DUBUQUE Mortgage Rates & Closing Costs
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% |
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.).
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)
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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.