Hannibal Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Hannibal averaged 6.18% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 6.28% and one month ago for the week of 2024-09-05, the average rate was 6.51%.

Hannibal's average rate one year ago was 7.55%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.82%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Hannibal 30 Year Fixed Rate 2024-10-10 6.18%
Hannibal 30 Year Fixed Rate Refi 2024-10-10 6.82%
Hannibal 15 Year Fixed Rate 2024-10-10 5.41%
Hannibal 15 Year Fixed Rate Refi 2024-10-10 5.41%
Hannibal 30 Year FHA 2024-10-10 6%
Hannibal 30 Year FHA Refi 2024-10-10 6.2%
Hannibal 30 Year USDA 2024-10-10 6.28%
Hannibal 30 Year USDA Refi 2024-10-10 5.98%
Hannibal 30 Year VA 2024-10-10 5.85%
Hannibal 30 Year VA Refi 2024-10-10 5.65%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Hannibal, MO.

Hannibal 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 Hannibal, MO 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
HNB National Bank 63 6.83% $1,387
THOMPSON KANE & COMPANY, LLC 42 6.63% $1,988
HomeBank 21 6.67% $1,685
FLAT BRANCH MORTGAGE, INC. 12 7.05% $3,350
QUICKEN LOANS, LLC 9 7.19% $4,767
United Community Bank 9 6.64% $1,863
First Bankers Trust Company 5 7.60% $1,617
LEADERONE FINANCIAL CORPORATION 3 6.71% $3,334
The Central Trust Bank 3 7.17% $3,614
JLB CORPORATION 2 6.88% $4,076
U.S. Bank 2 6.50% $2,080
JPMorgan Chase Bank 2 7.38% $1,916
First Mid Bank & Trust 1 5.88% $1,871
Flagstar Bank, FSB 1 6.50% $5,424
GUILD MORTGAGE COMPANY 1 7.13% $2,334
HEARTLAND 1 6.50% $2,221
LOANDEPOT.COM, LLC 1 6.63% $5,295
Midwest BankCentre 1 6.75% $2,069
MISSOURI Credit Union 1 6.13% $2,373
MISSOURI ELECTRIC COOPERATIVES EMPL 1 6.00% $1,750
Mortgage Research Center, LLC 1 6.50% $0
Mr. Cooper ( Nationstar Mortgage ) 1 6.13% $4,355
NEWREZ LLC 1 6.99% $7,636
Regions Bank 1 7.00% $3,425
The Bank of Missouri 1 5.38% $2,273
The Dart Bank 1 7.25% $3,253
United Fidelity Funding Corp. 1 6.99% $3,523
UNITED WHOLESALE MORTGAGE, LLC 1 7.00% $3,957
VERIDIAN CREDIT UNION 1 6.13% $1,584
Arvest Bank 1 6.25% $3,202
Wells Fargo Bank 1 6.38% $0
Bank of America 1 8.13% $4,513
Bank of Springfield 1 5.99% $1,496
BROKER SOLUTIONS, INC. 1 7.13% $10,476
Carrollton Bank 1 7.13% $2,112
CHURCHILL MORTGAGE CORPORATION 1 6.63% $2,759
Commerce Bank 1 5.88% $1,889
COMMUNITYAMERICA 1 6.88% $3,894
CROSSCOUNTRY MORTGAGE, LLC 1 7.25% $3,027
DAS Acquisition Company, LLC 1 7.99% $3,995
Deere Employees Credit Union 1 6.75% $2,458
FIRST COMMUNITY 1 5.50% $1,276

Hannibal Average Closing Costs & Other Stats

Hannibal, MO's 42 lenders originated 574 loans during 2023. The total origination value was $87,560,000, with an average loan value of $152,544.

Hannibal's average closing costs are $2,986.

The top Hannibal lender as defined by loan originations is HNB National Bank, with 63 loans originated. Their average total fees are $1,387, which is $601 lower than the next largest lender, THOMPSON KANE & COMPANY, LLC.

The lowest fee Hannibal lenders (with over 10 loans originated) are HNB National Bank ($1,387), HomeBank ($1,685), THOMPSON KANE & COMPANY, LLC ($1,988), FLAT BRANCH MORTGAGE, INC. ($3,350) and .

The lowest rate Hannibal lenders (with over 10 loans originated) are THOMPSON KANE & COMPANY, LLC (6.63%), HomeBank (6.67%), HNB National Bank (6.83%), FLAT BRANCH MORTGAGE, INC. (7.05%) and .

Hannibal, MO 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
HNB National Bank $27,930,000 $25,810,000 -7.6% 29.5%
THOMPSON KANE & COMPANY, LLC $10,800,000 $14,980,000 38.7% 17.1%
HomeBank $14,010,000 $8,390,000 -40.1% 9.6%
FLAT BRANCH MORTGAGE, INC. $3,055,000 $3,655,000 19.6% 4.2%
Commerce Bank $1,465,000 $3,445,000 135.2% 3.9%
Mortgage Research Center, LLC $2,665,000 $2,450,000 -8.1% 2.8%
QUICKEN LOANS, LLC $4,325,000 $2,210,000 -48.9% 2.5%
United Community Bank $2,205,000 $1,905,000 -13.6% 2.2%
U.S. Bank $5,350,000 $1,465,000 -72.6% 1.7%
UMB Bank $315,000 $1,145,000 263.5% 1.3%
First Bankers Trust Company $335,000 $1,105,000 229.9% 1.3%
LEADERONE FINANCIAL CORPORATION $905,000 n/a 1.0%
Bridge Community Bank $875,000 n/a 1.0%
Alliant Bank $1,650,000 $850,000 -48.5% 1.0%
The Central Trust Bank $640,000 $680,000 6.3% 0.8%
Arvest Bank $655,000 n/a 0.7%
LOANDEPOT.COM, LLC $785,000 $620,000 -21.0% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $405,000 $560,000 38.3% 0.6%
Midwest Mortgage Associates Corporation $955,000 $550,000 -42.4% 0.6%
Wells Fargo Bank $420,000 $530,000 26.2% 0.6%
Regional Missouri Bank $230,000 $500,000 117.4% 0.6%
CMG MORTGAGE, INC. $495,000 n/a 0.6%
DAS Acquisition Company, LLC $1,700,000 $490,000 -71.2% 0.6%
UNITED WHOLESALE MORTGAGE, LLC $1,395,000 $460,000 -67.0% 0.5%
Community State Bank of Missouri $415,000 $420,000 1.2% 0.5%
Regions Bank $415,000 n/a 0.5%
JPMorgan Chase Bank $270,000 $410,000 51.9% 0.5%
LOANPAL, LLC $405,000 n/a 0.5%
COMMERCIAL TRUST COMPANY OF FAYETTE $375,000 n/a 0.4%
NEWREZ LLC $135,000 $340,000 151.9% 0.4%
Bank of Springfield $1,320,000 $320,000 -75.8% 0.4%
Bell Bank $395,000 $295,000 -25.3% 0.3%
Deere Employees Credit Union $295,000 n/a 0.3%
EMBRACE HOME LOANS, INC. $295,000 n/a 0.3%
GERSHMAN INVESTMENT CORP. $1,200,000 $295,000 -75.4% 0.3%
SIRVA MORTGAGE, INC. $295,000 n/a 0.3%
CROSSCOUNTRY MORTGAGE, LLC $1,725,000 $275,000 -84.1% 0.3%
NAVY FEDERAL CREDIT UNION $485,000 $250,000 -48.5% 0.3%
FIRST COMMUNITY $175,000 $245,000 40.0% 0.3%
The Dart Bank $245,000 n/a 0.3%
United Fidelity Funding Corp. $145,000 $245,000 69.0% 0.3%
BROKER SOLUTIONS, INC. $7,765,000 $235,000 -97.0% 0.3%
Carrollton Bank $235,000 n/a 0.3%
CITY-COUNTY CREDIT UNION $485,000 $235,000 -51.5% 0.3%
MOVEMENT MORTGAGE, LLC $235,000 n/a 0.3%
USAA Federal Savings Bank $235,000 n/a 0.3%
Mid America Bank $225,000 n/a 0.3%
Mid-Continent Funding, Inc. $225,000 n/a 0.3%
JLB CORPORATION $275,000 $220,000 -20.0% 0.3%
GUILD MORTGAGE COMPANY $880,000 $215,000 -75.6% 0.2%
Discover Bank $220,000 $210,000 -4.5% 0.2%
Flagstar Bank, FSB $820,000 $210,000 -74.4% 0.2%
VERIDIAN CREDIT UNION $205,000 n/a 0.2%
FCS Financial FLCA $200,000 n/a 0.2%
Mortgage Investment Services Corporation $95,000 $195,000 105.3% 0.2%
The Bank of Missouri $195,000 n/a 0.2%
HEARTLAND $185,000 n/a 0.2%
MISSOURI ELECTRIC COOPERATIVES EMPL $590,000 $185,000 -68.6% 0.2%
PEOPLES BANK & TRUST CO. $285,000 $185,000 -35.1% 0.2%
PNC Bank $185,000 n/a 0.2%
MISSOURI Credit Union $175,000 $175,000 0.0% 0.2%
PENNYMAC LOAN SERVICES, LLC $225,000 $175,000 -22.2% 0.2%
TRIAD FINANCIAL SERVICES, INC. $175,000 n/a 0.2%
FREEDOM MORTGAGE CORPORATION $485,000 $165,000 -66.0% 0.2%
CITIZENS EQUITY FIRST $105,000 $155,000 47.6% 0.2%
Pony Express Bank $155,000 n/a 0.2%
United Credit Union $155,000 n/a 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $125,000 $145,000 16.0% 0.2%
Servion, Inc. $720,000 $135,000 -81.3% 0.2%
The Bank of Old Monroe $135,000 n/a 0.2%
Bank of America $550,000 $130,000 -76.4% 0.1%
NEW DAY FINANCIAL, LLC $340,000 $125,000 -63.2% 0.1%
TruHome Solutions, LLC $125,000 n/a 0.1%
Midwest BankCentre $115,000 n/a 0.1%
CARDINAL FINANCIAL $105,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $155,000 $105,000 -32.3% 0.1%
Third Federal Savings and Loan Association of Cleveland $105,000 n/a 0.1%
Figure Lending LLC $100,000 n/a 0.1%
COMMUNITYAMERICA $150,000 $95,000 -36.7% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $95,000 n/a 0.1%
First Mid Bank & Trust $285,000 $85,000 -70.2% 0.1%
Goldwater Bank, N.A. $85,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 $85,000 -60.5% 0.1%
UNITED SECURITY BANK $85,000 n/a 0.1%
DELMAR FINANCIAL COMPANY $350,000 $75,000 -78.6% 0.1%
Equity Prime Mortgage LLC $75,000 n/a 0.1%
ALLIANT $65,000 n/a 0.1%
Centier Bank $65,000 n/a 0.1%
First Bank $55,000 n/a 0.1%
First State Community Bank $515,000 $15,000 -97.1% 0.0%

Hannibal's top lender by overall market share is HNB National Bank, with 29.5% market share. In second place, with 17.1%, is THOMPSON KANE & COMPANY, LLC, having originated $14,980,000 in loans. In third place, with 9.6%, is HomeBank, having originated $8,390,000 in loans. In fourth place, with 4.2%, is FLAT BRANCH MORTGAGE, INC., having originated $3,655,000 in loans. In fifth place, with 3.9%, is Commerce Bank, having originated $3,445,000 in loans.


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

Realtor.com - Hannibal (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 $154,350 (18.7%) $206,925 (13.7%) 0.00 118
2018-02-01 $158,675 (16.4%) $203,381 (11.3%) 0.00 102
2018-03-01 $155,000 (11.4%) $209,946 (19.0%) 0.00 103
2018-04-01 $149,900 (7.2%) $204,525 (15.3%) 0.00 104
2018-05-01 $149,975 (8.2%) $202,220 (9.2%) 0.00 117
2018-06-01 $141,700 (4.5%) $188,280 (5.1%) 0.00 117
2018-07-01 $148,200 (9.8%) $192,198 (5.0%) 0.00 119
2018-08-01 $147,750 (6.3%) $193,832 (1.3%) 0.00 119
2018-09-01 $167,700 (15.7%) $215,105 (8.2%) 0.00 132
2018-10-01 $151,000 (8.3%) $200,085 (1.3%) 0.00 128
2018-11-01 $151,000 (9.1%) $197,672 (-3.5%) 0.00 129
2018-12-01 $147,250 (5.2%) $194,388 (-6.7%) 0.00 125
2019-01-01 $141,850 (-8.1%) $192,778 (-6.8%) 0.00 118
2019-02-01 $150,000 (-5.5%) $200,982 (-1.2%) 0.00 108
2019-03-01 $159,000 (2.6%) $199,235 (-5.1%) 0.00 104
2019-04-01 $167,000 (11.4%) $196,642 (-3.9%) 0.00 98
2019-05-01 $165,000 (10.0%) $188,367 (-6.9%) 0.00 108
2019-06-01 $157,500 (11.2%) $187,439 (-0.5%) 0.00 112
2019-07-01 $149,400 (0.8%) $183,968 (-4.3%) 0.00 124
2019-08-01 $148,668 (0.6%) $188,149 (-2.9%) 0.00 118
2019-09-01 $156,420 (-6.7%) $204,719 (-4.8%) 0.00 104
2019-10-01 $159,114 (5.4%) $206,755 (3.3%) 0.00 95
2019-11-01 $125,500 (-16.9%) $188,172 (-4.8%) 0.00 99
2019-12-01 $126,600 (-14.0%) $184,108 (-5.3%) 0.00 92
2020-01-01 $133,450 (-5.9%) $180,285 (-6.5%) 0.00 99
2020-02-01 $155,000 (3.3%) $210,060 (4.5%) 0.00 77
2020-03-01 $168,675 (6.1%) $216,985 (8.9%) 0.00 79
2020-04-01 $148,250 (-11.2%) $210,274 (6.9%) 0.00 82
2020-05-01 $154,450 (-6.4%) $209,789 (11.4%) 0.00 75
2020-06-01 $157,725 (0.1%) $208,163 (11.1%) 0.00 63
2020-07-01 $182,750 (22.3%) $227,680 (23.8%) 0.00 64
2020-08-01 $169,900 (14.3%) $227,158 (20.7%) 0.00 64
2020-09-01 $139,600 (-10.8%) $192,050 (-6.2%) 0.00 61
2020-10-01 $142,500 (-10.4%) $191,753 (-7.3%) 0.00 58
2020-11-01 $119,800 (-4.5%) $192,322 (2.2%) 0.00 50
2020-12-01 $122,525 (-3.2%) $186,746 (1.4%) 0.00 46
2021-01-01 $128,950 (-3.4%) $198,266 (10.0%) 0.00 41
2021-02-01 $136,250 (-12.1%) $246,559 (17.4%) 0.00 42
2021-03-01 $125,000 (-25.9%) $231,422 (6.7%) 0.00 37
2021-04-01 $141,950 (-4.3%) $235,217 (11.9%) 0.00 37
2021-05-01 $149,700 (-3.1%) $258,343 (23.1%) 0.00 37
2021-06-01 $163,750 (3.8%) $305,147 (46.6%) 0.00 43
2021-07-01 $162,400 (-11.1%) $286,645 (25.9%) 0.00 45
2021-08-01 $162,850 (-4.2%) $283,209 (24.7%) 0.00 54
2021-09-01 $178,375 (27.8%) $296,447 (54.4%) 0.00 46
2021-10-01 $149,000 (4.6%) $309,284 (61.3%) 0.00 38
2021-11-01 $143,125 (19.5%) $293,437 (52.6%) 0.00 46
2021-12-01 $161,200 (31.6%) $268,608 (43.8%) 0.00 53
2022-01-01 $170,000 (31.8%) $264,393 (33.4%) 0.00 49
2022-02-01 $149,000 (9.4%) $228,452 (-7.3%) 0.00 47
2022-03-01 $136,375 (9.1%) $227,086 (-1.9%) 0.00 42
2022-04-01 $139,900 (-1.4%) $222,094 (-5.6%) 0.00 45
2022-05-01 $163,725 (9.4%) $240,178 (-7.0%) 0.00 56
2022-06-01 $193,675 (18.3%) $249,476 (-18.2%) 0.00 71
2022-07-01 $232,000 (42.9%) $264,031 (-7.9%) 0.00 66
2022-08-01 $178,750 (9.8%) $240,791 (-15.0%) 0.00 75
2022-09-01 $177,250 (-0.6%) $230,937 (-22.1%) 0.00 72
2022-10-01 $173,000 (16.1%) $224,090 (-27.6%) 0.00 69
2022-11-01 $168,225 (17.5%) $217,361 (-25.9%) 0.00 68
2022-12-01 $169,900 (5.4%) $226,675 (-15.6%) 0.00 59
2023-01-01 $164,225 (-3.4%) $211,769 (-19.9%) 0.00 51
2023-02-01 $182,450 (22.5%) $234,422 (2.6%) 0.00 47
2023-03-01 $182,000 (33.5%) $259,337 (14.2%) 0.00 48
2023-04-01 $180,000 (28.7%) $252,227 (13.6%) 0.00 40
2023-05-01 $174,000 (6.3%) $264,917 (10.3%) 0.00 38
2023-06-01 $197,250 (1.9%) $251,019 (0.6%) 0.00 41
2023-07-01 $169,900 (-26.8%) $223,340 (-15.4%) 0.00 35
2023-08-01 $220,750 (23.5%) $236,993 (-1.6%) 0.00 51
2023-09-01 $210,000 (18.5%) $238,254 (3.2%) 0.00 52
2023-10-01 $213,750 (23.6%) $242,765 (8.3%) 0.00 63
2023-11-01 $225,000 (33.8%) $269,654 (24.1%) 0.00 69
2023-12-01 $217,500 (28.0%) $263,877 (16.4%) 0.00 63
2024-01-01 $219,750 (33.8%) $270,653 (27.8%) 0.00 47
2024-02-01 $192,100 (5.3%) $258,902 (10.4%) 0.00 42
2024-03-01 $184,950 (1.6%) $246,226 (-5.1%) 0.00 47
2024-04-01 $192,500 (6.9%) $250,893 (-0.5%) 0.00 62
2024-05-01 $247,500 (42.2%) $285,544 (7.8%) 0.00 65
2024-06-01 $244,450 (23.9%) $281,973 (12.3%) 0.00 68
2024-07-01 $223,500 (31.6%) $282,932 (26.7%) 0.00 61
2024-08-01 $267,500 (21.2%) $316,811 (33.7%) 0.00 59
2024-09-01 $278,475 (32.6%) $325,574 (36.7%) 0.00 77
Hannibal's median listing price for 2024-09-01 was $278,475, a difference of $68,475 (32.6%) versus the prior year and $10,975 versus the prior month.

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

Hannibal's average listing price for 2024-09-01 was $325,574, a difference of $87,320 (36.7%) versus the prior year and $8,763 versus the prior month.

For the 2024-09-01 period, Hannibal had 77 MLS listings, a difference of 18 listings (31%) versus the prior month and 25 listings (48%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Hannibal (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,487 sqft
2018-02-01 0 days 1,608 sqft
2018-03-01 0 days 1,500 sqft
2018-04-01 0 days 1,474 sqft
2018-05-01 0 days 1,494 sqft
2018-06-01 0 days 1,500 sqft
2018-07-01 0 days 1,486 sqft
2018-08-01 0 days 1,565 sqft
2018-09-01 0 days 1,590 sqft
2018-10-01 0 days 1,701 sqft
2018-11-01 0 days 1,610 sqft
2018-12-01 0 days 1,584 sqft
2019-01-01 0 days 1,592 sqft
2019-02-01 0 days 1,551 sqft
2019-03-01 0 days 1,571 sqft
2019-04-01 0 days 1,598 sqft
2019-05-01 0 days 1,568 sqft
2019-06-01 0 days 1,530 sqft
2019-07-01 0 days 1,487 sqft
2019-08-01 0 days 1,515 sqft
2019-09-01 0 days 1,614 sqft
2019-10-01 0 days 1,679 sqft
2019-11-01 0 days 1,606 sqft
2019-12-01 0 days 1,640 sqft
2020-01-01 0 days 1,601 sqft
2020-02-01 0 days 1,761 sqft
2020-03-01 0 days 1,982 sqft
2020-04-01 0 days 1,977 sqft
2020-05-01 0 days 1,960 sqft
2020-06-01 0 days 1,812 sqft
2020-07-01 0 days 1,900 sqft
2020-08-01 0 days 1,716 sqft
2020-09-01 0 days 1,660 sqft
2020-10-01 0 days 1,623 sqft
2020-11-01 0 days 1,454 sqft
2020-12-01 0 days 1,721 sqft
2021-01-01 0 days 1,764 sqft
2021-02-01 0 days 1,756 sqft
2021-03-01 0 days 1,524 sqft
2021-04-01 0 days 1,513 sqft
2021-05-01 0 days 1,652 sqft
2021-06-01 0 days 1,623 sqft
2021-07-01 0 days 1,792 sqft
2021-08-01 0 days 1,846 sqft
2021-09-01 0 days 1,865 sqft
2021-10-01 0 days 1,650 sqft
2021-11-01 0 days 1,552 sqft
2021-12-01 0 days 1,687 sqft
2022-01-01 0 days 1,725 sqft
2022-02-01 0 days 1,509 sqft
2022-03-01 0 days 1,589 sqft
2022-04-01 0 days 1,548 sqft
2022-05-01 0 days 1,658 sqft
2022-06-01 0 days 1,832 sqft
2022-07-01 0 days 1,920 sqft
2022-08-01 0 days 1,833 sqft
2022-09-01 0 days 1,881 sqft
2022-10-01 0 days 1,611 sqft
2022-11-01 0 days 1,791 sqft
2022-12-01 0 days 1,800 sqft
2023-01-01 0 days 1,658 sqft
2023-02-01 0 days 1,835 sqft
2023-03-01 0 days 1,909 sqft
2023-04-01 0 days 1,980 sqft
2023-05-01 0 days 1,975 sqft
2023-06-01 0 days 1,909 sqft
2023-07-01 0 days 1,847 sqft
2023-08-01 0 days 1,830 sqft
2023-09-01 0 days 1,730 sqft
2023-10-01 0 days 1,760 sqft
2023-11-01 0 days 1,757 sqft
2023-12-01 0 days 1,655 sqft
2024-01-01 0 days 1,580 sqft
2024-02-01 0 days 1,435 sqft
2024-03-01 0 days 1,425 sqft
2024-04-01 0 days 1,424 sqft
2024-05-01 0 days 1,497 sqft
2024-06-01 0 days 1,762 sqft
2024-07-01 0 days 1,786 sqft
2024-08-01 0 days 1,850 sqft
2024-09-01 0 days 1,812 sqft
Hannibal's median listing age (time on market) for 2024-09-01 was 0 days.

Hannibal's median square footage for active listings during the 2024-09-01 period was 1,812 sqft. One year prior, the average listing was 1,730 sqft.

Hannibal, MO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 364 $58,520,000 $160,769
Refi 84 $15,270,000 $181,786
Other 47 $5,035,000 $107,128
Cash Out Refi 43 $6,495,000 $151,047
Home Improvement 36 $2,240,000 $62,222

Hannibal's most frequently cited loan purpose was Home Purchase, with 364 originations. The 2nd most popular reason was Refi, with 84 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 283 $47,095,000 $166,413
7-8% 125 $19,875,000 $159,000
Over 8% 59 $5,815,000 $98,559
5-6% 50 $9,240,000 $184,800
<2.5% 9 $45,000 $5,000
4-5% 7 $515,000 $73,571
2.5-3% 4 $830,000 $207,500
3-4% 1 $85,000 $85,000

During 2023, Hannibal's most frequently originated rate bucket was 6-7%, with 283 originations.

Loan Sizing (Hannibal, MO MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 233 $13,665,000 $58,648
$100k-200k 205 $29,715,000 $144,951
$200k-400k 114 $30,690,000 $269,211
$400k-600k 15 $6,595,000 $439,667
$600k-1000k 4 $2,940,000 $735,000
$Over $1MM 3 $3,955,000 $1,318,333

Hannibal's loan sizing saw the bucket of loans from $100,000 or less with 233 originations, totaling $13,665,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 246 $42,250,000 $171,748
60-80% 118 $21,990,000 $186,356
Under 20% 64 $3,480,000 $54,375
20-40% 56 $4,720,000 $84,286
40-60% 49 $9,235,000 $188,469
Over 100% 3 $1,685,000 $561,667

Hannibal's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 246 originations, totaling $42,250,000 in origination value.