Dumas Mortgage Rates
30 Year Fixed Rate mortgages in Dumas averaged
6.36%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
6.03% and
one month ago for the week of 2022-05-19, the
average rate was 5.9%.
Dumas's average rate one year ago was 3.26%.
For refis of the same type during the week of 2022-06-23, the average rate
was 6.06%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
Dumas 30 Year Fixed Rate | 2022-06-23 | 6.36% |
Dumas 30 Year Fixed Rate Refi | 2022-06-23 | 6.06% |
Dumas 15 Year Fixed Rate | 2022-06-23 | 6.08% |
Dumas 15 Year Fixed Rate Refi | 2022-06-23 | 5.13% |
Dumas 30 Year FHA | 2022-06-23 | 0.5% |
Dumas 30 Year FHA Refi | 2022-06-23 | 0.04% |
Dumas 30 Year USDA | 2022-06-23 | 0.25% |
Dumas 30 Year USDA Refi | 2022-06-23 | 2.8% |
Dumas 30 Year VA | 2022-06-23 | 0.89% |
Dumas 30 Year VA Refi | 2022-06-23 | 0.27% |
Dumas Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, 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.).
Dumas, TX's 36 lenders originated 363
loans during 2021. The total origination value was $59,475,000, with an average loan value of
$163,843.
The top Dumas lender as defined by loan originations is HOMETRUST MORTGAGE COMPANY, with
23 loans originated. Their average total fees are
$4,539, which is $494
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Dumas lenders (with over 10 loans originated) are
HOMETRUST MORTGAGE COMPANY ($4,539), QUICKEN LOANS, LLC ($5,033), .
The lowest rate Dumas lenders (with over 10 loans originated) are
HOMETRUST MORTGAGE COMPANY (3.21%), QUICKEN LOANS, LLC (3.35%), .
Dumas, TX Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
HOMETRUST MORTGAGE COMPANY | $17,230,000 | $11,240,000 | -34.8% | 18.9% |
QUICKEN LOANS, LLC | $5,360,000 | $5,435,000 | 1.4% | 9.1% |
J. VIRGIL, INC. | $4,555,000 | n/a | 7.7% | |
Amarillo National Bank | $3,895,000 | $3,750,000 | -3.7% | 6.3% |
Happy State Bank | $3,670,000 | $2,980,000 | -18.8% | 5.0% |
FREEDOM MORTGAGE CORPORATION | $1,695,000 | $2,430,000 | 43.4% | 4.1% |
LOANDEPOT.COM, LLC | $3,435,000 | $1,835,000 | -46.6% | 3.1% |
AMCAP MORTGAGE, LTD. | $2,550,000 | $1,365,000 | -46.5% | 2.3% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,190,000 | $1,290,000 | 8.4% | 2.2% |
LAKEVIEW LOAN SERVICING, LLC | $1,110,000 | n/a | 1.9% | |
FirstBank Southwest | $135,000 | $1,065,000 | 688.9% | 1.8% |
Mr. Cooper ( Nationstar Mortgage ) | $1,700,000 | $1,030,000 | -39.4% | 1.7% |
NEWREZ LLC | $175,000 | $1,005,000 | 474.3% | 1.7% |
CALIBER HOME LOANS, INC. | $525,000 | $990,000 | 88.6% | 1.7% |
TIB The Independent Bankersbank | $1,700,000 | $930,000 | -45.3% | 1.6% |
First Bank & Trust | $205,000 | $880,000 | 329.3% | 1.5% |
Wells Fargo Bank | $185,000 | $760,000 | 310.8% | 1.3% |
NATIONS RELIABLE LENDING, LLC | $865,000 | $745,000 | -13.9% | 1.3% |
HOME POINT FINANCIAL CORPORATION | $935,000 | $705,000 | -24.6% | 1.2% |
Network Funding, L.P. | $555,000 | $670,000 | 20.7% | 1.1% |
EVERETT FINANCIAL, INC. | $2,520,000 | $660,000 | -73.8% | 1.1% |
PENNYMAC LOAN SERVICES, LLC | $250,000 | $630,000 | 152.0% | 1.1% |
21ST MORTGAGE CORPORATION | $330,000 | $595,000 | 80.3% | 1.0% |
Hometown Lenders, Inc. | $535,000 | n/a | 0.9% | |
Mortgage Research Center, LLC | $125,000 | $520,000 | 316.0% | 0.9% |
Lakeview Community Capital, LLC | $125,000 | $515,000 | 312.0% | 0.9% |
Herring Bank | $1,265,000 | $510,000 | -59.7% | 0.9% |
UNIVERSAL LENDING CORPORATION | $475,000 | n/a | 0.8% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $515,000 | $445,000 | -13.6% | 0.7% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $445,000 | $425,000 | -4.5% | 0.7% |
JPMorgan Chase Bank | $245,000 | $420,000 | 71.4% | 0.7% |
AMERICAN FINANCIAL NETWORK, INC. | $380,000 | n/a | 0.6% | |
VILLAGE CAPITAL & INVESTMENT LLC | $735,000 | $365,000 | -50.3% | 0.6% |
FINANCE OF AMERICA MORTGAGE LLC | $195,000 | $350,000 | 79.5% | 0.6% |
AmeriHome Mortgage Company, LLC | $555,000 | $335,000 | -39.6% | 0.6% |
First Guaranty Mortgage Corporation | $320,000 | n/a | 0.5% | |
CMG MORTGAGE, INC. | $300,000 | n/a | 0.5% | |
First National Bank Texas | $395,000 | $300,000 | -24.1% | 0.5% |
U.S. Bank | $180,000 | $290,000 | 61.1% | 0.5% |
NAVY FEDERAL CREDIT UNION | $265,000 | n/a | 0.4% | |
NexBank | $265,000 | n/a | 0.4% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $255,000 | n/a | 0.4% | |
Truist Bank | $255,000 | n/a | 0.4% | |
BETTER MORTGAGE CORPORATION | $245,000 | n/a | 0.4% | |
D. L. Evans Bank | $235,000 | n/a | 0.4% | |
COUNTRYPLACE MORTGAGE, LTD. | $225,000 | n/a | 0.4% | |
Flagstar Bank, FSB | $730,000 | $225,000 | -69.2% | 0.4% |
ASSOCIATED MORTGAGE CORPORATION | $680,000 | $215,000 | -68.4% | 0.4% |
OCEANSIDE MORTGAGE COMPANY | $205,000 | n/a | 0.3% | |
PHH Mortgage Corporation | $205,000 | n/a | 0.3% | |
ROYAL UNITED MORTGAGE LLC | $255,000 | $200,000 | -21.6% | 0.3% |
CELEBRITY HOME LOANS, LLC | $195,000 | n/a | 0.3% | |
MID AMERICA MORTGAGE, INC. | $255,000 | $195,000 | -23.5% | 0.3% |
Education Credit Union | $235,000 | $190,000 | -19.1% | 0.3% |
STEARNS LENDING, LLC | $185,000 | n/a | 0.3% | |
Vista Bank | $185,000 | n/a | 0.3% | |
Prosperity Home Mortgage, LLC | $180,000 | n/a | 0.3% | |
CHURCHILL MORTGAGE CORPORATION | $715,000 | $175,000 | -75.5% | 0.3% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $165,000 | n/a | 0.3% | |
MORIA DEVELOPMENT, INC. | $165,000 | n/a | 0.3% | |
TRIAD FINANCIAL SERVICES, INC. | $220,000 | $155,000 | -29.5% | 0.3% |
INTERLINC MORTGAGE SERVICES, LLC | $145,000 | n/a | 0.2% | |
Sierra Pacific Mortgage Company, Inc. | $145,000 | n/a | 0.2% | |
THRIVE MORTGAGE, LLC | $145,000 | n/a | 0.2% | |
BROKER SOLUTIONS, INC. | $275,000 | $135,000 | -50.9% | 0.2% |
Citibank | $135,000 | n/a | 0.2% | |
USAA Federal Savings Bank | $135,000 | n/a | 0.2% | |
RANLIFE, INC. | $125,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $105,000 | $115,000 | 9.5% | 0.2% |
Citizens Bank | $340,000 | $85,000 | -75.0% | 0.1% |
Colonial Savings, F.A. | $115,000 | $85,000 | -26.1% | 0.1% |
COMPEER FINANCIAL, FLCA | $85,000 | n/a | 0.1% | |
LEADERONE FINANCIAL CORPORATION | $125,000 | $85,000 | -32.0% | 0.1% |
Manufacturers and Traders Trust Company | $85,000 | n/a | 0.1% | |
SOUTHWEST STAGE FUNDING, LLC | $135,000 | $85,000 | -37.0% | 0.1% |
TEXAS TECH | $85,000 | n/a | 0.1% | |
GREAT WESTERN FINANCIAL SERVICES, INC. | $75,000 | n/a | 0.1% |
Dumas's top lender by overall market share is HOMETRUST MORTGAGE COMPANY, with 18.9% market share. In second place, with 9.1%, is QUICKEN LOANS, LLC, having originated $5,435,000 in loans. In third place, with 7.7%, is J. VIRGIL, INC., having originated $4,555,000 in loans. In third place, with 6.3%, is Amarillo National Bank, having originated $3,750,000 in loans. In third place, with 5.0%, is Happy State Bank, having originated $2,980,000 in loans.
Dumas, TX Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 202 | $35,010,000 | $173,317 |
Refi | 126 | $19,560,000 | $155,238 |
Cash Out Refi | 30 | $4,590,000 | $153,000 |
Home Improvement | 3 | $175,000 | $58,333 |
Other | 2 | $140,000 | $70,000 |
Dumas's most frequently cited loan purpose was Home Purchase, with 202 originations. The 2nd most popular reason was Refi, with 126 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 150 | $25,720,000 | $171,467 |
2.5-3% | 120 | $20,190,000 | $168,250 |
<2.5% | 45 | $7,305,000 | $162,333 |
4-5% | 18 | $2,460,000 | $136,667 |
5-6% | 6 | $940,000 | $156,667 |
6-7% | 5 | $495,000 | $99,000 |
Over 8% | 4 | $270,000 | $67,500 |
7-8% | 3 | $335,000 | $111,667 |
During 2021, Dumas's most frequently originated rate bucket was 3-4%, with 150 originations.
Loan Sizing (Dumas, TX MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 215 | $32,265,000 | $150,070 |
$200k-400k | 86 | $21,820,000 | $253,721 |
$100,000 or less | 60 | $4,540,000 | $75,667 |
$400k-600k | 2 | $850,000 | $425,000 |
Dumas's loan sizing saw the bucket of loans from $100k-200k with 215 originations, totaling $32,265,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 226 | $38,880,000 | $172,035 |
60-80% | 68 | $11,220,000 | $165,000 |
40-60% | 30 | $3,770,000 | $125,667 |
20-40% | 4 | $260,000 | $65,000 |
Over 100% | 3 | $695,000 | $231,667 |
Under 20% | 2 | $10,000 | $5,000 |
Dumas's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 226 originations, totaling $38,880,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Dumas (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 | $215,950 (51.1%) | $224,353 (42.3%) | 0.00 | 40 |
2018-02-01 | $199,900 (47.5%) | $221,259 (41.7%) | 0.00 | 40 |
2018-03-01 | $189,500 (18.9%) | $207,905 (11.8%) | 0.00 | 41 |
2018-04-01 | $189,750 (18.7%) | $214,589 (16.2%) | 0.00 | 41 |
2018-05-01 | $192,250 (22.5%) | $211,074 (20.1%) | 0.00 | 45 |
2018-06-01 | $203,000 (24.0%) | $218,015 (11.1%) | 0.00 | 54 |
2018-07-01 | $199,000 (22.5%) | $214,080 (12.1%) | 0.00 | 67 |
2018-08-01 | $195,750 (4.4%) | $211,157 (7.0%) | 0.00 | 67 |
2018-09-01 | $192,500 (2.7%) | $208,592 (6.6%) | 0.00 | 70 |
2018-10-01 | $199,500 (2.4%) | $220,208 (3.9%) | 0.00 | 64 |
2018-11-01 | $200,000 (-0.1%) | $215,804 (-1.4%) | 0.00 | 61 |
2018-12-01 | $200,000 (-0.1%) | $210,873 (-8.2%) | 0.00 | 59 |
2019-01-01 | $197,000 (-8.8%) | $203,537 (-9.3%) | 0.00 | 60 |
2019-02-01 | $192,250 (-3.8%) | $199,654 (-9.8%) | 0.00 | 66 |
2019-03-01 | $176,429 (-6.9%) | $196,601 (-5.4%) | 0.00 | 65 |
2019-04-01 | $166,429 (-12.3%) | $190,698 (-11.1%) | 0.00 | 60 |
2019-05-01 | $185,000 (-3.8%) | $190,755 (-9.6%) | 0.00 | 60 |
2019-06-01 | $184,900 (-8.9%) | $191,103 (-12.3%) | 0.00 | 66 |
2019-07-01 | $163,500 (-17.8%) | $183,490 (-14.3%) | 0.00 | 65 |
2019-08-01 | $159,857 (-18.3%) | $182,573 (-13.5%) | 0.00 | 61 |
2019-09-01 | $155,607 (-19.2%) | $183,249 (-12.2%) | 0.00 | 56 |
2019-10-01 | $184,700 (-7.4%) | $194,787 (-11.5%) | 0.00 | 56 |
2019-11-01 | $185,000 (-7.5%) | $191,740 (-11.2%) | 0.00 | 63 |
2019-12-01 | $167,250 (-16.4%) | $179,690 (-14.8%) | 0.00 | 73 |
2020-01-01 | $138,000 (-30.0%) | $170,011 (-16.5%) | 0.00 | 72 |
2020-02-01 | $130,000 (-32.4%) | $164,605 (-17.6%) | 0.00 | 62 |
2020-03-01 | $134,750 (-23.6%) | $163,778 (-16.7%) | 0.00 | 67 |
2020-04-01 | $135,000 (-18.9%) | $165,949 (-13.0%) | 0.00 | 67 |
2020-05-01 | $135,000 (-27.0%) | $165,327 (-13.3%) | 0.00 | 69 |
2020-06-01 | $134,450 (-27.3%) | $175,263 (-8.3%) | 0.00 | 54 |
2020-07-01 | $159,950 (-2.2%) | $175,574 (-4.3%) | 0.00 | 53 |
2020-08-01 | $164,900 (3.2%) | $179,668 (-1.6%) | 0.00 | 57 |
2020-09-01 | $161,450 (3.8%) | $180,310 (-1.6%) | 0.00 | 52 |
2020-10-01 | $159,900 (-13.4%) | $181,016 (-7.1%) | 0.00 | 47 |
2020-11-01 | $162,900 (-12.0%) | $187,440 (-2.2%) | 0.00 | 44 |
2020-12-01 | $156,450 (-6.5%) | $174,191 (-3.1%) | 0.00 | 39 |
2021-01-01 | $159,900 (15.9%) | $190,989 (12.3%) | 0.00 | 32 |
2021-02-01 | $155,000 (19.2%) | $197,730 (20.1%) | 0.00 | 30 |
2021-03-01 | $196,250 (45.6%) | $218,200 (33.2%) | 0.00 | 28 |
2021-04-01 | $239,500 (77.4%) | $235,044 (41.6%) | 0.00 | 30 |
2021-05-01 | $206,000 (52.6%) | $231,330 (39.9%) | 0.00 | 26 |
2021-06-01 | $215,000 (59.9%) | $226,211 (29.1%) | 0.00 | 28 |
2021-07-01 | $180,000 (12.5%) | $220,413 (25.5%) | 0.00 | 26 |
2021-08-01 | $172,450 (4.6%) | $197,704 (10.0%) | 0.00 | 23 |
2021-09-01 | $175,000 (8.4%) | $208,883 (15.9%) | 0.00 | 22 |
2021-10-01 | $175,000 (9.4%) | $215,064 (18.8%) | 0.00 | 20 |
2021-11-01 | $175,000 (7.4%) | $183,816 (-1.9%) | 0.00 | 24 |
2021-12-01 | $175,000 (11.9%) | $193,127 (10.9%) | 0.00 | 20 |
2022-01-01 | $170,000 (6.3%) | $195,100 (2.2%) | 0.00 | 20 |
2022-02-01 | $199,000 (28.4%) | $220,801 (11.7%) | 0.00 | 21 |
2022-03-01 | $155,000 (-21.0%) | $182,237 (-16.5%) | 0.00 | 18 |
2022-04-01 | $199,000 (-16.9%) | $216,658 (-7.8%) | 0.00 | 22 |
2022-05-01 | $204,950 (-0.5%) | $230,938 (-0.2%) | 0.00 | 26 |
Dumas's median listing price comes in at 0% of the national average.
Dumas's average listing price for 2022-05-01 was $230,938, a difference of $-392 (-0.2%) versus the prior year and $14,280 versus the prior month.
For the 2022-05-01 period, Dumas had 26 MLS listings, a difference of 4 listings (18%) versus the prior month and 0 listings (0%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Dumas (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,238 sqft |
2018-02-01 | 0 days | 2,132 sqft |
2018-03-01 | 0 days | 2,099 sqft |
2018-04-01 | 0 days | 1,938 sqft |
2018-05-01 | 0 days | 2,027 sqft |
2018-06-01 | 0 days | 2,276 sqft |
2018-07-01 | 0 days | 2,221 sqft |
2018-08-01 | 0 days | 2,252 sqft |
2018-09-01 | 0 days | 2,276 sqft |
2018-10-01 | 0 days | 2,308 sqft |
2018-11-01 | 0 days | 2,280 sqft |
2018-12-01 | 0 days | 2,184 sqft |
2019-01-01 | 0 days | 1,998 sqft |
2019-02-01 | 0 days | 1,977 sqft |
2019-03-01 | 0 days | 1,945 sqft |
2019-04-01 | 0 days | 1,874 sqft |
2019-05-01 | 0 days | 1,929 sqft |
2019-06-01 | 0 days | 1,885 sqft |
2019-07-01 | 0 days | 1,778 sqft |
2019-08-01 | 0 days | 1,784 sqft |
2019-09-01 | 0 days | 1,778 sqft |
2019-10-01 | 0 days | 1,968 sqft |
2019-11-01 | 0 days | 1,894 sqft |
2019-12-01 | 0 days | 1,812 sqft |
2020-01-01 | 0 days | 1,646 sqft |
2020-02-01 | 0 days | 1,600 sqft |
2020-03-01 | 0 days | 1,604 sqft |
2020-04-01 | 0 days | 1,666 sqft |
2020-05-01 | 0 days | 1,670 sqft |
2020-06-01 | 0 days | 1,680 sqft |
2020-07-01 | 0 days | 1,752 sqft |
2020-08-01 | 0 days | 1,806 sqft |
2020-09-01 | 0 days | 1,704 sqft |
2020-10-01 | 0 days | 1,476 sqft |
2020-11-01 | 0 days | 1,529 sqft |
2020-12-01 | 0 days | 1,500 sqft |
2021-01-01 | 0 days | 1,505 sqft |
2021-02-01 | 0 days | 1,499 sqft |
2021-03-01 | 0 days | 1,704 sqft |
2021-04-01 | 0 days | 2,131 sqft |
2021-05-01 | 0 days | 1,829 sqft |
2021-06-01 | 0 days | 1,976 sqft |
2021-07-01 | 0 days | 1,963 sqft |
2021-08-01 | 0 days | 1,776 sqft |
2021-09-01 | 0 days | 1,976 sqft |
2021-10-01 | 0 days | 1,734 sqft |
2021-11-01 | 0 days | 1,669 sqft |
2021-12-01 | 0 days | 1,716 sqft |
2022-01-01 | 0 days | 1,600 sqft |
2022-02-01 | 0 days | 1,804 sqft |
2022-03-01 | 0 days | 1,716 sqft |
2022-04-01 | 0 days | 1,796 sqft |
2022-05-01 | 0 days | 1,770 sqft |
Dumas's median square footage for active listings during the 2022-05-01 period was 1,770 sqft. One year prior, the average listing was 1,829 sqft.