Huron Mortgage Rates

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

30 Year Fixed Rate mortgages in Huron averaged 5.83% 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 6.04% and one month ago for the week of 2022-05-26, the average rate was 5.13%.

Huron's average rate one year ago was 3.08%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.86%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Huron 30 Year Fixed Rate 2022-06-30 5.83%
Huron 30 Year Fixed Rate Refi 2022-06-30 5.86%
Huron 15 Year Fixed Rate 2022-06-30 6.83%
Huron 15 Year Fixed Rate Refi 2022-06-30 4.59%
Huron 30 Year FHA 2022-06-30 5.55%
Huron 30 Year FHA Refi 2022-06-30 5.62%
Huron 30 Year USDA 2022-06-30 5.23%
Huron 30 Year USDA Refi 2022-06-30 3.47%
Huron 30 Year VA 2022-06-30 5.47%
Huron 30 Year VA Refi 2022-06-30 5.75%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Huron, SD.

Huron 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 Huron, SD 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
American Bank & Trust 38 2.91% $3,335
First National Bank 19 2.91% $3,441
QUICKEN LOANS, LLC 10 3.17% $4,863
Plains Commerce Bank 4 3.34% $5,446
Wells Fargo Bank 3 3.08% $2,650
BANKWEST, INC. 3 3.00% $3,974
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.24% $2,650
First Bank & Trust 2 2.75% $5,581
CORTRUST MORTGAGE, INC. 2 2.81% $3,708
First National Bank of Omaha 2 3.38% $2,844
First PREMIER Bank 2 2.63% $2,322
First International Bank & Trust 1 2.63% $3,464
JPMorgan Chase Bank 1 3.13% $5,905
Mr. Cooper ( Nationstar Mortgage ) 1 3.13% $5,566
NBKC BANK 1 3.50% $2,164
BLACK HILLS FEDERAL CREDIT UNION 1 2.99% $4,957
Arvest Bank 1 3.63% $3,134
Reliabank Dakota 1 3.25% $3,190
Truist Bank 1 3.38% $3,011
Dacotah Bank 1 3.15% $4,627
CROSSCOUNTRY MORTGAGE, LLC 1 3.50% $5,411
AMERISAVE MORTGAGE CORPORATION 1 2.63% $5,293
Farm Credit Mid-America, ACA 1 3.65% $11,995
First Dakota National Bank 1 2.88% $2,994

Huron, SD's 24 lenders originated 277 loans during 2021. The total origination value was $59,845,000, with an average loan value of $216,047.

The top Huron lender as defined by loan originations is American Bank & Trust, with 38 loans originated. Their average total fees are $3,335, which is $106 lower than the next largest lender, First National Bank.

The lowest fee Huron lenders (with over 10 loans originated) are American Bank & Trust ($3,335), First National Bank ($3,441), QUICKEN LOANS, LLC ($4,863), .

The lowest rate Huron lenders (with over 10 loans originated) are First National Bank (2.91%), American Bank & Trust (2.91%), QUICKEN LOANS, LLC (3.17%), .

Huron, SD 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
American Bank & Trust $21,945,000 $13,780,000 -37.2% 23.0%
Bell Bank $10,080,000 n/a 16.8%
First National Bank $9,555,000 $9,395,000 -1.7% 15.7%
Plains Commerce Bank $700,000 $3,435,000 390.7% 5.7%
QUICKEN LOANS, LLC $4,160,000 $3,170,000 -23.8% 5.3%
Choice Financial Group $2,005,000 n/a 3.4%
Wells Fargo Bank $1,870,000 $1,450,000 -22.5% 2.4%
Mortgage Research Center, LLC $1,615,000 $1,330,000 -17.6% 2.2%
First PREMIER Bank $1,620,000 $960,000 -40.7% 1.6%
BANKWEST, INC. $2,140,000 $950,000 -55.6% 1.6%
FREEDOM MORTGAGE CORPORATION $925,000 n/a 1.5%
PENNYMAC LOAN SERVICES, LLC $260,000 $860,000 230.8% 1.4%
First Bank & Trust $65,000 $725,000 1,015.4% 1.2%
CORTRUST MORTGAGE, INC. $285,000 $635,000 122.8% 1.1%
Farm Credit Mid-America, ACA $575,000 $585,000 1.7% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $105,000 $575,000 447.6% 1.0%
First National Bank of Omaha $730,000 $575,000 -21.2% 1.0%
GUARANTEED RATE, INC. $125,000 $570,000 356.0% 1.0%
LOANDEPOT.COM, LLC $205,000 $485,000 136.6% 0.8%
CALIBER HOME LOANS, INC. $275,000 $440,000 60.0% 0.7%
AMERISAVE MORTGAGE CORPORATION $435,000 n/a 0.7%
Servion, Inc. $205,000 $420,000 104.9% 0.7%
GUILD MORTGAGE COMPANY $175,000 $400,000 128.6% 0.7%
CU MORTGAGE DIRECT, LLC $1,295,000 $385,000 -70.3% 0.6%
LAKEVIEW LOAN SERVICING, LLC $175,000 $365,000 108.6% 0.6%
CROSSCOUNTRY MORTGAGE, LLC $465,000 $350,000 -24.7% 0.6%
USAA Federal Savings Bank $305,000 $350,000 14.8% 0.6%
Flanagan State Bank $360,000 $330,000 -8.3% 0.6%
NBKC BANK $295,000 n/a 0.5%
Reliabank Dakota $245,000 n/a 0.4%
The Federal Savings Bank $505,000 $245,000 -51.5% 0.4%
First Dakota National Bank $1,435,000 $235,000 -83.6% 0.4%
BLACK HILLS FEDERAL CREDIT UNION $185,000 $215,000 16.2% 0.4%
First Guaranty Mortgage Corporation $215,000 n/a 0.4%
Dacotah Bank $315,000 $205,000 -34.9% 0.3%
NEW DAY FINANCIAL, LLC $175,000 n/a 0.3%
Mr. Cooper ( Nationstar Mortgage ) $115,000 $165,000 43.5% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $165,000 n/a 0.3%
Manufacturers and Traders Trust Company $155,000 n/a 0.3%
U.S. Bank $320,000 $150,000 -53.1% 0.3%
First International Bank & Trust $145,000 n/a 0.2%
PLAZA HOME MORTGAGE, INC. $145,000 n/a 0.2%
Arvest Bank $135,000 n/a 0.2%
Great Western Bank $35,000 $130,000 271.4% 0.2%
Truist Bank $95,000 $125,000 31.6% 0.2%
AMERICAN ADVISORS GROUP $130,000 $115,000 -11.5% 0.2%
CMG MORTGAGE, INC. $105,000 n/a 0.2%
Flagstar Bank, FSB $345,000 $105,000 -69.6% 0.2%
NAVY FEDERAL CREDIT UNION $195,000 $105,000 -46.2% 0.2%
Bank of the West $660,000 $100,000 -84.8% 0.2%
JPMorgan Chase Bank $55,000 $75,000 36.4% 0.1%
Lend Smart Mortgage, LLC $75,000 n/a 0.1%
Discover Bank $55,000 n/a 0.1%

Huron's top lender by overall market share is American Bank & Trust, with 23.0% market share. In second place, with 16.8%, is Bell Bank, having originated $10,080,000 in loans. In third place, with 15.7%, is First National Bank, having originated $9,395,000 in loans. In third place, with 5.7%, is Plains Commerce Bank, having originated $3,435,000 in loans. In third place, with 5.3%, is QUICKEN LOANS, LLC, having originated $3,170,000 in loans.


Huron, SD Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 148 $37,550,000 $253,716
Refi 73 $13,765,000 $188,562
Cash Out Refi 48 $7,670,000 $159,792
Other 5 $505,000 $101,000
Home Improvement 3 $355,000 $118,333

Huron's most frequently cited loan purpose was Home Purchase, with 148 originations. The 2nd most popular reason was Refi, with 73 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 103 $16,225,000 $157,524
3-4% 82 $27,400,000 $334,146
<2.5% 78 $14,470,000 $185,513
4-5% 13 $1,695,000 $130,385
5-6% 1 $55,000 $55,000

During 2021, Huron's most frequently originated rate bucket was 2.5-3%, with 103 originations.

Loan Sizing (Huron, SD MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 126 $18,530,000 $147,063
$200k-400k 76 $20,320,000 $267,368
$100,000 or less 63 $4,095,000 $65,000
$400k-600k 8 $3,780,000 $472,500
$600k-1000k 2 $1,510,000 $755,000
$Over $1MM 2 $11,610,000 $5,805,000

Huron's loan sizing saw the bucket of loans from $100k-200k with 126 originations, totaling $18,530,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 139 $35,805,000 $257,590
60-80% 84 $16,800,000 $200,000
40-60% 27 $3,415,000 $126,481
Over 100% 10 $2,080,000 $208,000
20-40% 6 $530,000 $88,333
Under 20% 3 $25,000 $8,333

Huron's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 139 originations, totaling $35,805,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Huron (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 $149,900 (3.4%) $185,160 (15.4%) 0.00 92
2018-02-01 $150,000 (9.1%) $190,219 (21.7%) 0.00 88
2018-03-01 $174,900 (18.6%) $194,768 (23.0%) 0.00 94
2018-04-01 $179,900 (24.1%) $193,486 (23.6%) 0.00 103
2018-05-01 $179,000 (19.4%) $191,301 (14.9%) 0.00 111
2018-06-01 $169,900 (12.2%) $189,146 (6.6%) 0.00 119
2018-07-01 $166,000 (4.4%) $183,188 (3.3%) 0.00 127
2018-08-01 $159,900 (-0.1%) $180,649 (-3.4%) 0.00 128
2018-09-01 $159,900 (1.9%) $177,979 (-2.9%) 0.00 129
2018-10-01 $159,000 (6.4%) $174,404 (-4.4%) 0.00 117
2018-11-01 $163,200 (12.6%) $176,256 (-1.9%) 0.00 109
2018-12-01 $159,900 (14.3%) $174,077 (-3.5%) 0.00 106
2019-01-01 $159,000 (6.1%) $171,221 (-7.5%) 0.00 97
2019-02-01 $155,000 (3.3%) $167,227 (-12.1%) 0.00 97
2019-03-01 $153,800 (-12.1%) $169,706 (-12.9%) 0.00 94
2019-04-01 $159,450 (-11.4%) $175,963 (-9.1%) 0.00 92
2019-05-01 $161,850 (-9.6%) $173,240 (-9.4%) 0.00 96
2019-06-01 $159,000 (-6.4%) $175,799 (-7.1%) 0.00 98
2019-07-01 $159,000 (-4.2%) $170,405 (-7.0%) 0.00 100
2019-08-01 $152,814 (-4.4%) $173,125 (-4.2%) 0.00 109
2019-09-01 $149,900 (-6.3%) $180,738 (1.6%) 0.00 102
2019-10-01 $157,000 (-1.3%) $179,434 (2.9%) 0.00 114
2019-11-01 $157,500 (-3.5%) $176,823 (0.3%) 0.00 105
2019-12-01 $155,950 (-2.5%) $178,487 (2.5%) 0.00 100
2020-01-01 $154,900 (-2.6%) $169,128 (-1.2%) 0.00 98
2020-02-01 $159,000 (2.6%) $172,888 (3.4%) 0.00 102
2020-03-01 $159,500 (3.7%) $179,573 (5.8%) 0.00 97
2020-04-01 $157,450 (-1.3%) $181,111 (2.9%) 0.00 90
2020-05-01 $159,900 (-1.2%) $173,596 (0.2%) 0.00 95
2020-06-01 $159,450 (0.3%) $166,829 (-5.1%) 0.00 92
2020-07-01 $159,900 (0.6%) $165,404 (-2.9%) 0.00 78
2020-08-01 $159,000 (4.1%) $172,021 (-0.6%) 0.00 77
2020-09-01 $164,950 (10.0%) $175,950 (-2.7%) 0.00 75
2020-10-01 $152,000 (-3.2%) $168,983 (-5.8%) 0.00 72
2020-11-01 $143,835 (-8.7%) $154,405 (-12.7%) 0.00 75
2020-12-01 $147,900 (-5.2%) $158,944 (-11.0%) 0.00 68
2021-01-01 $148,000 (-4.5%) $162,916 (-3.7%) 0.00 59
2021-02-01 $148,000 (-6.9%) $169,984 (-1.7%) 0.00 53
2021-03-01 $154,900 (-2.9%) $184,889 (3.0%) 0.00 52
2021-04-01 $154,900 (-1.6%) $223,860 (23.6%) 0.00 54
2021-05-01 $179,900 (12.5%) $237,630 (36.9%) 0.00 47
2021-06-01 $189,450 (18.8%) $252,009 (51.1%) 0.00 41
2021-07-01 $202,450 (26.6%) $279,119 (68.8%) 0.00 35
2021-08-01 $179,900 (13.1%) $250,113 (45.4%) 0.00 38
2021-09-01 $181,900 (10.3%) $252,062 (43.3%) 0.00 41
2021-10-01 $176,000 (15.8%) $243,608 (44.2%) 0.00 44
2021-11-01 $162,875 (13.2%) $239,561 (55.2%) 0.00 45
2021-12-01 $162,950 (10.2%) $237,919 (49.7%) 0.00 42
2022-01-01 $157,500 (6.4%) $241,525 (48.3%) 0.00 35
2022-02-01 $176,450 (19.2%) $228,725 (34.6%) 0.00 32
2022-03-01 $156,700 (1.2%) $213,882 (15.7%) 0.00 27
2022-04-01 $179,000 (15.6%) $250,943 (12.1%) 0.00 22
2022-05-01 $182,000 (1.2%) $269,878 (13.6%) 0.00 26
2022-06-01 $196,500 (3.7%) $306,930 (21.8%) 0.00 27
Huron's median listing price for 2022-06-01 was $196,500, a difference of $7,050 (3.7%) versus the prior year and $14,500 versus the prior month.

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

Huron's average listing price for 2022-06-01 was $306,930, a difference of $54,921 (21.8%) versus the prior year and $37,052 versus the prior month.

For the 2022-06-01 period, Huron had 27 MLS listings, a difference of 1 listings (4%) versus the prior month and -14 listings (-34%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Huron (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,142 sqft
2018-02-01 0 days 2,206 sqft
2018-03-01 0 days 2,206 sqft
2018-04-01 0 days 2,272 sqft
2018-05-01 0 days 2,176 sqft
2018-06-01 0 days 2,176 sqft
2018-07-01 0 days 2,199 sqft
2018-08-01 0 days 2,176 sqft
2018-09-01 0 days 2,176 sqft
2018-10-01 0 days 2,176 sqft
2018-11-01 0 days 2,176 sqft
2018-12-01 0 days 2,136 sqft
2019-01-01 0 days 2,136 sqft
2019-02-01 0 days 2,135 sqft
2019-03-01 0 days 2,153 sqft
2019-04-01 0 days 2,176 sqft
2019-05-01 0 days 2,156 sqft
2019-06-01 0 days 2,135 sqft
2019-07-01 0 days 2,176 sqft
2019-08-01 0 days 2,082 sqft
2019-09-01 0 days 2,084 sqft
2019-10-01 0 days 2,060 sqft
2019-11-01 0 days 2,076 sqft
2019-12-01 0 days 2,082 sqft
2020-01-01 0 days 2,064 sqft
2020-02-01 0 days 2,076 sqft
2020-03-01 0 days 2,080 sqft
2020-04-01 0 days 2,149 sqft
2020-05-01 0 days 2,160 sqft
2020-06-01 0 days 2,096 sqft
2020-07-01 0 days 2,112 sqft
2020-08-01 0 days 2,138 sqft
2020-09-01 0 days 2,176 sqft
2020-10-01 0 days 2,138 sqft
2020-11-01 0 days 2,135 sqft
2020-12-01 0 days 2,137 sqft
2021-01-01 0 days 2,020 sqft
2021-02-01 0 days 1,976 sqft
2021-03-01 0 days 2,012 sqft
2021-04-01 0 days 2,116 sqft
2021-05-01 0 days 2,194 sqft
2021-06-01 0 days 2,304 sqft
2021-07-01 0 days 2,561 sqft
2021-08-01 0 days 2,256 sqft
2021-09-01 0 days 2,258 sqft
2021-10-01 0 days 2,216 sqft
2021-11-01 0 days 2,032 sqft
2021-12-01 0 days 1,986 sqft
2022-01-01 0 days 1,968 sqft
2022-02-01 0 days 1,986 sqft
2022-03-01 0 days 1,992 sqft
2022-04-01 0 days 1,827 sqft
2022-05-01 0 days 1,640 sqft
2022-06-01 0 days 1,898 sqft
Huron's median listing age (time on market) for 2022-06-01 was 0 days.

Huron's median square footage for active listings during the 2022-06-01 period was 1,898 sqft. One year prior, the average listing was 2,304 sqft.