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 7.05% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 7.18% and one month ago for the week of 2023-02-09, the average rate was 6.27%.

    Fort Morgan's average rate one year ago was 3.73%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Fort Morgan 30 Year Fixed Rate 2023-03-16 7.05%
    Fort Morgan 30 Year Fixed Rate Refi 2023-03-16 6.7%
    Fort Morgan 15 Year Fixed Rate 2023-03-16 7.24%
    Fort Morgan 15 Year Fixed Rate Refi 2023-03-16 6.75%
    Fort Morgan 30 Year FHA 2023-03-16 6.26%
    Fort Morgan 30 Year FHA Refi 2023-03-16 6.28%
    Fort Morgan 30 Year USDA 2023-03-16 6.21%
    Fort Morgan 30 Year USDA Refi 2023-03-16 6.34%
    Fort Morgan 30 Year VA 2023-03-16 6.16%
    Fort Morgan 30 Year VA Refi 2023-03-16 5.56%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Bank of Colorado 39 4.72% $4,193
    QUICKEN LOANS, LLC 25 4.91% $6,783
    UNITED WHOLESALE MORTGAGE, LLC 24 4.95% $5,903
    Financial Funding Solutions, Inc. 9 4.56% $4,157
    PRIMARY RESIDENTIAL MORTGAGE, INC. 9 5.62% $5,490
    AMERICAN FINANCING CORPORATION 9 4.07% $4,961
    LOANDEPOT.COM, LLC 8 4.64% $7,774
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 5.55% $5,850
    Wells Fargo Bank 6 5.13% $3,589
    CALIBER HOME LOANS, INC. 6 4.92% $4,105
    JPMorgan Chase Bank 5 4.82% $6,160
    Mr. Cooper ( Nationstar Mortgage ) 5 5.13% $5,784
    BROKER SOLUTIONS, INC. 5 4.95% $6,364
    CROSSCOUNTRY MORTGAGE, LLC 4 5.16% $7,215
    S1L, Inc. 4 4.69% $4,810
    EVERETT FINANCIAL, INC. 4 5.97% $1,291
    Gateway First Bank 4 5.25% $3,654
    AMERISAVE MORTGAGE CORPORATION 4 3.41% $9,978
    HOME POINT FINANCIAL CORPORATION 3 4.75% $5,992
    Elevations Credit Union 3 4.96% $6,066
    CORNERSTONE HOME LENDING, INC. 3 4.71% $6,471
    The Huntington National Bank 3 5.23% $4,118
    FREEDOM MORTGAGE CORPORATION 3 4.29% $5,886
    UNIVERSAL LENDING CORPORATION 3 4.63% $3,932
    GUARANTEED RATE, INC. 3 4.96% $5,453
    GUILD MORTGAGE COMPANY 3 4.54% $7,069
    CHERRY CREEK MORTGAGE, LLC 3 6.00% $623
    CANVAS CREDIT UNION 3 5.46% $2,881
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 4.94% $6,075
    ACADEMY MORTGAGE CORPORATION 2 3.31% $10,874
    CMG MORTGAGE, INC. 2 6.37% $6,728
    SWBC MORTGAGE CORPORATION 2 5.63% $3,840
    MUTUAL OF OMAHA MORTGAGE, INC. 2 4.81% $3,177
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.31% $6,361
    VAN DYK MORTGAGE CORPORATION 2 5.38% $4,347
    DRAPER AND KRAMER MORTGAGE CORP. 2 6.00% $3,410
    U.S. Bank 1 3.25% $4,067
    V.I.P. MORTGAGE, INC. 1 5.75% $6,135
    21ST MORTGAGE CORPORATION 1 8.25% $5,292
    WESTERRA CREDIT UNION 1 5.88% $2,586
    AIR ACADEMY 1 3.23% $5,895
    AMERICAN INTERNET MORTGAGE, INC. 1 4.13% $8,291
    Amerifirst Financial, Inc. 1 6.38% $4,614
    ANGEL OAK MORTGAGE SOLUTIONS LLC 1 4.00% $7,084
    Carrington Mortgage Services, LLC 1 5.50% $4,683
    CASTLE & COOKE MORTGAGE, LLC 1 3.25% $10,706
    CENTENNIAL LENDING, LLC 1 3.25% $4,358
    Century Mortgage Company DBA Century Lending Company 1 4.38% $3,107
    CITYWIDE HOME LOANS, LLC 1 4.75% $3,790
    Commerce Home Mortgage, Inc. 1 6.40% $10,204
    CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION 1 6.25% $2,222
    Ent Credit Union 1 3.25% $2,401
    FBC MORTGAGE, LLC 1 5.25% $5,945
    FINANCE OF AMERICA MORTGAGE LLC 1 3.75% $3,485
    Flanagan State Bank 1 5.63% $3,452
    GUARANTEED RATE AFFINITY, LLC 1 6.63% $10,013
    LAKEVIEW LOAN SERVICING, LLC 1 3.75% $3,897
    MOVEMENT MORTGAGE, LLC 1 5.99% $8,975
    NAVY FEDERAL CREDIT UNION 1 6.25% $2,675
    NBH Bank 1 5.50% $6,548
    NBKC BANK 1 5.00% $2,184
    Network Funding, L.P. 1 3.75% $6,747
    NEWREZ LLC 1 3.99% $9,047
    NFM, INC. 1 6.00% $8,798
    Northpointe Bank 1 4.99% $5,120
    Pacific Lending LLC 1 6.00% $3,309
    PENNYMAC LOAN SERVICES, LLC 1 3.50% $6,578
    PHH Mortgage Corporation 1 5.50% $3,880
    ROYAL UNITED MORTGAGE LLC 1 7.63% $9,983
    Sierra Pacific Mortgage Company, Inc. 1 4.88% $8,026
    SOUTHWEST FUNDING, LP 1 5.88% $6,979
    THRIVE MORTGAGE, LLC 1 7.88% $5,661
    TOWNE MORTGAGE COMPANY 1 3.38% $1,928
    Toyota Financial Savings Bank 1 4.75% $3,999
    Truist 1 4.49% $2,930

    Fort Morgan Average Closing Costs & Other Stats

    Fort Morgan, CO's 75 lenders originated 827 loans during 2022. The total origination value was $196,555,000, with an average loan value of $237,672.

    Fort Morgan's average closing costs are $5,934.

    The top Fort Morgan lender as defined by loan originations is Bank of Colorado, with 39 loans originated. Their average total fees are $4,193, which is $2,589 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Fort Morgan lenders (with over 10 loans originated) are Bank of Colorado ($4,193), UNITED WHOLESALE MORTGAGE, LLC ($5,903), QUICKEN LOANS, LLC ($6,783), .

    The lowest rate Fort Morgan lenders (with over 10 loans originated) are Bank of Colorado (4.72%), QUICKEN LOANS, LLC (4.91%), UNITED WHOLESALE MORTGAGE, LLC (4.95%), .

    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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    Bank of Colorado $34,365,000 $28,360,000 -17.5% 14.4%
    UNITED WHOLESALE MORTGAGE, LLC $17,975,000 $16,425,000 -8.6% 8.4%
    QUICKEN LOANS, LLC $19,200,000 $11,095,000 -42.2% 5.6%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $18,100,000 $10,220,000 -43.5% 5.2%
    AMERICAN FINANCING CORPORATION $23,940,000 $10,025,000 -58.1% 5.1%
    FMS Bank $20,090,000 $7,360,000 -63.4% 3.7%
    LOANDEPOT.COM, LLC $4,330,000 $5,405,000 24.8% 2.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $9,090,000 $4,625,000 -49.1% 2.4%
    Gateway First Bank $1,685,000 $4,430,000 162.9% 2.3%
    Financial Funding Solutions, Inc. $3,750,000 $4,190,000 11.7% 2.1%
    CHERRY CREEK MORTGAGE, LLC $3,135,000 $3,465,000 10.5% 1.8%
    CROSSCOUNTRY MORTGAGE, LLC $620,000 $3,240,000 422.6% 1.6%
    ACADEMY MORTGAGE CORPORATION $1,345,000 $2,960,000 120.1% 1.5%
    BROKER SOLUTIONS, INC. $2,525,000 $2,960,000 17.2% 1.5%
    EQUITABLE SAVINGS AND LOAN ASSOCIATION $7,000,000 $2,900,000 -58.6% 1.5%
    CALIBER HOME LOANS, INC. $4,345,000 $2,880,000 -33.7% 1.5%
    EVERETT FINANCIAL, INC. $660,000 $2,585,000 291.7% 1.3%
    GUILD MORTGAGE COMPANY $7,690,000 $2,390,000 -68.9% 1.2%
    Wells Fargo Bank $3,090,000 $2,320,000 -24.9% 1.2%
    Mr. Cooper ( Nationstar Mortgage ) $3,725,000 $2,200,000 -40.9% 1.1%
    UNIVERSAL LENDING CORPORATION $4,315,000 $2,170,000 -49.7% 1.1%
    Northpointe Bank $1,710,000 $2,135,000 24.9% 1.1%
    Elevations Credit Union $1,955,000 $1,990,000 1.8% 1.0%
    Mortgage Research Center, LLC $3,140,000 $1,880,000 -40.1% 1.0%
    AMERISAVE MORTGAGE CORPORATION $1,815,000 $1,620,000 -10.7% 0.8%
    The Huntington National Bank $1,580,000 n/a 0.8%
    NFM, INC. $1,485,000 n/a 0.8%
    CANVAS CREDIT UNION $1,285,000 $1,465,000 14.0% 0.7%
    GUARANTEED RATE, INC. $1,610,000 $1,465,000 -9.0% 0.7%
    S1L, Inc. $1,805,000 $1,410,000 -21.9% 0.7%
    CORNERSTONE HOME LENDING, INC. $3,450,000 $1,360,000 -60.6% 0.7%
    JPMorgan Chase Bank $1,040,000 $1,310,000 26.0% 0.7%
    CMG MORTGAGE, INC. $695,000 $1,300,000 87.1% 0.7%
    BOKF $2,865,000 $1,265,000 -55.8% 0.6%
    PENNYMAC LOAN SERVICES, LLC $3,275,000 $1,260,000 -61.5% 0.6%
    MOVEMENT MORTGAGE, LLC $1,230,000 n/a 0.6%
    HOME POINT FINANCIAL CORPORATION $6,120,000 $1,225,000 -80.0% 0.6%
    FREEDOM MORTGAGE CORPORATION $10,325,000 $1,145,000 -88.9% 0.6%
    VAN DYK MORTGAGE CORPORATION $1,740,000 $1,125,000 -35.3% 0.6%
    Carrington Mortgage Services, LLC $1,415,000 $1,120,000 -20.8% 0.6%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $550,000 $1,070,000 94.5% 0.5%
    AMERICAN PACIFIC MORTGAGE CORPORATION $805,000 $1,030,000 28.0% 0.5%
    Century Mortgage Company DBA Century Lending Company $355,000 $1,015,000 185.9% 0.5%
    Paramount Residential Mortgage Group, Inc. $1,110,000 $915,000 -17.6% 0.5%
    SUMMIT FUNDING, INC. $860,000 n/a 0.4%
    U.S. Bank $955,000 $845,000 -11.5% 0.4%
    NBH Bank $440,000 $820,000 86.4% 0.4%
    NAVY FEDERAL CREDIT UNION $495,000 $815,000 64.6% 0.4%
    SWBC MORTGAGE CORPORATION $245,000 $780,000 218.4% 0.4%
    THRIVE MORTGAGE, LLC $1,015,000 $760,000 -25.1% 0.4%
    DRAPER AND KRAMER MORTGAGE CORP. $730,000 n/a 0.4%
    TOWNE MORTGAGE COMPANY $700,000 n/a 0.4%
    Ent Credit Union $1,120,000 $675,000 -39.7% 0.3%
    NEWREZ LLC $2,600,000 $675,000 -74.0% 0.3%
    AMERICAN ADVISORS GROUP $800,000 $670,000 -16.3% 0.3%
    BAY EQUITY LLC $2,225,000 $600,000 -73.0% 0.3%
    Bank of the West $1,005,000 $590,000 -41.3% 0.3%
    FINANCE OF AMERICA MORTGAGE LLC $950,000 $590,000 -37.9% 0.3%
    GUARANTEED RATE AFFINITY, LLC $185,000 $560,000 202.7% 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $1,080,000 $550,000 -49.1% 0.3%
    Flagstar Bank, FSB $640,000 $510,000 -20.3% 0.3%
    V.I.P. MORTGAGE, INC. $510,000 n/a 0.3%
    CITYWIDE HOME LOANS, LLC $215,000 $485,000 125.6% 0.2%
    PEOPLES STATE BANK $485,000 n/a 0.2%
    Bank of America $125,000 $480,000 284.0% 0.2%
    FINANCE OF AMERICA REVERSE LLC $205,000 $480,000 134.1% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $2,570,000 $470,000 -81.7% 0.2%
    AMCAP MORTGAGE, LTD. $545,000 $460,000 -15.6% 0.2%
    AmeriHome Mortgage Company, LLC $540,000 $460,000 -14.8% 0.2%
    Chicago Mortgage Solutions LLC $870,000 $455,000 -47.7% 0.2%
    Toyota Financial Savings Bank $455,000 n/a 0.2%
    LENDINGHOME FUNDING CORPORATION $135,000 $450,000 233.3% 0.2%
    CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $190,000 $440,000 131.6% 0.2%
    Truist $945,000 $440,000 -53.4% 0.2%
    Alpine Bank $425,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $410,000 n/a 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,045,000 $400,000 -80.4% 0.2%
    American Mortgage & Equity Consultants, Inc. $530,000 $395,000 -25.5% 0.2%
    COLORADO CREDIT UNION $395,000 n/a 0.2%
    SOUTHWEST FUNDING, LP $860,000 $385,000 -55.2% 0.2%
    Nations Lending Corporation $1,650,000 $380,000 -77.0% 0.2%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $610,000 $370,000 -39.3% 0.2%
    M2 Lending Solutions, LLC $345,000 n/a 0.2%
    PLANET HOME LENDING, LLC $235,000 $345,000 46.8% 0.2%
    MICHIGAN MUTUAL, INC. $335,000 n/a 0.2%
    CLEARPATH LENDING $540,000 $325,000 -39.8% 0.2%
    CASTLE & COOKE MORTGAGE, LLC $315,000 n/a 0.2%
    AIR ACADEMY $305,000 n/a 0.2%
    Leader Bank $305,000 n/a 0.2%
    OCMBC, INC. $305,000 n/a 0.2%
    SOVEREIGN LENDING GROUP INCORPORATED $305,000 n/a 0.2%
    Amerifirst Financial, Inc. $500,000 $295,000 -41.0% 0.2%
    Bank of England $295,000 n/a 0.2%
    SECURITYNATIONAL MORTGAGE COMPANY $1,280,000 $290,000 -77.3% 0.1%
    BELLCO $60,000 $275,000 358.3% 0.1%
    INTEGRITY MORTGAGE & FINANCIAL INCORPORATED $345,000 $275,000 -20.3% 0.1%
    NOVA FINANCIAL & INVESTMENT CORPORATION $480,000 $265,000 -44.8% 0.1%
    AMERICAN INTERNET MORTGAGE, INC. $175,000 $255,000 45.7% 0.1%
    FBC MORTGAGE, LLC $255,000 n/a 0.1%
    IMPAC MORTGAGE CORP. $255,000 n/a 0.1%
    MEGASTAR FINANCIAL CORP. $915,000 $255,000 -72.1% 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $245,000 n/a 0.1%
    Lakeview Community Capital, LLC $165,000 $245,000 48.5% 0.1%
    Figure Lending LLC $240,000 n/a 0.1%
    First National Bank of Omaha $925,000 $240,000 -74.1% 0.1%
    Ixonia Bank $235,000 n/a 0.1%
    Summit Mortgage Corporation $245,000 $235,000 -4.1% 0.1%
    Commerce Home Mortgage, Inc. $910,000 $225,000 -75.3% 0.1%
    NBKC BANK $225,000 n/a 0.1%
    Pacific Lending LLC $225,000 n/a 0.1%
    Network Funding, L.P. $770,000 $215,000 -72.1% 0.1%
    CENTENNIAL LENDING, LLC $175,000 $205,000 17.1% 0.1%
    First National Bank of America $205,000 n/a 0.1%
    Merchants Mortgage & Trust Corporation $205,000 n/a 0.1%
    Northern Colorado Credit Union $205,000 n/a 0.1%
    Credit Union of Denver $230,000 $200,000 -13.0% 0.1%
    ALL REVERSE MORTGAGE, INC. $195,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $195,000 n/a 0.1%
    Sierra Pacific Mortgage Company, Inc. $125,000 $175,000 40.0% 0.1%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $340,000 $165,000 -51.5% 0.1%
    Flanagan State Bank $165,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $175,000 $165,000 -5.7% 0.1%
    KeyBank $910,000 $155,000 -83.0% 0.1%
    TBK BANK, SSB $155,000 n/a 0.1%
    Discover Bank $45,000 $150,000 233.3% 0.1%
    WESTERRA CREDIT UNION $150,000 n/a 0.1%
    Adams Bank & Trust $125,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $755,000 $125,000 -83.4% 0.1%
    PHH Mortgage Corporation $540,000 $125,000 -76.9% 0.1%
    21ST MORTGAGE CORPORATION $55,000 $85,000 54.5% 0.0%
    QUORUM FEDERAL CREDIT UNION $85,000 n/a 0.0%
    VANDERBILT MORTGAGE AND FINANCE, INC. $115,000 $85,000 -26.1% 0.0%
    Blue Federal Credit Union $285,000 $55,000 -80.7% 0.0%
    FITZSIMONS FEDERAL CREDIT UNION $55,000 n/a 0.0%
    Sooper Credit Union $55,000 n/a 0.0%
    Weld Schools Credit Union $45,000 n/a 0.0%
    PENTAGON FEDERAL CREDIT UNION $35,000 n/a 0.0%
    MOUNTAIN AMERICA $25,000 n/a 0.0%

    Fort Morgan's top lender by overall market share is Bank of Colorado, with 14.4% market share. In second place, with 8.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $16,425,000 in loans. In third place, with 5.6%, is QUICKEN LOANS, LLC, having originated $11,095,000 in loans. In fourth place, with 5.2%, is PRIMARY RESIDENTIAL MORTGAGE, INC., having originated $10,220,000 in loans. In fifth place, with 5.1%, is AMERICAN FINANCING CORPORATION, having originated $10,025,000 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%) $283,530 (10.0%) 0.00 103
    2018-02-01 $290,000 (14.7%) $291,875 (11.8%) 0.00 96
    2018-03-01 $290,000 (9.4%) $300,993 (10.9%) 0.00 86
    2018-04-01 $290,000 (5.5%) $308,587 (11.3%) 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%) $301,147 (4.8%) 0.00 93
    2018-08-01 $290,000 (5.5%) $302,308 (3.8%) 0.00 103
    2018-09-01 $290,000 (5.5%) $307,930 (11.4%) 0.00 119
    2018-10-01 $294,500 (7.1%) $299,549 (7.1%) 0.00 113
    2018-11-01 $299,000 (8.7%) $309,956 (10.3%) 0.00 105
    2018-12-01 $299,000 (3.1%) $302,181 (3.4%) 0.00 97
    2019-01-01 $299,000 (3.1%) $302,710 (6.8%) 0.00 91
    2019-02-01 $299,000 (3.1%) $307,502 (5.4%) 0.00 84
    2019-03-01 $299,000 (3.1%) $307,196 (2.1%) 0.00 88
    2019-04-01 $299,000 (3.1%) $308,680 (0.0%) 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 (12.3%) 0.00 131
    2019-09-01 $304,553 (5.0%) $336,769 (9.4%) 0.00 130
    2019-10-01 $311,250 (5.7%) $343,405 (14.6%) 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 (10.7%) 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 (10.4%) 0.00 90
    2020-03-01 $299,675 (0.2%) $347,557 (13.1%) 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
    Fort Morgan's median listing price for 2023-02-01 was $395,750, a difference of $73,275 (22.7%) versus the prior year and $27,750 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 2023-02-01 was $499,526, a difference of $138,960 (38.5%) versus the prior year and $185 versus the prior month.

    For the 2023-02-01 period, Fort Morgan had 75 MLS listings, a difference of -5 listings (-6%) versus the prior month and 35 listings (88%) 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 2,216 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 2,270 sqft
    2019-01-01 0 days 2,171 sqft
    2019-02-01 0 days 2,171 sqft
    2019-03-01 0 days 2,191 sqft
    2019-04-01 0 days 2,221 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
    Fort Morgan's median listing age (time on market) for 2023-02-01 was 0 days.

    Fort Morgan's median square footage for active listings during the 2023-02-01 period was 2,233 sqft. One year prior, the average listing was 2,020 sqft.

    Fort Morgan, CO Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 494 $140,190,000 $283,785
    Cash Out Refi 162 $33,580,000 $207,284
    Refi 84 $17,310,000 $206,071
    Home Improvement 44 $2,920,000 $66,364
    Other 43 $2,555,000 $59,419

    Fort Morgan's most frequently cited loan purpose was Home Purchase, with 494 originations. The 2nd most popular reason was Cash Out Refi, with 162 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 189 $54,525,000 $288,492
    4-5% 181 $49,115,000 $271,354
    3-4% 175 $44,775,000 $255,857
    6-7% 93 $19,625,000 $211,022
    <2.5% 56 $2,880,000 $51,429
    7-8% 28 $6,370,000 $227,500
    Over 8% 24 $2,990,000 $124,583
    2.5-3% 20 $5,050,000 $252,500

    During 2022, Fort Morgan's most frequently originated rate bucket was 5-6%, with 189 originations.

    Loan Sizing (Fort Morgan, CO MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 422 $122,240,000 $289,668
    $100,000 or less 170 $7,350,000 $43,235
    $100k-200k 147 $22,485,000 $152,959
    $400k-600k 77 $35,015,000 $454,740
    $600k-1000k 8 $5,800,000 $725,000
    $Over $1MM 3 $3,665,000 $1,221,667

    Fort Morgan's loan sizing saw the bucket of loans from $200k-400k with 422 originations, totaling $122,240,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 333 $106,465,000 $319,715
    60-80% 182 $49,200,000 $270,330
    Under 20% 122 $4,480,000 $36,721
    40-60% 67 $13,285,000 $198,284
    20-40% 49 $5,605,000 $114,388
    Over 100% 15 $5,435,000 $362,333

    Fort Morgan's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 333 originations, totaling $106,465,000 in origination value.