Andrews Mortgage Rates
30 Year Fixed Rate mortgages in Andrews averaged
6.46%
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
6.43% and
one month ago for the week of 2022-05-19, the
average rate was 5.9%.
Andrews's average rate one year ago was 3.2%.
For refis of the same type during the week of 2022-06-23, the average rate
was 5.95%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
Andrews 30 Year Fixed Rate | 2022-06-23 | 6.46% |
Andrews 30 Year Fixed Rate Refi | 2022-06-23 | 5.95% |
Andrews 15 Year Fixed Rate | 2022-06-23 | 5.64% |
Andrews 15 Year Fixed Rate Refi | 2022-06-23 | 5.32% |
Andrews 30 Year FHA | 2022-06-23 | 0.59% |
Andrews 30 Year FHA Refi | 2022-06-23 | -0.09% |
Andrews 30 Year USDA | 2022-06-23 | 0.24% |
Andrews 30 Year USDA Refi | 2022-06-23 | 3.2% |
Andrews 30 Year VA | 2022-06-23 | 0.47% |
Andrews 30 Year VA Refi | 2022-06-23 | 0.03% |
Andrews 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 Andrews, 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.).
Andrews, TX's 49 lenders originated 451
loans during 2021. The total origination value was $98,485,000, with an average loan value of
$218,370.
The top Andrews lender as defined by loan originations is QUICKEN LOANS, LLC, with
24 loans originated. Their average total fees are
$5,162, which is $752
lower than the next largest lender,
AMCAP MORTGAGE, LTD..
The lowest fee Andrews lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($5,162), PRIMELENDING, A PLAINSCAPITAL COMPANY ($5,246), AMCAP MORTGAGE, LTD. ($5,914), .
The lowest rate Andrews lenders (with over 10 loans originated) are
AMCAP MORTGAGE, LTD. (3.19%), QUICKEN LOANS, LLC (3.19%), PRIMELENDING, A PLAINSCAPITAL COMPANY (3.47%), .
Andrews, 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 |
---|---|---|---|---|
QUICKEN LOANS, LLC | $12,005,000 | $11,890,000 | -1.0% | 12.1% |
AMCAP MORTGAGE, LTD. | $5,210,000 | $10,680,000 | 105.0% | 10.8% |
INTERLINC MORTGAGE SERVICES, LLC | $1,170,000 | $4,445,000 | 279.9% | 4.5% |
FREEDOM MORTGAGE CORPORATION | $3,780,000 | $4,340,000 | 14.8% | 4.4% |
Nations Lending Corporation | $1,680,000 | $4,045,000 | 140.8% | 4.1% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $4,490,000 | $3,970,000 | -11.6% | 4.0% |
Waterstone Mortgage Corporation | $3,600,000 | n/a | 3.7% | |
Gateway First Bank | $2,170,000 | $2,985,000 | 37.6% | 3.0% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,850,000 | $2,740,000 | -3.9% | 2.8% |
Mr. Cooper ( Nationstar Mortgage ) | $2,765,000 | $2,670,000 | -3.4% | 2.7% |
Wells Fargo Bank | $685,000 | $2,620,000 | 282.5% | 2.7% |
PENNYMAC LOAN SERVICES, LLC | $310,000 | $2,220,000 | 616.1% | 2.3% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,085,000 | $2,190,000 | 5.0% | 2.2% |
Mortgage Research Center, LLC | $1,485,000 | $2,010,000 | 35.4% | 2.0% |
HOME POINT FINANCIAL CORPORATION | $435,000 | $1,835,000 | 321.8% | 1.9% |
EVERETT FINANCIAL, INC. | $9,450,000 | $1,610,000 | -83.0% | 1.6% |
21ST MORTGAGE CORPORATION | $2,875,000 | $1,600,000 | -44.3% | 1.6% |
LOANPAL, LLC | $1,115,000 | $1,320,000 | 18.4% | 1.3% |
BROKER SOLUTIONS, INC. | $195,000 | $1,215,000 | 523.1% | 1.2% |
JPMorgan Chase Bank | $790,000 | $1,180,000 | 49.4% | 1.2% |
First Bank & Trust | $1,310,000 | $915,000 | -30.2% | 0.9% |
BETTER MORTGAGE CORPORATION | $135,000 | $885,000 | 555.6% | 0.9% |
LRS FINANCIAL NETWORK, INC. | $1,010,000 | $875,000 | -13.4% | 0.9% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $570,000 | $865,000 | 51.8% | 0.9% |
AMERISAVE MORTGAGE CORPORATION | $1,515,000 | $855,000 | -43.6% | 0.9% |
CALIBER HOME LOANS, INC. | $945,000 | $830,000 | -12.2% | 0.8% |
LENDUS, LLC | $830,000 | n/a | 0.8% | |
CHURCHILL MORTGAGE CORPORATION | $1,125,000 | $800,000 | -28.9% | 0.8% |
Truist Bank | $250,000 | $785,000 | 214.0% | 0.8% |
Complex Community Federal Credit Union | $960,000 | $775,000 | -19.3% | 0.8% |
LAKEVIEW LOAN SERVICING, LLC | $705,000 | $775,000 | 9.9% | 0.8% |
Lakeview Community Capital, LLC | $570,000 | $745,000 | 30.7% | 0.8% |
CHEVRON | $245,000 | $660,000 | 169.4% | 0.7% |
BancorpSouth Bank | $605,000 | n/a | 0.6% | |
City Bank | $960,000 | $570,000 | -40.6% | 0.6% |
U.S. Bank | $605,000 | $570,000 | -5.8% | 0.6% |
FBC MORTGAGE, LLC | $4,230,000 | $560,000 | -86.8% | 0.6% |
TEXAS TECH | $315,000 | $545,000 | 73.0% | 0.6% |
GUILD MORTGAGE COMPANY | $4,590,000 | $520,000 | -88.7% | 0.5% |
Southwest Bank | $670,000 | $500,000 | -25.4% | 0.5% |
SOUTHWEST STAGE FUNDING, LLC | $590,000 | $495,000 | -16.1% | 0.5% |
AMERICAN FINANCIAL RESOURCES, INC. | $165,000 | $490,000 | 197.0% | 0.5% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $590,000 | $490,000 | -16.9% | 0.5% |
GUARANTEED RATE AFFINITY, LLC | $465,000 | n/a | 0.5% | |
VILLAGE CAPITAL & INVESTMENT LLC | $850,000 | $455,000 | -46.5% | 0.5% |
DIRECTIONS EQUITY, LLC | $435,000 | n/a | 0.4% | |
SUN WEST MORTGAGE COMPANY, INC. | $430,000 | n/a | 0.4% | |
NEWREZ LLC | $1,295,000 | $415,000 | -68.0% | 0.4% |
Bank of England | $440,000 | $395,000 | -10.2% | 0.4% |
MID AMERICA MORTGAGE, INC. | $500,000 | $390,000 | -22.0% | 0.4% |
UNITED WHOLESALE MORTGAGE, LLC | $1,860,000 | $390,000 | -79.0% | 0.4% |
First United Bank | $375,000 | n/a | 0.4% | |
American Momentum Bank | $170,000 | $355,000 | 108.8% | 0.4% |
GENEVA FINANCIAL, LLC | $355,000 | n/a | 0.4% | |
LOANDEPOT.COM, LLC | $760,000 | $355,000 | -53.3% | 0.4% |
TRIAD FINANCIAL SERVICES, INC. | $105,000 | $355,000 | 238.1% | 0.4% |
PREMIA MORTGAGE, LLC | $345,000 | n/a | 0.4% | |
Amarillo National Bank | $225,000 | $335,000 | 48.9% | 0.3% |
AmeriHome Mortgage Company, LLC | $315,000 | n/a | 0.3% | |
Northpointe Bank | $295,000 | $310,000 | 5.1% | 0.3% |
AMERICAN FINANCIAL NETWORK, INC. | $305,000 | n/a | 0.3% | |
ARC HOME LLC | $305,000 | n/a | 0.3% | |
INFINITY MORTGAGE HOLDINGS, LLC | $300,000 | n/a | 0.3% | |
USAA Federal Savings Bank | $875,000 | $285,000 | -67.4% | 0.3% |
ROYAL UNITED MORTGAGE LLC | $640,000 | $280,000 | -56.3% | 0.3% |
Arvest Bank | $265,000 | n/a | 0.3% | |
Community National Bank | $265,000 | n/a | 0.3% | |
CITY FIRST MORTGAGE SERVICES, L.L.C. | $255,000 | n/a | 0.3% | |
Happy State Bank | $255,000 | n/a | 0.3% | |
THRIVE MORTGAGE, LLC | $255,000 | n/a | 0.3% | |
LENOX FINANCIAL MORTGAGE CORPORATION | $245,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $405,000 | $240,000 | -40.7% | 0.2% |
First Guaranty Mortgage Corporation | $580,000 | $235,000 | -59.5% | 0.2% |
SWBC MORTGAGE CORPORATION | $680,000 | $225,000 | -66.9% | 0.2% |
Discover Bank | $210,000 | n/a | 0.2% | |
NAVY FEDERAL CREDIT UNION | $205,000 | n/a | 0.2% | |
ASPIRE FINANCIAL, INC. | $195,000 | n/a | 0.2% | |
Hometown Lenders, Inc. | $195,000 | n/a | 0.2% | |
Town Square Mortgage & Investments, Inc. | $195,000 | n/a | 0.2% | |
Flagstar Bank, FSB | $95,000 | $175,000 | 84.2% | 0.2% |
MORTGAGE ACCESS CORP. | $175,000 | n/a | 0.2% | |
HOMESIDE FINANCIAL, LLC | $165,000 | n/a | 0.2% | |
Paramount Residential Mortgage Group, Inc. | $165,000 | $165,000 | 0.0% | 0.2% |
CMG MORTGAGE, INC. | $135,000 | $155,000 | 14.8% | 0.2% |
CHERRY CREEK MORTGAGE, LLC | $145,000 | n/a | 0.1% | |
REVERSE MORTGAGE FUNDING LLC | $145,000 | n/a | 0.1% | |
Servion, Inc. | $135,000 | n/a | 0.1% | |
CADENCE LENDING GROUP, INC. | $125,000 | n/a | 0.1% | |
Equity Prime Mortgage LLC | $125,000 | n/a | 0.1% | |
Bank of America | $235,000 | $115,000 | -51.1% | 0.1% |
GUARANTEED RATE, INC. | $175,000 | $105,000 | -40.0% | 0.1% |
PLANET HOME LENDING, LLC | $1,355,000 | $105,000 | -92.3% | 0.1% |
Colonial Savings, F.A. | $85,000 | n/a | 0.1% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $380,000 | $75,000 | -80.3% | 0.1% |
CREDIT HUMAN FEDERAL CREDIT UNION | $105,000 | $65,000 | -38.1% | 0.1% |
FirstBank | $75,000 | $65,000 | -13.3% | 0.1% |
Prosperity Bank | $265,000 | $65,000 | -75.5% | 0.1% |
Andrews's top lender by overall market share is QUICKEN LOANS, LLC, with 12.1% market share. In second place, with 10.8%, is AMCAP MORTGAGE, LTD., having originated $10,680,000 in loans. In third place, with 4.5%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $4,445,000 in loans. In third place, with 4.4%, is FREEDOM MORTGAGE CORPORATION, having originated $4,340,000 in loans. In third place, with 4.1%, is Nations Lending Corporation, having originated $4,045,000 in loans.
Andrews, TX Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 235 | $53,095,000 | $225,936 |
Refi | 170 | $36,100,000 | $212,353 |
Cash Out Refi | 37 | $7,775,000 | $210,135 |
Home Improvement | 6 | $440,000 | $73,333 |
Other | 3 | $1,075,000 | $358,333 |
Andrews's most frequently cited loan purpose was Home Purchase, with 235 originations. The 2nd most popular reason was Refi, with 170 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 203 | $45,685,000 | $225,049 |
2.5-3% | 128 | $31,050,000 | $242,578 |
<2.5% | 55 | $11,945,000 | $217,182 |
4-5% | 30 | $6,080,000 | $202,667 |
Over 8% | 12 | $1,380,000 | $115,000 |
6-7% | 5 | $455,000 | $91,000 |
7-8% | 3 | $355,000 | $118,333 |
5-6% | 3 | $495,000 | $165,000 |
During 2021, Andrews's most frequently originated rate bucket was 3-4%, with 203 originations.
Loan Sizing (Andrews, TX MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 228 | $62,250,000 | $273,026 |
$100k-200k | 167 | $26,165,000 | $156,677 |
$100,000 or less | 40 | $2,530,000 | $63,250 |
$400k-600k | 15 | $6,935,000 | $462,333 |
$600k-1000k | 1 | $605,000 | $605,000 |
Andrews's loan sizing saw the bucket of loans from $200k-400k with 228 originations, totaling $62,250,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 266 | $61,410,000 | $230,865 |
60-80% | 101 | $22,595,000 | $223,713 |
40-60% | 23 | $3,755,000 | $163,261 |
Over 100% | 12 | $4,340,000 | $361,667 |
Under 20% | 6 | $40,000 | $6,667 |
20-40% | 5 | $445,000 | $89,000 |
Andrews's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 266 originations, totaling $61,410,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Andrews (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 | $213,750 (11.9%) | $244,575 (4.5%) | 0.00 | 84 |
2018-02-01 | $224,000 (13.5%) | $270,604 (10.8%) | 0.00 | 85 |
2018-03-01 | $228,000 (7.0%) | $270,745 (11.6%) | 0.00 | 86 |
2018-04-01 | $229,000 (6.5%) | $271,704 (9.7%) | 0.00 | 77 |
2018-05-01 | $242,500 (10.7%) | $288,172 (17.1%) | 0.00 | 70 |
2018-06-01 | $240,000 (9.1%) | $290,260 (18.7%) | 0.00 | 66 |
2018-07-01 | $268,000 (24.7%) | $309,365 (33.2%) | 0.00 | 61 |
2018-08-01 | $280,000 (41.8%) | $310,116 (39.9%) | 0.00 | 48 |
2018-09-01 | $235,000 (20.5%) | $289,802 (25.7%) | 0.00 | 46 |
2018-10-01 | $235,250 (17.8%) | $279,378 (16.3%) | 0.00 | 44 |
2018-11-01 | $248,450 (23.5%) | $282,307 (19.5%) | 0.00 | 43 |
2018-12-01 | $198,000 (-7.5%) | $263,406 (9.4%) | 0.00 | 50 |
2019-01-01 | $217,500 (1.8%) | $263,979 (7.9%) | 0.00 | 51 |
2019-02-01 | $236,450 (5.6%) | $260,506 (-3.7%) | 0.00 | 56 |
2019-03-01 | $247,371 (8.5%) | $257,582 (-4.9%) | 0.00 | 56 |
2019-04-01 | $279,450 (22.0%) | $262,532 (-3.4%) | 0.00 | 53 |
2019-05-01 | $279,840 (15.4%) | $291,241 (1.1%) | 0.00 | 50 |
2019-06-01 | $289,999 (20.8%) | $297,967 (2.7%) | 0.00 | 47 |
2019-07-01 | $275,000 (2.6%) | $274,192 (-11.4%) | 0.00 | 51 |
2019-08-01 | $262,357 (-6.3%) | $278,225 (-10.3%) | 0.00 | 57 |
2019-09-01 | $265,107 (12.8%) | $294,353 (1.6%) | 0.00 | 61 |
2019-10-01 | $250,450 (6.5%) | $289,798 (3.7%) | 0.00 | 67 |
2019-11-01 | $265,000 (6.7%) | $288,841 (2.3%) | 0.00 | 65 |
2019-12-01 | $244,450 (23.5%) | $282,832 (7.4%) | 0.00 | 64 |
2020-01-01 | $244,450 (12.4%) | $289,299 (9.6%) | 0.00 | 65 |
2020-02-01 | $227,900 (-3.6%) | $282,247 (8.4%) | 0.00 | 75 |
2020-03-01 | $220,000 (-11.1%) | $268,709 (4.3%) | 0.00 | 90 |
2020-04-01 | $215,000 (-23.1%) | $265,371 (1.1%) | 0.00 | 102 |
2020-05-01 | $223,000 (-20.3%) | $264,865 (-9.1%) | 0.00 | 98 |
2020-06-01 | $227,900 (-21.4%) | $268,381 (-9.9%) | 0.00 | 93 |
2020-07-01 | $227,900 (-17.1%) | $273,989 (-0.1%) | 0.00 | 89 |
2020-08-01 | $235,000 (-10.4%) | $281,011 (1.0%) | 0.00 | 86 |
2020-09-01 | $259,000 (-2.3%) | $300,394 (2.1%) | 0.00 | 94 |
2020-10-01 | $260,000 (3.8%) | $298,214 (2.9%) | 0.00 | 97 |
2020-11-01 | $260,450 (-1.7%) | $293,448 (1.6%) | 0.00 | 99 |
2020-12-01 | $260,000 (6.4%) | $292,823 (3.5%) | 0.00 | 108 |
2021-01-01 | $250,000 (2.3%) | $289,815 (0.2%) | 0.00 | 92 |
2021-02-01 | $250,000 (9.7%) | $296,794 (5.2%) | 0.00 | 105 |
2021-03-01 | $259,000 (17.7%) | $303,205 (12.8%) | 0.00 | 96 |
2021-04-01 | $274,500 (27.7%) | $304,143 (14.6%) | 0.00 | 96 |
2021-05-01 | $265,000 (18.8%) | $299,305 (13.0%) | 0.00 | 93 |
2021-06-01 | $266,000 (16.7%) | $308,619 (15.0%) | 0.00 | 89 |
2021-07-01 | $290,000 (27.3%) | $319,500 (16.6%) | 0.00 | 87 |
2021-08-01 | $288,500 (22.8%) | $314,005 (11.7%) | 0.00 | 83 |
2021-09-01 | $260,000 (0.4%) | $304,181 (1.3%) | 0.00 | 87 |
2021-10-01 | $254,500 (-2.1%) | $310,010 (4.0%) | 0.00 | 94 |
2021-11-01 | $244,950 (-6.0%) | $299,645 (2.1%) | 0.00 | 91 |
2021-12-01 | $250,000 (-3.9%) | $308,669 (5.4%) | 0.00 | 91 |
2022-01-01 | $244,500 (-2.2%) | $313,378 (8.1%) | 0.00 | 83 |
2022-02-01 | $219,900 (-12.0%) | $290,180 (-2.2%) | 0.00 | 71 |
2022-03-01 | $229,950 (-11.2%) | $308,419 (1.7%) | 0.00 | 64 |
2022-04-01 | $229,900 (-16.3%) | $307,976 (1.3%) | 0.00 | 59 |
2022-05-01 | $237,500 (-10.4%) | $345,020 (15.3%) | 0.00 | 65 |
Andrews's median listing price comes in at 0% of the national average.
Andrews's average listing price for 2022-05-01 was $345,020, a difference of $45,715 (15.3%) versus the prior year and $37,044 versus the prior month.
For the 2022-05-01 period, Andrews had 65 MLS listings, a difference of 6 listings (10%) versus the prior month and -28 listings (-30%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Andrews (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,003 sqft |
2018-02-01 | 0 days | 2,124 sqft |
2018-03-01 | 0 days | 2,074 sqft |
2018-04-01 | 0 days | 2,028 sqft |
2018-05-01 | 0 days | 2,045 sqft |
2018-06-01 | 0 days | 2,070 sqft |
2018-07-01 | 0 days | 2,087 sqft |
2018-08-01 | 0 days | 2,137 sqft |
2018-09-01 | 0 days | 2,026 sqft |
2018-10-01 | 0 days | 1,928 sqft |
2018-11-01 | 0 days | 1,943 sqft |
2018-12-01 | 0 days | 1,781 sqft |
2019-01-01 | 0 days | 1,797 sqft |
2019-02-01 | 0 days | 1,864 sqft |
2019-03-01 | 0 days | 1,916 sqft |
2019-04-01 | 0 days | 1,994 sqft |
2019-05-01 | 0 days | 2,002 sqft |
2019-06-01 | 0 days | 1,810 sqft |
2019-07-01 | 0 days | 1,781 sqft |
2019-08-01 | 0 days | 1,799 sqft |
2019-09-01 | 0 days | 1,854 sqft |
2019-10-01 | 0 days | 1,852 sqft |
2019-11-01 | 0 days | 1,818 sqft |
2019-12-01 | 0 days | 1,847 sqft |
2020-01-01 | 0 days | 1,910 sqft |
2020-02-01 | 0 days | 1,865 sqft |
2020-03-01 | 0 days | 1,847 sqft |
2020-04-01 | 0 days | 1,768 sqft |
2020-05-01 | 0 days | 1,807 sqft |
2020-06-01 | 0 days | 1,835 sqft |
2020-07-01 | 0 days | 1,850 sqft |
2020-08-01 | 0 days | 1,853 sqft |
2020-09-01 | 0 days | 1,864 sqft |
2020-10-01 | 0 days | 1,865 sqft |
2020-11-01 | 0 days | 1,902 sqft |
2020-12-01 | 0 days | 1,953 sqft |
2021-01-01 | 0 days | 1,902 sqft |
2021-02-01 | 0 days | 1,953 sqft |
2021-03-01 | 0 days | 1,947 sqft |
2021-04-01 | 0 days | 1,953 sqft |
2021-05-01 | 0 days | 1,941 sqft |
2021-06-01 | 0 days | 1,943 sqft |
2021-07-01 | 0 days | 2,007 sqft |
2021-08-01 | 0 days | 2,018 sqft |
2021-09-01 | 0 days | 1,972 sqft |
2021-10-01 | 0 days | 1,957 sqft |
2021-11-01 | 0 days | 1,947 sqft |
2021-12-01 | 0 days | 1,954 sqft |
2022-01-01 | 0 days | 1,944 sqft |
2022-02-01 | 0 days | 1,774 sqft |
2022-03-01 | 0 days | 1,807 sqft |
2022-04-01 | 0 days | 1,844 sqft |
2022-05-01 | 0 days | 1,870 sqft |
Andrews's median square footage for active listings during the 2022-05-01 period was 1,870 sqft. One year prior, the average listing was 1,941 sqft.