Hays Mortgage Rates
30 Year Fixed Rate mortgages in Hays averaged
5.85%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
6.02% and
one month ago for the week of 2022-05-19, the
average rate was 5.49%.
Hays's average rate one year ago was 3.18%.
For refis of the same type during the week of 2022-06-23, the average rate
was 5.54%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
Hays 30 Year Fixed Rate | 2022-06-23 | 5.85% |
Hays 30 Year Fixed Rate Refi | 2022-06-23 | 5.54% |
Hays 15 Year Fixed Rate | 2022-06-23 | 5.05% |
Hays 15 Year Fixed Rate Refi | 2022-06-23 | 4.46% |
Hays 30 Year FHA | 2022-06-23 | -0.04% |
Hays 30 Year FHA Refi | 2022-06-23 | 0.32% |
Hays 30 Year USDA | 2022-06-23 | 0.13% |
Hays 30 Year USDA Refi | 2022-06-23 | -0.35% |
Hays 30 Year VA | 2022-06-23 | 0.59% |
Hays 30 Year VA Refi | 2022-06-23 | -0.2% |
Hays Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, 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, KS's 45 lenders originated 485
loans during 2021. The total origination value was $81,605,000, with an average loan value of
$168,258.
The top Hays lender as defined by loan originations is GOLDEN PLAINS, with
62 loans originated. Their average total fees are
$2,217, which is $757
lower than the next largest lender,
Sunflower Bank.
The lowest fee Hays lenders (with over 10 loans originated) are
GOLDEN PLAINS ($2,217), Equity Bank ($2,553), Sunflower Bank ($2,973), UNITED WHOLESALE MORTGAGE, LLC ($3,492) and QUICKEN LOANS, LLC ($3,675).
The lowest rate Hays lenders (with over 10 loans originated) are
GOLDEN PLAINS (2.87%), Equity Bank (2.93%), UNITED WHOLESALE MORTGAGE, LLC (3.04%), QUICKEN LOANS, LLC (3.05%) and Sunflower Bank (3.05%).
Hays, KS Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
GOLDEN PLAINS | $41,990,000 | $22,065,000 | -47.5% | 27.0% |
Sunflower Bank | $7,755,000 | $5,625,000 | -27.5% | 6.9% |
QUICKEN LOANS, LLC | $5,960,000 | $5,455,000 | -8.5% | 6.7% |
UNITED WHOLESALE MORTGAGE, LLC | $5,885,000 | $4,695,000 | -20.2% | 5.8% |
Emprise Bank | $2,875,000 | $4,290,000 | 49.2% | 5.3% |
Citizens Bank | $2,850,000 | n/a | 3.5% | |
Equity Bank | $3,935,000 | $2,785,000 | -29.2% | 3.4% |
FREEDOM MORTGAGE CORPORATION | $1,255,000 | $2,375,000 | 89.2% | 2.9% |
Mortgage Investment Services Corporation | $3,740,000 | $2,285,000 | -38.9% | 2.8% |
HOME POINT FINANCIAL CORPORATION | $5,840,000 | $1,640,000 | -71.9% | 2.0% |
Mortgage Research Center, LLC | $1,510,000 | $1,590,000 | 5.3% | 1.9% |
The Greenwood's State Bank | $1,435,000 | n/a | 1.8% | |
Flagstar Bank, FSB | $595,000 | $1,170,000 | 96.6% | 1.4% |
Plains Commerce Bank | $1,470,000 | $1,170,000 | -20.4% | 1.4% |
Commerce Bank | $2,335,000 | $1,135,000 | -51.4% | 1.4% |
The Bennington State Bank | $3,950,000 | $1,105,000 | -72.0% | 1.4% |
LOANDEPOT.COM, LLC | $655,000 | $1,100,000 | 67.9% | 1.3% |
COMMUNITY MORTGAGE, LLC | $605,000 | $1,095,000 | 81.0% | 1.3% |
NEWREZ LLC | $155,000 | $1,080,000 | 596.8% | 1.3% |
Mr. Cooper ( Nationstar Mortgage ) | $1,520,000 | $930,000 | -38.8% | 1.1% |
Central National Bank | $680,000 | $895,000 | 31.6% | 1.1% |
U.S. Bank | $875,000 | n/a | 1.1% | |
BETTER MORTGAGE CORPORATION | $405,000 | $675,000 | 66.7% | 0.8% |
Farmers Bank & Trust | $290,000 | $615,000 | 112.1% | 0.8% |
USAA Federal Savings Bank | $965,000 | $605,000 | -37.3% | 0.7% |
LAKEVIEW LOAN SERVICING, LLC | $155,000 | $555,000 | 258.1% | 0.7% |
Wells Fargo Bank | $460,000 | $505,000 | 9.8% | 0.6% |
UMB Bank | $495,000 | $475,000 | -4.0% | 0.6% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $455,000 | n/a | 0.6% | |
NAVY FEDERAL CREDIT UNION | $305,000 | $455,000 | 49.2% | 0.6% |
HEARTLAND CREDIT UNION | $145,000 | $435,000 | 200.0% | 0.5% |
Paramount Residential Mortgage Group, Inc. | $410,000 | n/a | 0.5% | |
FLAT BRANCH MORTGAGE, INC. | $235,000 | $380,000 | 61.7% | 0.5% |
PENNYMAC LOAN SERVICES, LLC | $825,000 | $360,000 | -56.4% | 0.4% |
OPEN MORTGAGE, LLC | $115,000 | $315,000 | 173.9% | 0.4% |
PENTAGON FEDERAL CREDIT UNION | $195,000 | $315,000 | 61.5% | 0.4% |
HOMESIDE FINANCIAL, LLC | $310,000 | n/a | 0.4% | |
Landmark National Bank | $290,000 | n/a | 0.4% | |
LEADERONE FINANCIAL CORPORATION | $145,000 | $270,000 | 86.2% | 0.3% |
First Bank | $265,000 | n/a | 0.3% | |
Truist Bank | $255,000 | n/a | 0.3% | |
BOKF | $55,000 | $245,000 | 345.5% | 0.3% |
SENTE MORTGAGE, INC. | $245,000 | n/a | 0.3% | |
Adams Bank & Trust | $240,000 | n/a | 0.3% | |
AMERISAVE MORTGAGE CORPORATION | $800,000 | $240,000 | -70.0% | 0.3% |
21ST MORTGAGE CORPORATION | $235,000 | n/a | 0.3% | |
GUILD MORTGAGE COMPANY | $235,000 | n/a | 0.3% | |
Gateway First Bank | $45,000 | $220,000 | 388.9% | 0.3% |
BNC National Bank | $105,000 | $205,000 | 95.2% | 0.3% |
Bank of America | $265,000 | $195,000 | -26.4% | 0.2% |
Equity Prime Mortgage LLC | $195,000 | n/a | 0.2% | |
North American Savings Bank, F.S.B. | $185,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $400,000 | $180,000 | -55.0% | 0.2% |
Home Federal Savings & Loan Association of Grand Island | $175,000 | n/a | 0.2% | |
NBH Bank | $295,000 | $175,000 | -40.7% | 0.2% |
Northpointe Bank | $175,000 | n/a | 0.2% | |
PLANET HOME LENDING, LLC | $175,000 | n/a | 0.2% | |
PEOPLES STATE BANK | $105,000 | $170,000 | 61.9% | 0.2% |
Carrington Mortgage Services, LLC | $515,000 | $165,000 | -68.0% | 0.2% |
MERITRUST Federal Credit Union | $165,000 | n/a | 0.2% | |
The Central Trust Bank | $160,000 | n/a | 0.2% | |
Academy Bank | $145,000 | n/a | 0.2% | |
First Western Trust Bank | $145,000 | n/a | 0.2% | |
GENEVA FINANCIAL, LLC | $145,000 | n/a | 0.2% | |
Bank of the West | $135,000 | n/a | 0.2% | |
MOVEMENT MORTGAGE, LLC | $125,000 | $125,000 | 0.0% | 0.2% |
WRIGHT-PATT CREDIT UNION, INC. | $125,000 | n/a | 0.2% | |
CORNERSTONE HOME LENDING, INC. | $115,000 | n/a | 0.1% | |
EVERETT FINANCIAL, INC. | $115,000 | n/a | 0.1% | |
UNIVERSAL LENDING CORPORATION | $115,000 | n/a | 0.1% | |
CALIBER HOME LOANS, INC. | $345,000 | $105,000 | -69.6% | 0.1% |
S1L, Inc. | $105,000 | n/a | 0.1% | |
United Fidelity Funding Corp. | $105,000 | n/a | 0.1% | |
Sierra Pacific Mortgage Company, Inc. | $145,000 | $95,000 | -34.5% | 0.1% |
The Halstead Bank | $95,000 | n/a | 0.1% | |
AIR ACADEMY | $85,000 | n/a | 0.1% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $455,000 | $85,000 | -81.3% | 0.1% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $95,000 | $75,000 | -21.1% | 0.1% |
BankFirst | $65,000 | n/a | 0.1% | |
Discover Bank | $55,000 | n/a | 0.1% |
Hays's top lender by overall market share is GOLDEN PLAINS, with 27.0% market share. In second place, with 6.9%, is Sunflower Bank, having originated $5,625,000 in loans. In third place, with 6.7%, is QUICKEN LOANS, LLC, having originated $5,455,000 in loans. In third place, with 5.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,695,000 in loans. In third place, with 5.3%, is Emprise Bank, having originated $4,290,000 in loans.
Hays, KS Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 297 | $51,905,000 | $174,764 |
Refi | 120 | $20,230,000 | $168,583 |
Cash Out Refi | 45 | $8,225,000 | $182,778 |
Home Improvement | 13 | $695,000 | $53,462 |
Other | 10 | $550,000 | $55,000 |
Hays's most frequently cited loan purpose was Home Purchase, with 297 originations. The 2nd most popular reason was Refi, with 120 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 204 | $35,400,000 | $173,529 |
3-4% | 119 | $21,905,000 | $184,076 |
<2.5% | 112 | $19,030,000 | $169,911 |
4-5% | 23 | $2,435,000 | $105,870 |
5-6% | 13 | $495,000 | $38,077 |
6-7% | 1 | $235,000 | $235,000 |
7-8% | 1 | $55,000 | $55,000 |
During 2021, Hays's most frequently originated rate bucket was 2.5-3%, with 204 originations.
Loan Sizing (Hays, KS MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 248 | $36,520,000 | $147,258 |
$100,000 or less | 111 | $7,475,000 | $67,342 |
$200k-400k | 110 | $27,950,000 | $254,091 |
$400k-600k | 12 | $5,710,000 | $475,833 |
$600k-1000k | 2 | $1,400,000 | $700,000 |
$Over $1MM | 2 | $2,550,000 | $1,275,000 |
Hays's loan sizing saw the bucket of loans from $100k-200k with 248 originations, totaling $36,520,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 216 | $37,330,000 | $172,824 |
60-80% | 142 | $27,720,000 | $195,211 |
40-60% | 42 | $5,760,000 | $137,143 |
20-40% | 27 | $2,155,000 | $79,815 |
Under 20% | 20 | $870,000 | $43,500 |
Over 100% | 5 | $2,135,000 | $427,000 |
Hays's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 216 originations, totaling $37,330,000 in origination value.
Market Conditions (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 | $170,950 (-1.8%) | $203,475 (-2.8%) | 0.00 | 170 |
2018-02-01 | $172,000 (-4.4%) | $206,138 (-3.4%) | 0.00 | 166 |
2018-03-01 | $172,000 (-4.4%) | $206,855 (-3.2%) | 0.00 | 156 |
2018-04-01 | $187,450 (4.2%) | $211,405 (-1.6%) | 0.00 | 163 |
2018-05-01 | $179,998 (5.1%) | $208,567 (-1.6%) | 0.00 | 167 |
2018-06-01 | $179,900 (5.9%) | $204,920 (-3.0%) | 0.00 | 173 |
2018-07-01 | $172,750 (1.9%) | $203,427 (-1.6%) | 0.00 | 175 |
2018-08-01 | $157,450 (-8.5%) | $197,074 (-5.0%) | 0.00 | 182 |
2018-09-01 | $148,000 (-15.4%) | $185,731 (-11.8%) | 0.00 | 185 |
2018-10-01 | $139,950 (-15.2%) | $176,539 (-14.7%) | 0.00 | 176 |
2018-11-01 | $139,450 (-19.6%) | $171,201 (-16.2%) | 0.00 | 169 |
2018-12-01 | $139,500 (-18.9%) | $164,162 (-19.1%) | 0.00 | 168 |
2019-01-01 | $149,500 (-12.6%) | $170,099 (-16.4%) | 0.00 | 155 |
2019-02-01 | $141,250 (-17.9%) | $166,678 (-19.1%) | 0.00 | 159 |
2019-03-01 | $148,143 (-13.9%) | $176,453 (-14.7%) | 0.00 | 153 |
2019-04-01 | $153,643 (-18.0%) | $187,731 (-11.2%) | 0.00 | 145 |
2019-05-01 | $154,450 (-14.2%) | $186,759 (-10.5%) | 0.00 | 157 |
2019-06-01 | $149,900 (-16.7%) | $183,442 (-10.5%) | 0.00 | 163 |
2019-07-01 | $151,950 (-12.0%) | $185,431 (-8.9%) | 0.00 | 162 |
2019-08-01 | $152,371 (-3.2%) | $182,873 (-7.2%) | 0.00 | 155 |
2019-09-01 | $149,921 (1.3%) | $180,945 (-2.6%) | 0.00 | 147 |
2019-10-01 | $145,000 (3.6%) | $178,651 (1.2%) | 0.00 | 143 |
2019-11-01 | $145,000 (4.0%) | $174,061 (1.7%) | 0.00 | 138 |
2019-12-01 | $142,500 (2.2%) | $178,923 (9.0%) | 0.00 | 126 |
2020-01-01 | $140,000 (-6.4%) | $182,024 (7.0%) | 0.00 | 117 |
2020-02-01 | $144,500 (2.3%) | $201,033 (20.6%) | 0.00 | 118 |
2020-03-01 | $147,000 (-0.8%) | $209,372 (18.7%) | 0.00 | 114 |
2020-04-01 | $149,000 (-3.0%) | $213,595 (13.8%) | 0.00 | 101 |
2020-05-01 | $150,000 (-2.9%) | $214,498 (14.9%) | 0.00 | 94 |
2020-06-01 | $174,450 (16.4%) | $232,922 (27.0%) | 0.00 | 87 |
2020-07-01 | $179,948 (18.4%) | $239,762 (29.3%) | 0.00 | 90 |
2020-08-01 | $185,000 (21.4%) | $254,187 (39.0%) | 0.00 | 88 |
2020-09-01 | $170,000 (13.4%) | $238,833 (32.0%) | 0.00 | 85 |
2020-10-01 | $175,000 (20.7%) | $252,283 (41.2%) | 0.00 | 82 |
2020-11-01 | $165,950 (14.5%) | $257,728 (48.1%) | 0.00 | 61 |
2020-12-01 | $157,000 (10.2%) | $249,193 (39.3%) | 0.00 | 57 |
2021-01-01 | $159,000 (13.6%) | $266,749 (46.6%) | 0.00 | 50 |
2021-02-01 | $165,000 (14.2%) | $271,277 (34.9%) | 0.00 | 41 |
2021-03-01 | $217,250 (47.8%) | $322,058 (53.8%) | 0.00 | 38 |
2021-04-01 | $186,250 (25.0%) | $279,603 (30.9%) | 0.00 | 42 |
2021-05-01 | $182,500 (21.7%) | $292,139 (36.2%) | 0.00 | 49 |
2021-06-01 | $187,500 (7.5%) | $271,856 (16.7%) | 0.00 | 51 |
2021-07-01 | $177,000 (-1.6%) | $259,768 (8.3%) | 0.00 | 46 |
2021-08-01 | $182,500 (-1.4%) | $256,083 (0.8%) | 0.00 | 40 |
2021-09-01 | $185,000 (8.8%) | $261,002 (9.3%) | 0.00 | 45 |
2021-10-01 | $174,900 (-0.1%) | $268,217 (6.3%) | 0.00 | 44 |
2021-11-01 | $165,500 (-0.3%) | $260,341 (1.0%) | 0.00 | 50 |
2021-12-01 | $163,750 (4.3%) | $256,499 (2.9%) | 0.00 | 43 |
2022-01-01 | $165,000 (3.8%) | $265,150 (-0.6%) | 0.00 | 28 |
2022-02-01 | $170,000 (3.0%) | $328,035 (20.9%) | 0.00 | 16 |
2022-03-01 | $195,900 (-9.8%) | $290,005 (-10.0%) | 0.00 | 23 |
2022-04-01 | $225,000 (20.8%) | $289,979 (3.7%) | 0.00 | 24 |
2022-05-01 | $212,500 (16.4%) | $253,785 (-13.1%) | 0.00 | 33 |
Hays's median listing price comes in at 0% of the national average.
Hays's average listing price for 2022-05-01 was $253,785, a difference of $-38,354 (-13.1%) versus the prior year and $-36,194 versus the prior month.
For the 2022-05-01 period, Hays had 33 MLS listings, a difference of 9 listings (38%) versus the prior month and -16 listings (-33%) 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 | 2,150 sqft |
2018-02-01 | 0 days | 2,151 sqft |
2018-03-01 | 0 days | 2,258 sqft |
2018-04-01 | 0 days | 2,255 sqft |
2018-05-01 | 0 days | 2,193 sqft |
2018-06-01 | 0 days | 2,152 sqft |
2018-07-01 | 0 days | 2,129 sqft |
2018-08-01 | 0 days | 2,089 sqft |
2018-09-01 | 0 days | 2,069 sqft |
2018-10-01 | 0 days | 2,004 sqft |
2018-11-01 | 0 days | 1,888 sqft |
2018-12-01 | 0 days | 1,924 sqft |
2019-01-01 | 0 days | 2,010 sqft |
2019-02-01 | 0 days | 1,907 sqft |
2019-03-01 | 0 days | 1,947 sqft |
2019-04-01 | 0 days | 2,015 sqft |
2019-05-01 | 0 days | 2,053 sqft |
2019-06-01 | 0 days | 1,998 sqft |
2019-07-01 | 0 days | 1,976 sqft |
2019-08-01 | 0 days | 1,932 sqft |
2019-09-01 | 0 days | 1,914 sqft |
2019-10-01 | 0 days | 1,884 sqft |
2019-11-01 | 0 days | 1,896 sqft |
2019-12-01 | 0 days | 1,843 sqft |
2020-01-01 | 0 days | 1,812 sqft |
2020-02-01 | 0 days | 1,812 sqft |
2020-03-01 | 0 days | 1,894 sqft |
2020-04-01 | 0 days | 1,933 sqft |
2020-05-01 | 0 days | 1,884 sqft |
2020-06-01 | 0 days | 1,854 sqft |
2020-07-01 | 0 days | 1,751 sqft |
2020-08-01 | 0 days | 2,251 sqft |
2020-09-01 | 0 days | 2,021 sqft |
2020-10-01 | 0 days | 1,946 sqft |
2020-11-01 | 0 days | 1,946 sqft |
2020-12-01 | 0 days | 1,917 sqft |
2021-01-01 | 0 days | 1,953 sqft |
2021-02-01 | 0 days | 1,819 sqft |
2021-03-01 | 0 days | 1,911 sqft |
2021-04-01 | 0 days | 1,824 sqft |
2021-05-01 | 0 days | 1,808 sqft |
2021-06-01 | 0 days | 1,906 sqft |
2021-07-01 | 0 days | 1,831 sqft |
2021-08-01 | 0 days | 1,844 sqft |
2021-09-01 | 0 days | 1,849 sqft |
2021-10-01 | 0 days | 1,816 sqft |
2021-11-01 | 0 days | 1,814 sqft |
2021-12-01 | 0 days | 1,828 sqft |
2022-01-01 | 0 days | 1,821 sqft |
2022-02-01 | 0 days | 1,860 sqft |
2022-03-01 | 0 days | 2,018 sqft |
2022-04-01 | 0 days | 2,158 sqft |
2022-05-01 | 0 days | 2,077 sqft |
Hays's median square footage for active listings during the 2022-05-01 period was 2,077 sqft. One year prior, the average listing was 1,808 sqft.