Hays Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Hays averaged
6.65%
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
6.89% and
one month ago for the week of 2023-08-10, the
average rate was 6.63%.
Hays's average rate one year ago was 5.46%.
For refis of the same type during the week of 2023-09-14, the average rate
was 7.68%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-14 | 7.18% |
Hays 30 Year Fixed Rate | 2023-09-14 | 6.65% |
Hays 30 Year Fixed Rate Refi | 2023-09-14 | 7.68% |
Hays 15 Year Fixed Rate | 2023-09-14 | 6.41% |
Hays 15 Year Fixed Rate Refi | 2023-09-14 | 7.01% |
Hays 30 Year FHA | 2023-09-14 | 6.89% |
Hays 30 Year FHA Refi | 2023-09-14 | 7.09% |
Hays 30 Year USDA | 2023-09-14 | 6.78% |
Hays 30 Year USDA Refi | 2023-09-14 | 6.88% |
Hays 30 Year VA | 2023-09-14 | 7.01% |
Hays 30 Year VA Refi | 2023-09-14 | 6.81% |
Hays 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 Hays, KS 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.).
Hays Average Closing Costs & Other Stats
Hays, KS's 34 lenders originated 338
loans during 2022. The total origination value was $51,370,000, with an average loan value of
$151,982.
Hays's average closing costs are $3,628.
The top Hays lender as defined by loan originations is GOLDEN PLAINS, with
41 loans originated. Their average total fees are
$2,992, which is $108
lower than the next largest lender,
Sunflower Bank.
The lowest fee Hays lenders (with over 10 loans originated) are
Equity Bank ($2,972), GOLDEN PLAINS ($2,992), Sunflower Bank ($3,100), QUICKEN LOANS, LLC ($6,680) and .
The lowest rate Hays lenders (with over 10 loans originated) are
Sunflower Bank (4.24%), GOLDEN PLAINS (4.77%), QUICKEN LOANS, LLC (5.13%), Equity Bank (5.15%) and .
Hays, KS 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 |
---|---|---|---|---|
GOLDEN PLAINS | $22,065,000 | $12,125,000 | -45.0% | 23.6% |
Sunflower Bank | $5,625,000 | $7,280,000 | 29.4% | 14.2% |
Equity Bank | $2,785,000 | $3,640,000 | 30.7% | 7.1% |
QUICKEN LOANS, LLC | $5,455,000 | $3,445,000 | -36.8% | 6.7% |
Mortgage Investment Services Corporation | $2,285,000 | $1,750,000 | -23.4% | 3.4% |
Citizens Bank | $2,850,000 | $1,680,000 | -41.1% | 3.3% |
Central National Bank | $895,000 | $1,640,000 | 83.2% | 3.2% |
Mortgage Research Center, LLC | $1,590,000 | $1,290,000 | -18.9% | 2.5% |
Commerce Bank | $1,135,000 | $1,280,000 | 12.8% | 2.5% |
The Bennington State Bank | $1,105,000 | $1,265,000 | 14.5% | 2.5% |
Emprise Bank | $4,290,000 | $1,240,000 | -71.1% | 2.4% |
HOME POINT FINANCIAL CORPORATION | $1,640,000 | $1,040,000 | -36.6% | 2.0% |
UNITED WHOLESALE MORTGAGE, LLC | $4,695,000 | $680,000 | -85.5% | 1.3% |
LOANDEPOT.COM, LLC | $1,100,000 | $605,000 | -45.0% | 1.2% |
Pinnacle Bank | $590,000 | n/a | 1.1% | |
UMB Bank | $475,000 | $555,000 | 16.8% | 1.1% |
NBH Bank | $175,000 | $515,000 | 194.3% | 1.0% |
UNION HOME MORTGAGE CORP. | $475,000 | n/a | 0.9% | |
Fidelity Bank | $460,000 | n/a | 0.9% | |
BROKER SOLUTIONS, INC. | $455,000 | n/a | 0.9% | |
HEARTLAND CREDIT UNION | $435,000 | $450,000 | 3.4% | 0.9% |
LAKEVIEW LOAN SERVICING, LLC | $555,000 | $440,000 | -20.7% | 0.9% |
Flagstar Bank, FSB | $1,170,000 | $415,000 | -64.5% | 0.8% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $75,000 | $370,000 | 393.3% | 0.7% |
FLAT BRANCH MORTGAGE, INC. | $380,000 | $360,000 | -5.3% | 0.7% |
The Central Trust Bank | $160,000 | $335,000 | 109.4% | 0.7% |
CORNERSTONE HOME LENDING, INC. | $115,000 | $325,000 | 182.6% | 0.6% |
JPMorgan Chase Bank | $315,000 | n/a | 0.6% | |
Carrington Mortgage Services, LLC | $165,000 | $310,000 | 87.9% | 0.6% |
Wells Fargo Bank | $505,000 | $305,000 | -39.6% | 0.6% |
EVERETT FINANCIAL, INC. | $115,000 | $275,000 | 139.1% | 0.5% |
USAA Federal Savings Bank | $605,000 | $270,000 | -55.4% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $2,375,000 | $260,000 | -89.1% | 0.5% |
Ally Bank | $245,000 | n/a | 0.5% | |
Mr. Cooper ( Nationstar Mortgage ) | $930,000 | $240,000 | -74.2% | 0.5% |
MID AMERICA MORTGAGE, INC. | $225,000 | n/a | 0.4% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $220,000 | n/a | 0.4% | |
AMERICAN FINANCING CORPORATION | $215,000 | n/a | 0.4% | |
Magnolia Bank | $215,000 | n/a | 0.4% | |
Gateway First Bank | $220,000 | $205,000 | -6.8% | 0.4% |
NBKC BANK | $205,000 | n/a | 0.4% | |
CERTAINTY HOME LOANS, LLC | $195,000 | n/a | 0.4% | |
EMBRACE HOME LOANS, INC. | $195,000 | n/a | 0.4% | |
PNC Bank | $185,000 | n/a | 0.4% | |
Sierra Pacific Mortgage Company, Inc. | $95,000 | $185,000 | 94.7% | 0.4% |
Nations Lending Corporation | $175,000 | n/a | 0.3% | |
NAVY FEDERAL CREDIT UNION | $455,000 | $175,000 | -61.5% | 0.3% |
NEWREZ LLC | $1,080,000 | $175,000 | -83.8% | 0.3% |
Plains Commerce Bank | $1,170,000 | $175,000 | -85.0% | 0.3% |
LEADERONE FINANCIAL CORPORATION | $270,000 | $165,000 | -38.9% | 0.3% |
GENEVA FINANCIAL, LLC | $145,000 | $155,000 | 6.9% | 0.3% |
Discover Bank | $55,000 | $150,000 | 172.7% | 0.3% |
SECURITYNATIONAL MORTGAGE COMPANY | $150,000 | n/a | 0.3% | |
Paramount Residential Mortgage Group, Inc. | $410,000 | $145,000 | -64.6% | 0.3% |
Azura Credit Union | $115,000 | n/a | 0.2% | |
Chickasaw Community Bank | $115,000 | n/a | 0.2% | |
Landmark National Bank | $290,000 | $115,000 | -60.3% | 0.2% |
PEOPLES STATE BANK | $170,000 | $115,000 | -32.4% | 0.2% |
Barrington Bank & Trust Company, N.A. | $105,000 | n/a | 0.2% | |
M&T Bank | $85,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $180,000 | $85,000 | -52.8% | 0.2% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $85,000 | $75,000 | -11.8% | 0.1% |
Figure Lending LLC | $70,000 | n/a | 0.1% | |
SPRING EQ, LLC | $55,000 | n/a | 0.1% |
Hays's top lender by overall market share is GOLDEN PLAINS, with 23.6% market share. In second place, with 14.2%, is Sunflower Bank, having originated $7,280,000 in loans. In third place, with 7.1%, is Equity Bank, having originated $3,640,000 in loans. In fourth place, with 6.7%, is QUICKEN LOANS, LLC, having originated $3,445,000 in loans. In fifth place, with 3.4%, is Mortgage Investment Services Corporation, having originated $1,750,000 in loans.
Hays Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Hays (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $165,000 (-2.5%) | $200,311 (-3.0%) | 0.00 | 176 |
2018-02-01 | $165,725 (-5.0%) | $201,840 (-3.7%) | 0.00 | 172 |
2018-03-01 | $168,900 (-3.1%) | $202,229 (-3.4%) | 0.00 | 162 |
2018-04-01 | $181,999 (4.6%) | $207,875 (-1.6%) | 0.00 | 169 |
2018-05-01 | $165,000 (-2.0%) | $205,254 (-1.2%) | 0.00 | 172 |
2018-06-01 | $169,900 (0.2%) | $200,679 (-3.6%) | 0.00 | 179 |
2018-07-01 | $164,850 (1.1%) | $198,210 (-3.0%) | 0.00 | 185 |
2018-08-01 | $149,900 (-11.0%) | $192,852 (-5.9%) | 0.00 | 192 |
2018-09-01 | $145,000 (-15.7%) | $182,753 (-12.3%) | 0.00 | 193 |
2018-10-01 | $138,950 (-15.8%) | $173,047 (-15.6%) | 0.00 | 185 |
2018-11-01 | $136,950 (-16.5%) | $167,465 (-16.2%) | 0.00 | 179 |
2018-12-01 | $137,700 (-16.6%) | $160,736 (-19.5%) | 0.00 | 178 |
2019-01-01 | $145,750 (-11.7%) | $166,433 (-16.9%) | 0.00 | 163 |
2019-02-01 | $139,925 (-15.6%) | $164,056 (-18.7%) | 0.00 | 165 |
2019-03-01 | $146,943 (-13.0%) | $174,441 (-13.7%) | 0.00 | 157 |
2019-04-01 | $151,943 (-16.5%) | $185,408 (-10.8%) | 0.00 | 149 |
2019-05-01 | $147,450 (-10.6%) | $182,997 (-10.8%) | 0.00 | 164 |
2019-06-01 | $149,000 (-12.3%) | $178,747 (-10.9%) | 0.00 | 171 |
2019-07-01 | $145,000 (-12.0%) | $180,854 (-8.8%) | 0.00 | 169 |
2019-08-01 | $147,568 (-1.6%) | $178,718 (-7.3%) | 0.00 | 163 |
2019-09-01 | $145,420 (0.3%) | $175,921 (-3.7%) | 0.00 | 159 |
2019-10-01 | $144,364 (3.9%) | $174,282 (0.7%) | 0.00 | 152 |
2019-11-01 | $144,700 (5.7%) | $173,624 (3.7%) | 0.00 | 140 |
2019-12-01 | $141,575 (2.8%) | $177,982 (10.7%) | 0.00 | 127 |
2020-01-01 | $139,975 (-4.0%) | $178,885 (7.5%) | 0.00 | 118 |
2020-02-01 | $140,000 (0.1%) | $196,457 (19.8%) | 0.00 | 117 |
2020-03-01 | $145,875 (-0.7%) | $207,813 (19.1%) | 0.00 | 113 |
2020-04-01 | $148,000 (-2.6%) | $211,198 (13.9%) | 0.00 | 101 |
2020-05-01 | $150,000 (1.7%) | $214,209 (17.1%) | 0.00 | 93 |
2020-06-01 | $158,850 (6.6%) | $228,090 (27.6%) | 0.00 | 87 |
2020-07-01 | $170,400 (17.5%) | $235,138 (30.0%) | 0.00 | 90 |
2020-08-01 | $179,948 (21.9%) | $244,776 (37.0%) | 0.00 | 88 |
2020-09-01 | $168,675 (16.0%) | $235,804 (34.0%) | 0.00 | 85 |
2020-10-01 | $169,950 (17.7%) | $249,473 (43.1%) | 0.00 | 82 |
2020-11-01 | $167,175 (15.5%) | $257,145 (48.1%) | 0.00 | 61 |
2020-12-01 | $155,500 (9.8%) | $252,778 (42.0%) | 0.00 | 58 |
2021-01-01 | $157,000 (12.2%) | $269,098 (50.4%) | 0.00 | 50 |
2021-02-01 | $165,000 (17.9%) | $272,976 (39.0%) | 0.00 | 42 |
2021-03-01 | $212,225 (45.5%) | $325,988 (56.9%) | 0.00 | 39 |
2021-04-01 | $183,750 (24.2%) | $279,603 (32.4%) | 0.00 | 43 |
2021-05-01 | $182,500 (21.7%) | $292,139 (36.4%) | 0.00 | 49 |
2021-06-01 | $187,500 (18.0%) | $273,289 (19.8%) | 0.00 | 52 |
2021-07-01 | $179,000 (5.1%) | $257,798 (9.6%) | 0.00 | 46 |
2021-08-01 | $182,500 (1.4%) | $256,083 (4.6%) | 0.00 | 40 |
2021-09-01 | $183,750 (8.9%) | $261,002 (10.7%) | 0.00 | 45 |
2021-10-01 | $170,000 (0.0%) | $264,580 (6.1%) | 0.00 | 45 |
2021-11-01 | $165,475 (-1.0%) | $260,341 (1.2%) | 0.00 | 52 |
2021-12-01 | $162,475 (4.5%) | $256,499 (1.5%) | 0.00 | 43 |
2022-01-01 | $162,450 (3.5%) | $265,088 (-1.5%) | 0.00 | 28 |
2022-02-01 | $168,750 (2.3%) | $328,035 (20.2%) | 0.00 | 16 |
2022-03-01 | $195,450 (-7.9%) | $287,506 (-11.8%) | 0.00 | 24 |
2022-04-01 | $202,500 (10.2%) | $287,930 (3.0%) | 0.00 | 24 |
2022-05-01 | $212,500 (16.4%) | $253,785 (-13.1%) | 0.00 | 34 |
2022-06-01 | $178,250 (-4.9%) | $240,606 (-12.0%) | 0.00 | 42 |
2022-07-01 | $175,000 (-2.2%) | $221,837 (-14.0%) | 0.00 | 53 |
2022-08-01 | $165,000 (-9.6%) | $256,853 (0.3%) | 0.00 | 59 |
2022-09-01 | $166,750 (-9.3%) | $258,103 (-1.1%) | 0.00 | 55 |
2022-10-01 | $176,750 (4.0%) | $274,872 (3.9%) | 0.00 | 60 |
2022-11-01 | $180,750 (9.2%) | $282,330 (8.5%) | 0.00 | 50 |
2022-12-01 | $179,000 (10.2%) | $287,828 (12.2%) | 0.00 | 53 |
2023-01-01 | $179,975 (10.8%) | $313,277 (18.2%) | 0.00 | 50 |
2023-02-01 | $224,950 (33.3%) | $344,033 (4.9%) | 0.00 | 47 |
2023-03-01 | $229,950 (17.7%) | $348,252 (21.1%) | 0.00 | 47 |
2023-04-01 | $239,000 (18.0%) | $359,898 (25.0%) | 0.00 | 46 |
2023-05-01 | $239,500 (12.7%) | $366,166 (44.3%) | 0.00 | 51 |
2023-06-01 | $232,225 (30.3%) | $355,086 (47.6%) | 0.00 | 54 |
2023-07-01 | $257,450 (47.1%) | $362,740 (63.5%) | 0.00 | 53 |
2023-08-01 | $252,500 (53.0%) | $349,337 (36.0%) | 0.00 | 59 |
Hays's median listing price comes in at 0% of the national average.
Hays's average listing price for 2023-08-01 was $349,337, a difference of $92,484 (36.0%) versus the prior year and $-13,403 versus the prior month.
For the 2023-08-01 period, Hays had 59 MLS listings, a difference of 6 listings (11%) versus the prior month and 0 listings (0%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Hays (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,116 sqft |
2018-02-01 | 0 days | 2,136 sqft |
2018-03-01 | 0 days | 2,165 sqft |
2018-04-01 | 0 days | 2,225 sqft |
2018-05-01 | 0 days | 2,165 sqft |
2018-06-01 | 0 days | 2,106 sqft |
2018-07-01 | 0 days | 2,104 sqft |
2018-08-01 | 0 days | 2,084 sqft |
2018-09-01 | 0 days | 2,076 sqft |
2018-10-01 | 0 days | 2,006 sqft |
2018-11-01 | 0 days | 1,902 sqft |
2018-12-01 | 0 days | 1,917 sqft |
2019-01-01 | 0 days | 2,001 sqft |
2019-02-01 | 0 days | 1,893 sqft |
2019-03-01 | 0 days | 1,939 sqft |
2019-04-01 | 0 days | 2,006 sqft |
2019-05-01 | 0 days | 2,021 sqft |
2019-06-01 | 0 days | 1,975 sqft |
2019-07-01 | 0 days | 1,933 sqft |
2019-08-01 | 0 days | 1,860 sqft |
2019-09-01 | 0 days | 1,843 sqft |
2019-10-01 | 0 days | 1,832 sqft |
2019-11-01 | 0 days | 1,878 sqft |
2019-12-01 | 0 days | 1,832 sqft |
2020-01-01 | 0 days | 1,789 sqft |
2020-02-01 | 0 days | 1,878 sqft |
2020-03-01 | 0 days | 1,902 sqft |
2020-04-01 | 0 days | 1,905 sqft |
2020-05-01 | 0 days | 1,896 sqft |
2020-06-01 | 0 days | 1,825 sqft |
2020-07-01 | 0 days | 1,742 sqft |
2020-08-01 | 0 days | 2,197 sqft |
2020-09-01 | 0 days | 1,947 sqft |
2020-10-01 | 0 days | 1,959 sqft |
2020-11-01 | 0 days | 1,946 sqft |
2020-12-01 | 0 days | 1,915 sqft |
2021-01-01 | 0 days | 1,911 sqft |
2021-02-01 | 0 days | 1,854 sqft |
2021-03-01 | 0 days | 1,958 sqft |
2021-04-01 | 0 days | 1,828 sqft |
2021-05-01 | 0 days | 1,808 sqft |
2021-06-01 | 0 days | 1,957 sqft |
2021-07-01 | 0 days | 1,824 sqft |
2021-08-01 | 0 days | 1,844 sqft |
2021-09-01 | 0 days | 1,846 sqft |
2021-10-01 | 0 days | 1,808 sqft |
2021-11-01 | 0 days | 1,803 sqft |
2021-12-01 | 0 days | 1,827 sqft |
2022-01-01 | 0 days | 1,820 sqft |
2022-02-01 | 0 days | 1,892 sqft |
2022-03-01 | 0 days | 1,967 sqft |
2022-04-01 | 0 days | 2,158 sqft |
2022-05-01 | 0 days | 2,076 sqft |
2022-06-01 | 0 days | 2,075 sqft |
2022-07-01 | 0 days | 1,920 sqft |
2022-08-01 | 0 days | 1,811 sqft |
2022-09-01 | 0 days | 1,775 sqft |
2022-10-01 | 0 days | 1,849 sqft |
2022-11-01 | 0 days | 1,849 sqft |
2022-12-01 | 0 days | 1,848 sqft |
2023-01-01 | 0 days | 1,858 sqft |
2023-02-01 | 0 days | 1,947 sqft |
2023-03-01 | 0 days | 1,895 sqft |
2023-04-01 | 0 days | 2,136 sqft |
2023-05-01 | 0 days | 2,307 sqft |
2023-06-01 | 0 days | 2,385 sqft |
2023-07-01 | 0 days | 2,399 sqft |
2023-08-01 | 0 days | 2,393 sqft |
Hays's median square footage for active listings during the 2023-08-01 period was 2,393 sqft. One year prior, the average listing was 1,811 sqft.
Hays, KS Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 216 | $37,450,000 | $173,380 |
Cash Out Refi | 47 | $6,935,000 | $147,553 |
Refi | 37 | $4,385,000 | $118,514 |
Home Improvement | 20 | $1,080,000 | $54,000 |
Other | 18 | $1,520,000 | $84,444 |
Hays's most frequently cited loan purpose was Home Purchase, with 216 originations. The 2nd most popular reason was Cash Out Refi, with 47 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 94 | $13,570,000 | $144,362 |
4-5% | 80 | $13,450,000 | $168,125 |
3-4% | 65 | $10,785,000 | $165,923 |
6-7% | 43 | $6,395,000 | $148,721 |
2.5-3% | 21 | $3,305,000 | $157,381 |
<2.5% | 14 | $1,040,000 | $74,286 |
7-8% | 11 | $1,145,000 | $104,091 |
Over 8% | 6 | $300,000 | $50,000 |
During 2022, Hays's most frequently originated rate bucket was 5-6%, with 94 originations.
Loan Sizing (Hays, KS MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 164 | $23,700,000 | $144,512 |
$100,000 or less | 101 | $5,945,000 | $58,861 |
$200k-400k | 65 | $17,225,000 | $265,000 |
$400k-600k | 6 | $2,880,000 | $480,000 |
$600k-1000k | 2 | $1,620,000 | $810,000 |
Hays's loan sizing saw the bucket of loans from $100k-200k with 164 originations, totaling $23,700,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 145 | $25,635,000 | $176,793 |
60-80% | 91 | $15,445,000 | $169,725 |
Under 20% | 44 | $1,810,000 | $41,136 |
40-60% | 29 | $3,875,000 | $133,621 |
20-40% | 19 | $1,865,000 | $98,158 |
Over 100% | 5 | $1,255,000 | $251,000 |
Hays's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 145 originations, totaling $25,635,000 in origination value.