Zapata Mortgage Rates
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% |
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. LouisDate | 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 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. LouisDate | 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 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.