Hailey Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Hailey averaged
6.27%
for the week of 2024-10-24, compared to the national average of
6.54% for the same period.
The average rate for the prior week (2024-10-17) was
6.17% and
one month ago for the week of 2024-09-19, the
average rate was 6.22%.
Hailey's average rate one year ago was 7.46%.
For refis of the same type during the week of 2024-10-24, the average rate
was 6.84%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-24 | 6.54% |
Hailey 30 Year Fixed Rate | 2024-10-24 | 6.27% |
Hailey 30 Year Fixed Rate Refi | 2024-10-24 | 6.84% |
Hailey 15 Year Fixed Rate | 2024-10-24 | 5.71% |
Hailey 15 Year Fixed Rate Refi | 2024-10-24 | 6.21% |
Hailey 30 Year FHA | 2024-10-24 | 6.35% |
Hailey 30 Year FHA Refi | 2024-10-24 | 6.15% |
Hailey 30 Year USDA | 2024-10-24 | 6.39% |
Hailey 30 Year USDA Refi | 2024-10-24 | 6.39% |
Hailey 30 Year VA | 2024-10-24 | 6.14% |
Hailey 30 Year VA Refi | 2024-10-24 | 6.04% |
Hailey 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 Hailey, ID 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.).
Hailey Average Closing Costs & Other Stats
Hailey, ID's 62 lenders originated 521
loans during 2023. The total origination value was $328,915,000, with an average loan value of
$631,315.
Hailey's average closing costs are $6,684.
The top Hailey lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
32 loans originated. Their average total fees are
$7,429, which is $2,587
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Hailey lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC ($7,429), GUARANTEED RATE, INC. ($8,041), QUICKEN LOANS, LLC ($10,016), U.S. Bank ($10,279) and D. L. Evans Bank ($10,297).
The lowest rate Hailey lenders (with over 10 loans originated) are
JPMorgan Chase Bank (6.12%), GUARANTEED RATE, INC. (6.58%), U.S. Bank (6.62%), QUICKEN LOANS, LLC (6.65%) and UNITED WHOLESALE MORTGAGE, LLC (6.83%).
Hailey, ID 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 |
---|---|---|---|---|
U.S. Bank | $90,060,000 | $30,980,000 | -65.6% | 9.4% |
D. L. Evans Bank | $14,670,000 | $30,795,000 | 109.9% | 9.4% |
UNITED WHOLESALE MORTGAGE, LLC | $22,130,000 | $20,240,000 | -8.5% | 6.2% |
JPMorgan Chase Bank | $38,435,000 | $19,985,000 | -48.0% | 6.1% |
Zions Bank | $48,285,000 | $19,170,000 | -60.3% | 5.8% |
Washington Trust Bank | $5,880,000 | $14,315,000 | 143.5% | 4.4% |
First-Citizens Bank & Trust Company | $14,090,000 | n/a | 4.3% | |
QUICKEN LOANS, LLC | $17,860,000 | $13,895,000 | -22.2% | 4.2% |
Idaho First Bank | $10,340,000 | $12,945,000 | 25.2% | 3.9% |
Charles Schwab Bank, SSB | $8,325,000 | $11,190,000 | 34.4% | 3.4% |
UBS Bank USA | $8,725,000 | $10,100,000 | 15.8% | 3.1% |
Citibank | $10,065,000 | $9,755,000 | -3.1% | 3.0% |
First Republic Bank | $69,175,000 | $8,410,000 | -87.8% | 2.6% |
GUARANTEED RATE, INC. | $30,360,000 | $8,130,000 | -73.2% | 2.5% |
Wells Fargo Bank | $29,150,000 | $6,640,000 | -77.2% | 2.0% |
Washington Federal Bank | $29,835,000 | $6,280,000 | -79.0% | 1.9% |
IDAHO CENTRAL | $10,570,000 | $5,925,000 | -43.9% | 1.8% |
Glacier Bank | $36,525,000 | $4,340,000 | -88.1% | 1.3% |
Bank of Idaho | $3,665,000 | n/a | 1.1% | |
Stifel Bank and Trust | $3,035,000 | $3,510,000 | 15.7% | 1.1% |
Flagstar Bank, FSB | $8,650,000 | $3,435,000 | -60.3% | 1.0% |
PIONEER | $10,205,000 | $3,320,000 | -67.5% | 1.0% |
Goldman Sachs Bank USA | $1,255,000 | $3,315,000 | 164.1% | 1.0% |
Comerica Bank | $3,005,000 | n/a | 0.9% | |
BMO Harris Bank | $4,765,000 | $2,965,000 | -37.8% | 0.9% |
Morgan Stanley Private Bank | $26,195,000 | $2,890,000 | -89.0% | 0.9% |
FINANCE OF AMERICA REVERSE LLC | $8,305,000 | $2,880,000 | -65.3% | 0.9% |
Bank of America | $50,160,000 | $2,795,000 | -94.4% | 0.8% |
BLUE SKY BANK | $2,715,000 | n/a | 0.8% | |
GUILD MORTGAGE COMPANY | $880,000 | $2,595,000 | 194.9% | 0.8% |
LOANDEPOT.COM, LLC | $3,655,000 | $2,425,000 | -33.7% | 0.7% |
PROVIDENT FUNDING ASSOCIATES, L.P. | $1,390,000 | $2,025,000 | 45.7% | 0.6% |
First Federal Savings Bank of Twin Falls | $2,985,000 | $1,775,000 | -40.5% | 0.5% |
Gateway First Bank | $510,000 | $1,685,000 | 230.4% | 0.5% |
Barrington Bank & Trust Company, N.A. | $305,000 | $1,565,000 | 413.1% | 0.5% |
PREMIER MORTGAGE RESOURCES, L.L.C. | $3,710,000 | $1,510,000 | -59.3% | 0.5% |
ACADEMY MORTGAGE CORPORATION | $805,000 | $1,315,000 | 63.4% | 0.4% |
NEWREZ LLC | $815,000 | $1,305,000 | 60.1% | 0.4% |
LANTZMAN MANAGEMENT, INC. | $1,265,000 | n/a | 0.4% | |
BROKER SOLUTIONS, INC. | $185,000 | $1,210,000 | 554.1% | 0.4% |
CROSSCOUNTRY MORTGAGE, LLC | $2,425,000 | $1,120,000 | -53.8% | 0.3% |
JMAC LENDING, INC. | $1,085,000 | n/a | 0.3% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $1,270,000 | $1,060,000 | -16.5% | 0.3% |
ALLIANT CREDIT UNION | $1,005,000 | n/a | 0.3% | |
Logan Finance Corporation | $905,000 | n/a | 0.3% | |
The Huntington National Bank | $765,000 | $905,000 | 18.3% | 0.3% |
CAPITAL EDUCATORS FEDERAL CREDIT UNION | $785,000 | $725,000 | -7.6% | 0.2% |
HomeStreet Bank | $705,000 | n/a | 0.2% | |
Sunflower Bank | $705,000 | n/a | 0.2% | |
A&D Mortgage LLC | $695,000 | n/a | 0.2% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $675,000 | n/a | 0.2% | |
LIMA ONE CAPITAL, LLC | $665,000 | n/a | 0.2% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $450,000 | $640,000 | 42.2% | 0.2% |
FREEDOM MORTGAGE CORPORATION | $1,115,000 | $625,000 | -43.9% | 0.2% |
Mortgage Research Center, LLC | $595,000 | n/a | 0.2% | |
F&A Federal Credit Union | $565,000 | n/a | 0.2% | |
LONGBRIDGE FINANCIAL, LLC | $2,865,000 | $565,000 | -80.3% | 0.2% |
BECKAM FUNDING CORP. | $560,000 | n/a | 0.2% | |
BAY-VALLEY MORTGAGE GROUP | $545,000 | n/a | 0.2% | |
UMB Bank | $525,000 | n/a | 0.2% | |
1st Security Bank of Washington | $505,000 | n/a | 0.2% | |
AXIA FINANCIAL, LLC | $210,000 | $505,000 | 140.5% | 0.2% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $475,000 | n/a | 0.1% | |
AMERISAVE MORTGAGE CORPORATION | $175,000 | $465,000 | 165.7% | 0.1% |
BETTER MORTGAGE CORPORATION | $835,000 | $465,000 | -44.3% | 0.1% |
NFM, INC. | $465,000 | n/a | 0.1% | |
Umpqua Bank | $205,000 | $465,000 | 126.8% | 0.1% |
VERITAS FUNDING, LLC | $655,000 | $465,000 | -29.0% | 0.1% |
PHH Mortgage Corporation | $205,000 | $455,000 | 122.0% | 0.1% |
MANN FINANCIAL INC. | $395,000 | $450,000 | 13.9% | 0.1% |
PNC Bank | $2,935,000 | $450,000 | -84.7% | 0.1% |
Figure Lending LLC | $440,000 | n/a | 0.1% | |
Summit Mortgage Corporation | $435,000 | n/a | 0.1% | |
NAVY FEDERAL CREDIT UNION | $615,000 | $430,000 | -30.1% | 0.1% |
CALCON MUTUAL MORTGAGE LLC | $1,850,000 | $415,000 | -77.6% | 0.1% |
MOVEMENT MORTGAGE, LLC | $12,005,000 | $395,000 | -96.7% | 0.1% |
First National Bank of America | $385,000 | n/a | 0.1% | |
BOKF | $375,000 | n/a | 0.1% | |
S1L, Inc. | $2,675,000 | $355,000 | -86.7% | 0.1% |
BM Real Estate Services, Inc. | $345,000 | n/a | 0.1% | |
WINGS FINANCIAL | $305,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,430,000 | $270,000 | -81.1% | 0.1% |
Century Mortgage Company DBA Century Lending Company | $1,005,000 | $255,000 | -74.6% | 0.1% |
United States Senate Federal Credit Union | $245,000 | n/a | 0.1% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $235,000 | n/a | 0.1% | |
MOUNTAIN AMERICA | $255,000 | $230,000 | -9.8% | 0.1% |
Paramount Residential Mortgage Group, Inc. | $225,000 | n/a | 0.1% | |
SAMMAMISH MORTGAGE COMPANY | $835,000 | $225,000 | -73.1% | 0.1% |
First Interstate Bank | $2,855,000 | $220,000 | -92.3% | 0.1% |
GTE Federal Credit Union | $205,000 | $215,000 | 4.9% | 0.1% |
WESTMARK Credit Union | $105,000 | $200,000 | 90.5% | 0.1% |
American Mortgage & Equity Consultants, Inc. | $195,000 | n/a | 0.1% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,590,000 | $185,000 | -94.8% | 0.1% |
AMERICA FIRST | $830,000 | $170,000 | -79.5% | 0.1% |
Discover Bank | $45,000 | $170,000 | 277.8% | 0.1% |
NBKC BANK | $145,000 | n/a | 0.0% | |
HomeTrust Bank | $135,000 | n/a | 0.0% | |
21ST MORTGAGE CORPORATION | $95,000 | n/a | 0.0% | |
KeyBank | $2,225,000 | $85,000 | -96.2% | 0.0% |
FARMERS BANK | $165,000 | $75,000 | -54.5% | 0.0% |
Bank of the West | $3,395,000 | $55,000 | -98.4% | 0.0% |
HORIZON | $70,000 | $55,000 | -21.4% | 0.0% |
Hailey's top lender by overall market share is U.S. Bank, with 9.4% market share. In second place, with 9.4%, is D. L. Evans Bank, having originated $30,795,000 in loans. In third place, with 6.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $20,240,000 in loans. In fourth place, with 6.1%, is JPMorgan Chase Bank, having originated $19,985,000 in loans. In fifth place, with 5.8%, is Zions Bank, having originated $19,170,000 in loans.
Hailey, ID Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 243 | $210,225,000 | $865,123 |
Home Improvement | 99 | $19,555,000 | $197,525 |
Other | 72 | $36,800,000 | $511,111 |
Refi | 54 | $29,720,000 | $550,370 |
Cash Out Refi | 53 | $32,615,000 | $615,377 |
Hailey's most frequently cited loan purpose was Home Purchase, with 243 originations. The 2nd most popular reason was Home Improvement, with 99 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
Over 8% | 166 | $54,600,000 | $328,916 |
6-7% | 140 | $85,470,000 | $610,500 |
7-8% | 107 | $64,905,000 | $606,589 |
5-6% | 85 | $91,945,000 | $1,081,706 |
4-5% | 11 | $12,645,000 | $1,149,545 |
3-4% | 4 | $3,690,000 | $922,500 |
During 2023, Hailey's most frequently originated rate bucket was Over 8%, with 166 originations.
Loan Sizing (Hailey, ID MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 120 | $34,730,000 | $289,417 |
$400k-600k | 89 | $43,275,000 | $486,236 |
$600k-1000k | 87 | $64,535,000 | $741,782 |
$Over $1MM | 77 | $172,125,000 | $2,235,390 |
$100k-200k | 75 | $10,275,000 | $137,000 |
$100,000 or less | 73 | $3,975,000 | $54,452 |
Hailey's loan sizing saw the bucket of loans from $200k-400k with 120 originations, totaling $34,730,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
Under 20% | 150 | $24,290,000 | $161,933 |
60-80% | 115 | $123,565,000 | $1,074,478 |
20-40% | 99 | $47,535,000 | $480,152 |
40-60% | 79 | $54,565,000 | $690,696 |
80-100% | 65 | $46,725,000 | $718,846 |
Over 100% | 2 | $1,630,000 | $815,000 |
Hailey's loan sizing saw loans grouped in the Under 20% Loan-to-value bucket with 150 originations, totaling $24,290,000 in origination value.