Butte - Silver Bow Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Butte - Silver Bow averaged
7.21%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
7% and
one month ago for the week of 2023-08-17, the
average rate was 6.81%.
Butte - Silver Bow's average rate one year ago was 5.94%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.79%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Butte - Silver Bow 30 Year Fixed Rate | 2023-09-21 | 7.21% |
Butte - Silver Bow 30 Year Fixed Rate Refi | 2023-09-21 | 7.79% |
Butte - Silver Bow 15 Year Fixed Rate | 2023-09-21 | 6.74% |
Butte - Silver Bow 15 Year Fixed Rate Refi | 2023-09-21 | 6.54% |
Butte - Silver Bow 30 Year FHA | 2023-09-21 | 7.24% |
Butte - Silver Bow 30 Year FHA Refi | 2023-09-21 | 7.34% |
Butte - Silver Bow 30 Year USDA | 2023-09-21 | 7.12% |
Butte - Silver Bow 30 Year USDA Refi | 2023-09-21 | 7.02% |
Butte - Silver Bow 30 Year VA | 2023-09-21 | 6.72% |
Butte - Silver Bow 30 Year VA Refi | 2023-09-21 | 7.02% |
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 73 lenders originated 848
loans during 2022. The total origination value was $183,200,000, with an average loan value of
$216,038.
Butte - Silver Bow's average closing costs are $5,176.
The top Butte - Silver Bow lender as defined by loan originations is Opportunity Bank of Montana, with
42 loans originated. Their average total fees are
$4,971, which is $451
higher than the next largest lender,
Wells Fargo Bank.
The lowest fee Butte - Silver Bow lenders (with over 10 loans originated) are
Wells Fargo Bank ($4,520), Flagstar Bank, FSB ($4,951), Opportunity Bank of Montana ($4,971), MANN FINANCIAL INC. ($5,865) and Glacier Bank ($5,958).
The lowest rate Butte - Silver Bow lenders (with over 10 loans originated) are
Hometown Lenders, Inc. (4.42%), Wells Fargo Bank (4.47%), Glacier Bank (4.48%), LOANDEPOT.COM, LLC (4.62%) and Flagstar Bank, FSB (4.63%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
Glacier Bank | $28,220,000 | $19,310,000 | -31.6% | 10.5% |
Opportunity Bank of Montana | $24,720,000 | $18,920,000 | -23.5% | 10.3% |
QUICKEN LOANS, LLC | $37,905,000 | $16,420,000 | -56.7% | 9.0% |
Wells Fargo Bank | $50,290,000 | $14,490,000 | -71.2% | 7.9% |
GUILD MORTGAGE COMPANY | $3,255,000 | $9,255,000 | 184.3% | 5.1% |
Flagstar Bank, FSB | $7,625,000 | $7,550,000 | -1.0% | 4.1% |
Hometown Lenders, Inc. | $4,555,000 | $6,720,000 | 47.5% | 3.7% |
Stockman Bank of Montana | $5,350,000 | $4,960,000 | -7.3% | 2.7% |
MANN FINANCIAL INC. | $5,550,000 | $4,275,000 | -23.0% | 2.3% |
Mortgage Research Center, LLC | $5,620,000 | $4,115,000 | -26.8% | 2.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $7,995,000 | $3,910,000 | -51.1% | 2.1% |
Paramount Residential Mortgage Group, Inc. | $2,155,000 | $3,130,000 | 45.2% | 1.7% |
Ixonia Bank | $3,100,000 | n/a | 1.7% | |
UNITED WHOLESALE MORTGAGE, LLC | $3,235,000 | $2,790,000 | -13.8% | 1.5% |
U.S. Bank | $5,910,000 | $2,790,000 | -52.8% | 1.5% |
FREEDOM MORTGAGE CORPORATION | $4,890,000 | $2,705,000 | -44.7% | 1.5% |
First Interstate Bank | $6,135,000 | $2,560,000 | -58.3% | 1.4% |
LOANDEPOT.COM, LLC | $7,815,000 | $2,505,000 | -67.9% | 1.4% |
PENNYMAC LOAN SERVICES, LLC | $1,735,000 | $2,160,000 | 24.5% | 1.2% |
AMERISAVE MORTGAGE CORPORATION | $4,500,000 | $2,065,000 | -54.1% | 1.1% |
First Montana Bank, Inc. | $3,360,000 | $2,010,000 | -40.2% | 1.1% |
JPMorgan Chase Bank | $2,165,000 | $1,855,000 | -14.3% | 1.0% |
Flanagan State Bank | $805,000 | $1,750,000 | 117.4% | 1.0% |
GUARANTEED RATE, INC. | $305,000 | $1,745,000 | 472.1% | 1.0% |
HORIZON | $2,220,000 | $1,625,000 | -26.8% | 0.9% |
CRESCENT MORTGAGE COMPANY | $2,240,000 | $1,535,000 | -31.5% | 0.8% |
USAA Federal Savings Bank | $1,770,000 | $1,475,000 | -16.7% | 0.8% |
ENVOY MORTGAGE, LTD | $1,405,000 | n/a | 0.8% | |
CALIBER HOME LOANS, INC. | $1,855,000 | $1,340,000 | -27.8% | 0.7% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $885,000 | $1,320,000 | 49.2% | 0.7% |
Northwest Farm Credit Services, FLCA | $175,000 | $1,275,000 | 628.6% | 0.7% |
CORNERSTONE HOME LENDING, INC. | $635,000 | $1,205,000 | 89.8% | 0.7% |
NAVY FEDERAL CREDIT UNION | $2,155,000 | $1,080,000 | -49.9% | 0.6% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $2,290,000 | $1,070,000 | -53.3% | 0.6% |
Arvest Bank | $615,000 | $1,005,000 | 63.4% | 0.5% |
BROKER SOLUTIONS, INC. | $1,605,000 | $965,000 | -39.9% | 0.5% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $950,000 | n/a | 0.5% | |
LAKEVIEW LOAN SERVICING, LLC | $1,660,000 | $865,000 | -47.9% | 0.5% |
MOUNTAIN AMERICA | $835,000 | n/a | 0.5% | |
Wyndham Capital Mortgage, Inc. | $815,000 | n/a | 0.4% | |
Mr. Cooper ( Nationstar Mortgage ) | $2,615,000 | $805,000 | -69.2% | 0.4% |
MUTUAL OF OMAHA MORTGAGE, INC. | $790,000 | n/a | 0.4% | |
AMERICAN ADVISORS GROUP | $140,000 | $770,000 | 450.0% | 0.4% |
GoPrime Mortgage, Inc. | $250,000 | $700,000 | 180.0% | 0.4% |
Truist | $420,000 | $695,000 | 65.5% | 0.4% |
CMG MORTGAGE, INC. | $1,445,000 | $675,000 | -53.3% | 0.4% |
Morgan Stanley Private Bank | $675,000 | n/a | 0.4% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,055,000 | $665,000 | -37.0% | 0.4% |
FIRST COLONY MORTGAGE CORPORATION | $665,000 | n/a | 0.4% | |
HOME POINT FINANCIAL CORPORATION | $665,000 | n/a | 0.4% | |
BETTER MORTGAGE CORPORATION | $2,370,000 | $660,000 | -72.2% | 0.4% |
CANOPY MORTGAGE, LLC | $375,000 | $660,000 | 76.0% | 0.4% |
BNY Mellon | $585,000 | n/a | 0.3% | |
CROSSCOUNTRY MORTGAGE, LLC | $145,000 | $575,000 | 296.6% | 0.3% |
SOFI LENDING CORP. | $125,000 | $570,000 | 356.0% | 0.3% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $555,000 | n/a | 0.3% | |
First Savings Bank | $545,000 | n/a | 0.3% | |
PHH Mortgage Corporation | $365,000 | $530,000 | 45.2% | 0.3% |
UNIVERSAL LENDING CORPORATION | $1,230,000 | $520,000 | -57.7% | 0.3% |
FINANCE OF AMERICA MORTGAGE LLC | $1,360,000 | $490,000 | -64.0% | 0.3% |
NEW DAY FINANCIAL, LLC | $935,000 | $490,000 | -47.6% | 0.3% |
Nations Lending Corporation | $780,000 | $470,000 | -39.7% | 0.3% |
PNC Bank | $75,000 | $425,000 | 466.7% | 0.2% |
Equity Prime Mortgage LLC | $155,000 | $410,000 | 164.5% | 0.2% |
American Bank Center | $315,000 | $400,000 | 27.0% | 0.2% |
Barrington Bank & Trust Company, N.A. | $325,000 | $395,000 | 21.5% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $390,000 | $340,000 | -12.8% | 0.2% |
AMERICAN FINANCING CORPORATION | $1,000,000 | $325,000 | -67.5% | 0.2% |
The Bank of Commerce | $305,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $200,000 | $290,000 | 45.0% | 0.2% |
HOMESTEAD FUNDING CORP. | $285,000 | n/a | 0.2% | |
Discover Bank | $175,000 | $270,000 | 54.3% | 0.1% |
FUNDLOANS CAPITAL | $255,000 | n/a | 0.1% | |
CALCON MUTUAL MORTGAGE LLC | $75,000 | $245,000 | 226.7% | 0.1% |
Hometown Equity Mortgage, LLC | $245,000 | n/a | 0.1% | |
Semper Home Loans, Inc. | $235,000 | n/a | 0.1% | |
The Federal Savings Bank | $725,000 | $225,000 | -69.0% | 0.1% |
TIB The Independent Bankersbank | $1,415,000 | $225,000 | -84.1% | 0.1% |
HOMEXPRESS MORTGAGE CORP. | $215,000 | n/a | 0.1% | |
Plains Commerce Bank | $205,000 | $215,000 | 4.9% | 0.1% |
Texana Bank | $215,000 | n/a | 0.1% | |
VILLAGE CAPITAL MORTGAGE | $1,020,000 | $215,000 | -78.9% | 0.1% |
Ally Bank | $125,000 | $205,000 | 64.0% | 0.1% |
FINANCE OF AMERICA REVERSE LLC | $205,000 | n/a | 0.1% | |
KELLER MORTGAGE, LLC | $185,000 | $205,000 | 10.8% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $795,000 | $205,000 | -74.2% | 0.1% |
Rocky Mountain Bank | $205,000 | $205,000 | 0.0% | 0.1% |
UNITED MORTGAGE CORP. | $205,000 | n/a | 0.1% | |
Washington Trust Bank | $475,000 | $205,000 | -56.8% | 0.1% |
LIMA ONE CAPITAL, LLC | $170,000 | $200,000 | 17.6% | 0.1% |
EVERETT FINANCIAL, INC. | $185,000 | n/a | 0.1% | |
CHERRY CREEK MORTGAGE, LLC | $545,000 | $175,000 | -67.9% | 0.1% |
Mid-Continent Funding, Inc. | $165,000 | n/a | 0.1% | |
TrailWest Bank | $290,000 | $165,000 | -43.1% | 0.1% |
BOKF | $145,000 | n/a | 0.1% | |
ACADEMY MORTGAGE CORPORATION | $135,000 | n/a | 0.1% | |
SPRING EQ, LLC | $45,000 | $135,000 | 200.0% | 0.1% |
ZILLOW HOME LOANS, LLC | $125,000 | n/a | 0.1% | |
LENDINGONE, LLC | $310,000 | $105,000 | -66.1% | 0.1% |
LONGBRIDGE FINANCIAL, LLC | $85,000 | n/a | 0.0% | |
Umpqua Bank | $350,000 | $85,000 | -75.7% | 0.0% |
Figure Lending LLC | $25,000 | $75,000 | 200.0% | 0.0% |
KINECTA | $55,000 | n/a | 0.0% | |
Consolidated Federal Credit Union | $35,000 | n/a | 0.0% |
Butte - Silver Bow's top lender by overall market share is Glacier Bank, with 10.5% market share. In second place, with 10.3%, is Opportunity Bank of Montana, having originated $18,920,000 in loans. In third place, with 9.0%, is QUICKEN LOANS, LLC, having originated $16,420,000 in loans. In fourth place, with 7.9%, is Wells Fargo Bank, having originated $14,490,000 in loans. In fifth place, with 5.1%, is GUILD MORTGAGE COMPANY, having originated $9,255,000 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 | $173,750 (12.3%) | $242,961 (-4.5%) | 0.00 | 154 |
2018-02-01 | $169,475 (13.1%) | $243,688 (-1.7%) | 0.00 | 155 |
2018-03-01 | $181,000 (20.9%) | $261,614 (12.3%) | 0.00 | 133 |
2018-04-01 | $213,000 (42.0%) | $278,531 (25.3%) | 0.00 | 136 |
2018-05-01 | $208,000 (31.3%) | $259,046 (17.6%) | 0.00 | 140 |
2018-06-01 | $179,900 (9.0%) | $246,195 (12.7%) | 0.00 | 168 |
2018-07-01 | $177,875 (7.2%) | $234,914 (6.2%) | 0.00 | 169 |
2018-08-01 | $186,250 (17.1%) | $233,854 (10.2%) | 0.00 | 183 |
2018-09-01 | $167,500 (5.4%) | $229,956 (9.3%) | 0.00 | 191 |
2018-10-01 | $158,750 (-0.2%) | $218,577 (1.8%) | 0.00 | 175 |
2018-11-01 | $149,249 (-6.7%) | $200,463 (-11.5%) | 0.00 | 169 |
2018-12-01 | $154,900 (-7.3%) | $208,060 (-12.6%) | 0.00 | 147 |
2019-01-01 | $155,000 (-10.8%) | $211,686 (-12.9%) | 0.00 | 126 |
2019-02-01 | $152,000 (-10.3%) | $206,050 (-15.5%) | 0.00 | 124 |
2019-03-01 | $176,570 (-2.5%) | $214,436 (-18.0%) | 0.00 | 130 |
2019-04-01 | $206,250 (-3.2%) | $229,279 (-17.7%) | 0.00 | 135 |
2019-05-01 | $222,000 (6.7%) | $245,216 (-5.3%) | 0.00 | 142 |
2019-06-01 | $214,997 (19.5%) | $254,639 (3.4%) | 0.00 | 167 |
2019-07-01 | $204,749 (15.1%) | $246,071 (4.8%) | 0.00 | 177 |
2019-08-01 | $194,500 (4.4%) | $237,629 (1.6%) | 0.00 | 189 |
2019-09-01 | $187,750 (12.1%) | $233,737 (1.6%) | 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%) | $417,720 (51.9%) | 0.00 | 60 |
2021-07-01 | $237,000 (-0.8%) | $503,610 (91.5%) | 0.00 | 64 |
2021-08-01 | $249,000 (-2.2%) | $499,195 (90.1%) | 0.00 | 84 |
2021-09-01 | $285,000 (9.6%) | $524,467 (102.6%) | 0.00 | 95 |
2021-10-01 | $264,500 (10.7%) | $540,351 (102.4%) | 0.00 | 78 |
2021-11-01 | $270,500 (32.2%) | $535,116 (113.5%) | 0.00 | 74 |
2021-12-01 | $292,250 (49.1%) | $623,180 (162.1%) | 0.00 | 60 |
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 | $371,000 (64.9%) | $545,763 (22.1%) | 0.00 | 44 |
2022-06-01 | $277,250 (3.7%) | $465,434 (11.4%) | 0.00 | 59 |
2022-07-01 | $311,000 (31.2%) | $549,483 (9.1%) | 0.00 | 84 |
2022-08-01 | $349,450 (40.3%) | $548,988 (10.0%) | 0.00 | 107 |
2022-09-01 | $365,000 (28.1%) | $592,266 (12.9%) | 0.00 | 100 |
2022-10-01 | $348,500 (31.8%) | $609,672 (12.8%) | 0.00 | 88 |
2022-11-01 | $342,000 (26.4%) | $611,331 (14.2%) | 0.00 | 92 |
2022-12-01 | $340,000 (16.3%) | $618,928 (-0.7%) | 0.00 | 94 |
2023-01-01 | $342,500 (5.4%) | $626,354 (-10.3%) | 0.00 | 87 |
2023-02-01 | $340,000 (5.4%) | $530,847 (-1.2%) | 0.00 | 79 |
2023-03-01 | $349,000 (6.0%) | $565,517 (3.7%) | 0.00 | 78 |
2023-04-01 | $373,000 (13.4%) | $567,808 (3.0%) | 0.00 | 68 |
2023-05-01 | $356,000 (-4.0%) | $573,614 (5.1%) | 0.00 | 75 |
2023-06-01 | $351,250 (26.7%) | $574,147 (23.4%) | 0.00 | 90 |
2023-07-01 | $377,000 (21.2%) | $556,114 (1.2%) | 0.00 | 105 |
2023-08-01 | $354,000 (1.3%) | $512,842 (-6.6%) | 0.00 | 129 |
Butte - Silver Bow's median listing price comes in at 0% of the national average.
Butte - Silver Bow's average listing price for 2023-08-01 was $512,842, a difference of $-36,146 (-6.6%) versus the prior year and $-43,272 versus the prior month.
For the 2023-08-01 period, Butte - Silver Bow had 129 MLS listings, a difference of 24 listings (23%) versus the prior month and 22 listings (21%) 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 | 1,692 sqft |
2018-02-01 | 0 days | 1,705 sqft |
2018-03-01 | 0 days | 1,756 sqft |
2018-04-01 | 0 days | 1,806 sqft |
2018-05-01 | 0 days | 1,800 sqft |
2018-06-01 | 0 days | 1,800 sqft |
2018-07-01 | 0 days | 1,741 sqft |
2018-08-01 | 0 days | 1,894 sqft |
2018-09-01 | 0 days | 1,922 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 | 1,998 sqft |
2021-07-01 | 0 days | 1,824 sqft |
2021-08-01 | 0 days | 1,783 sqft |
2021-09-01 | 0 days | 2,004 sqft |
2021-10-01 | 0 days | 2,079 sqft |
2021-11-01 | 0 days | 2,099 sqft |
2021-12-01 | 0 days | 2,173 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 | 2,325 sqft |
2022-06-01 | 0 days | 1,816 sqft |
2022-07-01 | 0 days | 1,927 sqft |
2022-08-01 | 0 days | 1,920 sqft |
2022-09-01 | 0 days | 2,192 sqft |
2022-10-01 | 0 days | 2,112 sqft |
2022-11-01 | 0 days | 2,010 sqft |
2022-12-01 | 0 days | 2,016 sqft |
2023-01-01 | 0 days | 1,963 sqft |
2023-02-01 | 0 days | 1,877 sqft |
2023-03-01 | 0 days | 1,791 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 |
Butte - Silver Bow's median square footage for active listings during the 2023-08-01 period was 1,740 sqft. One year prior, the average listing was 1,920 sqft.
Butte-Silver Bow, MT Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 447 | $114,305,000 | $255,716 |
Cash Out Refi | 206 | $41,290,000 | $200,437 |
Refi | 77 | $15,745,000 | $204,481 |
Home Improvement | 59 | $5,485,000 | $92,966 |
Other | 59 | $6,375,000 | $108,051 |
Butte - Silver Bow's most frequently cited loan purpose was Home Purchase, with 447 originations. The 2nd most popular reason was Cash Out Refi, with 206 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 236 | $51,320,000 | $217,458 |
4-5% | 185 | $42,735,000 | $231,000 |
3-4% | 180 | $44,790,000 | $248,833 |
6-7% | 88 | $18,110,000 | $205,795 |
2.5-3% | 82 | $14,460,000 | $176,341 |
7-8% | 38 | $6,800,000 | $178,947 |
Over 8% | 14 | $1,250,000 | $89,286 |
<2.5% | 9 | $1,235,000 | $137,222 |
During 2022, Butte - Silver Bow's most frequently originated rate bucket was 5-6%, with 236 originations.
Loan Sizing (Butte-Silver Bow, MT MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 326 | $87,460,000 | $268,282 |
$100k-200k | 298 | $44,400,000 | $148,993 |
$100,000 or less | 147 | $8,055,000 | $54,796 |
$400k-600k | 59 | $27,275,000 | $462,288 |
$600k-1000k | 12 | $8,350,000 | $695,833 |
$Over $1MM | 6 | $7,660,000 | $1,276,667 |
Butte - Silver Bow's loan sizing saw the bucket of loans from $200k-400k with 326 originations, totaling $87,460,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 286 | $78,640,000 | $274,965 |
60-80% | 253 | $60,095,000 | $237,530 |
40-60% | 125 | $24,695,000 | $197,560 |
20-40% | 96 | $12,670,000 | $131,979 |
Under 20% | 68 | $2,410,000 | $35,441 |
Over 100% | 5 | $1,845,000 | $369,000 |
Butte - Silver Bow's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 286 originations, totaling $78,640,000 in origination value.