Hays Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Hays averaged
6.01%
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
5.71% and
one month ago for the week of 2024-09-05, the
average rate was 6.14%.
Hays's average rate one year ago was 7.28%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.62%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Hays 30 Year Fixed Rate | 2024-10-10 | 6.01% |
Hays 30 Year Fixed Rate Refi | 2024-10-10 | 6.62% |
Hays 15 Year Fixed Rate | 2024-10-10 | 5.21% |
Hays 15 Year Fixed Rate Refi | 2024-10-10 | 5.41% |
Hays 30 Year FHA | 2024-10-10 | 5.9% |
Hays 30 Year FHA Refi | 2024-10-10 | 6.3% |
Hays 30 Year USDA | 2024-10-10 | 5.88% |
Hays 30 Year USDA Refi | 2024-10-10 | 5.98% |
Hays 30 Year VA | 2024-10-10 | 5.95% |
Hays 30 Year VA Refi | 2024-10-10 | 6.05% |
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 31 lenders originated 267
loans during 2023. The total origination value was $222,055,000, with an average loan value of
$831,667.
Hays's average closing costs are $3,710.
The top Hays lender as defined by loan originations is GOLDEN PLAINS, with
31 loans originated. Their average total fees are
$2,397, which is $1,495
lower than the next largest lender,
Sunflower Bank.
The lowest fee Hays lenders (with over 10 loans originated) are
GOLDEN PLAINS ($2,397), Sunflower Bank ($3,892), .
The lowest rate Hays lenders (with over 10 loans originated) are
GOLDEN PLAINS (6.33%), Sunflower Bank (6.37%), .
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
JONES LANG LASALLE MULTIFAMILY, LLC | $179,545,000 | n/a | 80.9% | |
GOLDEN PLAINS | $12,125,000 | $7,875,000 | -35.1% | 3.5% |
Sunflower Bank | $7,280,000 | $6,255,000 | -14.1% | 2.8% |
Equity Bank | $3,640,000 | $4,200,000 | 15.4% | 1.9% |
Emprise Bank | $1,240,000 | $4,165,000 | 235.9% | 1.9% |
QUICKEN LOANS, LLC | $3,445,000 | $2,645,000 | -23.2% | 1.2% |
Commerce Bank | $1,280,000 | $2,005,000 | 56.6% | 0.9% |
Flagstar Bank, FSB | $415,000 | $1,310,000 | 215.7% | 0.6% |
Mortgage Research Center, LLC | $1,290,000 | $1,155,000 | -10.5% | 0.5% |
Central National Bank | $1,640,000 | $885,000 | -46.0% | 0.4% |
FLAT BRANCH MORTGAGE, INC. | $360,000 | $835,000 | 131.9% | 0.4% |
Bank of the Flint Hills | $605,000 | n/a | 0.3% | |
Mortgage Investment Services Corporation | $1,750,000 | $560,000 | -68.0% | 0.3% |
USAA Federal Savings Bank | $270,000 | $530,000 | 96.3% | 0.2% |
Midwest Mortgage Associates Corporation | $485,000 | n/a | 0.2% | |
NEWREZ LLC | $175,000 | $450,000 | 157.1% | 0.2% |
Landmark National Bank | $115,000 | $425,000 | 269.6% | 0.2% |
PROVIDENT FUNDING ASSOCIATES, L.P. | $385,000 | n/a | 0.2% | |
Citizens Bank | $1,680,000 | $360,000 | -78.6% | 0.2% |
HEARTLAND CREDIT UNION | $450,000 | $360,000 | -20.0% | 0.2% |
OPEN MORTGAGE, LLC | $360,000 | n/a | 0.2% | |
CORNERSTONE HOME LENDING, INC. | $325,000 | $355,000 | 9.2% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $370,000 | $330,000 | -10.8% | 0.1% |
AMERISAVE MORTGAGE CORPORATION | $300,000 | n/a | 0.1% | |
First Federal Bank | $275,000 | n/a | 0.1% | |
NBH Bank | $515,000 | $275,000 | -46.6% | 0.1% |
Mid-Continent Funding, Inc. | $265,000 | n/a | 0.1% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $75,000 | $225,000 | 200.0% | 0.1% |
S1L, Inc. | $225,000 | n/a | 0.1% | |
Stride Bank | $225,000 | n/a | 0.1% | |
HALLMARK HOME MORTGAGE, LLC | $215,000 | n/a | 0.1% | |
UNITED WHOLESALE MORTGAGE, LLC | $680,000 | $215,000 | -68.4% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $195,000 | n/a | 0.1% | |
COMMUNITYAMERICA | $195,000 | n/a | 0.1% | |
U.S. Bank | $195,000 | n/a | 0.1% | |
The Eastern Colorado Bank | $180,000 | n/a | 0.1% | |
COMMUNITY MORTGAGE FUNDING, LLC | $165,000 | n/a | 0.1% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $165,000 | n/a | 0.1% | |
JPMorgan Chase Bank | $315,000 | $155,000 | -50.8% | 0.1% |
Century Mortgage Company DBA Century Lending Company | $145,000 | n/a | 0.1% | |
NEW DAY FINANCIAL, LLC | $135,000 | n/a | 0.1% | |
The Bennington State Bank | $1,265,000 | $135,000 | -89.3% | 0.1% |
BOKF | $125,000 | n/a | 0.1% | |
BROKER SOLUTIONS, INC. | $455,000 | $115,000 | -74.7% | 0.1% |
M&T Bank | $85,000 | $115,000 | 35.3% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $220,000 | $115,000 | -47.7% | 0.1% |
BETTER MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
First National Bank of Omaha | $105,000 | n/a | 0.0% | |
GUARANTEED RATE, INC. | $105,000 | n/a | 0.0% | |
Plains Commerce Bank | $175,000 | $105,000 | -40.0% | 0.0% |
AMERICAN FINANCING CORPORATION | $215,000 | $95,000 | -55.8% | 0.0% |
Coastal Community Bank | $80,000 | n/a | 0.0% | |
Farmers Bank & Trust | $75,000 | n/a | 0.0% | |
TOP FLITE FINANCIAL, INC. | $65,000 | n/a | 0.0% | |
DELMAR FINANCIAL COMPANY | $55,000 | n/a | 0.0% | |
CREDIT UNION OF AMERICA | $25,000 | n/a | 0.0% | |
The Central Trust Bank | $335,000 | $25,000 | -92.5% | 0.0% |
Hays's top lender by overall market share is JONES LANG LASALLE MULTIFAMILY, LLC, with 80.9% market share. In second place, with 3.5%, is GOLDEN PLAINS, having originated $7,875,000 in loans. In third place, with 2.8%, is Sunflower Bank, having originated $6,255,000 in loans. In fourth place, with 1.9%, is Equity Bank, having originated $4,200,000 in loans. In fifth place, with 1.9%, is Emprise Bank, having originated $4,165,000 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 | $165,725 (-1.9%) | $201,106 (-2.7%) | 0.00 | 175 |
2018-02-01 | $166,450 (-4.6%) | $202,654 (-3.3%) | 0.00 | 171 |
2018-03-01 | $169,900 (-2.5%) | $203,097 (-2.9%) | 0.00 | 161 |
2018-04-01 | $182,498 (4.9%) | $208,775 (-1.1%) | 0.00 | 168 |
2018-05-01 | $167,250 (-0.7%) | $206,123 (-0.8%) | 0.00 | 171 |
2018-06-01 | $169,900 (0.2%) | $201,475 (-3.2%) | 0.00 | 178 |
2018-07-01 | $166,175 (2.0%) | $198,975 (-2.6%) | 0.00 | 184 |
2018-08-01 | $150,175 (-10.8%) | $193,567 (-5.6%) | 0.00 | 191 |
2018-09-01 | $145,000 (-15.7%) | $183,558 (-11.9%) | 0.00 | 190 |
2018-10-01 | $138,425 (-16.1%) | $173,040 (-15.6%) | 0.00 | 184 |
2018-11-01 | $138,900 (-15.6%) | $167,495 (-16.4%) | 0.00 | 178 |
2018-12-01 | $138,900 (-15.8%) | $160,621 (-19.9%) | 0.00 | 177 |
2019-01-01 | $145,250 (-12.4%) | $166,345 (-17.3%) | 0.00 | 162 |
2019-02-01 | $139,700 (-16.1%) | $163,792 (-19.2%) | 0.00 | 165 |
2019-03-01 | $145,400 (-14.4%) | $174,269 (-14.2%) | 0.00 | 156 |
2019-04-01 | $150,050 (-17.8%) | $185,684 (-11.1%) | 0.00 | 147 |
2019-05-01 | $146,000 (-12.7%) | $183,016 (-11.2%) | 0.00 | 160 |
2019-06-01 | $146,500 (-13.8%) | $179,297 (-11.0%) | 0.00 | 168 |
2019-07-01 | $145,000 (-12.7%) | $181,257 (-8.9%) | 0.00 | 167 |
2019-08-01 | $146,305 (-2.6%) | $178,205 (-7.9%) | 0.00 | 161 |
2019-09-01 | $144,136 (-0.6%) | $174,262 (-5.1%) | 0.00 | 156 |
2019-10-01 | $143,341 (3.6%) | $172,172 (-0.5%) | 0.00 | 149 |
2019-11-01 | $144,900 (4.3%) | $173,389 (3.5%) | 0.00 | 140 |
2019-12-01 | $141,575 (1.9%) | $177,982 (10.8%) | 0.00 | 127 |
2020-01-01 | $139,975 (-3.6%) | $178,885 (7.5%) | 0.00 | 118 |
2020-02-01 | $140,000 (0.2%) | $196,457 (19.9%) | 0.00 | 117 |
2020-03-01 | $145,875 (0.3%) | $207,813 (19.3%) | 0.00 | 113 |
2020-04-01 | $148,000 (-1.4%) | $211,198 (13.7%) | 0.00 | 101 |
2020-05-01 | $150,000 (2.7%) | $214,209 (17.0%) | 0.00 | 93 |
2020-06-01 | $158,850 (8.4%) | $228,090 (27.2%) | 0.00 | 87 |
2020-07-01 | $170,400 (17.5%) | $235,138 (29.7%) | 0.00 | 90 |
2020-08-01 | $179,948 (23.0%) | $244,776 (37.4%) | 0.00 | 88 |
2020-09-01 | $168,675 (17.0%) | $235,804 (35.3%) | 0.00 | 85 |
2020-10-01 | $169,950 (18.6%) | $249,473 (44.9%) | 0.00 | 82 |
2020-11-01 | $167,175 (15.4%) | $257,145 (48.3%) | 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 |
2023-09-01 | $241,500 (44.8%) | $343,889 (33.2%) | 0.00 | 62 |
2023-10-01 | $249,500 (41.2%) | $341,472 (24.2%) | 0.00 | 63 |
2023-11-01 | $233,700 (29.3%) | $336,687 (19.3%) | 0.00 | 60 |
2023-12-01 | $234,900 (31.2%) | $339,829 (18.1%) | 0.00 | 55 |
2024-01-01 | $232,125 (29.0%) | $331,815 (5.9%) | 0.00 | 54 |
2024-02-01 | $242,500 (7.8%) | $352,110 (2.4%) | 0.00 | 47 |
2024-03-01 | $236,000 (2.6%) | $334,427 (-4.0%) | 0.00 | 52 |
2024-04-01 | $237,375 (-0.7%) | $342,404 (-4.9%) | 0.00 | 60 |
2024-05-01 | $282,500 (18.0%) | $360,714 (-1.5%) | 0.00 | 63 |
2024-06-01 | $297,500 (28.1%) | $359,294 (1.2%) | 0.00 | 68 |
2024-07-01 | $251,250 (-2.4%) | $358,147 (-1.3%) | 0.00 | 75 |
2024-08-01 | $250,000 (-1.0%) | $353,239 (1.1%) | 0.00 | 77 |
2024-09-01 | $254,000 (5.2%) | $350,092 (1.8%) | 0.00 | 80 |
Hays's median listing price comes in at 0% of the national average.
Hays's average listing price for 2024-09-01 was $350,092, a difference of $6,203 (1.8%) versus the prior year and $-3,147 versus the prior month.
For the 2024-09-01 period, Hays had 80 MLS listings, a difference of 3 listings (4%) versus the prior month and 18 listings (29%) 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 | 2,121 sqft |
2018-02-01 | 0 days | 2,142 sqft |
2018-03-01 | 0 days | 2,177 sqft |
2018-04-01 | 0 days | 2,244 sqft |
2018-05-01 | 0 days | 2,169 sqft |
2018-06-01 | 0 days | 2,110 sqft |
2018-07-01 | 0 days | 2,107 sqft |
2018-08-01 | 0 days | 2,087 sqft |
2018-09-01 | 0 days | 2,080 sqft |
2018-10-01 | 0 days | 2,002 sqft |
2018-11-01 | 0 days | 1,908 sqft |
2018-12-01 | 0 days | 1,924 sqft |
2019-01-01 | 0 days | 2,004 sqft |
2019-02-01 | 0 days | 1,897 sqft |
2019-03-01 | 0 days | 1,952 sqft |
2019-04-01 | 0 days | 2,016 sqft |
2019-05-01 | 0 days | 2,018 sqft |
2019-06-01 | 0 days | 1,973 sqft |
2019-07-01 | 0 days | 1,945 sqft |
2019-08-01 | 0 days | 1,889 sqft |
2019-09-01 | 0 days | 1,856 sqft |
2019-10-01 | 0 days | 1,826 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 | 1,890 sqft |
2020-03-01 | 0 days | 1,906 sqft |
2020-04-01 | 0 days | 1,914 sqft |
2020-05-01 | 0 days | 1,900 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 | 1,927 sqft |
2021-04-01 | 0 days | 1,820 sqft |
2021-05-01 | 0 days | 1,797 sqft |
2021-06-01 | 0 days | 1,928 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 | 1,828 sqft |
2022-01-01 | 0 days | 1,821 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 |
2023-09-01 | 0 days | 2,280 sqft |
2023-10-01 | 0 days | 2,322 sqft |
2023-11-01 | 0 days | 2,289 sqft |
2023-12-01 | 0 days | 2,188 sqft |
2024-01-01 | 0 days | 2,184 sqft |
2024-02-01 | 0 days | 2,333 sqft |
2024-03-01 | 0 days | 2,195 sqft |
2024-04-01 | 0 days | 2,238 sqft |
2024-05-01 | 0 days | 2,350 sqft |
2024-06-01 | 0 days | 2,284 sqft |
2024-07-01 | 0 days | 2,272 sqft |
2024-08-01 | 0 days | 2,285 sqft |
2024-09-01 | 0 days | 2,128 sqft |
Hays's median square footage for active listings during the 2024-09-01 period was 2,128 sqft. One year prior, the average listing was 2,280 sqft.
Hays, KS Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 171 | $33,225,000 | $194,298 |
Cash Out Refi | 32 | $3,390,000 | $105,938 |
Refi | 28 | $183,590,000 | $6,556,786 |
Home Improvement | 22 | $1,000,000 | $45,455 |
Other | 14 | $850,000 | $60,714 |
Hays's most frequently cited loan purpose was Home Purchase, with 171 originations. The 2nd most popular reason was Cash Out Refi, with 32 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 99 | $20,535,000 | $207,424 |
7-8% | 63 | $8,005,000 | $127,063 |
5-6% | 54 | $188,690,000 | $3,494,259 |
Over 8% | 35 | $3,155,000 | $90,143 |
4-5% | 6 | $270,000 | $45,000 |
<2.5% | 4 | $440,000 | $110,000 |
2.5-3% | 2 | $430,000 | $215,000 |
During 2023, Hays's most frequently originated rate bucket was 6-7%, with 99 originations.
Loan Sizing (Hays, KS MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 110 | $16,330,000 | $148,455 |
$100,000 or less | 91 | $5,055,000 | $55,549 |
$200k-400k | 59 | $15,825,000 | $268,220 |
$400k-600k | 4 | $1,890,000 | $472,500 |
$Over $1MM | 2 | $182,350,000 | $91,175,000 |
$600k-1000k | 1 | $605,000 | $605,000 |
Hays's loan sizing saw the bucket of loans from $100k-200k with 110 originations, totaling $16,330,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 114 | $22,020,000 | $193,158 |
60-80% | 52 | $10,750,000 | $206,731 |
Under 20% | 42 | $2,690,000 | $64,048 |
20-40% | 29 | $2,085,000 | $71,897 |
40-60% | 21 | $3,465,000 | $165,000 |
Over 100% | 4 | $180,460,000 | $45,115,000 |
Hays's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 114 originations, totaling $22,020,000 in origination value.