Hays Mortgage Rates & Closing Costs

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

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%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Hays, KS.

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.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
GOLDEN PLAINS 41 4.77% $2,992
Sunflower Bank 30 4.24% $3,100
Equity Bank 13 5.15% $2,972
QUICKEN LOANS, LLC 12 5.13% $6,680
BROKER SOLUTIONS, INC. 3 4.79% $5,406
NBH Bank 3 4.75% $2,468
LOANDEPOT.COM, LLC 3 4.32% $5,217
UNITED WHOLESALE MORTGAGE, LLC 2 6.07% $6,907
HEARTLAND CREDIT UNION 2 4.69% $2,367
JPMorgan Chase Bank 2 5.69% $2,177
HOME POINT FINANCIAL CORPORATION 2 6.13% $3,459
Mortgage Investment Services Corporation 2 6.88% $3,387
Mr. Cooper ( Nationstar Mortgage ) 2 4.31% $4,677
Fidelity Bank 2 5.81% $3,617
FLAT BRANCH MORTGAGE, INC. 2 5.56% $3,296
Citizens Bank 2 4.56% $2,663
The Central Trust Bank 2 4.62% $2,401
Wells Fargo Bank 1 5.00% $1,891
AMERICAN FINANCING CORPORATION 1 3.38% $5,498
Azura Credit Union 1 5.38% $0
Carrington Mortgage Services, LLC 1 3.38% $5,553
CERTAINTY HOME LOANS, LLC 1 7.63% $5,790
Commerce Bank 1 5.88% $1,928
Emprise Bank 1 5.13% $2,065
EVERETT FINANCIAL, INC. 1 4.63% $2,099
Gateway First Bank 1 5.38% $2,549
Mortgage Research Center, LLC 1 6.99% $625
M&T Bank 1 5.00% $4,264
Nations Lending Corporation 1 3.63% $7,761
NBKC BANK 1 5.75% $3,111
ROYAL UNITED MORTGAGE LLC 1 4.13% $6,040
UNION HOME MORTGAGE CORP. 1 6.25% $5,143
USAA Federal Savings Bank 1 5.25% $2,969
Ally Bank 1 4.88% $1,657

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. Louis
Date 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 for 2023-08-01 was $252,500, a difference of $87,500 (53.0%) versus the prior year and $-4,950 versus the prior month.

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. Louis
Date 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 listing age (time on market) for 2023-08-01 was 0 days.

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.