Dickinson Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Dickinson averaged 6.78% for the week of 2024-04-25, compared to the national average of 7.17% for the same period.

The average rate for the prior week (2024-04-18) was 6.71% and one month ago for the week of 2024-03-21, the average rate was 6.48%.

Dickinson's average rate one year ago was 6.2%.

For refis of the same type during the week of 2024-04-25, the average rate was 7.27%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-25 7.17%
Dickinson 30 Year Fixed Rate 2024-04-25 6.78%
Dickinson 30 Year Fixed Rate Refi 2024-04-25 7.27%
Dickinson 15 Year Fixed Rate 2024-04-25 6.64%
Dickinson 15 Year Fixed Rate Refi 2024-04-25 6.44%
Dickinson 30 Year FHA 2024-04-25 6.58%
Dickinson 30 Year FHA Refi 2024-04-25 7.08%
Dickinson 30 Year USDA 2024-04-25 6.84%
Dickinson 30 Year USDA Refi 2024-04-25 6.74%
Dickinson 30 Year VA 2024-04-25 6.56%
Dickinson 30 Year VA Refi 2024-04-25 6.86%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Dickinson, ND.

Dickinson 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 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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
American Bank Center 27 6.41% $4,939
Dakota Community Bank & Trust 26 6.34% $5,555
Bank of England 21 7.30% $5,117
ARK-LA-TEX FINANCIAL SERVICES, LLC. 17 6.67% $4,369
Gate City Bank 15 6.02% $6,196
Choice Financial Group 13 6.57% $6,153
FIRST COLONY MORTGAGE CORPORATION 10 6.25% $5,506
WESTERN COOPERATIVE CREDIT UNION 9 6.51% $5,959
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.67% $7,318
U.S. Bank 7 6.76% $4,343
UNITED WHOLESALE MORTGAGE, LLC 5 6.98% $6,527
Unify Home Lending Inc. 5 6.58% $5,998
QUICKEN LOANS, LLC 5 6.90% $7,499
PENNYMAC LOAN SERVICES, LLC 3 6.12% $5,952
Dacotah Bank 3 6.98% $5,863
Wells Fargo Bank 3 6.88% $6,082
GUILD MORTGAGE COMPANY 3 5.96% $4,034
Truity Federal Credit Union 2 6.06% $4,362
JPMorgan Chase Bank 2 6.88% $1,864
FIRST COMMUNITY CREDIT UNION 2 6.69% $4,748
ZILLOW HOME LOANS, LLC 1 6.63% $7,052
AMERISAVE MORTGAGE CORPORATION 1 5.75% $4,962
BMO Harris Bank 1 6.38% $3,500
Citizens Bank 1 7.25% $6,164
CMG MORTGAGE, INC. 1 5.75% $7,401
First International Bank & Trust 1 7.38% $795
Flagstar Bank, FSB 1 7.29% $3,255
Plains Commerce Bank 1 6.75% $11,639
PNC Bank 1 6.25% $7,031
Servion, Inc. 1 8.38% $2,947
SIRVA MORTGAGE, INC. 1 7.00% $11
Stockman Bank of Montana 1 5.63% $3,933
UNIVERSAL LENDING CORPORATION 1 7.50% $9,205
USAA Federal Savings Bank 1 7.25% $7,789
Ally Bank 1 7.38% $2,831

Dickinson Average Closing Costs & Other Stats

Dickinson, ND's 35 lenders originated 574 loans during 2023. The total origination value was $152,440,000, with an average loan value of $265,575.

Dickinson's average closing costs are $5,516.

The top Dickinson lender as defined by loan originations is American Bank Center, with 27 loans originated. Their average total fees are $4,939, which is $615 lower than the next largest lender, Dakota Community Bank & Trust.

The lowest fee Dickinson lenders (with over 10 loans originated) are ARK-LA-TEX FINANCIAL SERVICES, LLC. ($4,369), American Bank Center ($4,939), Bank of England ($5,117), FIRST COLONY MORTGAGE CORPORATION ($5,506) and Dakota Community Bank & Trust ($5,555).

The lowest rate Dickinson lenders (with over 10 loans originated) are Gate City Bank (6.02%), FIRST COLONY MORTGAGE CORPORATION (6.25%), Dakota Community Bank & Trust (6.34%), American Bank Center (6.41%) and Choice Financial Group (6.57%).

Dickinson, ND 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
Dakota Community Bank & Trust $21,340,000 $18,250,000 -14.5% 12.0%
Wells Fargo Bank $1,470,000 $15,940,000 984.4% 10.5%
American Bank Center $19,960,000 $14,520,000 -27.3% 9.5%
Bank of England $20,020,000 $12,475,000 -37.7% 8.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $12,820,000 $11,630,000 -9.3% 7.6%
Gate City Bank $13,835,000 $11,450,000 -17.2% 7.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,085,000 $9,225,000 51.6% 6.1%
WESTERN COOPERATIVE CREDIT UNION $9,150,000 $7,575,000 -17.2% 5.0%
Choice Financial Group $6,595,000 $7,345,000 11.4% 4.8%
FIRST COLONY MORTGAGE CORPORATION $2,530,000 $4,855,000 91.9% 3.2%
Dacotah Bank $15,715,000 $3,870,000 -75.4% 2.5%
QUICKEN LOANS, LLC $2,840,000 $3,650,000 28.5% 2.4%
U.S. Bank $3,825,000 $3,555,000 -7.1% 2.3%
Unify Home Lending Inc. $1,740,000 $2,830,000 62.6% 1.9%
UNITED WHOLESALE MORTGAGE, LLC $910,000 $2,525,000 177.5% 1.7%
Mortgage Research Center, LLC $1,625,000 $2,250,000 38.5% 1.5%
GUILD MORTGAGE COMPANY $10,270,000 $2,205,000 -78.5% 1.4%
PENNYMAC LOAN SERVICES, LLC $1,485,000 $1,780,000 19.9% 1.2%
BAY EQUITY LLC $830,000 $1,370,000 65.1% 0.9%
Cornerstone Bank $2,170,000 $1,345,000 -38.0% 0.9%
Plains Commerce Bank $2,120,000 $1,220,000 -42.5% 0.8%
Truity Federal Credit Union $810,000 n/a 0.5%
Flagstar Bank, FSB $2,465,000 $685,000 -72.2% 0.4%
First International Bank & Trust $7,145,000 $650,000 -90.9% 0.4%
AMERISAVE MORTGAGE CORPORATION $1,420,000 $625,000 -56.0% 0.4%
The Federal Savings Bank $610,000 n/a 0.4%
OPEN MORTGAGE, LLC $570,000 n/a 0.4%
PNC Bank $570,000 $530,000 -7.0% 0.3%
Kirkwood Bank & Trust Co. $1,815,000 $525,000 -71.1% 0.3%
FIRST COMMUNITY CREDIT UNION $515,000 n/a 0.3%
JPMorgan Chase Bank $380,000 $500,000 31.6% 0.3%
SUN WEST MORTGAGE COMPANY, INC. $440,000 n/a 0.3%
USAA Federal Savings Bank $1,350,000 $410,000 -69.6% 0.3%
AMERICAN FINANCING CORPORATION $65,000 $405,000 523.1% 0.3%
PLANET HOME LENDING, LLC $395,000 n/a 0.3%
RAILWAY CREDIT UNION $75,000 $370,000 393.3% 0.2%
Citizens Bank $305,000 n/a 0.2%
UNIVERSAL LENDING CORPORATION $305,000 n/a 0.2%
EVERETT FINANCIAL, INC. $295,000 n/a 0.2%
ZILLOW HOME LOANS, LLC $285,000 n/a 0.2%
CMG MORTGAGE, INC. $690,000 $275,000 -60.1% 0.2%
SIRVA MORTGAGE, INC. $265,000 n/a 0.2%
NEWREZ LLC $550,000 $260,000 -52.7% 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $245,000 n/a 0.2%
Stockman Bank of Montana $315,000 $230,000 -27.0% 0.2%
BANKWEST, INC. $385,000 $215,000 -44.2% 0.1%
BNC National Bank $45,000 $210,000 366.7% 0.1%
BMO Harris Bank $505,000 $190,000 -62.4% 0.1%
21ST MORTGAGE CORPORATION $155,000 $175,000 12.9% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $2,385,000 $165,000 -93.1% 0.1%
NAVY FEDERAL CREDIT UNION $545,000 $165,000 -69.7% 0.1%
Ally Bank $585,000 $155,000 -73.5% 0.1%
Discover Bank $130,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $195,000 $105,000 -46.2% 0.1%
CAPITAL CREDIT UNION $285,000 $95,000 -66.7% 0.1%
PENTAGON FEDERAL CREDIT UNION $315,000 $95,000 -69.8% 0.1%
Servion, Inc. $1,525,000 $85,000 -94.4% 0.1%
Coastal Community Bank $75,000 n/a 0.0%
Bremer Bank $195,000 $55,000 -71.8% 0.0%

Dickinson's top lender by overall market share is Dakota Community Bank & Trust, with 12.0% market share. In second place, with 10.5%, is Wells Fargo Bank, having originated $15,940,000 in loans. In third place, with 9.5%, is American Bank Center, having originated $14,520,000 in loans. In fourth place, with 8.2%, is Bank of England, having originated $12,475,000 in loans. In fifth place, with 7.6%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $11,630,000 in loans.


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

Realtor.com - Dickinson (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 $225,725 (2.6%) $245,413 (3.0%) 0.00 237
2018-02-01 $229,450 (4.1%) $250,021 (4.9%) 0.00 237
2018-03-01 $233,000 (2.0%) $253,765 (3.3%) 0.00 235
2018-04-01 $239,675 (2.0%) $260,594 (2.6%) 0.00 244
2018-05-01 $239,900 (1.4%) $268,671 (3.7%) 0.00 261
2018-06-01 $249,000 (3.8%) $273,510 (4.2%) 0.00 284
2018-07-01 $240,450 (0.4%) $269,846 (4.5%) 0.00 289
2018-08-01 $235,000 (0.6%) $269,475 (5.5%) 0.00 284
2018-09-01 $229,900 (1.3%) $261,750 (3.2%) 0.00 281
2018-10-01 $224,000 (-0.4%) $251,772 (0.8%) 0.00 278
2018-11-01 $225,000 (2.3%) $249,615 (3.3%) 0.00 261
2018-12-01 $239,999 (6.7%) $260,256 (7.6%) 0.00 241
2019-01-01 $243,750 (8.0%) $273,967 (11.6%) 0.00 204
2019-02-01 $249,000 (8.5%) $277,472 (11.0%) 0.00 188
2019-03-01 $255,643 (9.7%) $280,863 (10.7%) 0.00 168
2019-04-01 $266,750 (11.3%) $290,876 (11.6%) 0.00 158
2019-05-01 $271,225 (13.1%) $292,475 (8.9%) 0.00 181
2019-06-01 $277,450 (11.4%) $307,078 (12.3%) 0.00 191
2019-07-01 $271,950 (13.1%) $306,188 (13.5%) 0.00 196
2019-08-01 $266,273 (13.3%) $306,364 (13.7%) 0.00 197
2019-09-01 $262,182 (14.0%) $300,519 (14.8%) 0.00 193
2019-10-01 $254,500 (13.6%) $296,623 (17.8%) 0.00 187
2019-11-01 $243,250 (8.1%) $278,168 (11.4%) 0.00 177
2019-12-01 $239,900 (0.0%) $275,819 (6.0%) 0.00 166
2020-01-01 $244,000 (0.1%) $278,108 (1.5%) 0.00 146
2020-02-01 $238,000 (-4.4%) $280,510 (1.1%) 0.00 125
2020-03-01 $246,000 (-3.8%) $283,001 (0.8%) 0.00 122
2020-04-01 $244,475 (-8.4%) $282,997 (-2.7%) 0.00 148
2020-05-01 $246,400 (-9.2%) $278,273 (-4.9%) 0.00 180
2020-06-01 $246,800 (-11.1%) $286,684 (-6.6%) 0.00 180
2020-07-01 $244,925 (-9.9%) $285,048 (-6.9%) 0.00 177
2020-08-01 $245,000 (-8.0%) $290,134 (-5.3%) 0.00 184
2020-09-01 $244,950 (-6.6%) $287,581 (-4.3%) 0.00 187
2020-10-01 $244,900 (-3.8%) $277,565 (-6.4%) 0.00 185
2020-11-01 $248,450 (2.1%) $276,655 (-0.5%) 0.00 179
2020-12-01 $244,900 (2.1%) $275,608 (-0.1%) 0.00 174
2021-01-01 $242,450 (-0.6%) $273,037 (-1.8%) 0.00 161
2021-02-01 $240,000 (0.8%) $264,281 (-5.8%) 0.00 163
2021-03-01 $240,000 (-2.4%) $273,992 (-3.2%) 0.00 148
2021-04-01 $230,000 (-5.9%) $250,759 (-11.4%) 0.00 183
2021-05-01 $234,950 (-4.7%) $260,293 (-6.5%) 0.00 163
2021-06-01 $233,750 (-5.3%) $262,929 (-8.3%) 0.00 160
2021-07-01 $239,950 (-2.0%) $260,984 (-8.4%) 0.00 174
2021-08-01 $239,975 (-2.1%) $260,135 (-10.3%) 0.00 163
2021-09-01 $239,975 (-2.0%) $255,024 (-11.3%) 0.00 163
2021-10-01 $244,950 (0.0%) $251,493 (-9.4%) 0.00 162
2021-11-01 $237,500 (-4.4%) $251,992 (-8.9%) 0.00 155
2021-12-01 $214,900 (-12.3%) $236,345 (-14.3%) 0.00 137
2022-01-01 $210,000 (-13.4%) $224,834 (-17.7%) 0.00 102
2022-02-01 $218,700 (-8.9%) $233,628 (-11.6%) 0.00 103
2022-03-01 $245,000 (2.1%) $257,310 (-6.1%) 0.00 88
2022-04-01 $249,900 (8.7%) $267,382 (6.6%) 0.00 77
2022-05-01 $271,800 (15.7%) $311,748 (19.8%) 0.00 90
2022-06-01 $297,450 (27.3%) $329,674 (25.4%) 0.00 110
2022-07-01 $295,000 (22.9%) $335,111 (28.4%) 0.00 119
2022-08-01 $269,725 (12.4%) $319,281 (22.7%) 0.00 134
2022-09-01 $269,000 (12.1%) $317,881 (24.7%) 0.00 146
2022-10-01 $267,500 (9.2%) $313,770 (24.8%) 0.00 156
2022-11-01 $260,725 (9.8%) $311,503 (23.6%) 0.00 150
2022-12-01 $265,500 (23.6%) $302,323 (27.9%) 0.00 138
2023-01-01 $256,000 (21.9%) $301,068 (33.9%) 0.00 127
2023-02-01 $252,000 (15.2%) $306,859 (31.4%) 0.00 97
2023-03-01 $265,250 (8.3%) $322,498 (25.3%) 0.00 92
2023-04-01 $255,000 (2.0%) $323,277 (20.9%) 0.00 91
2023-05-01 $274,975 (1.2%) $319,552 (2.5%) 0.00 97
2023-06-01 $273,675 (-8.0%) $325,553 (-1.3%) 0.00 96
2023-07-01 $269,900 (-8.5%) $326,802 (-2.5%) 0.00 98
2023-08-01 $297,000 (10.1%) $339,007 (6.2%) 0.00 104
2023-09-01 $289,900 (7.8%) $322,546 (1.5%) 0.00 99
2023-10-01 $285,400 (6.7%) $322,318 (2.7%) 0.00 90
2023-11-01 $262,000 (0.5%) $302,710 (-2.8%) 0.00 84
2023-12-01 $259,450 (-2.3%) $301,831 (-0.2%) 0.00 81
2024-01-01 $311,175 (21.6%) $321,608 (6.8%) 0.00 71
2024-02-01 $279,000 (10.7%) $312,617 (1.9%) 0.00 63
2024-03-01 $307,450 (15.9%) $346,273 (7.4%) 0.00 54
Dickinson's median listing price for 2024-03-01 was $307,450, a difference of $42,200 (15.9%) versus the prior year and $28,450 versus the prior month.

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

Dickinson's average listing price for 2024-03-01 was $346,273, a difference of $23,775 (7.4%) versus the prior year and $33,656 versus the prior month.

For the 2024-03-01 period, Dickinson had 54 MLS listings, a difference of -9 listings (-14%) versus the prior month and -38 listings (-41%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Dickinson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,228 sqft
2018-02-01 0 days 2,223 sqft
2018-03-01 0 days 2,202 sqft
2018-04-01 0 days 2,288 sqft
2018-05-01 0 days 2,304 sqft
2018-06-01 0 days 2,296 sqft
2018-07-01 0 days 2,254 sqft
2018-08-01 0 days 2,204 sqft
2018-09-01 0 days 2,219 sqft
2018-10-01 0 days 2,140 sqft
2018-11-01 0 days 2,126 sqft
2018-12-01 0 days 2,244 sqft
2019-01-01 0 days 2,234 sqft
2019-02-01 0 days 2,224 sqft
2019-03-01 0 days 2,232 sqft
2019-04-01 0 days 2,260 sqft
2019-05-01 0 days 2,393 sqft
2019-06-01 0 days 2,472 sqft
2019-07-01 0 days 2,449 sqft
2019-08-01 0 days 2,417 sqft
2019-09-01 0 days 2,399 sqft
2019-10-01 0 days 2,381 sqft
2019-11-01 0 days 2,352 sqft
2019-12-01 0 days 2,258 sqft
2020-01-01 0 days 2,276 sqft
2020-02-01 0 days 2,225 sqft
2020-03-01 0 days 2,237 sqft
2020-04-01 0 days 2,215 sqft
2020-05-01 0 days 2,211 sqft
2020-06-01 0 days 2,214 sqft
2020-07-01 0 days 2,176 sqft
2020-08-01 0 days 2,176 sqft
2020-09-01 0 days 2,208 sqft
2020-10-01 0 days 2,164 sqft
2020-11-01 0 days 2,145 sqft
2020-12-01 0 days 2,111 sqft
2021-01-01 0 days 2,120 sqft
2021-02-01 0 days 2,073 sqft
2021-03-01 0 days 2,082 sqft
2021-04-01 0 days 2,023 sqft
2021-05-01 0 days 2,054 sqft
2021-06-01 0 days 2,044 sqft
2021-07-01 0 days 2,080 sqft
2021-08-01 0 days 2,076 sqft
2021-09-01 0 days 2,003 sqft
2021-10-01 0 days 2,080 sqft
2021-11-01 0 days 2,093 sqft
2021-12-01 0 days 2,030 sqft
2022-01-01 0 days 1,923 sqft
2022-02-01 0 days 2,119 sqft
2022-03-01 0 days 2,198 sqft
2022-04-01 0 days 2,220 sqft
2022-05-01 0 days 2,329 sqft
2022-06-01 0 days 2,420 sqft
2022-07-01 0 days 2,469 sqft
2022-08-01 0 days 2,343 sqft
2022-09-01 0 days 2,285 sqft
2022-10-01 0 days 2,212 sqft
2022-11-01 0 days 2,168 sqft
2022-12-01 0 days 2,167 sqft
2023-01-01 0 days 2,164 sqft
2023-02-01 0 days 2,078 sqft
2023-03-01 0 days 2,080 sqft
2023-04-01 0 days 2,155 sqft
2023-05-01 0 days 2,169 sqft
2023-06-01 0 days 2,187 sqft
2023-07-01 0 days 2,204 sqft
2023-08-01 0 days 2,280 sqft
2023-09-01 0 days 2,340 sqft
2023-10-01 0 days 2,256 sqft
2023-11-01 0 days 2,046 sqft
2023-12-01 0 days 2,064 sqft
2024-01-01 0 days 2,169 sqft
2024-02-01 0 days 2,200 sqft
2024-03-01 0 days 2,277 sqft
Dickinson's median listing age (time on market) for 2024-03-01 was 0 days.

Dickinson's median square footage for active listings during the 2024-03-01 period was 2,277 sqft. One year prior, the average listing was 2,080 sqft.

Dickinson, ND Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 432 $133,100,000 $308,102
Refi 52 $9,060,000 $174,231
Home Improvement 40 $2,700,000 $67,500
Other 27 $2,335,000 $86,481
Cash Out Refi 23 $5,245,000 $228,043

Dickinson's most frequently cited loan purpose was Home Purchase, with 432 originations. The 2nd most popular reason was Refi, with 52 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 262 $85,220,000 $325,267
5-6% 119 $29,555,000 $248,361
7-8% 116 $26,260,000 $226,379
Over 8% 60 $7,990,000 $133,167
4-5% 6 $1,250,000 $208,333
3-4% 2 $400,000 $200,000
2.5-3% 2 $710,000 $355,000
<2.5% 1 $5,000 $5,000

During 2023, Dickinson's most frequently originated rate bucket was 6-7%, with 262 originations.

Loan Sizing (Dickinson, ND MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 240 $68,150,000 $283,958
$100k-200k 154 $24,330,000 $157,987
$100,000 or less 108 $6,280,000 $58,148
$400k-600k 53 $24,705,000 $466,132
$600k-1000k 16 $11,560,000 $722,500
$Over $1MM 3 $17,415,000 $5,805,000

Dickinson's loan sizing saw the bucket of loans from $200k-400k with 240 originations, totaling $68,150,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 327 $91,225,000 $278,976
60-80% 93 $23,185,000 $249,301
Under 20% 51 $2,885,000 $56,569
20-40% 50 $8,010,000 $160,200
40-60% 36 $23,130,000 $642,500
Over 100% 8 $2,020,000 $252,500

Dickinson's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 327 originations, totaling $91,225,000 in origination value.