Dickinson Mortgage Rates
30 Year Fixed Rate mortgages in Dickinson averaged
5.88%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
5.89% and
one month ago for the week of 2022-05-26, the
average rate was 5.18%.
Dickinson's average rate one year ago was 2.86%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.65%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
Dickinson 30 Year Fixed Rate | 2022-06-30 | 5.88% |
Dickinson 30 Year Fixed Rate Refi | 2022-06-30 | 5.65% |
Dickinson 15 Year Fixed Rate | 2022-06-30 | 6.18% |
Dickinson 15 Year Fixed Rate Refi | 2022-06-30 | 5.06% |
Dickinson 30 Year FHA | 2022-06-30 | 5.79% |
Dickinson 30 Year FHA Refi | 2022-06-30 | 5.63% |
Dickinson 30 Year USDA | 2022-06-30 | 5.45% |
Dickinson 30 Year USDA Refi | 2022-06-30 | 5.35% |
Dickinson 30 Year VA | 2022-06-30 | 5.85% |
Dickinson 30 Year VA Refi | 2022-06-30 | 5.4% |
Dickinson 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 Dickinson, ND 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.).
Dickinson, ND's 57 lenders originated 1,500
loans during 2021. The total origination value was $348,240,000, with an average loan value of
$232,160.
The top Dickinson lender as defined by loan originations is Bank of England, with
101 loans originated. Their average total fees are
$3,958, which is $803
lower than the next largest lender,
Dakota Community Bank & Trust.
The lowest fee Dickinson lenders (with over 10 loans originated) are
Wells Fargo Bank ($2,729), U.S. Bank ($2,806), Unify Home Lending Inc. ($2,982), Bank of England ($3,958) and American Bank Center ($4,015).
The lowest rate Dickinson lenders (with over 10 loans originated) are
Choice Financial Group (2.73%), Gate City Bank (2.75%), American Bank Center (2.89%), Dakota Community Bank & Trust (2.93%) and Servion, Inc. (2.99%).
Dickinson, ND 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 |
---|---|---|---|---|
Bank of England | $73,005,000 | $48,685,000 | -33.3% | 14.0% |
Dakota Community Bank & Trust | $59,970,000 | $46,875,000 | -21.8% | 13.5% |
GUILD MORTGAGE COMPANY | $31,955,000 | $28,285,000 | -11.5% | 8.1% |
Gate City Bank | $25,070,000 | $27,360,000 | 9.1% | 7.9% |
American Bank Center | $37,740,000 | $24,185,000 | -35.9% | 6.9% |
QUICKEN LOANS, LLC | $13,760,000 | $16,600,000 | 20.6% | 4.8% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $16,755,000 | $15,630,000 | -6.7% | 4.5% |
Choice Financial Group | $21,255,000 | $9,615,000 | -54.8% | 2.8% |
WESTERN COOPERATIVE CREDIT UNION | $9,660,000 | $9,300,000 | -3.7% | 2.7% |
FREEDOM MORTGAGE CORPORATION | $9,635,000 | $8,160,000 | -15.3% | 2.3% |
Servion, Inc. | $10,495,000 | $7,580,000 | -27.8% | 2.2% |
Unify Home Lending Inc. | $4,175,000 | $7,565,000 | 81.2% | 2.2% |
Kirkwood Bank & Trust Co. | $7,895,000 | $7,550,000 | -4.4% | 2.2% |
U.S. Bank | $6,765,000 | $6,240,000 | -7.8% | 1.8% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,525,000 | $6,170,000 | 304.6% | 1.8% |
Dacotah Bank | $17,235,000 | $6,150,000 | -64.3% | 1.8% |
Wells Fargo Bank | $6,315,000 | $5,540,000 | -12.3% | 1.6% |
Mortgage Research Center, LLC | $4,525,000 | $5,455,000 | 20.6% | 1.6% |
PENNYMAC LOAN SERVICES, LLC | $3,800,000 | $5,305,000 | 39.6% | 1.5% |
CALIBER HOME LOANS, INC. | $1,840,000 | $5,200,000 | 182.6% | 1.5% |
LOANDEPOT.COM, LLC | $2,530,000 | $4,020,000 | 58.9% | 1.2% |
GUARANTEED RATE, INC. | $1,555,000 | $3,190,000 | 105.1% | 0.9% |
LAKEVIEW LOAN SERVICING, LLC | $760,000 | $2,615,000 | 244.1% | 0.8% |
AMERISAVE MORTGAGE CORPORATION | $1,940,000 | $2,560,000 | 32.0% | 0.7% |
Flagstar Bank, FSB | $755,000 | $2,465,000 | 226.5% | 0.7% |
Mr. Cooper ( Nationstar Mortgage ) | $2,610,000 | $2,205,000 | -15.5% | 0.6% |
PREMIA MORTGAGE, LLC | $2,290,000 | $1,865,000 | -18.6% | 0.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $905,000 | $1,620,000 | 79.0% | 0.5% |
NEWREZ LLC | $1,200,000 | $1,455,000 | 21.3% | 0.4% |
USAA Federal Savings Bank | $1,285,000 | $1,455,000 | 13.2% | 0.4% |
TCF National Bank | $1,700,000 | $1,380,000 | -18.8% | 0.4% |
The Federal Savings Bank | $970,000 | $1,310,000 | 35.1% | 0.4% |
UNITED WHOLESALE MORTGAGE, LLC | $555,000 | $1,260,000 | 127.0% | 0.4% |
Bremer Bank | $2,390,000 | $1,255,000 | -47.5% | 0.4% |
BROKER SOLUTIONS, INC. | $1,445,000 | $1,100,000 | -23.9% | 0.3% |
Cornerstone Bank | $705,000 | $1,005,000 | 42.6% | 0.3% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $565,000 | $1,005,000 | 77.9% | 0.3% |
First International Bank & Trust | $890,000 | $980,000 | 10.1% | 0.3% |
Truity Federal Credit Union | $975,000 | $915,000 | -6.2% | 0.3% |
HOME POINT FINANCIAL CORPORATION | $245,000 | $845,000 | 244.9% | 0.2% |
21ST MORTGAGE CORPORATION | $890,000 | $780,000 | -12.4% | 0.2% |
BNC National Bank | $415,000 | $725,000 | 74.7% | 0.2% |
JPMorgan Chase Bank | $555,000 | $710,000 | 27.9% | 0.2% |
Barrington Bank & Trust Company, N.A. | $500,000 | $680,000 | 36.0% | 0.2% |
CAPITAL CREDIT UNION | $1,080,000 | $675,000 | -37.5% | 0.2% |
Starion Bank | $200,000 | $640,000 | 220.0% | 0.2% |
MID AMERICA MORTGAGE, INC. | $470,000 | $625,000 | 33.0% | 0.2% |
CMG MORTGAGE, INC. | $275,000 | $570,000 | 107.3% | 0.2% |
AMERICAN FINANCIAL RESOURCES, INC. | $450,000 | $520,000 | 15.6% | 0.1% |
Low VA Rates, LLC | $510,000 | n/a | 0.1% | |
The Huntington National Bank | $490,000 | n/a | 0.1% | |
BETTER MORTGAGE CORPORATION | $470,000 | $450,000 | -4.3% | 0.1% |
NAVY FEDERAL CREDIT UNION | $425,000 | n/a | 0.1% | |
Black Hills Community Bank | $405,000 | n/a | 0.1% | |
Magnolia Bank | $390,000 | n/a | 0.1% | |
VILLAGE CAPITAL & INVESTMENT LLC | $380,000 | $390,000 | 2.6% | 0.1% |
Wyndham Capital Mortgage, Inc. | $355,000 | n/a | 0.1% | |
Stifel Bank and Trust | $640,000 | $350,000 | -45.3% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $255,000 | $340,000 | 33.3% | 0.1% |
STAR ONE CREDIT UNION | $335,000 | n/a | 0.1% | |
CROSSCOUNTRY MORTGAGE, LLC | $215,000 | $325,000 | 51.2% | 0.1% |
Sierra Pacific Mortgage Company, Inc. | $295,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $285,000 | n/a | 0.1% | |
Plains Commerce Bank | $645,000 | $285,000 | -55.8% | 0.1% |
PLAZA HOME MORTGAGE, INC. | $285,000 | n/a | 0.1% | |
OPEN MORTGAGE, LLC | $9,710,000 | $275,000 | -97.2% | 0.1% |
PNC Bank | $265,000 | n/a | 0.1% | |
North Shore Bank of Commerce | $255,000 | n/a | 0.1% | |
Security First Bank of North Dakota | $1,185,000 | $255,000 | -78.5% | 0.1% |
EVERETT FINANCIAL, INC. | $235,000 | n/a | 0.1% | |
CORTRUST MORTGAGE, INC. | $225,000 | n/a | 0.1% | |
CRESCENT MORTGAGE COMPANY | $215,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $320,000 | $215,000 | -32.8% | 0.1% |
HOMESIDE FINANCIAL, LLC | $205,000 | n/a | 0.1% | |
RAILWAY CREDIT UNION | $205,000 | n/a | 0.1% | |
AFFINITY PLUS | $195,000 | n/a | 0.1% | |
Bank Forward | $185,000 | n/a | 0.1% | |
STEARNS LENDING, LLC | $185,000 | n/a | 0.1% | |
SIRVA MORTGAGE, INC. | $175,000 | n/a | 0.1% | |
BANKWEST, INC. | $465,000 | $170,000 | -63.4% | 0.0% |
First Guaranty Mortgage Corporation | $1,375,000 | $165,000 | -88.0% | 0.0% |
Nations Lending Corporation | $470,000 | $165,000 | -64.9% | 0.0% |
First Interstate Bank | $155,000 | $160,000 | 3.2% | 0.0% |
FIRST COMMUNITY CREDIT UNION | $145,000 | n/a | 0.0% | |
First Western Bank & Trust | $185,000 | $115,000 | -37.8% | 0.0% |
Manufacturers and Traders Trust Company | $115,000 | n/a | 0.0% | |
AMERICAN FINANCING CORPORATION | $415,000 | $95,000 | -77.1% | 0.0% |
Great Western Bank | $95,000 | n/a | 0.0% | |
Stockman Bank of Montana | $395,000 | $75,000 | -81.0% | 0.0% |
Merchants Bank | $55,000 | n/a | 0.0% |
Dickinson's top lender by overall market share is Bank of England, with 14.0% market share. In second place, with 13.5%, is Dakota Community Bank & Trust, having originated $46,875,000 in loans. In third place, with 8.1%, is GUILD MORTGAGE COMPANY, having originated $28,285,000 in loans. In third place, with 7.9%, is Gate City Bank, having originated $27,360,000 in loans. In third place, with 6.9%, is American Bank Center, having originated $24,185,000 in loans.
Dickinson, ND Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 645 | $157,885,000 | $244,783 |
Refi | 611 | $143,685,000 | $235,164 |
Cash Out Refi | 190 | $42,730,000 | $224,895 |
Home Improvement | 27 | $1,945,000 | $72,037 |
Other | 27 | $1,995,000 | $73,889 |
Dickinson's most frequently cited loan purpose was Home Purchase, with 645 originations. The 2nd most popular reason was Refi, with 611 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 576 | $145,080,000 | $251,875 |
3-4% | 441 | $103,145,000 | $233,889 |
<2.5% | 360 | $79,430,000 | $220,639 |
4-5% | 53 | $9,515,000 | $179,528 |
5-6% | 16 | $1,260,000 | $78,750 |
6-7% | 14 | $1,090,000 | $77,857 |
Over 8% | 3 | $165,000 | $55,000 |
7-8% | 2 | $140,000 | $70,000 |
During 2021, Dickinson's most frequently originated rate bucket was 2.5-3%, with 576 originations.
Loan Sizing (Dickinson, ND MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 797 | $219,805,000 | $275,790 |
$100k-200k | 444 | $69,620,000 | $156,802 |
$100,000 or less | 155 | $8,205,000 | $52,935 |
$400k-600k | 99 | $45,855,000 | $463,182 |
$600k-1000k | 3 | $2,245,000 | $748,333 |
$Over $1MM | 2 | $2,510,000 | $1,255,000 |
Dickinson's loan sizing saw the bucket of loans from $200k-400k with 797 originations, totaling $219,805,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 715 | $182,995,000 | $255,937 |
60-80% | 406 | $97,630,000 | $240,468 |
40-60% | 135 | $28,675,000 | $212,407 |
Under 20% | 69 | $2,525,000 | $36,594 |
20-40% | 65 | $7,675,000 | $118,077 |
Over 100% | 25 | $7,585,000 | $303,400 |
Dickinson's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 715 originations, totaling $182,995,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Dickinson (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 | $225,000 (2.3%) | $246,122 (3.8%) | 0.00 | 238 |
2018-02-01 | $229,000 (3.2%) | $251,544 (5.2%) | 0.00 | 236 |
2018-03-01 | $232,000 (1.8%) | $254,671 (3.8%) | 0.00 | 231 |
2018-04-01 | $237,000 (0.9%) | $260,563 (2.6%) | 0.00 | 242 |
2018-05-01 | $239,450 (1.3%) | $268,506 (3.5%) | 0.00 | 261 |
2018-06-01 | $240,000 (0.0%) | $272,192 (3.4%) | 0.00 | 281 |
2018-07-01 | $239,450 (-0.2%) | $268,697 (3.7%) | 0.00 | 289 |
2018-08-01 | $235,000 (0.0%) | $268,656 (4.6%) | 0.00 | 284 |
2018-09-01 | $229,900 (1.7%) | $261,528 (2.5%) | 0.00 | 280 |
2018-10-01 | $224,500 (-0.2%) | $251,130 (0.0%) | 0.00 | 276 |
2018-11-01 | $225,000 (1.8%) | $247,165 (1.9%) | 0.00 | 258 |
2018-12-01 | $239,999 (6.7%) | $260,876 (7.5%) | 0.00 | 238 |
2019-01-01 | $241,000 (7.1%) | $260,238 (5.7%) | 0.00 | 198 |
2019-02-01 | $249,000 (8.7%) | $263,038 (4.6%) | 0.00 | 181 |
2019-03-01 | $251,571 (8.4%) | $264,542 (3.9%) | 0.00 | 165 |
2019-04-01 | $262,000 (10.6%) | $275,560 (5.8%) | 0.00 | 155 |
2019-05-01 | $267,500 (11.7%) | $277,238 (3.3%) | 0.00 | 177 |
2019-06-01 | $275,000 (14.6%) | $293,563 (7.9%) | 0.00 | 186 |
2019-07-01 | $267,450 (11.7%) | $289,402 (7.7%) | 0.00 | 192 |
2019-08-01 | $258,229 (9.9%) | $285,793 (6.4%) | 0.00 | 194 |
2019-09-01 | $253,000 (10.1%) | $279,704 (7.0%) | 0.00 | 195 |
2019-10-01 | $252,000 (12.3%) | $274,476 (9.3%) | 0.00 | 180 |
2019-11-01 | $239,900 (6.6%) | $267,498 (8.2%) | 0.00 | 174 |
2019-12-01 | $239,450 (-0.2%) | $264,426 (1.4%) | 0.00 | 162 |
2020-01-01 | $244,000 (1.2%) | $267,100 (2.6%) | 0.00 | 143 |
2020-02-01 | $235,000 (-5.6%) | $268,117 (1.9%) | 0.00 | 123 |
2020-03-01 | $244,000 (-3.0%) | $281,007 (6.2%) | 0.00 | 120 |
2020-04-01 | $244,000 (-6.9%) | $280,695 (1.9%) | 0.00 | 146 |
2020-05-01 | $244,900 (-8.5%) | $278,184 (0.3%) | 0.00 | 176 |
2020-06-01 | $244,900 (-11.0%) | $284,919 (-2.9%) | 0.00 | 177 |
2020-07-01 | $242,450 (-9.4%) | $282,416 (-2.4%) | 0.00 | 177 |
2020-08-01 | $244,900 (-5.2%) | $283,205 (-0.9%) | 0.00 | 182 |
2020-09-01 | $244,900 (-3.2%) | $280,288 (0.2%) | 0.00 | 184 |
2020-10-01 | $244,900 (-2.8%) | $270,545 (-1.4%) | 0.00 | 183 |
2020-11-01 | $244,900 (2.1%) | $268,255 (0.3%) | 0.00 | 176 |
2020-12-01 | $242,450 (1.3%) | $267,555 (1.2%) | 0.00 | 171 |
2021-01-01 | $240,000 (-1.6%) | $271,237 (1.6%) | 0.00 | 159 |
2021-02-01 | $239,500 (1.9%) | $255,291 (-4.8%) | 0.00 | 159 |
2021-03-01 | $239,950 (-1.7%) | $263,825 (-6.1%) | 0.00 | 144 |
2021-04-01 | $230,000 (-5.7%) | $247,874 (-11.7%) | 0.00 | 179 |
2021-05-01 | $234,900 (-4.1%) | $256,073 (-8.0%) | 0.00 | 160 |
2021-06-01 | $230,000 (-6.1%) | $257,961 (-9.5%) | 0.00 | 157 |
2021-07-01 | $239,900 (-1.1%) | $261,030 (-7.6%) | 0.00 | 170 |
2021-08-01 | $239,950 (-2.0%) | $260,067 (-8.2%) | 0.00 | 162 |
2021-09-01 | $239,000 (-2.4%) | $254,566 (-9.2%) | 0.00 | 162 |
2021-10-01 | $240,000 (-2.0%) | $250,447 (-7.4%) | 0.00 | 161 |
2021-11-01 | $239,950 (-2.0%) | $252,886 (-5.7%) | 0.00 | 153 |
2021-12-01 | $214,900 (-11.4%) | $236,141 (-11.7%) | 0.00 | 136 |
2022-01-01 | $210,000 (-12.5%) | $225,556 (-16.8%) | 0.00 | 101 |
2022-02-01 | $214,950 (-10.3%) | $232,507 (-8.9%) | 0.00 | 104 |
2022-03-01 | $239,900 (0.0%) | $252,117 (-4.4%) | 0.00 | 91 |
2022-04-01 | $239,900 (4.3%) | $266,020 (7.3%) | 0.00 | 83 |
2022-05-01 | $267,950 (14.1%) | $303,616 (18.6%) | 0.00 | 108 |
2022-06-01 | $294,900 (28.2%) | $321,749 (24.7%) | 0.00 | 133 |
Dickinson's median listing price comes in at 0% of the national average.
Dickinson's average listing price for 2022-06-01 was $321,749, a difference of $63,788 (24.7%) versus the prior year and $18,133 versus the prior month.
For the 2022-06-01 period, Dickinson had 133 MLS listings, a difference of 25 listings (23%) versus the prior month and -24 listings (-15%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Dickinson (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,246 sqft |
2018-02-01 | 0 days | 2,246 sqft |
2018-03-01 | 0 days | 2,208 sqft |
2018-04-01 | 0 days | 2,296 sqft |
2018-05-01 | 0 days | 2,304 sqft |
2018-06-01 | 0 days | 2,296 sqft |
2018-07-01 | 0 days | 2,255 sqft |
2018-08-01 | 0 days | 2,218 sqft |
2018-09-01 | 0 days | 2,220 sqft |
2018-10-01 | 0 days | 2,158 sqft |
2018-11-01 | 0 days | 2,128 sqft |
2018-12-01 | 0 days | 2,244 sqft |
2019-01-01 | 0 days | 2,227 sqft |
2019-02-01 | 0 days | 2,216 sqft |
2019-03-01 | 0 days | 2,216 sqft |
2019-04-01 | 0 days | 2,240 sqft |
2019-05-01 | 0 days | 2,379 sqft |
2019-06-01 | 0 days | 2,432 sqft |
2019-07-01 | 0 days | 2,434 sqft |
2019-08-01 | 0 days | 2,384 sqft |
2019-09-01 | 0 days | 2,363 sqft |
2019-10-01 | 0 days | 2,370 sqft |
2019-11-01 | 0 days | 2,327 sqft |
2019-12-01 | 0 days | 2,252 sqft |
2020-01-01 | 0 days | 2,280 sqft |
2020-02-01 | 0 days | 2,225 sqft |
2020-03-01 | 0 days | 2,220 sqft |
2020-04-01 | 0 days | 2,214 sqft |
2020-05-01 | 0 days | 2,208 sqft |
2020-06-01 | 0 days | 2,211 sqft |
2020-07-01 | 0 days | 2,170 sqft |
2020-08-01 | 0 days | 2,172 sqft |
2020-09-01 | 0 days | 2,176 sqft |
2020-10-01 | 0 days | 2,112 sqft |
2020-11-01 | 0 days | 2,128 sqft |
2020-12-01 | 0 days | 2,102 sqft |
2021-01-01 | 0 days | 2,103 sqft |
2021-02-01 | 0 days | 2,067 sqft |
2021-03-01 | 0 days | 2,080 sqft |
2021-04-01 | 0 days | 2,022 sqft |
2021-05-01 | 0 days | 2,072 sqft |
2021-06-01 | 0 days | 2,043 sqft |
2021-07-01 | 0 days | 2,072 sqft |
2021-08-01 | 0 days | 2,076 sqft |
2021-09-01 | 0 days | 2,007 sqft |
2021-10-01 | 0 days | 2,080 sqft |
2021-11-01 | 0 days | 2,097 sqft |
2021-12-01 | 0 days | 2,072 sqft |
2022-01-01 | 0 days | 1,997 sqft |
2022-02-01 | 0 days | 2,115 sqft |
2022-03-01 | 0 days | 2,158 sqft |
2022-04-01 | 0 days | 2,220 sqft |
2022-05-01 | 0 days | 2,307 sqft |
2022-06-01 | 0 days | 2,392 sqft |
Dickinson's median square footage for active listings during the 2022-06-01 period was 2,392 sqft. One year prior, the average listing was 2,043 sqft.