Hays Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Hays averaged 6.75% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 6.88% and one month ago for the week of 2023-02-09, the average rate was 6.37%.

    Hays's average rate one year ago was 3.42%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.79%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Hays 30 Year Fixed Rate 2023-03-16 6.75%
    Hays 30 Year Fixed Rate Refi 2023-03-16 6.79%
    Hays 15 Year Fixed Rate 2023-03-16 6.16%
    Hays 15 Year Fixed Rate Refi 2023-03-16 6.29%
    Hays 30 Year FHA 2023-03-16 6.08%
    Hays 30 Year FHA Refi 2023-03-16 6.45%
    Hays 30 Year USDA 2023-03-16 6.56%
    Hays 30 Year USDA Refi 2023-03-16 5.94%
    Hays 30 Year VA 2023-03-16 6.43%
    Hays 30 Year VA Refi 2023-03-16 5.97%
    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 $147,014 (-13.0%) $174,442 (-13.7%) 0.00 158
    2019-04-01 $152,014 (-16.5%) $185,425 (-10.8%) 0.00 150
    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 (-0.8%) $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
    Hays's median listing price for 2023-02-01 was $224,950, a difference of $56,200 (33.3%) versus the prior year and $44,975 versus the prior month.

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

    Hays's average listing price for 2023-02-01 was $344,033, a difference of $15,998 (4.9%) versus the prior year and $30,756 versus the prior month.

    For the 2023-02-01 period, Hays had 47 MLS listings, a difference of -3 listings (-6%) versus the prior month and 31 listings (194%) 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 1,890 sqft
    2020-03-01 0 days 1,906 sqft
    2020-04-01 0 days 1,908 sqft
    2020-05-01 0 days 1,903 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 1,931 sqft
    2021-07-01 0 days 1,831 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 1,821 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 1,849 sqft
    2023-01-01 0 days 1,876 sqft
    2023-02-01 0 days 1,970 sqft
    Hays's median listing age (time on market) for 2023-02-01 was 0 days.

    Hays's median square footage for active listings during the 2023-02-01 period was 1,970 sqft. One year prior, the average listing was 1,892 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.