Beatrice Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Beatrice averaged 6.93% for the week of 2024-05-23, compared to the national average of 6.94% for the same period.

The average rate for the prior week (2024-05-16) was 7.11% and one month ago for the week of 2024-04-18, the average rate was 7.19%.

Beatrice's average rate one year ago was 6.28%.

For refis of the same type during the week of 2024-05-23, the average rate was 7.54%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-23 6.94%
Beatrice 30 Year Fixed Rate 2024-05-23 6.93%
Beatrice 30 Year Fixed Rate Refi 2024-05-23 7.54%
Beatrice 15 Year Fixed Rate 2024-05-23 6.14%
Beatrice 15 Year Fixed Rate Refi 2024-05-23 6.64%
Beatrice 30 Year FHA 2024-05-23 6.95%
Beatrice 30 Year FHA Refi 2024-05-23 7.05%
Beatrice 30 Year USDA 2024-05-23 6.64%
Beatrice 30 Year USDA Refi 2024-05-23 6.94%
Beatrice 30 Year VA 2024-05-23 6.37%
Beatrice 30 Year VA Refi 2024-05-23 6.77%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Beatrice, NE.

Beatrice 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 Beatrice, NE 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Union Bank and Trust Company 12 6.36% $2,689
First National Bank of Omaha 9 6.69% $2,739
QUICKEN LOANS, LLC 6 6.75% $5,054
U.S. Bank 6 6.90% $2,274
GERSHMAN INVESTMENT CORP. 5 7.03% $2,627
Security First Bank 5 6.85% $1,972
Pinnacle Bank 4 6.69% $2,635
CHARTER WEST BANK 4 6.75% $2,719
Lincoln FSB of Nebraska 3 6.71% $2,166
BMO Harris Bank 2 7.00% $3,417
CMG MORTGAGE, INC. 2 7.00% $3,215
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.06% $3,114
Regent Financial Group, Inc. 2 6.63% $5,810
Wells Fargo Bank 2 6.88% $4,856
GUILD MORTGAGE COMPANY 1 7.63% $2,368
JPMorgan Chase Bank 1 7.38% $2,899
LIBERTY FIRST 1 7.00% $2,799
First Interstate Bank 1 6.88% $2,716
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.50% $12,270
NAVY FEDERAL CREDIT UNION 1 8.00% $1,928
NEWREZ LLC 1 6.50% $6,767
Paramount Residential Mortgage Group, Inc. 1 7.99% $7,204
Financial Funding Solutions, Inc. 1 6.99% $2,336
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.63% $3,748
CORNHUSKER BANK 1 5.63% $2,215
West Gate Bank 1 6.88% $2,789
Core Bank 1 6.75% $2,222
SIOUXLAND FEDERAL CREDIT UNION 1 6.63% $4,185
Cobalt Credit Union 1 5.63% $2,283
United Fidelity Funding Corp. 1 6.99% $3,625
UNITED WHOLESALE MORTGAGE, LLC 1 7.50% $4,934
USAA Federal Savings Bank 1 5.88% $4,692
Citizens Bank 1 6.75% $3,711
Frontier Bank 1 6.13% $1,425
Flagstar Bank, FSB 1 7.25% $6,040

Beatrice Average Closing Costs & Other Stats

Beatrice, NE's 35 lenders originated 377 loans during 2023. The total origination value was $58,355,000, with an average loan value of $154,788.

Beatrice's average closing costs are $3,642.

The top Beatrice lender as defined by loan originations is Union Bank and Trust Company, with 12 loans originated. Their average total fees are $2,689, which is $49 lower than the next largest lender, First National Bank of Omaha.

The lowest fee Beatrice lenders (with over 10 loans originated) are Union Bank and Trust Company ($2,689), .

The lowest rate Beatrice lenders (with over 10 loans originated) are Union Bank and Trust Company (6.36%), .

Beatrice, NE 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Pinnacle Bank $8,040,000 $6,075,000 -24.4% 10.4%
First National Bank of Omaha $6,135,000 $5,265,000 -14.2% 9.0%
Lincoln FSB of Nebraska $3,765,000 $5,035,000 33.7% 8.6%
Union Bank and Trust Company $2,455,000 $4,660,000 89.8% 8.0%
First State Bank Nebraska $8,270,000 $3,145,000 -62.0% 5.4%
Security First Bank $4,005,000 $2,710,000 -32.3% 4.6%
QUICKEN LOANS, LLC $3,915,000 $2,475,000 -36.8% 4.2%
CHARTER WEST BANK $2,825,000 $2,060,000 -27.1% 3.5%
LIBERTY FIRST $1,110,000 $1,890,000 70.3% 3.2%
GERSHMAN INVESTMENT CORP. $2,935,000 $1,850,000 -37.0% 3.2%
Mortgage Research Center, LLC $3,165,000 $1,845,000 -41.7% 3.2%
CITY BANK & TRUST CO. $1,420,000 n/a 2.4%
FirstBank of Nebraska $1,720,000 $1,375,000 -20.1% 2.4%
U.S. Bank $2,560,000 $1,255,000 -51.0% 2.2%
MUTUAL OF OMAHA MORTGAGE, INC. $85,000 $990,000 1,064.7% 1.7%
Regent Financial Group, Inc. $445,000 $980,000 120.2% 1.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $570,000 $725,000 27.2% 1.2%
CMG MORTGAGE, INC. $1,985,000 $680,000 -65.7% 1.2%
Wells Fargo Bank $655,000 $635,000 -3.1% 1.1%
PENNYMAC LOAN SERVICES, LLC $225,000 $555,000 146.7% 1.0%
AMERISAVE MORTGAGE CORPORATION $820,000 $530,000 -35.4% 0.9%
First Savings Bank $1,950,000 $525,000 -73.1% 0.9%
West Gate Bank $1,380,000 $500,000 -63.8% 0.9%
UNITED WHOLESALE MORTGAGE, LLC $715,000 $455,000 -36.4% 0.8%
United Fidelity Funding Corp. $310,000 $450,000 45.2% 0.8%
NAVY FEDERAL CREDIT UNION $85,000 $445,000 423.5% 0.8%
First Interstate Bank $310,000 $415,000 33.9% 0.7%
BMO Harris Bank $410,000 n/a 0.7%
Prosperity Home Mortgage, LLC $640,000 $400,000 -37.5% 0.7%
Financial Funding Solutions, Inc. $165,000 $385,000 133.3% 0.7%
MORTGAGE SOLUTIONS OF COLORADO, LLC $370,000 n/a 0.6%
NEWREZ LLC $165,000 $370,000 124.2% 0.6%
Flagstar Bank, FSB $1,360,000 $335,000 -75.4% 0.6%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $315,000 n/a 0.5%
First Bank $1,095,000 $315,000 -71.2% 0.5%
MORIA DEVELOPMENT, INC. $495,000 $285,000 -42.4% 0.5%
The Federal Savings Bank $610,000 $275,000 -54.9% 0.5%
CORNHUSKER BANK $755,000 $265,000 -64.9% 0.5%
Citizens Bank $260,000 n/a 0.4%
Discover Bank $125,000 $235,000 88.0% 0.4%
Paramount Residential Mortgage Group, Inc. $230,000 n/a 0.4%
Core Bank $225,000 n/a 0.4%
Nebraska Bank of Commerce $225,000 n/a 0.4%
SIOUXLAND FEDERAL CREDIT UNION $225,000 n/a 0.4%
Access Bank $220,000 n/a 0.4%
USAA Federal Savings Bank $640,000 $215,000 -66.4% 0.4%
FIRST STATE MORTGAGE SERVICES, LLC $195,000 n/a 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $115,000 $195,000 69.6% 0.3%
CENTENNIAL LENDING, LLC $625,000 $185,000 -70.4% 0.3%
GUILD MORTGAGE COMPANY $320,000 $185,000 -42.2% 0.3%
BROKER SOLUTIONS, INC. $565,000 $180,000 -68.1% 0.3%
Farm Credit Mid-America, ACA $340,000 $155,000 -54.4% 0.3%
LAKEVIEW LOAN SERVICING, LLC $155,000 n/a 0.3%
LOANDEPOT.COM, LLC $650,000 $155,000 -76.2% 0.3%
Northwest Bank $155,000 n/a 0.3%
American Mortgage Bank, LLC $145,000 n/a 0.2%
Frontier Bank $145,000 n/a 0.2%
JPMorgan Chase Bank $270,000 $115,000 -57.4% 0.2%
Coastal Community Bank $100,000 n/a 0.2%
Figure Lending LLC $80,000 $100,000 25.0% 0.2%
Cobalt Credit Union $100,000 $85,000 -15.0% 0.1%
Midwest Bank $90,000 $75,000 -16.7% 0.1%
State Bank of Table Rock $65,000 n/a 0.1%
LPS Employees Federal Credit Union $60,000 n/a 0.1%
FirsTier Bank $55,000 n/a 0.1%
SPRING EQ, LLC $45,000 n/a 0.1%
Bank of America $195,000 $35,000 -82.1% 0.1%
Bank of the West $430,000 $35,000 -91.9% 0.1%
Deere Employees Credit Union $15,000 n/a 0.0%

Beatrice's top lender by overall market share is Pinnacle Bank, with 10.4% market share. In second place, with 9.0%, is First National Bank of Omaha, having originated $5,265,000 in loans. In third place, with 8.6%, is Lincoln FSB of Nebraska, having originated $5,035,000 in loans. In fourth place, with 8.0%, is Union Bank and Trust Company, having originated $4,660,000 in loans. In fifth place, with 5.4%, is First State Bank Nebraska, having originated $3,145,000 in loans.


Beatrice Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Beatrice (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 $119,500 (9.1%) $143,248 (6.7%) 0.00 70
2018-02-01 $126,475 (-1.6%) $152,864 (3.2%) 0.00 64
2018-03-01 $139,900 (4.0%) $178,202 (24.2%) 0.00 76
2018-04-01 $165,700 (21.0%) $180,268 (10.8%) 0.00 92
2018-05-01 $170,800 (8.9%) $181,559 (1.2%) 0.00 96
2018-06-01 $173,500 (16.3%) $176,623 (5.5%) 0.00 96
2018-07-01 $166,800 (15.1%) $164,285 (-0.4%) 0.00 103
2018-08-01 $159,974 (12.3%) $158,843 (-0.5%) 0.00 99
2018-09-01 $147,500 (1.8%) $143,480 (-8.0%) 0.00 103
2018-10-01 $144,750 (20.4%) $147,505 (-1.3%) 0.00 106
2018-11-01 $129,900 (13.0%) $151,788 (5.0%) 0.00 106
2018-12-01 $139,700 (19.0%) $161,531 (17.7%) 0.00 107
2019-01-01 $139,125 (16.4%) $165,203 (15.3%) 0.00 86
2019-02-01 $134,700 (6.5%) $158,704 (3.8%) 0.00 92
2019-03-01 $132,550 (-5.3%) $152,713 (-14.3%) 0.00 84
2019-04-01 $129,975 (-21.6%) $148,663 (-17.5%) 0.00 72
2019-05-01 $128,075 (-25.0%) $155,537 (-14.3%) 0.00 62
2019-06-01 $154,900 (-10.7%) $168,456 (-4.6%) 0.00 64
2019-07-01 $183,700 (10.1%) $186,165 (13.3%) 0.00 57
2019-08-01 $171,561 (7.2%) $194,886 (22.7%) 0.00 58
2019-09-01 $162,653 (10.3%) $210,789 (46.9%) 0.00 62
2019-10-01 $158,302 (9.4%) $211,714 (43.5%) 0.00 65
2019-11-01 $155,750 (19.9%) $186,255 (22.7%) 0.00 75
2019-12-01 $144,950 (3.8%) $172,296 (6.7%) 0.00 70
2020-01-01 $144,175 (3.6%) $167,580 (1.4%) 0.00 66
2020-02-01 $139,700 (3.7%) $176,373 (11.1%) 0.00 62
2020-03-01 $149,675 (12.9%) $185,137 (21.2%) 0.00 65
2020-04-01 $148,438 (14.2%) $184,835 (24.3%) 0.00 62
2020-05-01 $182,200 (42.3%) $193,529 (24.4%) 0.00 58
2020-06-01 $191,900 (23.9%) $201,019 (19.3%) 0.00 39
2020-07-01 $152,400 (-17.0%) $199,064 (6.9%) 0.00 43
2020-08-01 $185,000 (7.8%) $219,532 (12.7%) 0.00 40
2020-09-01 $153,475 (-5.6%) $191,731 (-9.0%) 0.00 48
2020-10-01 $137,900 (-12.9%) $178,763 (-15.6%) 0.00 38
2020-11-01 $138,700 (-11.0%) $174,742 (-6.2%) 0.00 37
2020-12-01 $146,444 (1.0%) $183,600 (6.6%) 0.00 34
2021-01-01 $134,000 (-7.1%) $183,004 (9.2%) 0.00 27
2021-02-01 $133,950 (-4.1%) $184,621 (4.7%) 0.00 30
2021-03-01 $133,250 (-11.0%) $170,038 (-8.2%) 0.00 31
2021-04-01 $126,000 (-15.1%) $164,794 (-10.8%) 0.00 27
2021-05-01 $126,000 (-30.9%) $196,689 (1.6%) 0.00 26
2021-06-01 $153,975 (-19.8%) $229,279 (14.1%) 0.00 26
2021-07-01 $126,000 (-17.3%) $195,362 (-1.9%) 0.00 35
2021-08-01 $138,500 (-25.1%) $199,906 (-8.9%) 0.00 37
2021-09-01 $136,500 (-11.1%) $214,609 (11.9%) 0.00 33
2021-10-01 $154,450 (12.0%) $218,346 (22.1%) 0.00 20
2021-11-01 $156,950 (13.2%) $201,693 (15.4%) 0.00 21
2021-12-01 $145,925 (-0.4%) $169,447 (-7.7%) 0.00 20
2022-01-01 $154,000 (14.9%) $188,535 (3.0%) 0.00 18
2022-02-01 $167,000 (24.7%) $186,622 (1.1%) 0.00 17
2022-03-01 $140,950 (5.8%) $173,487 (2.0%) 0.00 22
2022-04-01 $139,900 (11.0%) $167,497 (1.6%) 0.00 28
2022-05-01 $158,725 (26.0%) $192,918 (-1.9%) 0.00 41
2022-06-01 $166,500 (8.1%) $206,556 (-9.9%) 0.00 43
2022-07-01 $172,200 (36.7%) $214,617 (9.9%) 0.00 50
2022-08-01 $162,450 (17.3%) $203,943 (2.0%) 0.00 44
2022-09-01 $203,450 (49.1%) $230,399 (7.4%) 0.00 38
2022-10-01 $199,000 (28.8%) $249,059 (14.1%) 0.00 41
2022-11-01 $250,000 (59.3%) $265,612 (31.7%) 0.00 44
2022-12-01 $247,000 (69.3%) $269,893 (59.3%) 0.00 42
2023-01-01 $252,425 (63.9%) $271,321 (43.9%) 0.00 37
2023-02-01 $283,750 (69.9%) $284,001 (52.2%) 0.00 26
2023-03-01 $251,200 (78.2%) $287,826 (65.9%) 0.00 28
2023-04-01 $299,450 (114.1%) $313,644 (87.3%) 0.00 26
2023-05-01 $287,425 (81.1%) $305,792 (58.5%) 0.00 28
2023-06-01 $294,900 (77.1%) $324,970 (57.3%) 0.00 31
2023-07-01 $222,250 (29.1%) $272,961 (27.2%) 0.00 34
2023-08-01 $209,450 (28.9%) $267,998 (31.4%) 0.00 33
2023-09-01 $197,498 (-2.9%) $262,872 (14.1%) 0.00 28
2023-10-01 $175,975 (-11.6%) $253,889 (1.9%) 0.00 36
2023-11-01 $226,000 (-9.6%) $246,197 (-7.3%) 0.00 43
2023-12-01 $228,000 (-7.7%) $229,693 (-14.9%) 0.00 44
2024-01-01 $230,000 (-8.9%) $246,869 (-9.0%) 0.00 33
2024-02-01 $232,250 (-18.2%) $235,024 (-17.3%) 0.00 24
2024-03-01 $194,950 (-22.4%) $233,926 (-18.7%) 0.00 20
2024-04-01 $207,475 (-30.7%) $291,378 (-7.1%) 0.00 21
Beatrice's median listing price for 2024-04-01 was $207,475, a difference of $-91,975 (-30.7%) versus the prior year and $12,525 versus the prior month.

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

Beatrice's average listing price for 2024-04-01 was $291,378, a difference of $-22,266 (-7.1%) versus the prior year and $57,452 versus the prior month.

For the 2024-04-01 period, Beatrice had 21 MLS listings, a difference of 1 listings (5%) versus the prior month and -5 listings (-19%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Beatrice (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,537 sqft
2018-02-01 0 days 1,546 sqft
2018-03-01 0 days 1,553 sqft
2018-04-01 0 days 1,536 sqft
2018-05-01 0 days 1,530 sqft
2018-06-01 0 days 1,536 sqft
2018-07-01 0 days 1,602 sqft
2018-08-01 0 days 1,599 sqft
2018-09-01 0 days 1,536 sqft
2018-10-01 0 days 1,536 sqft
2018-11-01 0 days 1,574 sqft
2018-12-01 0 days 1,588 sqft
2019-01-01 0 days 1,602 sqft
2019-02-01 0 days 1,576 sqft
2019-03-01 0 days 1,559 sqft
2019-04-01 0 days 1,565 sqft
2019-05-01 0 days 1,591 sqft
2019-06-01 0 days 1,730 sqft
2019-07-01 0 days 1,656 sqft
2019-08-01 0 days 1,710 sqft
2019-09-01 0 days 1,790 sqft
2019-10-01 0 days 1,844 sqft
2019-11-01 0 days 1,640 sqft
2019-12-01 0 days 1,650 sqft
2020-01-01 0 days 1,674 sqft
2020-02-01 0 days 1,843 sqft
2020-03-01 0 days 1,825 sqft
2020-04-01 0 days 1,855 sqft
2020-05-01 0 days 1,730 sqft
2020-06-01 0 days 1,824 sqft
2020-07-01 0 days 1,568 sqft
2020-08-01 0 days 1,736 sqft
2020-09-01 0 days 1,762 sqft
2020-10-01 0 days 1,485 sqft
2020-11-01 0 days 1,466 sqft
2020-12-01 0 days 1,471 sqft
2021-01-01 0 days 1,464 sqft
2021-02-01 0 days 1,616 sqft
2021-03-01 0 days 1,537 sqft
2021-04-01 0 days 1,299 sqft
2021-05-01 0 days 1,461 sqft
2021-06-01 0 days 1,531 sqft
2021-07-01 0 days 1,491 sqft
2021-08-01 0 days 1,454 sqft
2021-09-01 0 days 1,474 sqft
2021-10-01 0 days 1,540 sqft
2021-11-01 0 days 1,540 sqft
2021-12-01 0 days 1,495 sqft
2022-01-01 0 days 1,496 sqft
2022-02-01 0 days 1,616 sqft
2022-03-01 0 days 1,275 sqft
2022-04-01 0 days 1,311 sqft
2022-05-01 0 days 1,358 sqft
2022-06-01 0 days 1,437 sqft
2022-07-01 0 days 1,540 sqft
2022-08-01 0 days 1,540 sqft
2022-09-01 0 days 1,562 sqft
2022-10-01 0 days 1,603 sqft
2022-11-01 0 days 1,726 sqft
2022-12-01 0 days 1,935 sqft
2023-01-01 0 days 1,704 sqft
2023-02-01 0 days 1,740 sqft
2023-03-01 0 days 1,824 sqft
2023-04-01 0 days 1,824 sqft
2023-05-01 0 days 1,902 sqft
2023-06-01 0 days 1,882 sqft
2023-07-01 0 days 1,852 sqft
2023-08-01 0 days 1,875 sqft
2023-09-01 0 days 1,792 sqft
2023-10-01 0 days 1,634 sqft
2023-11-01 0 days 1,656 sqft
2023-12-01 0 days 1,530 sqft
2024-01-01 0 days 1,657 sqft
2024-02-01 0 days 1,669 sqft
2024-03-01 0 days 1,506 sqft
2024-04-01 0 days 1,674 sqft
Beatrice's median listing age (time on market) for 2024-04-01 was 0 days.

Beatrice's median square footage for active listings during the 2024-04-01 period was 1,674 sqft. One year prior, the average listing was 1,824 sqft.

Beatrice, NE Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 248 $45,190,000 $182,218
Refi 41 $4,975,000 $121,341
Cash Out Refi 35 $5,575,000 $159,286
Other 29 $1,495,000 $51,552
Home Improvement 24 $1,120,000 $46,667

Beatrice's most frequently cited loan purpose was Home Purchase, with 248 originations. The 2nd most popular reason was Refi, with 41 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 131 $25,995,000 $198,435
7-8% 96 $13,510,000 $140,729
Over 8% 42 $2,470,000 $58,810
5-6% 39 $8,225,000 $210,897
<2.5% 15 $95,000 $6,333

During 2023, Beatrice's most frequently originated rate bucket was 6-7%, with 131 originations.

Loan Sizing (Beatrice, NE MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 154 $7,520,000 $48,831
$100k-200k 126 $18,910,000 $150,079
$200k-400k 75 $20,105,000 $268,067
$400k-600k 15 $7,305,000 $487,000
$600k-1000k 7 $4,515,000 $645,000

Beatrice's loan sizing saw the bucket of loans from $100,000 or less with 154 originations, totaling $7,520,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 146 $29,860,000 $204,521
60-80% 61 $11,965,000 $196,148
Under 20% 60 $2,110,000 $35,167
20-40% 35 $2,745,000 $78,429
40-60% 19 $3,485,000 $183,421
Over 100% 1 $125,000 $125,000

Beatrice's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 146 originations, totaling $29,860,000 in origination value.