Hailey Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Hailey averaged
6.54%
for the week of 2023-09-14, compared to the national average of
7.18% for the same period.
The average rate for the prior week (2023-09-07) was
6.28% and
one month ago for the week of 2023-08-10, the
average rate was 6.02%.
Hailey's average rate one year ago was 5.05%.
For refis of the same type during the week of 2023-09-14, the average rate
was 5.71%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-14 | 7.18% |
| Hailey 30 Year Fixed Rate | 2023-09-14 | 6.54% |
| Hailey 30 Year Fixed Rate Refi | 2023-09-14 | 5.71% |
| Hailey 15 Year Fixed Rate | 2023-09-14 | 6.71% |
| Hailey 15 Year Fixed Rate Refi | 2023-09-14 | 7.01% |
| Hailey 30 Year FHA | 2023-09-14 | 6.89% |
| Hailey 30 Year FHA Refi | 2023-09-14 | 6.89% |
| Hailey 30 Year USDA | 2023-09-14 | 7.18% |
| Hailey 30 Year USDA Refi | 2023-09-14 | 7.18% |
| Hailey 30 Year VA | 2023-09-14 | 6.61% |
| Hailey 30 Year VA Refi | 2023-09-14 | 6.61% |
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 98 lenders originated 997
loans during 2022. The total origination value was $756,095,000, with an average loan value of
$758,370.
Hailey's average closing costs are $6,492.
The top Hailey lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
38 loans originated. Their average total fees are
$5,925, which is $1,674
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Hailey lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC ($5,925), Zions Bank ($6,004), PIONEER ($6,846), Wells Fargo Bank ($6,854) and D. L. Evans Bank ($7,178).
The lowest rate Hailey lenders (with over 10 loans originated) are
First Republic Bank (2.97%), Wells Fargo Bank (3.16%), JPMorgan Chase Bank (3.39%), Morgan Stanley Private Bank (3.59%) and Zions Bank (3.66%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| U.S. Bank | $89,495,000 | $90,060,000 | 0.6% | 11.9% |
| First Republic Bank | $85,600,000 | $69,175,000 | -19.2% | 9.1% |
| Bank of America | $47,040,000 | $50,160,000 | 6.6% | 6.6% |
| Zions Bancorporation, N.A. | $40,915,000 | $48,285,000 | 18.0% | 6.4% |
| JPMorgan Chase Bank | $56,970,000 | $38,435,000 | -32.5% | 5.1% |
| Glacier Bank | $20,715,000 | $36,525,000 | 76.3% | 4.8% |
| GUARANTEED RATE, INC. | $64,490,000 | $30,360,000 | -52.9% | 4.0% |
| Washington Federal Bank | $13,600,000 | $29,835,000 | 119.4% | 3.9% |
| Wells Fargo Bank | $73,280,000 | $29,150,000 | -60.2% | 3.9% |
| Morgan Stanley Private Bank | $32,575,000 | $26,195,000 | -19.6% | 3.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $73,690,000 | $22,130,000 | -70.0% | 2.9% |
| City National Bank | $17,020,000 | $21,480,000 | 26.2% | 2.8% |
| QUICKEN LOANS, LLC | $75,985,000 | $17,860,000 | -76.5% | 2.4% |
| D. L. Evans Bank | $29,140,000 | $14,670,000 | -49.7% | 1.9% |
| MOVEMENT MORTGAGE, LLC | $31,650,000 | $12,005,000 | -62.1% | 1.6% |
| IDAHO CENTRAL | $12,620,000 | $10,570,000 | -16.2% | 1.4% |
| Idaho First Bank | $26,325,000 | $10,340,000 | -60.7% | 1.4% |
| PIONEER | $4,180,000 | $10,205,000 | 144.1% | 1.3% |
| Citibank | $18,260,000 | $10,065,000 | -44.9% | 1.3% |
| UBS Bank USA | $11,820,000 | $8,725,000 | -26.2% | 1.2% |
| Flagstar Bank, FSB | $11,850,000 | $8,650,000 | -27.0% | 1.1% |
| Charles Schwab Bank, SSB | $20,955,000 | $8,325,000 | -60.3% | 1.1% |
| FINANCE OF AMERICA REVERSE LLC | $3,045,000 | $8,305,000 | 172.7% | 1.1% |
| The Northern Trust Company | $2,635,000 | $6,090,000 | 131.1% | 0.8% |
| Washington Trust Bank | $20,510,000 | $5,880,000 | -71.3% | 0.8% |
| FINANCE OF AMERICA MORTGAGE LLC | $8,855,000 | $5,280,000 | -40.4% | 0.7% |
| BMO Harris Bank | $10,325,000 | $4,765,000 | -53.8% | 0.6% |
| CALIBER HOME LOANS, INC. | $6,570,000 | $4,475,000 | -31.9% | 0.6% |
| BNY Mellon | $3,180,000 | $4,225,000 | 32.9% | 0.6% |
| Silicon Valley Bank | $5,480,000 | $4,160,000 | -24.1% | 0.6% |
| MUFG Union Bank | $3,975,000 | n/a | 0.5% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $4,225,000 | $3,710,000 | -12.2% | 0.5% |
| LOANDEPOT.COM, LLC | $20,950,000 | $3,655,000 | -82.6% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $8,060,000 | $3,590,000 | -55.5% | 0.5% |
| Bank of the West | $8,955,000 | $3,395,000 | -62.1% | 0.4% |
| Stifel Bank and Trust | $10,945,000 | $3,035,000 | -72.3% | 0.4% |
| First Federal Savings Bank of Twin Falls | $4,940,000 | $2,985,000 | -39.6% | 0.4% |
| PNC Bank | $1,585,000 | $2,935,000 | 85.2% | 0.4% |
| LONGBRIDGE FINANCIAL, LLC | $935,000 | $2,865,000 | 206.4% | 0.4% |
| First Interstate Bank | $4,325,000 | $2,855,000 | -34.0% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $3,070,000 | $2,785,000 | -9.3% | 0.4% |
| S1L, Inc. | $2,520,000 | $2,675,000 | 6.2% | 0.4% |
| LENDSURE MORTGAGE CORP. | $1,215,000 | $2,635,000 | 116.9% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,860,000 | $2,425,000 | -15.2% | 0.3% |
| KeyBank | $6,925,000 | $2,225,000 | -67.9% | 0.3% |
| CALCON MUTUAL MORTGAGE LLC | $7,450,000 | $1,850,000 | -75.2% | 0.2% |
| Columbia State Bank | $155,000 | $1,825,000 | 1,077.4% | 0.2% |
| Hometown Equity Mortgage, LLC | $1,625,000 | n/a | 0.2% | |
| Citizens Bank | $1,505,000 | n/a | 0.2% | |
| HOMEXPRESS MORTGAGE CORP. | $1,455,000 | n/a | 0.2% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $650,000 | $1,430,000 | 120.0% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,110,000 | $1,390,000 | 25.2% | 0.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $515,000 | $1,270,000 | 146.6% | 0.2% |
| Goldman Sachs Bank USA | $11,535,000 | $1,255,000 | -89.1% | 0.2% |
| Raymond James Bank | $6,075,000 | $1,205,000 | -80.2% | 0.2% |
| Heritage Bank | $1,195,000 | n/a | 0.2% | |
| USAA Federal Savings Bank | $1,175,000 | n/a | 0.2% | |
| FREEDOM MORTGAGE CORPORATION | $5,455,000 | $1,115,000 | -79.6% | 0.1% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $2,990,000 | $1,080,000 | -63.9% | 0.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,950,000 | $1,065,000 | -73.0% | 0.1% |
| Ally Bank | $1,605,000 | $1,060,000 | -34.0% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $1,005,000 | n/a | 0.1% | |
| EMBRACE HOME LOANS, INC. | $990,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $920,000 | $940,000 | 2.2% | 0.1% |
| PENNYMAC LOAN SERVICES, LLC | $2,570,000 | $940,000 | -63.4% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $215,000 | $940,000 | 337.2% | 0.1% |
| INTERCAP LENDING INC. | $940,000 | $905,000 | -3.7% | 0.1% |
| AMWEST FUNDING CORP. | $895,000 | n/a | 0.1% | |
| NEXERA HOLDING LLC | $885,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $4,315,000 | $880,000 | -79.6% | 0.1% |
| CMG MORTGAGE, INC. | $325,000 | $870,000 | 167.7% | 0.1% |
| Eagle Bank and Trust Company | $865,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $6,105,000 | $835,000 | -86.3% | 0.1% |
| SAMMAMISH MORTGAGE COMPANY | $835,000 | n/a | 0.1% | |
| AMERICA FIRST | $45,000 | $830,000 | 1,744.4% | 0.1% |
| NEWREZ LLC | $3,355,000 | $815,000 | -75.7% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $2,040,000 | $805,000 | -60.5% | 0.1% |
| Banner Bank | $430,000 | $805,000 | 87.2% | 0.1% |
| Amalgamated Bank | $795,000 | n/a | 0.1% | |
| CAPITAL EDUCATORS FEDERAL CREDIT UNION | $955,000 | $785,000 | -17.8% | 0.1% |
| The Huntington National Bank | $765,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $225,000 | $755,000 | 235.6% | 0.1% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $755,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $860,000 | $740,000 | -14.0% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,235,000 | $730,000 | -40.9% | 0.1% |
| Commerce Home Mortgage, Inc. | $520,000 | $690,000 | 32.7% | 0.1% |
| Northwest Farm Credit Services, FLCA | $655,000 | n/a | 0.1% | |
| VERITAS FUNDING, LLC | $655,000 | n/a | 0.1% | |
| Willamette Valley Bank | $465,000 | $645,000 | 38.7% | 0.1% |
| Citadel Servicing Corporation | $625,000 | n/a | 0.1% | |
| CITYWIDE HOME LOANS, LLC | $590,000 | $615,000 | 4.2% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $135,000 | $615,000 | 355.6% | 0.1% |
| RANLIFE, INC. | $595,000 | n/a | 0.1% | |
| KELLER MORTGAGE, LLC | $4,600,000 | $585,000 | -87.3% | 0.1% |
| BAY EQUITY LLC | $865,000 | $555,000 | -35.8% | 0.1% |
| GSF Mortgage Corporation | $970,000 | $525,000 | -45.9% | 0.1% |
| GUARANTY HOME MORTGAGE CORPORATION | $525,000 | n/a | 0.1% | |
| Sierra Pacific Mortgage Company, Inc. | $525,000 | n/a | 0.1% | |
| Network Funding, L.P. | $515,000 | n/a | 0.1% | |
| Gateway First Bank | $650,000 | $510,000 | -21.5% | 0.1% |
| STAR ONE CREDIT UNION | $315,000 | $505,000 | 60.3% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,035,000 | $500,000 | -51.7% | 0.1% |
| BNC National Bank | $475,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $405,000 | $465,000 | 14.8% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,590,000 | $450,000 | -87.5% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $1,030,000 | $435,000 | -57.8% | 0.1% |
| MANN FINANCIAL INC. | $165,000 | $395,000 | 139.4% | 0.1% |
| NMSI, INC. | $365,000 | n/a | 0.0% | |
| ALTITUDE FINANCIAL CORPORATION | $355,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $345,000 | n/a | 0.0% | |
| IMPAC MORTGAGE CORP. | $335,000 | $325,000 | -3.0% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $1,895,000 | $305,000 | -83.9% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $600,000 | $305,000 | -49.2% | 0.0% |
| Platinum Home Mortgage Corporation | $475,000 | $295,000 | -37.9% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $620,000 | $255,000 | -58.9% | 0.0% |
| MOUNTAIN AMERICA | $365,000 | $255,000 | -30.1% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $460,000 | $255,000 | -44.6% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $235,000 | n/a | 0.0% | |
| AXIA FINANCIAL, LLC | $175,000 | $210,000 | 20.0% | 0.0% |
| GTE Federal Credit Union | $205,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $345,000 | $205,000 | -40.6% | 0.0% |
| Umpqua Bank | $4,830,000 | $205,000 | -95.8% | 0.0% |
| BROKER SOLUTIONS, INC. | $1,400,000 | $185,000 | -86.8% | 0.0% |
| AMERISAVE MORTGAGE CORPORATION | $5,420,000 | $175,000 | -96.8% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $945,000 | $165,000 | -82.5% | 0.0% |
| FARMERS BANK | $360,000 | $165,000 | -54.2% | 0.0% |
| AMERICAN ADVISORS GROUP | $2,860,000 | $130,000 | -95.5% | 0.0% |
| WESTMARK Credit Union | $440,000 | $105,000 | -76.1% | 0.0% |
| HORIZON | $380,000 | $70,000 | -81.6% | 0.0% |
| DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| TOGETHER CREDIT UNION | $55,000 | n/a | 0.0% | |
| Discover Bank | $260,000 | $45,000 | -82.7% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $1,100,000 | $25,000 | -97.7% | 0.0% |
Hailey's top lender by overall market share is U.S. Bank, with 11.9% market share. In second place, with 9.1%, is First Republic Bank, having originated $69,175,000 in loans. In third place, with 6.6%, is Bank of America, having originated $50,160,000 in loans. In fourth place, with 6.4%, is Zions Bancorporation, N.A., having originated $48,285,000 in loans. In fifth place, with 5.1%, is JPMorgan Chase Bank, having originated $38,435,000 in loans.
Hailey, ID Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 344 | $337,890,000 | $982,238 |
| Cash Out Refi | 217 | $144,605,000 | $666,382 |
| Other | 161 | $141,635,000 | $879,720 |
| Refi | 161 | $101,525,000 | $630,590 |
| Home Improvement | 114 | $30,440,000 | $267,018 |
Hailey's most frequently cited loan purpose was Home Purchase, with 344 originations. The 2nd most popular reason was Cash Out Refi, with 217 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 298 | $211,810,000 | $710,772 |
| 4-5% | 214 | $169,470,000 | $791,916 |
| 5-6% | 151 | $68,925,000 | $456,457 |
| 2.5-3% | 119 | $163,245,000 | $1,371,807 |
| 6-7% | 85 | $35,285,000 | $415,118 |
| <2.5% | 68 | $72,230,000 | $1,062,206 |
| 7-8% | 37 | $14,685,000 | $396,892 |
| Over 8% | 15 | $8,085,000 | $539,000 |
During 2022, Hailey's most frequently originated rate bucket was 3-4%, with 298 originations.
Loan Sizing (Hailey, ID MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 248 | $72,390,000 | $291,895 |
| $600k-1000k | 186 | $136,430,000 | $733,495 |
| $Over $1MM | 179 | $440,345,000 | $2,460,028 |
| $400k-600k | 169 | $83,395,000 | $493,462 |
| $100k-200k | 121 | $17,925,000 | $148,140 |
| $100,000 or less | 94 | $5,610,000 | $59,681 |
Hailey's loan sizing saw the bucket of loans from $200k-400k with 248 originations, totaling $72,390,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 245 | $291,755,000 | $1,190,837 |
| 40-60% | 226 | $200,570,000 | $887,478 |
| 20-40% | 219 | $125,915,000 | $574,954 |
| Under 20% | 177 | $39,445,000 | $222,853 |
| 80-100% | 114 | $81,960,000 | $718,947 |
| Over 100% | 3 | $1,175,000 | $391,667 |
Hailey's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 245 originations, totaling $291,755,000 in origination value.