Fort Morgan Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Fort Morgan averaged 7.01% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 7.05% and one month ago for the week of 2024-05-02, the average rate was 7.34%.

Fort Morgan's average rate one year ago was 7.11%.

For refis of the same type during the week of 2024-06-06, the average rate was 7.49%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Fort Morgan 30 Year Fixed Rate 2024-06-06 7.01%
Fort Morgan 30 Year Fixed Rate Refi 2024-06-06 7.49%
Fort Morgan 15 Year Fixed Rate 2024-06-06 6.09%
Fort Morgan 15 Year Fixed Rate Refi 2024-06-06 6.59%
Fort Morgan 30 Year FHA 2024-06-06 6.46%
Fort Morgan 30 Year FHA Refi 2024-06-06 6.89%
Fort Morgan 30 Year USDA 2024-06-06 6.7%
Fort Morgan 30 Year USDA Refi 2024-06-06 6.5%
Fort Morgan 30 Year VA 2024-06-06 6.39%
Fort Morgan 30 Year VA Refi 2024-06-06 6.49%
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
Fort Morgan's median listing price for 2024-05-01 was $378,000, a difference of $-30,500 (-7.5%) versus the prior year and $-3,000 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 2024-05-01 was $432,289, a difference of $-102,009 (-19.1%) versus the prior year and $-13,743 versus the prior month.

For the 2024-05-01 period, Fort Morgan had 85 MLS listings, a difference of 0 listings (0%) versus the prior month and 0 listings (0%) 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
Fort Morgan's median listing age (time on market) for 2024-05-01 was 0 days.

Fort Morgan's median square footage for active listings during the 2024-05-01 period was 2,249 sqft. One year prior, the average listing was 2,252 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.