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 7.2% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.68% and one month ago for the week of 2024-03-14, the average rate was 6.54%.

    Helena - West Helena's average rate one year ago was 6.27%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Helena - West Helena 30 Year Fixed Rate 2024-04-18 7.2%
    Helena - West Helena 30 Year Fixed Rate Refi 2024-04-18 7.7%
    Helena - West Helena 15 Year Fixed Rate 2024-04-18 6.49%
    Helena - West Helena 15 Year Fixed Rate Refi 2024-04-18 6.99%
    Helena - West Helena 30 Year FHA 2024-04-18 6.66%
    Helena - West Helena 30 Year FHA Refi 2024-04-18 6.96%
    Helena - West Helena 30 Year USDA 2024-04-18 6.66%
    Helena - West Helena 30 Year USDA Refi 2024-04-18 7.06%
    Helena - West Helena 30 Year VA 2024-04-18 6.76%
    Helena - West Helena 30 Year VA Refi 2024-04-18 6.66%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 5 7.15% $4,351
    FLAT BRANCH MORTGAGE, INC. 2 6.62% $4,089
    COMMUNITY MORTGAGE CORPORATION 1 6.25% $5,119
    LOANDEPOT.COM, LLC 1 6.99% $5,489
    NAVY FEDERAL CREDIT UNION 1 6.63% $1,267
    PILGRIM MORTGAGE LLC 1 6.25% $3,167
    AMERICAN HERITAGE LENDING, INC. 1 10.50% $3,867
    Renasant Bank 1 7.25% $3,036
    ARKANSAS Federal Credit Union 1 6.13% $4,304

    Helena - West Helena Average Closing Costs & Other Stats

    Helena-West Helena, AR's 9 lenders originated 101 loans during 2023. The total origination value was $9,655,000, with an average loan value of $95,594.

    Helena - West Helena's average closing costs are $3,917.

    The top Helena - West Helena lender as defined by loan originations is QUICKEN LOANS, LLC, with 5 loans originated. Their average total fees are $4,351, which is $262 higher than the next largest lender, FLAT BRANCH MORTGAGE, INC..

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Southern Bancorp Bank $1,830,000 $1,985,000 8.5% 20.6%
    QUICKEN LOANS, LLC $580,000 $1,130,000 94.8% 11.7%
    First Community Bank $560,000 n/a 5.8%
    Equity Prime Mortgage LLC $455,000 n/a 4.7%
    First Southern Bank $385,000 n/a 4.0%
    MORTGAGE FINANCIAL SERVICES, LLC $445,000 $360,000 -19.1% 3.7%
    21ST MORTGAGE CORPORATION $530,000 $325,000 -38.7% 3.4%
    PILGRIM MORTGAGE LLC $300,000 n/a 3.1%
    Mid-Continent Funding, Inc. $285,000 n/a 3.0%
    FLAT BRANCH MORTGAGE, INC. $55,000 $280,000 409.1% 2.9%
    Mortgage Research Center, LLC $320,000 $250,000 -21.9% 2.6%
    Renasant Bank $510,000 $245,000 -52.0% 2.5%
    TRIAD FINANCIAL SERVICES, INC. $235,000 n/a 2.4%
    FIRST COMMUNITY MORTGAGE, INC. $120,000 $230,000 91.7% 2.4%
    ARKANSAS Federal Credit Union $105,000 $205,000 95.2% 2.1%
    NAVY FEDERAL CREDIT UNION $155,000 $190,000 22.6% 2.0%
    COMMUNITY MORTGAGE CORPORATION $155,000 $185,000 19.4% 1.9%
    Mr. Cooper ( Nationstar Mortgage ) $65,000 $185,000 184.6% 1.9%
    LOANDEPOT.COM, LLC $545,000 $180,000 -67.0% 1.9%
    AMERICAN HERITAGE LENDING, INC. $145,000 n/a 1.5%
    SECURITYNATIONAL MORTGAGE COMPANY $130,000 n/a 1.3%
    FirstTrust Home Loans, Inc. $620,000 $95,000 -84.7% 1.0%
    First National Bank of Eastern Arkansas $35,000 $85,000 142.9% 0.9%
    ACADEMY MORTGAGE CORPORATION $75,000 n/a 0.8%
    BANK OF LITTLE ROCK MORTGAGE CORPORATION $75,000 n/a 0.8%
    BROKER SOLUTIONS, INC. $225,000 $75,000 -66.7% 0.8%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $70,000 n/a 0.7%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $65,000 n/a 0.7%
    Wells Fargo Bank $250,000 $65,000 -74.0% 0.7%
    NFM, INC. $55,000 n/a 0.6%
    NEWREZ LLC $35,000 $35,000 0.0% 0.4%

    Helena - West Helena's top lender by overall market share is Southern Bancorp Bank, with 20.6% market share. In second place, with 11.7%, is QUICKEN LOANS, LLC, having originated $1,130,000 in loans. In third place, with 5.8%, is First Community Bank, having originated $560,000 in loans. In fourth place, with 4.7%, is Equity Prime Mortgage LLC, having originated $455,000 in loans. In fifth place, with 4.0%, is First Southern Bank, having originated $385,000 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 $48,475 (-2.4%) $91,650 (-1.1%) 0.00 17
    2020-08-01 $27,250 (-54.6%) $55,600 (-49.5%) 0.00 22
    2020-09-01 $58,000 (-3.3%) $58,976 (-48.6%) 0.00 26
    2020-10-01 $25,000 (-58.3%) $54,537 (-53.7%) 0.00 24
    2020-11-01 $39,000 (-26.4%) $59,801 (7.9%) 0.00 24
    2020-12-01 $40,750 (-34.8%) $58,255 (-4.5%) 0.00 22
    2021-01-01 $50,200 (-17.2%) $59,886 (-7.4%) 0.00 21
    2021-02-01 $44,675 (-24.2%) $60,727 (-47.5%) 0.00 20
    2021-03-01 $35,000 (-28.5%) $66,051 (-8.7%) 0.00 21
    2021-04-01 $34,000 (-57.0%) $66,311 (-44.1%) 0.00 18
    2021-05-01 $30,000 (-62.0%) $68,233 (-45.3%) 0.00 19
    2021-06-01 $30,000 (-62.0%) $66,685 (-45.3%) 0.00 19
    2021-07-01 $27,500 (-43.3%) $75,606 (-17.5%) 0.00 18
    2021-08-01 $28,675 (5.2%) $77,425 (39.3%) 0.00 18
    2021-09-01 $29,975 (-48.3%) $73,673 (24.9%) 0.00 21
    2021-10-01 $36,500 (46.0%) $75,169 (37.8%) 0.00 28
    2021-11-01 $38,000 (-2.6%) $78,383 (31.1%) 0.00 31
    2021-12-01 $48,000 (17.8%) $100,792 (73.0%) 0.00 28
    2022-01-01 $48,000 (-4.4%) $98,814 (65.0%) 0.00 28
    2022-02-01 $48,000 (7.4%) $110,911 (82.6%) 0.00 30
    2022-03-01 $40,000 (14.3%) $110,457 (67.2%) 0.00 28
    2022-04-01 $53,313 (56.8%) $119,267 (79.9%) 0.00 20
    2022-05-01 $42,250 (40.8%) $96,545 (41.5%) 0.00 22
    2022-06-01 $70,000 (133.3%) $122,144 (83.2%) 0.00 30
    2022-07-01 $65,000 (136.4%) $130,665 (72.8%) 0.00 29
    2022-08-01 $65,000 (126.7%) $123,194 (59.1%) 0.00 29
    2022-09-01 $62,225 (107.6%) $118,828 (61.3%) 0.00 29
    2022-10-01 $64,500 (76.7%) $102,375 (36.2%) 0.00 31
    2022-11-01 $64,500 (69.7%) $103,303 (31.8%) 0.00 29
    2022-12-01 $119,950 (149.9%) $136,250 (35.2%) 0.00 19
    2023-01-01 $144,925 (201.9%) $158,591 (60.5%) 0.00 19
    2023-02-01 $149,900 (212.3%) $155,441 (40.2%) 0.00 23
    2023-03-01 $139,675 (249.2%) $143,671 (30.1%) 0.00 22
    2023-04-01 $119,500 (124.2%) $145,100 (21.7%) 0.00 16
    2023-05-01 $132,500 (213.6%) $155,660 (61.2%) 0.00 21
    2023-06-01 $103,863 (48.4%) $134,442 (10.1%) 0.00 25
    2023-07-01 $116,403 (79.1%) $157,870 (20.8%) 0.00 26
    2023-08-01 $114,425 (76.0%) $126,956 (3.1%) 0.00 28
    2023-09-01 $119,000 (91.2%) $126,380 (6.4%) 0.00 28
    2023-10-01 $128,000 (98.5%) $161,163 (57.4%) 0.00 28
    2023-11-01 $108,750 (68.6%) $124,938 (20.9%) 0.00 24
    2023-12-01 $119,000 (-0.8%) $128,480 (-5.7%) 0.00 25
    2024-01-01 $89,125 (-38.5%) $143,751 (-9.4%) 0.00 20
    2024-02-01 $94,450 (-37.0%) $155,022 (-0.3%) 0.00 16
    2024-03-01 $145,000 (3.8%) $215,256 (49.8%) 0.00 15
    Helena - West Helena's median listing price for 2024-03-01 was $145,000, a difference of $5,325 (3.8%) versus the prior year and $50,550 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 2024-03-01 was $215,256, a difference of $71,585 (49.8%) versus the prior year and $60,234 versus the prior month.

    For the 2024-03-01 period, Helena - West Helena had 15 MLS listings, a difference of -1 listings (-6%) versus the prior month and -7 listings (-32%) 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 1,790 sqft
    2018-04-01 0 days 1,844 sqft
    2018-05-01 0 days 1,824 sqft
    2018-06-01 0 days 1,756 sqft
    2018-07-01 0 days 1,749 sqft
    2018-08-01 0 days 1,776 sqft
    2018-09-01 0 days 1,675 sqft
    2018-10-01 0 days 1,550 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 1,612 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 1,754 sqft
    2020-08-01 0 days 1,581 sqft
    2020-09-01 0 days 1,594 sqft
    2020-10-01 0 days 1,564 sqft
    2020-11-01 0 days 1,564 sqft
    2020-12-01 0 days 1,536 sqft
    2021-01-01 0 days 1,579 sqft
    2021-02-01 0 days 1,550 sqft
    2021-03-01 0 days 1,536 sqft
    2021-04-01 0 days 1,508 sqft
    2021-05-01 0 days 1,457 sqft
    2021-06-01 0 days 1,444 sqft
    2021-07-01 0 days 1,508 sqft
    2021-08-01 0 days 1,536 sqft
    2021-09-01 0 days 1,508 sqft
    2021-10-01 0 days 1,508 sqft
    2021-11-01 0 days 1,508 sqft
    2021-12-01 0 days 1,558 sqft
    2022-01-01 0 days 1,558 sqft
    2022-02-01 0 days 1,552 sqft
    2022-03-01 0 days 1,508 sqft
    2022-04-01 0 days 1,536 sqft
    2022-05-01 0 days 1,564 sqft
    2022-06-01 0 days 1,594 sqft
    2022-07-01 0 days 1,594 sqft
    2022-08-01 0 days 1,672 sqft
    2022-09-01 0 days 1,731 sqft
    2022-10-01 0 days 1,594 sqft
    2022-11-01 0 days 1,594 sqft
    2022-12-01 0 days 1,899 sqft
    2023-01-01 0 days 2,294 sqft
    2023-02-01 0 days 2,178 sqft
    2023-03-01 0 days 1,953 sqft
    2023-04-01 0 days 1,747 sqft
    2023-05-01 0 days 1,820 sqft
    2023-06-01 0 days 1,805 sqft
    2023-07-01 0 days 1,802 sqft
    2023-08-01 0 days 1,845 sqft
    2023-09-01 0 days 1,780 sqft
    2023-10-01 0 days 1,900 sqft
    2023-11-01 0 days 1,683 sqft
    2023-12-01 0 days 1,673 sqft
    2024-01-01 0 days 1,667 sqft
    2024-02-01 0 days 1,712 sqft
    2024-03-01 0 days 1,957 sqft
    Helena - West Helena's median listing age (time on market) for 2024-03-01 was 0 days.

    Helena - West Helena's median square footage for active listings during the 2024-03-01 period was 1,957 sqft. One year prior, the average listing was 1,953 sqft.

    Helena-West Helena, AR Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 65 $7,265,000 $111,769
    Refi 15 $1,085,000 $72,333
    Home Improvement 12 $390,000 $32,500
    Other 6 $470,000 $78,333
    Cash Out Refi 3 $445,000 $148,333

    Helena - West Helena's most frequently cited loan purpose was Home Purchase, with 65 originations. The 2nd most popular reason was Refi, with 15 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    Over 8% 35 $2,045,000 $58,429
    6-7% 32 $3,660,000 $114,375
    7-8% 23 $2,395,000 $104,130
    5-6% 2 $260,000 $130,000
    3-4% 1 $185,000 $185,000

    During 2023, Helena - West Helena's most frequently originated rate bucket was Over 8%, with 35 originations.

    Loan Sizing (Helena-West Helena, AR MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 69 $3,665,000 $53,116
    $100k-200k 23 $3,335,000 $145,000
    $200k-400k 8 $2,200,000 $275,000
    $400k-600k 1 $455,000 $455,000

    Helena - West Helena's loan sizing saw the bucket of loans from $100,000 or less with 69 originations, totaling $3,665,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 53 $6,265,000 $118,208
    60-80% 17 $1,045,000 $61,471
    20-40% 10 $340,000 $34,000
    40-60% 9 $625,000 $69,444
    Under 20% 2 $10,000 $5,000
    Over 100% 1 $75,000 $75,000

    Helena - West Helena's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 53 originations, totaling $6,265,000 in origination value.