Butte - Silver Bow Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Butte - Silver Bow averaged
6.24%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.24% and
one month ago for the week of 2024-09-05, the
average rate was 6.67%.
Butte - Silver Bow's average rate one year ago was 7.81%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.52%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Butte - Silver Bow 30 Year Fixed Rate | 2024-10-10 | 6.24% |
Butte - Silver Bow 30 Year Fixed Rate Refi | 2024-10-10 | 6.52% |
Butte - Silver Bow 15 Year Fixed Rate | 2024-10-10 | 5.51% |
Butte - Silver Bow 15 Year Fixed Rate Refi | 2024-10-10 | 5.41% |
Butte - Silver Bow 30 Year FHA | 2024-10-10 | 5.53% |
Butte - Silver Bow 30 Year FHA Refi | 2024-10-10 | 6.1% |
Butte - Silver Bow 30 Year USDA | 2024-10-10 | 6.08% |
Butte - Silver Bow 30 Year USDA Refi | 2024-10-10 | 5.98% |
Butte - Silver Bow 30 Year VA | 2024-10-10 | 5.85% |
Butte - Silver Bow 30 Year VA Refi | 2024-10-10 | 5.95% |
Butte - Silver Bow 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 Butte-Silver Bow, MT 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.).
Butte - Silver Bow Average Closing Costs & Other Stats
Butte-Silver Bow, MT's 41 lenders originated 584
loans during 2023. The total origination value was $119,130,000, with an average loan value of
$203,990.
Butte - Silver Bow's average closing costs are $5,489.
The top Butte - Silver Bow lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
44 loans originated. Their average total fees are
$6,738, which is $998
higher than the next largest lender,
Glacier Bank.
The lowest fee Butte - Silver Bow lenders (with over 10 loans originated) are
Opportunity Bank of Montana ($4,314), Glacier Bank ($5,739), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,210), GUILD MORTGAGE COMPANY ($6,738) and Ixonia Bank ($6,903).
The lowest rate Butte - Silver Bow lenders (with over 10 loans originated) are
FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.54%), QUICKEN LOANS, LLC (6.69%), Glacier Bank (6.79%), GUILD MORTGAGE COMPANY (6.82%) and Opportunity Bank of Montana (6.92%).
Butte-Silver Bow, MT 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 |
---|---|---|---|---|
GUILD MORTGAGE COMPANY | $9,255,000 | $21,300,000 | 130.1% | 17.9% |
QUICKEN LOANS, LLC | $16,420,000 | $10,860,000 | -33.9% | 9.1% |
Glacier Bank | $19,310,000 | $10,480,000 | -45.7% | 8.8% |
Opportunity Bank of Montana | $18,920,000 | $7,690,000 | -59.4% | 6.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,910,000 | $6,335,000 | 62.0% | 5.3% |
UNITED WHOLESALE MORTGAGE, LLC | $2,790,000 | $5,935,000 | 112.7% | 5.0% |
Ixonia Bank | $3,100,000 | $4,400,000 | 41.9% | 3.7% |
Prosperity Home Mortgage, LLC | $4,050,000 | n/a | 3.4% | |
MANN FINANCIAL INC. | $4,275,000 | $3,590,000 | -16.0% | 3.0% |
Stockman Bank of Montana | $4,960,000 | $3,030,000 | -38.9% | 2.5% |
Mortgage Research Center, LLC | $4,115,000 | $2,900,000 | -29.5% | 2.4% |
Flagstar Bank, FSB | $7,550,000 | $2,355,000 | -68.8% | 2.0% |
First Montana Bank, Inc. | $2,010,000 | $2,260,000 | 12.4% | 1.9% |
HORIZON | $1,625,000 | $1,860,000 | 14.5% | 1.6% |
U.S. Bank | $2,790,000 | $1,460,000 | -47.7% | 1.2% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $1,070,000 | $1,305,000 | 22.0% | 1.1% |
USAA Federal Savings Bank | $1,475,000 | $1,140,000 | -22.7% | 1.0% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,320,000 | $1,020,000 | -22.7% | 0.9% |
CRESCENT MORTGAGE COMPANY | $1,535,000 | $930,000 | -39.4% | 0.8% |
Wells Fargo Bank | $14,490,000 | $930,000 | -93.6% | 0.8% |
NAVY FEDERAL CREDIT UNION | $1,080,000 | $900,000 | -16.7% | 0.8% |
LAKEVIEW LOAN SERVICING, LLC | $865,000 | $895,000 | 3.5% | 0.8% |
MUTUAL OF OMAHA MORTGAGE, INC. | $790,000 | $880,000 | 11.4% | 0.7% |
FREEDOM MORTGAGE CORPORATION | $2,705,000 | $860,000 | -68.2% | 0.7% |
LOANDEPOT.COM, LLC | $2,505,000 | $850,000 | -66.1% | 0.7% |
GUARANTEED RATE, INC. | $1,745,000 | $805,000 | -53.9% | 0.7% |
FINANCE OF AMERICA REVERSE LLC | $205,000 | $760,000 | 270.7% | 0.6% |
Plains Commerce Bank | $215,000 | $745,000 | 246.5% | 0.6% |
Commerce Home Mortgage, Inc. | $740,000 | n/a | 0.6% | |
CROSSCOUNTRY MORTGAGE, LLC | $575,000 | $740,000 | 28.7% | 0.6% |
CHURCHILL MORTGAGE CORPORATION | $670,000 | n/a | 0.6% | |
BROKER SOLUTIONS, INC. | $965,000 | $660,000 | -31.6% | 0.6% |
CORNERSTONE HOME LENDING, INC. | $1,205,000 | $630,000 | -47.7% | 0.5% |
CMG MORTGAGE, INC. | $675,000 | $605,000 | -10.4% | 0.5% |
AMERISAVE MORTGAGE CORPORATION | $2,065,000 | $520,000 | -74.8% | 0.4% |
First Interstate Bank | $2,560,000 | $505,000 | -80.3% | 0.4% |
RELIANCE FIRST CAPITAL, LLC | $205,000 | $500,000 | 143.9% | 0.4% |
The Huntington National Bank | $475,000 | n/a | 0.4% | |
CARDINAL FINANCIAL | $665,000 | $460,000 | -30.8% | 0.4% |
SUMMIT FUNDING, INC. | $425,000 | n/a | 0.4% | |
CALCON MUTUAL MORTGAGE LLC | $245,000 | $400,000 | 63.3% | 0.3% |
TrailWest Bank | $165,000 | $400,000 | 142.4% | 0.3% |
FIRST ALLIANCE HOME MORTGAGE, LLC | $395,000 | n/a | 0.3% | |
Mr. Cooper ( Nationstar Mortgage ) | $805,000 | $370,000 | -54.0% | 0.3% |
BMO Harris Bank | $355,000 | n/a | 0.3% | |
Paramount Residential Mortgage Group, Inc. | $3,130,000 | $340,000 | -89.1% | 0.3% |
NBKC BANK | $335,000 | n/a | 0.3% | |
Sunflower Bank | $305,000 | n/a | 0.3% | |
The Federal Savings Bank | $225,000 | $285,000 | 26.7% | 0.2% |
AMCAP MORTGAGE, LTD. | $260,000 | n/a | 0.2% | |
Platinum Home Mortgage Corporation | $255,000 | n/a | 0.2% | |
Chickasaw Community Bank | $245,000 | n/a | 0.2% | |
Discover Bank | $270,000 | $245,000 | -9.3% | 0.2% |
Flanagan State Bank | $1,750,000 | $235,000 | -86.6% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $340,000 | $235,000 | -30.9% | 0.2% |
ACADEMY MORTGAGE CORPORATION | $135,000 | $225,000 | 66.7% | 0.2% |
GoPrime Mortgage, Inc. | $700,000 | $215,000 | -69.3% | 0.2% |
LONGBRIDGE FINANCIAL, LLC | $85,000 | $215,000 | 152.9% | 0.2% |
Century Mortgage Company DBA Century Lending Company | $205,000 | n/a | 0.2% | |
VELOCITY COMMERCIAL CAPITAL, LLC | $205,000 | n/a | 0.2% | |
American Bank Center | $400,000 | $195,000 | -51.3% | 0.2% |
CHERRY CREEK MORTGAGE, LLC | $175,000 | $195,000 | 11.4% | 0.2% |
PNC Bank | $425,000 | $195,000 | -54.1% | 0.2% |
Bank of America | $185,000 | n/a | 0.2% | |
TOWNE MORTGAGE COMPANY | $185,000 | n/a | 0.2% | |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $175,000 | n/a | 0.1% | |
DRAPER AND KRAMER MORTGAGE CORP. | $175,000 | n/a | 0.1% | |
Utah Power | $175,000 | n/a | 0.1% | |
Figure Lending LLC | $75,000 | $165,000 | 120.0% | 0.1% |
NEW DAY FINANCIAL, LLC | $490,000 | $165,000 | -66.3% | 0.1% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $155,000 | n/a | 0.1% | |
AMERICAN INTERNET MORTGAGE, INC. | $135,000 | n/a | 0.1% | |
Carrington Mortgage Services, LLC | $290,000 | $135,000 | -53.4% | 0.1% |
DEEPHAVEN MORTGAGE LLC | $125,000 | n/a | 0.1% | |
PENNYMAC LOAN SERVICES, LLC | $2,160,000 | $125,000 | -94.2% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $950,000 | $105,000 | -88.9% | 0.1% |
Citizens Alliance Bank | $55,000 | n/a | 0.0% | |
State Department Federal Credit Union | $15,000 | n/a | 0.0% |
Butte - Silver Bow's top lender by overall market share is GUILD MORTGAGE COMPANY, with 17.9% market share. In second place, with 9.1%, is QUICKEN LOANS, LLC, having originated $10,860,000 in loans. In third place, with 8.8%, is Glacier Bank, having originated $10,480,000 in loans. In fourth place, with 6.5%, is Opportunity Bank of Montana, having originated $7,690,000 in loans. In fifth place, with 5.3%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $6,335,000 in loans.
Butte - Silver Bow Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Butte - Silver Bow (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 | $172,500 (12.6%) | $237,090 (-5.0%) | 0.00 | 153 |
2018-02-01 | $168,450 (12.4%) | $237,919 (-2.2%) | 0.00 | 154 |
2018-03-01 | $177,000 (18.5%) | $255,013 (11.6%) | 0.00 | 132 |
2018-04-01 | $201,000 (34.0%) | $272,088 (22.4%) | 0.00 | 135 |
2018-05-01 | $207,000 (30.6%) | $252,644 (14.7%) | 0.00 | 139 |
2018-06-01 | $179,450 (8.8%) | $240,826 (11.2%) | 0.00 | 167 |
2018-07-01 | $176,875 (7.2%) | $229,590 (5.7%) | 0.00 | 168 |
2018-08-01 | $183,750 (15.8%) | $228,846 (9.7%) | 0.00 | 182 |
2018-09-01 | $166,250 (4.6%) | $225,278 (9.0%) | 0.00 | 190 |
2018-10-01 | $158,750 (0.2%) | $218,577 (3.8%) | 0.00 | 175 |
2018-11-01 | $149,249 (-6.6%) | $200,463 (-9.5%) | 0.00 | 169 |
2018-12-01 | $154,900 (-6.7%) | $208,060 (-10.5%) | 0.00 | 147 |
2019-01-01 | $155,000 (-10.1%) | $211,686 (-10.7%) | 0.00 | 126 |
2019-02-01 | $152,000 (-9.8%) | $206,050 (-13.4%) | 0.00 | 124 |
2019-03-01 | $176,570 (-0.2%) | $214,436 (-15.9%) | 0.00 | 130 |
2019-04-01 | $206,250 (2.6%) | $229,279 (-15.7%) | 0.00 | 135 |
2019-05-01 | $222,000 (7.3%) | $245,216 (-2.9%) | 0.00 | 142 |
2019-06-01 | $214,997 (19.8%) | $254,639 (5.7%) | 0.00 | 167 |
2019-07-01 | $204,749 (15.8%) | $246,071 (7.2%) | 0.00 | 177 |
2019-08-01 | $194,500 (5.9%) | $237,629 (3.8%) | 0.00 | 189 |
2019-09-01 | $187,750 (12.9%) | $233,737 (3.8%) | 0.00 | 180 |
2019-10-01 | $180,000 (13.4%) | $229,493 (5.0%) | 0.00 | 174 |
2019-11-01 | $172,000 (15.2%) | $230,304 (14.9%) | 0.00 | 153 |
2019-12-01 | $189,600 (22.4%) | $237,162 (14.0%) | 0.00 | 136 |
2020-01-01 | $183,850 (18.6%) | $236,338 (11.7%) | 0.00 | 125 |
2020-02-01 | $192,500 (26.6%) | $250,340 (21.5%) | 0.00 | 113 |
2020-03-01 | $198,375 (12.4%) | $263,210 (22.8%) | 0.00 | 111 |
2020-04-01 | $221,850 (7.6%) | $263,412 (14.9%) | 0.00 | 110 |
2020-05-01 | $255,000 (14.9%) | $268,611 (9.5%) | 0.00 | 120 |
2020-06-01 | $232,000 (7.9%) | $275,044 (8.0%) | 0.00 | 114 |
2020-07-01 | $239,000 (16.7%) | $262,964 (6.9%) | 0.00 | 107 |
2020-08-01 | $254,500 (30.9%) | $262,669 (10.5%) | 0.00 | 109 |
2020-09-01 | $260,000 (38.5%) | $258,887 (10.8%) | 0.00 | 99 |
2020-10-01 | $239,000 (32.8%) | $266,941 (16.3%) | 0.00 | 97 |
2020-11-01 | $204,663 (19.0%) | $250,605 (8.8%) | 0.00 | 103 |
2020-12-01 | $196,000 (3.4%) | $237,751 (0.3%) | 0.00 | 88 |
2021-01-01 | $175,000 (-4.8%) | $229,673 (-2.8%) | 0.00 | 62 |
2021-02-01 | $190,500 (-1.0%) | $230,045 (-8.1%) | 0.00 | 47 |
2021-03-01 | $190,250 (-4.1%) | $375,625 (42.7%) | 0.00 | 29 |
2021-04-01 | $193,750 (-12.7%) | $484,634 (84.0%) | 0.00 | 39 |
2021-05-01 | $225,000 (-11.8%) | $446,884 (66.4%) | 0.00 | 45 |
2021-06-01 | $267,475 (15.3%) | $420,189 (52.8%) | 0.00 | 59 |
2021-07-01 | $239,000 (0.0%) | $507,000 (92.8%) | 0.00 | 63 |
2021-08-01 | $249,000 (-2.2%) | $501,995 (91.1%) | 0.00 | 83 |
2021-09-01 | $291,750 (12.2%) | $527,482 (103.8%) | 0.00 | 94 |
2021-10-01 | $269,000 (12.6%) | $543,773 (103.7%) | 0.00 | 77 |
2021-11-01 | $277,250 (35.5%) | $539,343 (115.2%) | 0.00 | 73 |
2021-12-01 | $296,750 (51.4%) | $625,927 (163.3%) | 0.00 | 59 |
2022-01-01 | $325,000 (85.7%) | $697,997 (203.9%) | 0.00 | 44 |
2022-02-01 | $322,500 (69.3%) | $537,453 (133.6%) | 0.00 | 46 |
2022-03-01 | $329,250 (73.1%) | $545,574 (45.2%) | 0.00 | 50 |
2022-04-01 | $329,000 (69.8%) | $551,479 (13.8%) | 0.00 | 45 |
2022-05-01 | $375,000 (66.7%) | $597,976 (33.8%) | 0.00 | 45 |
2022-06-01 | $280,750 (5.0%) | $485,354 (15.5%) | 0.00 | 60 |
2022-07-01 | $311,000 (30.1%) | $550,776 (8.6%) | 0.00 | 84 |
2022-08-01 | $347,225 (39.5%) | $550,100 (9.6%) | 0.00 | 106 |
2022-09-01 | $360,000 (23.4%) | $593,973 (12.6%) | 0.00 | 99 |
2022-10-01 | $348,000 (29.4%) | $611,743 (12.5%) | 0.00 | 87 |
2022-11-01 | $340,250 (22.7%) | $613,256 (13.7%) | 0.00 | 91 |
2022-12-01 | $339,950 (14.6%) | $621,009 (-0.8%) | 0.00 | 93 |
2023-01-01 | $339,500 (4.5%) | $628,611 (-9.9%) | 0.00 | 86 |
2023-02-01 | $337,500 (4.7%) | $532,297 (-1.0%) | 0.00 | 78 |
2023-03-01 | $346,750 (5.3%) | $567,341 (4.0%) | 0.00 | 77 |
2023-04-01 | $373,000 (13.4%) | $567,808 (3.0%) | 0.00 | 68 |
2023-05-01 | $356,000 (-5.1%) | $573,614 (-4.1%) | 0.00 | 75 |
2023-06-01 | $351,250 (25.1%) | $574,147 (18.3%) | 0.00 | 90 |
2023-07-01 | $377,000 (21.2%) | $556,114 (1.0%) | 0.00 | 105 |
2023-08-01 | $354,000 (2.0%) | $512,842 (-6.8%) | 0.00 | 129 |
2023-09-01 | $344,500 (-4.3%) | $504,696 (-15.0%) | 0.00 | 126 |
2023-10-01 | $326,000 (-6.3%) | $493,474 (-19.3%) | 0.00 | 137 |
2023-11-01 | $324,250 (-4.7%) | $498,228 (-18.8%) | 0.00 | 136 |
2023-12-01 | $325,000 (-4.4%) | $500,220 (-19.5%) | 0.00 | 123 |
2024-01-01 | $320,000 (-5.7%) | $531,304 (-15.5%) | 0.00 | 111 |
2024-02-01 | $305,125 (-9.6%) | $529,196 (-0.6%) | 0.00 | 104 |
2024-03-01 | $299,413 (-13.7%) | $505,433 (-10.9%) | 0.00 | 106 |
2024-04-01 | $332,500 (-10.9%) | $524,784 (-7.6%) | 0.00 | 119 |
2024-05-01 | $340,063 (-4.5%) | $531,725 (-7.3%) | 0.00 | 141 |
2024-06-01 | $350,000 (-0.4%) | $523,037 (-8.9%) | 0.00 | 178 |
2024-07-01 | $344,531 (-8.6%) | $518,762 (-6.7%) | 0.00 | 189 |
2024-08-01 | $342,563 (-3.2%) | $513,801 (0.2%) | 0.00 | 199 |
2024-09-01 | $351,000 (1.9%) | $491,073 (-2.7%) | 0.00 | 195 |
Butte - Silver Bow's median listing price comes in at 0% of the national average.
Butte - Silver Bow's average listing price for 2024-09-01 was $491,073, a difference of $-13,623 (-2.7%) versus the prior year and $-22,728 versus the prior month.
For the 2024-09-01 period, Butte - Silver Bow had 195 MLS listings, a difference of -4 listings (-2%) versus the prior month and 69 listings (55%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Butte - Silver Bow (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,688 sqft |
2018-02-01 | 0 days | 1,702 sqft |
2018-03-01 | 0 days | 1,756 sqft |
2018-04-01 | 0 days | 1,820 sqft |
2018-05-01 | 0 days | 1,800 sqft |
2018-06-01 | 0 days | 1,800 sqft |
2018-07-01 | 0 days | 1,757 sqft |
2018-08-01 | 0 days | 1,902 sqft |
2018-09-01 | 0 days | 1,924 sqft |
2018-10-01 | 0 days | 1,767 sqft |
2018-11-01 | 0 days | 1,644 sqft |
2018-12-01 | 0 days | 1,680 sqft |
2019-01-01 | 0 days | 1,713 sqft |
2019-02-01 | 0 days | 1,705 sqft |
2019-03-01 | 0 days | 1,744 sqft |
2019-04-01 | 0 days | 1,774 sqft |
2019-05-01 | 0 days | 1,925 sqft |
2019-06-01 | 0 days | 1,990 sqft |
2019-07-01 | 0 days | 1,814 sqft |
2019-08-01 | 0 days | 1,892 sqft |
2019-09-01 | 0 days | 1,908 sqft |
2019-10-01 | 0 days | 1,893 sqft |
2019-11-01 | 0 days | 1,789 sqft |
2019-12-01 | 0 days | 1,741 sqft |
2020-01-01 | 0 days | 1,693 sqft |
2020-02-01 | 0 days | 1,656 sqft |
2020-03-01 | 0 days | 1,680 sqft |
2020-04-01 | 0 days | 1,696 sqft |
2020-05-01 | 0 days | 1,874 sqft |
2020-06-01 | 0 days | 1,914 sqft |
2020-07-01 | 0 days | 1,411 sqft |
2020-08-01 | 0 days | 1,298 sqft |
2020-09-01 | 0 days | 1,298 sqft |
2020-10-01 | 0 days | 1,298 sqft |
2020-11-01 | 0 days | 1,482 sqft |
2020-12-01 | 0 days | 1,520 sqft |
2021-01-01 | 0 days | 1,468 sqft |
2021-02-01 | 0 days | 1,655 sqft |
2021-03-01 | 0 days | 1,675 sqft |
2021-04-01 | 0 days | 1,767 sqft |
2021-05-01 | 0 days | 2,112 sqft |
2021-06-01 | 0 days | 2,016 sqft |
2021-07-01 | 0 days | 1,828 sqft |
2021-08-01 | 0 days | 1,795 sqft |
2021-09-01 | 0 days | 2,016 sqft |
2021-10-01 | 0 days | 2,081 sqft |
2021-11-01 | 0 days | 2,109 sqft |
2021-12-01 | 0 days | 2,210 sqft |
2022-01-01 | 0 days | 2,195 sqft |
2022-02-01 | 0 days | 2,166 sqft |
2022-03-01 | 0 days | 2,184 sqft |
2022-04-01 | 0 days | 2,213 sqft |
2022-05-01 | 0 days | 2,352 sqft |
2022-06-01 | 0 days | 1,832 sqft |
2022-07-01 | 0 days | 1,934 sqft |
2022-08-01 | 0 days | 1,920 sqft |
2022-09-01 | 0 days | 2,219 sqft |
2022-10-01 | 0 days | 2,129 sqft |
2022-11-01 | 0 days | 2,016 sqft |
2022-12-01 | 0 days | 2,048 sqft |
2023-01-01 | 0 days | 1,989 sqft |
2023-02-01 | 0 days | 1,889 sqft |
2023-03-01 | 0 days | 1,808 sqft |
2023-04-01 | 0 days | 1,875 sqft |
2023-05-01 | 0 days | 1,787 sqft |
2023-06-01 | 0 days | 1,771 sqft |
2023-07-01 | 0 days | 1,824 sqft |
2023-08-01 | 0 days | 1,740 sqft |
2023-09-01 | 0 days | 1,792 sqft |
2023-10-01 | 0 days | 1,753 sqft |
2023-11-01 | 0 days | 1,713 sqft |
2023-12-01 | 0 days | 1,764 sqft |
2024-01-01 | 0 days | 1,616 sqft |
2024-02-01 | 0 days | 1,529 sqft |
2024-03-01 | 0 days | 1,404 sqft |
2024-04-01 | 0 days | 1,679 sqft |
2024-05-01 | 0 days | 1,739 sqft |
2024-06-01 | 0 days | 1,910 sqft |
2024-07-01 | 0 days | 1,825 sqft |
2024-08-01 | 0 days | 1,809 sqft |
2024-09-01 | 0 days | 1,878 sqft |
Butte - Silver Bow's median square footage for active listings during the 2024-09-01 period was 1,878 sqft. One year prior, the average listing was 1,792 sqft.
Butte-Silver Bow, MT Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 346 | $86,670,000 | $250,491 |
Cash Out Refi | 102 | $20,050,000 | $196,569 |
Other | 49 | $3,925,000 | $80,102 |
Home Improvement | 48 | $3,130,000 | $65,208 |
Refi | 39 | $5,355,000 | $137,308 |
Butte - Silver Bow's most frequently cited loan purpose was Home Purchase, with 346 originations. The 2nd most popular reason was Cash Out Refi, with 102 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 181 | $45,005,000 | $248,646 |
5-6% | 137 | $28,925,000 | $211,131 |
7-8% | 125 | $29,105,000 | $232,840 |
Over 8% | 94 | $9,690,000 | $103,085 |
4-5% | 9 | $1,175,000 | $130,556 |
<2.5% | 6 | $80,000 | $13,333 |
3-4% | 3 | $385,000 | $128,333 |
2.5-3% | 1 | $25,000 | $25,000 |
During 2023, Butte - Silver Bow's most frequently originated rate bucket was 6-7%, with 181 originations.
Loan Sizing (Butte-Silver Bow, MT MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 223 | $60,645,000 | $271,951 |
$100k-200k | 173 | $25,435,000 | $147,023 |
$100,000 or less | 141 | $6,445,000 | $45,709 |
$400k-600k | 38 | $17,920,000 | $471,579 |
$600k-1000k | 7 | $4,685,000 | $669,286 |
$Over $1MM | 2 | $4,000,000 | $2,000,000 |
Butte - Silver Bow's loan sizing saw the bucket of loans from $200k-400k with 223 originations, totaling $60,645,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 211 | $57,645,000 | $273,199 |
60-80% | 137 | $35,345,000 | $257,993 |
Under 20% | 81 | $2,735,000 | $33,765 |
20-40% | 62 | $6,720,000 | $108,387 |
40-60% | 55 | $9,195,000 | $167,182 |
Over 100% | 9 | $2,645,000 | $293,889 |
Butte - Silver Bow's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 211 originations, totaling $57,645,000 in origination value.