Dumas Mortgage Rates

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  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Loan Attributes
  • Market Conditions & Pricing
  • Time on Market/Property Size
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    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%
    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 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.).

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    HOMETRUST MORTGAGE COMPANY 23 3.21% $4,539
    QUICKEN LOANS, LLC 10 3.35% $5,033
    Amarillo National Bank 9 3.56% $3,347
    Happy State Bank 8 3.48% $4,201
    LOANDEPOT.COM, LLC 6 3.56% $5,027
    J. VIRGIL, INC. 5 3.50% $5,774
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.41% $4,977
    TIB The Independent Bankersbank 3 3.13% $4,029
    First Bank & Trust 3 3.54% $5,683
    Wells Fargo Bank 2 4.19% $4,972
    AMCAP MORTGAGE, LTD. 2 3.44% $5,748
    Hometown Lenders, Inc. 2 3.00% $4,792
    ROYAL UNITED MORTGAGE LLC 2 4.19% $6,722
    Mr. Cooper ( Nationstar Mortgage ) 2 3.25% $8,391
    HOME POINT FINANCIAL CORPORATION 1 2.75% $5,451
    AMERICAN FINANCIAL NETWORK, INC. 1 3.38% $10,652
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 2.99% $6,423
    MID AMERICA MORTGAGE, INC. 1 3.38% $2,476
    MORIA DEVELOPMENT, INC. 1 3.38% $5,925
    NEWREZ LLC 1 2.75% $2,874
    NexBank 1 3.13% $5,226
    PENNYMAC LOAN SERVICES, LLC 1 3.13% $7,453
    RANLIFE, INC. 1 3.13% $4,946
    Truist Bank 1 2.98% $4,735
    UNIVERSAL LENDING CORPORATION 1 3.25% $4,006
    JPMorgan Chase Bank 1 3.00% $5,698
    BETTER MORTGAGE CORPORATION 1 2.63% $2,948
    CALIBER HOME LOANS, INC. 1 3.63% $4,569
    CELEBRITY HOME LOANS, LLC 1 2.88% $2,292
    CMG MORTGAGE, INC. 1 3.50% $4,841
    D. L. Evans Bank 1 3.13% $3,484
    Education Credit Union 1 6.63% $5,800
    EVERETT FINANCIAL, INC. 1 3.50% $2,355
    First Guaranty Mortgage Corporation 1 3.63% $7,609
    Flagstar Bank, FSB 1 3.25% $4,622
    GREAT WESTERN FINANCIAL SERVICES, INC. 1 3.25% $3,695

    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. Louis
    Date 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 for 2022-05-01 was $204,950, a difference of $-1,050 (-0.5%) versus the prior year and $5,950 versus the prior month.

    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. Louis
    Date 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 listing age (time on market) for 2022-05-01 was 0 days.

    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.