Butte - Silver Bow Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Butte - Silver Bow averaged 7.32% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 7.2% and one month ago for the week of 2024-03-14, the average rate was 6.86%.

    Butte - Silver Bow's average rate one year ago was 6.39%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.5%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Butte - Silver Bow 30 Year Fixed Rate 2024-04-18 7.32%
    Butte - Silver Bow 30 Year Fixed Rate Refi 2024-04-18 7.5%
    Butte - Silver Bow 15 Year Fixed Rate 2024-04-18 6.29%
    Butte - Silver Bow 15 Year Fixed Rate Refi 2024-04-18 6.49%
    Butte - Silver Bow 30 Year FHA 2024-04-18 6.18%
    Butte - Silver Bow 30 Year FHA Refi 2024-04-18 6.66%
    Butte - Silver Bow 30 Year USDA 2024-04-18 7.06%
    Butte - Silver Bow 30 Year USDA Refi 2024-04-18 6.96%
    Butte - Silver Bow 30 Year VA 2024-04-18 6.56%
    Butte - Silver Bow 30 Year VA Refi 2024-04-18 6.96%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 44 6.82% $6,738
    Glacier Bank 20 6.79% $5,739
    QUICKEN LOANS, LLC 19 6.69% $7,596
    Opportunity Bank of Montana 13 6.92% $4,314
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 13 6.54% $6,210
    Ixonia Bank 12 7.21% $6,903
    UNITED WHOLESALE MORTGAGE, LLC 9 7.07% $12,228
    MANN FINANCIAL INC. 7 7.43% $6,768
    Prosperity Home Mortgage, LLC 6 7.00% $6,661
    Wells Fargo Bank 4 6.66% $4,412
    Flagstar Bank, FSB 4 7.09% $4,945
    U.S. Bank 4 6.78% $2,421
    Stockman Bank of Montana 3 6.04% $6,966
    HORIZON 3 7.79% $9,260
    USAA Federal Savings Bank 3 6.67% $8,141
    BROKER SOLUTIONS, INC. 2 7.31% $5,985
    CRESCENT MORTGAGE COMPANY 2 6.38% $6,613
    GUARANTEED RATE, INC. 2 6.68% $3,890
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.94% $6,354
    LAKEVIEW LOAN SERVICING, LLC 2 6.88% $8,150
    LOANDEPOT.COM, LLC 2 6.31% $7,505
    Paramount Residential Mortgage Group, Inc. 1 5.99% $6,258
    Plains Commerce Bank 1 6.75% $6,652
    PNC Bank 1 6.25% $3,102
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.13% $3,729
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.00% $3,219
    Sunflower Bank 1 7.75% $5,825
    The Huntington National Bank 1 7.75% $3,351
    TOWNE MORTGAGE COMPANY 1 7.88% $3,523
    AMERICAN INTERNET MORTGAGE, INC. 1 5.38% $7,065
    ACADEMY MORTGAGE CORPORATION 1 7.38% $5,458
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.38% $2,878
    CROSSCOUNTRY MORTGAGE, LLC 1 6.50% $14,426
    First Interstate Bank 1 7.50% $4,570
    Utah Power 1 5.00% $4,752
    CORNERSTONE HOME LENDING, INC. 1 6.88% $12,723
    GoPrime Mortgage, Inc. 1 7.88% $7,443
    CMG MORTGAGE, INC. 1 6.50% $12,782
    CARDINAL FINANCIAL 1 6.13% $8,585
    NBKC BANK 1 6.25% $6,074
    BMO Harris Bank 1 6.38% $2,463

    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. Louis
    Date 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
    Butte - Silver Bow's median listing price for 2024-03-01 was $299,413, a difference of $-47,337 (-13.7%) versus the prior year and $-5,712 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 2024-03-01 was $505,433, a difference of $-61,908 (-10.9%) versus the prior year and $-23,763 versus the prior month.

    For the 2024-03-01 period, Butte - Silver Bow had 106 MLS listings, a difference of 2 listings (2%) versus the prior month and 29 listings (38%) 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 1,688 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
    Butte - Silver Bow's median listing age (time on market) for 2024-03-01 was 0 days.

    Butte - Silver Bow's median square footage for active listings during the 2024-03-01 period was 1,404 sqft. One year prior, the average listing was 1,808 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.