Blackfoot Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Blackfoot averaged
6.91%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.54% and
one month ago for the week of 2025-05-15, the
average rate was 6.61%.
Blackfoot's average rate one year ago was 6.95%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.21%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Blackfoot 30 Year Fixed Rate | 2025-06-18 | 6.91% |
| Blackfoot 30 Year Fixed Rate Refi | 2025-06-18 | 7.21% |
| Blackfoot 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Blackfoot 15 Year Fixed Rate Refi | 2025-06-18 | 6.26% |
| Blackfoot 30 Year FHA | 2025-06-18 | -0.16% |
| Blackfoot 30 Year FHA Refi | 2025-06-18 | 0.2% |
| Blackfoot 30 Year USDA | 2025-06-18 | 0% |
| Blackfoot 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Blackfoot 30 Year VA | 2025-06-18 | -0.1% |
| Blackfoot 30 Year VA Refi | 2025-06-18 | -0.1% |
Blackfoot 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 Blackfoot, ID 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.).
Blackfoot Average Closing Costs & Other Stats
Blackfoot, ID's 53 lenders originated 999
loans during 2024. The total origination value was $233,755,000, with an average loan value of
$233,989.
Blackfoot's average closing costs are $6,647.
The top Blackfoot lender as defined by loan originations is QUICKEN LOANS, LLC, with
43 loans originated. Their average total fees are
$7,991, which is $811
higher than the next largest lender,
IDAHO CENTRAL.
The lowest fee Blackfoot lenders (with over 10 loans originated) are
IDAHO CENTRAL ($7,179), Glacier Bank ($7,187), Eagle Bank and Trust Company ($7,662), QUICKEN LOANS, LLC ($7,991) and HIGHLANDS RESIDENTIAL MORTGAGE, LTD. ($8,553).
The lowest rate Blackfoot lenders (with over 10 loans originated) are
Glacier Bank (6.49%), CANOPY MORTGAGE, LLC (6.51%), IDAHO CENTRAL (6.55%), HIGHLANDS RESIDENTIAL MORTGAGE, LTD. (6.63%) and Eagle Bank and Trust Company (6.66%).
Blackfoot, ID 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| IDAHO CENTRAL | $37,230,000 | $40,660,000 | 9.2% | 17.4% |
| QUICKEN LOANS, LLC | $11,610,000 | $16,860,000 | 45.2% | 7.2% |
| Eagle Bank and Trust Company | $11,395,000 | $15,090,000 | 32.4% | 6.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $10,150,000 | $14,200,000 | 39.9% | 6.1% |
| CANOPY MORTGAGE, LLC | $11,765,000 | $11,680,000 | -0.7% | 5.0% |
| Glacier Bank | $7,535,000 | $7,735,000 | 2.7% | 3.3% |
| MOUNTAIN AMERICA | $7,380,000 | $7,325,000 | -0.7% | 3.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $3,820,000 | $6,015,000 | 57.5% | 2.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,455,000 | $5,630,000 | 129.3% | 2.4% |
| FIRST COLONY MORTGAGE CORPORATION | $4,880,000 | $5,355,000 | 9.7% | 2.3% |
| WESTMARK Credit Union | $5,260,000 | $5,085,000 | -3.3% | 2.2% |
| The Bank of Commerce | $3,595,000 | $4,445,000 | 23.6% | 1.9% |
| Zions Bank | $5,920,000 | $4,390,000 | -25.8% | 1.9% |
| FREEDOM MORTGAGE CORPORATION | $1,460,000 | $4,270,000 | 192.5% | 1.8% |
| VAN DYK MORTGAGE CORPORATION | $3,025,000 | $4,145,000 | 37.0% | 1.8% |
| Mortgage Research Center, LLC | $1,315,000 | $3,860,000 | 193.5% | 1.7% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $3,400,000 | $3,645,000 | 7.2% | 1.6% |
| GUILD MORTGAGE COMPANY | $2,685,000 | $3,490,000 | 30.0% | 1.5% |
| U.S. Bank | $2,845,000 | $3,350,000 | 17.8% | 1.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $7,355,000 | $3,115,000 | -57.6% | 1.3% |
| Bank of Idaho | $315,000 | $2,870,000 | 811.1% | 1.2% |
| PENNYMAC LOAN SERVICES, LLC | $1,685,000 | $2,845,000 | 68.8% | 1.2% |
| Farmers Bank & Trust | $2,805,000 | n/a | 1.2% | |
| KeyBank | $2,440,000 | $2,715,000 | 11.3% | 1.2% |
| BELEM SERVICING LLC | $2,725,000 | $2,670,000 | -2.0% | 1.1% |
| BROKER SOLUTIONS, INC. | $475,000 | $2,315,000 | 387.4% | 1.0% |
| Gateway First Bank | $2,015,000 | $2,275,000 | 12.9% | 1.0% |
| S1L, Inc. | $1,215,000 | $2,135,000 | 75.7% | 0.9% |
| LOANDEPOT.COM, LLC | $1,735,000 | $2,100,000 | 21.0% | 0.9% |
| SUMMIT FUNDING, INC. | $1,620,000 | $1,850,000 | 14.2% | 0.8% |
| NEWREZ LLC | $320,000 | $1,655,000 | 417.2% | 0.7% |
| BEEHIVE | $2,645,000 | $1,605,000 | -39.3% | 0.7% |
| D. L. Evans Bank | $1,635,000 | $1,595,000 | -2.4% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $1,010,000 | $1,345,000 | 33.2% | 0.6% |
| CMG MORTGAGE, INC. | $1,405,000 | $1,335,000 | -5.0% | 0.6% |
| Century Mortgage Company DBA Century Lending Company | $175,000 | $1,245,000 | 611.4% | 0.5% |
| CONNECTIONS | $1,260,000 | $1,230,000 | -2.4% | 0.5% |
| Northwest Farm Credit Services, FLCA | $1,085,000 | n/a | 0.5% | |
| VILLAGE CAPITAL MORTGAGE | $995,000 | n/a | 0.4% | |
| MOVEMENT MORTGAGE, LLC | $855,000 | $975,000 | 14.0% | 0.4% |
| MY MOVE MORTGAGE, LLC | $955,000 | n/a | 0.4% | |
| Barrington Bank & Trust Company, N.A. | $945,000 | n/a | 0.4% | |
| AMERICAN FINANCING CORPORATION | $740,000 | $930,000 | 25.7% | 0.4% |
| ALLIANT CREDIT UNION | $925,000 | n/a | 0.4% | |
| CHURCHILL MORTGAGE CORPORATION | $1,005,000 | $915,000 | -9.0% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $360,000 | $870,000 | 141.7% | 0.4% |
| LOANPAL, LLC | $510,000 | $860,000 | 68.6% | 0.4% |
| The Huntington National Bank | $855,000 | n/a | 0.4% | |
| AMERICA FIRST | $1,070,000 | $850,000 | -20.6% | 0.4% |
| INTERCAP LENDING INC. | $235,000 | $790,000 | 236.2% | 0.3% |
| EAST IDAHO Credit Union | $3,435,000 | $765,000 | -77.7% | 0.3% |
| Flagstar Bank, FSB | $1,875,000 | $735,000 | -60.8% | 0.3% |
| IDAHO STATE UNIVERSITY | $505,000 | $660,000 | 30.7% | 0.3% |
| NBKC BANK | $975,000 | $655,000 | -32.8% | 0.3% |
| ADVANTAGE PLUS | $1,300,000 | $615,000 | -52.7% | 0.3% |
| LONGBRIDGE FINANCIAL, LLC | $215,000 | $585,000 | 172.1% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $355,000 | $580,000 | 63.4% | 0.2% |
| 21ST MORTGAGE CORPORATION | $440,000 | $550,000 | 25.0% | 0.2% |
| Magnolia Bank | $380,000 | $550,000 | 44.7% | 0.2% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $535,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $655,000 | $535,000 | -18.3% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $935,000 | $520,000 | -44.4% | 0.2% |
| Washington Federal Bank | $505,000 | n/a | 0.2% | |
| Plains Commerce Bank | $495,000 | n/a | 0.2% | |
| FINANCE OF AMERICA REVERSE LLC | $75,000 | $440,000 | 486.7% | 0.2% |
| VERITAS FUNDING, LLC | $1,265,000 | $430,000 | -66.0% | 0.2% |
| Chickasaw Community Bank | $425,000 | n/a | 0.2% | |
| GOLDENWEST | $415,000 | n/a | 0.2% | |
| JPMorgan Chase Bank | $415,000 | n/a | 0.2% | |
| LADERA LENDING, INC. | $115,000 | $395,000 | 243.5% | 0.2% |
| PREMIA MORTGAGE, LLC | $225,000 | $395,000 | 75.6% | 0.2% |
| Figure Lending LLC | $245,000 | $385,000 | 57.1% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $1,075,000 | $355,000 | -67.0% | 0.2% |
| DEEPHAVEN MORTGAGE LLC | $345,000 | n/a | 0.1% | |
| RESIDENTIAL BANCORP | $345,000 | n/a | 0.1% | |
| ENVOY MORTGAGE, LTD | $335,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $315,000 | n/a | 0.1% | |
| Toyota Financial Savings Bank | $305,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $205,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $205,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $115,000 | $195,000 | 69.6% | 0.1% |
| Summit Mortgage Corporation | $195,000 | n/a | 0.1% | |
| Bank of America | $185,000 | n/a | 0.1% | |
| Rails West Federal Credit Union | $525,000 | $170,000 | -67.6% | 0.1% |
| The Loan Store, Inc. | $160,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $345,000 | $135,000 | -60.9% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $125,000 | n/a | 0.1% | |
| POLARIS HOME FUNDING CORP. | $125,000 | n/a | 0.1% | |
| GEORGIA'S OWN | $120,000 | n/a | 0.1% | |
| Discover Bank | $775,000 | $115,000 | -85.2% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $35,000 | $85,000 | 142.9% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $175,000 | $65,000 | -62.9% | 0.0% |
| BETTER MORTGAGE CORPORATION | $55,000 | n/a | 0.0% | |
| CASTLE & COOKE MORTGAGE, LLC | $55,000 | n/a | 0.0% | |
| First Federal Savings Bank of Twin Falls | $45,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $45,000 | n/a | 0.0% | |
| Boeing Employees Credit Union | $35,000 | n/a | 0.0% |
Blackfoot's top lender by overall market share is IDAHO CENTRAL, with 17.4% market share. In second place, with 7.2%, is QUICKEN LOANS, LLC, having originated $16,860,000 in loans. In third place, with 6.5%, is Eagle Bank and Trust Company, having originated $15,090,000 in loans. In fourth place, with 6.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $14,200,000 in loans. In fifth place, with 5.0%, is CANOPY MORTGAGE, LLC, having originated $11,680,000 in loans.
Blackfoot, ID Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 447 | $135,295,000 | $302,673 |
| Cash Out Refi | 197 | $42,175,000 | $214,086 |
| Home Improvement | 159 | $15,285,000 | $96,132 |
| Refi | 110 | $31,450,000 | $285,909 |
| Other | 86 | $9,550,000 | $111,047 |
Blackfoot's most frequently cited loan purpose was Home Purchase, with 447 originations. The 2nd most popular reason was Cash Out Refi, with 197 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 372 | $109,220,000 | $293,602 |
| Over 8% | 245 | $23,325,000 | $95,204 |
| 7-8% | 169 | $36,375,000 | $215,237 |
| 5-6% | 166 | $51,240,000 | $308,675 |
| 4-5% | 10 | $4,100,000 | $410,000 |
| <2.5% | 3 | $625,000 | $208,333 |
| 2.5-3% | 2 | $480,000 | $240,000 |
| 3-4% | 1 | $195,000 | $195,000 |
During 2024, Blackfoot's most frequently originated rate bucket was 6-7%, with 372 originations.
Loan Sizing (Blackfoot, ID MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 376 | $107,850,000 | $286,835 |
| $100,000 or less | 274 | $13,570,000 | $49,526 |
| $100k-200k | 195 | $29,645,000 | $152,026 |
| $400k-600k | 122 | $57,550,000 | $471,721 |
| $600k-1000k | 29 | $20,035,000 | $690,862 |
| $Over $1MM | 3 | $5,105,000 | $1,701,667 |
Blackfoot's loan sizing saw the bucket of loans from $200k-400k with 376 originations, totaling $107,850,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 307 | $109,565,000 | $356,889 |
| Under 20% | 213 | $9,795,000 | $45,986 |
| 60-80% | 164 | $51,990,000 | $317,012 |
| 20-40% | 150 | $20,110,000 | $134,067 |
| 40-60% | 107 | $24,335,000 | $227,430 |
| Over 100% | 8 | $3,060,000 | $382,500 |
Blackfoot's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 307 originations, totaling $109,565,000 in origination value.