Columbus Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Columbus averaged 6.59% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2024-12-05) was 6.48% and one month ago for the week of 2024-11-07, the average rate was 6.88%.

Columbus's average rate one year ago was 6.92%.

For refis of the same type during the week of 2024-12-12, the average rate was 6.9%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-12-12 6.6%
Columbus 30 Year Fixed Rate 2024-12-12 6.59%
Columbus 30 Year Fixed Rate Refi 2024-12-12 6.9%
Columbus 15 Year Fixed Rate 2024-12-12 5.64%
Columbus 15 Year Fixed Rate Refi 2024-12-12 6.34%
Columbus 30 Year FHA 2024-12-12 6.35%
Columbus 30 Year FHA Refi 2024-12-12 6.18%
Columbus 30 Year USDA 2024-12-12 6.3%
Columbus 30 Year USDA Refi 2024-12-12 6.2%
Columbus 30 Year VA 2024-12-12 6.08%
Columbus 30 Year VA Refi 2024-12-12 6.28%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Columbus, NE.

Columbus 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 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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
CHARTER WEST BANK 32 6.82% $3,500
Pinnacle Bank 29 6.61% $2,838
First National Bank of Omaha 20 6.56% $3,140
UNITED WHOLESALE MORTGAGE, LLC 16 7.01% $4,084
U.S. Bank 15 6.48% $2,721
West Gate Bank 11 7.11% $2,382
Plains Commerce Bank 8 6.97% $4,593
QUICKEN LOANS, LLC 5 7.02% $8,985
GUARANTEED RATE, INC. 2 6.89% $3,460
HOMESIDE FINANCIAL, LLC 2 6.94% $3,247
JPMorgan Chase Bank 2 7.18% $3,690
Mortgage Research Center, LLC 2 7.19% $2,520
Flagstar Bank, FSB 1 6.07% $5,511
FOUR POINTS 1 5.63% $1,003
Frontier Bank 1 6.38% $3,292
Gateway First Bank 1 6.00% $3,048
AMERISAVE MORTGAGE CORPORATION 1 7.99% $4,187
Carrington Mortgage Services, LLC 1 5.88% $5,980
Baxter Credit Union 1 6.13% $1,965
Meridian Trust Federal Credit Union 1 7.00% $6,097
Barrington Bank & Trust Company, N.A. 1 6.25% $8,183
NAVY FEDERAL CREDIT UNION 1 7.50% $1,355
Paramount Residential Mortgage Group, Inc. 1 6.63% $7,095
PENNYMAC LOAN SERVICES, LLC 1 7.62% $8,093
CMG MORTGAGE, INC. 1 8.00% $5,821
Citizens Bank 1 6.63% $8,752
Central National Bank 1 6.88% $636
Regent Financial Group, Inc. 1 7.13% $3,578
SIRVA MORTGAGE, INC. 1 6.25% $0
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.25% $3,620
Farmers Bank & Trust 1 6.75% $1,262
Discover Bank 1 5.99% $0

Columbus Average Closing Costs & Other Stats

Columbus, NE's 32 lenders originated 514 loans during 2023. The total origination value was $95,430,000, with an average loan value of $185,661.

Columbus's average closing costs are $3,980.

The top Columbus lender as defined by loan originations is CHARTER WEST BANK, with 32 loans originated. Their average total fees are $3,500, which is $662 higher than the next largest lender, Pinnacle Bank.

The lowest fee Columbus lenders (with over 10 loans originated) are West Gate Bank ($2,382), U.S. Bank ($2,721), Pinnacle Bank ($2,838), First National Bank of Omaha ($3,140) and CHARTER WEST BANK ($3,500).

The lowest rate Columbus lenders (with over 10 loans originated) are U.S. Bank (6.48%), First National Bank of Omaha (6.56%), Pinnacle Bank (6.61%), CHARTER WEST BANK (6.82%) and UNITED WHOLESALE MORTGAGE, LLC (7.01%).

Columbus, NE 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
Pinnacle Bank $31,800,000 $23,310,000 -26.7% 24.4%
CHARTER WEST BANK $17,715,000 $16,155,000 -8.8% 16.9%
First National Bank of Omaha $10,330,000 $7,695,000 -25.5% 8.1%
UNITED WHOLESALE MORTGAGE, LLC $2,530,000 $6,720,000 165.6% 7.0%
U.S. Bank $14,470,000 $5,145,000 -64.4% 5.4%
Plains Commerce Bank $12,050,000 $4,380,000 -63.7% 4.6%
QUICKEN LOANS, LLC $5,380,000 $2,845,000 -47.1% 3.0%
West Gate Bank $7,815,000 $2,495,000 -68.1% 2.6%
BankFirst $940,000 $2,205,000 134.6% 2.3%
First Nebraska Bank $3,055,000 $1,805,000 -40.9% 1.9%
Mortgage Research Center, LLC $1,355,000 $1,630,000 20.3% 1.7%
FREEDOM MORTGAGE CORPORATION $2,065,000 $1,095,000 -47.0% 1.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $380,000 $1,010,000 165.8% 1.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,005,000 n/a 1.1%
Baxter Credit Union $35,000 $925,000 2,542.9% 1.0%
HOMESIDE FINANCIAL, LLC $915,000 n/a 1.0%
SIRVA MORTGAGE, INC. $880,000 n/a 0.9%
BROKER SOLUTIONS, INC. $165,000 $815,000 393.9% 0.9%
Frontier Bank $1,980,000 $750,000 -62.1% 0.8%
GUARANTEED RATE, INC. $685,000 n/a 0.7%
LIBERTY FIRST $635,000 n/a 0.7%
The Federal Savings Bank $1,110,000 $620,000 -44.1% 0.6%
CITY BANK & TRUST CO. $490,000 n/a 0.5%
Carrington Mortgage Services, LLC $135,000 $465,000 244.4% 0.5%
Regent Financial Group, Inc. $1,025,000 $455,000 -55.6% 0.5%
JPMorgan Chase Bank $480,000 $450,000 -6.3% 0.5%
Discover Bank $55,000 $440,000 700.0% 0.5%
Central National Bank $325,000 $380,000 16.9% 0.4%
PENNYMAC LOAN SERVICES, LLC $760,000 $370,000 -51.3% 0.4%
Union Bank and Trust Company $15,280,000 $370,000 -97.6% 0.4%
Old National Bank $365,000 n/a 0.4%
LOANDEPOT.COM, LLC $905,000 $360,000 -60.2% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $790,000 $360,000 -54.4% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $760,000 $345,000 -54.6% 0.4%
AMERISAVE MORTGAGE CORPORATION $330,000 n/a 0.3%
Farmers Bank & Trust $315,000 n/a 0.3%
Flagstar Bank, FSB $280,000 $315,000 12.5% 0.3%
Meridian Trust Federal Credit Union $305,000 n/a 0.3%
CMG MORTGAGE, INC. $1,970,000 $295,000 -85.0% 0.3%
Citizens Bank $1,080,000 $290,000 -73.1% 0.3%
First Interstate Bank $455,000 $275,000 -39.6% 0.3%
First Federal Bank $255,000 n/a 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $255,000 n/a 0.3%
Prosperity Home Mortgage, LLC $195,000 $255,000 30.8% 0.3%
Bank of the West $720,000 $245,000 -66.0% 0.3%
NEWREZ LLC $1,245,000 $235,000 -81.1% 0.2%
NAVY FEDERAL CREDIT UNION $245,000 $205,000 -16.3% 0.2%
Paramount Residential Mortgage Group, Inc. $195,000 n/a 0.2%
Cornerstone Bank $1,180,000 $185,000 -84.3% 0.2%
PLAZA HOME MORTGAGE, INC. $185,000 n/a 0.2%
MORIA DEVELOPMENT, INC. $170,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $165,000 n/a 0.2%
Wells Fargo Bank $2,060,000 $165,000 -92.0% 0.2%
Barrington Bank & Trust Company, N.A. $145,000 n/a 0.2%
Coastal Community Bank $145,000 n/a 0.2%
Figure Lending LLC $115,000 $145,000 26.1% 0.2%
FOUR POINTS $55,000 $120,000 118.2% 0.1%
BMO Harris Bank $110,000 n/a 0.1%
Gateway First Bank $95,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $85,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $45,000 n/a 0.0%
VERIDIAN CREDIT UNION $195,000 $45,000 -76.9% 0.0%
PNC Bank $55,000 $35,000 -36.4% 0.0%
FirstBank of Nebraska $15,000 n/a 0.0%

Columbus's top lender by overall market share is Pinnacle Bank, with 24.4% market share. In second place, with 16.9%, is CHARTER WEST BANK, having originated $16,155,000 in loans. In third place, with 8.1%, is First National Bank of Omaha, having originated $7,695,000 in loans. In fourth place, with 7.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $6,720,000 in loans. In fifth place, with 5.4%, is U.S. Bank, having originated $5,145,000 in loans.


Columbus Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Columbus (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 $180,750 (-8.2%) $208,574 (1.5%) 0.00 70
2018-02-01 $187,575 (-12.5%) $210,573 (-3.3%) 0.00 70
2018-03-01 $195,500 (1.6%) $213,800 (-1.5%) 0.00 60
2018-04-01 $213,750 (16.8%) $229,456 (6.3%) 0.00 63
2018-05-01 $227,850 (4.8%) $234,248 (7.2%) 0.00 60
2018-06-01 $214,000 (14.5%) $230,096 (6.5%) 0.00 61
2018-07-01 $192,175 (5.3%) $213,545 (3.5%) 0.00 60
2018-08-01 $201,825 (9.1%) $218,695 (4.2%) 0.00 69
2018-09-01 $214,900 (8.0%) $222,132 (3.4%) 0.00 68
2018-10-01 $225,000 (21.1%) $234,346 (10.1%) 0.00 64
2018-11-01 $216,500 (22.7%) $229,707 (9.3%) 0.00 68
2018-12-01 $213,950 (9.2%) $232,000 (7.4%) 0.00 63
2019-01-01 $239,900 (32.7%) $254,677 (22.1%) 0.00 61
2019-02-01 $244,950 (30.6%) $255,617 (21.4%) 0.00 60
2019-03-01 $249,257 (27.5%) $255,637 (19.6%) 0.00 59
2019-04-01 $254,282 (19.0%) $258,323 (12.6%) 0.00 60
2019-05-01 $229,900 (0.9%) $253,807 (8.4%) 0.00 76
2019-06-01 $229,900 (7.4%) $264,098 (14.8%) 0.00 74
2019-07-01 $229,900 (19.6%) $260,526 (22.0%) 0.00 78
2019-08-01 $221,200 (9.6%) $258,170 (18.1%) 0.00 77
2019-09-01 $208,150 (-3.1%) $249,230 (12.2%) 0.00 83
2019-10-01 $200,200 (-11.0%) $244,058 (4.1%) 0.00 84
2019-11-01 $220,000 (1.6%) $257,895 (12.3%) 0.00 77
2019-12-01 $211,000 (-1.4%) $251,691 (8.5%) 0.00 63
2020-01-01 $237,750 (-0.9%) $260,079 (2.1%) 0.00 59
2020-02-01 $266,250 (8.7%) $271,211 (6.1%) 0.00 57
2020-03-01 $274,450 (10.1%) $280,193 (9.6%) 0.00 66
2020-04-01 $277,425 (9.1%) $289,712 (12.2%) 0.00 69
2020-05-01 $257,750 (12.1%) $274,305 (8.1%) 0.00 80
2020-06-01 $271,000 (17.9%) $285,595 (8.1%) 0.00 61
2020-07-01 $287,825 (25.2%) $295,436 (13.4%) 0.00 52
2020-08-01 $279,450 (26.3%) $293,067 (13.5%) 0.00 55
2020-09-01 $263,225 (26.5%) $270,256 (8.4%) 0.00 58
2020-10-01 $269,900 (34.8%) $279,264 (14.4%) 0.00 63
2020-11-01 $251,175 (14.2%) $277,629 (7.7%) 0.00 57
2020-12-01 $250,000 (18.5%) $278,799 (10.8%) 0.00 53
2021-01-01 $245,000 (3.1%) $272,620 (4.8%) 0.00 43
2021-02-01 $258,225 (-3.0%) $295,072 (8.8%) 0.00 29
2021-03-01 $271,750 (-1.0%) $280,033 (-0.1%) 0.00 39
2021-04-01 $271,750 (-2.1%) $273,989 (-5.4%) 0.00 37
2021-05-01 $274,000 (6.3%) $281,696 (2.7%) 0.00 34
2021-06-01 $286,000 (5.5%) $298,496 (4.5%) 0.00 39
2021-07-01 $286,000 (-0.6%) $300,457 (1.7%) 0.00 45
2021-08-01 $278,750 (-0.3%) $282,079 (-3.8%) 0.00 43
2021-09-01 $232,350 (-11.7%) $259,180 (-4.1%) 0.00 41
2021-10-01 $235,000 (-12.9%) $254,051 (-9.0%) 0.00 51
2021-11-01 $252,450 (0.5%) $274,586 (-1.1%) 0.00 61
2021-12-01 $279,700 (11.9%) $295,335 (5.9%) 0.00 56
2022-01-01 $264,900 (8.1%) $284,744 (4.5%) 0.00 51
2022-02-01 $265,000 (2.6%) $289,301 (-2.0%) 0.00 42
2022-03-01 $264,900 (-2.5%) $294,879 (5.3%) 0.00 40
2022-04-01 $309,000 (13.7%) $335,009 (22.3%) 0.00 44
2022-05-01 $285,000 (4.0%) $327,309 (16.2%) 0.00 60
2022-06-01 $285,000 (-0.4%) $320,613 (7.4%) 0.00 66
2022-07-01 $291,000 (1.8%) $351,686 (17.1%) 0.00 67
2022-08-01 $285,000 (2.2%) $328,692 (16.5%) 0.00 71
2022-09-01 $304,450 (31.0%) $337,041 (30.0%) 0.00 80
2022-10-01 $296,500 (26.2%) $325,469 (28.1%) 0.00 75
2022-11-01 $295,950 (17.2%) $334,193 (21.7%) 0.00 63
2022-12-01 $285,000 (1.9%) $315,886 (7.0%) 0.00 67
2023-01-01 $285,000 (7.6%) $316,330 (11.1%) 0.00 67
2023-02-01 $285,000 (7.6%) $324,100 (12.0%) 0.00 63
2023-03-01 $299,000 (12.9%) $325,152 (10.3%) 0.00 59
2023-04-01 $272,500 (-11.8%) $322,368 (-3.8%) 0.00 70
2023-05-01 $280,950 (-1.4%) $329,181 (0.6%) 0.00 60
2023-06-01 $315,000 (10.5%) $369,857 (15.4%) 0.00 60
2023-07-01 $307,000 (5.5%) $356,870 (1.5%) 0.00 59
2023-08-01 $318,700 (11.8%) $352,952 (7.4%) 0.00 75
2023-09-01 $301,500 (-1.0%) $347,264 (3.0%) 0.00 75
2023-10-01 $314,725 (6.2%) $346,856 (6.6%) 0.00 81
2023-11-01 $319,450 (7.9%) $343,443 (2.8%) 0.00 76
2023-12-01 $330,950 (16.1%) $339,962 (7.6%) 0.00 74
2024-01-01 $299,725 (5.2%) $322,737 (2.0%) 0.00 76
2024-02-01 $284,925 (0.0%) $315,045 (-2.8%) 0.00 73
2024-03-01 $289,900 (-3.0%) $315,156 (-3.1%) 0.00 77
2024-04-01 $285,000 (4.6%) $313,117 (-2.9%) 0.00 74
2024-05-01 $306,125 (9.0%) $335,786 (2.0%) 0.00 74
2024-06-01 $310,000 (-1.6%) $360,423 (-2.6%) 0.00 63
2024-07-01 $339,500 (10.6%) $378,556 (6.1%) 0.00 65
2024-08-01 $337,000 (5.7%) $367,709 (4.2%) 0.00 64
2024-09-01 $344,750 (14.3%) $390,506 (12.5%) 0.00 67
2024-10-01 $326,250 (3.7%) $353,782 (2.0%) 0.00 84
2024-11-01 $302,250 (-5.4%) $339,652 (-1.1%) 0.00 87
Columbus's median listing price for 2024-11-01 was $302,250, a difference of $-17,200 (-5.4%) versus the prior year and $-24,000 versus the prior month.

Columbus's median listing price comes in at 0% of the national average.

Columbus's average listing price for 2024-11-01 was $339,652, a difference of $-3,791 (-1.1%) versus the prior year and $-14,130 versus the prior month.

For the 2024-11-01 period, Columbus had 87 MLS listings, a difference of 3 listings (4%) versus the prior month and 11 listings (14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Columbus (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,544 sqft
2018-02-01 0 days 1,514 sqft
2018-03-01 0 days 1,437 sqft
2018-04-01 0 days 1,481 sqft
2018-05-01 0 days 1,517 sqft
2018-06-01 0 days 1,544 sqft
2018-07-01 0 days 1,536 sqft
2018-08-01 0 days 1,520 sqft
2018-09-01 0 days 1,532 sqft
2018-10-01 0 days 1,751 sqft
2018-11-01 0 days 1,652 sqft
2018-12-01 0 days 1,643 sqft
2019-01-01 0 days 1,725 sqft
2019-02-01 0 days 1,694 sqft
2019-03-01 0 days 1,676 sqft
2019-04-01 0 days 1,682 sqft
2019-05-01 0 days 1,717 sqft
2019-06-01 0 days 1,730 sqft
2019-07-01 0 days 1,744 sqft
2019-08-01 0 days 1,740 sqft
2019-09-01 0 days 1,678 sqft
2019-10-01 0 days 1,611 sqft
2019-11-01 0 days 1,710 sqft
2019-12-01 0 days 1,714 sqft
2020-01-01 0 days 1,724 sqft
2020-02-01 0 days 1,728 sqft
2020-03-01 0 days 1,673 sqft
2020-04-01 0 days 1,771 sqft
2020-05-01 0 days 1,769 sqft
2020-06-01 0 days 1,769 sqft
2020-07-01 0 days 1,861 sqft
2020-08-01 0 days 1,861 sqft
2020-09-01 0 days 1,752 sqft
2020-10-01 0 days 1,633 sqft
2020-11-01 0 days 1,651 sqft
2020-12-01 0 days 1,650 sqft
2021-01-01 0 days 1,667 sqft
2021-02-01 0 days 1,613 sqft
2021-03-01 0 days 1,626 sqft
2021-04-01 0 days 1,624 sqft
2021-05-01 0 days 1,456 sqft
2021-06-01 0 days 1,595 sqft
2021-07-01 0 days 1,587 sqft
2021-08-01 0 days 1,456 sqft
2021-09-01 0 days 1,383 sqft
2021-10-01 0 days 1,440 sqft
2021-11-01 0 days 1,460 sqft
2021-12-01 0 days 1,518 sqft
2022-01-01 0 days 1,456 sqft
2022-02-01 0 days 1,456 sqft
2022-03-01 0 days 1,460 sqft
2022-04-01 0 days 1,603 sqft
2022-05-01 0 days 1,558 sqft
2022-06-01 0 days 1,536 sqft
2022-07-01 0 days 1,600 sqft
2022-08-01 0 days 1,547 sqft
2022-09-01 0 days 1,479 sqft
2022-10-01 0 days 1,476 sqft
2022-11-01 0 days 1,550 sqft
2022-12-01 0 days 1,452 sqft
2023-01-01 0 days 1,446 sqft
2023-02-01 0 days 1,431 sqft
2023-03-01 0 days 1,443 sqft
2023-04-01 0 days 1,446 sqft
2023-05-01 0 days 1,511 sqft
2023-06-01 0 days 1,549 sqft
2023-07-01 0 days 1,539 sqft
2023-08-01 0 days 1,531 sqft
2023-09-01 0 days 1,499 sqft
2023-10-01 0 days 1,555 sqft
2023-11-01 0 days 1,505 sqft
2023-12-01 0 days 1,536 sqft
2024-01-01 0 days 1,500 sqft
2024-02-01 0 days 1,427 sqft
2024-03-01 0 days 1,492 sqft
2024-04-01 0 days 1,464 sqft
2024-05-01 0 days 1,423 sqft
2024-06-01 0 days 1,481 sqft
2024-07-01 0 days 1,590 sqft
2024-08-01 0 days 1,632 sqft
2024-09-01 0 days 1,567 sqft
2024-10-01 0 days 1,401 sqft
2024-11-01 0 days 1,350 sqft
Columbus's median listing age (time on market) for 2024-11-01 was 0 days.

Columbus's median square footage for active listings during the 2024-11-01 period was 1,350 sqft. One year prior, the average listing was 1,505 sqft.

Columbus, NE Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 344 $76,760,000 $223,140
Home Improvement 51 $2,835,000 $55,588
Cash Out Refi 44 $7,620,000 $173,182
Refi 38 $5,920,000 $155,789
Other 37 $2,295,000 $62,027

Columbus's most frequently cited loan purpose was Home Purchase, with 344 originations. The 2nd most popular reason was Home Improvement, with 51 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 192 $43,930,000 $228,802
7-8% 149 $26,465,000 $177,617
Over 8% 76 $6,650,000 $87,500
5-6% 53 $12,705,000 $239,717
<2.5% 13 $145,000 $11,154

During 2023, Columbus's most frequently originated rate bucket was 6-7%, with 192 originations.

Loan Sizing (Columbus, NE MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 194 $50,480,000 $260,206
$100k-200k 162 $24,740,000 $152,716
$100,000 or less 128 $5,910,000 $46,172
$400k-600k 27 $12,155,000 $450,185
$600k-1000k 3 $2,145,000 $715,000

Columbus's loan sizing saw the bucket of loans from $200k-400k with 194 originations, totaling $50,480,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 225 $54,835,000 $243,711
60-80% 95 $19,305,000 $203,211
Under 20% 69 $2,755,000 $39,928
20-40% 49 $4,175,000 $85,204
40-60% 44 $8,440,000 $191,818
Over 100% 1 $385,000 $385,000

Columbus's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 225 originations, totaling $54,835,000 in origination value.