Columbus Mortgage Rates
30 Year Fixed Rate mortgages in Columbus averaged
5.96%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
5.63% and
one month ago for the week of 2022-05-19, the
average rate was 5.1%.
Columbus's average rate one year ago was 3.2%.
For refis of the same type during the week of 2022-06-23, the average rate
was 6.14%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
Columbus 30 Year Fixed Rate | 2022-06-23 | 5.96% |
Columbus 30 Year Fixed Rate Refi | 2022-06-23 | 6.14% |
Columbus 15 Year Fixed Rate | 2022-06-23 | 4.96% |
Columbus 15 Year Fixed Rate Refi | 2022-06-23 | 5.14% |
Columbus 30 Year FHA | 2022-06-23 | -0.07% |
Columbus 30 Year FHA Refi | 2022-06-23 | -0.17% |
Columbus 30 Year USDA | 2022-06-23 | -0.36% |
Columbus 30 Year USDA Refi | 2022-06-23 | 0.69% |
Columbus 30 Year VA | 2022-06-23 | 0.37% |
Columbus 30 Year VA Refi | 2022-06-23 | -0.08% |
Columbus Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Columbus, NE 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.).
Columbus, NE's 53 lenders originated 1,140
loans during 2021. The total origination value was $204,590,000, with an average loan value of
$179,465.
The top Columbus lender as defined by loan originations is Pinnacle Bank, with
78 loans originated. Their average total fees are
$2,394, which is $101
lower than the next largest lender,
CHARTER WEST BANK.
The lowest fee Columbus lenders (with over 10 loans originated) are
U.S. Bank ($2,059), West Gate Bank ($2,067), First Nebraska Bank ($2,167), Pinnacle Bank ($2,394) and Wells Fargo Bank ($2,420).
The lowest rate Columbus lenders (with over 10 loans originated) are
Pinnacle Bank (2.93%), CHARTER WEST BANK (2.96%), First Nebraska Bank (3.00%), Plains Commerce Bank (3.06%) and First National Bank of Omaha (3.10%).
Columbus, NE Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
Pinnacle Bank | $42,950,000 | $41,120,000 | -4.3% | 20.1% |
CHARTER WEST BANK | $27,715,000 | $27,025,000 | -2.5% | 13.2% |
Plains Commerce Bank | $14,575,000 | $19,630,000 | 34.7% | 9.6% |
U.S. Bank | $16,615,000 | $19,545,000 | 17.6% | 9.6% |
First National Bank of Omaha | $15,670,000 | $13,655,000 | -12.9% | 6.7% |
QUICKEN LOANS, LLC | $10,680,000 | $12,545,000 | 17.5% | 6.1% |
West Gate Bank | $10,430,000 | $12,305,000 | 18.0% | 6.0% |
First Nebraska Bank | $20,275,000 | $8,090,000 | -60.1% | 4.0% |
FREEDOM MORTGAGE CORPORATION | $4,160,000 | $4,395,000 | 5.6% | 2.1% |
Wells Fargo Bank | $1,515,000 | $3,660,000 | 141.6% | 1.8% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,825,000 | $2,635,000 | -6.7% | 1.3% |
Great Western Bank | $1,320,000 | $2,150,000 | 62.9% | 1.1% |
Mortgage Research Center, LLC | $900,000 | $1,995,000 | 121.7% | 1.0% |
MORIA DEVELOPMENT, INC. | $145,000 | $1,770,000 | 1,120.7% | 0.9% |
Bank of the West | $1,700,000 | $1,755,000 | 3.2% | 0.9% |
LOANDEPOT.COM, LLC | $2,225,000 | $1,730,000 | -22.2% | 0.8% |
BankFirst | $2,160,000 | $1,570,000 | -27.3% | 0.8% |
Frontier Bank | $2,170,000 | $1,505,000 | -30.6% | 0.7% |
Farm Credit Mid-America, ACA | $2,190,000 | $1,345,000 | -38.6% | 0.7% |
Adams Bank & Trust | $95,000 | $1,275,000 | 1,242.1% | 0.6% |
PENNYMAC LOAN SERVICES, LLC | $340,000 | $1,255,000 | 269.1% | 0.6% |
Arbor Bank | $280,000 | $1,235,000 | 341.1% | 0.6% |
Union Bank and Trust Company | $450,000 | $1,045,000 | 132.2% | 0.5% |
Bank of America | $195,000 | $965,000 | 394.9% | 0.5% |
CMG MORTGAGE, INC. | $405,000 | $925,000 | 128.4% | 0.5% |
Cornerstone Bank | $425,000 | $895,000 | 110.6% | 0.4% |
UNITED WHOLESALE MORTGAGE, LLC | $830,000 | $880,000 | 6.0% | 0.4% |
CHURCHILL MORTGAGE CORPORATION | $1,040,000 | $825,000 | -20.7% | 0.4% |
NEWREZ LLC | $820,000 | n/a | 0.4% | |
Mr. Cooper ( Nationstar Mortgage ) | $1,010,000 | $680,000 | -32.7% | 0.3% |
MUTUAL OF OMAHA MORTGAGE, INC. | $435,000 | $680,000 | 56.3% | 0.3% |
HOME POINT FINANCIAL CORPORATION | $290,000 | $575,000 | 98.3% | 0.3% |
BROKER SOLUTIONS, INC. | $710,000 | $565,000 | -20.4% | 0.3% |
Barrington Bank & Trust Company, N.A. | $580,000 | $545,000 | -6.0% | 0.3% |
Lincoln FSB of Nebraska | $1,265,000 | $520,000 | -58.9% | 0.3% |
CALIBER HOME LOANS, INC. | $300,000 | $510,000 | 70.0% | 0.2% |
KS StateBank | $420,000 | $510,000 | 21.4% | 0.2% |
Low VA Rates, LLC | $365,000 | $510,000 | 39.7% | 0.2% |
FOUR POINTS | $160,000 | $485,000 | 203.1% | 0.2% |
NOVA FINANCIAL & INVESTMENT CORPORATION | $440,000 | n/a | 0.2% | |
BETTER MORTGAGE CORPORATION | $425,000 | n/a | 0.2% | |
Citizens Bank | $870,000 | $390,000 | -55.2% | 0.2% |
VERIDIAN CREDIT UNION | $575,000 | $390,000 | -32.2% | 0.2% |
CENTRIS FEDERAL CREDIT UNION | $410,000 | $385,000 | -6.1% | 0.2% |
LEADERONE FINANCIAL CORPORATION | $375,000 | n/a | 0.2% | |
Ally Bank | $360,000 | n/a | 0.2% | |
AMERICAN FINANCIAL NETWORK, INC. | $355,000 | n/a | 0.2% | |
AMERISAVE MORTGAGE CORPORATION | $495,000 | $355,000 | -28.3% | 0.2% |
First State Bank of St. Charles, Missouri | $355,000 | n/a | 0.2% | |
VILLAGE CAPITAL & INVESTMENT LLC | $600,000 | $325,000 | -45.8% | 0.2% |
JPMorgan Chase Bank | $155,000 | $310,000 | 100.0% | 0.2% |
Northpointe Bank | $185,000 | $305,000 | 64.9% | 0.1% |
Regent Financial Group, Inc. | $565,000 | $300,000 | -46.9% | 0.1% |
Gateway First Bank | $485,000 | $295,000 | -39.2% | 0.1% |
Midwest Heritage Bank FSB | $590,000 | $275,000 | -53.4% | 0.1% |
Baxter Credit Union | $265,000 | n/a | 0.1% | |
The Huntington National Bank | $265,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $400,000 | $255,000 | -36.3% | 0.1% |
PNC Bank | $340,000 | $250,000 | -26.5% | 0.1% |
Service Federal Credit Union | $245,000 | n/a | 0.1% | |
NEW DAY FINANCIAL, LLC | $735,000 | $235,000 | -68.0% | 0.1% |
Northwest Bank | $165,000 | $230,000 | 39.4% | 0.1% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $505,000 | $225,000 | -55.4% | 0.1% |
The Union Bank Company | $215,000 | n/a | 0.1% | |
Home Federal Savings & Loan Association of Grand Island | $205,000 | n/a | 0.1% | |
LAKEVIEW LOAN SERVICING, LLC | $225,000 | $205,000 | -8.9% | 0.1% |
CORNHUSKER BANK | $400,000 | $185,000 | -53.8% | 0.1% |
GUARANTEED RATE, INC. | $185,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $175,000 | $185,000 | 5.7% | 0.1% |
Loan Simple, Inc. | $185,000 | n/a | 0.1% | |
Central National Bank | $510,000 | $180,000 | -64.7% | 0.1% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $560,000 | $175,000 | -68.8% | 0.1% |
Cobalt Credit Union | $145,000 | $155,000 | 6.9% | 0.1% |
Carrington Mortgage Services, LLC | $160,000 | $140,000 | -12.5% | 0.1% |
Colonial Savings, F.A. | $135,000 | n/a | 0.1% | |
Dundee Bank | $125,000 | n/a | 0.1% | |
LIBERTY FIRST | $285,000 | $115,000 | -59.6% | 0.1% |
Discover Bank | $85,000 | $105,000 | 23.5% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $105,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $15,000 | $95,000 | 533.3% | 0.0% |
USAA Federal Savings Bank | $85,000 | n/a | 0.0% | |
First National Bank of America | $75,000 | n/a | 0.0% |
Columbus's top lender by overall market share is Pinnacle Bank, with 20.1% market share. In second place, with 13.2%, is CHARTER WEST BANK, having originated $27,025,000 in loans. In third place, with 9.6%, is Plains Commerce Bank, having originated $19,630,000 in loans. In third place, with 9.6%, is U.S. Bank, having originated $19,545,000 in loans. In third place, with 6.7%, is First National Bank of Omaha, having originated $13,655,000 in loans.
Columbus, NE Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 516 | $104,450,000 | $202,422 |
Refi | 349 | $58,105,000 | $166,490 |
Cash Out Refi | 230 | $39,140,000 | $170,174 |
Home Improvement | 26 | $1,410,000 | $54,231 |
Other | 19 | $1,485,000 | $78,158 |
Columbus's most frequently cited loan purpose was Home Purchase, with 516 originations. The 2nd most popular reason was Refi, with 349 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 470 | $89,700,000 | $190,851 |
3-4% | 349 | $61,495,000 | $176,203 |
<2.5% | 242 | $44,320,000 | $183,140 |
4-5% | 59 | $6,505,000 | $110,254 |
5-6% | 6 | $390,000 | $65,000 |
6-7% | 2 | $50,000 | $25,000 |
7-8% | 1 | $75,000 | $75,000 |
During 2021, Columbus's most frequently originated rate bucket was 2.5-3%, with 470 originations.
Loan Sizing (Columbus, NE MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 565 | $85,455,000 | $151,248 |
$200k-400k | 342 | $90,470,000 | $264,532 |
$100,000 or less | 201 | $12,555,000 | $62,463 |
$400k-600k | 29 | $13,105,000 | $451,897 |
$600k-1000k | 2 | $1,870,000 | $935,000 |
$Over $1MM | 1 | $1,135,000 | $1,135,000 |
Columbus's loan sizing saw the bucket of loans from $100k-200k with 565 originations, totaling $85,455,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 440 | $93,320,000 | $212,091 |
60-80% | 366 | $70,500,000 | $192,623 |
40-60% | 177 | $24,395,000 | $137,825 |
20-40% | 66 | $7,050,000 | $106,818 |
Under 20% | 52 | $1,770,000 | $34,038 |
Over 100% | 5 | $1,285,000 | $257,000 |
Columbus's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 440 originations, totaling $93,320,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Columbus (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 | $181,750 (-9.8%) | $208,437 (-0.3%) | 0.00 | 69 |
2018-02-01 | $189,950 (-14.4%) | $209,411 (-6.7%) | 0.00 | 68 |
2018-03-01 | $196,000 (-12.9%) | $212,625 (-4.5%) | 0.00 | 57 |
2018-04-01 | $213,750 (14.9%) | $227,882 (4.2%) | 0.00 | 62 |
2018-05-01 | $229,450 (4.8%) | $234,556 (7.1%) | 0.00 | 62 |
2018-06-01 | $218,000 (13.3%) | $232,210 (6.3%) | 0.00 | 63 |
2018-07-01 | $199,000 (7.6%) | $215,407 (3.2%) | 0.00 | 60 |
2018-08-01 | $212,400 (10.6%) | $219,432 (3.1%) | 0.00 | 70 |
2018-09-01 | $218,000 (9.6%) | $222,478 (1.9%) | 0.00 | 70 |
2018-10-01 | $229,900 (21.5%) | $236,111 (9.3%) | 0.00 | 66 |
2018-11-01 | $218,000 (23.2%) | $232,234 (10.6%) | 0.00 | 69 |
2018-12-01 | $218,000 (11.2%) | $232,147 (7.5%) | 0.00 | 66 |
2019-01-01 | $239,900 (32.0%) | $253,154 (21.5%) | 0.00 | 64 |
2019-02-01 | $244,900 (28.9%) | $253,205 (20.9%) | 0.00 | 65 |
2019-03-01 | $249,229 (27.2%) | $254,700 (19.8%) | 0.00 | 65 |
2019-04-01 | $255,000 (19.3%) | $259,394 (13.8%) | 0.00 | 64 |
2019-05-01 | $232,900 (1.5%) | $257,888 (10.0%) | 0.00 | 79 |
2019-06-01 | $229,900 (5.5%) | $265,466 (14.3%) | 0.00 | 78 |
2019-07-01 | $229,900 (15.5%) | $256,797 (19.2%) | 0.00 | 84 |
2019-08-01 | $219,229 (3.2%) | $257,117 (17.2%) | 0.00 | 78 |
2019-09-01 | $209,229 (-4.0%) | $252,652 (13.6%) | 0.00 | 79 |
2019-10-01 | $207,400 (-9.8%) | $247,108 (4.7%) | 0.00 | 86 |
2019-11-01 | $225,000 (3.2%) | $259,293 (11.7%) | 0.00 | 81 |
2019-12-01 | $218,500 (0.2%) | $253,137 (9.0%) | 0.00 | 67 |
2020-01-01 | $250,500 (4.4%) | $262,510 (3.7%) | 0.00 | 65 |
2020-02-01 | $279,900 (14.3%) | $274,570 (8.4%) | 0.00 | 63 |
2020-03-01 | $279,900 (12.3%) | $281,654 (10.6%) | 0.00 | 74 |
2020-04-01 | $284,350 (11.5%) | $291,849 (12.5%) | 0.00 | 74 |
2020-05-01 | $269,900 (15.9%) | $273,642 (6.1%) | 0.00 | 84 |
2020-06-01 | $288,800 (25.6%) | $287,749 (8.4%) | 0.00 | 64 |
2020-07-01 | $288,800 (25.6%) | $299,038 (16.5%) | 0.00 | 54 |
2020-08-01 | $284,900 (30.0%) | $296,982 (15.5%) | 0.00 | 57 |
2020-09-01 | $264,900 (26.6%) | $272,666 (7.9%) | 0.00 | 66 |
2020-10-01 | $270,000 (30.2%) | $278,785 (12.8%) | 0.00 | 70 |
2020-11-01 | $259,250 (15.2%) | $281,531 (8.6%) | 0.00 | 63 |
2020-12-01 | $259,000 (18.5%) | $282,471 (11.6%) | 0.00 | 57 |
2021-01-01 | $245,900 (-1.8%) | $275,973 (5.1%) | 0.00 | 47 |
2021-02-01 | $256,950 (-8.2%) | $290,811 (5.9%) | 0.00 | 30 |
2021-03-01 | $274,000 (-2.1%) | $278,175 (-1.2%) | 0.00 | 43 |
2021-04-01 | $274,000 (-3.6%) | $279,075 (-4.4%) | 0.00 | 45 |
2021-05-01 | $274,000 (1.5%) | $299,552 (9.5%) | 0.00 | 41 |
2021-06-01 | $286,000 (-1.0%) | $306,082 (6.4%) | 0.00 | 46 |
2021-07-01 | $286,000 (-1.0%) | $314,047 (5.0%) | 0.00 | 53 |
2021-08-01 | $280,500 (-1.5%) | $289,824 (-2.4%) | 0.00 | 53 |
2021-09-01 | $237,500 (-10.3%) | $271,511 (-0.4%) | 0.00 | 48 |
2021-10-01 | $235,000 (-13.0%) | $262,564 (-5.8%) | 0.00 | 67 |
2021-11-01 | $264,900 (2.2%) | $286,087 (1.6%) | 0.00 | 79 |
2021-12-01 | $287,400 (11.0%) | $303,557 (7.5%) | 0.00 | 70 |
2022-01-01 | $279,700 (13.8%) | $305,870 (10.8%) | 0.00 | 65 |
2022-02-01 | $275,000 (7.0%) | $303,122 (4.2%) | 0.00 | 51 |
2022-03-01 | $277,450 (1.3%) | $317,738 (14.2%) | 0.00 | 44 |
2022-04-01 | $335,000 (22.3%) | $361,648 (29.6%) | 0.00 | 56 |
2022-05-01 | $292,500 (6.8%) | $345,853 (15.5%) | 0.00 | 68 |
Columbus's median listing price comes in at 0% of the national average.
Columbus's average listing price for 2022-05-01 was $345,853, a difference of $46,301 (15.5%) versus the prior year and $-15,795 versus the prior month.
For the 2022-05-01 period, Columbus had 68 MLS listings, a difference of 12 listings (21%) versus the prior month and 27 listings (66%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Columbus (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,616 sqft |
2018-02-01 | 0 days | 1,527 sqft |
2018-03-01 | 0 days | 1,416 sqft |
2018-04-01 | 0 days | 1,470 sqft |
2018-05-01 | 0 days | 1,516 sqft |
2018-06-01 | 0 days | 1,568 sqft |
2018-07-01 | 0 days | 1,594 sqft |
2018-08-01 | 0 days | 1,530 sqft |
2018-09-01 | 0 days | 1,544 sqft |
2018-10-01 | 0 days | 1,751 sqft |
2018-11-01 | 0 days | 1,643 sqft |
2018-12-01 | 0 days | 1,568 sqft |
2019-01-01 | 0 days | 1,655 sqft |
2019-02-01 | 0 days | 1,650 sqft |
2019-03-01 | 0 days | 1,650 sqft |
2019-04-01 | 0 days | 1,650 sqft |
2019-05-01 | 0 days | 1,728 sqft |
2019-06-01 | 0 days | 1,740 sqft |
2019-07-01 | 0 days | 1,695 sqft |
2019-08-01 | 0 days | 1,708 sqft |
2019-09-01 | 0 days | 1,658 sqft |
2019-10-01 | 0 days | 1,567 sqft |
2019-11-01 | 0 days | 1,666 sqft |
2019-12-01 | 0 days | 1,688 sqft |
2020-01-01 | 0 days | 1,688 sqft |
2020-02-01 | 0 days | 1,716 sqft |
2020-03-01 | 0 days | 1,685 sqft |
2020-04-01 | 0 days | 1,786 sqft |
2020-05-01 | 0 days | 1,776 sqft |
2020-06-01 | 0 days | 1,819 sqft |
2020-07-01 | 0 days | 1,861 sqft |
2020-08-01 | 0 days | 1,861 sqft |
2020-09-01 | 0 days | 1,843 sqft |
2020-10-01 | 0 days | 1,644 sqft |
2020-11-01 | 0 days | 1,672 sqft |
2020-12-01 | 0 days | 1,650 sqft |
2021-01-01 | 0 days | 1,667 sqft |
2021-02-01 | 0 days | 1,502 sqft |
2021-03-01 | 0 days | 1,515 sqft |
2021-04-01 | 0 days | 1,442 sqft |
2021-05-01 | 0 days | 1,427 sqft |
2021-06-01 | 0 days | 1,583 sqft |
2021-07-01 | 0 days | 1,562 sqft |
2021-08-01 | 0 days | 1,427 sqft |
2021-09-01 | 0 days | 1,383 sqft |
2021-10-01 | 0 days | 1,440 sqft |
2021-11-01 | 0 days | 1,456 sqft |
2021-12-01 | 0 days | 1,520 sqft |
2022-01-01 | 0 days | 1,456 sqft |
2022-02-01 | 0 days | 1,456 sqft |
2022-03-01 | 0 days | 1,519 sqft |
2022-04-01 | 0 days | 1,669 sqft |
2022-05-01 | 0 days | 1,603 sqft |
Columbus's median square footage for active listings during the 2022-05-01 period was 1,603 sqft. One year prior, the average listing was 1,427 sqft.