Dumas Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Dumas averaged
6.6%
for the week of 2024-12-12, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2024-12-05) was
6.59% and
one month ago for the week of 2024-11-07, the
average rate was 6.89%.
Dumas's average rate one year ago was 7.13%.
For refis of the same type during the week of 2024-12-12, the average rate
was 6.7%.
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.).
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. LouisDate | 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 |
2024-04-01 | $260,750 (11.0%) | $287,338 (9.6%) | 0.00 | 42 |
2024-05-01 | $251,725 (7.2%) | $282,400 (5.4%) | 0.00 | 42 |
2024-06-01 | $266,000 (15.7%) | $286,256 (9.7%) | 0.00 | 39 |
2024-07-01 | $263,750 (19.9%) | $289,788 (20.2%) | 0.00 | 42 |
2024-08-01 | $262,500 (19.3%) | $277,214 (11.1%) | 0.00 | 37 |
2024-09-01 | $264,500 (20.2%) | $305,508 (19.4%) | 0.00 | 38 |
2024-10-01 | $270,749 (17.5%) | $320,961 (28.6%) | 0.00 | 41 |
2024-11-01 | $277,500 (20.0%) | $309,909 (19.0%) | 0.00 | 46 |
Dumas's median listing price comes in at 0% of the national average.
Dumas's average listing price for 2024-11-01 was $309,909, a difference of $49,531 (19.0%) versus the prior year and $-11,052 versus the prior month.
For the 2024-11-01 period, Dumas had 46 MLS listings, a difference of 5 listings (12%) 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. LouisDate | 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 | 2,054 sqft |
2024-03-01 | 0 days | 2,044 sqft |
2024-04-01 | 0 days | 2,059 sqft |
2024-05-01 | 0 days | 2,055 sqft |
2024-06-01 | 0 days | 2,179 sqft |
2024-07-01 | 0 days | 2,049 sqft |
2024-08-01 | 0 days | 2,033 sqft |
2024-09-01 | 0 days | 2,066 sqft |
2024-10-01 | 0 days | 2,178 sqft |
2024-11-01 | 0 days | 2,178 sqft |
Dumas's median square footage for active listings during the 2024-11-01 period was 2,178 sqft. One year prior, the average listing was 1,965 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.