Helena - West Helena 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 Helena - West Helena averaged 7.72% for the week of 2022-12-01, compared to the national average of 6.49% for the same period.

    The average rate for the prior week (2022-11-23) was 7.81% and one month ago for the week of 2022-10-27, the average rate was 8.21%.

    Helena - West Helena's average rate one year ago was 3.67%.

    For refis of the same type during the week of 2022-12-01, the average rate was 6.99%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-12-01 6.49%
    Helena - West Helena 30 Year Fixed Rate 2022-12-01 7.72%
    Helena - West Helena 30 Year Fixed Rate Refi 2022-12-01 6.99%
    Helena - West Helena 15 Year Fixed Rate 2022-12-01 2.74%
    Helena - West Helena 15 Year Fixed Rate Refi 2022-12-01 2.4%
    Helena - West Helena 30 Year FHA 2022-12-01 6.62%
    Helena - West Helena 30 Year FHA Refi 2022-12-01 6.67%
    Helena - West Helena 30 Year USDA 2022-12-01 6.56%
    Helena - West Helena 30 Year VA 2022-12-01 3.41%
    Helena - West Helena 30 Year VA Refi 2022-12-01 6.23%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Helena-West Helena, AR.

    Helena - West Helena 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 Helena-West Helena, AR 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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    Renasant Bank 4 3.25% $2,945
    QUICKEN LOANS, LLC 3 3.62% $5,741
    Centennial Bank 2 4.00% $2,949
    DAS Acquisition Company, LLC 1 3.38% $2,057
    Eagle Bank and Trust Company 1 2.88% $6,446
    AMCAP MORTGAGE, LTD. 1 3.25% $2,602
    First Horizon Bank 1 3.13% $2,188
    FirstTrust Home Loans, Inc. 1 3.75% $3,233
    MORTGAGE FINANCIAL SERVICES, LLC 1 2.88% $2,686
    NAVY FEDERAL CREDIT UNION 1 3.50% $1,294
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 3.50% $7,494
    Bank of America 1 3.13% $2,426
    CALIBER HOME LOANS, INC. 1 3.15% $3,891

    Helena - West Helena Average Closing Costs & Other Stats

    Helena-West Helena, AR's 13 lenders originated 142 loans during 2021. The total origination value was $13,720,000, with an average loan value of $96,620.

    Helena - West Helena's average closing costs are $3,483.

    The top Helena - West Helena lender as defined by loan originations is Renasant Bank, with 4 loans originated. Their average total fees are $2,945, which is $2,796 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Helena - West Helena lenders (with over 10 loans originated) are .

    The lowest rate Helena - West Helena lenders (with over 10 loans originated) are .

    Helena-West Helena, AR 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Southern Bancorp Bank $2,675,000 $2,905,000 8.6% 21.2%
    QUICKEN LOANS, LLC $1,435,000 $1,915,000 33.4% 14.0%
    Renasant Bank $475,000 $970,000 104.2% 7.1%
    Centennial Bank $695,000 $885,000 27.3% 6.5%
    FirstTrust Home Loans, Inc. $85,000 $620,000 629.4% 4.5%
    FIRST COMMUNITY MORTGAGE, INC. $420,000 $600,000 42.9% 4.4%
    FREEDOM MORTGAGE CORPORATION $380,000 $495,000 30.3% 3.6%
    MORTGAGE FINANCIAL SERVICES, LLC $395,000 n/a 2.9%
    LOANDEPOT.COM, LLC $185,000 $350,000 89.2% 2.6%
    FLAT BRANCH MORTGAGE, INC. $85,000 $325,000 282.4% 2.4%
    21ST MORTGAGE CORPORATION $265,000 $295,000 11.3% 2.2%
    Eagle Bank and Trust Company $105,000 $265,000 152.4% 1.9%
    DAS Acquisition Company, LLC $260,000 n/a 1.9%
    SUN WEST MORTGAGE COMPANY, INC. $260,000 n/a 1.9%
    JPMorgan Chase Bank $55,000 $255,000 363.6% 1.9%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $235,000 n/a 1.7%
    Bank of England $205,000 n/a 1.5%
    Simmons Bank $115,000 $200,000 73.9% 1.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $65,000 $190,000 192.3% 1.4%
    Mortgage Research Center, LLC $185,000 n/a 1.3%
    Carrington Mortgage Services, LLC $115,000 $175,000 52.2% 1.3%
    CLEARPATH LENDING $175,000 n/a 1.3%
    TRIAD FINANCIAL SERVICES, INC. $155,000 n/a 1.1%
    Wells Fargo Bank $55,000 $155,000 181.8% 1.1%
    First Horizon Bank $135,000 n/a 1.0%
    NEWREZ LLC $135,000 n/a 1.0%
    UNITED WHOLESALE MORTGAGE, LLC $125,000 n/a 0.9%
    PLANET HOME LENDING, LLC $115,000 n/a 0.8%
    Bank of America $185,000 $105,000 -43.2% 0.8%
    CSL Financial, LLC $105,000 n/a 0.8%
    CALIBER HOME LOANS, INC. $135,000 $85,000 -37.0% 0.6%
    COMMUNITY MORTGAGE CORPORATION $240,000 $85,000 -64.6% 0.6%
    NAVY FEDERAL CREDIT UNION $75,000 n/a 0.5%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $65,000 n/a 0.5%
    VILLAGE CAPITAL & INVESTMENT LLC $65,000 n/a 0.5%
    AMCAP MORTGAGE, LTD. $55,000 n/a 0.4%
    ARKANSAS Federal Credit Union $50,000 n/a 0.4%
    BROKER SOLUTIONS, INC. $35,000 n/a 0.3%
    Figure Lending LLC $15,000 n/a 0.1%

    Helena - West Helena's top lender by overall market share is Southern Bancorp Bank, with 21.2% market share. In second place, with 14.0%, is QUICKEN LOANS, LLC, having originated $1,915,000 in loans. In third place, with 7.1%, is Renasant Bank, having originated $970,000 in loans. In fourth place, with 6.5%, is Centennial Bank, having originated $885,000 in loans. In fifth place, with 4.5%, is FirstTrust Home Loans, Inc., having originated $620,000 in loans.

    Helena - West Helena Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Helena - West Helena (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 $44,700 (-35.1%) $58,658 (-25.2%) 0.00 16
    2018-02-01 $42,450 (-19.1%) $55,389 (-22.0%) 0.00 18
    2018-03-01 $42,450 (-26.1%) $51,518 (-28.3%) 0.00 19
    2018-04-01 $51,280 (-16.6%) $50,923 (-40.3%) 0.00 20
    2018-05-01 $50,080 (-36.6%) $48,568 (-51.8%) 0.00 18
    2018-06-01 $47,500 (-41.4%) $51,647 (-54.7%) 0.00 16
    2018-07-01 $41,325 (-47.9%) $49,235 (-50.9%) 0.00 19
    2018-08-01 $26,175 (-58.3%) $39,611 (-54.6%) 0.00 21
    2018-09-01 $25,000 (-57.6%) $33,098 (-56.2%) 0.00 19
    2018-10-01 $23,500 (-52.5%) $29,222 (-52.8%) 0.00 15
    2018-11-01 $24,900 (-52.3%) $36,393 (-42.6%) 0.00 14
    2018-12-01 $30,000 (-39.4%) $54,810 (-7.0%) 0.00 15
    2019-01-01 $28,950 (-35.2%) $49,746 (-15.2%) 0.00 16
    2019-02-01 $36,225 (-14.7%) $50,141 (-9.5%) 0.00 14
    2019-03-01 $47,121 (11.0%) $57,813 (12.2%) 0.00 17
    2019-04-01 $58,430 (13.9%) $65,646 (28.9%) 0.00 19
    2019-05-01 $50,930 (1.7%) $96,440 (98.6%) 0.00 15
    2019-06-01 $49,900 (5.1%) $89,535 (73.4%) 0.00 14
    2019-07-01 $49,650 (20.2%) $92,671 (88.2%) 0.00 13
    2019-08-01 $60,000 (129.2%) $110,197 (178.2%) 0.00 12
    2019-09-01 $60,000 (140.0%) $114,785 (246.8%) 0.00 12
    2019-10-01 $60,000 (155.3%) $117,844 (303.3%) 0.00 11
    2019-11-01 $53,000 (112.9%) $55,403 (52.2%) 0.00 16
    2019-12-01 $62,500 (108.3%) $60,979 (11.3%) 0.00 14
    2020-01-01 $60,625 (109.4%) $64,665 (30.0%) 0.00 14
    2020-02-01 $58,900 (62.6%) $115,578 (130.5%) 0.00 15
    2020-03-01 $48,975 (3.9%) $72,316 (25.1%) 0.00 13
    2020-04-01 $79,000 (35.2%) $118,704 (80.8%) 0.00 12
    2020-05-01 $79,000 (55.1%) $124,700 (29.3%) 0.00 9
    2020-06-01 $79,000 (58.3%) $121,968 (36.2%) 0.00 11
    2020-07-01 $45,000 (-9.4%) $89,092 (-3.9%) 0.00 18
    2020-08-01 $29,500 (-50.8%) $55,527 (-49.6%) 0.00 23
    2020-09-01 $57,000 (-5.0%) $59,447 (-48.2%) 0.00 27
    2020-10-01 $30,000 (-50.0%) $55,611 (-52.8%) 0.00 24
    2020-11-01 $47,250 (-10.9%) $60,903 (9.9%) 0.00 24
    2020-12-01 $46,975 (-24.8%) $59,711 (-2.1%) 0.00 22
    2021-01-01 $54,900 (-9.4%) $61,548 (-4.8%) 0.00 20
    2021-02-01 $45,050 (-23.5%) $62,560 (-45.9%) 0.00 19
    2021-03-01 $38,500 (-21.4%) $68,013 (-6.0%) 0.00 20
    2021-04-01 $38,000 (-51.9%) $68,741 (-42.1%) 0.00 17
    2021-05-01 $32,500 (-58.9%) $70,395 (-43.6%) 0.00 18
    2021-06-01 $30,000 (-62.0%) $68,953 (-43.5%) 0.00 18
    2021-07-01 $30,000 (-33.3%) $78,582 (-11.8%) 0.00 17
    2021-08-01 $29,925 (1.4%) $80,341 (44.7%) 0.00 17
    2021-09-01 $31,250 (-45.2%) $76,103 (28.0%) 0.00 20
    2021-10-01 $43,000 (43.3%) $76,934 (38.3%) 0.00 27
    2021-11-01 $43,000 (-9.0%) $80,199 (31.7%) 0.00 30
    2021-12-01 $48,000 (2.2%) $103,584 (73.5%) 0.00 27
    2022-01-01 $51,500 (-6.2%) $101,656 (65.2%) 0.00 27
    2022-02-01 $51,500 (14.3%) $113,976 (82.2%) 0.00 29
    2022-03-01 $44,250 (14.9%) $113,630 (67.1%) 0.00 27
    2022-04-01 $60,100 (58.2%) $123,038 (79.0%) 0.00 19
    2022-05-01 $46,750 (43.9%) $100,248 (42.4%) 0.00 21
    2022-06-01 $70,000 (133.3%) $125,705 (82.3%) 0.00 29
    2022-07-01 $65,000 (116.7%) $134,594 (71.3%) 0.00 28
    2022-08-01 $65,000 (117.2%) $126,856 (57.9%) 0.00 28
    2022-09-01 $63,250 (102.4%) $122,340 (60.8%) 0.00 28
    2022-10-01 $64,500 (50.0%) $105,129 (36.7%) 0.00 30
    2022-11-01 $64,500 (50.0%) $106,386 (32.7%) 0.00 28
    Helena - West Helena's median listing price for 2022-11-01 was $64,500, a difference of $21,500 (50.0%) versus the prior year and $0 versus the prior month.

    Helena - West Helena's median listing price comes in at 0% of the national average.

    Helena - West Helena's average listing price for 2022-11-01 was $106,386, a difference of $26,187 (32.7%) versus the prior year and $1,257 versus the prior month.

    For the 2022-11-01 period, Helena - West Helena had 28 MLS listings, a difference of -2 listings (-7%) versus the prior month and -2 listings (-7%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Helena - West Helena (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,844 sqft
    2018-02-01 0 days 1,768 sqft
    2018-03-01 0 days 1,756 sqft
    2018-04-01 0 days 1,824 sqft
    2018-05-01 0 days 1,790 sqft
    2018-06-01 0 days 1,742 sqft
    2018-07-01 0 days 1,735 sqft
    2018-08-01 0 days 1,776 sqft
    2018-09-01 0 days 1,675 sqft
    2018-10-01 0 days 1,617 sqft
    2018-11-01 0 days 1,711 sqft
    2018-12-01 0 days 1,715 sqft
    2019-01-01 0 days 1,715 sqft
    2019-02-01 0 days 1,600 sqft
    2019-03-01 0 days 1,718 sqft
    2019-04-01 0 days 1,827 sqft
    2019-05-01 0 days 1,783 sqft
    2019-06-01 0 days 1,798 sqft
    2019-07-01 0 days 1,740 sqft
    2019-08-01 0 days 1,751 sqft
    2019-09-01 0 days 1,781 sqft
    2019-10-01 0 days 1,786 sqft
    2019-11-01 0 days 1,760 sqft
    2019-12-01 0 days 1,761 sqft
    2020-01-01 0 days 1,763 sqft
    2020-02-01 0 days 1,666 sqft
    2020-03-01 0 days 1,874 sqft
    2020-04-01 0 days 1,975 sqft
    2020-05-01 0 days 2,086 sqft
    2020-06-01 0 days 2,191 sqft
    2020-07-01 0 days 1,667 sqft
    2020-08-01 0 days 1,568 sqft
    2020-09-01 0 days 1,568 sqft
    2020-10-01 0 days 1,563 sqft
    2020-11-01 0 days 1,522 sqft
    2020-12-01 0 days 1,509 sqft
    2021-01-01 0 days 1,564 sqft
    2021-02-01 0 days 1,522 sqft
    2021-03-01 0 days 1,508 sqft
    2021-04-01 0 days 1,508 sqft
    2021-05-01 0 days 1,410 sqft
    2021-06-01 0 days 1,425 sqft
    2021-07-01 0 days 1,483 sqft
    2021-08-01 0 days 1,508 sqft
    2021-09-01 0 days 1,508 sqft
    2021-10-01 0 days 1,508 sqft
    2021-11-01 0 days 1,504 sqft
    2021-12-01 0 days 1,544 sqft
    2022-01-01 0 days 1,552 sqft
    2022-02-01 0 days 1,530 sqft
    2022-03-01 0 days 1,508 sqft
    2022-04-01 0 days 1,508 sqft
    2022-05-01 0 days 1,550 sqft
    2022-06-01 0 days 1,587 sqft
    2022-07-01 0 days 1,603 sqft
    2022-08-01 0 days 1,826 sqft
    2022-09-01 0 days 1,826 sqft
    2022-10-01 0 days 1,594 sqft
    2022-11-01 0 days 1,603 sqft
    Helena - West Helena's median listing age (time on market) for 2022-11-01 was 0 days.

    Helena - West Helena's median square footage for active listings during the 2022-11-01 period was 1,603 sqft. One year prior, the average listing was 1,504 sqft.

    Helena-West Helena, AR Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 70 $6,910,000 $98,714
    Refi 51 $4,855,000 $95,196
    Cash Out Refi 12 $1,600,000 $133,333
    Home Improvement 8 $340,000 $42,500
    Other 1 $15,000 $15,000

    Helena - West Helena's most frequently cited loan purpose was Home Purchase, with 70 originations. The 2nd most popular reason was Refi, with 51 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 42 $4,770,000 $113,571
    2.5-3% 37 $4,135,000 $111,757
    <2.5% 29 $2,765,000 $95,345
    4-5% 16 $780,000 $48,750
    5-6% 10 $590,000 $59,000
    6-7% 4 $370,000 $92,500
    7-8% 3 $215,000 $71,667
    Over 8% 1 $95,000 $95,000

    During 2021, Helena - West Helena's most frequently originated rate bucket was 3-4%, with 42 originations.

    Loan Sizing (Helena-West Helena, AR MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 81 $4,375,000 $54,012
    $100k-200k 53 $7,365,000 $138,962
    $200k-400k 8 $1,980,000 $247,500

    Helena - West Helena's loan sizing saw the bucket of loans from $100,000 or less with 81 originations, totaling $4,375,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 62 $7,550,000 $121,774
    60-80% 45 $4,105,000 $91,222
    40-60% 14 $930,000 $66,429
    20-40% 9 $215,000 $23,889
    Under 20% 5 $35,000 $7,000
    Over 100% 1 $105,000 $105,000

    Helena - West Helena's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 62 originations, totaling $7,550,000 in origination value.