Dumas Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Dumas averaged 6.43% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 6.45% and one month ago for the week of 2023-04-20, the average rate was 6.45%.

    Dumas's average rate one year ago was 5.11%.

    For refis of the same type during the week of 2023-05-25, the average rate was 6.87%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Dumas 30 Year Fixed Rate 2023-05-25 6.43%
    Dumas 30 Year Fixed Rate Refi 2023-05-25 6.87%
    Dumas 15 Year Fixed Rate 2023-05-25 6.07%
    Dumas 15 Year Fixed Rate Refi 2023-05-25 6.57%
    Dumas 30 Year FHA 2023-05-25 6.49%
    Dumas 30 Year FHA Refi 2023-05-25 6.61%
    Dumas 30 Year USDA 2023-05-25 6.73%
    Dumas 30 Year USDA Refi 2023-05-25 6.73%
    Dumas 30 Year VA 2023-05-25 6.51%
    Dumas 30 Year VA Refi 2023-05-25 6.21%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Amarillo National Bank 13 5.47% $4,625
    HOMETRUST MORTGAGE COMPANY 10 4.94% $6,496
    QUICKEN LOANS, LLC 8 5.41% $4,329
    LOANDEPOT.COM, LLC 6 4.83% $6,706
    Centennial Bank 5 6.03% $4,496
    HOME POINT FINANCIAL CORPORATION 3 4.66% $3,754
    Mr. Cooper ( Nationstar Mortgage ) 3 4.58% $6,656
    Access Community Credit Union 2 6.19% $4,423
    ASSOCIATED MORTGAGE CORPORATION 2 5.31% $5,068
    BROKER SOLUTIONS, INC. 2 5.37% $4,734
    CARDINAL FINANCIAL 2 5.44% $6,485
    EVERETT FINANCIAL, INC. 2 6.00% $3,177
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 5.00% $7,560
    Truist 2 4.75% $4,866
    UNITED WHOLESALE MORTGAGE, LLC 2 5.25% $7,052
    Wells Fargo Bank 2 4.50% $4,328
    Hometown Lenders, Inc. 1 4.13% $4,148
    CMG MORTGAGE, INC. 1 4.88% $7,881
    IMPAC MORTGAGE CORP. 1 3.50% $2,201
    J. VIRGIL, INC. 1 4.00% $5,559
    Citizens Bank 1 6.63% $7,051
    AMERISAVE MORTGAGE CORPORATION 1 5.75% $6,239
    NATIONS RELIABLE LENDING, LLC 1 3.88% $3,928
    PLAZA HOME MORTGAGE, INC. 1 3.13% $10,605
    PNC Bank 1 7.38% $3,938
    TIB The Independent Bankersbank 1 6.50% $4,798
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.13% $10,405
    Prosperity Home Mortgage, LLC 1 4.13% $6,350
    AMCAP MORTGAGE, LTD. 1 6.13% $13,373
    ROYAL UNITED MORTGAGE LLC 1 4.25% $8,198
    TEXAS TECH 1 6.50% $3,635
    Education Credit Union 1 4.66% $4,257
    THRIVE MORTGAGE, LLC 1 5.75% $4,733
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 3.25% $13,513
    First Financial Bank 1 4.00% $4,244
    Colonial Savings, F.A. 1 4.63% $5,928

    Dumas Average Closing Costs & Other Stats

    Dumas, TX's 36 lenders originated 254 loans during 2022. The total origination value was $43,260,000, with an average loan value of $170,315.

    Dumas's average closing costs are $5,596.

    The top Dumas lender as defined by loan originations is Amarillo National Bank, with 13 loans originated. Their average total fees are $4,625, which is $1,871 lower than the next largest lender, HOMETRUST MORTGAGE COMPANY.

    The lowest fee Dumas lenders (with over 10 loans originated) are Amarillo National Bank ($4,625), HOMETRUST MORTGAGE COMPANY ($6,496), .

    The lowest rate Dumas lenders (with over 10 loans originated) are HOMETRUST MORTGAGE COMPANY (4.94%), Amarillo National Bank (5.47%), .

    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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    HOMETRUST MORTGAGE COMPANY $11,240,000 $9,040,000 -19.6% 20.9%
    Amarillo National Bank $3,750,000 $3,825,000 2.0% 8.8%
    QUICKEN LOANS, LLC $5,435,000 $2,980,000 -45.2% 6.9%
    Centennial Bank $2,375,000 n/a 5.5%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,745,000 n/a 4.0%
    EVERETT FINANCIAL, INC. $660,000 $1,650,000 150.0% 3.8%
    Mortgage Research Center, LLC $520,000 $1,465,000 181.7% 3.4%
    LOANDEPOT.COM, LLC $1,835,000 $1,360,000 -25.9% 3.1%
    NATIONS RELIABLE LENDING, LLC $745,000 $1,070,000 43.6% 2.5%
    AMCAP MORTGAGE, LTD. $1,365,000 $1,020,000 -25.3% 2.4%
    ASSOCIATED MORTGAGE CORPORATION $215,000 $950,000 341.9% 2.2%
    FirstBank Southwest $1,065,000 $925,000 -13.1% 2.1%
    PENNYMAC LOAN SERVICES, LLC $630,000 $640,000 1.6% 1.5%
    UNITED WHOLESALE MORTGAGE, LLC $635,000 n/a 1.5%
    Mr. Cooper ( Nationstar Mortgage ) $1,030,000 $570,000 -44.7% 1.3%
    Wells Fargo Bank $760,000 $570,000 -25.0% 1.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,290,000 $540,000 -58.1% 1.2%
    Truist $255,000 $540,000 111.8% 1.2%
    THRIVE MORTGAGE, LLC $145,000 $480,000 231.0% 1.1%
    BROKER SOLUTIONS, INC. $135,000 $455,000 237.0% 1.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $445,000 $420,000 -5.6% 1.0%
    PREMIER LENDING, INC. $420,000 n/a 1.0%
    VANDERBILT MORTGAGE AND FINANCE, INC. $425,000 $420,000 -1.2% 1.0%
    LEADERONE FINANCIAL CORPORATION $85,000 $395,000 364.7% 0.9%
    HOME POINT FINANCIAL CORPORATION $705,000 $385,000 -45.4% 0.9%
    FIRST NATIONAL BANK OF WEATHERFORD $335,000 n/a 0.8%
    PLAZA HOME MORTGAGE, INC. $325,000 n/a 0.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $255,000 $315,000 23.5% 0.7%
    USAA Federal Savings Bank $135,000 $315,000 133.3% 0.7%
    21ST MORTGAGE CORPORATION $595,000 $305,000 -48.7% 0.7%
    GREAT WESTERN FINANCIAL SERVICES, INC. $75,000 $295,000 293.3% 0.7%
    Network Funding, L.P. $670,000 $280,000 -58.2% 0.6%
    Access Community Credit Union $270,000 n/a 0.6%
    FREEDOM MORTGAGE CORPORATION $2,430,000 $260,000 -89.3% 0.6%
    J. VIRGIL, INC. $4,555,000 $260,000 -94.3% 0.6%
    AMARILLO COMMUNITY $255,000 n/a 0.6%
    Hometown Lenders, Inc. $535,000 $245,000 -54.2% 0.6%
    City Bank $235,000 n/a 0.5%
    Education Credit Union $190,000 $235,000 23.7% 0.5%
    ROYAL UNITED MORTGAGE LLC $200,000 $210,000 5.0% 0.5%
    TIB The Independent Bankersbank $930,000 $210,000 -77.4% 0.5%
    Citizens Bank $85,000 $205,000 141.2% 0.5%
    Colonial Savings, F.A. $85,000 $205,000 141.2% 0.5%
    S1L, Inc. $205,000 n/a 0.5%
    CMG MORTGAGE, INC. $300,000 $185,000 -38.3% 0.4%
    ZILLOW HOME LOANS, LLC $185,000 n/a 0.4%
    ASPIRE FINANCIAL, INC. $165,000 n/a 0.4%
    First Financial Bank $155,000 n/a 0.4%
    CALIBER HOME LOANS, INC. $990,000 $145,000 -85.4% 0.3%
    SOUTHWEST STAGE FUNDING, LLC $85,000 $145,000 70.6% 0.3%
    TEXAS TECH $85,000 $145,000 70.6% 0.3%
    VAN DYK MORTGAGE CORPORATION $145,000 n/a 0.3%
    PNC Bank $135,000 n/a 0.3%
    American State Bank $125,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $125,000 n/a 0.3%
    Prosperity Home Mortgage, LLC $180,000 $125,000 -30.6% 0.3%
    IMPAC MORTGAGE CORP. $105,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $105,000 n/a 0.2%
    Nations Lending Corporation $105,000 n/a 0.2%
    Plains Commerce Bank $105,000 n/a 0.2%
    Mid-Continent Funding, Inc. $95,000 n/a 0.2%
    SUN WEST MORTGAGE COMPANY, INC. $95,000 n/a 0.2%
    FirstCapital Bank of Texas $85,000 n/a 0.2%
    Bank of America $75,000 n/a 0.2%
    Lakeview Community Capital, LLC $515,000 $65,000 -87.4% 0.2%
    Discover Bank $45,000 n/a 0.1%

    Dumas's top lender by overall market share is HOMETRUST MORTGAGE COMPANY, with 20.9% market share. In second place, with 8.8%, is Amarillo National Bank, having originated $3,825,000 in loans. In third place, with 6.9%, is QUICKEN LOANS, LLC, having originated $2,980,000 in loans. In fourth place, with 5.5%, is Centennial Bank, having originated $2,375,000 in loans. In fifth place, with 4.0%, is PRIMARY RESIDENTIAL MORTGAGE, INC., having originated $1,745,000 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 $165,000 (-12.8%) $192,714 (-6.1%) 0.00 61
    2019-04-01 $153,225 (-18.0%) $185,071 (-10.3%) 0.00 57
    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 $165,950 (-14.3%) $182,120 (-11.7%) 0.00 59
    2019-09-01 $148,625 (-22.8%) $182,161 (-12.0%) 0.00 52
    2019-10-01 $180,000 (-9.6%) $192,112 (-12.0%) 0.00 54
    2019-11-01 $183,750 (-6.6%) $186,973 (-11.8%) 0.00 56
    2019-12-01 $141,125 (-28.9%) $174,004 (-16.5%) 0.00 65
    2020-01-01 $133,875 (-30.6%) $166,141 (-16.9%) 0.00 64
    2020-02-01 $127,500 (-32.4%) $161,660 (-18.0%) 0.00 57
    2020-03-01 $130,375 (-21.0%) $160,490 (-16.7%) 0.00 61
    2020-04-01 $133,975 (-12.6%) $162,418 (-12.2%) 0.00 62
    2020-05-01 $133,500 (-23.8%) $162,043 (-12.8%) 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 (-3.8%) $173,102 (-5.0%) 0.00 46
    2020-09-01 $157,900 (6.2%) $173,637 (-4.7%) 0.00 43
    2020-10-01 $148,450 (-17.5%) $175,293 (-8.8%) 0.00 42
    2020-11-01 $159,925 (-13.0%) $177,847 (-4.9%) 0.00 39
    2020-12-01 $152,450 (8.0%) $161,452 (-7.2%) 0.00 34
    2021-01-01 $155,000 (15.8%) $179,908 (8.3%) 0.00 27
    2021-02-01 $151,900 (19.1%) $187,089 (15.7%) 0.00 26
    2021-03-01 $162,500 (24.6%) $208,688 (30.0%) 0.00 25
    2021-04-01 $217,500 (62.3%) $223,065 (37.3%) 0.00 24
    2021-05-01 $197,000 (47.6%) $216,950 (33.9%) 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
    Dumas's median listing price for 2023-04-01 was $235,000, a difference of $53,000 (29.1%) versus the prior year and $45,000 versus the prior month.

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

    Dumas's average listing price for 2023-04-01 was $262,276, a difference of $49,088 (23.0%) versus the prior year and $28,972 versus the prior month.

    For the 2023-04-01 period, Dumas had 32 MLS listings, a difference of -12 listings (-27%) versus the prior month and 14 listings (78%) 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 1,935 sqft
    2019-04-01 0 days 1,791 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 1,878 sqft
    2019-09-01 0 days 1,820 sqft
    2019-10-01 0 days 1,928 sqft
    2019-11-01 0 days 1,887 sqft
    2019-12-01 0 days 1,756 sqft
    2020-01-01 0 days 1,609 sqft
    2020-02-01 0 days 1,565 sqft
    2020-03-01 0 days 1,602 sqft
    2020-04-01 0 days 1,662 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 1,606 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 1,614 sqft
    2023-03-01 0 days 1,737 sqft
    2023-04-01 0 days 2,190 sqft
    Dumas's median listing age (time on market) for 2023-04-01 was 0 days.

    Dumas's median square footage for active listings during the 2023-04-01 period was 2,190 sqft. One year prior, the average listing was 1,756 sqft.

    Dumas, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 181 $33,635,000 $185,829
    Cash Out Refi 34 $5,320,000 $156,471
    Refi 30 $3,630,000 $121,000
    Other 6 $420,000 $70,000
    Home Improvement 3 $255,000 $85,000

    Dumas's most frequently cited loan purpose was Home Purchase, with 181 originations. The 2nd most popular reason was Cash Out Refi, with 34 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 66 $12,640,000 $191,515
    4-5% 54 $9,490,000 $175,741
    3-4% 52 $8,920,000 $171,538
    6-7% 33 $5,655,000 $171,364
    7-8% 16 $1,890,000 $118,125
    2.5-3% 11 $1,775,000 $161,364
    Over 8% 10 $960,000 $96,000
    <2.5% 4 $460,000 $115,000

    During 2022, Dumas's most frequently originated rate bucket was 5-6%, with 66 originations.

    Loan Sizing (Dumas, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 139 $20,625,000 $148,381
    $200k-400k 70 $18,550,000 $265,000
    $100,000 or less 43 $3,065,000 $71,279
    $400k-600k 2 $1,020,000 $510,000

    Dumas's loan sizing saw the bucket of loans from $100k-200k with 139 originations, totaling $20,625,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 161 $29,945,000 $185,994
    60-80% 52 $8,420,000 $161,923
    40-60% 20 $2,450,000 $122,500
    20-40% 7 $665,000 $95,000
    Under 20% 4 $80,000 $20,000
    Over 100% 1 $115,000 $115,000

    Dumas's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 161 originations, totaling $29,945,000 in origination value.