Evanston Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Evanston averaged 6.55% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

The average rate for the prior week (2025-03-27) was 6.66% and one month ago for the week of 2025-02-27, the average rate was 6.77%.

Evanston's average rate one year ago was 6.8%.

For refis of the same type during the week of 2025-04-03, the average rate was 7.24%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-03 6.64%
Evanston 30 Year Fixed Rate 2025-04-03 6.55%
Evanston 30 Year Fixed Rate Refi 2025-04-03 7.24%
Evanston 15 Year Fixed Rate 2025-04-03 5.62%
Evanston 15 Year Fixed Rate Refi 2025-04-03 6.32%
Evanston 30 Year FHA 2025-04-03 6.16%
Evanston 30 Year FHA Refi 2025-04-03 6.16%
Evanston 30 Year USDA 2025-04-03 6.52%
Evanston 30 Year USDA Refi 2025-04-03 6.42%
Evanston 30 Year VA 2025-04-03 5.96%
Evanston 30 Year VA Refi 2025-04-03 6.06%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Evanston, WY.

Evanston 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 Evanston, WY 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 24 6.73% $7,799
Glacier Bank 15 7.17% $5,948
QUICKEN LOANS, LLC 14 6.77% $7,728
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.54% $6,827
U.S. Bank 8 6.44% $5,734
GUILD MORTGAGE COMPANY 7 6.30% $6,308
PLAZA HOME MORTGAGE, INC. 3 6.63% $8,512
Flanagan State Bank 3 7.58% $4,856
MUTUAL OF OMAHA MORTGAGE, INC. 3 7.08% $5,950
INTERCAP LENDING INC. 2 7.25% $4,185
Mr. Cooper ( Nationstar Mortgage ) 2 7.06% $8,848
SECURITYNATIONAL MORTGAGE COMPANY 1 7.13% $8,789
The Federal Savings Bank 1 7.00% $2,967
The Loan Store, Inc. 1 7.63% $7,202
TRIAD FINANCIAL SERVICES, INC. 1 9.25% $6,575
UNION HOME MORTGAGE CORP. 1 5.88% $5,171
Wells Fargo Bank 1 6.88% $3,614
BMO Harris Bank 1 6.75% $3,681
West Gate Bank 1 6.00% $4,777
CANOPY MORTGAGE, LLC 1 6.63% $4,934
Connexus Credit Union 1 6.49% $2,070
CROSSCOUNTRY MORTGAGE, LLC 1 6.63% $9,919
FIRST COLONY MORTGAGE CORPORATION 1 7.00% $5,406
GUARANTEED RATE AFFINITY, LLC 1 6.08% $585
LOANDEPOT.COM, LLC 1 7.63% $6,284
PENNYMAC LOAN SERVICES, LLC 1 7.62% $3,940
Plains Commerce Bank 1 7.13% $6,821
PNC Bank 1 6.38% $2,814
S1L, Inc. 1 6.63% $6,263

Evanston Average Closing Costs & Other Stats

Evanston, WY's 29 lenders originated 351 loans during 2024. The total origination value was $80,735,000, with an average loan value of $230,014.

Evanston's average closing costs are $5,658.

The top Evanston lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 24 loans originated. Their average total fees are $7,799, which is $1,851 higher than the next largest lender, Glacier Bank.

The lowest fee Evanston lenders (with over 10 loans originated) are Glacier Bank ($5,948), QUICKEN LOANS, LLC ($7,728), UNITED WHOLESALE MORTGAGE, LLC ($7,799), .

The lowest rate Evanston lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.73%), QUICKEN LOANS, LLC (6.77%), Glacier Bank (7.17%), .

Evanston, WY 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
UNITED WHOLESALE MORTGAGE, LLC $7,955,000 $13,945,000 75.3% 17.3%
Glacier Bank $10,070,000 $11,345,000 12.7% 14.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,165,000 $10,160,000 96.7% 12.6%
QUICKEN LOANS, LLC $5,205,000 $6,240,000 19.9% 7.7%
U.S. Bank $5,180,000 $5,580,000 7.7% 6.9%
MOUNTAIN AMERICA $1,035,000 $3,890,000 275.8% 4.8%
GUILD MORTGAGE COMPANY $620,000 $3,765,000 507.3% 4.7%
PLAZA HOME MORTGAGE, INC. $2,135,000 n/a 2.6%
Flanagan State Bank $1,235,000 $1,190,000 -3.6% 1.5%
LAKEVIEW LOAN SERVICING, LLC $295,000 $1,160,000 293.2% 1.4%
PENNYMAC LOAN SERVICES, LLC $480,000 $1,090,000 127.1% 1.4%
VILLAGE CAPITAL MORTGAGE $990,000 n/a 1.2%
SECURITYNATIONAL MORTGAGE COMPANY $320,000 $950,000 196.9% 1.2%
INTERCAP LENDING INC. $1,190,000 $940,000 -21.0% 1.2%
LOANDEPOT.COM, LLC $430,000 $910,000 111.6% 1.1%
BMO Harris Bank $645,000 $865,000 34.1% 1.1%
UNION HOME MORTGAGE CORP. $420,000 $780,000 85.7% 1.0%
WYHY $405,000 $760,000 87.7% 0.9%
VAN DYK MORTGAGE CORPORATION $2,460,000 $740,000 -69.9% 0.9%
MUTUAL OF OMAHA MORTGAGE, INC. $465,000 $670,000 44.1% 0.8%
NEWREZ LLC $345,000 $665,000 92.8% 0.8%
FREEDOM MORTGAGE CORPORATION $205,000 $630,000 207.3% 0.8%
TRIAD FINANCIAL SERVICES, INC. $625,000 n/a 0.8%
AMERISAVE MORTGAGE CORPORATION $600,000 n/a 0.7%
Mr. Cooper ( Nationstar Mortgage ) $145,000 $535,000 269.0% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $265,000 $495,000 86.8% 0.6%
S1L, Inc. $475,000 n/a 0.6%
Barrington Bank & Trust Company, N.A. $540,000 $455,000 -15.7% 0.6%
Ally Bank $445,000 n/a 0.6%
PNC Bank $35,000 $425,000 1,114.3% 0.5%
Flagstar Bank, FSB $415,000 n/a 0.5%
FIRST COLONY MORTGAGE CORPORATION $365,000 n/a 0.5%
The Loan Store, Inc. $365,000 n/a 0.5%
Paramount Residential Mortgage Group, Inc. $335,000 n/a 0.4%
Carrington Mortgage Services, LLC $315,000 n/a 0.4%
Hilltop National Bank $305,000 n/a 0.4%
GUARANTEED RATE AFFINITY, LLC $720,000 $295,000 -59.0% 0.4%
Connexus Credit Union $255,000 n/a 0.3%
West Gate Bank $255,000 n/a 0.3%
Discover Bank $190,000 $245,000 28.9% 0.3%
MOVEMENT MORTGAGE, LLC $225,000 n/a 0.3%
Wells Fargo Bank $2,045,000 $225,000 -89.0% 0.3%
CANOPY MORTGAGE, LLC $205,000 n/a 0.3%
Figure Lending LLC $45,000 $190,000 322.2% 0.2%
Meridian Trust Federal Credit Union $190,000 n/a 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $155,000 n/a 0.2%
Plains Commerce Bank $145,000 n/a 0.2%
The Federal Savings Bank $125,000 n/a 0.2%
21ST MORTGAGE CORPORATION $2,940,000 $115,000 -96.1% 0.1%
UTAH FIRST $105,000 n/a 0.1%
Utah Power $320,000 $95,000 -70.3% 0.1%
Bank of America $155,000 $55,000 -64.5% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $55,000 n/a 0.1%
RESIDENTIAL BANCORP $55,000 n/a 0.1%
Coastal Community Bank $105,000 $50,000 -52.4% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $35,000 n/a 0.0%

Evanston's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 17.3% market share. In second place, with 14.1%, is Glacier Bank, having originated $11,345,000 in loans. In third place, with 12.6%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $10,160,000 in loans. In fourth place, with 7.7%, is QUICKEN LOANS, LLC, having originated $6,240,000 in loans. In fifth place, with 6.9%, is U.S. Bank, having originated $5,580,000 in loans.


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

Realtor.com - Evanston (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 $209,900 (10.5%) $250,118 (-0.1%) 0.00 129
2018-02-01 $199,450 (2.7%) $249,070 (-4.0%) 0.00 126
2018-03-01 $212,400 (3.9%) $260,853 (-1.4%) 0.00 124
2018-04-01 $223,650 (-4.8%) $278,161 (6.2%) 0.00 137
2018-05-01 $242,000 (0.5%) $293,676 (4.9%) 0.00 145
2018-06-01 $246,750 (5.9%) $294,447 (8.9%) 0.00 154
2018-07-01 $249,900 (10.1%) $299,368 (9.0%) 0.00 171
2018-08-01 $236,475 (7.5%) $291,541 (6.2%) 0.00 163
2018-09-01 $230,000 (2.3%) $285,902 (3.6%) 0.00 158
2018-10-01 $252,975 (9.9%) $288,622 (4.6%) 0.00 170
2018-11-01 $259,900 (33.6%) $298,924 (12.3%) 0.00 157
2018-12-01 $259,000 (36.4%) $296,814 (20.9%) 0.00 140
2019-01-01 $249,900 (19.1%) $300,897 (20.3%) 0.00 124
2019-02-01 $249,900 (25.3%) $306,209 (22.9%) 0.00 123
2019-03-01 $254,214 (19.7%) $319,374 (22.4%) 0.00 126
2019-04-01 $259,900 (16.2%) $340,201 (22.3%) 0.00 133
2019-05-01 $259,450 (7.2%) $340,404 (15.9%) 0.00 138
2019-06-01 $262,450 (6.4%) $360,649 (22.5%) 0.00 151
2019-07-01 $264,900 (6.0%) $369,722 (23.5%) 0.00 172
2019-08-01 $272,627 (15.3%) $376,216 (29.0%) 0.00 169
2019-09-01 $276,718 (20.3%) $381,334 (33.4%) 0.00 162
2019-10-01 $284,900 (12.6%) $381,475 (32.2%) 0.00 152
2019-11-01 $289,900 (11.5%) $369,421 (23.6%) 0.00 131
2019-12-01 $279,900 (8.1%) $358,527 (20.8%) 0.00 122
2020-01-01 $276,925 (10.8%) $359,675 (19.5%) 0.00 112
2020-02-01 $279,900 (12.0%) $366,952 (19.8%) 0.00 108
2020-03-01 $292,450 (15.0%) $382,453 (19.8%) 0.00 104
2020-04-01 $299,600 (15.3%) $377,661 (11.0%) 0.00 122
2020-05-01 $299,200 (15.3%) $372,751 (9.5%) 0.00 130
2020-06-01 $299,500 (14.1%) $366,803 (1.7%) 0.00 119
2020-07-01 $281,150 (6.1%) $354,151 (-4.2%) 0.00 102
2020-08-01 $307,450 (12.8%) $370,032 (-1.6%) 0.00 73
2020-09-01 $344,000 (24.3%) $446,105 (17.0%) 0.00 59
2020-10-01 $312,450 (9.7%) $516,633 (35.4%) 0.00 53
2020-11-01 $299,225 (3.2%) $502,274 (36.0%) 0.00 50
2020-12-01 $285,500 (2.0%) $500,382 (39.6%) 0.00 44
2021-01-01 $297,450 (7.4%) $496,673 (38.1%) 0.00 39
2021-02-01 $338,900 (21.1%) $506,538 (38.0%) 0.00 47
2021-03-01 $328,400 (12.3%) $550,090 (43.8%) 0.00 44
2021-04-01 $309,725 (3.4%) $450,627 (19.3%) 0.00 48
2021-05-01 $359,900 (20.3%) $503,628 (35.1%) 0.00 57
2021-06-01 $386,000 (28.9%) $546,847 (49.1%) 0.00 76
2021-07-01 $369,900 (31.6%) $640,004 (80.7%) 0.00 80
2021-08-01 $389,750 (26.8%) $676,423 (82.8%) 0.00 85
2021-09-01 $395,950 (15.1%) $695,792 (56.0%) 0.00 78
2021-10-01 $399,900 (28.0%) $731,157 (41.5%) 0.00 66
2021-11-01 $447,450 (49.5%) $711,378 (41.6%) 0.00 61
2021-12-01 $482,175 (68.9%) $757,462 (51.4%) 0.00 50
2022-01-01 $539,900 (81.5%) $882,263 (77.6%) 0.00 34
2022-02-01 $627,450 (85.1%) $856,870 (69.2%) 0.00 47
2022-03-01 $669,700 (103.9%) $831,999 (51.3%) 0.00 55
2022-04-01 $732,000 (136.3%) $860,195 (90.9%) 0.00 67
2022-05-01 $686,000 (90.6%) $756,790 (50.3%) 0.00 86
2022-06-01 $649,900 (68.4%) $710,245 (29.9%) 0.00 119
2022-07-01 $575,000 (55.5%) $697,806 (9.0%) 0.00 134
2022-08-01 $506,250 (29.9%) $645,356 (-4.6%) 0.00 128
2022-09-01 $575,000 (45.2%) $668,369 (-3.9%) 0.00 136
2022-10-01 $517,500 (29.4%) $627,024 (-14.2%) 0.00 131
2022-11-01 $498,488 (11.4%) $614,211 (-13.7%) 0.00 120
2022-12-01 $499,900 (3.7%) $618,486 (-18.4%) 0.00 105
2023-01-01 $507,225 (-6.1%) $601,571 (-31.8%) 0.00 99
2023-02-01 $494,651 (-21.2%) $587,962 (-31.4%) 0.00 92
2023-03-01 $532,000 (-20.6%) $594,876 (-28.5%) 0.00 85
2023-04-01 $539,450 (-26.3%) $686,719 (-20.2%) 0.00 97
2023-05-01 $595,500 (-13.2%) $700,688 (-7.4%) 0.00 111
2023-06-01 $550,000 (-15.4%) $712,086 (0.3%) 0.00 129
2023-07-01 $545,000 (-5.2%) $700,756 (0.4%) 0.00 151
2023-08-01 $546,750 (8.0%) $703,886 (9.1%) 0.00 158
2023-09-01 $520,000 (-9.6%) $696,488 (4.2%) 0.00 154
2023-10-01 $527,000 (1.8%) $684,832 (9.2%) 0.00 160
2023-11-01 $528,000 (5.9%) $716,830 (16.7%) 0.00 160
2023-12-01 $540,000 (8.0%) $736,509 (19.1%) 0.00 136
2024-01-01 $535,565 (5.6%) $769,068 (27.8%) 0.00 102
2024-02-01 $554,650 (12.1%) $760,846 (29.4%) 0.00 98
2024-03-01 $573,050 (7.7%) $729,428 (22.6%) 0.00 106
2024-04-01 $579,000 (7.3%) $714,068 (4.0%) 0.00 122
2024-05-01 $599,925 (0.7%) $717,662 (2.4%) 0.00 135
2024-06-01 $629,900 (14.5%) $716,281 (0.6%) 0.00 153
2024-07-01 $631,400 (15.9%) $749,580 (7.0%) 0.00 159
2024-08-01 $635,700 (16.3%) $788,841 (12.1%) 0.00 172
2024-09-01 $612,225 (17.7%) $775,301 (11.3%) 0.00 178
2024-10-01 $624,450 (18.5%) $772,717 (12.8%) 0.00 168
2024-11-01 $624,450 (18.3%) $778,036 (8.5%) 0.00 162
2024-12-01 $639,450 (18.4%) $780,754 (6.0%) 0.00 148
2025-01-01 $637,400 (19.0%) $797,216 (3.7%) 0.00 129
2025-02-01 $602,450 (8.6%) $773,285 (1.6%) 0.00 133
2025-03-01 $569,900 (-0.6%) $721,568 (-1.1%) 0.00 147
Evanston's median listing price for 2025-03-01 was $569,900, a difference of $-3,150 (-0.6%) versus the prior year and $-32,550 versus the prior month.

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

Evanston's average listing price for 2025-03-01 was $721,568, a difference of $-7,860 (-1.1%) versus the prior year and $-51,717 versus the prior month.

For the 2025-03-01 period, Evanston had 147 MLS listings, a difference of 14 listings (11%) versus the prior month and 41 listings (39%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Evanston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,016 sqft
2018-02-01 0 days 1,943 sqft
2018-03-01 0 days 2,112 sqft
2018-04-01 0 days 2,200 sqft
2018-05-01 0 days 2,200 sqft
2018-06-01 0 days 2,114 sqft
2018-07-01 0 days 2,119 sqft
2018-08-01 0 days 2,122 sqft
2018-09-01 0 days 2,150 sqft
2018-10-01 0 days 2,054 sqft
2018-11-01 0 days 2,060 sqft
2018-12-01 0 days 2,080 sqft
2019-01-01 0 days 2,079 sqft
2019-02-01 0 days 2,078 sqft
2019-03-01 0 days 2,120 sqft
2019-04-01 0 days 2,170 sqft
2019-05-01 0 days 2,146 sqft
2019-06-01 0 days 2,144 sqft
2019-07-01 0 days 2,178 sqft
2019-08-01 0 days 2,123 sqft
2019-09-01 0 days 2,115 sqft
2019-10-01 0 days 2,176 sqft
2019-11-01 0 days 2,212 sqft
2019-12-01 0 days 2,106 sqft
2020-01-01 0 days 2,084 sqft
2020-02-01 0 days 2,112 sqft
2020-03-01 0 days 2,223 sqft
2020-04-01 0 days 2,354 sqft
2020-05-01 0 days 2,302 sqft
2020-06-01 0 days 2,364 sqft
2020-07-01 0 days 2,407 sqft
2020-08-01 0 days 2,416 sqft
2020-09-01 0 days 2,493 sqft
2020-10-01 0 days 2,401 sqft
2020-11-01 0 days 1,982 sqft
2020-12-01 0 days 1,885 sqft
2021-01-01 0 days 1,984 sqft
2021-02-01 0 days 2,083 sqft
2021-03-01 0 days 2,154 sqft
2021-04-01 0 days 2,132 sqft
2021-05-01 0 days 2,361 sqft
2021-06-01 0 days 2,402 sqft
2021-07-01 0 days 2,381 sqft
2021-08-01 0 days 2,290 sqft
2021-09-01 0 days 2,241 sqft
2021-10-01 0 days 2,202 sqft
2021-11-01 0 days 2,226 sqft
2021-12-01 0 days 2,264 sqft
2022-01-01 0 days 2,532 sqft
2022-02-01 0 days 2,314 sqft
2022-03-01 0 days 2,507 sqft
2022-04-01 0 days 2,495 sqft
2022-05-01 0 days 2,464 sqft
2022-06-01 0 days 2,528 sqft
2022-07-01 0 days 2,495 sqft
2022-08-01 0 days 2,439 sqft
2022-09-01 0 days 2,428 sqft
2022-10-01 0 days 2,348 sqft
2022-11-01 0 days 2,400 sqft
2022-12-01 0 days 2,336 sqft
2023-01-01 0 days 2,178 sqft
2023-02-01 0 days 2,195 sqft
2023-03-01 0 days 2,367 sqft
2023-04-01 0 days 2,424 sqft
2023-05-01 0 days 2,519 sqft
2023-06-01 0 days 2,479 sqft
2023-07-01 0 days 2,168 sqft
2023-08-01 0 days 2,075 sqft
2023-09-01 0 days 2,075 sqft
2023-10-01 0 days 2,054 sqft
2023-11-01 0 days 2,074 sqft
2023-12-01 0 days 2,038 sqft
2024-01-01 0 days 2,184 sqft
2024-02-01 0 days 2,399 sqft
2024-03-01 0 days 2,386 sqft
2024-04-01 0 days 2,128 sqft
2024-05-01 0 days 2,169 sqft
2024-06-01 0 days 2,201 sqft
2024-07-01 0 days 2,393 sqft
2024-08-01 0 days 2,393 sqft
2024-09-01 0 days 2,479 sqft
2024-10-01 0 days 2,465 sqft
2024-11-01 0 days 2,415 sqft
2024-12-01 0 days 2,448 sqft
2025-01-01 0 days 2,448 sqft
2025-02-01 0 days 2,393 sqft
2025-03-01 0 days 2,310 sqft
Evanston's median listing age (time on market) for 2025-03-01 was 0 days.

Evanston's median square footage for active listings during the 2025-03-01 period was 2,310 sqft. One year prior, the average listing was 2,386 sqft.

Evanston, WY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 201 $54,675,000 $272,015
Cash Out Refi 60 $14,200,000 $236,667
Other 42 $3,170,000 $75,476
Home Improvement 26 $1,990,000 $76,538
Refi 22 $6,700,000 $304,545

Evanston's most frequently cited loan purpose was Home Purchase, with 201 originations. The 2nd most popular reason was Cash Out Refi, with 60 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 145 $42,125,000 $290,517
Over 8% 74 $7,620,000 $102,973
5-6% 53 $17,145,000 $323,491
7-8% 53 $11,685,000 $220,472
<2.5% 17 $185,000 $10,882
4-5% 4 $1,050,000 $262,500
3-4% 2 $590,000 $295,000

During 2024, Evanston's most frequently originated rate bucket was 6-7%, with 145 originations.

Loan Sizing (Evanston, WY MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 150 $43,020,000 $286,800
$100,000 or less 96 $4,290,000 $44,688
$100k-200k 62 $9,240,000 $149,032
$400k-600k 37 $16,895,000 $456,622
$600k-1000k 5 $3,715,000 $743,000
$Over $1MM 1 $3,575,000 $3,575,000

Evanston's loan sizing saw the bucket of loans from $200k-400k with 150 originations, totaling $43,020,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 152 $46,180,000 $303,816
Under 20% 76 $3,170,000 $41,711
60-80% 56 $15,580,000 $278,214
40-60% 29 $9,065,000 $312,586
20-40% 25 $2,575,000 $103,000
Over 100% 5 $1,835,000 $367,000

Evanston's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 152 originations, totaling $46,180,000 in origination value.