Garden City Mortgage Rates

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  • Trends
  • Rates vs. Fees
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  • Market Share
  • Loan Attributes
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  • Time on Market/Property Size
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Garden City averaged 6.12% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

    The average rate for the prior week (2022-06-16) was 5.99% and one month ago for the week of 2022-05-19, the average rate was 5.26%.

    Garden City's average rate one year ago was 3.2%.

    For refis of the same type during the week of 2022-06-23, the average rate was 5.87%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-06-23 5.81%
    Garden City 30 Year Fixed Rate 2022-06-23 6.12%
    Garden City 30 Year Fixed Rate Refi 2022-06-23 5.87%
    Garden City 15 Year Fixed Rate 2022-06-23 4.61%
    Garden City 15 Year Fixed Rate Refi 2022-06-23 4.81%
    Garden City 30 Year FHA 2022-06-23 0.01%
    Garden City 30 Year FHA Refi 2022-06-23 0.17%
    Garden City 30 Year USDA 2022-06-23 -0.05%
    Garden City 30 Year USDA Refi 2022-06-23 -0.33%
    Garden City 30 Year VA 2022-06-23 0.03%
    Garden City 30 Year VA Refi 2022-06-23 0.11%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Garden City, KS.

    Garden City Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Garden City, KS 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    GOLDEN PLAINS 98 2.96% $1,452
    Wells Fargo Bank 24 3.15% $1,841
    QUICKEN LOANS, LLC 20 3.17% $4,260
    Landmark National Bank 14 2.98% $1,733
    GUARANTEED RATE, INC. 8 3.28% $2,970
    LOANDEPOT.COM, LLC 8 3.36% $4,391
    UNION HOME MORTGAGE CORP. 5 3.30% $3,403
    Commerce Bank 4 3.06% $2,171
    Bank of the West 4 3.41% $4,260
    Bank of America 3 2.88% $3,243
    BETTER MORTGAGE CORPORATION 3 2.96% $2,208
    First Mortgage Solutions, LLC 2 2.81% $2,171
    CALIBER HOME LOANS, INC. 2 2.80% $2,708
    AMERICAN FINANCING CORPORATION 2 3.38% $3,132
    HEARTLAND CREDIT UNION 1 2.88% $1,423
    HOMESIDE FINANCIAL, LLC 1 3.13% $3,298
    Independent Bank 1 2.63% $2,736
    JPMorgan Chase Bank 1 2.88% $4,358
    MERITRUST Federal Credit Union 1 2.88% $3,100
    Mr. Cooper ( Nationstar Mortgage ) 1 3.13% $3,940
    NBH Bank 1 3.25% $1,998
    PENNYMAC LOAN SERVICES, LLC 1 2.75% $1,648
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.25% $3,818
    RUOFF MORTGAGE COMPANY, INC. 1 3.13% $2,545
    S1L, Inc. 1 3.25% $3,128
    UMB Bank 1 3.25% $2,084
    Union Bank and Trust Company 1 3.00% $1,696
    United Fidelity Funding Corp. 1 3.25% $5,168
    U.S. Bank 1 3.25% $2,282
    21ST MORTGAGE CORPORATION 1 5.25% $5,763
    ZILLOW HOME LOANS, LLC 1 3.25% $3,393
    AMERISAVE MORTGAGE CORPORATION 1 2.99% $3,319
    ASSEMBLIES OF GOD Credit Union 1 2.75% $1,648
    BMO Harris Bank 1 3.00% $3,174
    BROKER SOLUTIONS, INC. 1 3.25% $3,289
    Citibank 1 2.63% $3,042
    Colonial Savings, F.A. 1 2.88% $0
    Deere Employees Credit Union 1 2.25% $2,170
    Deseret First Credit Union 1 4.13% $3,540
    Fidelity Bank 1 2.88% $2,245
    FINANCE OF AMERICA MORTGAGE LLC 1 3.13% $4,658
    Flagstar Bank, FSB 1 2.75% $3,807
    FLAT BRANCH MORTGAGE, INC. 1 3.25% $3,667
    GUILD MORTGAGE COMPANY 1 3.25% $1,503

    Garden City, KS's 44 lenders originated 653 loans during 2021. The total origination value was $119,605,000, with an average loan value of $183,162.

    The top Garden City lender as defined by loan originations is GOLDEN PLAINS, with 98 loans originated. Their average total fees are $1,452, which is $389 lower than the next largest lender, Wells Fargo Bank.

    The lowest fee Garden City lenders (with over 10 loans originated) are GOLDEN PLAINS ($1,452), Landmark National Bank ($1,733), Wells Fargo Bank ($1,841), QUICKEN LOANS, LLC ($4,260) and .

    The lowest rate Garden City lenders (with over 10 loans originated) are GOLDEN PLAINS (2.96%), Landmark National Bank (2.98%), Wells Fargo Bank (3.15%), QUICKEN LOANS, LLC (3.17%) and .

    Garden City, KS Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    GOLDEN PLAINS $50,785,000 $34,560,000 -31.9% 28.9%
    QUICKEN LOANS, LLC $12,330,000 $12,270,000 -0.5% 10.3%
    Capitol Federal Savings Bank $11,315,000 n/a 9.5%
    Landmark National Bank $12,435,000 $10,345,000 -16.8% 8.6%
    Wells Fargo Bank $12,645,000 $8,230,000 -34.9% 6.9%
    UNION HOME MORTGAGE CORP. $3,540,000 $5,480,000 54.8% 4.6%
    GUARANTEED RATE, INC. $4,005,000 n/a 3.3%
    LOANDEPOT.COM, LLC $435,000 $2,225,000 411.5% 1.9%
    Commerce Bank $1,710,000 $2,205,000 28.9% 1.8%
    Adams Bank & Trust $1,925,000 n/a 1.6%
    FREEDOM MORTGAGE CORPORATION $1,635,000 $1,765,000 8.0% 1.5%
    Mr. Cooper ( Nationstar Mortgage ) $1,515,000 $1,655,000 9.2% 1.4%
    Mortgage Research Center, LLC $1,535,000 $1,650,000 7.5% 1.4%
    FINANCE OF AMERICA MORTGAGE LLC $410,000 $1,610,000 292.7% 1.3%
    PENNYMAC LOAN SERVICES, LLC $1,255,000 n/a 1.0%
    Bank of the West $955,000 $1,150,000 20.4% 1.0%
    HOME POINT FINANCIAL CORPORATION $125,000 $985,000 688.0% 0.8%
    NBKC BANK $700,000 $820,000 17.1% 0.7%
    NEWREZ LLC $35,000 $765,000 2,085.7% 0.6%
    First Mortgage Solutions, LLC $735,000 n/a 0.6%
    CALIBER HOME LOANS, INC. $700,000 n/a 0.6%
    BETTER MORTGAGE CORPORATION $625,000 n/a 0.5%
    Bank of America $85,000 $575,000 576.5% 0.5%
    Carrington Mortgage Services, LLC $215,000 $525,000 144.2% 0.4%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $490,000 n/a 0.4%
    GUILD MORTGAGE COMPANY $460,000 n/a 0.4%
    FLAT BRANCH MORTGAGE, INC. $235,000 $450,000 91.5% 0.4%
    AMERICAN FINANCING CORPORATION $380,000 $430,000 13.2% 0.4%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $680,000 $400,000 -41.2% 0.3%
    CMG MORTGAGE, INC. $145,000 $390,000 169.0% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $380,000 n/a 0.3%
    NAVY FEDERAL CREDIT UNION $450,000 $375,000 -16.7% 0.3%
    BROKER SOLUTIONS, INC. $195,000 $370,000 89.7% 0.3%
    SOFI LENDING CORP. $345,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $295,000 $340,000 15.3% 0.3%
    Farmers State Bank of Alto Pass $305,000 n/a 0.3%
    Fidelity Bank $285,000 n/a 0.2%
    Trinity Oaks Mortgage, LLC $285,000 n/a 0.2%
    21ST MORTGAGE CORPORATION $155,000 $280,000 80.6% 0.2%
    Deere Employees Credit Union $280,000 n/a 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $340,000 $265,000 -22.1% 0.2%
    USAA Federal Savings Bank $500,000 $265,000 -47.0% 0.2%
    PANORAMA MORTGAGE GROUP, LLC $255,000 n/a 0.2%
    MERITRUST Federal Credit Union $260,000 $245,000 -5.8% 0.2%
    NBH Bank $125,000 $245,000 96.0% 0.2%
    Barrington Bank & Trust Company, N.A. $565,000 $235,000 -58.4% 0.2%
    PHH Mortgage Corporation $235,000 n/a 0.2%
    BMO Harris Bank $225,000 n/a 0.2%
    Colonial Savings, F.A. $225,000 n/a 0.2%
    JPMorgan Chase Bank $855,000 $215,000 -74.9% 0.2%
    Citibank $205,000 n/a 0.2%
    Union Bank and Trust Company $205,000 n/a 0.2%
    ACCELERATE MORTGAGE, LLC $195,000 n/a 0.2%
    S1L, Inc. $195,000 n/a 0.2%
    United Fidelity Funding Corp. $205,000 $195,000 -4.9% 0.2%
    U.S. Bank $605,000 $190,000 -68.6% 0.2%
    HEARTLAND CREDIT UNION $185,000 n/a 0.2%
    ASSEMBLIES OF GOD Credit Union $165,000 n/a 0.1%
    The Bennington State Bank $165,000 n/a 0.1%
    Deseret First Credit Union $155,000 n/a 0.1%
    Independent Bank $155,000 n/a 0.1%
    UMB Bank $155,000 n/a 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $155,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $565,000 $155,000 -72.6% 0.1%
    ENDEAVOR CAPITAL, LLC. $145,000 n/a 0.1%
    The Federal Savings Bank $145,000 n/a 0.1%
    AMERICAN ADVISORS GROUP $135,000 n/a 0.1%
    Flagstar Bank, FSB $135,000 n/a 0.1%
    Chicago Mortgage Solutions LLC $125,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $230,000 $125,000 -45.7% 0.1%
    Nations Lending Corporation $125,000 n/a 0.1%
    Figure Lending LLC $95,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $245,000 $85,000 -65.3% 0.1%
    LOANPAL, LLC $85,000 n/a 0.1%
    Equity Bank $885,000 $75,000 -91.5% 0.1%
    KANSAS STATE UNIVERSITY Federal Credit Union $75,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $415,000 $75,000 -81.9% 0.1%
    RUOFF MORTGAGE COMPANY, INC. $55,000 n/a 0.0%

    Garden City's top lender by overall market share is GOLDEN PLAINS, with 28.9% market share. In second place, with 10.3%, is QUICKEN LOANS, LLC, having originated $12,270,000 in loans. In third place, with 9.5%, is Capitol Federal Savings Bank, having originated $11,315,000 in loans. In third place, with 8.6%, is Landmark National Bank, having originated $10,345,000 in loans. In third place, with 6.9%, is Wells Fargo Bank, having originated $8,230,000 in loans.

    Garden City, KS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 300 $58,540,000 $195,133
    Refi 196 $43,800,000 $223,469
    Cash Out Refi 108 $14,960,000 $138,519
    Other 28 $1,240,000 $44,286
    Home Improvement 21 $1,065,000 $50,714

    Garden City's most frequently cited loan purpose was Home Purchase, with 300 originations. The 2nd most popular reason was Refi, with 196 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 274 $49,940,000 $182,263
    <2.5% 167 $26,385,000 $157,994
    3-4% 157 $36,905,000 $235,064
    5-6% 30 $1,760,000 $58,667
    4-5% 18 $3,740,000 $207,778
    Over 8% 3 $155,000 $51,667
    6-7% 2 $250,000 $125,000

    During 2021, Garden City's most frequently originated rate bucket was 2.5-3%, with 274 originations.

    Loan Sizing (Garden City, KS MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 322 $49,270,000 $153,012
    $200k-400k 187 $47,115,000 $251,952
    $100,000 or less 137 $8,555,000 $62,445
    $400k-600k 4 $1,820,000 $455,000
    $600k-1000k 2 $1,530,000 $765,000
    $Over $1MM 1 $11,315,000 $11,315,000

    Garden City's loan sizing saw the bucket of loans from $100k-200k with 322 originations, totaling $49,270,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 306 $71,960,000 $235,163
    60-80% 192 $30,470,000 $158,698
    40-60% 64 $8,870,000 $138,594
    20-40% 36 $2,640,000 $73,333
    Under 20% 28 $710,000 $25,357
    Over 100% 5 $1,015,000 $203,000

    Garden City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 306 originations, totaling $71,960,000 in origination value.

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Garden City (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 $210,000 (-2.2%) $242,130 (2.8%) 0.00 75
    2018-02-01 $213,750 (-0.4%) $251,029 (2.2%) 0.00 72
    2018-03-01 $215,000 (-4.0%) $254,156 (1.8%) 0.00 70
    2018-04-01 $213,450 (-0.7%) $248,634 (-0.4%) 0.00 68
    2018-05-01 $217,250 (-0.3%) $251,367 (-4.2%) 0.00 74
    2018-06-01 $215,000 (-1.7%) $247,429 (-5.4%) 0.00 77
    2018-07-01 $219,500 (-1.4%) $256,056 (-5.5%) 0.00 78
    2018-08-01 $219,500 (-4.0%) $253,337 (-3.7%) 0.00 69
    2018-09-01 $219,900 (-2.3%) $262,799 (2.2%) 0.00 66
    2018-10-01 $219,950 (0.2%) $257,532 (1.6%) 0.00 74
    2018-11-01 $229,900 (5.7%) $265,960 (6.0%) 0.00 71
    2018-12-01 $229,500 (4.8%) $253,656 (-0.3%) 0.00 75
    2019-01-01 $194,500 (-7.4%) $236,984 (-2.1%) 0.00 76
    2019-02-01 $215,500 (0.8%) $244,479 (-2.6%) 0.00 70
    2019-03-01 $220,214 (2.4%) $250,984 (-1.3%) 0.00 66
    2019-04-01 $214,250 (0.4%) $240,606 (-3.2%) 0.00 71
    2019-05-01 $202,250 (-6.9%) $225,808 (-10.2%) 0.00 91
    2019-06-01 $194,500 (-9.5%) $232,014 (-6.2%) 0.00 88
    2019-07-01 $210,250 (-4.2%) $269,482 (5.2%) 0.00 93
    2019-08-01 $223,000 (1.6%) $270,093 (6.6%) 0.00 90
    2019-09-01 $237,950 (8.2%) $268,182 (2.1%) 0.00 91
    2019-10-01 $249,900 (13.6%) $273,435 (6.2%) 0.00 100
    2019-11-01 $245,000 (6.6%) $250,760 (-5.7%) 0.00 97
    2019-12-01 $237,450 (3.5%) $241,946 (-4.6%) 0.00 90
    2020-01-01 $234,950 (20.8%) $239,392 (1.0%) 0.00 84
    2020-02-01 $217,900 (1.1%) $233,348 (-4.6%) 0.00 68
    2020-03-01 $215,450 (-2.2%) $231,579 (-7.7%) 0.00 70
    2020-04-01 $196,400 (-8.3%) $226,325 (-5.9%) 0.00 73
    2020-05-01 $215,000 (6.3%) $238,867 (5.8%) 0.00 69
    2020-06-01 $226,500 (16.5%) $246,618 (6.3%) 0.00 57
    2020-07-01 $239,500 (13.9%) $246,874 (-8.4%) 0.00 46
    2020-08-01 $265,000 (18.8%) $267,858 (-0.8%) 0.00 39
    2020-09-01 $239,900 (0.8%) $257,287 (-4.1%) 0.00 41
    2020-10-01 $244,900 (-2.0%) $263,594 (-3.6%) 0.00 40
    2020-11-01 $245,450 (0.2%) $276,475 (10.3%) 0.00 45
    2020-12-01 $224,700 (-5.4%) $247,388 (2.3%) 0.00 54
    2021-01-01 $229,900 (-2.2%) $256,909 (7.3%) 0.00 49
    2021-02-01 $245,000 (12.4%) $266,148 (14.1%) 0.00 47
    2021-03-01 $249,900 (16.0%) $276,833 (19.5%) 0.00 35
    2021-04-01 $244,900 (24.7%) $269,304 (19.0%) 0.00 26
    2021-05-01 $245,000 (14.0%) $263,185 (10.2%) 0.00 24
    2021-06-01 $244,500 (8.0%) $246,775 (0.1%) 0.00 19
    2021-07-01 $250,950 (4.8%) $273,694 (10.9%) 0.00 31
    2021-08-01 $229,950 (-13.2%) $272,569 (1.8%) 0.00 34
    2021-09-01 $227,000 (-5.4%) $280,766 (9.1%) 0.00 31
    2021-10-01 $220,000 (-10.2%) $273,373 (3.7%) 0.00 29
    2021-11-01 $220,000 (-10.4%) $276,279 (-0.1%) 0.00 30
    2021-12-01 $223,450 (-0.6%) $277,900 (12.3%) 0.00 28
    2022-01-01 $189,900 (-17.4%) $267,446 (4.1%) 0.00 31
    2022-02-01 $248,500 (1.4%) $279,675 (5.1%) 0.00 31
    2022-03-01 $252,450 (1.0%) $276,879 (0.0%) 0.00 28
    2022-04-01 $262,000 (7.0%) $277,297 (3.0%) 0.00 30
    2022-05-01 $259,000 (5.7%) $296,937 (12.8%) 0.00 34
    Garden City's median listing price for 2022-05-01 was $259,000, a difference of $14,000 (5.7%) versus the prior year and $-3,000 versus the prior month.

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

    Garden City's average listing price for 2022-05-01 was $296,937, a difference of $33,752 (12.8%) versus the prior year and $19,640 versus the prior month.

    For the 2022-05-01 period, Garden City had 34 MLS listings, a difference of 4 listings (13%) versus the prior month and 10 listings (42%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Garden City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,471 sqft
    2018-02-01 0 days 1,430 sqft
    2018-03-01 0 days 1,421 sqft
    2018-04-01 0 days 1,400 sqft
    2018-05-01 0 days 1,452 sqft
    2018-06-01 0 days 1,480 sqft
    2018-07-01 0 days 1,512 sqft
    2018-08-01 0 days 1,511 sqft
    2018-09-01 0 days 1,535 sqft
    2018-10-01 0 days 1,535 sqft
    2018-11-01 0 days 1,633 sqft
    2018-12-01 0 days 1,709 sqft
    2019-01-01 0 days 1,424 sqft
    2019-02-01 0 days 1,483 sqft
    2019-03-01 0 days 1,553 sqft
    2019-04-01 0 days 1,536 sqft
    2019-05-01 0 days 1,382 sqft
    2019-06-01 0 days 1,425 sqft
    2019-07-01 0 days 1,536 sqft
    2019-08-01 0 days 1,536 sqft
    2019-09-01 0 days 1,479 sqft
    2019-10-01 0 days 1,422 sqft
    2019-11-01 0 days 1,430 sqft
    2019-12-01 0 days 1,406 sqft
    2020-01-01 0 days 1,386 sqft
    2020-02-01 0 days 1,421 sqft
    2020-03-01 0 days 1,386 sqft
    2020-04-01 0 days 1,372 sqft
    2020-05-01 0 days 1,383 sqft
    2020-06-01 0 days 1,413 sqft
    2020-07-01 0 days 1,473 sqft
    2020-08-01 0 days 1,589 sqft
    2020-09-01 0 days 1,553 sqft
    2020-10-01 0 days 1,516 sqft
    2020-11-01 0 days 1,533 sqft
    2020-12-01 0 days 1,357 sqft
    2021-01-01 0 days 1,353 sqft
    2021-02-01 0 days 1,465 sqft
    2021-03-01 0 days 1,542 sqft
    2021-04-01 0 days 1,496 sqft
    2021-05-01 0 days 1,400 sqft
    2021-06-01 0 days 1,366 sqft
    2021-07-01 0 days 1,358 sqft
    2021-08-01 0 days 1,336 sqft
    2021-09-01 0 days 1,365 sqft
    2021-10-01 0 days 1,471 sqft
    2021-11-01 0 days 1,385 sqft
    2021-12-01 0 days 1,349 sqft
    2022-01-01 0 days 1,349 sqft
    2022-02-01 0 days 1,517 sqft
    2022-03-01 0 days 1,443 sqft
    2022-04-01 0 days 1,506 sqft
    2022-05-01 0 days 1,367 sqft
    Garden City's median listing age (time on market) for 2022-05-01 was 0 days.

    Garden City's median square footage for active listings during the 2022-05-01 period was 1,367 sqft. One year prior, the average listing was 1,400 sqft.