Helena - West Helena Mortgage Rates
30 Year Fixed Rate mortgages in Helena - West Helena averaged
6.93%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
7.04% and
one month ago for the week of 2022-05-26, the
average rate was 6.03%.
Helena - West Helena's average rate one year ago was 3.19%.
For refis of the same type during the week of 2022-06-30, the average rate
was 6.2%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
Helena - West Helena 30 Year Fixed Rate | 2022-06-30 | 6.93% |
Helena - West Helena 30 Year Fixed Rate Refi | 2022-06-30 | 6.2% |
Helena - West Helena 15 Year Fixed Rate | 2022-06-30 | 2.84% |
Helena - West Helena 15 Year Fixed Rate Refi | 2022-06-30 | 2.7% |
Helena - West Helena 30 Year FHA | 2022-06-30 | 5.72% |
Helena - West Helena 30 Year FHA Refi | 2022-06-30 | 5.57% |
Helena - West Helena 30 Year USDA | 2022-06-30 | 5.72% |
Helena - West Helena 30 Year VA | 2022-06-30 | 3.61% |
Helena - West Helena 30 Year VA Refi | 2022-06-30 | 5.46% |
Helena - West Helena 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 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. Total Fees |
---|---|---|---|
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, 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.
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 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 |
---|---|---|---|---|
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 third place, with 6.5%, is Centennial Bank, having originated $885,000 in loans. In third place, with 4.5%, is FirstTrust Home Loans, Inc., having originated $620,000 in loans.
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.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Helena - West Helena (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 | $49,500 (-34.0%) | $65,865 (-19.1%) | 0.00 | 17 |
2018-02-01 | $45,000 (-23.6%) | $63,482 (-14.5%) | 0.00 | 17 |
2018-03-01 | $39,900 (-38.6%) | $51,518 (-30.6%) | 0.00 | 19 |
2018-04-01 | $52,560 (-9.4%) | $50,923 (-40.4%) | 0.00 | 19 |
2018-05-01 | $52,560 (-33.5%) | $48,568 (-53.5%) | 0.00 | 17 |
2018-06-01 | $50,000 (-50.0%) | $51,647 (-55.7%) | 0.00 | 16 |
2018-07-01 | $45,000 (-43.0%) | $49,235 (-51.5%) | 0.00 | 19 |
2018-08-01 | $27,450 (-57.1%) | $39,611 (-54.5%) | 0.00 | 21 |
2018-09-01 | $25,000 (-58.3%) | $33,098 (-55.9%) | 0.00 | 19 |
2018-10-01 | $25,000 (-49.9%) | $29,222 (-55.2%) | 0.00 | 15 |
2018-11-01 | $24,900 (-54.7%) | $38,747 (-38.0%) | 0.00 | 14 |
2018-12-01 | $40,000 (-19.2%) | $54,810 (-5.4%) | 0.00 | 15 |
2019-01-01 | $20,000 (-59.6%) | $48,669 (-26.1%) | 0.00 | 16 |
2019-02-01 | $40,000 (-11.1%) | $50,734 (-20.1%) | 0.00 | 14 |
2019-03-01 | $48,571 (21.7%) | $58,639 (13.8%) | 0.00 | 14 |
2019-04-01 | $59,900 (14.0%) | $67,434 (32.4%) | 0.00 | 18 |
2019-05-01 | $51,960 (-1.1%) | $96,440 (98.6%) | 0.00 | 15 |
2019-06-01 | $49,900 (-0.2%) | $89,535 (73.4%) | 0.00 | 14 |
2019-07-01 | $49,900 (10.9%) | $92,334 (87.5%) | 0.00 | 12 |
2019-08-01 | $59,571 (117.0%) | $103,936 (162.4%) | 0.00 | 13 |
2019-09-01 | $59,571 (138.3%) | $103,879 (213.9%) | 0.00 | 12 |
2019-10-01 | $65,000 (160.0%) | $128,928 (341.2%) | 0.00 | 12 |
2019-11-01 | $59,000 (137.0%) | $56,172 (45.0%) | 0.00 | 16 |
2019-12-01 | $62,500 (56.3%) | $60,979 (11.3%) | 0.00 | 14 |
2020-01-01 | $61,250 (206.3%) | $64,665 (32.9%) | 0.00 | 14 |
2020-02-01 | $58,900 (47.3%) | $115,578 (127.8%) | 0.00 | 15 |
2020-03-01 | $53,950 (11.1%) | $72,316 (23.3%) | 0.00 | 13 |
2020-04-01 | $79,000 (31.9%) | $118,704 (76.0%) | 0.00 | 12 |
2020-05-01 | $79,000 (52.0%) | $124,700 (29.3%) | 0.00 | 9 |
2020-06-01 | $79,000 (58.3%) | $117,221 (30.9%) | 0.00 | 11 |
2020-07-01 | $45,000 (-9.8%) | $89,678 (-2.9%) | 0.00 | 17 |
2020-08-01 | $30,000 (-49.6%) | $55,868 (-46.3%) | 0.00 | 22 |
2020-09-01 | $59,000 (-1.0%) | $59,659 (-42.6%) | 0.00 | 25 |
2020-10-01 | $30,000 (-53.9%) | $55,673 (-56.8%) | 0.00 | 23 |
2020-11-01 | $42,000 (-28.8%) | $60,528 (7.8%) | 0.00 | 23 |
2020-12-01 | $50,200 (-19.7%) | $60,323 (-1.1%) | 0.00 | 21 |
2021-01-01 | $54,900 (-10.4%) | $61,548 (-4.8%) | 0.00 | 20 |
2021-02-01 | $45,200 (-23.3%) | $62,560 (-45.9%) | 0.00 | 19 |
2021-03-01 | $42,000 (-22.2%) | $68,013 (-6.0%) | 0.00 | 19 |
2021-04-01 | $38,000 (-51.9%) | $68,741 (-42.1%) | 0.00 | 17 |
2021-05-01 | $35,000 (-55.7%) | $79,895 (-35.9%) | 0.00 | 19 |
2021-06-01 | $30,000 (-62.0%) | $79,319 (-32.3%) | 0.00 | 18 |
2021-07-01 | $30,000 (-33.3%) | $85,368 (-4.8%) | 0.00 | 18 |
2021-08-01 | $30,000 (0.0%) | $88,787 (58.9%) | 0.00 | 18 |
2021-09-01 | $62,500 (5.9%) | $82,809 (38.8%) | 0.00 | 22 |
2021-10-01 | $59,900 (99.7%) | $78,756 (41.5%) | 0.00 | 33 |
2021-11-01 | $48,000 (14.3%) | $76,814 (26.9%) | 0.00 | 34 |
2021-12-01 | $55,000 (9.6%) | $95,230 (57.9%) | 0.00 | 32 |
2022-01-01 | $54,000 (-1.6%) | $92,521 (50.3%) | 0.00 | 33 |
2022-02-01 | $54,000 (19.5%) | $103,160 (64.9%) | 0.00 | 34 |
2022-03-01 | $54,000 (28.6%) | $105,270 (54.8%) | 0.00 | 29 |
2022-04-01 | $58,250 (53.3%) | $114,429 (66.5%) | 0.00 | 22 |
2022-05-01 | $54,000 (54.3%) | $96,787 (21.1%) | 0.00 | 22 |
2022-06-01 | $70,000 (133.3%) | $128,420 (61.9%) | 0.00 | 31 |
Helena - West Helena's median listing price comes in at 0% of the national average.
Helena - West Helena's average listing price for 2022-06-01 was $128,420, a difference of $49,101 (61.9%) versus the prior year and $31,633 versus the prior month.
For the 2022-06-01 period, Helena - West Helena had 31 MLS listings, a difference of 9 listings (41%) versus the prior month and 13 listings (72%) 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. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,868 sqft |
2018-02-01 | 0 days | 1,864 sqft |
2018-03-01 | 0 days | 1,824 sqft |
2018-04-01 | 0 days | 1,864 sqft |
2018-05-01 | 0 days | 1,864 sqft |
2018-06-01 | 0 days | 1,824 sqft |
2018-07-01 | 0 days | 1,790 sqft |
2018-08-01 | 0 days | 1,810 sqft |
2018-09-01 | 0 days | 1,711 sqft |
2018-10-01 | 0 days | 1,639 sqft |
2018-11-01 | 0 days | 1,713 sqft |
2018-12-01 | 0 days | 1,715 sqft |
2019-01-01 | 0 days | 1,715 sqft |
2019-02-01 | 0 days | 1,713 sqft |
2019-03-01 | 0 days | 1,778 sqft |
2019-04-01 | 0 days | 1,850 sqft |
2019-05-01 | 0 days | 1,801 sqft |
2019-06-01 | 0 days | 1,804 sqft |
2019-07-01 | 0 days | 1,774 sqft |
2019-08-01 | 0 days | 1,771 sqft |
2019-09-01 | 0 days | 1,824 sqft |
2019-10-01 | 0 days | 1,850 sqft |
2019-11-01 | 0 days | 1,772 sqft |
2019-12-01 | 0 days | 1,766 sqft |
2020-01-01 | 0 days | 1,772 sqft |
2020-02-01 | 0 days | 1,772 sqft |
2020-03-01 | 0 days | 1,975 sqft |
2020-04-01 | 0 days | 2,086 sqft |
2020-05-01 | 0 days | 2,337 sqft |
2020-06-01 | 0 days | 2,191 sqft |
2020-07-01 | 0 days | 1,827 sqft |
2020-08-01 | 0 days | 1,568 sqft |
2020-09-01 | 0 days | 1,653 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 | 1,564 sqft |
2021-02-01 | 0 days | 1,536 sqft |
2021-03-01 | 0 days | 1,508 sqft |
2021-04-01 | 0 days | 1,508 sqft |
2021-05-01 | 0 days | 1,457 sqft |
2021-06-01 | 0 days | 1,457 sqft |
2021-07-01 | 0 days | 1,483 sqft |
2021-08-01 | 0 days | 1,564 sqft |
2021-09-01 | 0 days | 1,508 sqft |
2021-10-01 | 0 days | 1,500 sqft |
2021-11-01 | 0 days | 1,500 sqft |
2021-12-01 | 0 days | 1,508 sqft |
2022-01-01 | 0 days | 1,508 sqft |
2022-02-01 | 0 days | 1,508 sqft |
2022-03-01 | 0 days | 1,508 sqft |
2022-04-01 | 0 days | 1,508 sqft |
2022-05-01 | 0 days | 1,508 sqft |
2022-06-01 | 0 days | 1,579 sqft |
Helena - West Helena's median square footage for active listings during the 2022-06-01 period was 1,579 sqft. One year prior, the average listing was 1,457 sqft.