Greenville Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Greenville averaged 6.89% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 6.93% and one month ago for the week of 2024-05-02, the average rate was 7.02%.

Greenville's average rate one year ago was 6.69%.

For refis of the same type during the week of 2024-06-06, the average rate was 7.39%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Greenville 30 Year Fixed Rate 2024-06-06 6.89%
Greenville 30 Year Fixed Rate Refi 2024-06-06 7.39%
Greenville 15 Year Fixed Rate 2024-06-06 6.49%
Greenville 15 Year Fixed Rate Refi 2024-06-06 6.39%
Greenville 30 Year FHA 2024-06-06 6.79%
Greenville 30 Year FHA Refi 2024-06-06 6.59%
Greenville 30 Year USDA 2024-06-06 6.9%
Greenville 30 Year USDA Refi 2024-06-06 6.9%
Greenville 30 Year VA 2024-06-06 6.29%
Greenville 30 Year VA Refi 2024-06-06 6.59%
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
Greenville's median listing price for 2024-05-01 was $126,950, a difference of $-3,923 (-3.0%) versus the prior year and $2,200 versus the prior month.

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

Greenville's average listing price for 2024-05-01 was $167,228, a difference of $4,006 (2.5%) versus the prior year and $5,077 versus the prior month.

For the 2024-05-01 period, Greenville had 74 MLS listings, a difference of -3 listings (-4%) versus the prior month and 11 listings (17%) 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
Greenville's median listing age (time on market) for 2024-05-01 was 0 days.

Greenville's median square footage for active listings during the 2024-05-01 period was 1,830 sqft. One year prior, the average listing was 1,710 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.