Fort Morgan 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 Fort Morgan averaged 6.7% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 7.01% and one month ago for the week of 2024-10-10, the average rate was 6.34%.

    Fort Morgan's average rate one year ago was 7.72%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.08%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Fort Morgan 30 Year Fixed Rate 2024-11-14 6.7%
    Fort Morgan 30 Year Fixed Rate Refi 2024-11-14 7.08%
    Fort Morgan 15 Year Fixed Rate 2024-11-14 6.19%
    Fort Morgan 15 Year Fixed Rate Refi 2024-11-14 6.29%
    Fort Morgan 30 Year FHA 2024-11-14 -0.13%
    Fort Morgan 30 Year FHA Refi 2024-11-14 -0.2%
    Fort Morgan 30 Year USDA 2024-11-14 0.1%
    Fort Morgan 30 Year USDA Refi 2024-11-14 -0.2%
    Fort Morgan 30 Year VA 2024-11-14 0.1%
    Fort Morgan 30 Year VA Refi 2024-11-14 -0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fort Morgan, CO.

    Fort Morgan 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 Fort Morgan, CO 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Bank of Colorado 19 6.83% $5,687
    UNITED WHOLESALE MORTGAGE, LLC 18 6.87% $7,492
    QUICKEN LOANS, LLC 15 6.88% $7,072
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 7.08% $7,592
    PRIMARY RESIDENTIAL MORTGAGE, INC. 5 6.80% $6,912
    Financial Funding Solutions, Inc. 5 7.28% $1,864
    CROSSCOUNTRY MORTGAGE, LLC 4 7.39% $7,533
    AMERICAN FINANCING CORPORATION 4 6.88% $7,244
    Elevations Credit Union 3 6.88% $2,813
    EVERETT FINANCIAL, INC. 3 6.87% $10,708
    UNIVERSAL LENDING CORPORATION 3 6.88% $5,679
    American Mortgage & Equity Consultants, Inc. 3 7.25% $9,205
    Northpointe Bank 3 6.29% $9,225
    GUILD MORTGAGE COMPANY 3 7.29% $4,726
    Gateway First Bank 3 6.54% $4,502
    VAN DYK MORTGAGE CORPORATION 3 6.92% $4,918
    The Federal Savings Bank 2 7.13% $3,077
    BMO Harris Bank 2 7.31% $5,465
    Ent Credit Union 2 6.00% $5,496
    First National Bank of America 2 9.88% $9,518
    FREEDOM MORTGAGE CORPORATION 2 7.56% $6,834
    V.I.P. MORTGAGE, INC. 2 6.69% $7,067
    Wells Fargo Bank 1 7.63% $3,489
    Commerce Bank 1 7.25% $4,149
    GUARANTEED RATE AFFINITY, LLC 1 6.43% $5,078
    CMG MORTGAGE, INC. 1 5.75% $8,695
    Independent Bank 1 6.13% $3,491
    JPMorgan Chase Bank 1 6.88% $5,236
    LOANDEPOT.COM, LLC 1 5.99% $7,173
    MEGASTAR FINANCIAL CORP. 1 5.75% $7,879
    MICHIGAN MUTUAL, INC. 1 6.75% $5,138
    MID AMERICA MORTGAGE, INC. 1 7.63% $6,788
    Mr. Cooper ( Nationstar Mortgage ) 1 6.88% $6,395
    NFM, INC. 1 6.63% $5,883
    Citibank 1 6.00% $4,179
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.99% $2,567
    PENNYMAC LOAN SERVICES, LLC 1 6.13% $3,587
    CANVAS CREDIT UNION 1 6.88% $2,221
    CALIBER HOME LOANS, INC. 1 6.99% $5,297
    S1L, Inc. 1 5.75% $9,789
    SECURITYNATIONAL MORTGAGE COMPANY 1 5.63% $17,344
    Sierra Pacific Mortgage Company, Inc. 1 6.75% $4,765
    STOCKTON MORTGAGE CORPORATION 1 6.75% $8,172
    CALCON MUTUAL MORTGAGE LLC 1 6.00% $27,454
    BOKF 1 6.88% $5,390
    BETTER MORTGAGE CORPORATION 1 6.50% $1,867
    USAA Federal Savings Bank 1 5.75% $4,921
    CORNERSTONE HOME LENDING, INC. 1 7.75% $3,820
    FIRST COLONY MORTGAGE CORPORATION 1 6.88% $10,998
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.63% $23,355

    Fort Morgan Average Closing Costs & Other Stats

    Fort Morgan, CO's 50 lenders originated 528 loans during 2023. The total origination value was $125,840,000, with an average loan value of $238,333.

    Fort Morgan's average closing costs are $6,243.

    The top Fort Morgan lender as defined by loan originations is Bank of Colorado, with 19 loans originated. Their average total fees are $5,687, which is $1,805 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Fort Morgan lenders (with over 10 loans originated) are Bank of Colorado ($5,687), QUICKEN LOANS, LLC ($7,072), UNITED WHOLESALE MORTGAGE, LLC ($7,492), .

    The lowest rate Fort Morgan lenders (with over 10 loans originated) are Bank of Colorado (6.83%), UNITED WHOLESALE MORTGAGE, LLC (6.87%), QUICKEN LOANS, LLC (6.88%), .

    Fort Morgan, CO 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
    Bank of Colorado $28,360,000 $16,680,000 -41.2% 13.3%
    UNITED WHOLESALE MORTGAGE, LLC $16,425,000 $13,050,000 -20.5% 10.4%
    QUICKEN LOANS, LLC $11,095,000 $10,315,000 -7.0% 8.2%
    AMERICAN FINANCING CORPORATION $10,025,000 $4,400,000 -56.1% 3.5%
    UNIVERSAL LENDING CORPORATION $2,170,000 $3,925,000 80.9% 3.1%
    FMS Bank $7,360,000 $3,705,000 -49.7% 2.9%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $10,220,000 $3,540,000 -65.4% 2.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,625,000 $3,465,000 -25.1% 2.8%
    American Mortgage & Equity Consultants, Inc. $395,000 $2,615,000 562.0% 2.1%
    GUILD MORTGAGE COMPANY $2,390,000 $2,480,000 3.8% 2.0%
    Financial Funding Solutions, Inc. $4,190,000 $2,400,000 -42.7% 1.9%
    CROSSCOUNTRY MORTGAGE, LLC $3,240,000 $2,380,000 -26.5% 1.9%
    EQUITABLE SAVINGS AND LOAN ASSOCIATION $2,900,000 $2,330,000 -19.7% 1.9%
    Mortgage Research Center, LLC $1,880,000 $2,145,000 14.1% 1.7%
    Ent Credit Union $675,000 $1,940,000 187.4% 1.5%
    BROKER SOLUTIONS, INC. $2,960,000 $1,920,000 -35.1% 1.5%
    VAN DYK MORTGAGE CORPORATION $1,125,000 $1,845,000 64.0% 1.5%
    EVERETT FINANCIAL, INC. $2,585,000 $1,760,000 -31.9% 1.4%
    Northpointe Bank $2,135,000 $1,560,000 -26.9% 1.2%
    The Federal Savings Bank $1,470,000 n/a 1.2%
    Elevations Credit Union $1,990,000 $1,445,000 -27.4% 1.1%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,240,000 n/a 1.0%
    Paramount Residential Mortgage Group, Inc. $915,000 $1,230,000 34.4% 1.0%
    Gateway First Bank $4,430,000 $1,225,000 -72.3% 1.0%
    NORTH VALLEY BANK $1,105,000 n/a 0.9%
    LOANDEPOT.COM, LLC $5,405,000 $1,090,000 -79.8% 0.9%
    Citibank $1,075,000 n/a 0.9%
    FREEDOM MORTGAGE CORPORATION $1,145,000 $985,000 -14.0% 0.8%
    Commerce Bank $905,000 n/a 0.7%
    CORNERSTONE HOME LENDING, INC. $1,360,000 $825,000 -39.3% 0.7%
    NOVA FINANCIAL & INVESTMENT CORPORATION $265,000 $770,000 190.6% 0.6%
    S1L, Inc. $1,410,000 $720,000 -48.9% 0.6%
    USAA Federal Savings Bank $715,000 n/a 0.6%
    MOVEMENT MORTGAGE, LLC $1,230,000 $700,000 -43.1% 0.6%
    HOMESTAR FINANCIAL CORPORATION $675,000 n/a 0.5%
    MEGASTAR FINANCIAL CORP. $255,000 $660,000 158.8% 0.5%
    CALCON MUTUAL MORTGAGE LLC $655,000 n/a 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $2,200,000 $650,000 -70.5% 0.5%
    AMERISAVE MORTGAGE CORPORATION $1,620,000 $610,000 -62.3% 0.5%
    First National Bank of America $205,000 $600,000 192.7% 0.5%
    LEADERONE FINANCIAL CORPORATION $595,000 n/a 0.5%
    PLAZA HOME MORTGAGE, INC. $570,000 n/a 0.5%
    CARDINAL FINANCIAL $400,000 $555,000 38.8% 0.4%
    V.I.P. MORTGAGE, INC. $510,000 $550,000 7.8% 0.4%
    BMO Harris Bank $485,000 n/a 0.4%
    Wells Fargo Bank $2,320,000 $460,000 -80.2% 0.4%
    AMERICAN FINANCIAL NETWORK, INC. $455,000 n/a 0.4%
    High Plains Bank $455,000 n/a 0.4%
    FIRST COLONY MORTGAGE CORPORATION $435,000 n/a 0.3%
    The Huntington National Bank $1,580,000 $430,000 -72.8% 0.3%
    BOKF $1,265,000 $420,000 -66.8% 0.3%
    NAVY FEDERAL CREDIT UNION $815,000 $420,000 -48.5% 0.3%
    Carrington Mortgage Services, LLC $1,120,000 $415,000 -62.9% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,070,000 $410,000 -61.7% 0.3%
    Adams Bank & Trust $125,000 $405,000 224.0% 0.3%
    CMG MORTGAGE, INC. $1,300,000 $405,000 -68.8% 0.3%
    PENNYMAC LOAN SERVICES, LLC $1,260,000 $390,000 -69.0% 0.3%
    NEW DAY FINANCIAL, LLC $385,000 n/a 0.3%
    Discover Bank $150,000 $375,000 150.0% 0.3%
    ACADEMY MORTGAGE CORPORATION $2,960,000 $370,000 -87.5% 0.3%
    FIRST COMMUNITY MORTGAGE, INC. $365,000 n/a 0.3%
    First Savings Bank $365,000 n/a 0.3%
    SECURITYNATIONAL MORTGAGE COMPANY $290,000 $365,000 25.9% 0.3%
    GUARANTEED RATE, INC. $1,465,000 $360,000 -75.4% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $355,000 n/a 0.3%
    The Loan Store, Inc. $355,000 n/a 0.3%
    CANVAS CREDIT UNION $1,465,000 $350,000 -76.1% 0.3%
    NEWREZ LLC $675,000 $345,000 -48.9% 0.3%
    MID AMERICA MORTGAGE, INC. $340,000 n/a 0.3%
    Loan Simple, Inc. $325,000 n/a 0.3%
    TBK BANK, SSB $155,000 $320,000 106.5% 0.3%
    GUARANTY HOME MORTGAGE CORPORATION $315,000 n/a 0.3%
    STOCKTON MORTGAGE CORPORATION $315,000 n/a 0.3%
    MASON MCDUFFIE MORTGAGE CORPORATION $310,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $550,000 $305,000 -44.5% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $85,000 $300,000 252.9% 0.2%
    AMERICAN FINANCIAL RESOURCES, INC. $275,000 n/a 0.2%
    CENTENNIAL LENDING, LLC $205,000 $275,000 34.1% 0.2%
    MOUNTAIN WEST FINANCIAL, INC. $270,000 n/a 0.2%
    MICHIGAN MUTUAL, INC. $335,000 $265,000 -20.9% 0.2%
    Bank of England $295,000 $255,000 -13.6% 0.2%
    HOMESIDE FINANCIAL, LLC $125,000 $245,000 96.0% 0.2%
    BELLCO $275,000 $235,000 -14.5% 0.2%
    PLANET HOME LENDING, LLC $345,000 $235,000 -31.9% 0.2%
    INTERCAP LENDING INC. $230,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $225,000 n/a 0.2%
    CALIBER HOME LOANS, INC. $2,880,000 $225,000 -92.2% 0.2%
    LENDINGHOME FUNDING CORPORATION $450,000 $225,000 -50.0% 0.2%
    Independent Bank $215,000 n/a 0.2%
    OCMBC, INC. $305,000 $215,000 -29.5% 0.2%
    THRIVE MORTGAGE, LLC $760,000 $215,000 -71.7% 0.2%
    GUARANTEED RATE AFFINITY, LLC $560,000 $205,000 -63.4% 0.2%
    LOANPAL, LLC $205,000 n/a 0.2%
    Sierra Pacific Mortgage Company, Inc. $175,000 $205,000 17.1% 0.2%
    VERITAS FUNDING, LLC $205,000 n/a 0.2%
    EMM LOANS LLC $195,000 n/a 0.2%
    Keystone Funding, Inc. $195,000 n/a 0.2%
    NFM, INC. $1,485,000 $195,000 -86.9% 0.2%
    Commerce Home Mortgage, Inc. $225,000 $185,000 -17.8% 0.1%
    PNC Bank $180,000 n/a 0.1%
    ON Q FINANCIAL, INC. $165,000 n/a 0.1%
    Coastal Community Bank $160,000 n/a 0.1%
    FirstBank $155,000 n/a 0.1%
    Weld Schools Credit Union $45,000 $150,000 233.3% 0.1%
    Points West Community Bank $115,000 n/a 0.1%
    Bank of America $480,000 $105,000 -78.1% 0.1%
    CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $440,000 $100,000 -77.3% 0.1%
    U.S. Bank $845,000 $100,000 -88.2% 0.1%
    LONGBRIDGE FINANCIAL, LLC $195,000 $95,000 -51.3% 0.1%
    SPRING EQ, LLC $95,000 n/a 0.1%
    WESTERRA CREDIT UNION $150,000 $95,000 -36.7% 0.1%
    Equity Prime Mortgage LLC $85,000 n/a 0.1%
    JPMorgan Chase Bank $1,310,000 $85,000 -93.5% 0.1%
    Figure Lending LLC $240,000 $80,000 -66.7% 0.1%
    Metrum Community Credit Union $80,000 n/a 0.1%
    Flagstar Bank, FSB $510,000 $55,000 -89.2% 0.0%
    Red Rocks Credit Union $45,000 n/a 0.0%
    The Eastern Colorado Bank $45,000 n/a 0.0%
    DENVER FIRE DEPARTMENT FEDERAL CREDIT UNION $35,000 n/a 0.0%
    Bethpage Federal Credit Union $15,000 n/a 0.0%
    ON TAP $15,000 n/a 0.0%

    Fort Morgan's top lender by overall market share is Bank of Colorado, with 13.3% market share. In second place, with 10.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $13,050,000 in loans. In third place, with 8.2%, is QUICKEN LOANS, LLC, having originated $10,315,000 in loans. In fourth place, with 3.5%, is AMERICAN FINANCING CORPORATION, having originated $4,400,000 in loans. In fifth place, with 3.1%, is UNIVERSAL LENDING CORPORATION, having originated $3,925,000 in loans.

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

    Realtor.com - Fort Morgan (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 $290,000 (16.1%) $283,280 (9.9%) 0.00 103
    2018-02-01 $290,000 (14.7%) $291,054 (11.5%) 0.00 96
    2018-03-01 $290,000 (9.4%) $300,993 (10.9%) 0.00 86
    2018-04-01 $290,000 (5.5%) $309,696 (11.7%) 0.00 80
    2018-05-01 $290,000 (5.5%) $306,124 (9.7%) 0.00 91
    2018-06-01 $290,000 (5.5%) $298,566 (4.8%) 0.00 99
    2018-07-01 $290,000 (5.5%) $300,978 (4.7%) 0.00 93
    2018-08-01 $290,000 (5.5%) $303,680 (4.3%) 0.00 103
    2018-09-01 $290,000 (5.5%) $307,930 (11.4%) 0.00 119
    2018-10-01 $294,625 (7.1%) $300,498 (7.4%) 0.00 113
    2018-11-01 $299,000 (8.7%) $309,788 (10.2%) 0.00 105
    2018-12-01 $299,000 (3.1%) $302,843 (4.2%) 0.00 97
    2019-01-01 $299,000 (3.1%) $302,892 (6.9%) 0.00 91
    2019-02-01 $299,000 (3.1%) $309,704 (6.4%) 0.00 84
    2019-03-01 $299,000 (3.1%) $308,934 (2.6%) 0.00 88
    2019-04-01 $299,000 (3.1%) $308,755 (-0.3%) 0.00 105
    2019-05-01 $299,000 (3.1%) $314,851 (2.9%) 0.00 111
    2019-06-01 $299,000 (3.1%) $319,525 (7.0%) 0.00 119
    2019-07-01 $299,119 (3.1%) $335,406 (11.4%) 0.00 127
    2019-08-01 $300,764 (3.7%) $339,439 (11.8%) 0.00 131
    2019-09-01 $304,553 (5.0%) $336,769 (9.4%) 0.00 130
    2019-10-01 $311,250 (5.6%) $343,405 (14.3%) 0.00 126
    2019-11-01 $304,900 (2.0%) $340,490 (9.9%) 0.00 107
    2019-12-01 $299,900 (0.3%) $334,439 (10.4%) 0.00 98
    2020-01-01 $300,825 (0.6%) $338,199 (11.7%) 0.00 98
    2020-02-01 $308,000 (3.0%) $339,466 (9.6%) 0.00 90
    2020-03-01 $299,675 (0.2%) $347,557 (12.5%) 0.00 91
    2020-04-01 $308,625 (3.2%) $354,382 (14.8%) 0.00 90
    2020-05-01 $307,500 (2.8%) $336,047 (6.7%) 0.00 90
    2020-06-01 $321,225 (7.4%) $348,957 (9.2%) 0.00 78
    2020-07-01 $314,688 (5.2%) $343,714 (2.5%) 0.00 74
    2020-08-01 $298,000 (-0.9%) $335,069 (-1.3%) 0.00 60
    2020-09-01 $295,950 (-2.8%) $336,827 (0.0%) 0.00 55
    2020-10-01 $305,000 (-2.0%) $345,120 (0.5%) 0.00 52
    2020-11-01 $303,625 (-0.4%) $323,407 (-5.0%) 0.00 54
    2020-12-01 $279,838 (-6.7%) $310,649 (-7.1%) 0.00 48
    2021-01-01 $264,400 (-12.1%) $313,476 (-7.3%) 0.00 37
    2021-02-01 $305,000 (-1.0%) $347,836 (2.5%) 0.00 31
    2021-03-01 $293,718 (-2.0%) $318,188 (-8.5%) 0.00 27
    2021-04-01 $316,250 (2.5%) $373,456 (5.4%) 0.00 28
    2021-05-01 $334,500 (8.8%) $412,860 (22.9%) 0.00 27
    2021-06-01 $368,475 (14.7%) $415,581 (19.1%) 0.00 34
    2021-07-01 $376,450 (19.6%) $416,307 (21.1%) 0.00 31
    2021-08-01 $368,500 (23.7%) $408,465 (21.9%) 0.00 35
    2021-09-01 $362,500 (22.5%) $387,141 (14.9%) 0.00 40
    2021-10-01 $325,000 (6.6%) $352,465 (2.1%) 0.00 45
    2021-11-01 $325,000 (7.0%) $356,367 (10.2%) 0.00 44
    2021-12-01 $322,500 (15.3%) $360,107 (15.9%) 0.00 91
    2022-01-01 $314,950 (19.1%) $334,104 (6.6%) 0.00 52
    2022-02-01 $322,475 (5.7%) $360,566 (3.7%) 0.00 40
    2022-03-01 $325,000 (10.7%) $361,986 (13.8%) 0.00 37
    2022-04-01 $385,000 (21.7%) $406,043 (8.7%) 0.00 42
    2022-05-01 $448,250 (34.0%) $461,279 (11.7%) 0.00 57
    2022-06-01 $447,750 (21.5%) $467,005 (12.4%) 0.00 66
    2022-07-01 $453,271 (20.4%) $506,794 (21.7%) 0.00 82
    2022-08-01 $455,000 (23.5%) $512,481 (25.5%) 0.00 96
    2022-09-01 $439,000 (21.1%) $497,361 (28.5%) 0.00 105
    2022-10-01 $425,000 (30.8%) $477,933 (35.6%) 0.00 96
    2022-11-01 $412,750 (27.0%) $499,383 (40.1%) 0.00 97
    2022-12-01 $400,000 (24.0%) $533,308 (48.1%) 0.00 92
    2023-01-01 $368,000 (16.8%) $499,341 (49.5%) 0.00 80
    2023-02-01 $395,750 (22.7%) $499,526 (38.5%) 0.00 75
    2023-03-01 $392,500 (20.8%) $508,613 (40.5%) 0.00 75
    2023-04-01 $375,000 (-2.6%) $515,745 (27.0%) 0.00 77
    2023-05-01 $408,500 (-8.9%) $534,298 (15.8%) 0.00 85
    2023-06-01 $416,250 (-7.0%) $524,831 (12.4%) 0.00 83
    2023-07-01 $440,000 (-2.9%) $528,212 (4.2%) 0.00 82
    2023-08-01 $406,250 (-10.7%) $498,820 (-2.7%) 0.00 93
    2023-09-01 $399,000 (-9.1%) $518,723 (4.3%) 0.00 88
    2023-10-01 $392,500 (-7.7%) $509,707 (6.7%) 0.00 87
    2023-11-01 $387,950 (-6.0%) $463,816 (-7.1%) 0.00 86
    2023-12-01 $375,000 (-6.3%) $441,213 (-17.3%) 0.00 89
    2024-01-01 $368,250 (0.1%) $435,627 (-12.8%) 0.00 77
    2024-02-01 $362,475 (-8.4%) $427,019 (-14.5%) 0.00 71
    2024-03-01 $362,000 (-7.8%) $418,637 (-17.7%) 0.00 71
    2024-04-01 $381,000 (1.6%) $446,032 (-13.5%) 0.00 85
    2024-05-01 $378,000 (-7.5%) $432,289 (-19.1%) 0.00 85
    2024-06-01 $377,500 (-9.3%) $423,659 (-19.3%) 0.00 90
    2024-07-01 $412,500 (-6.3%) $449,865 (-14.8%) 0.00 78
    2024-08-01 $402,500 (-0.9%) $441,517 (-11.5%) 0.00 93
    2024-09-01 $382,450 (-4.2%) $455,220 (-12.2%) 0.00 113
    2024-10-01 $373,475 (-4.9%) $466,959 (-8.4%) 0.00 114
    Fort Morgan's median listing price for 2024-10-01 was $373,475, a difference of $-19,025 (-4.9%) versus the prior year and $-8,975 versus the prior month.

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

    Fort Morgan's average listing price for 2024-10-01 was $466,959, a difference of $-42,748 (-8.4%) versus the prior year and $11,739 versus the prior month.

    For the 2024-10-01 period, Fort Morgan had 114 MLS listings, a difference of 1 listings (1%) versus the prior month and 27 listings (31%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fort Morgan (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,915 sqft
    2018-02-01 0 days 1,898 sqft
    2018-03-01 0 days 2,012 sqft
    2018-04-01 0 days 2,226 sqft
    2018-05-01 0 days 2,233 sqft
    2018-06-01 0 days 2,080 sqft
    2018-07-01 0 days 2,126 sqft
    2018-08-01 0 days 2,175 sqft
    2018-09-01 0 days 2,184 sqft
    2018-10-01 0 days 2,087 sqft
    2018-11-01 0 days 2,176 sqft
    2018-12-01 0 days 2,275 sqft
    2019-01-01 0 days 2,184 sqft
    2019-02-01 0 days 2,171 sqft
    2019-03-01 0 days 2,191 sqft
    2019-04-01 0 days 2,207 sqft
    2019-05-01 0 days 2,217 sqft
    2019-06-01 0 days 2,311 sqft
    2019-07-01 0 days 2,351 sqft
    2019-08-01 0 days 2,363 sqft
    2019-09-01 0 days 2,369 sqft
    2019-10-01 0 days 2,417 sqft
    2019-11-01 0 days 2,404 sqft
    2019-12-01 0 days 2,422 sqft
    2020-01-01 0 days 2,411 sqft
    2020-02-01 0 days 2,466 sqft
    2020-03-01 0 days 2,480 sqft
    2020-04-01 0 days 2,491 sqft
    2020-05-01 0 days 2,336 sqft
    2020-06-01 0 days 2,480 sqft
    2020-07-01 0 days 2,275 sqft
    2020-08-01 0 days 2,180 sqft
    2020-09-01 0 days 2,210 sqft
    2020-10-01 0 days 2,369 sqft
    2020-11-01 0 days 2,223 sqft
    2020-12-01 0 days 2,110 sqft
    2021-01-01 0 days 2,315 sqft
    2021-02-01 0 days 2,075 sqft
    2021-03-01 0 days 2,112 sqft
    2021-04-01 0 days 2,246 sqft
    2021-05-01 0 days 2,235 sqft
    2021-06-01 0 days 2,181 sqft
    2021-07-01 0 days 2,335 sqft
    2021-08-01 0 days 2,227 sqft
    2021-09-01 0 days 2,127 sqft
    2021-10-01 0 days 1,981 sqft
    2021-11-01 0 days 2,027 sqft
    2021-12-01 0 days 2,030 sqft
    2022-01-01 0 days 2,020 sqft
    2022-02-01 0 days 2,020 sqft
    2022-03-01 0 days 2,099 sqft
    2022-04-01 0 days 2,264 sqft
    2022-05-01 0 days 2,772 sqft
    2022-06-01 0 days 2,795 sqft
    2022-07-01 0 days 2,754 sqft
    2022-08-01 0 days 2,770 sqft
    2022-09-01 0 days 2,491 sqft
    2022-10-01 0 days 2,300 sqft
    2022-11-01 0 days 2,300 sqft
    2022-12-01 0 days 2,280 sqft
    2023-01-01 0 days 2,086 sqft
    2023-02-01 0 days 2,233 sqft
    2023-03-01 0 days 2,176 sqft
    2023-04-01 0 days 2,104 sqft
    2023-05-01 0 days 2,252 sqft
    2023-06-01 0 days 2,449 sqft
    2023-07-01 0 days 2,478 sqft
    2023-08-01 0 days 2,465 sqft
    2023-09-01 0 days 2,375 sqft
    2023-10-01 0 days 2,444 sqft
    2023-11-01 0 days 2,446 sqft
    2023-12-01 0 days 2,402 sqft
    2024-01-01 0 days 2,294 sqft
    2024-02-01 0 days 2,376 sqft
    2024-03-01 0 days 1,936 sqft
    2024-04-01 0 days 2,224 sqft
    2024-05-01 0 days 2,249 sqft
    2024-06-01 0 days 2,352 sqft
    2024-07-01 0 days 2,342 sqft
    2024-08-01 0 days 2,160 sqft
    2024-09-01 0 days 2,089 sqft
    2024-10-01 0 days 2,212 sqft
    Fort Morgan's median listing age (time on market) for 2024-10-01 was 0 days.

    Fort Morgan's median square footage for active listings during the 2024-10-01 period was 2,212 sqft. One year prior, the average listing was 2,444 sqft.

    Fort Morgan, CO Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 343 $95,905,000 $279,606
    Cash Out Refi 77 $17,145,000 $222,662
    Other 40 $2,890,000 $72,250
    Home Improvement 34 $2,560,000 $75,294
    Refi 34 $7,340,000 $215,882

    Fort Morgan's most frequently cited loan purpose was Home Purchase, with 343 originations. The 2nd most popular reason was Cash Out Refi, with 77 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 204 $61,570,000 $301,814
    7-8% 111 $29,565,000 $266,351
    Over 8% 72 $7,410,000 $102,917
    5-6% 55 $17,605,000 $320,091
    <2.5% 29 $325,000 $11,207
    4-5% 3 $905,000 $301,667
    3-4% 1 $75,000 $75,000
    2.5-3% 1 $105,000 $105,000

    During 2023, Fort Morgan's most frequently originated rate bucket was 6-7%, with 204 originations.

    Loan Sizing (Fort Morgan, CO MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 252 $72,060,000 $285,952
    $100,000 or less 123 $5,145,000 $41,829
    $100k-200k 82 $12,270,000 $149,634
    $400k-600k 60 $27,840,000 $464,000
    $600k-1000k 9 $6,345,000 $705,000
    $Over $1MM 2 $2,180,000 $1,090,000

    Fort Morgan's loan sizing saw the bucket of loans from $200k-400k with 252 originations, totaling $72,060,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 229 $74,955,000 $327,314
    60-80% 87 $24,855,000 $285,690
    Under 20% 87 $3,165,000 $36,379
    20-40% 37 $4,615,000 $124,730
    40-60% 29 $5,795,000 $199,828
    Over 100% 10 $4,000,000 $400,000

    Fort Morgan's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 229 originations, totaling $74,955,000 in origination value.