Dumas Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Dumas averaged 6.78% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 7.02% and one month ago for the week of 2024-03-07, the average rate was 6.98%.

Dumas's average rate one year ago was 6.08%.

For refis of the same type during the week of 2024-04-11, the average rate was 6.98%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Dumas 30 Year Fixed Rate 2024-04-11 6.78%
Dumas 30 Year Fixed Rate Refi 2024-04-11 6.98%
Dumas 15 Year Fixed Rate 2024-04-11 6.06%
Dumas 15 Year Fixed Rate Refi 2024-04-11 6.86%
Dumas 30 Year FHA 2024-04-11 6.97%
Dumas 30 Year FHA Refi 2024-04-11 7.04%
Dumas 30 Year USDA 2024-04-11 6.81%
Dumas 30 Year USDA Refi 2024-04-11 6.91%
Dumas 30 Year VA 2024-04-11 6.77%
Dumas 30 Year VA Refi 2024-04-11 6.77%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Dumas, TX.

Dumas 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 Dumas, TX 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
HOMETRUST MORTGAGE COMPANY 12 6.70% $6,346
Amarillo National Bank 9 6.51% $4,412
QUICKEN LOANS, LLC 5 7.05% $6,207
PREMIER LENDING, INC. 4 5.12% $4,919
AmeriHome Mortgage Company, LLC 3 7.83% $4,975
Access Community Credit Union 2 7.31% $6,397
AMCAP MORTGAGE, LTD. 2 7.06% $8,455
ASSOCIATED MORTGAGE CORPORATION 2 6.88% $4,685
Centennial Bank 2 6.19% $5,010
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.25% $7,578
Prosperity Home Mortgage, LLC 2 6.63% $8,978
ROYAL UNITED MORTGAGE LLC 2 7.38% $7,903
TIB The Independent Bankersbank 2 7.38% $3,724
UNITED WHOLESALE MORTGAGE, LLC 2 7.56% $5,815
Wells Fargo Bank 2 7.56% $4,529
LOANPAL, LLC 1 6.99% $9,299
NEWREZ LLC 1 7.13% $7,689
CARDINAL FINANCIAL 1 6.50% $5,145
RBC Bank, (Georgia) 1 5.38% $2,727
TEXAS TECH 1 6.88% $4,060
PROVIDENT FUNDING ASSOCIATES, L.P. 1 7.38% $4,537
Bank of America 1 6.13% $5,527
Flagstar Bank, FSB 1 5.88% $4,302
FLAT BRANCH MORTGAGE, INC. 1 7.49% $4,252
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.25% $11,504
Ixonia Bank 1 6.75% $4,864
Lakeview Community Capital, LLC 1 6.88% $8,555
LEADERONE FINANCIAL CORPORATION 1 6.50% $4,318

Dumas Average Closing Costs & Other Stats

Dumas, TX's 28 lenders originated 190 loans during 2023. The total origination value was $33,490,000, with an average loan value of $176,263.

Dumas's average closing costs are $5,901.

The top Dumas lender as defined by loan originations is HOMETRUST MORTGAGE COMPANY, with 12 loans originated. Their average total fees are $6,346, which is $1,934 higher than the next largest lender, Amarillo National Bank.

The lowest fee Dumas lenders (with over 10 loans originated) are HOMETRUST MORTGAGE COMPANY ($6,346), .

The lowest rate Dumas lenders (with over 10 loans originated) are HOMETRUST MORTGAGE COMPANY (6.70%), .

Dumas, TX 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
HOMETRUST MORTGAGE COMPANY $9,040,000 $6,955,000 -23.1% 20.8%
Amarillo National Bank $3,825,000 $3,600,000 -5.9% 10.7%
ASSOCIATED MORTGAGE CORPORATION $950,000 $2,305,000 142.6% 6.9%
PREMIER LENDING, INC. $420,000 $1,790,000 326.2% 5.3%
CARDINAL FINANCIAL $420,000 $1,205,000 186.9% 3.6%
EVERETT FINANCIAL, INC. $1,650,000 $1,200,000 -27.3% 3.6%
QUICKEN LOANS, LLC $2,980,000 $1,140,000 -61.7% 3.4%
UNITED WHOLESALE MORTGAGE, LLC $635,000 $1,070,000 68.5% 3.2%
ACADEMY MORTGAGE CORPORATION $930,000 n/a 2.8%
Centennial Bank $2,375,000 $825,000 -65.3% 2.5%
First United Bank $750,000 n/a 2.2%
SECURITYNATIONAL MORTGAGE COMPANY $605,000 n/a 1.8%
SUN WEST MORTGAGE COMPANY, INC. $95,000 $580,000 510.5% 1.7%
TIB The Independent Bankersbank $210,000 $570,000 171.4% 1.7%
TEXAS TECH $145,000 $535,000 269.0% 1.6%
NATIONS RELIABLE LENDING, LLC $1,070,000 $530,000 -50.5% 1.6%
Prosperity Home Mortgage, LLC $125,000 $525,000 320.0% 1.6%
Mortgage Research Center, LLC $1,465,000 $520,000 -64.5% 1.6%
21ST MORTGAGE CORPORATION $305,000 $510,000 67.2% 1.5%
AMCAP MORTGAGE, LTD. $1,020,000 $495,000 -51.5% 1.5%
FirstBank Southwest $925,000 $430,000 -53.5% 1.3%
Access Community Credit Union $270,000 $400,000 48.1% 1.2%
FLAT BRANCH MORTGAGE, INC. $400,000 n/a 1.2%
AmeriHome Mortgage Company, LLC $385,000 n/a 1.1%
ROYAL UNITED MORTGAGE LLC $210,000 $350,000 66.7% 1.0%
GUILD MORTGAGE COMPANY $345,000 n/a 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $315,000 $335,000 6.3% 1.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $540,000 $310,000 -42.6% 0.9%
Wells Fargo Bank $570,000 $270,000 -52.6% 0.8%
FREEDOM MORTGAGE CORPORATION $260,000 $255,000 -1.9% 0.8%
1ST SIGNATURE LENDING, LLC $245,000 n/a 0.7%
AMERICAN FINANCIAL NETWORK, INC. $215,000 n/a 0.6%
TEXOMA COMMUNITY CREDIT UNION $215,000 n/a 0.6%
PROVIDENT FUNDING ASSOCIATES, L.P. $195,000 n/a 0.6%
LEADERONE FINANCIAL CORPORATION $395,000 $175,000 -55.7% 0.5%
LOANPAL, LLC $175,000 n/a 0.5%
RBC Bank, (Georgia) $175,000 n/a 0.5%
S1L, Inc. $205,000 $175,000 -14.6% 0.5%
BROKER SOLUTIONS, INC. $455,000 $165,000 -63.7% 0.5%
Ixonia Bank $165,000 n/a 0.5%
Lakeview Community Capital, LLC $65,000 $165,000 153.8% 0.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $420,000 $150,000 -64.3% 0.4%
CALCON MUTUAL MORTGAGE LLC $145,000 n/a 0.4%
NEWREZ LLC $135,000 n/a 0.4%
Plains Commerce Bank $105,000 $105,000 0.0% 0.3%
First National Bank Texas $95,000 n/a 0.3%
SOUTHWEST STAGE FUNDING, LLC $145,000 $95,000 -34.5% 0.3%
Bank of America $75,000 $85,000 13.3% 0.3%
Flagstar Bank, FSB $85,000 n/a 0.3%
AMARILLO COMMUNITY $255,000 $75,000 -70.6% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $105,000 $55,000 -47.6% 0.2%
Discover Bank $45,000 $45,000 0.0% 0.1%

Dumas's top lender by overall market share is HOMETRUST MORTGAGE COMPANY, with 20.8% market share. In second place, with 10.7%, is Amarillo National Bank, having originated $3,600,000 in loans. In third place, with 6.9%, is ASSOCIATED MORTGAGE CORPORATION, having originated $2,305,000 in loans. In fourth place, with 5.3%, is PREMIER LENDING, INC., having originated $1,790,000 in loans. In fifth place, with 3.6%, is CARDINAL FINANCIAL, having originated $1,205,000 in loans.


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

Realtor.com - Dumas (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 $199,964 (42.9%) $218,690 (39.2%) 0.00 43
2018-02-01 $199,900 (49.5%) $222,391 (42.4%) 0.00 43
2018-03-01 $189,250 (18.7%) $205,256 (10.3%) 0.00 42
2018-04-01 $186,750 (17.5%) $206,309 (12.1%) 0.00 43
2018-05-01 $187,125 (25.0%) $201,396 (15.6%) 0.00 44
2018-06-01 $199,000 (23.5%) $215,853 (12.3%) 0.00 54
2018-07-01 $196,625 (21.0%) $210,451 (9.0%) 0.00 66
2018-08-01 $193,625 (3.3%) $206,298 (2.1%) 0.00 66
2018-09-01 $192,500 (11.9%) $207,039 (3.7%) 0.00 66
2018-10-01 $199,000 (2.3%) $218,218 (1.8%) 0.00 62
2018-11-01 $196,750 (-1.6%) $211,942 (-1.0%) 0.00 60
2018-12-01 $198,500 (-0.7%) $208,309 (-4.7%) 0.00 56
2019-01-01 $192,875 (-3.6%) $199,808 (-8.6%) 0.00 59
2019-02-01 $188,500 (-5.7%) $197,080 (-11.4%) 0.00 66
2019-03-01 $169,143 (-10.6%) $193,218 (-5.9%) 0.00 63
2019-04-01 $151,143 (-19.1%) $185,071 (-10.3%) 0.00 58
2019-05-01 $175,225 (-6.4%) $185,749 (-7.8%) 0.00 57
2019-06-01 $166,000 (-16.6%) $188,943 (-12.5%) 0.00 62
2019-07-01 $164,125 (-16.5%) $183,851 (-12.6%) 0.00 62
2019-08-01 $168,000 (-13.2%) $185,351 (-10.2%) 0.00 59
2019-09-01 $174,750 (-9.2%) $190,109 (-8.2%) 0.00 55
2019-10-01 $179,350 (-9.9%) $193,281 (-11.4%) 0.00 53
2019-11-01 $185,000 (-6.0%) $189,027 (-10.8%) 0.00 56
2019-12-01 $143,000 (-28.0%) $175,598 (-15.7%) 0.00 64
2020-01-01 $135,000 (-30.0%) $167,610 (-16.1%) 0.00 63
2020-02-01 $130,000 (-31.0%) $163,270 (-17.2%) 0.00 56
2020-03-01 $131,500 (-22.3%) $161,953 (-16.2%) 0.00 60
2020-04-01 $134,450 (-11.0%) $163,875 (-11.5%) 0.00 61
2020-05-01 $133,500 (-23.8%) $162,901 (-12.3%) 0.00 59
2020-06-01 $130,500 (-21.4%) $169,916 (-10.1%) 0.00 45
2020-07-01 $159,900 (-2.6%) $171,372 (-6.8%) 0.00 45
2020-08-01 $159,700 (-4.9%) $173,102 (-6.6%) 0.00 46
2020-09-01 $157,900 (-9.6%) $173,637 (-8.7%) 0.00 43
2020-10-01 $148,450 (-17.2%) $175,293 (-9.3%) 0.00 42
2020-11-01 $159,925 (-13.6%) $177,847 (-5.9%) 0.00 39
2020-12-01 $152,450 (6.6%) $161,452 (-8.1%) 0.00 34
2021-01-01 $155,000 (14.8%) $179,908 (7.3%) 0.00 27
2021-02-01 $151,900 (16.9%) $187,089 (14.6%) 0.00 26
2021-03-01 $162,500 (23.6%) $208,688 (28.9%) 0.00 25
2021-04-01 $217,500 (61.8%) $223,065 (36.1%) 0.00 24
2021-05-01 $197,000 (47.6%) $216,950 (33.2%) 0.00 21
2021-06-01 $204,750 (56.9%) $216,812 (27.6%) 0.00 22
2021-07-01 $165,000 (3.2%) $201,578 (17.6%) 0.00 21
2021-08-01 $166,200 (4.1%) $184,935 (6.8%) 0.00 20
2021-09-01 $172,500 (9.3%) $200,542 (15.5%) 0.00 19
2021-10-01 $169,900 (14.5%) $196,758 (12.3%) 0.00 19
2021-11-01 $160,000 (0.1%) $169,188 (-4.9%) 0.00 21
2021-12-01 $163,750 (7.4%) $182,109 (12.8%) 0.00 19
2022-01-01 $162,500 (4.8%) $185,875 (3.3%) 0.00 18
2022-02-01 $169,500 (11.6%) $198,731 (6.2%) 0.00 18
2022-03-01 $142,250 (-12.5%) $163,685 (-21.6%) 0.00 16
2022-04-01 $182,000 (-16.3%) $213,188 (-4.4%) 0.00 18
2022-05-01 $196,000 (-0.5%) $227,661 (4.9%) 0.00 24
2022-06-01 $199,900 (-2.4%) $218,081 (0.6%) 0.00 29
2022-07-01 $200,000 (21.2%) $220,322 (9.3%) 0.00 31
2022-08-01 $198,675 (19.5%) $226,110 (22.3%) 0.00 32
2022-09-01 $223,125 (29.4%) $241,581 (20.5%) 0.00 36
2022-10-01 $210,000 (23.6%) $234,983 (19.4%) 0.00 38
2022-11-01 $198,075 (23.8%) $227,617 (34.5%) 0.00 40
2022-12-01 $179,500 (9.6%) $218,232 (19.8%) 0.00 40
2023-01-01 $167,783 (3.3%) $217,998 (17.3%) 0.00 48
2023-02-01 $178,750 (5.5%) $220,970 (11.2%) 0.00 47
2023-03-01 $190,000 (33.6%) $233,304 (42.5%) 0.00 44
2023-04-01 $235,000 (29.1%) $262,276 (23.0%) 0.00 32
2023-05-01 $234,750 (19.8%) $267,837 (17.7%) 0.00 26
2023-06-01 $230,000 (15.1%) $260,978 (19.7%) 0.00 27
2023-07-01 $220,000 (10.0%) $241,127 (9.4%) 0.00 32
2023-08-01 $220,000 (10.7%) $249,538 (10.4%) 0.00 35
2023-09-01 $220,000 (-1.4%) $255,877 (5.9%) 0.00 38
2023-10-01 $230,500 (9.8%) $249,683 (6.3%) 0.00 45
2023-11-01 $231,225 (16.7%) $260,378 (14.4%) 0.00 47
2023-12-01 $238,000 (32.6%) $264,439 (21.2%) 0.00 43
2024-01-01 $244,950 (46.0%) $274,721 (26.0%) 0.00 41
2024-02-01 $262,000 (46.6%) $276,130 (25.0%) 0.00 39
2024-03-01 $257,500 (35.5%) $289,211 (24.0%) 0.00 45
Dumas's median listing price for 2024-03-01 was $257,500, a difference of $67,500 (35.5%) versus the prior year and $-4,500 versus the prior month.

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

Dumas's average listing price for 2024-03-01 was $289,211, a difference of $55,907 (24.0%) versus the prior year and $13,081 versus the prior month.

For the 2024-03-01 period, Dumas had 45 MLS listings, a difference of 6 listings (15%) versus the prior month and 1 listings (2%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Dumas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,099 sqft
2018-02-01 0 days 2,121 sqft
2018-03-01 0 days 2,092 sqft
2018-04-01 0 days 1,810 sqft
2018-05-01 0 days 1,850 sqft
2018-06-01 0 days 2,276 sqft
2018-07-01 0 days 2,219 sqft
2018-08-01 0 days 2,200 sqft
2018-09-01 0 days 2,276 sqft
2018-10-01 0 days 2,308 sqft
2018-11-01 0 days 2,269 sqft
2018-12-01 0 days 2,184 sqft
2019-01-01 0 days 1,925 sqft
2019-02-01 0 days 1,945 sqft
2019-03-01 0 days 1,878 sqft
2019-04-01 0 days 1,787 sqft
2019-05-01 0 days 1,843 sqft
2019-06-01 0 days 1,882 sqft
2019-07-01 0 days 1,780 sqft
2019-08-01 0 days 1,838 sqft
2019-09-01 0 days 1,911 sqft
2019-10-01 0 days 1,953 sqft
2019-11-01 0 days 1,894 sqft
2019-12-01 0 days 1,776 sqft
2020-01-01 0 days 1,621 sqft
2020-02-01 0 days 1,596 sqft
2020-03-01 0 days 1,604 sqft
2020-04-01 0 days 1,666 sqft
2020-05-01 0 days 1,536 sqft
2020-06-01 0 days 1,552 sqft
2020-07-01 0 days 1,752 sqft
2020-08-01 0 days 1,707 sqft
2020-09-01 0 days 1,631 sqft
2020-10-01 0 days 1,431 sqft
2020-11-01 0 days 1,473 sqft
2020-12-01 0 days 1,450 sqft
2021-01-01 0 days 1,435 sqft
2021-02-01 0 days 1,398 sqft
2021-03-01 0 days 1,564 sqft
2021-04-01 0 days 1,794 sqft
2021-05-01 0 days 1,636 sqft
2021-06-01 0 days 1,802 sqft
2021-07-01 0 days 1,715 sqft
2021-08-01 0 days 1,555 sqft
2021-09-01 0 days 1,943 sqft
2021-10-01 0 days 1,467 sqft
2021-11-01 0 days 1,527 sqft
2021-12-01 0 days 1,643 sqft
2022-01-01 0 days 1,600 sqft
2022-02-01 0 days 1,725 sqft
2022-03-01 0 days 1,554 sqft
2022-04-01 0 days 1,756 sqft
2022-05-01 0 days 1,796 sqft
2022-06-01 0 days 1,710 sqft
2022-07-01 0 days 1,711 sqft
2022-08-01 0 days 1,629 sqft
2022-09-01 0 days 1,947 sqft
2022-10-01 0 days 1,981 sqft
2022-11-01 0 days 1,984 sqft
2022-12-01 0 days 1,807 sqft
2023-01-01 0 days 1,728 sqft
2023-02-01 0 days 1,638 sqft
2023-03-01 0 days 1,761 sqft
2023-04-01 0 days 2,167 sqft
2023-05-01 0 days 2,168 sqft
2023-06-01 0 days 2,064 sqft
2023-07-01 0 days 2,010 sqft
2023-08-01 0 days 2,003 sqft
2023-09-01 0 days 2,034 sqft
2023-10-01 0 days 1,966 sqft
2023-11-01 0 days 1,965 sqft
2023-12-01 0 days 1,835 sqft
2024-01-01 0 days 2,009 sqft
2024-02-01 0 days 2,188 sqft
2024-03-01 0 days 2,054 sqft
Dumas's median listing age (time on market) for 2024-03-01 was 0 days.

Dumas's median square footage for active listings during the 2024-03-01 period was 2,054 sqft. One year prior, the average listing was 1,761 sqft.

Dumas, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 163 $29,955,000 $183,773
Cash Out Refi 11 $1,805,000 $164,091
Other 9 $445,000 $49,444
Refi 7 $1,285,000 $183,571

Dumas's most frequently cited loan purpose was Home Purchase, with 163 originations. The 2nd most popular reason was Cash Out Refi, with 11 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 83 $16,195,000 $195,120
7-8% 56 $10,360,000 $185,000
Over 8% 25 $2,485,000 $99,400
5-6% 20 $4,000,000 $200,000
<2.5% 4 $20,000 $5,000

During 2023, Dumas's most frequently originated rate bucket was 6-7%, with 83 originations.

Loan Sizing (Dumas, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 100 $15,630,000 $156,300
$200k-400k 62 $15,890,000 $256,290
$100,000 or less 27 $1,555,000 $57,593
$400k-600k 1 $415,000 $415,000

Dumas's loan sizing saw the bucket of loans from $100k-200k with 100 originations, totaling $15,630,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 141 $26,825,000 $190,248
60-80% 25 $4,265,000 $170,600
40-60% 9 $1,585,000 $176,111
Under 20% 8 $110,000 $13,750
20-40% 5 $275,000 $55,000

Dumas's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 141 originations, totaling $26,825,000 in origination value.