Greenville 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 Greenville averaged 6.7% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.49% and one month ago for the week of 2024-11-07, the average rate was 6.99%.

    Greenville's average rate one year ago was 7.13%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.9%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Greenville 30 Year Fixed Rate 2024-12-12 6.7%
    Greenville 30 Year Fixed Rate Refi 2024-12-12 6.9%
    Greenville 15 Year Fixed Rate 2024-12-12 5.64%
    Greenville 15 Year Fixed Rate Refi 2024-12-12 5.74%
    Greenville 30 Year FHA 2024-12-12 6.18%
    Greenville 30 Year FHA Refi 2024-12-12 6.58%
    Greenville 30 Year USDA 2024-12-12 6.1%
    Greenville 30 Year USDA Refi 2024-12-12 6.2%
    Greenville 30 Year VA 2024-12-12 5.98%
    Greenville 30 Year VA Refi 2024-12-12 5.88%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Greenville, MS.

    Greenville 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 Greenville, MS 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
    Trustmark National Bank 10 6.83% $4,301
    Regions Bank 6 7.10% $4,533
    QUICKEN LOANS, LLC 4 6.68% $5,588
    EUSTIS AND AMERICAN MORTGAGE COMPANY 3 6.92% $4,062
    GUARANTEED RATE, INC. 2 6.88% $4,296
    EMBRACE HOME LOANS, INC. 1 6.63% $6,165
    Mr. Cooper ( Nationstar Mortgage ) 1 6.63% $5,968
    PENTAGON FEDERAL CREDIT UNION 1 7.50% $5,073
    Renasant Bank 1 6.75% $4,183
    Simmons Bank 1 6.88% $3,367
    AgHeritage Farm Credit Services FLCA 1 7.95% $4,767
    ZILLOW HOME LOANS, LLC 1 7.13% $4,030
    Ally Bank 1 7.38% $2,436
    AmeriHome Mortgage Company, LLC 1 7.38% $3,682
    Bank of England 1 6.75% $4,592
    BankPlus 1 8.38% $8,219

    Greenville Average Closing Costs & Other Stats

    Greenville, MS's 16 lenders originated 409 loans during 2023. The total origination value was $40,195,000, with an average loan value of $98,276.

    Greenville's average closing costs are $4,723.

    The top Greenville lender as defined by loan originations is Trustmark National Bank, with 10 loans originated. Their average total fees are $4,301, which is $232 lower than the next largest lender, Regions Bank.

    The lowest fee Greenville lenders (with over 10 loans originated) are Trustmark National Bank ($4,301), .

    The lowest rate Greenville lenders (with over 10 loans originated) are Trustmark National Bank (6.83%), .

    Greenville, MS 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
    Planters Bank & Trust Company $11,705,000 $12,155,000 3.8% 30.2%
    Guaranty Bank and Trust Company $4,040,000 $4,400,000 8.9% 10.9%
    Trustmark National Bank $5,355,000 $3,470,000 -35.2% 8.6%
    Regions Bank $3,055,000 $2,255,000 -26.2% 5.6%
    QUICKEN LOANS, LLC $5,475,000 $2,150,000 -60.7% 5.3%
    BankPlus $460,000 $1,500,000 226.1% 3.7%
    Southern Bancorp Bank $2,180,000 $1,280,000 -41.3% 3.2%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $1,260,000 n/a 3.1%
    Community Bank of Mississippi $1,375,000 $830,000 -39.6% 2.1%
    Mortgage Research Center, LLC $990,000 $800,000 -19.2% 2.0%
    CB&S Bank, Inc. $990,000 $485,000 -51.0% 1.2%
    GUARANTY HOME MORTGAGE CORPORATION $4,545,000 $435,000 -90.4% 1.1%
    GUARANTEED RATE, INC. $410,000 n/a 1.0%
    BancorpSouth $925,000 $405,000 -56.2% 1.0%
    COMMUNITY MORTGAGE CORPORATION $405,000 n/a 1.0%
    Arvest Bank $395,000 n/a 1.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,860,000 $385,000 -79.3% 1.0%
    PLANET HOME LENDING, LLC $375,000 n/a 0.9%
    Cornerstone First Mortgage, Inc $350,000 n/a 0.9%
    NAVY FEDERAL CREDIT UNION $380,000 $340,000 -10.5% 0.8%
    Renasant Bank $280,000 $330,000 17.9% 0.8%
    AMERISAVE MORTGAGE CORPORATION $620,000 $310,000 -50.0% 0.8%
    Bank of England $305,000 n/a 0.8%
    AgHeritage Farm Credit Services FLCA $265,000 n/a 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $780,000 $255,000 -67.3% 0.6%
    21ST MORTGAGE CORPORATION $1,090,000 $250,000 -77.1% 0.6%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $235,000 n/a 0.6%
    OPEN MORTGAGE, LLC $215,000 n/a 0.5%
    SIRVA MORTGAGE, INC. $215,000 n/a 0.5%
    BankFirst Financial Services $205,000 n/a 0.5%
    UNITED WHOLESALE MORTGAGE, LLC $340,000 $200,000 -41.2% 0.5%
    Wells Fargo Bank $245,000 $200,000 -18.4% 0.5%
    CARDINAL FINANCIAL $185,000 n/a 0.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $45,000 $180,000 300.0% 0.4%
    EMBRACE HOME LOANS, INC. $370,000 $175,000 -52.7% 0.4%
    PENTAGON FEDERAL CREDIT UNION $175,000 n/a 0.4%
    LIBERTY HOME MORTGAGE CORPORATION $165,000 n/a 0.4%
    LOANDEPOT.COM, LLC $345,000 $165,000 -52.2% 0.4%
    NEWREZ LLC $245,000 $160,000 -34.7% 0.4%
    AmeriHome Mortgage Company, LLC $155,000 n/a 0.4%
    Simmons Bank $155,000 n/a 0.4%
    South State Bank $145,000 n/a 0.4%
    Evolve Bank & Trust $215,000 $140,000 -34.9% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $135,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $115,000 $135,000 17.4% 0.3%
    ZILLOW HOME LOANS, LLC $135,000 n/a 0.3%
    Ally Bank $165,000 $115,000 -30.3% 0.3%
    COUNTRYPLACE MORTGAGE, LTD. $95,000 n/a 0.2%
    The Citizens National Bank of Meridian $95,000 n/a 0.2%
    JPMorgan Chase Bank $530,000 $75,000 -85.8% 0.2%
    SOUTHWEST STAGE FUNDING, LLC $255,000 $75,000 -70.6% 0.2%
    BROKER SOLUTIONS, INC. $125,000 $65,000 -48.0% 0.2%
    CIS Financial Services, Inc. $145,000 $65,000 -55.2% 0.2%
    United Community Bank $105,000 $65,000 -38.1% 0.2%
    Citizens Bank $65,000 $55,000 -15.4% 0.1%
    Flagstar Bank, FSB $35,000 $55,000 57.1% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $140,000 $55,000 -60.7% 0.1%
    ROYAL UNITED MORTGAGE LLC $240,000 $55,000 -77.1% 0.1%
    Bank of America $265,000 $25,000 -90.6% 0.1%
    BankTennessee $25,000 n/a 0.1%

    Greenville's top lender by overall market share is Planters Bank & Trust Company, with 30.2% market share. In second place, with 10.9%, is Guaranty Bank and Trust Company, having originated $4,400,000 in loans. In third place, with 8.6%, is Trustmark National Bank, having originated $3,470,000 in loans. In fourth place, with 5.6%, is Regions Bank, having originated $2,255,000 in loans. In fifth place, with 5.3%, is QUICKEN LOANS, LLC, having originated $2,150,000 in loans.

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

    Realtor.com - Greenville (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 $123,625 (25.2%) $148,651 (11.7%) 0.00 120
    2018-02-01 $140,500 (36.4%) $154,788 (8.2%) 0.00 128
    2018-03-01 $140,000 (35.3%) $155,251 (1.8%) 0.00 133
    2018-04-01 $141,500 (20.9%) $159,303 (-1.3%) 0.00 132
    2018-05-01 $135,000 (13.5%) $152,460 (-2.8%) 0.00 136
    2018-06-01 $122,000 (-10.0%) $142,479 (-14.0%) 0.00 147
    2018-07-01 $135,000 (9.8%) $143,522 (-7.4%) 0.00 142
    2018-08-01 $128,450 (7.0%) $139,911 (-8.3%) 0.00 135
    2018-09-01 $119,000 (-0.4%) $139,772 (-5.6%) 0.00 132
    2018-10-01 $119,250 (-0.6%) $141,394 (-2.1%) 0.00 143
    2018-11-01 $123,225 (2.7%) $139,577 (-2.2%) 0.00 138
    2018-12-01 $130,000 (8.3%) $144,745 (1.0%) 0.00 128
    2019-01-01 $130,000 (5.2%) $148,057 (-0.4%) 0.00 113
    2019-02-01 $124,350 (-11.5%) $147,043 (-5.0%) 0.00 110
    2019-03-01 $121,321 (-13.3%) $144,565 (-6.9%) 0.00 106
    2019-04-01 $123,500 (-12.7%) $144,623 (-9.2%) 0.00 110
    2019-05-01 $121,125 (-10.3%) $143,340 (-6.0%) 0.00 116
    2019-06-01 $125,000 (2.5%) $143,742 (0.9%) 0.00 115
    2019-07-01 $128,225 (-5.0%) $149,997 (4.5%) 0.00 103
    2019-08-01 $119,691 (-6.8%) $144,586 (3.3%) 0.00 98
    2019-09-01 $108,052 (-9.2%) $137,499 (-1.6%) 0.00 103
    2019-10-01 $99,625 (-16.5%) $133,664 (-5.5%) 0.00 106
    2019-11-01 $110,000 (-10.7%) $133,418 (-4.4%) 0.00 113
    2019-12-01 $98,750 (-24.0%) $129,567 (-10.5%) 0.00 110
    2020-01-01 $106,125 (-18.4%) $128,213 (-13.4%) 0.00 105
    2020-02-01 $114,950 (-7.6%) $141,561 (-3.7%) 0.00 117
    2020-03-01 $124,950 (3.0%) $148,632 (2.8%) 0.00 119
    2020-04-01 $114,950 (-6.9%) $149,408 (3.3%) 0.00 119
    2020-05-01 $125,000 (3.2%) $155,807 (8.7%) 0.00 108
    2020-06-01 $123,750 (-1.0%) $159,090 (10.7%) 0.00 107
    2020-07-01 $125,000 (-2.5%) $158,746 (5.8%) 0.00 103
    2020-08-01 $120,000 (0.3%) $158,717 (9.8%) 0.00 102
    2020-09-01 $119,900 (11.0%) $154,705 (12.5%) 0.00 91
    2020-10-01 $119,500 (20.0%) $159,869 (19.6%) 0.00 89
    2020-11-01 $109,750 (-0.2%) $154,683 (15.9%) 0.00 95
    2020-12-01 $110,000 (11.4%) $157,048 (21.2%) 0.00 88
    2021-01-01 $110,000 (3.7%) $158,116 (23.3%) 0.00 86
    2021-02-01 $106,250 (-7.6%) $150,548 (6.4%) 0.00 87
    2021-03-01 $114,500 (-8.4%) $154,150 (3.7%) 0.00 77
    2021-04-01 $120,000 (4.4%) $157,559 (5.5%) 0.00 74
    2021-05-01 $135,000 (8.0%) $168,334 (8.0%) 0.00 65
    2021-06-01 $136,250 (10.1%) $179,195 (12.6%) 0.00 66
    2021-07-01 $129,000 (3.2%) $176,869 (11.4%) 0.00 64
    2021-08-01 $129,750 (8.1%) $181,769 (14.5%) 0.00 57
    2021-09-01 $130,125 (8.5%) $173,257 (12.0%) 0.00 58
    2021-10-01 $128,500 (7.5%) $160,327 (0.3%) 0.00 70
    2021-11-01 $129,000 (17.5%) $162,575 (5.1%) 0.00 75
    2021-12-01 $129,250 (17.5%) $170,985 (8.9%) 0.00 67
    2022-01-01 $129,900 (18.1%) $184,405 (16.6%) 0.00 65
    2022-02-01 $125,000 (17.7%) $174,498 (15.9%) 0.00 57
    2022-03-01 $100,000 (-12.7%) $155,993 (1.2%) 0.00 55
    2022-04-01 $139,950 (16.6%) $187,530 (19.0%) 0.00 49
    2022-05-01 $138,950 (2.9%) $172,128 (2.3%) 0.00 51
    2022-06-01 $136,000 (-0.2%) $156,507 (-12.7%) 0.00 51
    2022-07-01 $142,900 (10.8%) $160,291 (-9.4%) 0.00 62
    2022-08-01 $144,625 (11.5%) $161,288 (-11.3%) 0.00 70
    2022-09-01 $149,250 (14.7%) $172,164 (-0.6%) 0.00 67
    2022-10-01 $136,450 (6.2%) $164,016 (2.3%) 0.00 66
    2022-11-01 $135,000 (4.7%) $157,943 (-2.9%) 0.00 66
    2022-12-01 $135,000 (4.5%) $158,798 (-7.1%) 0.00 70
    2023-01-01 $134,998 (3.9%) $156,109 (-15.3%) 0.00 68
    2023-02-01 $128,750 (3.0%) $160,465 (-8.0%) 0.00 64
    2023-03-01 $125,000 (25.0%) $153,021 (-1.9%) 0.00 70
    2023-04-01 $135,000 (-3.5%) $159,078 (-15.2%) 0.00 73
    2023-05-01 $130,873 (-5.8%) $163,222 (-5.2%) 0.00 63
    2023-06-01 $124,975 (-8.1%) $157,278 (0.5%) 0.00 65
    2023-07-01 $117,000 (-18.1%) $153,098 (-4.5%) 0.00 66
    2023-08-01 $114,500 (-20.8%) $153,526 (-4.8%) 0.00 63
    2023-09-01 $111,000 (-25.6%) $148,474 (-13.8%) 0.00 64
    2023-10-01 $97,000 (-28.9%) $137,613 (-16.1%) 0.00 74
    2023-11-01 $95,000 (-29.6%) $126,819 (-19.7%) 0.00 75
    2023-12-01 $97,000 (-28.2%) $130,979 (-17.5%) 0.00 72
    2024-01-01 $123,375 (-8.6%) $138,667 (-11.2%) 0.00 78
    2024-02-01 $118,125 (-8.3%) $141,323 (-11.9%) 0.00 74
    2024-03-01 $135,000 (8.0%) $162,670 (6.3%) 0.00 68
    2024-04-01 $124,750 (-7.6%) $162,151 (1.9%) 0.00 77
    2024-05-01 $126,950 (-3.0%) $167,228 (2.5%) 0.00 74
    2024-06-01 $142,000 (13.6%) $174,770 (11.1%) 0.00 74
    2024-07-01 $137,975 (17.9%) $169,579 (10.8%) 0.00 86
    2024-08-01 $145,000 (26.6%) $169,060 (10.1%) 0.00 68
    2024-09-01 $132,000 (18.9%) $160,484 (8.1%) 0.00 70
    2024-10-01 $129,000 (33.0%) $156,076 (13.4%) 0.00 81
    2024-11-01 $125,000 (31.6%) $154,363 (21.7%) 0.00 85
    Greenville's median listing price for 2024-11-01 was $125,000, a difference of $30,000 (31.6%) versus the prior year and $-4,000 versus the prior month.

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

    Greenville's average listing price for 2024-11-01 was $154,363, a difference of $27,544 (21.7%) versus the prior year and $-1,713 versus the prior month.

    For the 2024-11-01 period, Greenville had 85 MLS listings, a difference of 4 listings (5%) versus the prior month and 10 listings (13%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Greenville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,971 sqft
    2018-02-01 0 days 2,140 sqft
    2018-03-01 0 days 2,140 sqft
    2018-04-01 0 days 2,152 sqft
    2018-05-01 0 days 2,069 sqft
    2018-06-01 0 days 1,998 sqft
    2018-07-01 0 days 2,030 sqft
    2018-08-01 0 days 1,997 sqft
    2018-09-01 0 days 2,030 sqft
    2018-10-01 0 days 2,042 sqft
    2018-11-01 0 days 1,997 sqft
    2018-12-01 0 days 2,035 sqft
    2019-01-01 0 days 2,054 sqft
    2019-02-01 0 days 2,090 sqft
    2019-03-01 0 days 2,088 sqft
    2019-04-01 0 days 2,100 sqft
    2019-05-01 0 days 2,045 sqft
    2019-06-01 0 days 2,039 sqft
    2019-07-01 0 days 2,016 sqft
    2019-08-01 0 days 1,959 sqft
    2019-09-01 0 days 1,895 sqft
    2019-10-01 0 days 1,861 sqft
    2019-11-01 0 days 1,884 sqft
    2019-12-01 0 days 1,885 sqft
    2020-01-01 0 days 1,895 sqft
    2020-02-01 0 days 1,966 sqft
    2020-03-01 0 days 1,996 sqft
    2020-04-01 0 days 1,920 sqft
    2020-05-01 0 days 2,000 sqft
    2020-06-01 0 days 2,036 sqft
    2020-07-01 0 days 1,994 sqft
    2020-08-01 0 days 2,165 sqft
    2020-09-01 0 days 2,142 sqft
    2020-10-01 0 days 2,121 sqft
    2020-11-01 0 days 1,876 sqft
    2020-12-01 0 days 2,020 sqft
    2021-01-01 0 days 1,961 sqft
    2021-02-01 0 days 1,835 sqft
    2021-03-01 0 days 1,923 sqft
    2021-04-01 0 days 1,967 sqft
    2021-05-01 0 days 2,131 sqft
    2021-06-01 0 days 2,297 sqft
    2021-07-01 0 days 2,207 sqft
    2021-08-01 0 days 2,230 sqft
    2021-09-01 0 days 2,126 sqft
    2021-10-01 0 days 1,896 sqft
    2021-11-01 0 days 1,765 sqft
    2021-12-01 0 days 1,700 sqft
    2022-01-01 0 days 1,868 sqft
    2022-02-01 0 days 1,820 sqft
    2022-03-01 0 days 1,672 sqft
    2022-04-01 0 days 1,950 sqft
    2022-05-01 0 days 1,907 sqft
    2022-06-01 0 days 1,842 sqft
    2022-07-01 0 days 1,811 sqft
    2022-08-01 0 days 1,745 sqft
    2022-09-01 0 days 1,800 sqft
    2022-10-01 0 days 1,736 sqft
    2022-11-01 0 days 1,761 sqft
    2022-12-01 0 days 1,775 sqft
    2023-01-01 0 days 1,727 sqft
    2023-02-01 0 days 1,749 sqft
    2023-03-01 0 days 1,711 sqft
    2023-04-01 0 days 1,749 sqft
    2023-05-01 0 days 1,710 sqft
    2023-06-01 0 days 1,648 sqft
    2023-07-01 0 days 1,688 sqft
    2023-08-01 0 days 1,734 sqft
    2023-09-01 0 days 1,797 sqft
    2023-10-01 0 days 1,657 sqft
    2023-11-01 0 days 1,489 sqft
    2023-12-01 0 days 1,531 sqft
    2024-01-01 0 days 1,682 sqft
    2024-02-01 0 days 1,674 sqft
    2024-03-01 0 days 1,845 sqft
    2024-04-01 0 days 1,819 sqft
    2024-05-01 0 days 1,830 sqft
    2024-06-01 0 days 1,791 sqft
    2024-07-01 0 days 1,819 sqft
    2024-08-01 0 days 1,854 sqft
    2024-09-01 0 days 1,771 sqft
    2024-10-01 0 days 1,750 sqft
    2024-11-01 0 days 1,797 sqft
    Greenville's median listing age (time on market) for 2024-11-01 was 0 days.

    Greenville's median square footage for active listings during the 2024-11-01 period was 1,797 sqft. One year prior, the average listing was 1,489 sqft.

    Greenville, MS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 204 $27,130,000 $132,990
    Refi 141 $9,055,000 $64,220
    Home Improvement 34 $1,470,000 $43,235
    Other 18 $1,190,000 $66,111
    Cash Out Refi 12 $1,350,000 $112,500

    Greenville's most frequently cited loan purpose was Home Purchase, with 204 originations. The 2nd most popular reason was Refi, with 141 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    Over 8% 166 $11,060,000 $66,627
    7-8% 83 $8,605,000 $103,675
    6-7% 74 $11,140,000 $150,541
    5-6% 25 $3,585,000 $143,400
    <2.5% 11 $315,000 $28,636
    4-5% 3 $675,000 $225,000
    3-4% 1 $125,000 $125,000
    2.5-3% 1 $55,000 $55,000

    During 2023, Greenville's most frequently originated rate bucket was Over 8%, with 166 originations.

    Loan Sizing (Greenville, MS MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 257 $11,105,000 $43,210
    $100k-200k 104 $15,120,000 $145,385
    $200k-400k 42 $10,910,000 $259,762
    $400k-600k 5 $2,195,000 $439,000
    $600k-1000k 1 $865,000 $865,000

    Greenville's loan sizing saw the bucket of loans from $100,000 or less with 257 originations, totaling $11,105,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 129 $19,015,000 $147,403
    60-80% 94 $8,750,000 $93,085
    40-60% 67 $4,845,000 $72,313
    20-40% 40 $1,840,000 $46,000
    Under 20% 31 $475,000 $15,323
    Over 100% 3 $485,000 $161,667

    Greenville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 129 originations, totaling $19,015,000 in origination value.