Great Bend Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Great Bend averaged 6.37% 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 6.33% and one month ago for the week of 2024-08-29, the average rate was 6.6%.

Great Bend's average rate one year ago was 7.36%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.02%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Great Bend 30 Year Fixed Rate 2024-10-03 6.37%
Great Bend 30 Year Fixed Rate Refi 2024-10-03 6.02%
Great Bend 15 Year Fixed Rate 2024-10-03 5.25%
Great Bend 15 Year Fixed Rate Refi 2024-10-03 5.35%
Great Bend 30 Year FHA 2024-10-03 5.99%
Great Bend 30 Year FHA Refi 2024-10-03 5.99%
Great Bend 30 Year USDA 2024-10-03 5.97%
Great Bend 30 Year USDA Refi 2024-10-03 5.77%
Great Bend 30 Year VA 2024-10-03 5.7%
Great Bend 30 Year VA Refi 2024-10-03 5.8%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Great Bend, KS.

Great Bend 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 Great Bend, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Landmark National Bank 20 6.63% $2,065
CREDIT UNION OF AMERICA 12 6.48% $2,993
Farmers Bank & Trust 8 7.30% $1,533
QUICKEN LOANS, LLC 6 7.25% $3,906
Sunflower Bank 5 7.17% $3,435
FLAT BRANCH MORTGAGE, INC. 3 6.58% $2,647
NBH Bank 3 6.83% $2,110
Sierra Pacific Mortgage Company, Inc. 1 6.75% $3,422
U.S. Bank 1 6.63% $2,393
Bank of America 1 7.25% $2,952
Wells Fargo Bank 1 7.88% $3,587
GOLDEN PLAINS 1 6.25% $2,088
Great Plains Federal Credit Un 1 5.95% $3,414
JPMorgan Chase Bank 1 6.13% $2,139
MERITRUST Federal Credit Union 1 6.25% $2,944
NAVY FEDERAL CREDIT UNION 1 6.75% $4,626
ROYAL UNITED MORTGAGE LLC 1 7.13% $7,293

Great Bend Average Closing Costs & Other Stats

Great Bend, KS's 17 lenders originated 276 loans during 2023. The total origination value was $30,350,000, with an average loan value of $109,964.

Great Bend's average closing costs are $3,294.

The top Great Bend lender as defined by loan originations is Landmark National Bank, with 20 loans originated. Their average total fees are $2,065, which is $928 lower than the next largest lender, CREDIT UNION OF AMERICA.

The lowest fee Great Bend lenders (with over 10 loans originated) are Landmark National Bank ($2,065), CREDIT UNION OF AMERICA ($2,993), .

The lowest rate Great Bend lenders (with over 10 loans originated) are CREDIT UNION OF AMERICA (6.48%), Landmark National Bank (6.63%), .

Great Bend, KS 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
Landmark National Bank $4,705,000 $4,635,000 -1.5% 15.3%
CREDIT UNION OF AMERICA $4,720,000 $3,330,000 -29.4% 11.0%
Farmers Bank & Trust $2,320,000 $2,150,000 -7.3% 7.1%
Sierra Pacific Mortgage Company, Inc. $1,915,000 $1,375,000 -28.2% 4.5%
QUICKEN LOANS, LLC $1,350,000 $1,280,000 -5.2% 4.2%
Mortgage Research Center, LLC $490,000 $1,260,000 157.1% 4.2%
Sunflower Bank $390,000 $950,000 143.6% 3.1%
FLAT BRANCH MORTGAGE, INC. $830,000 $860,000 3.6% 2.8%
Central National Bank $1,815,000 $540,000 -70.2% 1.8%
LOANDEPOT.COM, LLC $95,000 $510,000 436.8% 1.7%
AMERISAVE MORTGAGE CORPORATION $435,000 n/a 1.4%
Bank of America $65,000 $335,000 415.4% 1.1%
Mortgage Investment Services Corporation $925,000 $325,000 -64.9% 1.1%
NBH Bank $200,000 $325,000 62.5% 1.1%
BROKER SOLUTIONS, INC. $400,000 $320,000 -20.0% 1.1%
Great Plains Federal Credit Un $255,000 n/a 0.8%
VILLAGE CAPITAL MORTGAGE $230,000 n/a 0.8%
OPEN MORTGAGE, LLC $225,000 $205,000 -8.9% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $125,000 $200,000 60.0% 0.7%
FirstBank Southwest $195,000 n/a 0.6%
FREEDOM MORTGAGE CORPORATION $95,000 $185,000 94.7% 0.6%
ZILLOW HOME LOANS, LLC $125,000 $175,000 40.0% 0.6%
GUARANTEED RATE, INC. $165,000 n/a 0.5%
MERITRUST Federal Credit Union $225,000 $165,000 -26.7% 0.5%
NAVY FEDERAL CREDIT UNION $235,000 $155,000 -34.0% 0.5%
BETTER MORTGAGE CORPORATION $620,000 $145,000 -76.6% 0.5%
First Savings Bank $145,000 n/a 0.5%
Equity Bank $310,000 $140,000 -54.8% 0.5%
GOLDEN PLAINS $575,000 $140,000 -75.7% 0.5%
ROYAL UNITED MORTGAGE LLC $140,000 n/a 0.5%
Plains Commerce Bank $65,000 $135,000 107.7% 0.4%
PENNYMAC LOAN SERVICES, LLC $85,000 $125,000 47.1% 0.4%
U.S. Bank $160,000 $120,000 -25.0% 0.4%
BNC National Bank $115,000 n/a 0.4%
The Bennington State Bank $115,000 n/a 0.4%
Gateway First Bank $105,000 n/a 0.3%
MORTGAGE ACCESS CORP. $105,000 n/a 0.3%
NEW DAY FINANCIAL, LLC $105,000 n/a 0.3%
COMMUNITY MORTGAGE, LLC $95,000 n/a 0.3%
Discover Bank $95,000 n/a 0.3%
Equity Prime Mortgage LLC $95,000 n/a 0.3%
Wells Fargo Bank $240,000 $95,000 -60.4% 0.3%
JPMorgan Chase Bank $85,000 n/a 0.3%
Commerce Bank $55,000 $75,000 36.4% 0.2%
Figure Lending LLC $65,000 n/a 0.2%
Members Mortgage Services, L.L.C. $65,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $75,000 $55,000 -26.7% 0.2%
Carrington Mortgage Services, LLC $130,000 $35,000 -73.1% 0.1%
Wichita Federal Credit Union $35,000 n/a 0.1%
Deere Employees Credit Union $25,000 n/a 0.1%
Coastal Community Bank $15,000 n/a 0.0%
Community First National Bank $15,000 n/a 0.0%

Great Bend's top lender by overall market share is Landmark National Bank, with 15.3% market share. In second place, with 11.0%, is CREDIT UNION OF AMERICA, having originated $3,330,000 in loans. In third place, with 7.1%, is Farmers Bank & Trust, having originated $2,150,000 in loans. In fourth place, with 4.5%, is Sierra Pacific Mortgage Company, Inc., having originated $1,375,000 in loans. In fifth place, with 4.2%, is QUICKEN LOANS, LLC, having originated $1,280,000 in loans.


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

Realtor.com - Great Bend (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 $119,900 (7.8%) $142,466 (11.6%) 0.00 132
2018-02-01 $123,500 (10.1%) $144,119 (12.4%) 0.00 130
2018-03-01 $124,000 (10.7%) $143,595 (11.6%) 0.00 121
2018-04-01 $119,675 (1.4%) $140,005 (4.3%) 0.00 123
2018-05-01 $111,450 (-4.1%) $137,578 (5.7%) 0.00 127
2018-06-01 $109,900 (-1.9%) $140,134 (11.4%) 0.00 141
2018-07-01 $108,175 (-4.9%) $137,574 (8.8%) 0.00 162
2018-08-01 $105,900 (-8.5%) $135,762 (2.3%) 0.00 169
2018-09-01 $104,950 (-11.0%) $135,520 (-0.1%) 0.00 161
2018-10-01 $104,200 (-6.3%) $134,718 (0.6%) 0.00 164
2018-11-01 $106,450 (-7.9%) $134,721 (0.2%) 0.00 162
2018-12-01 $109,900 (-4.4%) $132,712 (-2.4%) 0.00 155
2019-01-01 $109,900 (-8.3%) $135,564 (-4.8%) 0.00 156
2019-02-01 $110,950 (-10.2%) $133,934 (-7.1%) 0.00 154
2019-03-01 $113,786 (-8.2%) $131,926 (-8.1%) 0.00 151
2019-04-01 $110,386 (-7.8%) $129,061 (-7.8%) 0.00 153
2019-05-01 $114,450 (2.7%) $128,700 (-6.5%) 0.00 152
2019-06-01 $119,500 (8.7%) $130,435 (-6.9%) 0.00 152
2019-07-01 $115,000 (6.3%) $128,852 (-6.3%) 0.00 158
2019-08-01 $116,336 (9.9%) $135,315 (-0.3%) 0.00 151
2019-09-01 $116,991 (11.5%) $138,157 (2.0%) 0.00 145
2019-10-01 $116,627 (11.9%) $140,051 (4.0%) 0.00 143
2019-11-01 $114,500 (7.6%) $137,177 (1.8%) 0.00 147
2019-12-01 $112,400 (2.3%) $133,932 (0.9%) 0.00 144
2020-01-01 $112,625 (2.5%) $133,674 (-1.4%) 0.00 138
2020-02-01 $114,750 (3.4%) $135,036 (0.8%) 0.00 132
2020-03-01 $109,600 (-3.7%) $129,618 (-1.8%) 0.00 123
2020-04-01 $112,000 (1.5%) $138,939 (7.7%) 0.00 123
2020-05-01 $112,000 (-2.1%) $144,107 (12.0%) 0.00 119
2020-06-01 $109,975 (-8.0%) $144,541 (10.8%) 0.00 110
2020-07-01 $119,950 (4.3%) $155,444 (20.6%) 0.00 104
2020-08-01 $114,900 (-1.2%) $152,867 (13.0%) 0.00 101
2020-09-01 $110,000 (-6.0%) $146,687 (6.2%) 0.00 84
2020-10-01 $109,950 (-5.7%) $141,782 (1.2%) 0.00 86
2020-11-01 $108,975 (-4.8%) $141,923 (3.5%) 0.00 86
2020-12-01 $105,000 (-6.6%) $137,276 (2.5%) 0.00 77
2021-01-01 $110,500 (-1.9%) $131,531 (-1.6%) 0.00 72
2021-02-01 $89,700 (-21.8%) $135,122 (0.1%) 0.00 67
2021-03-01 $99,950 (-8.8%) $136,593 (5.4%) 0.00 70
2021-04-01 $104,200 (-7.0%) $138,406 (-0.4%) 0.00 53
2021-05-01 $118,700 (6.0%) $159,461 (10.7%) 0.00 45
2021-06-01 $96,600 (-12.2%) $148,062 (2.4%) 0.00 48
2021-07-01 $102,400 (-14.6%) $157,465 (1.3%) 0.00 42
2021-08-01 $114,675 (-0.2%) $168,514 (10.2%) 0.00 46
2021-09-01 $112,450 (2.2%) $180,123 (22.8%) 0.00 41
2021-10-01 $110,000 (0.1%) $175,618 (23.9%) 0.00 47
2021-11-01 $110,000 (0.9%) $162,167 (14.3%) 0.00 44
2021-12-01 $105,950 (0.9%) $166,345 (21.2%) 0.00 47
2022-01-01 $110,450 (-0.1%) $167,394 (27.3%) 0.00 47
2022-02-01 $108,925 (21.4%) $165,347 (22.4%) 0.00 31
2022-03-01 $118,475 (18.5%) $162,292 (18.8%) 0.00 27
2022-04-01 $111,000 (6.5%) $157,680 (13.9%) 0.00 30
2022-05-01 $134,900 (13.7%) $177,287 (11.2%) 0.00 34
2022-06-01 $136,925 (41.7%) $168,373 (13.7%) 0.00 36
2022-07-01 $129,500 (26.5%) $157,456 (0.0%) 0.00 41
2022-08-01 $136,650 (19.2%) $177,124 (5.1%) 0.00 41
2022-09-01 $133,450 (18.7%) $167,204 (-7.2%) 0.00 47
2022-10-01 $125,000 (13.6%) $167,517 (-4.6%) 0.00 49
2022-11-01 $119,900 (9.0%) $178,391 (10.0%) 0.00 49
2022-12-01 $119,900 (13.2%) $176,025 (5.8%) 0.00 53
2023-01-01 $124,950 (13.1%) $172,254 (2.9%) 0.00 50
2023-02-01 $123,200 (13.1%) $158,495 (-4.1%) 0.00 54
2023-03-01 $120,950 (2.1%) $149,950 (-7.6%) 0.00 56
2023-04-01 $122,000 (9.9%) $159,325 (1.0%) 0.00 55
2023-05-01 $135,925 (0.8%) $184,897 (4.3%) 0.00 50
2023-06-01 $149,925 (9.5%) $190,491 (13.1%) 0.00 51
2023-07-01 $133,900 (3.4%) $186,434 (18.4%) 0.00 58
2023-08-01 $135,950 (-0.5%) $177,669 (0.3%) 0.00 63
2023-09-01 $129,000 (-3.3%) $176,667 (5.7%) 0.00 63
2023-10-01 $127,500 (2.0%) $174,381 (4.1%) 0.00 53
2023-11-01 $119,950 (0.0%) $165,662 (-7.1%) 0.00 52
2023-12-01 $119,500 (-0.3%) $163,262 (-7.3%) 0.00 48
2024-01-01 $121,725 (-2.6%) $181,985 (5.7%) 0.00 43
2024-02-01 $119,375 (-3.1%) $172,821 (9.0%) 0.00 41
2024-03-01 $123,450 (2.1%) $170,923 (14.0%) 0.00 41
2024-04-01 $130,000 (6.6%) $170,920 (7.3%) 0.00 36
2024-05-01 $132,075 (-2.8%) $188,703 (2.1%) 0.00 28
2024-06-01 $160,000 (6.7%) $211,280 (10.9%) 0.00 39
2024-07-01 $164,475 (22.8%) $209,111 (12.2%) 0.00 43
2024-08-01 $165,000 (21.4%) $218,793 (23.2%) 0.00 49
2024-09-01 $185,925 (44.1%) $228,955 (29.6%) 0.00 64
Great Bend's median listing price for 2024-09-01 was $185,925, a difference of $56,925 (44.1%) versus the prior year and $20,925 versus the prior month.

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

Great Bend's average listing price for 2024-09-01 was $228,955, a difference of $52,288 (29.6%) versus the prior year and $10,162 versus the prior month.

For the 2024-09-01 period, Great Bend had 64 MLS listings, a difference of 15 listings (31%) versus the prior month and 1 listings (2%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Great Bend (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,430 sqft
2018-02-01 0 days 1,435 sqft
2018-03-01 0 days 1,431 sqft
2018-04-01 0 days 1,438 sqft
2018-05-01 0 days 1,427 sqft
2018-06-01 0 days 1,430 sqft
2018-07-01 0 days 1,406 sqft
2018-08-01 0 days 1,402 sqft
2018-09-01 0 days 1,413 sqft
2018-10-01 0 days 1,398 sqft
2018-11-01 0 days 1,403 sqft
2018-12-01 0 days 1,390 sqft
2019-01-01 0 days 1,416 sqft
2019-02-01 0 days 1,391 sqft
2019-03-01 0 days 1,382 sqft
2019-04-01 0 days 1,335 sqft
2019-05-01 0 days 1,363 sqft
2019-06-01 0 days 1,380 sqft
2019-07-01 0 days 1,401 sqft
2019-08-01 0 days 1,396 sqft
2019-09-01 0 days 1,387 sqft
2019-10-01 0 days 1,385 sqft
2019-11-01 0 days 1,340 sqft
2019-12-01 0 days 1,353 sqft
2020-01-01 0 days 1,362 sqft
2020-02-01 0 days 1,339 sqft
2020-03-01 0 days 1,247 sqft
2020-04-01 0 days 1,242 sqft
2020-05-01 0 days 1,316 sqft
2020-06-01 0 days 1,339 sqft
2020-07-01 0 days 1,430 sqft
2020-08-01 0 days 1,430 sqft
2020-09-01 0 days 1,392 sqft
2020-10-01 0 days 1,352 sqft
2020-11-01 0 days 1,338 sqft
2020-12-01 0 days 1,330 sqft
2021-01-01 0 days 1,305 sqft
2021-02-01 0 days 1,305 sqft
2021-03-01 0 days 1,372 sqft
2021-04-01 0 days 1,391 sqft
2021-05-01 0 days 1,489 sqft
2021-06-01 0 days 1,298 sqft
2021-07-01 0 days 1,380 sqft
2021-08-01 0 days 1,431 sqft
2021-09-01 0 days 1,363 sqft
2021-10-01 0 days 1,356 sqft
2021-11-01 0 days 1,292 sqft
2021-12-01 0 days 1,344 sqft
2022-01-01 0 days 1,345 sqft
2022-02-01 0 days 1,371 sqft
2022-03-01 0 days 1,402 sqft
2022-04-01 0 days 1,230 sqft
2022-05-01 0 days 1,439 sqft
2022-06-01 0 days 1,501 sqft
2022-07-01 0 days 1,380 sqft
2022-08-01 0 days 1,425 sqft
2022-09-01 0 days 1,413 sqft
2022-10-01 0 days 1,408 sqft
2022-11-01 0 days 1,391 sqft
2022-12-01 0 days 1,387 sqft
2023-01-01 0 days 1,380 sqft
2023-02-01 0 days 1,366 sqft
2023-03-01 0 days 1,305 sqft
2023-04-01 0 days 1,410 sqft
2023-05-01 0 days 1,485 sqft
2023-06-01 0 days 1,603 sqft
2023-07-01 0 days 1,632 sqft
2023-08-01 0 days 1,544 sqft
2023-09-01 0 days 1,388 sqft
2023-10-01 0 days 1,288 sqft
2023-11-01 0 days 1,338 sqft
2023-12-01 0 days 1,351 sqft
2024-01-01 0 days 1,432 sqft
2024-02-01 0 days 1,510 sqft
2024-03-01 0 days 1,542 sqft
2024-04-01 0 days 1,646 sqft
2024-05-01 0 days 1,875 sqft
2024-06-01 0 days 1,630 sqft
2024-07-01 0 days 1,575 sqft
2024-08-01 0 days 1,609 sqft
2024-09-01 0 days 1,606 sqft
Great Bend's median listing age (time on market) for 2024-09-01 was 0 days.

Great Bend's median square footage for active listings during the 2024-09-01 period was 1,606 sqft. One year prior, the average listing was 1,388 sqft.

Great Bend, KS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 173 $22,285,000 $128,815
Refi 40 $3,910,000 $97,750
Home Improvement 25 $1,295,000 $51,800
Cash Out Refi 23 $2,265,000 $98,478
Other 15 $595,000 $39,667

Great Bend's most frequently cited loan purpose was Home Purchase, with 173 originations. The 2nd most popular reason was Refi, with 40 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 89 $11,305,000 $127,022
7-8% 78 $8,780,000 $112,564
Over 8% 58 $3,930,000 $67,759
5-6% 30 $4,160,000 $138,667
4-5% 3 $205,000 $68,333
<2.5% 1 $25,000 $25,000

During 2023, Great Bend's most frequently originated rate bucket was 6-7%, with 89 originations.

Loan Sizing (Great Bend, KS MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 145 $8,335,000 $57,483
$100k-200k 103 $14,575,000 $141,505
$200k-400k 26 $6,630,000 $255,000
$400k-600k 2 $810,000 $405,000

Great Bend's loan sizing saw the bucket of loans from $100,000 or less with 145 originations, totaling $8,335,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 124 $17,220,000 $138,871
60-80% 44 $5,070,000 $115,227
Under 20% 32 $1,920,000 $60,000
40-60% 30 $2,430,000 $81,000
20-40% 29 $1,765,000 $60,862

Great Bend's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 124 originations, totaling $17,220,000 in origination value.