Jackson Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Jackson averaged 5.97% for the week of 2023-11-30, compared to the national average of 7.22% for the same period.

The average rate for the prior week (2023-11-22) was 6.14% and one month ago for the week of 2023-10-26, the average rate was 6.34%.

Jackson's average rate one year ago was 5.43%.

For refis of the same type during the week of 2023-11-30, the average rate was 5.66%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-30 7.22%
Jackson 30 Year Fixed Rate 2023-11-30 5.97%
Jackson 30 Year Fixed Rate Refi 2023-11-30 5.66%
Jackson 15 Year Fixed Rate 2023-11-30 6.36%
Jackson 15 Year Fixed Rate Refi 2023-11-30 6.76%
Jackson 30 Year FHA 2023-11-30 7.15%
Jackson 30 Year FHA Refi 2023-11-30 7.05%
Jackson 30 Year USDA 2023-11-30 7.2%
Jackson 30 Year USDA Refi 2023-11-30 7%
Jackson 30 Year VA 2023-11-30 6.57%
Jackson 30 Year VA Refi 2023-11-30 6.57%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Jackson, WY-ID.

Jackson 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 Jackson, WY-ID 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
First Republic Bank 155 3.18% $6,912
U.S. Bank 42 3.90% $11,675
Zions Bank 41 4.17% $4,801
CROSSCOUNTRY MORTGAGE, LLC 38 4.31% $8,771
GUILD MORTGAGE COMPANY 38 4.50% $6,364
Wells Fargo Bank 34 3.28% $12,517
Morgan Stanley Private Bank 27 3.45% $8,075
First Western Trust Bank 24 4.06% $6,385
First Interstate Bank 23 4.53% $6,076
IDAHO CENTRAL 23 3.87% $8,589
QUICKEN LOANS, LLC 19 4.67% $13,003
JPMorgan Chase Bank 17 2.98% $13,247
GUARANTEED RATE, INC. 16 3.17% $4,664
Bank of America 12 3.46% $11,103
KeyBank 8 4.69% $10,804
Charles Schwab Bank, SSB 8 3.03% $6,325
UBS Bank USA 8 3.50% $12,788
UNITED WHOLESALE MORTGAGE, LLC 7 4.45% $13,765
BNY Mellon 6 3.27% $7,878
Goldman Sachs Bank USA 5 3.79% $11,644
Flagstar Bank, FSB 5 4.08% $10,339
Truist 5 4.59% $7,318
Citibank 5 3.53% $8,320
NBH Bank 4 6.31% $4,839
Glacier Bank 4 3.78% $6,389
PNC Bank 4 3.16% $7,637
City National Bank 4 4.11% $5,551
Meridian Trust Federal Credit Union 3 4.62% $7,228
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.63% $7,861
HOME POINT FINANCIAL CORPORATION 3 4.92% $7,726
Barrington Bank & Trust Company, N.A. 2 5.88% $14,102
Paramount Bank 2 5.50% $11,249
Bank of the West 2 4.81% $7,925
MUTUAL OF OMAHA MORTGAGE, INC. 2 5.81% $9,405
BROKER SOLUTIONS, INC. 2 5.12% $5,664
EMBRACE HOME LOANS, INC. 2 3.81% $7,688
LOANDEPOT.COM, LLC 2 4.93% $17,254
IDAHO STATE UNIVERSITY 2 4.06% $8,458
CANOPY MORTGAGE, LLC 2 3.68% $8,983
CALIBER HOME LOANS, INC. 2 4.31% $10,475
FREEDOM MORTGAGE CORPORATION 2 3.44% $5,185
The Northern Trust Company 2 3.31% $13,322
Toyota Financial Savings Bank 1 5.75% $14,175
Umpqua Bank 1 4.13% $6,486
Washington Federal Bank 1 5.25% $5,581
Willamette Valley Bank 1 3.00% $9,143
WINGS FINANCIAL 1 2.88% $4,746
MOVEMENT MORTGAGE, LLC 1 6.99% $14,829
Bank of England 1 3.25% $6,587
Bank of Idaho 1 3.38% $5,406
BEEHIVE 1 3.25% $2,115
BETTER MORTGAGE CORPORATION 1 3.38% $4,742
BMO Harris Bank 1 1.75% $7,783
CARDINAL FINANCIAL 1 2.63% $8,451
Carrington Mortgage Services, LLC 1 3.50% $8,270
CENTENNIAL LENDING, LLC 1 5.63% $6,002
Citadel Servicing Corporation 1 6.50% $23,298
DEEPHAVEN MORTGAGE LLC 1 3.63% $20,104
Eagle Bank and Trust Company 1 4.25% $12,787
FIRST COLONY MORTGAGE CORPORATION 1 5.50% $11,866
FIRST COMMUNITY MORTGAGE, INC. 1 3.88% $8,803
First Federal Savings Bank of Twin Falls 1 4.88% $9,264
First Horizon Bank 1 4.88% $9,767
First Merchants Bank 1 2.38% $4,499
GSF Mortgage Corporation 1 5.88% $20,774
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.38% $12,286
HOMESIDE FINANCIAL, LLC 1 4.50% $25,253
HOMESTEAD FUNDING CORP. 1 3.25% $4,669
HSBC BANK USA, NATIONAL ASSOCIATION 1 3.64% $33,983
INTERCAP LENDING INC. 1 3.88% $7,226
MANN FINANCIAL INC. 1 3.50% $8,316
MOUNTAIN AMERICA 1 5.00% $11,786
Bank-Fund Staff Federal Credit Union 1 2.50% $6,216
Mr. Cooper ( Nationstar Mortgage ) 1 4.88% $9,495
M&T Bank 1 3.50% $5,543
NAVY FEDERAL CREDIT UNION 1 2.88% $5,182
NBKC BANK 1 2.88% $6,609
Network Funding, L.P. 1 6.38% $9,782
NEWREZ LLC 1 3.25% $6,844
Northwest Bank 1 4.50% $13,027
Northwest Farm Credit Services, FLCA 1 6.00% $22,230
Peapack-Gladstone Bank 1 2.50% $7,813
PENNYMAC LOAN SERVICES, LLC 1 4.50% $16,878
PENTAGON FEDERAL CREDIT UNION 1 3.00% $11,304
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.63% $11,340
S1L, Inc. 1 5.13% $9,603
SECURITYNATIONAL MORTGAGE COMPANY 1 6.00% $13,134
Stifel Bank and Trust 1 2.00% $6,238
The Federal Savings Bank 1 3.50% $8,411

Jackson Average Closing Costs & Other Stats

Jackson, WY-ID's 89 lenders originated 1,325 loans during 2022. The total origination value was $1,530,055,000, with an average loan value of $1,154,758.

Jackson's average closing costs are $6,415.

The top Jackson lender as defined by loan originations is First Republic Bank, with 155 loans originated. Their average total fees are $6,912, which is $4,763 lower than the next largest lender, U.S. Bank.

The lowest fee Jackson lenders (with over 10 loans originated) are GUARANTEED RATE, INC. ($4,664), Zions Bank ($4,801), First Interstate Bank ($6,076), GUILD MORTGAGE COMPANY ($6,364) and First Western Trust Bank ($6,385).

The lowest rate Jackson lenders (with over 10 loans originated) are JPMorgan Chase Bank (2.98%), GUARANTEED RATE, INC. (3.17%), First Republic Bank (3.18%), Wells Fargo Bank (3.28%) and Morgan Stanley Private Bank (3.45%).

Jackson, WY-ID 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
First Republic Bank $340,710,000 $402,455,000 18.1% 26.3%
Bank of America $88,110,000 $82,060,000 -6.9% 5.4%
Wells Fargo Bank $115,485,000 $81,455,000 -29.5% 5.3%
JPMorgan Chase Bank $207,095,000 $77,435,000 -62.6% 5.1%
Morgan Stanley Private Bank $75,775,000 $67,955,000 -10.3% 4.4%
U.S. Bank $84,360,000 $58,230,000 -31.0% 3.8%
Zions Bancorporation, N.A. $69,900,000 $56,040,000 -19.8% 3.7%
UBS Bank USA $48,395,000 $49,630,000 2.6% 3.2%
First Interstate Bank $81,570,000 $43,840,000 -46.3% 2.9%
CROSSCOUNTRY MORTGAGE, LLC $1,895,000 $37,170,000 1,861.5% 2.4%
First Western Trust Bank $14,095,000 $33,755,000 139.5% 2.2%
GUILD MORTGAGE COMPANY $98,050,000 $25,515,000 -74.0% 1.7%
Citibank $68,820,000 $23,420,000 -66.0% 1.5%
IDAHO CENTRAL $29,440,000 $23,295,000 -20.9% 1.5%
Goldman Sachs Bank USA $28,790,000 $15,125,000 -47.5% 1.0%
BNY Mellon $16,675,000 $14,580,000 -12.6% 1.0%
KeyBank $22,740,000 $14,055,000 -38.2% 0.9%
GUARANTEED RATE, INC. $97,290,000 $12,610,000 -87.0% 0.8%
Meridian Trust Federal Credit Union $2,215,000 $12,575,000 467.7% 0.8%
QUICKEN LOANS, LLC $41,420,000 $11,575,000 -72.1% 0.8%
Charles Schwab Bank, SSB $33,040,000 $11,500,000 -65.2% 0.8%
Simmons Bank $10,685,000 n/a 0.7%
City National Bank $39,860,000 $9,995,000 -74.9% 0.7%
HSBC BANK USA, NATIONAL ASSOCIATION $2,810,000 $9,605,000 241.8% 0.6%
NBH Bank $8,905,000 n/a 0.6%
Bank of Colorado $275,000 $7,005,000 2,447.3% 0.5%
The Northern Trust Company $1,505,000 $6,900,000 358.5% 0.5%
Glacier Bank $4,095,000 $6,365,000 55.4% 0.4%
MOUNTAIN AMERICA $4,090,000 $5,905,000 44.4% 0.4%
Truist $19,915,000 $5,785,000 -71.0% 0.4%
Hinsdale Bank & Trust Company $5,495,000 $5,425,000 -1.3% 0.4%
PNC Bank $10,870,000 $5,425,000 -50.1% 0.4%
UNITED WHOLESALE MORTGAGE, LLC $11,550,000 $5,315,000 -54.0% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,525,000 $5,130,000 103.2% 0.3%
Vast Bank $5,005,000 n/a 0.3%
Toyota Financial Savings Bank $4,805,000 n/a 0.3%
Flagstar Bank, FSB $11,060,000 $4,290,000 -61.2% 0.3%
LIMA ONE CAPITAL, LLC $4,205,000 n/a 0.3%
Independent Bank $4,005,000 n/a 0.3%
Barrington Bank & Trust Company, N.A. $3,780,000 n/a 0.2%
TEMPLE VIEW CAPITAL FUNDING, LP $5,910,000 $3,635,000 -38.5% 0.2%
Bank of the West $8,440,000 $3,520,000 -58.3% 0.2%
Traditional Bank, Inc. $3,415,000 n/a 0.2%
Lake Forest Bank & Trust $3,405,000 n/a 0.2%
Citadel Servicing Corporation $3,270,000 n/a 0.2%
Midwest BankCentre $1,295,000 $3,205,000 147.5% 0.2%
WINGS FINANCIAL $2,805,000 n/a 0.2%
EMBRACE HOME LOANS, INC. $2,740,000 n/a 0.2%
First Horizon Bank $1,125,000 $2,645,000 135.1% 0.2%
Stifel Bank and Trust $2,795,000 $2,475,000 -11.4% 0.2%
Old National Bank $2,405,000 n/a 0.2%
CMG MORTGAGE, INC. $2,275,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $9,450,000 $2,185,000 -76.9% 0.1%
Northwest Farm Credit Services, FLCA $1,055,000 $2,105,000 99.5% 0.1%
BMO Harris Bank $7,905,000 $2,005,000 -74.6% 0.1%
The Bank of Commerce $5,965,000 $2,005,000 -66.4% 0.1%
Hometown Equity Mortgage, LLC $1,755,000 n/a 0.1%
FIRST COLONY MORTGAGE CORPORATION $305,000 $1,725,000 465.6% 0.1%
CALIBER HOME LOANS, INC. $1,455,000 $1,705,000 17.2% 0.1%
The Federal Savings Bank $1,700,000 n/a 0.1%
HOME POINT FINANCIAL CORPORATION $1,595,000 $1,630,000 2.2% 0.1%
INTERCAP LENDING INC. $1,260,000 $1,625,000 29.0% 0.1%
LOANDEPOT.COM, LLC $16,625,000 $1,615,000 -90.3% 0.1%
Carrington Mortgage Services, LLC $685,000 $1,455,000 112.4% 0.1%
DEEPHAVEN MORTGAGE LLC $1,455,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $1,445,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $385,000 $1,425,000 270.1% 0.1%
BEEHIVE $4,520,000 $1,395,000 -69.1% 0.1%
First Merchants Bank $1,355,000 n/a 0.1%
CANOPY MORTGAGE, LLC $1,400,000 $1,350,000 -3.6% 0.1%
S1L, Inc. $215,000 $1,345,000 525.6% 0.1%
Bank-Fund Staff Federal Credit Union $1,335,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $1,285,000 n/a 0.1%
SUMMIT FUNDING, INC. $5,155,000 $1,270,000 -75.4% 0.1%
Paramount Bank $1,240,000 n/a 0.1%
BROKER SOLUTIONS, INC. $2,400,000 $1,220,000 -49.2% 0.1%
Northwest Bank $1,165,000 n/a 0.1%
FREEDOM MORTGAGE CORPORATION $5,750,000 $1,070,000 -81.4% 0.1%
Jefferson Bank $1,045,000 n/a 0.1%
Bank of Idaho $4,440,000 $1,040,000 -76.6% 0.1%
Mr. Cooper ( Nationstar Mortgage ) $4,105,000 $1,015,000 -75.3% 0.1%
ATHAS CAPITAL GROUP, INC. $1,005,000 n/a 0.1%
M&T Bank $805,000 $990,000 23.0% 0.1%
Eagle Bank and Trust Company $3,170,000 $975,000 -69.2% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $975,000 n/a 0.1%
MANN FINANCIAL INC. $1,715,000 $975,000 -43.1% 0.1%
Bank of England $945,000 n/a 0.1%
D. L. Evans Bank $1,420,000 $895,000 -37.0% 0.1%
NAVY FEDERAL CREDIT UNION $3,095,000 $880,000 -71.6% 0.1%
HOMESTEAD FUNDING CORP. $435,000 $860,000 97.7% 0.1%
PENNYMAC LOAN SERVICES, LLC $3,740,000 $835,000 -77.7% 0.1%
SOUTHWEST STAGE FUNDING, LLC $445,000 $780,000 75.3% 0.1%
NEWREZ LLC $3,585,000 $755,000 -78.9% 0.0%
AMERICAN ADVISORS GROUP $1,220,000 $725,000 -40.6% 0.0%
Mortgage Research Center, LLC $1,430,000 $725,000 -49.3% 0.0%
MOVEMENT MORTGAGE, LLC $4,410,000 $705,000 -84.0% 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $2,565,000 $660,000 -74.3% 0.0%
Peapack-Gladstone Bank $655,000 n/a 0.0%
NBKC BANK $1,050,000 $645,000 -38.6% 0.0%
Umpqua Bank $3,425,000 $645,000 -81.2% 0.0%
Bethpage Federal Credit Union $620,000 n/a 0.0%
AMERISAVE MORTGAGE CORPORATION $8,380,000 $590,000 -93.0% 0.0%
Willamette Valley Bank $575,000 n/a 0.0%
Farmers & Merchants Savings Bank $545,000 n/a 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $390,000 $535,000 37.2% 0.0%
GSF Mortgage Corporation $525,000 n/a 0.0%
IDAHO STATE UNIVERSITY $315,000 $520,000 65.1% 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $2,290,000 $445,000 -80.6% 0.0%
Nations Lending Corporation $975,000 $405,000 -58.5% 0.0%
21ST MORTGAGE CORPORATION $680,000 $380,000 -44.1% 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,385,000 $375,000 -88.9% 0.0%
Citizens Alliance Bank $365,000 n/a 0.0%
First Federal Savings Bank of Twin Falls $185,000 $365,000 97.3% 0.0%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $355,000 n/a 0.0%
ACADEMY MORTGAGE CORPORATION $640,000 $335,000 -47.7% 0.0%
First National Bank of America $335,000 n/a 0.0%
EAST IDAHO Credit Union $520,000 $295,000 -43.3% 0.0%
Wyoming Bank & Trust $295,000 n/a 0.0%
CONNECTIONS $275,000 n/a 0.0%
Network Funding, L.P. $255,000 n/a 0.0%
CENTENNIAL LENDING, LLC $245,000 n/a 0.0%
Watermark Capital, Inc. $245,000 n/a 0.0%
Deseret First Credit Union $690,000 $235,000 -65.9% 0.0%
Figure Lending LLC $65,000 $210,000 223.1% 0.0%
WESTMARK Credit Union $980,000 $210,000 -78.6% 0.0%
BankPlus $155,000 $205,000 32.3% 0.0%
Discover Bank $105,000 $205,000 95.2% 0.0%
Southwest Airlines Federal Credit Union $205,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $580,000 $195,000 -66.4% 0.0%
Washington Federal Bank $215,000 $195,000 -9.3% 0.0%
VERITAS FUNDING, LLC $275,000 $175,000 -36.4% 0.0%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,330,000 $145,000 -89.1% 0.0%
Utah Power $85,000 n/a 0.0%
Banner Bank $75,000 n/a 0.0%
SPOKANE TEACHERS $55,000 n/a 0.0%
AMERICA FIRST $805,000 $25,000 -96.9% 0.0%

Jackson's top lender by overall market share is First Republic Bank, with 26.3% market share. In second place, with 5.4%, is Bank of America, having originated $82,060,000 in loans. In third place, with 5.3%, is Wells Fargo Bank, having originated $81,455,000 in loans. In fourth place, with 5.1%, is JPMorgan Chase Bank, having originated $77,435,000 in loans. In fifth place, with 4.4%, is Morgan Stanley Private Bank, having originated $67,955,000 in loans.

Jackson, WY-ID Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 538 $750,350,000 $1,394,703
Cash Out Refi 260 $252,990,000 $973,038
Refi 251 $252,785,000 $1,007,112
Other 171 $236,635,000 $1,383,830
Home Improvement 105 $37,295,000 $355,190

Jackson's most frequently cited loan purpose was Home Purchase, with 538 originations. The 2nd most popular reason was Cash Out Refi, with 260 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 370 $400,730,000 $1,083,054
4-5% 280 $294,500,000 $1,051,786
2.5-3% 182 $321,850,000 $1,768,407
5-6% 138 $86,100,000 $623,913
<2.5% 132 $204,220,000 $1,547,121
6-7% 64 $36,930,000 $577,031
7-8% 24 $15,950,000 $664,583
Over 8% 12 $2,580,000 $215,000

During 2022, Jackson's most frequently originated rate bucket was 3-4%, with 370 originations.

Loan Sizing (Jackson, WY-ID MSA)

Loan Size Originations Total Value Average Loan
$Over $1MM 383 $1,139,325,000 $2,974,739
$200k-400k 310 $92,270,000 $297,645
$600k-1000k 223 $172,085,000 $771,682
$400k-600k 221 $106,465,000 $481,742
$100k-200k 109 $15,045,000 $138,028
$100,000 or less 79 $4,865,000 $61,582

Jackson's loan sizing saw the bucket of loans from $Over $1MM with 383 originations, totaling $1,139,325,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 291 $495,295,000 $1,702,045
20-40% 250 $227,440,000 $909,760
40-60% 247 $401,205,000 $1,624,312
Under 20% 245 $73,385,000 $299,531
80-100% 167 $164,745,000 $986,497

Jackson's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 291 originations, totaling $495,295,000 in origination value.