Fort Morgan Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Fort Morgan averaged
6.24%
for the week of 2024-10-03, compared to the national average of
6.12% for the same period.
The average rate for the prior week (2024-09-26) was
6.2% and
one month ago for the week of 2024-08-29, the
average rate was 6.47%.
Fort Morgan's average rate one year ago was 7.63%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.32%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Fort Morgan 30 Year Fixed Rate | 2024-10-03 | 6.24% |
Fort Morgan 30 Year Fixed Rate Refi | 2024-10-03 | 6.32% |
Fort Morgan 15 Year Fixed Rate | 2024-10-03 | 5.35% |
Fort Morgan 15 Year Fixed Rate Refi | 2024-10-03 | 5.25% |
Fort Morgan 30 Year FHA | 2024-10-03 | 5.56% |
Fort Morgan 30 Year FHA Refi | 2024-10-03 | 5.69% |
Fort Morgan 30 Year USDA | 2024-10-03 | 5.77% |
Fort Morgan 30 Year USDA Refi | 2024-10-03 | 5.97% |
Fort Morgan 30 Year VA | 2024-10-03 | 5.4% |
Fort Morgan 30 Year VA Refi | 2024-10-03 | 5.8% |
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.).
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. LouisDate | 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 |
Fort Morgan's median listing price comes in at 0% of the national average.
Fort Morgan's average listing price for 2024-09-01 was $455,220, a difference of $-63,503 (-12.2%) versus the prior year and $13,703 versus the prior month.
For the 2024-09-01 period, Fort Morgan had 113 MLS listings, a difference of 20 listings (22%) versus the prior month and 25 listings (28%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Fort Morgan (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 |
Fort Morgan's median square footage for active listings during the 2024-09-01 period was 2,089 sqft. One year prior, the average listing was 2,375 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.