Butte - Silver Bow Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Butte - Silver Bow averaged 6.7% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

    The average rate for the prior week (2023-03-16) was 7.08% and one month ago for the week of 2023-02-16, the average rate was 6.5%.

    Butte - Silver Bow's average rate one year ago was 4.18%.

    For refis of the same type during the week of 2023-03-23, the average rate was 6.56%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-23 6.42%
    Butte - Silver Bow 30 Year Fixed Rate 2023-03-23 6.7%
    Butte - Silver Bow 30 Year Fixed Rate Refi 2023-03-23 6.56%
    Butte - Silver Bow 15 Year Fixed Rate 2023-03-23 6.87%
    Butte - Silver Bow 15 Year Fixed Rate Refi 2023-03-23 6.6%
    Butte - Silver Bow 30 Year FHA 2023-03-23 6.01%
    Butte - Silver Bow 30 Year FHA Refi 2023-03-23 5.78%
    Butte - Silver Bow 30 Year USDA 2023-03-23 5.87%
    Butte - Silver Bow 30 Year USDA Refi 2023-03-23 6.12%
    Butte - Silver Bow 30 Year VA 2023-03-23 6.32%
    Butte - Silver Bow 30 Year VA Refi 2023-03-23 6.02%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Butte-Silver Bow, MT.

    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.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Opportunity Bank of Montana 42 4.88% $4,971
    Wells Fargo Bank 39 4.47% $4,520
    QUICKEN LOANS, LLC 36 5.15% $7,583
    GUILD MORTGAGE COMPANY 27 5.86% $6,508
    Flagstar Bank, FSB 26 4.63% $4,951
    Glacier Bank 25 4.48% $5,958
    Stockman Bank of Montana 12 4.78% $6,358
    LOANDEPOT.COM, LLC 11 4.62% $6,897
    MANN FINANCIAL INC. 10 4.86% $5,865
    Hometown Lenders, Inc. 10 4.42% $7,498
    UNITED WHOLESALE MORTGAGE, LLC 8 5.85% $3,783
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 4.39% $6,580
    First Interstate Bank 6 5.58% $5,536
    PRIMELENDING, A PLAINSCAPITAL COMPANY 6 6.63% $5,882
    Ixonia Bank 5 6.27% $8,522
    AMERISAVE MORTGAGE CORPORATION 5 3.60% $12,326
    Paramount Residential Mortgage Group, Inc. 5 6.68% $5,797
    U.S. Bank 5 3.70% $2,793
    AMERICAN PACIFIC MORTGAGE CORPORATION 4 5.22% $4,531
    PENNYMAC LOAN SERVICES, LLC 4 5.12% $6,132
    Flanagan State Bank 3 6.04% $4,441
    CORNERSTONE HOME LENDING, INC. 3 5.38% $6,929
    GoPrime Mortgage, Inc. 3 5.38% $7,102
    NAVY FEDERAL CREDIT UNION 3 4.04% $3,037
    CRESCENT MORTGAGE COMPANY 3 4.04% $6,664
    FIRST COLONY MORTGAGE CORPORATION 3 7.21% $9,313
    GUARANTEED RATE, INC. 3 4.93% $5,616
    CALIBER HOME LOANS, INC. 3 5.66% $3,770
    JPMorgan Chase Bank 3 3.63% $5,289
    HORIZON 2 4.69% $3,964
    HOME POINT FINANCIAL CORPORATION 2 5.31% $4,145
    Arvest Bank 2 5.44% $10,081
    LAKEVIEW LOAN SERVICING, LLC 2 4.31% $7,283
    Truist 2 4.29% $5,066
    Wyndham Capital Mortgage, Inc. 2 4.25% $7,605
    SOFI LENDING CORP. 2 4.69% $2,330
    MOUNTAIN AMERICA 2 6.06% $10,050
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.06% $5,574
    ZILLOW HOME LOANS, LLC 1 5.50% $4,248
    Ally Bank 1 5.25% $4,006
    AMERICAN FINANCING CORPORATION 1 5.63% $9,258
    Barrington Bank & Trust Company, N.A. 1 4.88% $5,827
    BETTER MORTGAGE CORPORATION 1 3.75% $1,805
    BNY Mellon 1 4.00% $3,304
    BOKF 1 7.50% $4,923
    CALCON MUTUAL MORTGAGE LLC 1 4.25% $6,623
    CANOPY MORTGAGE, LLC 1 2.99% $4,248
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.13% $1,205
    Carrington Mortgage Services, LLC 1 4.88% $4,957
    CHERRY CREEK MORTGAGE, LLC 1 5.75% $4,081
    CMG MORTGAGE, INC. 1 5.25% $5,961
    CROSSCOUNTRY MORTGAGE, LLC 1 5.50% $5,879
    ENVOY MORTGAGE, LTD 1 3.63% $7,421
    FINANCE OF AMERICA MORTGAGE LLC 1 4.38% $9,540
    First Savings Bank 1 3.25% $6,444
    FREEDOM MORTGAGE CORPORATION 1 5.00% $2,165
    FUNDLOANS CAPITAL 1 9.99% $12,207
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.38% $8,336
    KELLER MORTGAGE, LLC 1 4.75% $4,170
    Morgan Stanley Private Bank 1 2.90% $3,187
    Mortgage Research Center, LLC 1 2.99% $1,763
    Mr. Cooper ( Nationstar Mortgage ) 1 4.99% $5,148
    Nations Lending Corporation 1 3.50% $11,621
    PHH Mortgage Corporation 1 4.75% $13,703
    Semper Home Loans, Inc. 1 4.00% $4,449
    Texana Bank 1 3.25% $4,281
    TIB The Independent Bankersbank 1 3.75% $7,057
    Umpqua Bank 1 6.63% $5,615
    UNIVERSAL LENDING CORPORATION 1 5.13% $7,595
    USAA Federal Savings Bank 1 6.13% $2,334
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 3.38% $3,902
    Washington Trust Bank 1 4.88% $4,446
    ACADEMY MORTGAGE CORPORATION 1 6.00% $4,214

    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. Louis
    Date 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%) $275,088 (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
    Butte - Silver Bow's median listing price for 2023-02-01 was $340,000, a difference of $17,500 (5.4%) versus the prior year and $-2,500 versus the prior month.

    Butte - Silver Bow's median listing price comes in at 0% of the national average.

    Butte - Silver Bow's average listing price for 2023-02-01 was $530,847, a difference of $-6,606 (-1.2%) versus the prior year and $-95,507 versus the prior month.

    For the 2023-02-01 period, Butte - Silver Bow had 79 MLS listings, a difference of -8 listings (-9%) versus the prior month and 33 listings (72%) 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. Louis
    Date 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 1,916 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
    Butte - Silver Bow's median listing age (time on market) for 2023-02-01 was 0 days.

    Butte - Silver Bow's median square footage for active listings during the 2023-02-01 period was 1,877 sqft. One year prior, the average listing was 2,166 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.