Dodge City Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Dodge City averaged
6.83%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
6.72% and
one month ago for the week of 2023-08-17, the
average rate was 6.93%.
Dodge City's average rate one year ago was 5.46%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.29%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Dodge City 30 Year Fixed Rate | 2023-09-21 | 6.83% |
Dodge City 30 Year Fixed Rate Refi | 2023-09-21 | 7.29% |
Dodge City 15 Year Fixed Rate | 2023-09-21 | 6.54% |
Dodge City 15 Year Fixed Rate Refi | 2023-09-21 | 7.04% |
Dodge City 30 Year FHA | 2023-09-21 | 7.24% |
Dodge City 30 Year FHA Refi | 2023-09-21 | 7.24% |
Dodge City 30 Year USDA | 2023-09-21 | 7.02% |
Dodge City 30 Year USDA Refi | 2023-09-21 | 7.02% |
Dodge City 30 Year VA | 2023-09-21 | 6.82% |
Dodge City 30 Year VA Refi | 2023-09-21 | 6.92% |
Dodge City 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 Dodge City, KS 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.).
Dodge City Average Closing Costs & Other Stats
Dodge City, KS's 30 lenders originated 373
loans during 2022. The total origination value was $64,655,000, with an average loan value of
$173,338.
Dodge City's average closing costs are $3,553.
The top Dodge City lender as defined by loan originations is Landmark National Bank, with
55 loans originated. Their average total fees are
$2,496, which is $332
lower than the next largest lender,
Wells Fargo Bank.
The lowest fee Dodge City lenders (with over 10 loans originated) are
Landmark National Bank ($2,496), Wells Fargo Bank ($2,828), QUICKEN LOANS, LLC ($5,695), .
The lowest rate Dodge City lenders (with over 10 loans originated) are
Wells Fargo Bank (4.75%), Landmark National Bank (4.85%), QUICKEN LOANS, LLC (5.04%), .
Dodge City, KS 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
Landmark National Bank | $30,440,000 | $22,135,000 | -27.3% | 34.2% |
Wells Fargo Bank | $7,910,000 | $8,160,000 | 3.2% | 12.6% |
QUICKEN LOANS, LLC | $8,570,000 | $6,115,000 | -28.6% | 9.5% |
GOLDEN PLAINS | $6,070,000 | $2,550,000 | -58.0% | 3.9% |
Gateway First Bank | $1,005,000 | $2,070,000 | 106.0% | 3.2% |
Midwest Bank | $1,885,000 | n/a | 2.9% | |
Sunflower Bank | $5,110,000 | $1,705,000 | -66.6% | 2.6% |
GUARANTEED RATE, INC. | $1,420,000 | $1,550,000 | 9.2% | 2.4% |
FREEDOM MORTGAGE CORPORATION | $1,885,000 | $1,460,000 | -22.5% | 2.3% |
UNION HOME MORTGAGE CORP. | $2,700,000 | $1,390,000 | -48.5% | 2.1% |
Mortgage Investment Services Corporation | $2,695,000 | $1,325,000 | -50.8% | 2.0% |
Bank of the West | $1,755,000 | $1,230,000 | -29.9% | 1.9% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,080,000 | $1,160,000 | 7.4% | 1.8% |
Members Mortgage Services, L.L.C. | $1,065,000 | $1,115,000 | 4.7% | 1.7% |
Mortgage Research Center, LLC | $660,000 | $1,080,000 | 63.6% | 1.7% |
LOANDEPOT.COM, LLC | $580,000 | $1,005,000 | 73.3% | 1.6% |
Bank of America | $515,000 | $655,000 | 27.2% | 1.0% |
FLAT BRANCH MORTGAGE, INC. | $555,000 | n/a | 0.9% | |
BROKER SOLUTIONS, INC. | $500,000 | $470,000 | -6.0% | 0.7% |
NEW DAY FINANCIAL, LLC | $155,000 | $470,000 | 203.2% | 0.7% |
U.S. Bank | $1,125,000 | $430,000 | -61.8% | 0.7% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $400,000 | n/a | 0.6% | |
UNITED WHOLESALE MORTGAGE, LLC | $760,000 | $400,000 | -47.4% | 0.6% |
LIMA ONE CAPITAL, LLC | $360,000 | n/a | 0.6% | |
Mr. Cooper ( Nationstar Mortgage ) | $735,000 | $280,000 | -61.9% | 0.4% |
PNC Bank | $280,000 | n/a | 0.4% | |
Colonial Savings, F.A. | $155,000 | $275,000 | 77.4% | 0.4% |
AMERICAN FINANCING CORPORATION | $270,000 | n/a | 0.4% | |
Deere Employees Credit Union | $255,000 | n/a | 0.4% | |
AMERISAVE MORTGAGE CORPORATION | $835,000 | $245,000 | -70.7% | 0.4% |
Flagstar Bank, FSB | $245,000 | n/a | 0.4% | |
GNBank | $555,000 | $240,000 | -56.8% | 0.4% |
SOFI LENDING CORP. | $235,000 | n/a | 0.4% | |
LEADERONE FINANCIAL CORPORATION | $755,000 | $230,000 | -69.5% | 0.4% |
EMBRACE HOME LOANS, INC. | $185,000 | n/a | 0.3% | |
Peoples Bank | $185,000 | n/a | 0.3% | |
Commerce Bank | $175,000 | n/a | 0.3% | |
PENNYMAC LOAN SERVICES, LLC | $1,365,000 | $170,000 | -87.5% | 0.3% |
LIBERTY HOME MORTGAGE CORPORATION | $165,000 | n/a | 0.3% | |
21ST MORTGAGE CORPORATION | $140,000 | $155,000 | 10.7% | 0.2% |
CALIBER HOME LOANS, INC. | $365,000 | $155,000 | -57.5% | 0.2% |
GERSHMAN INVESTMENT CORP. | $155,000 | n/a | 0.2% | |
NEWREZ LLC | $235,000 | $155,000 | -34.0% | 0.2% |
LAKEVIEW LOAN SERVICING, LLC | $240,000 | $135,000 | -43.8% | 0.2% |
NFM, INC. | $135,000 | n/a | 0.2% | |
JPMorgan Chase Bank | $500,000 | $105,000 | -79.0% | 0.2% |
The Huntington National Bank | $105,000 | n/a | 0.2% | |
PHH Mortgage Corporation | $95,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $95,000 | n/a | 0.1% | |
Carrington Mortgage Services, LLC | $220,000 | $85,000 | -61.4% | 0.1% |
Discover Bank | $85,000 | $85,000 | 0.0% | 0.1% |
United Fidelity Funding Corp. | $95,000 | $85,000 | -10.5% | 0.1% |
Dodge City's top lender by overall market share is Landmark National Bank, with 34.2% market share. In second place, with 12.6%, is Wells Fargo Bank, having originated $8,160,000 in loans. In third place, with 9.5%, is QUICKEN LOANS, LLC, having originated $6,115,000 in loans. In fourth place, with 3.9%, is GOLDEN PLAINS, having originated $2,550,000 in loans. In fifth place, with 3.2%, is Gateway First Bank, having originated $2,070,000 in loans.
Dodge City Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Dodge City (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 | $141,225 (-5.8%) | $159,133 (-6.3%) | 0.00 | 69 |
2018-02-01 | $145,000 (-10.6%) | $166,048 (-7.3%) | 0.00 | 79 |
2018-03-01 | $149,900 (-7.8%) | $174,922 (-3.2%) | 0.00 | 75 |
2018-04-01 | $149,950 (-1.7%) | $177,772 (3.7%) | 0.00 | 83 |
2018-05-01 | $152,225 (-2.7%) | $178,087 (1.1%) | 0.00 | 89 |
2018-06-01 | $152,000 (-7.1%) | $176,032 (-1.2%) | 0.00 | 87 |
2018-07-01 | $163,675 (2.4%) | $179,295 (0.5%) | 0.00 | 81 |
2018-08-01 | $167,975 (6.8%) | $179,559 (1.5%) | 0.00 | 76 |
2018-09-01 | $156,789 (4.9%) | $173,953 (-0.3%) | 0.00 | 77 |
2018-10-01 | $154,800 (2.5%) | $181,380 (4.8%) | 0.00 | 78 |
2018-11-01 | $154,750 (3.9%) | $189,713 (10.0%) | 0.00 | 78 |
2018-12-01 | $159,900 (10.4%) | $186,023 (9.1%) | 0.00 | 78 |
2019-01-01 | $149,925 (6.2%) | $181,867 (14.3%) | 0.00 | 83 |
2019-02-01 | $154,925 (6.8%) | $179,956 (8.4%) | 0.00 | 89 |
2019-03-01 | $156,021 (4.1%) | $175,596 (0.4%) | 0.00 | 86 |
2019-04-01 | $159,675 (6.5%) | $177,533 (-0.1%) | 0.00 | 86 |
2019-05-01 | $161,200 (5.9%) | $181,739 (2.1%) | 0.00 | 91 |
2019-06-01 | $159,450 (4.9%) | $179,509 (2.0%) | 0.00 | 99 |
2019-07-01 | $158,000 (-3.5%) | $178,835 (-0.3%) | 0.00 | 107 |
2019-08-01 | $158,464 (-5.7%) | $180,908 (0.8%) | 0.00 | 104 |
2019-09-01 | $159,159 (1.5%) | $182,413 (4.9%) | 0.00 | 100 |
2019-10-01 | $159,523 (3.1%) | $181,794 (0.2%) | 0.00 | 95 |
2019-11-01 | $153,500 (-0.8%) | $177,308 (-6.5%) | 0.00 | 93 |
2019-12-01 | $151,500 (-5.3%) | $181,309 (-2.5%) | 0.00 | 81 |
2020-01-01 | $150,450 (0.4%) | $170,363 (-6.3%) | 0.00 | 74 |
2020-02-01 | $145,400 (-6.2%) | $174,212 (-3.2%) | 0.00 | 66 |
2020-03-01 | $159,500 (2.2%) | $186,923 (6.5%) | 0.00 | 48 |
2020-04-01 | $165,625 (3.7%) | $190,202 (7.1%) | 0.00 | 43 |
2020-05-01 | $142,450 (-11.6%) | $193,546 (6.5%) | 0.00 | 36 |
2020-06-01 | $158,225 (-0.8%) | $207,613 (15.7%) | 0.00 | 34 |
2020-07-01 | $150,475 (-4.8%) | $208,502 (16.6%) | 0.00 | 32 |
2020-08-01 | $139,900 (-11.7%) | $237,719 (31.4%) | 0.00 | 30 |
2020-09-01 | $135,950 (-14.6%) | $213,489 (17.0%) | 0.00 | 31 |
2020-10-01 | $156,500 (-1.9%) | $217,868 (19.8%) | 0.00 | 27 |
2020-11-01 | $141,225 (-8.0%) | $215,267 (21.4%) | 0.00 | 35 |
2020-12-01 | $143,675 (-5.2%) | $214,502 (18.3%) | 0.00 | 30 |
2021-01-01 | $154,250 (2.5%) | $209,364 (22.9%) | 0.00 | 33 |
2021-02-01 | $142,050 (-2.3%) | $210,733 (21.0%) | 0.00 | 27 |
2021-03-01 | $128,125 (-19.7%) | $184,211 (-1.5%) | 0.00 | 24 |
2021-04-01 | $138,575 (-16.3%) | $195,469 (2.8%) | 0.00 | 22 |
2021-05-01 | $149,500 (5.0%) | $238,553 (23.3%) | 0.00 | 15 |
2021-06-01 | $224,450 (41.9%) | $259,214 (24.9%) | 0.00 | 13 |
2021-07-01 | $242,000 (60.8%) | $248,306 (19.1%) | 0.00 | 16 |
2021-08-01 | $187,450 (34.0%) | $241,908 (1.8%) | 0.00 | 19 |
2021-09-01 | $158,550 (16.6%) | $237,373 (11.2%) | 0.00 | 15 |
2021-10-01 | $159,900 (2.2%) | $218,894 (0.5%) | 0.00 | 16 |
2021-11-01 | $166,250 (17.7%) | $212,997 (-1.1%) | 0.00 | 15 |
2021-12-01 | $159,900 (11.3%) | $215,547 (0.5%) | 0.00 | 14 |
2022-01-01 | $142,500 (-7.6%) | $192,700 (-8.0%) | 0.00 | 16 |
2022-02-01 | $153,225 (7.9%) | $198,613 (-5.8%) | 0.00 | 17 |
2022-03-01 | $156,175 (21.9%) | $205,187 (11.4%) | 0.00 | 16 |
2022-04-01 | $183,900 (32.7%) | $185,159 (-5.3%) | 0.00 | 20 |
2022-05-01 | $250,750 (67.7%) | $278,668 (16.8%) | 0.00 | 20 |
2022-06-01 | $303,500 (35.2%) | $289,757 (11.8%) | 0.00 | 25 |
2022-07-01 | $279,000 (15.3%) | $280,326 (12.9%) | 0.00 | 39 |
2022-08-01 | $314,725 (67.9%) | $308,634 (27.6%) | 0.00 | 32 |
2022-09-01 | $283,000 (78.5%) | $302,888 (27.6%) | 0.00 | 37 |
2022-10-01 | $260,000 (62.6%) | $309,762 (41.5%) | 0.00 | 40 |
2022-11-01 | $282,375 (69.9%) | $323,406 (51.8%) | 0.00 | 46 |
2022-12-01 | $285,000 (78.2%) | $317,229 (47.2%) | 0.00 | 42 |
2023-01-01 | $279,100 (95.9%) | $307,047 (59.3%) | 0.00 | 38 |
2023-02-01 | $286,499 (87.0%) | $332,579 (67.5%) | 0.00 | 32 |
2023-03-01 | $312,249 (99.9%) | $355,013 (73.0%) | 0.00 | 27 |
2023-04-01 | $297,498 (61.8%) | $324,800 (75.4%) | 0.00 | 24 |
2023-05-01 | $266,950 (6.5%) | $318,252 (14.2%) | 0.00 | 23 |
2023-06-01 | $287,500 (-5.3%) | $320,045 (10.5%) | 0.00 | 32 |
2023-07-01 | $294,750 (5.7%) | $335,515 (19.7%) | 0.00 | 32 |
2023-08-01 | $309,000 (-1.8%) | $346,752 (12.4%) | 0.00 | 29 |
Dodge City's median listing price comes in at 0% of the national average.
Dodge City's average listing price for 2023-08-01 was $346,752, a difference of $38,118 (12.4%) versus the prior year and $11,237 versus the prior month.
For the 2023-08-01 period, Dodge City had 29 MLS listings, a difference of -3 listings (-9%) versus the prior month and -3 listings (-9%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Dodge City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,471 sqft |
2018-02-01 | 0 days | 1,458 sqft |
2018-03-01 | 0 days | 1,458 sqft |
2018-04-01 | 0 days | 1,445 sqft |
2018-05-01 | 0 days | 1,467 sqft |
2018-06-01 | 0 days | 1,453 sqft |
2018-07-01 | 0 days | 1,454 sqft |
2018-08-01 | 0 days | 1,466 sqft |
2018-09-01 | 0 days | 1,476 sqft |
2018-10-01 | 0 days | 1,471 sqft |
2018-11-01 | 0 days | 1,476 sqft |
2018-12-01 | 0 days | 1,476 sqft |
2019-01-01 | 0 days | 1,472 sqft |
2019-02-01 | 0 days | 1,477 sqft |
2019-03-01 | 0 days | 1,471 sqft |
2019-04-01 | 0 days | 1,480 sqft |
2019-05-01 | 0 days | 1,458 sqft |
2019-06-01 | 0 days | 1,467 sqft |
2019-07-01 | 0 days | 1,431 sqft |
2019-08-01 | 0 days | 1,454 sqft |
2019-09-01 | 0 days | 1,471 sqft |
2019-10-01 | 0 days | 1,462 sqft |
2019-11-01 | 0 days | 1,438 sqft |
2019-12-01 | 0 days | 1,431 sqft |
2020-01-01 | 0 days | 1,437 sqft |
2020-02-01 | 0 days | 1,455 sqft |
2020-03-01 | 0 days | 1,468 sqft |
2020-04-01 | 0 days | 1,413 sqft |
2020-05-01 | 0 days | 1,394 sqft |
2020-06-01 | 0 days | 1,444 sqft |
2020-07-01 | 0 days | 1,414 sqft |
2020-08-01 | 0 days | 1,448 sqft |
2020-09-01 | 0 days | 1,448 sqft |
2020-10-01 | 0 days | 1,520 sqft |
2020-11-01 | 0 days | 1,468 sqft |
2020-12-01 | 0 days | 1,453 sqft |
2021-01-01 | 0 days | 1,458 sqft |
2021-02-01 | 0 days | 1,453 sqft |
2021-03-01 | 0 days | 1,423 sqft |
2021-04-01 | 0 days | 1,374 sqft |
2021-05-01 | 0 days | 1,463 sqft |
2021-06-01 | 0 days | 1,417 sqft |
2021-07-01 | 0 days | 1,732 sqft |
2021-08-01 | 0 days | 1,353 sqft |
2021-09-01 | 0 days | 1,225 sqft |
2021-10-01 | 0 days | 1,458 sqft |
2021-11-01 | 0 days | 1,568 sqft |
2021-12-01 | 0 days | 1,453 sqft |
2022-01-01 | 0 days | 1,256 sqft |
2022-02-01 | 0 days | 1,255 sqft |
2022-03-01 | 0 days | 1,260 sqft |
2022-04-01 | 0 days | 1,289 sqft |
2022-05-01 | 0 days | 1,558 sqft |
2022-06-01 | 0 days | 1,516 sqft |
2022-07-01 | 0 days | 1,524 sqft |
2022-08-01 | 0 days | 1,660 sqft |
2022-09-01 | 0 days | 1,601 sqft |
2022-10-01 | 0 days | 1,572 sqft |
2022-11-01 | 0 days | 1,532 sqft |
2022-12-01 | 0 days | 1,538 sqft |
2023-01-01 | 0 days | 1,562 sqft |
2023-02-01 | 0 days | 1,601 sqft |
2023-03-01 | 0 days | 1,787 sqft |
2023-04-01 | 0 days | 1,735 sqft |
2023-05-01 | 0 days | 1,800 sqft |
2023-06-01 | 0 days | 1,719 sqft |
2023-07-01 | 0 days | 1,612 sqft |
2023-08-01 | 0 days | 1,760 sqft |
Dodge City's median square footage for active listings during the 2023-08-01 period was 1,760 sqft. One year prior, the average listing was 1,660 sqft.
Dodge City, KS Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 266 | $51,790,000 | $194,699 |
Cash Out Refi | 56 | $7,900,000 | $141,071 |
Refi | 32 | $4,080,000 | $127,500 |
Other | 10 | $550,000 | $55,000 |
Home Improvement | 9 | $335,000 | $37,222 |
Dodge City's most frequently cited loan purpose was Home Purchase, with 266 originations. The 2nd most popular reason was Cash Out Refi, with 56 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 110 | $18,850,000 | $171,364 |
4-5% | 91 | $15,395,000 | $169,176 |
3-4% | 74 | $13,200,000 | $178,378 |
6-7% | 48 | $7,900,000 | $164,583 |
2.5-3% | 25 | $3,915,000 | $156,600 |
7-8% | 10 | $1,690,000 | $169,000 |
Over 8% | 5 | $495,000 | $99,000 |
<2.5% | 5 | $1,085,000 | $217,000 |
During 2022, Dodge City's most frequently originated rate bucket was 5-6%, with 110 originations.
Loan Sizing (Dodge City, KS MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 171 | $25,695,000 | $150,263 |
$200k-400k | 111 | $28,675,000 | $258,333 |
$100,000 or less | 84 | $5,420,000 | $64,524 |
$400k-600k | 6 | $2,980,000 | $496,667 |
$Over $1MM | 1 | $1,885,000 | $1,885,000 |
Dodge City's loan sizing saw the bucket of loans from $100k-200k with 171 originations, totaling $25,695,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 214 | $42,560,000 | $198,879 |
60-80% | 102 | $15,230,000 | $149,314 |
40-60% | 22 | $2,750,000 | $125,000 |
20-40% | 15 | $1,245,000 | $83,000 |
Under 20% | 13 | $275,000 | $21,154 |
Over 100% | 1 | $245,000 | $245,000 |
Dodge City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 214 originations, totaling $42,560,000 in origination value.