DUBUQUE Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Rent Data
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Dubuque averaged 6.61% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

    The average rate for the prior week (2023-09-07) was 6.65% and one month ago for the week of 2023-08-10, the average rate was 6.49%.

    Dubuque's average rate one year ago was 5.42%.

    For refis of the same type during the week of 2023-09-14, the average rate was 6.26%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-14 7.18%
    Dubuque 30 Year Fixed Rate 2023-09-14 6.61%
    Dubuque 30 Year Fixed Rate Refi 2023-09-14 6.26%
    Dubuque 15 Year Fixed Rate 2023-09-14 6%
    Dubuque 15 Year Fixed Rate Refi 2023-09-14 5.4%
    Dubuque 30 Year FHA 2023-09-14 7.19%
    Dubuque 30 Year FHA Refi 2023-09-14 6.89%
    Dubuque 30 Year USDA 2023-09-14 7.08%
    Dubuque 30 Year USDA Refi 2023-09-14 7.18%
    Dubuque 30 Year VA 2023-09-14 6.62%
    Dubuque 30 Year VA Refi 2023-09-14 7.01%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within DUBUQUE, IA.

    DUBUQUE 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 DUBUQUE, IA 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    DUPACO COMMUNITY 393 4.52% $2,567
    GREENSTATE CREDIT UNION 190 4.53% $1,862
    Collins Community Credit Union 102 4.55% $1,656
    MidWestOne Bank 101 4.53% $2,060
    IOWA BANKERS MORTGAGE CORPORATION 68 4.49% $2,634
    Fidelity Bank & Trust 53 5.19% $2,002
    DuTrac Community Credit Union 45 4.59% $2,099
    U.S. Bank 40 5.09% $2,876
    Deere Employees Credit Union 32 3.42% $2,619
    QUICKEN LOANS, LLC 18 5.16% $5,583
    MOVEMENT MORTGAGE, LLC 15 5.30% $3,377
    BROKER SOLUTIONS, INC. 14 4.80% $4,556
    Wells Fargo Bank 6 5.42% $5,205
    Community Savings Bank 5 5.20% $2,561
    THOMPSON KANE & COMPANY, LLC 4 5.06% $3,600
    The Huntington National Bank 4 3.93% $4,319
    NEWREZ LLC 4 4.47% $4,389
    VERIDIAN CREDIT UNION 4 3.69% $1,654
    GUILD MORTGAGE COMPANY 3 5.38% $2,317
    CARDINAL FINANCIAL 3 6.71% $4,793
    Farmers & Merchants Savings Bank 3 5.25% $3,251
    UNITED WHOLESALE MORTGAGE, LLC 3 6.17% $9,731
    FINANCE OF AMERICA MORTGAGE LLC 2 7.00% $8,895
    PREMIA MORTGAGE, LLC 2 5.75% $2,589
    Old National Bank 2 4.88% $5,590
    Ohnward Bank & Trust 2 4.75% $1,774
    GUARANTEED RATE, INC. 2 5.19% $3,427
    HOMESIDE FINANCIAL, LLC 2 4.00% $3,670
    Mound City Bank 2 5.13% $2,498
    Dubuque Bank and Trust Company 2 5.00% $3,817
    COMPASS MORTGAGE, INC. 2 6.38% $2,504
    RUHL MORTGAGE, LLC 2 5.75% $2,634
    Truist 1 5.50% $3,076
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.38% $2,668
    Wyndham Capital Mortgage, Inc. 1 5.13% $5,021
    AmeriHome Mortgage Company, LLC 1 5.63% $2,064
    AMERISAVE MORTGAGE CORPORATION 1 3.75% $6,884
    ASCENTRA 1 3.50% $2,770
    ATHAS CAPITAL GROUP, INC. 1 7.38% $6,343
    BankIowa of Cedar Rapids 1 4.25% $1,516
    Bank of America 1 5.00% $4,512
    Barrington Bank & Trust Company, N.A. 1 3.49% $1,916
    Baxter Credit Union 1 5.00% $2,069
    BETTER MORTGAGE CORPORATION 1 6.13% $1,947
    BNC National Bank 1 4.50% $3,031
    CANOPY MORTGAGE, LLC 1 4.25% $4,483
    Carrington Mortgage Services, LLC 1 4.75% $5,539
    City National Bank 1 5.65% $3,603
    Community Mortgage Banc Corporation 1 5.65% $4,684
    DAS Acquisition Company, LLC 1 5.63% $3,946
    EVERETT FINANCIAL, INC. 1 3.25% $2,069
    FREEDOM MORTGAGE CORPORATION 1 3.75% $4,957
    Gold Coast Bank 1 3.99% $2,876
    Ixonia Bank 1 4.75% $3,207
    LAKEVIEW LOAN SERVICING, LLC 1 3.88% $2,841
    Lincoln FSB of Nebraska 1 7.00% $2,654
    Lincoln Savings Bank 1 3.98% $3,368
    LINN AREA 1 5.63% $2,085
    Mortgage Research Center, LLC 1 5.88% $2,655
    NAVY FEDERAL CREDIT UNION 1 7.00% $2,120
    OAKTREE FUNDING CORP. 1 9.50% $15,684
    PENNYMAC LOAN SERVICES, LLC 1 7.13% $6,281
    Regions Bank 1 4.25% $3,077
    Royal Bank 1 5.50% $2,188
    Servion, Inc. 1 5.75% $2,200
    The First National Bank in Sioux Falls 1 3.75% $7,031

    DUBUQUE Average Closing Costs & Other Stats

    DUBUQUE, IA's 66 lenders originated 3,101 loans during 2022. The total origination value was $519,955,000, with an average loan value of $167,673.

    DUBUQUE's average closing costs are $2,560.

    The top DUBUQUE lender as defined by loan originations is DUPACO COMMUNITY, with 393 loans originated. Their average total fees are $2,567, which is $704 higher than the next largest lender, GREENSTATE CREDIT UNION.

    The lowest fee DUBUQUE lenders (with over 10 loans originated) are Collins Community Credit Union ($1,656), GREENSTATE CREDIT UNION ($1,862), Fidelity Bank & Trust ($2,002), MidWestOne Bank ($2,060) and DuTrac Community Credit Union ($2,099).

    The lowest rate DUBUQUE lenders (with over 10 loans originated) are Deere Employees Credit Union (3.42%), IOWA BANKERS MORTGAGE CORPORATION (4.49%), DUPACO COMMUNITY (4.52%), GREENSTATE CREDIT UNION (4.53%) and MidWestOne Bank (4.53%).

    DUBUQUE, IA 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
    DUPACO COMMUNITY $242,595,000 $142,930,000 -41.1% 27.5%
    GREENSTATE CREDIT UNION $57,835,000 $61,350,000 6.1% 11.8%
    MidWestOne Bank $192,260,000 $53,875,000 -72.0% 10.4%
    Fidelity Bank & Trust $98,635,000 $35,755,000 -63.8% 6.9%
    DuTrac Community Credit Union $27,640,000 $26,680,000 -3.5% 5.1%
    Collins Community Credit Union $36,430,000 $25,040,000 -31.3% 4.8%
    IOWA BANKERS MORTGAGE CORPORATION $40,335,000 $19,230,000 -52.3% 3.7%
    Premier Bank $25,145,000 $17,855,000 -29.0% 3.4%
    Dubuque Bank and Trust Company $25,445,000 $13,950,000 -45.2% 2.7%
    Deere Employees Credit Union $10,290,000 $13,620,000 32.4% 2.6%
    U.S. Bank $22,395,000 $13,460,000 -39.9% 2.6%
    QUICKEN LOANS, LLC $23,950,000 $9,165,000 -61.7% 1.8%
    MOVEMENT MORTGAGE, LLC $9,085,000 $8,035,000 -11.6% 1.5%
    Farmers State Bank $335,000 $6,750,000 1,914.9% 1.3%
    Mortgage Research Center, LLC $3,235,000 $6,620,000 104.6% 1.3%
    BROKER SOLUTIONS, INC. $4,920,000 $4,905,000 -0.3% 0.9%
    Community Savings Bank $19,090,000 $4,135,000 -78.3% 0.8%
    ALLIANT $3,825,000 $2,720,000 -28.9% 0.5%
    Mound City Bank $8,320,000 $2,180,000 -73.8% 0.4%
    Wells Fargo Bank $7,640,000 $2,005,000 -73.8% 0.4%
    Farmers & Merchants Savings Bank $1,705,000 $1,735,000 1.8% 0.3%
    GUILD MORTGAGE COMPANY $6,845,000 $1,730,000 -74.7% 0.3%
    Ohnward Bank & Trust $3,490,000 $1,695,000 -51.4% 0.3%
    AMERISAVE MORTGAGE CORPORATION $1,745,000 $1,680,000 -3.7% 0.3%
    The Huntington National Bank $225,000 $1,680,000 646.7% 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,205,000 $1,645,000 -25.4% 0.3%
    Citizens State Bank $4,155,000 $1,320,000 -68.2% 0.3%
    VERIDIAN CREDIT UNION $2,205,000 $1,285,000 -41.7% 0.2%
    GUARANTEED RATE, INC. $2,710,000 $1,235,000 -54.4% 0.2%
    THOMPSON KANE & COMPANY, LLC $1,220,000 n/a 0.2%
    UNITED WHOLESALE MORTGAGE, LLC $1,150,000 n/a 0.2%
    Security Financial Bank $1,105,000 n/a 0.2%
    FREEDOM MORTGAGE CORPORATION $5,095,000 $1,075,000 -78.9% 0.2%
    NEWREZ LLC $2,225,000 $1,025,000 -53.9% 0.2%
    PENNYMAC LOAN SERVICES, LLC $2,330,000 $1,025,000 -56.0% 0.2%
    Old National Bank $885,000 n/a 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $1,920,000 $860,000 -55.2% 0.2%
    LOANDEPOT.COM, LLC $2,885,000 $850,000 -70.5% 0.2%
    Servion, Inc. $3,105,000 $850,000 -72.6% 0.2%
    FINANCE OF AMERICA MORTGAGE LLC $195,000 $730,000 274.4% 0.1%
    RUHL MORTGAGE, LLC $6,565,000 $720,000 -89.0% 0.1%
    USAA Federal Savings Bank $2,205,000 $720,000 -67.3% 0.1%
    21ST MORTGAGE CORPORATION $695,000 $685,000 -1.4% 0.1%
    HOMESIDE FINANCIAL, LLC $95,000 $685,000 621.1% 0.1%
    City State Bank $645,000 n/a 0.1%
    Citizens Bank $625,000 n/a 0.1%
    Luana Savings Bank $790,000 $620,000 -21.5% 0.1%
    EVERETT FINANCIAL, INC. $590,000 n/a 0.1%
    Wisconsin Bank & Trust $295,000 $575,000 94.9% 0.1%
    PREMIA MORTGAGE, LLC $570,000 n/a 0.1%
    ALLIANT CREDIT UNION $555,000 n/a 0.1%
    COMPASS MORTGAGE, INC. $260,000 $510,000 96.2% 0.1%
    Citywide Banks $505,000 n/a 0.1%
    Regions Bank $445,000 n/a 0.1%
    The First National Bank in Sioux Falls $155,000 $445,000 187.1% 0.1%
    Bank of America $45,000 $430,000 855.6% 0.1%
    Baxter Credit Union $430,000 n/a 0.1%
    TRIAD FINANCIAL SERVICES, INC. $635,000 $430,000 -32.3% 0.1%
    Truist $255,000 $430,000 68.6% 0.1%
    OAKTREE FUNDING CORP. $425,000 n/a 0.1%
    NAVY FEDERAL CREDIT UNION $2,115,000 $420,000 -80.1% 0.1%
    NEW DAY FINANCIAL, LLC $2,305,000 $420,000 -81.8% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $1,350,000 $400,000 -70.4% 0.1%
    First Savings Bank $375,000 n/a 0.1%
    PNC Bank $2,030,000 $375,000 -81.5% 0.1%
    DAS Acquisition Company, LLC $335,000 $365,000 9.0% 0.1%
    Ixonia Bank $485,000 $340,000 -29.9% 0.1%
    North American Savings Bank, F.S.B. $335,000 n/a 0.1%
    Carrington Mortgage Services, LLC $170,000 $330,000 94.1% 0.1%
    City National Bank $325,000 n/a 0.1%
    Hills Bank and Trust Company $590,000 $325,000 -44.9% 0.1%
    MARINE $495,000 $310,000 -37.4% 0.1%
    VILLAGE CAPITAL MORTGAGE $440,000 $280,000 -36.4% 0.1%
    Northpointe Bank $375,000 $275,000 -26.7% 0.1%
    TOWNE MORTGAGE COMPANY $275,000 n/a 0.1%
    Flagstar Bank, FSB $1,065,000 $270,000 -74.6% 0.1%
    Community Mortgage Banc Corporation $265,000 n/a 0.1%
    Magnolia Bank $265,000 n/a 0.1%
    Merchants Bank $265,000 n/a 0.1%
    LINN AREA $510,000 $255,000 -50.0% 0.0%
    AmeriHome Mortgage Company, LLC $155,000 $245,000 58.1% 0.0%
    ATHAS CAPITAL GROUP, INC. $245,000 n/a 0.0%
    Wyndham Capital Mortgage, Inc. $255,000 $245,000 -3.9% 0.0%
    ZILLOW HOME LOANS, LLC $245,000 n/a 0.0%
    American Bank and Trust Company $150,000 $235,000 56.7% 0.0%
    Barrington Bank & Trust Company, N.A. $680,000 $235,000 -65.4% 0.0%
    BETTER MORTGAGE CORPORATION $1,060,000 $225,000 -78.8% 0.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $340,000 $225,000 -33.8% 0.0%
    Lincoln FSB of Nebraska $225,000 n/a 0.0%
    MUTUAL OF OMAHA MORTGAGE, INC. $760,000 $225,000 -70.4% 0.0%
    Royal Bank $275,000 $220,000 -20.0% 0.0%
    Blackhawk Bank & Trust $215,000 n/a 0.0%
    Gold Coast Bank $215,000 n/a 0.0%
    Badger Bank $195,000 n/a 0.0%
    The Federal Savings Bank $750,000 $195,000 -74.0% 0.0%
    CALIBER HOME LOANS, INC. $2,345,000 $185,000 -92.1% 0.0%
    Bank of England $175,000 n/a 0.0%
    NATIONS RELIABLE LENDING, LLC $175,000 n/a 0.0%
    Lincoln Savings Bank $155,000 $170,000 9.7% 0.0%
    ASCENTRA $165,000 n/a 0.0%
    SUN WEST MORTGAGE COMPANY, INC. $165,000 n/a 0.0%
    Five Points Bank $155,000 n/a 0.0%
    INLANTA MORTGAGE, INC. $245,000 $155,000 -36.7% 0.0%
    Commerce Home Mortgage, Inc. $145,000 n/a 0.0%
    PLANET HOME LENDING, LLC $145,000 n/a 0.0%
    RESIDENTIAL BANCORP. $225,000 $145,000 -35.6% 0.0%
    BankIowa of Cedar Rapids $115,000 $135,000 17.4% 0.0%
    Figure Lending LLC $110,000 $135,000 22.7% 0.0%
    AMERICAN PACIFIC MORTGAGE CORPORATION $115,000 n/a 0.0%
    CHURCHILL MORTGAGE CORPORATION $105,000 $115,000 9.5% 0.0%
    M&T Bank $115,000 n/a 0.0%
    Quad City Bank and Trust Company $155,000 $115,000 -25.8% 0.0%
    CANOPY MORTGAGE, LLC $105,000 n/a 0.0%
    Contract Exchange Corporation $235,000 $105,000 -55.3% 0.0%
    EMBRACE HOME LOANS, INC. $105,000 n/a 0.0%
    Farmers State Bank $335,000 $105,000 -68.7% 0.0%
    United Bank of Iowa $105,000 n/a 0.0%
    Ally Bank $135,000 $95,000 -29.6% 0.0%
    LIMA ONE CAPITAL, LLC $95,000 n/a 0.0%
    Midwest Heritage Bank FSB $410,000 $90,000 -78.0% 0.0%
    PHH Mortgage Corporation $85,000 n/a 0.0%
    BNC National Bank $75,000 n/a 0.0%
    QUORUM FEDERAL CREDIT UNION $75,000 n/a 0.0%
    First Interstate Bank $65,000 n/a 0.0%
    NUMARK CREDIT UNION $25,000 $65,000 160.0% 0.0%
    Bethpage Federal Credit Union $55,000 n/a 0.0%
    PENTAGON FEDERAL CREDIT UNION $390,000 $55,000 -85.9% 0.0%
    ROYAL UNITED MORTGAGE LLC $170,000 $55,000 -67.6% 0.0%
    Vibrant Credit Union $405,000 $55,000 -86.4% 0.0%
    Centier Bank $130,000 $45,000 -65.4% 0.0%
    MidAmerica National Bank $35,000 n/a 0.0%
    STAR USA FEDERAL CREDIT UNION $35,000 n/a 0.0%

    DUBUQUE's top lender by overall market share is DUPACO COMMUNITY, with 27.5% market share. In second place, with 11.8%, is GREENSTATE CREDIT UNION, having originated $61,350,000 in loans. In third place, with 10.4%, is MidWestOne Bank, having originated $53,875,000 in loans. In fourth place, with 6.9%, is Fidelity Bank & Trust, having originated $35,755,000 in loans. In fifth place, with 5.1%, is DuTrac Community Credit Union, having originated $26,680,000 in loans.

    DUBUQUE, IA Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    52001 Dubuque, IA $540 $620 $820 $1,090 $1,400
    52002 Dubuque, IA $630 $720 $950 $1,270 $1,630
    52003 Dubuque, IA $600 $680 $900 $1,200 $1,540
    52004 Dubuque, IA $550 $630 $830 $1,110 $1,420
    52031 Dubuque, IA $490 $560 $740 $990 $1,270
    52032 Dubuque, IA $520 $590 $780 $1,040 $1,260
    52033 Dubuque, IA $520 $590 $780 $1,040 $1,240
    52039 Dubuque, IA $570 $650 $850 $1,140 $1,460
    52040 Dubuque, IA $500 $570 $750 $1,000 $1,280
    52045 Dubuque, IA $520 $590 $780 $1,040 $1,340
    52046 Dubuque, IA $570 $650 $860 $1,150 $1,470
    52052 Dubuque, IA $490 $560 $740 $990 $1,260
    52053 Dubuque, IA $490 $560 $740 $990 $1,260
    52054 Dubuque, IA $490 $560 $740 $990 $1,260
    52056 Dubuque, IA $550 $630 $830 $1,110 $1,420
    52065 Dubuque, IA $490 $560 $740 $990 $1,260
    52068 Dubuque, IA $520 $600 $790 $1,050 $1,350
    52073 Dubuque, IA $590 $680 $890 $1,190 $1,520
    52078 Dubuque, IA $490 $560 $740 $990 $1,260
    52079 Dubuque, IA $520 $600 $790 $1,050 $1,340
    52099 Dubuque, IA $550 $630 $830 $1,110 $1,420
    52237 Dubuque, IA $490 $560 $740 $990 $1,260

    2022 Average & Median Rent Data Statistics
    DUBUQUE, IA average 1BR rent: $607, median: $595
    DUBUQUE, IA average 2BR rent: $800, median: $785
    DUBUQUE, IA average 3BR rent: $1,069, median: $1,045

    DUBUQUE, IA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,589 $338,865,000 $213,257
    Refi 545 $81,495,000 $149,532
    Other 500 $32,230,000 $64,460
    Cash Out Refi 330 $58,190,000 $176,333
    Home Improvement 137 $9,175,000 $66,971

    Dubuque's most frequently cited loan purpose was Home Purchase, with 1,589 originations. The 2nd most popular reason was Refi, with 545 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    4-5% 820 $136,450,000 $166,402
    3-4% 788 $145,750,000 $184,962
    5-6% 541 $88,115,000 $162,874
    6-7% 249 $35,025,000 $140,663
    <2.5% 229 $32,795,000 $143,210
    2.5-3% 223 $39,045,000 $175,090
    7-8% 95 $9,495,000 $99,947
    Over 8% 52 $3,530,000 $67,885

    During 2022, Dubuque's most frequently originated rate bucket was 4-5%, with 820 originations.

    Loan Sizing (DUBUQUE, IA MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 1,172 $59,740,000 $50,973
    $100k-200k 1,077 $157,275,000 $146,031
    $200k-400k 672 $182,040,000 $270,893
    $400k-600k 134 $63,500,000 $473,881
    $600k-1000k 35 $24,045,000 $687,000
    $Over $1MM 11 $33,355,000 $3,032,273

    DUBUQUE's loan sizing saw the bucket of loans from $100,000 or less with 1,172 originations, totaling $59,740,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 909 $210,375,000 $231,436
    60-80% 708 $147,230,000 $207,952
    Under 20% 578 $32,460,000 $56,159
    20-40% 443 $41,055,000 $92,675
    40-60% 321 $50,205,000 $156,402
    Over 100% 20 $6,490,000 $324,500

    DUBUQUE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 909 originations, totaling $210,375,000 in origination value.