Blytheville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Blytheville averaged
6.87%
for the week of 2024-07-18, compared to the national average of
6.77% for the same period.
The average rate for the prior week (2024-07-11) was
6.99% and
one month ago for the week of 2024-06-13, the
average rate was 6.75%.
Blytheville's average rate one year ago was 6.96%.
For refis of the same type during the week of 2024-07-18, the average rate
was 7.27%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-07-18 | 6.77% |
Blytheville 30 Year Fixed Rate | 2024-07-18 | 6.87% |
Blytheville 30 Year Fixed Rate Refi | 2024-07-18 | 7.27% |
Blytheville 15 Year Fixed Rate | 2024-07-18 | 6.05% |
Blytheville 15 Year Fixed Rate Refi | 2024-07-18 | 6.05% |
Blytheville 30 Year FHA | 2024-07-18 | 6.43% |
Blytheville 30 Year FHA Refi | 2024-07-18 | 6.69% |
Blytheville 30 Year USDA | 2024-07-18 | 6.53% |
Blytheville 30 Year USDA Refi | 2024-07-18 | 6.63% |
Blytheville 30 Year VA | 2024-07-18 | 6.2% |
Blytheville 30 Year VA Refi | 2024-07-18 | 6.1% |
Blytheville 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 Blytheville, AR 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 |
---|---|---|---|
EVERETT FINANCIAL, INC. | 17 | 7.02% | $6,670 |
QUICKEN LOANS, LLC | 6 | 6.71% | $6,141 |
FirstTrust Home Loans, Inc. | 4 | 6.78% | $5,259 |
Arvest Bank | 4 | 6.69% | $3,624 |
Regions Bank | 3 | 6.79% | $3,669 |
First Community Bank | 3 | 6.54% | $5,306 |
Citizens Bank | 2 | 6.75% | $4,667 |
U.S. Bank | 2 | 7.00% | $2,124 |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | 2 | 6.63% | $4,161 |
Renasant Bank | 1 | 6.25% | $3,850 |
Simmons Bank | 1 | 7.00% | $4,385 |
Southern Bank | 1 | 7.50% | $2,006 |
SUCCESS Federal Credit Union | 1 | 5.60% | $2,892 |
The Bank of Missouri | 1 | 6.75% | $2,839 |
UNITED WHOLESALE MORTGAGE, LLC | 1 | 7.63% | $4,877 |
ZILLOW HOME LOANS, LLC | 1 | 7.63% | $4,079 |
BancorpSouth | 1 | 7.50% | $1,356 |
Bank of America | 1 | 5.88% | $638 |
Centennial Bank | 1 | 6.63% | $1,797 |
FIRST COMMUNITY MORTGAGE, INC. | 1 | 7.13% | $3,822 |
LOANDEPOT.COM, LLC | 1 | 6.63% | $5,740 |
Nations Lending Corporation | 1 | 7.75% | $3,007 |
PHH Mortgage Corporation | 1 | 6.63% | $7,263 |
PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 6.99% | $2,380 |
Blytheville Average Closing Costs & Other Stats
Blytheville, AR's 24 lenders originated 391
loans during 2023. The total origination value was $52,615,000, with an average loan value of
$134,565.
Blytheville's average closing costs are $4,225.
The top Blytheville lender as defined by loan originations is EVERETT FINANCIAL, INC., with
17 loans originated. Their average total fees are
$6,670, which is $529
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Blytheville lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. ($6,670), .
The lowest rate Blytheville lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. (7.02%), .
Blytheville, AR 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 |
---|---|---|---|---|
EVERETT FINANCIAL, INC. | $17,265,000 | $19,165,000 | 11.0% | 36.4% |
QUICKEN LOANS, LLC | $7,120,000 | $4,060,000 | -43.0% | 7.7% |
Southern Bancorp Bank | $4,925,000 | $2,480,000 | -49.6% | 4.7% |
Cross County Bank | $1,915,000 | n/a | 3.6% | |
DAS Acquisition Company, LLC | $2,530,000 | $1,590,000 | -37.2% | 3.0% |
Mortgage Research Center, LLC | $1,255,000 | $1,580,000 | 25.9% | 3.0% |
The Bank of Missouri | $2,355,000 | $1,285,000 | -45.4% | 2.4% |
FirstTrust Home Loans, Inc. | $1,555,000 | $1,145,000 | -26.4% | 2.2% |
Regions Bank | $1,425,000 | $1,110,000 | -22.1% | 2.1% |
SENTE MORTGAGE, INC. | $1,065,000 | n/a | 2.0% | |
Arvest Bank | $1,265,000 | $1,055,000 | -16.6% | 2.0% |
SUCCESS Federal Credit Union | $455,000 | $940,000 | 106.6% | 1.8% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $945,000 | $770,000 | -18.5% | 1.5% |
First Community Bank | $1,110,000 | $760,000 | -31.5% | 1.4% |
Simmons Bank | $2,230,000 | $640,000 | -71.3% | 1.2% |
Citizens Bank | $55,000 | $625,000 | 1,036.4% | 1.2% |
Midwest Mortgage Associates Corporation | $595,000 | n/a | 1.1% | |
Evolve Bank & Trust | $640,000 | $550,000 | -14.1% | 1.0% |
NEWREZ LLC | $510,000 | n/a | 1.0% | |
UNITED WHOLESALE MORTGAGE, LLC | $940,000 | $470,000 | -50.0% | 0.9% |
LOANDEPOT.COM, LLC | $945,000 | $445,000 | -52.9% | 0.8% |
MID AMERICA MORTGAGE, INC. | $305,000 | $385,000 | 26.2% | 0.7% |
CROSSCOUNTRY MORTGAGE, LLC | $380,000 | n/a | 0.7% | |
BancorpSouth | $1,185,000 | $350,000 | -70.5% | 0.7% |
Unico Bank | $220,000 | $340,000 | 54.5% | 0.6% |
Bank of England | $310,000 | n/a | 0.6% | |
Logan Finance Corporation | $390,000 | $305,000 | -21.8% | 0.6% |
PENTAGON FEDERAL CREDIT UNION | $365,000 | $300,000 | -17.8% | 0.6% |
First National Bank of Eastern Arkansas | $515,000 | $295,000 | -42.7% | 0.6% |
Mr. Cooper ( Nationstar Mortgage ) | $525,000 | $290,000 | -44.8% | 0.6% |
Flanagan State Bank | $265,000 | n/a | 0.5% | |
Centennial Bank | $45,000 | $260,000 | 477.8% | 0.5% |
TRIAD FINANCIAL SERVICES, INC. | $255,000 | n/a | 0.5% | |
Sierra Pacific Mortgage Company, Inc. | $195,000 | $245,000 | 25.6% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $520,000 | $215,000 | -58.7% | 0.4% |
PHH Mortgage Corporation | $205,000 | n/a | 0.4% | |
MORTGAGE INVESTORS GROUP, INC. | $65,000 | $195,000 | 200.0% | 0.4% |
Bank of America | $170,000 | $190,000 | 11.8% | 0.4% |
ROYAL UNITED MORTGAGE LLC | $265,000 | $185,000 | -30.2% | 0.4% |
Southern Bank | $2,085,000 | $180,000 | -91.4% | 0.3% |
BARTLETT MORTGAGE, INC. | $175,000 | n/a | 0.3% | |
Flagstar Bank, FSB | $115,000 | $175,000 | 52.2% | 0.3% |
GUILD MORTGAGE COMPANY | $315,000 | $175,000 | -44.4% | 0.3% |
Nations Lending Corporation | $265,000 | $175,000 | -34.0% | 0.3% |
WILLOW BEND MORTGAGE COMPANY, LLC | $155,000 | $175,000 | 12.9% | 0.3% |
RELIANCE FIRST CAPITAL, LLC | $65,000 | $165,000 | 153.8% | 0.3% |
U.S. Bank | $95,000 | $160,000 | 68.4% | 0.3% |
AMERISAVE MORTGAGE CORPORATION | $725,000 | $155,000 | -78.6% | 0.3% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $45,000 | $145,000 | 222.2% | 0.3% |
FIRST COMMUNITY MORTGAGE, INC. | $45,000 | $135,000 | 200.0% | 0.3% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $380,000 | $135,000 | -64.5% | 0.3% |
Renasant Bank | $135,000 | n/a | 0.3% | |
ENCORE BANK | $130,000 | n/a | 0.2% | |
First Financial Bank | $330,000 | $125,000 | -62.1% | 0.2% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $410,000 | $125,000 | -69.5% | 0.2% |
AMERICAN FINANCIAL RESOURCES, INC. | $115,000 | n/a | 0.2% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $115,000 | n/a | 0.2% | |
First State Bank | $115,000 | n/a | 0.2% | |
LIBERTY HOME MORTGAGE CORPORATION | $115,000 | n/a | 0.2% | |
Eagle Bank and Trust Company | $705,000 | $105,000 | -85.1% | 0.2% |
SOUTHWEST STAGE FUNDING, LLC | $105,000 | n/a | 0.2% | |
FNBC Bank | $105,000 | $100,000 | -4.8% | 0.2% |
ACADEMY MORTGAGE CORPORATION | $610,000 | $95,000 | -84.4% | 0.2% |
Plains Commerce Bank | $95,000 | n/a | 0.2% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $95,000 | n/a | 0.2% | |
BROKER SOLUTIONS, INC. | $800,000 | $90,000 | -88.8% | 0.2% |
Carrington Mortgage Services, LLC | $380,000 | $90,000 | -76.3% | 0.2% |
Barrington Bank & Trust Company, N.A. | $75,000 | $85,000 | 13.3% | 0.2% |
CARDINAL FINANCIAL | $625,000 | $85,000 | -86.4% | 0.2% |
Focus Bank | $485,000 | $75,000 | -84.5% | 0.1% |
TOP FLITE FINANCIAL, INC. | $155,000 | $65,000 | -58.1% | 0.1% |
CREDIT HUMAN FEDERAL CREDIT UNION | $55,000 | n/a | 0.1% | |
Discover Bank | $35,000 | $55,000 | 57.1% | 0.1% |
Figure Lending LLC | $45,000 | $55,000 | 22.2% | 0.1% |
PENNYMAC LOAN SERVICES, LLC | $410,000 | $55,000 | -86.6% | 0.1% |
ZILLOW HOME LOANS, LLC | $55,000 | n/a | 0.1% | |
ATLANTA POSTAL | $45,000 | n/a | 0.1% | |
ARKANSAS Federal Credit Union | $120,000 | $15,000 | -87.5% | 0.0% |
Blytheville's top lender by overall market share is EVERETT FINANCIAL, INC., with 36.4% market share. In second place, with 7.7%, is QUICKEN LOANS, LLC, having originated $4,060,000 in loans. In third place, with 4.7%, is Southern Bancorp Bank, having originated $2,480,000 in loans. In fourth place, with 3.6%, is Cross County Bank, having originated $1,915,000 in loans. In fifth place, with 3.0%, is DAS Acquisition Company, LLC, having originated $1,590,000 in loans.
Blytheville, AR Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 275 | $40,265,000 | $146,418 |
Refi | 45 | $5,505,000 | $122,333 |
Cash Out Refi | 41 | $5,385,000 | $131,341 |
Home Improvement | 21 | $1,105,000 | $52,619 |
Other | 9 | $355,000 | $39,444 |
Blytheville's most frequently cited loan purpose was Home Purchase, with 275 originations. The 2nd most popular reason was Refi, with 45 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 181 | $25,365,000 | $140,138 |
7-8% | 108 | $16,450,000 | $152,315 |
Over 8% | 46 | $3,210,000 | $69,783 |
5-6% | 24 | $3,330,000 | $138,750 |
4-5% | 5 | $635,000 | $127,000 |
<2.5% | 1 | $285,000 | $285,000 |
During 2023, Blytheville's most frequently originated rate bucket was 6-7%, with 181 originations.
Loan Sizing (Blytheville, AR MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 168 | $8,720,000 | $51,905 |
$100k-200k | 145 | $21,055,000 | $145,207 |
$200k-400k | 73 | $19,245,000 | $263,630 |
$400k-600k | 2 | $830,000 | $415,000 |
$600k-1000k | 2 | $1,520,000 | $760,000 |
$Over $1MM | 1 | $1,245,000 | $1,245,000 |
Blytheville's loan sizing saw the bucket of loans from $100,000 or less with 168 originations, totaling $8,720,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 220 | $35,420,000 | $161,000 |
60-80% | 57 | $8,115,000 | $142,368 |
Under 20% | 37 | $485,000 | $13,108 |
20-40% | 28 | $2,320,000 | $82,857 |
40-60% | 19 | $2,175,000 | $114,474 |
Over 100% | 4 | $760,000 | $190,000 |
Blytheville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 220 originations, totaling $35,420,000 in origination value.