Casper FHA Loan Rates, Closing Costs & Stats
CASPER, WY
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
Casper's 42 lenders originated 416 FHA loans during 2023. The total origination value was $104,840,000, with an average FHA loan value of $252,019.
Casper FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Casper
averaged
-0.11%
for the week of 2024-11-29, compared to the national average (all FHA variants) of
0% for the same period.
Casper's average FHA mortgage closing costs are $6,799.
The average rate for the prior week (2024-11-22) was
6.28% and
one month ago for the week of 2024-10-25, the
average rate was 5.86%.
The average rate one year ago was 6.85%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.1%.
Casper FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Casper level.
The top Casper FHA lender as defined by loan originations is Wallick & Volk, Inc., with
96 FHA loans originated. Their average total fees are
$9,393, which is $647
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Casper FHA lenders (with over 10 loans originated) are
CHERRY CREEK MORTGAGE, LLC ($3,457), Wallick & Volk, Inc. ($9,393), GUILD MORTGAGE COMPANY ($10,040), NEWREZ LLC ($10,412) and CROSSCOUNTRY MORTGAGE, LLC ($11,172).
The lowest rate Casper FHA lenders (with over 10 loans originated) are
CHERRY CREEK MORTGAGE, LLC (6.17%), PRIMARY RESIDENTIAL MORTGAGE, INC. (6.19%), CROSSCOUNTRY MORTGAGE, LLC (6.21%), Wallick & Volk, Inc. (6.22%) and QUICKEN LOANS, LLC (6.28%).
Casper FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
CASPER, WY | NATRONA | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
CASPER, WY | NATRONA | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Casper (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 | $225,000 (0.0%) | $265,867 (3.0%) | 0.00 | 398 |
2018-02-01 | $233,725 (9.2%) | $270,838 (5.8%) | 0.00 | 375 |
2018-03-01 | $250,000 (13.0%) | $276,563 (6.6%) | 0.00 | 405 |
2018-04-01 | $259,500 (15.4%) | $285,953 (7.4%) | 0.00 | 414 |
2018-05-01 | $265,900 (16.1%) | $295,439 (8.7%) | 0.00 | 440 |
2018-06-01 | $267,400 (16.3%) | $301,150 (12.5%) | 0.00 | 462 |
2018-07-01 | $266,925 (16.1%) | $303,896 (12.6%) | 0.00 | 474 |
2018-08-01 | $265,675 (15.8%) | $303,381 (12.7%) | 0.00 | 473 |
2018-09-01 | $267,900 (16.5%) | $299,556 (12.0%) | 0.00 | 464 |
2018-10-01 | $267,050 (12.7%) | $297,798 (9.1%) | 0.00 | 442 |
2018-11-01 | $256,450 (11.2%) | $297,861 (11.0%) | 0.00 | 416 |
2018-12-01 | $250,000 (6.4%) | $295,741 (11.2%) | 0.00 | 383 |
2019-01-01 | $245,600 (9.2%) | $287,411 (8.1%) | 0.00 | 334 |
2019-02-01 | $239,600 (2.5%) | $276,223 (2.0%) | 0.00 | 324 |
2019-03-01 | $244,243 (-2.3%) | $277,431 (0.3%) | 0.00 | 317 |
2019-04-01 | $248,193 (-4.4%) | $281,597 (-1.5%) | 0.00 | 303 |
2019-05-01 | $245,000 (-7.9%) | $285,346 (-3.4%) | 0.00 | 274 |
2019-06-01 | $249,900 (-6.5%) | $295,145 (-2.0%) | 0.00 | 283 |
2019-07-01 | $240,950 (-9.7%) | $291,964 (-3.9%) | 0.00 | 304 |
2019-08-01 | $233,818 (-12.0%) | $285,502 (-5.9%) | 0.00 | 308 |
2019-09-01 | $226,045 (-15.6%) | $280,359 (-6.4%) | 0.00 | 311 |
2019-10-01 | $220,000 (-17.6%) | $275,779 (-7.4%) | 0.00 | 309 |
2019-11-01 | $216,950 (-15.4%) | $273,958 (-8.0%) | 0.00 | 254 |
2019-12-01 | $221,175 (-11.5%) | $279,529 (-5.5%) | 0.00 | 222 |
2020-01-01 | $228,750 (-6.9%) | $285,029 (-0.8%) | 0.00 | 201 |
2020-02-01 | $239,750 (0.1%) | $289,182 (4.7%) | 0.00 | 191 |
2020-03-01 | $247,450 (1.3%) | $297,549 (7.3%) | 0.00 | 190 |
2020-04-01 | $264,700 (6.7%) | $312,032 (10.8%) | 0.00 | 221 |
2020-05-01 | $265,000 (8.2%) | $301,688 (5.7%) | 0.00 | 228 |
2020-06-01 | $273,975 (9.6%) | $322,286 (9.2%) | 0.00 | 215 |
2020-07-01 | $282,795 (17.4%) | $322,801 (10.6%) | 0.00 | 235 |
2020-08-01 | $287,000 (22.7%) | $333,468 (16.8%) | 0.00 | 249 |
2020-09-01 | $287,325 (27.1%) | $344,181 (22.8%) | 0.00 | 256 |
2020-10-01 | $279,000 (26.8%) | $333,595 (21.0%) | 0.00 | 261 |
2020-11-01 | $266,750 (23.0%) | $327,891 (19.7%) | 0.00 | 264 |
2020-12-01 | $269,225 (21.7%) | $328,304 (17.5%) | 0.00 | 222 |
2021-01-01 | $265,000 (15.9%) | $331,038 (16.1%) | 0.00 | 195 |
2021-02-01 | $271,250 (13.1%) | $348,767 (20.6%) | 0.00 | 157 |
2021-03-01 | $286,000 (15.6%) | $357,746 (20.2%) | 0.00 | 131 |
2021-04-01 | $304,783 (15.1%) | $399,725 (28.1%) | 0.00 | 111 |
2021-05-01 | $315,000 (18.9%) | $395,210 (31.0%) | 0.00 | 114 |
2021-06-01 | $300,000 (9.5%) | $393,946 (22.2%) | 0.00 | 143 |
2021-07-01 | $282,450 (-0.1%) | $361,191 (11.9%) | 0.00 | 178 |
2021-08-01 | $292,500 (1.9%) | $364,120 (9.2%) | 0.00 | 192 |
2021-09-01 | $272,000 (-5.3%) | $425,383 (23.6%) | 0.00 | 184 |
2021-10-01 | $262,450 (-5.9%) | $366,448 (9.9%) | 0.00 | 168 |
2021-11-01 | $255,950 (-4.1%) | $339,607 (3.6%) | 0.00 | 136 |
2021-12-01 | $255,950 (-4.9%) | $349,525 (6.5%) | 0.00 | 128 |
2022-01-01 | $267,500 (0.9%) | $368,259 (11.2%) | 0.00 | 100 |
2022-02-01 | $299,750 (10.5%) | $443,016 (27.0%) | 0.00 | 76 |
2022-03-01 | $351,250 (22.8%) | $461,353 (29.0%) | 0.00 | 79 |
2022-04-01 | $370,000 (21.4%) | $454,433 (13.7%) | 0.00 | 82 |
2022-05-01 | $344,925 (9.5%) | $448,359 (13.5%) | 0.00 | 95 |
2022-06-01 | $346,175 (15.4%) | $420,791 (6.8%) | 0.00 | 137 |
2022-07-01 | $349,500 (23.7%) | $427,464 (18.4%) | 0.00 | 171 |
2022-08-01 | $349,500 (19.5%) | $428,109 (17.6%) | 0.00 | 196 |
2022-09-01 | $349,500 (28.5%) | $426,621 (0.3%) | 0.00 | 199 |
2022-10-01 | $364,950 (39.1%) | $434,324 (18.5%) | 0.00 | 177 |
2022-11-01 | $366,175 (43.1%) | $434,534 (28.0%) | 0.00 | 174 |
2022-12-01 | $382,400 (49.4%) | $450,919 (29.0%) | 0.00 | 163 |
2023-01-01 | $359,900 (34.5%) | $439,604 (19.4%) | 0.00 | 146 |
2023-02-01 | $351,500 (17.3%) | $423,154 (-4.5%) | 0.00 | 148 |
2023-03-01 | $385,000 (9.6%) | $453,520 (-1.7%) | 0.00 | 128 |
2023-04-01 | $404,100 (9.2%) | $504,303 (11.0%) | 0.00 | 130 |
2023-05-01 | $415,875 (20.6%) | $529,990 (18.2%) | 0.00 | 134 |
2023-06-01 | $399,450 (15.4%) | $491,971 (16.9%) | 0.00 | 153 |
2023-07-01 | $386,150 (10.5%) | $471,109 (10.2%) | 0.00 | 162 |
2023-08-01 | $374,500 (7.2%) | $462,090 (7.9%) | 0.00 | 190 |
2023-09-01 | $368,500 (5.4%) | $463,973 (8.8%) | 0.00 | 205 |
2023-10-01 | $363,450 (-0.4%) | $476,326 (9.7%) | 0.00 | 194 |
2023-11-01 | $375,000 (2.4%) | $475,802 (9.5%) | 0.00 | 193 |
2023-12-01 | $385,000 (0.7%) | $480,382 (6.5%) | 0.00 | 186 |
2024-01-01 | $378,500 (5.2%) | $518,548 (18.0%) | 0.00 | 185 |
2024-02-01 | $381,225 (8.5%) | $519,122 (22.7%) | 0.00 | 154 |
2024-03-01 | $375,000 (-2.6%) | $518,909 (14.4%) | 0.00 | 141 |
2024-04-01 | $369,950 (-8.5%) | $521,725 (3.5%) | 0.00 | 139 |
2024-05-01 | $396,725 (-4.6%) | $555,775 (4.9%) | 0.00 | 155 |
2024-06-01 | $390,900 (-2.1%) | $549,729 (11.7%) | 0.00 | 169 |
2024-07-01 | $379,925 (-1.6%) | $539,130 (14.4%) | 0.00 | 187 |
2024-08-01 | $383,450 (2.4%) | $519,988 (12.5%) | 0.00 | 213 |
2024-09-01 | $388,363 (5.4%) | $529,299 (14.1%) | 0.00 | 220 |
2024-10-01 | $399,600 (10.0%) | $557,750 (17.1%) | 0.00 | 204 |
Casper's median listing price comes in at 0% of the national average.
Casper's average listing price for 2024-10-01 was $557,750, a difference of $81,424 (17.1%) versus the prior year and $28,451 versus the prior month.
For the 2024-10-01 period, Casper had 204 MLS listings, a difference of -16 listings (-7%) versus the prior month and 10 listings (5%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Casper (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,208 sqft |
2018-02-01 | 0 days | 2,245 sqft |
2018-03-01 | 0 days | 2,256 sqft |
2018-04-01 | 0 days | 2,303 sqft |
2018-05-01 | 0 days | 2,373 sqft |
2018-06-01 | 0 days | 2,368 sqft |
2018-07-01 | 0 days | 2,353 sqft |
2018-08-01 | 0 days | 2,350 sqft |
2018-09-01 | 0 days | 2,331 sqft |
2018-10-01 | 0 days | 2,328 sqft |
2018-11-01 | 0 days | 2,293 sqft |
2018-12-01 | 0 days | 2,235 sqft |
2019-01-01 | 0 days | 2,180 sqft |
2019-02-01 | 0 days | 2,156 sqft |
2019-03-01 | 0 days | 2,171 sqft |
2019-04-01 | 0 days | 2,162 sqft |
2019-05-01 | 0 days | 2,140 sqft |
2019-06-01 | 0 days | 2,190 sqft |
2019-07-01 | 0 days | 2,125 sqft |
2019-08-01 | 0 days | 2,112 sqft |
2019-09-01 | 0 days | 2,105 sqft |
2019-10-01 | 0 days | 2,101 sqft |
2019-11-01 | 0 days | 2,018 sqft |
2019-12-01 | 0 days | 2,020 sqft |
2020-01-01 | 0 days | 2,031 sqft |
2020-02-01 | 0 days | 2,196 sqft |
2020-03-01 | 0 days | 2,203 sqft |
2020-04-01 | 0 days | 2,285 sqft |
2020-05-01 | 0 days | 2,261 sqft |
2020-06-01 | 0 days | 2,338 sqft |
2020-07-01 | 0 days | 2,363 sqft |
2020-08-01 | 0 days | 2,345 sqft |
2020-09-01 | 0 days | 2,331 sqft |
2020-10-01 | 0 days | 2,315 sqft |
2020-11-01 | 0 days | 2,306 sqft |
2020-12-01 | 0 days | 2,307 sqft |
2021-01-01 | 0 days | 2,300 sqft |
2021-02-01 | 0 days | 2,239 sqft |
2021-03-01 | 0 days | 2,263 sqft |
2021-04-01 | 0 days | 2,348 sqft |
2021-05-01 | 0 days | 2,367 sqft |
2021-06-01 | 0 days | 2,259 sqft |
2021-07-01 | 0 days | 2,206 sqft |
2021-08-01 | 0 days | 2,222 sqft |
2021-09-01 | 0 days | 2,270 sqft |
2021-10-01 | 0 days | 2,119 sqft |
2021-11-01 | 0 days | 2,120 sqft |
2021-12-01 | 0 days | 2,132 sqft |
2022-01-01 | 0 days | 2,221 sqft |
2022-02-01 | 0 days | 2,237 sqft |
2022-03-01 | 0 days | 2,433 sqft |
2022-04-01 | 0 days | 2,491 sqft |
2022-05-01 | 0 days | 2,297 sqft |
2022-06-01 | 0 days | 2,401 sqft |
2022-07-01 | 0 days | 2,408 sqft |
2022-08-01 | 0 days | 2,378 sqft |
2022-09-01 | 0 days | 2,366 sqft |
2022-10-01 | 0 days | 2,408 sqft |
2022-11-01 | 0 days | 2,370 sqft |
2022-12-01 | 0 days | 2,388 sqft |
2023-01-01 | 0 days | 2,340 sqft |
2023-02-01 | 0 days | 2,248 sqft |
2023-03-01 | 0 days | 2,389 sqft |
2023-04-01 | 0 days | 2,515 sqft |
2023-05-01 | 0 days | 2,572 sqft |
2023-06-01 | 0 days | 2,393 sqft |
2023-07-01 | 0 days | 2,392 sqft |
2023-08-01 | 0 days | 2,359 sqft |
2023-09-01 | 0 days | 2,262 sqft |
2023-10-01 | 0 days | 2,260 sqft |
2023-11-01 | 0 days | 2,296 sqft |
2023-12-01 | 0 days | 2,343 sqft |
2024-01-01 | 0 days | 2,339 sqft |
2024-02-01 | 0 days | 2,343 sqft |
2024-03-01 | 0 days | 2,282 sqft |
2024-04-01 | 0 days | 2,193 sqft |
2024-05-01 | 0 days | 2,318 sqft |
2024-06-01 | 0 days | 2,269 sqft |
2024-07-01 | 0 days | 2,265 sqft |
2024-08-01 | 0 days | 2,294 sqft |
2024-09-01 | 0 days | 2,323 sqft |
2024-10-01 | 0 days | 2,395 sqft |
Casper's median square footage for active listings during the 2024-10-01 period was 2,395 sqft. One year prior, the average listing was 2,260 sqft.