 2.8%
    UNION HOME MORTGAGE CORP. $300,000 n/a 2.8%
    Mr. Cooper ( Nationstar Mortgage ) $340,000 $270,000 -20.6% 2.5%
    Wells Fargo Bank $270,000 n/a 2.5%
    FREEDOM MORTGAGE CORPORATION $265,000 n/a 2.5%
    Flagstar Bank, FSB $255,000 n/a 2.4%
    CALIBER HOME LOANS, INC. $245,000 n/a 2.3%
    BROKER SOLUTIONS, INC. $225,000 n/a 2.1%
    PLAZA HOME MORTGAGE, INC. $175,000 n/a 1.7%
    SFMC, LP $115,000 $175,000 52.2% 1.7%
    SECURITY SERVICE $75,000 $165,000 120.0% 1.6%
    LAKEVIEW LOAN SERVICING, LLC $155,000 n/a 1.5%
    PENNYMAC LOAN SERVICES, LLC $155,000 n/a 1.5%
    Mortgage Research Center, LLC $135,000 n/a 1.3%
    AMCAP MORTGAGE, LTD. $105,000 n/a 1.0%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $105,000 n/a 1.0%
    CMG MORTGAGE, INC. $95,000 $105,000 10.5% 1.0%
    HOME POINT FINANCIAL CORPORATION $105,000 n/a 1.0%
    ROYAL UNITED MORTGAGE LLC $95,000 n/a 0.9%
    Ally Bank $85,000 n/a 0.8%
    GREAT WESTERN FINANCIAL SERVICES, INC. $75,000 n/a 0.7%
    NEWREZ LLC $65,000 n/a 0.6%
    Falcon International Bank $55,000 n/a 0.5%
    International Bank of Commerce $45,000 $55,000 22.2% 0.5%
    WILLOW BEND MORTGAGE COMPANY, LLC $55,000 n/a 0.5%

    Zapata's top lender by overall market share is Gateway First Bank, with 22.3% market share. In second place, with 11.4%, is LEADERONE FINANCIAL CORPORATION, having originated $1,210,000 in loans. In third place, with 7.5%, is 21ST MORTGAGE CORPORATION, having originated $790,000 in loans. In third place, with 5.9%, is QUICKEN LOANS, LLC, having originated $625,000 in loans. In third place, with 5.6%, is LOANDEPOT.COM, LLC, having originated $595,000 in loans.

    Zapata, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 38 $4,730,000 $124,474
    Refi 25 $4,195,000 $167,800
    Cash Out Refi 9 $1,355,000 $150,556
    Home Improvement 2 $310,000 $155,000

    Zapata's most frequently cited loan purpose was Home Purchase, with 38 originations. The 2nd most popular reason was Refi, with 25 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 26 $4,020,000 $154,615
    3-4% 20 $3,210,000 $160,500
    <2.5% 13 $1,925,000 $148,077
    4-5% 5 $475,000 $95,000
    Over 8% 5 $445,000 $89,000
    7-8% 3 $345,000 $115,000

    During 2021, Zapata's most frequently originated rate bucket was 2.5-3%, with 26 originations.

    Loan Sizing (Zapata, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 43 $6,215,000 $144,535
    $100,000 or less 19 $1,225,000 $64,474
    $200k-400k 12 $3,150,000 $262,500

    Zapata's loan sizing saw the bucket of loans from $100k-200k with 43 originations, totaling $6,215,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 41 $6,135,000 $149,634
    60-80% 22 $3,370,000 $153,182
    40-60% 5 $585,000 $117,000
    Under 20% 3 $15,000 $5,000

    Zapata's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 41 originations, totaling $6,135,000 in origination value.

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Zapata (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 $124,900 (-2.8%) $129,665 (-5.3%) 0.00 47
    2018-02-01 $117,250 (-8.4%) $129,051 (-3.9%) 0.00 52
    2018-03-01 $124,900 (-2.4%) $132,317 (-2.9%) 0.00 50
    2018-04-01 $120,000 (-9.1%) $135,804 (-0.9%) 0.00 51
    2018-05-01 $120,000 (-9.1%) $137,743 (-0.3%) 0.00 54
    2018-06-01 $120,000 (-15.8%) $129,055 (-9.5%) 0.00 49
    2018-07-01 $120,000 (-7.6%) $124,251 (-5.2%) 0.00 44
    2018-08-01 $125,000 (-7.4%) $127,963 (-12.9%) 0.00 45
    2018-09-01 $125,000 (-3.0%) $129,807 (-10.1%) 0.00 46
    2018-10-01 $125,000 (-1.5%) $128,414 (-12.1%) 0.00 48
    2018-11-01 $120,000 (-4.0%) $125,684 (-10.5%) 0.00 47
    2018-12-01 $120,000 (-3.9%) $124,804 (-5.4%) 0.00 47
    2019-01-01 $120,000 (-3.9%) $122,520 (-5.5%) 0.00 46
    2019-02-01 $122,500 (4.5%) $124,560 (-3.5%) 0.00 45
    2019-03-01 $122,857 (-1.6%) $128,980 (-2.5%) 0.00 45
    2019-04-01 $122,857 (2.4%) $135,120 (-0.5%) 0.00 39
    2019-05-01 $120,000 (0.0%) $132,553 (-3.8%) 0.00 39
    2019-06-01 $120,000 (0.0%) $132,009 (2.3%) 0.00 43
    2019-07-01 $120,000 (0.0%) $132,624 (6.7%) 0.00 44
    2019-08-01 $121,571 (-2.7%) $132,324 (3.4%) 0.00 42
    2019-09-01 $125,000 (0.0%) $135,347 (4.3%) 0.00 39
    2019-10-01 $122,000 (-2.4%) $133,050 (3.6%) 0.00 41
    2019-11-01 $125,000 (4.2%) $145,949 (16.1%) 0.00 40
    2019-12-01 $125,000 (4.2%) $147,048 (17.8%) 0.00 40
    2020-01-01 $125,000 (4.2%) $145,310 (18.6%) 0.00 42
    2020-02-01 $125,000 (2.0%) $149,055 (19.7%) 0.00 37
    2020-03-01 $139,000 (13.1%) $161,676 (25.4%) 0.00 31
    2020-04-01 $139,000 (13.1%) $166,009 (22.9%) 0.00 28
    2020-05-01 $138,000 (15.0%) $171,073 (29.1%) 0.00 24
    2020-06-01 $138,000 (15.0%) $170,830 (29.4%) 0.00 19
    2020-07-01 $159,900 (33.3%) $177,555 (33.9%) 0.00 19
    2020-08-01 $167,000 (37.4%) $183,316 (38.5%) 0.00 18
    2020-09-01 $137,500 (10.0%) $150,877 (11.5%) 0.00 22
    2020-10-01 $159,900 (31.1%) $153,317 (15.2%) 0.00 24
    2020-11-01 $157,450 (26.0%) $158,359 (8.5%) 0.00 22
    2020-12-01 $140,000 (12.0%) $148,505 (1.0%) 0.00 24
    2021-01-01 $135,000 (8.0%) $151,023 (3.9%) 0.00 23
    2021-02-01 $167,445 (34.0%) $160,812 (7.9%) 0.00 19
    2021-03-01 $169,900 (22.2%) $160,518 (-0.7%) 0.00 21
    2021-04-01 $169,900 (22.2%) $174,761 (5.3%) 0.00 21
    2021-05-01 $148,000 (7.3%) $179,352 (4.8%) 0.00 18
    2021-06-01 $125,000 (-9.4%) $178,154 (4.3%) 0.00 17
    2021-07-01 $147,450 (-7.8%) $178,436 (0.5%) 0.00 18
    2021-08-01 $169,900 (1.7%) $182,264 (-0.6%) 0.00 15
    2021-09-01 $123,000 (-10.6%) $161,887 (7.3%) 0.00 14
    2021-10-01 $123,000 (-23.1%) $151,520 (-1.2%) 0.00 15
    2021-11-01 $129,000 (-18.1%) $158,613 (0.2%) 0.00 15
    2021-12-01 $135,000 (-3.6%) $164,217 (10.6%) 0.00 18
    2022-01-01 $145,000 (7.4%) $185,942 (23.1%) 0.00 19
    2022-02-01 $150,000 (-10.4%) $210,625 (31.0%) 0.00 23
    2022-03-01 $150,000 (-11.7%) $213,184 (32.8%) 0.00 25
    2022-04-01 $150,000 (-11.7%) $223,984 (28.2%) 0.00 24
    2022-05-01 $180,000 (21.6%) $230,759 (28.7%) 0.00 19
    Zapata's median listing price for 2022-05-01 was $180,000, a difference of $32,000 (21.6%) versus the prior year and $30,000 versus the prior month.

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

    Zapata's average listing price for 2022-05-01 was $230,759, a difference of $51,407 (28.7%) versus the prior year and $6,775 versus the prior month.

    For the 2022-05-01 period, Zapata had 19 MLS listings, a difference of -5 listings (-21%) versus the prior month and 1 listings (6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Zapata (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,662 sqft
    2018-02-01 0 days 1,620 sqft
    2018-03-01 0 days 1,586 sqft
    2018-04-01 0 days 1,443 sqft
    2018-05-01 0 days 1,443 sqft
    2018-06-01 0 days 1,443 sqft
    2018-07-01 0 days 1,637 sqft
    2018-08-01 0 days 1,752 sqft
    2018-09-01 0 days 1,755 sqft
    2018-10-01 0 days 1,796 sqft
    2018-11-01 0 days 1,752 sqft
    2018-12-01 0 days 1,709 sqft
    2019-01-01 0 days 1,681 sqft
    2019-02-01 0 days 1,456 sqft
    2019-03-01 0 days 1,474 sqft
    2019-04-01 0 days 1,568 sqft
    2019-05-01 0 days 1,634 sqft
    2019-06-01 0 days 1,709 sqft
    2019-07-01 0 days 1,709 sqft
    2019-08-01 0 days 1,709 sqft
    2019-09-01 0 days 1,709 sqft
    2019-10-01 0 days 1,648 sqft
    2019-11-01 0 days 1,586 sqft
    2019-12-01 0 days 1,586 sqft
    2020-01-01 0 days 1,586 sqft
    2020-02-01 0 days 1,709 sqft
    2020-03-01 0 days 1,753 sqft
    2020-04-01 0 days 1,798 sqft
    2020-05-01 0 days 1,800 sqft
    2020-06-01 0 days 1,824 sqft
    2020-07-01 0 days 1,824 sqft
    2020-08-01 0 days 1,863 sqft
    2020-09-01 0 days 1,656 sqft
    2020-10-01 0 days 1,709 sqft
    2020-11-01 0 days 1,753 sqft
    2020-12-01 0 days 1,638 sqft
    2021-01-01 0 days 1,690 sqft
    2021-02-01 0 days 1,796 sqft
    2021-03-01 0 days 1,796 sqft
    2021-04-01 0 days 1,824 sqft
    2021-05-01 0 days 1,796 sqft
    2021-06-01 0 days 1,790 sqft
    2021-07-01 0 days 1,778 sqft
    2021-08-01 0 days 1,709 sqft
    2021-09-01 0 days 1,440 sqft
    2021-10-01 0 days 1,280 sqft
    2021-11-01 0 days 1,280 sqft
    2021-12-01 0 days 1,692 sqft
    2022-01-01 0 days 1,760 sqft
    2022-02-01 0 days 1,769 sqft
    2022-03-01 0 days 1,709 sqft
    2022-04-01 0 days 1,760 sqft
    2022-05-01 0 days 1,769 sqft
    Zapata's median listing age (time on market) for 2022-05-01 was 0 days.

    Zapata's median square footage for active listings during the 2022-05-01 period was 1,769 sqft. One year prior, the average listing was 1,796 sqft.