Frankfort Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Frankfort averaged 6.57% for the week of 2024-11-07, compared to the national average of 6.79% for the same period.

    The average rate for the prior week (2024-10-31) was 6.6% and one month ago for the week of 2024-10-03, the average rate was 6%.

    Frankfort's average rate one year ago was 7.84%.

    For refis of the same type during the week of 2024-11-07, the average rate was 7.19%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-07 6.79%
    Frankfort 30 Year Fixed Rate 2024-11-07 6.57%
    Frankfort 30 Year Fixed Rate Refi 2024-11-07 7.19%
    Frankfort 15 Year Fixed Rate 2024-11-07 5.9%
    Frankfort 15 Year Fixed Rate Refi 2024-11-07 6.2%
    Frankfort 30 Year FHA 2024-11-07 6.35%
    Frankfort 30 Year FHA Refi 2024-11-07 6.43%
    Frankfort 30 Year USDA 2024-11-07 6.48%
    Frankfort 30 Year USDA Refi 2024-11-07 6.28%
    Frankfort 30 Year VA 2024-11-07 6.31%
    Frankfort 30 Year VA Refi 2024-11-07 6.44%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Frankfort, KY.

    Frankfort 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 Frankfort, KY 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
    STOCKTON MORTGAGE CORPORATION 52 6.80% $4,812
    COMMONWEALTH 48 6.38% $2,566
    QUICKEN LOANS, LLC 27 6.90% $4,903
    Northpointe Bank 13 7.04% $5,764
    Guardian Savings Bank, A Federal Savings Bank 12 6.55% $1,014
    Independence Bank of Kentucky 11 6.47% $3,176
    Whitaker Bank 11 6.00% $2,033
    Bank of England 11 6.90% $4,543
    DAS Acquisition Company, LLC 9 6.87% $4,130
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 9 6.76% $5,370
    JPMorgan Chase Bank 8 6.76% $3,358
    Farm Credit Mid-America, ACA 8 7.05% $5,997
    Fifth Third Bank 8 6.82% $4,574
    UNITED WHOLESALE MORTGAGE, LLC 8 6.78% $9,784
    Community Trust Bank, Inc. 7 6.66% $1,658
    WesBanco 7 6.46% $4,518
    HOMESIDE FINANCIAL, LLC 7 6.84% $5,220
    City National Bank of West Virginia 6 6.33% $1,920
    Republic State Mortgage Co. 6 6.79% $4,230
    Republic Bank & Trust Company 6 6.88% $4,437
    Traditional Bank, Inc. 6 6.35% $2,664
    BETTER MORTGAGE CORPORATION 5 6.35% $4,660
    Prosperity Home Mortgage, LLC 5 6.53% $5,404
    UNION HOME MORTGAGE CORP. 5 6.83% $5,518
    U.S. Bank 5 7.23% $3,701
    Wells Fargo Bank 5 7.03% $5,616
    LOANDEPOT.COM, LLC 5 6.60% $5,249
    MUTUAL OF OMAHA MORTGAGE, INC. 5 6.95% $8,305
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 7.53% $5,492
    Stock Yards Bank & Trust Company 4 6.31% $3,343
    Mr. Cooper ( Nationstar Mortgage ) 4 6.90% $9,268
    PNC Bank 4 7.03% $3,459
    RUOFF MORTGAGE COMPANY, INC. 4 6.84% $4,509
    First National Bank of America 3 9.87% $9,883
    NAVY FEDERAL CREDIT UNION 3 7.54% $5,207
    GENEVA FINANCIAL, LLC 3 7.33% $7,157
    CHURCHILL MORTGAGE CORPORATION 3 6.50% $3,896
    Old National Bank 3 6.54% $5,122
    First Financial Bank 3 6.50% $4,180
    BROKER SOLUTIONS, INC. 3 7.45% $5,628
    ROYAL UNITED MORTGAGE LLC 3 6.79% $9,296
    CROSSCOUNTRY MORTGAGE, LLC 3 6.57% $4,922
    The Huntington National Bank 2 6.75% $7,306
    Flagstar Bank, FSB 2 7.25% $3,931
    First Savings Bank 2 7.06% $4,882
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.12% $5,430
    Central Bank 2 6.00% $3,417
    Plains Commerce Bank 2 6.69% $3,475
    Carrington Mortgage Services, LLC 2 5.81% $6,202
    PENNYMAC LOAN SERVICES, LLC 2 6.81% $3,380
    NBKC BANK 2 6.56% $3,364
    Magnolia Bank 2 7.25% $3,641
    DELMAR FINANCIAL COMPANY 2 6.38% $3,956
    SPIRE Credit Union 2 6.13% $6,189
    AMERISAVE MORTGAGE CORPORATION 2 6.63% $5,698
    Peoples Bank 1 7.13% $3,721
    American Mortgage & Equity Consultants, Inc. 1 7.13% $7,262
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.38% $9,000
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.75% $7,594
    Barrington Bank & Trust Company, N.A. 1 7.49% $7,324
    Central Kentucky Agricultural Credit Association 1 7.40% $2,827
    Citizens Bank 1 6.63% $10,423
    ENVOY MORTGAGE, LTD 1 7.50% $6,454
    EVANSVILLE TEACHERS 1 6.50% $2,536
    EVERETT FINANCIAL, INC. 1 6.25% $8,899
    FAIR WAY LENDING LLC 1 5.99% $8,393
    First American Bank 1 7.88% $9,297
    GENERAL ELECTRIC CREDIT UNION 1 6.13% $3,017
    German American Bank 1 6.63% $2,677
    GUARANTEED RATE, INC. 1 6.88% $3,268
    GUARANTY HOME MORTGAGE CORPORATION 1 6.75% $5,416
    LAKEVIEW LOAN SERVICING, LLC 1 5.63% $6,359
    L & N Federal Credit Union 1 7.63% $3,632
    MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 1 5.00% $3,012
    Mortgage Research Center, LLC 1 6.99% $3,624
    M&T Bank 1 6.25% $4,813
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.50% $3,737
    NEWREZ LLC 1 5.88% $3,037
    Paramount Residential Mortgage Group, Inc. 1 6.75% $6,658
    PARK COMMUNITY CREDIT UNION, INC. 1 5.88% $2,141
    AMERICAN FINANCING CORPORATION 1 7.63% $4,010
    Peoples Exchange Bank 1 6.38% $3,052
    PHH Mortgage Corporation 1 7.25% $12,856
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.99% $6,844
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $7,695
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 7.38% $6,003
    PURDUE FEDERAL CREDIT UNION 1 6.88% $5,129
    Servion, Inc. 1 6.38% $3,382
    SOUTH CENTRAL BANK, INC. 1 6.13% $3,084
    Southern Bank 1 7.25% $2,161
    The Citizens National Bank of Somerset 1 7.50% $1,734
    THE MORTGAGE WAREHOUSE,LLC 1 6.99% $6,776
    The Peoples Bank 1 6.63% $2,068
    Truist 1 5.60% $3,109
    Union Savings Bank 1 5.25% $1,650
    USAA Federal Savings Bank 1 6.75% $4,228
    VICTORY MORTGAGE, L.L.C. 1 6.25% $2,973

    Frankfort Average Closing Costs & Other Stats

    Frankfort, KY's 97 lenders originated 1,651 loans during 2023. The total origination value was $273,775,000, with an average loan value of $165,824.

    Frankfort's average closing costs are $4,398.

    The top Frankfort lender as defined by loan originations is STOCKTON MORTGAGE CORPORATION, with 52 loans originated. Their average total fees are $4,812, which is $2,246 higher than the next largest lender, COMMONWEALTH.

    The lowest fee Frankfort lenders (with over 10 loans originated) are Guardian Savings Bank, A Federal Savings Bank ($1,014), Whitaker Bank ($2,033), COMMONWEALTH ($2,566), Independence Bank of Kentucky ($3,176) and Bank of England ($4,543).

    The lowest rate Frankfort lenders (with over 10 loans originated) are Whitaker Bank (6.00%), COMMONWEALTH (6.38%), Independence Bank of Kentucky (6.47%), Guardian Savings Bank, A Federal Savings Bank (6.55%) and STOCKTON MORTGAGE CORPORATION (6.80%).

    Frankfort, KY 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
    COMMONWEALTH $43,325,000 $32,940,000 -24.0% 12.0%
    STOCKTON MORTGAGE CORPORATION $35,480,000 $24,610,000 -30.6% 9.0%
    QUICKEN LOANS, LLC $24,255,000 $12,815,000 -47.2% 4.7%
    Community Trust Bank, Inc. $14,215,000 $10,190,000 -28.3% 3.7%
    FIELD & MAIN BANK, INC. $7,755,000 n/a 2.8%
    Independence Bank of Kentucky $7,570,000 $7,685,000 1.5% 2.8%
    Mortgage Research Center, LLC $7,320,000 $7,445,000 1.7% 2.7%
    WesBanco $6,905,000 $7,310,000 5.9% 2.7%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $6,375,000 $6,395,000 0.3% 2.3%
    Northpointe Bank $1,225,000 $6,210,000 406.9% 2.3%
    UNITED WHOLESALE MORTGAGE, LLC $8,815,000 $5,705,000 -35.3% 2.1%
    Traditional Bank, Inc. $21,680,000 $5,640,000 -74.0% 2.1%
    Guardian Savings Bank, A Federal Savings Bank $7,630,000 $5,200,000 -31.8% 1.9%
    City National Bank of West Virginia $195,000 $4,860,000 2,392.3% 1.8%
    Fifth Third Bank $8,725,000 $4,755,000 -45.5% 1.7%
    Bank of England $3,115,000 $4,625,000 48.5% 1.7%
    Farm Credit Mid-America, ACA $3,845,000 $4,510,000 17.3% 1.6%
    First Financial Bank $4,030,000 $4,480,000 11.2% 1.6%
    Republic State Mortgage Co. $9,945,000 $4,085,000 -58.9% 1.5%
    HOMESIDE FINANCIAL, LLC $2,540,000 $3,640,000 43.3% 1.3%
    UNIVERSITY OF KENTUCKY $6,975,000 $3,455,000 -50.5% 1.3%
    Whitaker Bank $1,605,000 $3,345,000 108.4% 1.2%
    GENEVA FINANCIAL, LLC $4,830,000 $2,695,000 -44.2% 1.0%
    Republic Bank & Trust Company $6,735,000 $2,585,000 -61.6% 0.9%
    NAVY FEDERAL CREDIT UNION $2,085,000 $2,375,000 13.9% 0.9%
    DAS Acquisition Company, LLC $3,105,000 $2,290,000 -26.2% 0.8%
    LOANDEPOT.COM, LLC $3,390,000 $2,160,000 -36.3% 0.8%
    PENNYMAC LOAN SERVICES, LLC $2,925,000 $2,095,000 -28.4% 0.8%
    RUOFF MORTGAGE COMPANY, INC. $1,020,000 $1,995,000 95.6% 0.7%
    U.S. Bank $1,770,000 $1,980,000 11.9% 0.7%
    JPMorgan Chase Bank $3,275,000 $1,965,000 -40.0% 0.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,865,000 $1,940,000 -71.7% 0.7%
    Stock Yards Bank & Trust Company $715,000 $1,925,000 169.2% 0.7%
    UNION HOME MORTGAGE CORP. $1,090,000 $1,880,000 72.5% 0.7%
    Central Bank $2,245,000 $1,845,000 -17.8% 0.7%
    Old National Bank $3,090,000 $1,765,000 -42.9% 0.6%
    Wells Fargo Bank $1,350,000 $1,715,000 27.0% 0.6%
    MUTUAL OF OMAHA MORTGAGE, INC. $2,300,000 $1,635,000 -28.9% 0.6%
    PNC Bank $3,775,000 $1,630,000 -56.8% 0.6%
    Century Mortgage Company DBA Century Lending Company $1,780,000 $1,620,000 -9.0% 0.6%
    L & N Federal Credit Union $55,000 $1,620,000 2,845.5% 0.6%
    Prosperity Home Mortgage, LLC $2,485,000 $1,590,000 -36.0% 0.6%
    BETTER MORTGAGE CORPORATION $385,000 $1,510,000 292.2% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $3,785,000 $1,465,000 -61.3% 0.5%
    BROKER SOLUTIONS, INC. $1,485,000 $1,400,000 -5.7% 0.5%
    FREEDOM MORTGAGE CORPORATION $3,620,000 $1,340,000 -63.0% 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $980,000 $1,325,000 35.2% 0.5%
    Citizens Commerce Bank $7,805,000 $1,300,000 -83.3% 0.5%
    Peoples Exchange Bank $2,680,000 $1,200,000 -55.2% 0.4%
    AMERISAVE MORTGAGE CORPORATION $3,035,000 $1,145,000 -62.3% 0.4%
    Magnolia Bank $2,075,000 $1,095,000 -47.2% 0.4%
    The Huntington National Bank $1,110,000 $1,040,000 -6.3% 0.4%
    PLANET HOME LENDING, LLC $1,030,000 n/a 0.4%
    ROYAL UNITED MORTGAGE LLC $365,000 $1,020,000 179.5% 0.4%
    USAA Federal Savings Bank $1,490,000 $1,005,000 -32.6% 0.4%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $320,000 $975,000 204.7% 0.4%
    SOUTH CENTRAL BANK, INC. $755,000 $955,000 26.5% 0.3%
    INTERLINC MORTGAGE SERVICES, LLC $380,000 $900,000 136.8% 0.3%
    Carrington Mortgage Services, LLC $2,495,000 $895,000 -64.1% 0.3%
    Bank of Lexington, Inc. $560,000 $880,000 57.1% 0.3%
    The Monticello Banking Company $875,000 n/a 0.3%
    Truist $1,990,000 $860,000 -56.8% 0.3%
    NEWREZ LLC $1,310,000 $845,000 -35.5% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,700,000 $840,000 -50.6% 0.3%
    The Farmers Bank $1,030,000 $805,000 -21.8% 0.3%
    VANDERBILT MORTGAGE AND FINANCE, INC. $790,000 $780,000 -1.3% 0.3%
    The Peoples Bank $240,000 $735,000 206.3% 0.3%
    SPIRE Credit Union $710,000 n/a 0.3%
    Barrington Bank & Trust Company, N.A. $275,000 $690,000 150.9% 0.3%
    MOVEMENT MORTGAGE, LLC $695,000 $620,000 -10.8% 0.2%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $610,000 n/a 0.2%
    First National Bank of America $75,000 $605,000 706.7% 0.2%
    GUARANTY HOME MORTGAGE CORPORATION $1,995,000 $605,000 -69.7% 0.2%
    AgFirst Farm Credit Bank $690,000 $585,000 -15.2% 0.2%
    German American Bank $1,050,000 $585,000 -44.3% 0.2%
    GUARANTEED RATE, INC. $1,310,000 $575,000 -56.1% 0.2%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,585,000 $570,000 -64.0% 0.2%
    PENTAGON FEDERAL CREDIT UNION $1,055,000 $560,000 -46.9% 0.2%
    PHH Mortgage Corporation $445,000 $545,000 22.5% 0.2%
    Flagstar Bank, FSB $435,000 $525,000 20.7% 0.2%
    ENVOY MORTGAGE, LTD $1,050,000 $515,000 -51.0% 0.2%
    The Federal Savings Bank $625,000 $515,000 -17.6% 0.2%
    THRIVE MORTGAGE, LLC $310,000 $510,000 64.5% 0.2%
    ENDEAVOR CAPITAL, LLC. $235,000 $495,000 110.6% 0.2%
    Citizens Bank $2,350,000 $490,000 -79.1% 0.2%
    Plains Commerce Bank $315,000 $485,000 54.0% 0.2%
    The Citizens National Bank of Somerset $2,760,000 $485,000 -82.4% 0.2%
    Bank of the Bluegrass & Trust Co. $460,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $680,000 $455,000 -33.1% 0.2%
    VICTORY MORTGAGE, L.L.C. $450,000 n/a 0.2%
    First American Bank $445,000 n/a 0.2%
    NEW DAY FINANCIAL, LLC $1,155,000 $445,000 -61.5% 0.2%
    Peoples Bank $225,000 $435,000 93.3% 0.2%
    THE MORTGAGE WAREHOUSE,LLC $185,000 $430,000 132.4% 0.2%
    FIRST STATE MORTGAGE SERVICES, LLC $425,000 n/a 0.2%
    BAYSHORE MORTGAGE FUNDING, LLC $420,000 n/a 0.2%
    First Savings Bank $375,000 $420,000 12.0% 0.2%
    CALIBER HOME LOANS, INC. $1,035,000 $415,000 -59.9% 0.2%
    First Federal Bank $415,000 n/a 0.2%
    EVANSVILLE TEACHERS $2,170,000 $410,000 -81.1% 0.1%
    Paramount Residential Mortgage Group, Inc. $585,000 $410,000 -29.9% 0.1%
    PARK COMMUNITY CREDIT UNION, INC. $1,500,000 $405,000 -73.0% 0.1%
    EVERETT FINANCIAL, INC. $1,005,000 $400,000 -60.2% 0.1%
    Renasant Bank $400,000 n/a 0.1%
    Limestone Bank, Inc. $2,710,000 $385,000 -85.8% 0.1%
    NBKC BANK $430,000 $380,000 -11.6% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $195,000 $375,000 92.3% 0.1%
    Central Kentucky Agricultural Credit Association $105,000 $360,000 242.9% 0.1%
    DELMAR FINANCIAL COMPANY $360,000 n/a 0.1%
    TOP FLITE FINANCIAL, INC. $600,000 $350,000 -41.7% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $1,565,000 $335,000 -78.6% 0.1%
    Ameris Bank $325,000 n/a 0.1%
    American Mortgage & Equity Consultants, Inc. $315,000 n/a 0.1%
    GoPrime Mortgage, Inc. $295,000 n/a 0.1%
    BNC National Bank $285,000 n/a 0.1%
    LAKEVIEW LOAN SERVICING, LLC $525,000 $280,000 -46.7% 0.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $275,000 n/a 0.1%
    PURDUE FEDERAL CREDIT UNION $275,000 n/a 0.1%
    TOTAL MORTGAGE SERVICES, LLC $275,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $270,000 n/a 0.1%
    EMM LOANS LLC $700,000 $260,000 -62.9% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $175,000 $255,000 45.7% 0.1%
    FIRST COMMUNITY MORTGAGE, INC. $265,000 $255,000 -3.8% 0.1%
    SOUTHWEST STAGE FUNDING, LLC $245,000 n/a 0.1%
    FAIR WAY LENDING LLC $195,000 $235,000 20.5% 0.1%
    MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $235,000 n/a 0.1%
    Farmers Bank and Trust Company $1,420,000 $225,000 -84.2% 0.1%
    Equity Prime Mortgage LLC $565,000 $215,000 -61.9% 0.1%
    SPRING EQ, LLC $130,000 $200,000 53.8% 0.1%
    PACIFIC RESIDENTIAL MORTGAGE, LLC $195,000 n/a 0.1%
    Quontic Bank $195,000 $195,000 0.0% 0.1%
    CLASS ACT FEDERAL CREDIT UNION $190,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $185,000 n/a 0.1%
    Cincinnati Federal $175,000 n/a 0.1%
    Kentucky Farmers Bank Corporation $175,000 n/a 0.1%
    SOVEREIGN LENDING GROUP INCORPORATED $310,000 $175,000 -43.5% 0.1%
    BAY EQUITY LLC $1,000,000 $165,000 -83.5% 0.1%
    Union Savings Bank $235,000 $155,000 -34.0% 0.1%
    21ST MORTGAGE CORPORATION $285,000 $150,000 -47.4% 0.1%
    MEMBERS HERITAGE Credit Union $310,000 $145,000 -53.2% 0.1%
    Servion, Inc. $145,000 n/a 0.1%
    Abound Federal Credit Union $345,000 $135,000 -60.9% 0.0%
    SWBC MORTGAGE CORPORATION $135,000 n/a 0.0%
    AMERICAN HERITAGE LENDING, INC. $420,000 $125,000 -70.2% 0.0%
    AMERICAN INTERNET MORTGAGE, INC. $125,000 n/a 0.0%
    Discover Bank $355,000 $125,000 -64.8% 0.0%
    GUILD MORTGAGE COMPANY $125,000 n/a 0.0%
    Coastal Community Bank $120,000 n/a 0.0%
    NATIONWIDE MORTGAGE BANKERS, INC. $115,000 n/a 0.0%
    SUCCESS MORTGAGE PARTNERS, INC. $165,000 $115,000 -30.3% 0.0%
    T2 FINANCIAL LLC $115,000 n/a 0.0%
    USE Credit Union $115,000 n/a 0.0%
    Bank First, N.A. $105,000 n/a 0.0%
    M&T Bank $155,000 $105,000 -32.3% 0.0%
    Southern Bank $95,000 n/a 0.0%
    GENERAL ELECTRIC CREDIT UNION $85,000 n/a 0.0%
    LENDINGHOME FUNDING CORPORATION $85,000 n/a 0.0%
    The Lincoln National Bank of Hodgenville $75,000 n/a 0.0%
    AMERICAN FINANCING CORPORATION $160,000 $65,000 -59.4% 0.0%
    ALTRA $25,000 $45,000 80.0% 0.0%
    Cumberland Valley National Bank & Trust Company $35,000 n/a 0.0%
    Bank of America $290,000 $25,000 -91.4% 0.0%

    Frankfort's top lender by overall market share is COMMONWEALTH, with 12.0% market share. In second place, with 9.0%, is STOCKTON MORTGAGE CORPORATION, having originated $24,610,000 in loans. In third place, with 4.7%, is QUICKEN LOANS, LLC, having originated $12,815,000 in loans. In fourth place, with 3.7%, is Community Trust Bank, Inc., having originated $10,190,000 in loans. In fifth place, with 2.8%, is FIELD & MAIN BANK, INC., having originated $7,755,000 in loans.

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

    Realtor.com - Frankfort (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 $179,900 (20.0%) $234,071 (17.6%) 0.00 246
    2018-02-01 $175,200 (7.9%) $233,568 (5.9%) 0.00 229
    2018-03-01 $172,450 (6.2%) $230,636 (0.7%) 0.00 222
    2018-04-01 $197,450 (19.7%) $252,258 (7.6%) 0.00 223
    2018-05-01 $209,375 (26.4%) $256,449 (11.2%) 0.00 245
    2018-06-01 $219,000 (27.0%) $262,650 (10.8%) 0.00 251
    2018-07-01 $224,900 (25.0%) $265,752 (10.1%) 0.00 283
    2018-08-01 $224,975 (25.4%) $267,644 (10.0%) 0.00 296
    2018-09-01 $227,500 (27.1%) $269,349 (8.0%) 0.00 285
    2018-10-01 $214,100 (16.1%) $265,416 (7.8%) 0.00 276
    2018-11-01 $195,829 (7.9%) $251,637 (2.4%) 0.00 268
    2018-12-01 $189,900 (4.3%) $246,015 (1.5%) 0.00 256
    2019-01-01 $189,075 (5.1%) $235,776 (0.7%) 0.00 247
    2019-02-01 $190,950 (9.0%) $251,182 (7.5%) 0.00 239
    2019-03-01 $206,943 (20.0%) $265,193 (15.0%) 0.00 224
    2019-04-01 $223,375 (13.1%) $282,163 (11.9%) 0.00 208
    2019-05-01 $219,900 (5.0%) $282,608 (10.2%) 0.00 211
    2019-06-01 $218,000 (-0.5%) $278,600 (6.1%) 0.00 192
    2019-07-01 $193,725 (-13.9%) $262,645 (-1.2%) 0.00 219
    2019-08-01 $198,691 (-11.7%) $261,111 (-2.4%) 0.00 224
    2019-09-01 $205,052 (-9.9%) $262,052 (-2.7%) 0.00 223
    2019-10-01 $209,225 (-2.3%) $262,679 (-1.0%) 0.00 233
    2019-11-01 $218,400 (11.5%) $282,147 (12.1%) 0.00 241
    2019-12-01 $215,900 (13.7%) $287,080 (16.7%) 0.00 236
    2020-01-01 $219,250 (16.0%) $287,263 (21.8%) 0.00 216
    2020-02-01 $226,750 (18.8%) $299,098 (19.1%) 0.00 191
    2020-03-01 $245,236 (18.5%) $305,023 (15.0%) 0.00 174
    2020-04-01 $244,639 (9.5%) $303,086 (7.4%) 0.00 165
    2020-05-01 $259,860 (18.2%) $334,162 (18.2%) 0.00 158
    2020-06-01 $252,000 (15.6%) $357,114 (28.2%) 0.00 131
    2020-07-01 $255,425 (31.9%) $349,922 (33.2%) 0.00 134
    2020-08-01 $242,120 (21.9%) $320,788 (22.9%) 0.00 122
    2020-09-01 $234,650 (14.4%) $317,210 (21.1%) 0.00 117
    2020-10-01 $213,450 (2.0%) $312,062 (18.8%) 0.00 123
    2020-11-01 $215,900 (-1.1%) $298,751 (5.9%) 0.00 127
    2020-12-01 $199,500 (-7.6%) $275,044 (-4.2%) 0.00 126
    2021-01-01 $195,000 (-11.1%) $271,927 (-5.3%) 0.00 113
    2021-02-01 $250,650 (10.5%) $311,071 (4.0%) 0.00 83
    2021-03-01 $252,175 (2.8%) $304,138 (-0.3%) 0.00 74
    2021-04-01 $257,400 (5.2%) $286,813 (-5.4%) 0.00 58
    2021-05-01 $263,970 (1.6%) $298,726 (-10.6%) 0.00 62
    2021-06-01 $229,450 (-9.0%) $285,507 (-20.1%) 0.00 76
    2021-07-01 $240,000 (-6.0%) $285,188 (-18.5%) 0.00 98
    2021-08-01 $234,975 (-3.0%) $267,570 (-16.6%) 0.00 108
    2021-09-01 $240,825 (2.6%) $280,858 (-11.5%) 0.00 124
    2021-10-01 $229,900 (7.7%) $280,683 (-10.1%) 0.00 133
    2021-11-01 $238,625 (10.5%) $273,328 (-8.5%) 0.00 118
    2021-12-01 $229,675 (15.1%) $279,180 (1.5%) 0.00 105
    2022-01-01 $222,500 (14.1%) $270,704 (-0.5%) 0.00 94
    2022-02-01 $231,975 (-7.5%) $272,826 (-12.3%) 0.00 74
    2022-03-01 $268,575 (6.5%) $293,104 (-3.6%) 0.00 62
    2022-04-01 $279,900 (8.7%) $263,607 (-8.1%) 0.00 56
    2022-05-01 $278,725 (5.6%) $290,312 (-2.8%) 0.00 56
    2022-06-01 $279,106 (21.6%) $294,436 (3.1%) 0.00 64
    2022-07-01 $279,000 (16.3%) $318,575 (11.7%) 0.00 87
    2022-08-01 $282,000 (20.0%) $327,579 (22.4%) 0.00 104
    2022-09-01 $296,500 (23.1%) $338,394 (20.5%) 0.00 114
    2022-10-01 $294,700 (28.2%) $343,167 (22.3%) 0.00 134
    2022-11-01 $287,625 (20.5%) $340,287 (24.5%) 0.00 143
    2022-12-01 $285,000 (24.1%) $335,950 (20.3%) 0.00 133
    2023-01-01 $310,700 (39.6%) $354,477 (31.0%) 0.00 115
    2023-02-01 $299,450 (29.1%) $344,475 (26.3%) 0.00 106
    2023-03-01 $317,975 (18.4%) $349,575 (19.3%) 0.00 105
    2023-04-01 $315,928 (12.9%) $343,931 (30.5%) 0.00 91
    2023-05-01 $327,414 (17.5%) $360,095 (24.0%) 0.00 82
    2023-06-01 $351,215 (25.8%) $364,602 (23.8%) 0.00 94
    2023-07-01 $333,658 (19.6%) $350,292 (10.0%) 0.00 101
    2023-08-01 $324,950 (15.2%) $355,026 (8.4%) 0.00 88
    2023-09-01 $287,000 (-3.2%) $343,409 (1.5%) 0.00 103
    2023-10-01 $307,200 (4.2%) $349,205 (1.8%) 0.00 112
    2023-11-01 $302,975 (5.3%) $349,171 (2.6%) 0.00 117
    2023-12-01 $299,900 (5.2%) $337,211 (0.4%) 0.00 105
    2024-01-01 $309,900 (-0.3%) $344,113 (-2.9%) 0.00 97
    2024-02-01 $304,475 (1.7%) $343,427 (-0.3%) 0.00 87
    2024-03-01 $344,950 (8.5%) $349,013 (-0.2%) 0.00 87
    2024-04-01 $340,445 (7.8%) $380,689 (10.7%) 0.00 101
    2024-05-01 $372,450 (13.8%) $431,743 (19.9%) 0.00 101
    2024-06-01 $346,530 (-1.3%) $389,537 (6.8%) 0.00 119
    2024-07-01 $329,250 (-1.3%) $391,456 (11.8%) 0.00 137
    2024-08-01 $345,000 (6.2%) $387,748 (9.2%) 0.00 149
    2024-09-01 $345,000 (20.2%) $368,668 (7.4%) 0.00 169
    2024-10-01 $345,233 (12.4%) $369,645 (5.9%) 0.00 169
    Frankfort's median listing price for 2024-10-01 was $345,233, a difference of $38,033 (12.4%) versus the prior year and $233 versus the prior month.

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

    Frankfort's average listing price for 2024-10-01 was $369,645, a difference of $20,440 (5.9%) versus the prior year and $977 versus the prior month.

    For the 2024-10-01 period, Frankfort had 169 MLS listings, a difference of 0 listings (0%) versus the prior month and 57 listings (51%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Frankfort (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,818 sqft
    2018-02-01 0 days 1,788 sqft
    2018-03-01 0 days 1,765 sqft
    2018-04-01 0 days 1,867 sqft
    2018-05-01 0 days 1,960 sqft
    2018-06-01 0 days 2,022 sqft
    2018-07-01 0 days 2,033 sqft
    2018-08-01 0 days 2,077 sqft
    2018-09-01 0 days 2,041 sqft
    2018-10-01 0 days 1,992 sqft
    2018-11-01 0 days 1,890 sqft
    2018-12-01 0 days 1,859 sqft
    2019-01-01 0 days 1,818 sqft
    2019-02-01 0 days 1,850 sqft
    2019-03-01 0 days 1,926 sqft
    2019-04-01 0 days 2,011 sqft
    2019-05-01 0 days 2,024 sqft
    2019-06-01 0 days 2,024 sqft
    2019-07-01 0 days 1,948 sqft
    2019-08-01 0 days 1,898 sqft
    2019-09-01 0 days 1,877 sqft
    2019-10-01 0 days 1,863 sqft
    2019-11-01 0 days 1,874 sqft
    2019-12-01 0 days 1,883 sqft
    2020-01-01 0 days 1,898 sqft
    2020-02-01 0 days 1,975 sqft
    2020-03-01 0 days 2,014 sqft
    2020-04-01 0 days 2,013 sqft
    2020-05-01 0 days 2,039 sqft
    2020-06-01 0 days 2,037 sqft
    2020-07-01 0 days 2,038 sqft
    2020-08-01 0 days 1,943 sqft
    2020-09-01 0 days 1,829 sqft
    2020-10-01 0 days 1,803 sqft
    2020-11-01 0 days 1,817 sqft
    2020-12-01 0 days 1,722 sqft
    2021-01-01 0 days 1,777 sqft
    2021-02-01 0 days 1,916 sqft
    2021-03-01 0 days 1,868 sqft
    2021-04-01 0 days 1,825 sqft
    2021-05-01 0 days 1,804 sqft
    2021-06-01 0 days 1,777 sqft
    2021-07-01 0 days 1,786 sqft
    2021-08-01 0 days 1,764 sqft
    2021-09-01 0 days 1,763 sqft
    2021-10-01 0 days 1,669 sqft
    2021-11-01 0 days 1,660 sqft
    2021-12-01 0 days 1,677 sqft
    2022-01-01 0 days 1,619 sqft
    2022-02-01 0 days 1,571 sqft
    2022-03-01 0 days 1,728 sqft
    2022-04-01 0 days 1,736 sqft
    2022-05-01 0 days 1,732 sqft
    2022-06-01 0 days 1,743 sqft
    2022-07-01 0 days 1,807 sqft
    2022-08-01 0 days 1,830 sqft
    2022-09-01 0 days 1,923 sqft
    2022-10-01 0 days 1,977 sqft
    2022-11-01 0 days 1,892 sqft
    2022-12-01 0 days 1,863 sqft
    2023-01-01 0 days 2,026 sqft
    2023-02-01 0 days 1,972 sqft
    2023-03-01 0 days 2,018 sqft
    2023-04-01 0 days 1,903 sqft
    2023-05-01 0 days 1,916 sqft
    2023-06-01 0 days 2,031 sqft
    2023-07-01 0 days 2,010 sqft
    2023-08-01 0 days 1,936 sqft
    2023-09-01 0 days 1,836 sqft
    2023-10-01 0 days 1,906 sqft
    2023-11-01 0 days 1,829 sqft
    2023-12-01 0 days 1,804 sqft
    2024-01-01 0 days 1,800 sqft
    2024-02-01 0 days 1,756 sqft
    2024-03-01 0 days 1,844 sqft
    2024-04-01 0 days 1,831 sqft
    2024-05-01 0 days 1,957 sqft
    2024-06-01 0 days 2,010 sqft
    2024-07-01 0 days 1,994 sqft
    2024-08-01 0 days 2,015 sqft
    2024-09-01 0 days 1,938 sqft
    2024-10-01 0 days 1,911 sqft
    Frankfort's median listing age (time on market) for 2024-10-01 was 0 days.

    Frankfort's median square footage for active listings during the 2024-10-01 period was 1,911 sqft. One year prior, the average listing was 1,906 sqft.

    Frankfort, KY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 838 $189,850,000 $226,551
    Home Improvement 238 $16,970,000 $71,303
    Other 229 $16,805,000 $73,384
    Cash Out Refi 199 $28,755,000 $144,497
    Refi 147 $21,395,000 $145,544

    Frankfort's most frequently cited loan purpose was Home Purchase, with 838 originations. The 2nd most popular reason was Home Improvement, with 238 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 563 $113,785,000 $202,105
    7-8% 391 $62,735,000 $160,448
    Over 8% 374 $32,930,000 $88,048
    5-6% 212 $44,880,000 $211,698
    <2.5% 36 $2,640,000 $73,333
    3-4% 30 $860,000 $28,667
    4-5% 10 $1,840,000 $184,000
    2.5-3% 2 $160,000 $80,000

    During 2023, Frankfort's most frequently originated rate bucket was 6-7%, with 563 originations.

    Loan Sizing (Frankfort, KY MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 594 $29,880,000 $50,303
    $100k-200k 547 $82,485,000 $150,795
    $200k-400k 439 $114,985,000 $261,925
    $400k-600k 50 $23,110,000 $462,200
    $600k-1000k 17 $11,775,000 $692,647
    $Over $1MM 4 $11,540,000 $2,885,000

    Frankfort's loan sizing saw the bucket of loans from $100,000 or less with 594 originations, totaling $29,880,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 559 $130,085,000 $232,710
    Under 20% 300 $11,280,000 $37,600
    60-80% 296 $62,160,000 $210,000
    20-40% 273 $23,425,000 $85,806
    40-60% 170 $27,570,000 $162,176
    Over 100% 17 $4,955,000 $291,471

    Frankfort's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 559 originations, totaling $130,085,000 in origination value.