Jamestown 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 Jamestown averaged 6.85% for the week of 2025-05-22, compared to the national average of 6.86% for the same period.

    The average rate for the prior week (2025-05-15) was 6.7% and one month ago for the week of 2025-04-17, the average rate was 6.52%.

    Jamestown's average rate one year ago was 6.71%.

    For refis of the same type during the week of 2025-05-22, the average rate was 6.96%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-05-22 6.86%
    Jamestown 30 Year Fixed Rate 2025-05-22 6.85%
    Jamestown 30 Year Fixed Rate Refi 2025-05-22 6.96%
    Jamestown 15 Year Fixed Rate 2025-05-22 6.01%
    Jamestown 15 Year Fixed Rate Refi 2025-05-22 5.91%
    Jamestown 30 Year FHA 2025-05-22 6.51%
    Jamestown 30 Year FHA Refi 2025-05-22 6.81%
    Jamestown 30 Year USDA 2025-05-22 6.23%
    Jamestown 30 Year USDA Refi 2025-05-22 6.63%
    Jamestown 30 Year VA 2025-05-22 6.32%
    Jamestown 30 Year VA Refi 2025-05-22 6.42%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Jamestown, ND.

    Jamestown 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 Jamestown, ND 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 30 6.78% $5,449
    FIRST COMMUNITY CREDIT UNION 27 6.47% $3,907
    Gate City Bank 22 5.97% $3,942
    LOANDEPOT.COM, LLC 4 6.56% $8,493
    QUICKEN LOANS, LLC 4 6.78% $5,061
    Dacotah Bank 3 7.33% $4,203
    UNITED WHOLESALE MORTGAGE, LLC 2 6.81% $5,258
    U.S. Bank 2 7.25% $4,896
    NEWREZ LLC 2 6.56% $4,595
    Bell Bank 1 5.88% $9,528
    West Gate Bank 1 6.50% $3,652
    Bremer Bank 1 6.63% $5,553
    Choice Financial Group 1 6.38% $3,531
    CORTRUST MORTGAGE, INC. 1 6.50% $5,767
    FIRST COLONY MORTGAGE CORPORATION 1 6.63% $6,305
    Mr. Cooper ( Nationstar Mortgage ) 1 6.63% $6,709
    Old National Bank 1 6.13% $2,936
    Plains Commerce Bank 1 5.88% $5,072
    Wells Fargo Bank 1 7.50% $3,792

    Jamestown Average Closing Costs & Other Stats

    Jamestown, ND's 19 lenders originated 351 loans during 2024. The total origination value was $62,425,000, with an average loan value of $177,849.

    Jamestown's average closing costs are $4,809.

    The top Jamestown lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 30 loans originated. Their average total fees are $5,449, which is $1,543 higher than the next largest lender, FIRST COMMUNITY CREDIT UNION.

    The lowest fee Jamestown lenders (with over 10 loans originated) are FIRST COMMUNITY CREDIT UNION ($3,907), Gate City Bank ($3,942), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($5,449), .

    The lowest rate Jamestown lenders (with over 10 loans originated) are Gate City Bank (5.97%), FIRST COMMUNITY CREDIT UNION (6.47%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.78%), .

    Jamestown, ND 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    Gate City Bank $7,505,000 $11,090,000 47.8% 17.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,470,000 $8,645,000 33.6% 13.8%
    FIRST COMMUNITY CREDIT UNION $12,370,000 $8,530,000 -31.0% 13.7%
    Arbor Realty Trust, Inc. $5,345,000 n/a 8.6%
    Unison Bank $10,475,000 $4,985,000 -52.4% 8.0%
    Bank Forward $1,350,000 $3,490,000 158.5% 5.6%
    AgCountry Farm Credit Services, FLCA $1,955,000 $2,160,000 10.5% 3.5%
    QUICKEN LOANS, LLC $2,165,000 $2,095,000 -3.2% 3.4%
    Dacotah Bank $875,000 $1,240,000 41.7% 2.0%
    LOANDEPOT.COM, LLC $105,000 $1,220,000 1,061.9% 2.0%
    Mortgage Research Center, LLC $1,290,000 $965,000 -25.2% 1.5%
    Midwest Bank $880,000 n/a 1.4%
    UNITED WHOLESALE MORTGAGE, LLC $835,000 $830,000 -0.6% 1.3%
    NEWREZ LLC $735,000 n/a 1.2%
    U.S. Bank $1,300,000 $645,000 -50.4% 1.0%
    FREEDOM MORTGAGE CORPORATION $450,000 n/a 0.7%
    Bell Bank $665,000 $365,000 -45.1% 0.6%
    USAA Federal Savings Bank $335,000 n/a 0.5%
    Choice Financial Group $135,000 $325,000 140.7% 0.5%
    FIRST COLONY MORTGAGE CORPORATION $315,000 n/a 0.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $315,000 n/a 0.5%
    Bremer Bank $5,150,000 $295,000 -94.3% 0.5%
    Wells Fargo Bank $280,000 $265,000 -5.4% 0.4%
    CORTRUST MORTGAGE, INC. $245,000 n/a 0.4%
    Old National Bank $225,000 n/a 0.4%
    Hometown Credit Union $45,000 $220,000 388.9% 0.4%
    PENNYMAC LOAN SERVICES, LLC $220,000 n/a 0.4%
    Century Mortgage Company DBA Century Lending Company $205,000 n/a 0.3%
    NAVY FEDERAL CREDIT UNION $115,000 $175,000 52.2% 0.3%
    West Gate Bank $155,000 n/a 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $145,000 n/a 0.2%
    Plains Commerce Bank $75,000 $125,000 66.7% 0.2%
    CAPITAL CREDIT UNION $380,000 $110,000 -71.1% 0.2%
    Sierra Pacific Mortgage Company, Inc. $95,000 n/a 0.2%
    Starion Bank $315,000 $95,000 -69.8% 0.2%
    Discover Bank $55,000 $90,000 63.6% 0.1%
    BNC National Bank $85,000 n/a 0.1%
    Figure Lending LLC $75,000 n/a 0.1%
    Bank of America $55,000 n/a 0.1%
    VISIONBank $55,000 n/a 0.1%
    The Huntington National Bank $115,000 $45,000 -60.9% 0.1%
    Deere Employees Credit Union $85,000 $35,000 -58.8% 0.1%

    Jamestown's top lender by overall market share is Gate City Bank, with 17.8% market share. In second place, with 13.8%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $8,645,000 in loans. In third place, with 13.7%, is FIRST COMMUNITY CREDIT UNION, having originated $8,530,000 in loans. In fourth place, with 8.6%, is Arbor Realty Trust, Inc., having originated $5,345,000 in loans. In fifth place, with 8.0%, is Unison Bank, having originated $4,985,000 in loans.

    Jamestown Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Jamestown (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 $191,050 (-11.4%) $227,152 (-12.2%) 0.00 82
    2018-02-01 $189,900 (-14.5%) $230,083 (-14.0%) 0.00 87
    2018-03-01 $189,900 (-14.8%) $225,156 (-13.2%) 0.00 92
    2018-04-01 $189,425 (-15.3%) $223,191 (-16.7%) 0.00 103
    2018-05-01 $195,053 (-10.7%) $222,256 (-11.3%) 0.00 105
    2018-06-01 $193,900 (-3.7%) $218,750 (-7.9%) 0.00 112
    2018-07-01 $195,753 (-12.8%) $223,820 (-8.7%) 0.00 120
    2018-08-01 $197,954 (-0.5%) $223,048 (-5.2%) 0.00 121
    2018-09-01 $198,000 (4.3%) $216,770 (-5.5%) 0.00 121
    2018-10-01 $184,450 (-2.9%) $210,115 (-8.4%) 0.00 117
    2018-11-01 $189,225 (-2.7%) $212,992 (-6.7%) 0.00 109
    2018-12-01 $193,500 (1.9%) $214,902 (-2.7%) 0.00 102
    2019-01-01 $184,450 (-3.5%) $213,441 (-6.0%) 0.00 94
    2019-02-01 $179,900 (-5.3%) $213,531 (-7.2%) 0.00 91
    2019-03-01 $189,643 (-0.1%) $222,626 (-1.1%) 0.00 84
    2019-04-01 $194,900 (2.9%) $229,172 (2.7%) 0.00 79
    2019-05-01 $213,950 (9.7%) $244,050 (9.8%) 0.00 89
    2019-06-01 $197,950 (2.1%) $233,293 (6.7%) 0.00 101
    2019-07-01 $196,025 (0.1%) $233,559 (4.4%) 0.00 99
    2019-08-01 $191,005 (-3.5%) $229,250 (2.8%) 0.00 102
    2019-09-01 $184,786 (-6.7%) $218,050 (0.6%) 0.00 100
    2019-10-01 $179,975 (-2.4%) $209,951 (-0.1%) 0.00 98
    2019-11-01 $167,950 (-11.2%) $197,404 (-7.3%) 0.00 93
    2019-12-01 $167,425 (-13.5%) $191,658 (-10.8%) 0.00 85
    2020-01-01 $166,225 (-9.9%) $194,781 (-8.7%) 0.00 77
    2020-02-01 $168,950 (-6.1%) $195,617 (-8.4%) 0.00 79
    2020-03-01 $176,700 (-6.8%) $209,767 (-5.8%) 0.00 81
    2020-04-01 $168,750 (-13.4%) $202,066 (-11.8%) 0.00 76
    2020-05-01 $183,000 (-14.5%) $210,508 (-13.7%) 0.00 82
    2020-06-01 $185,000 (-6.5%) $211,227 (-9.5%) 0.00 81
    2020-07-01 $189,675 (-3.2%) $218,439 (-6.5%) 0.00 70
    2020-08-01 $191,900 (0.5%) $226,320 (-1.3%) 0.00 77
    2020-09-01 $182,400 (-1.3%) $218,764 (0.3%) 0.00 77
    2020-10-01 $185,500 (3.1%) $217,128 (3.4%) 0.00 77
    2020-11-01 $194,725 (15.9%) $227,999 (15.5%) 0.00 67
    2020-12-01 $191,500 (14.4%) $221,252 (15.4%) 0.00 72
    2021-01-01 $186,500 (12.2%) $211,606 (8.6%) 0.00 57
    2021-02-01 $186,500 (10.4%) $209,538 (7.1%) 0.00 52
    2021-03-01 $184,000 (4.1%) $206,302 (-1.7%) 0.00 51
    2021-04-01 $162,000 (-4.0%) $202,739 (0.3%) 0.00 50
    2021-05-01 $163,450 (-10.7%) $211,147 (0.3%) 0.00 39
    2021-06-01 $169,999 (-8.1%) $223,895 (6.0%) 0.00 37
    2021-07-01 $179,000 (-5.6%) $222,515 (1.9%) 0.00 49
    2021-08-01 $193,200 (0.7%) $216,031 (-4.6%) 0.00 48
    2021-09-01 $167,450 (-8.2%) $223,608 (2.2%) 0.00 45
    2021-10-01 $163,000 (-12.1%) $199,155 (-8.3%) 0.00 37
    2021-11-01 $175,000 (-10.1%) $210,047 (-7.9%) 0.00 30
    2021-12-01 $179,900 (-6.1%) $222,198 (0.4%) 0.00 30
    2022-01-01 $179,900 (-3.5%) $241,277 (14.0%) 0.00 29
    2022-02-01 $210,500 (12.9%) $242,202 (15.6%) 0.00 25
    2022-03-01 $200,950 (9.2%) $238,623 (15.7%) 0.00 32
    2022-04-01 $212,000 (30.9%) $246,500 (21.6%) 0.00 28
    2022-05-01 $176,725 (8.1%) $219,717 (4.1%) 0.00 38
    2022-06-01 $169,925 (0.0%) $200,766 (-10.3%) 0.00 40
    2022-07-01 $189,900 (6.1%) $211,826 (-4.8%) 0.00 43
    2022-08-01 $194,950 (0.9%) $248,696 (15.1%) 0.00 55
    2022-09-01 $181,220 (8.2%) $231,548 (3.6%) 0.00 56
    2022-10-01 $174,450 (7.0%) $226,337 (13.7%) 0.00 57
    2022-11-01 $172,900 (-1.2%) $234,143 (11.5%) 0.00 46
    2022-12-01 $170,950 (-5.0%) $215,851 (-2.9%) 0.00 40
    2023-01-01 $164,225 (-8.7%) $209,265 (-13.3%) 0.00 41
    2023-02-01 $164,225 (-22.0%) $212,842 (-12.1%) 0.00 31
    2023-03-01 $168,000 (-16.4%) $235,283 (-1.4%) 0.00 21
    2023-04-01 $179,900 (-15.1%) $263,042 (6.7%) 0.00 23
    2023-05-01 $211,175 (19.5%) $271,814 (23.7%) 0.00 30
    2023-06-01 $248,200 (46.1%) $278,791 (38.9%) 0.00 48
    2023-07-01 $215,950 (13.7%) $267,630 (26.3%) 0.00 50
    2023-08-01 $229,700 (17.8%) $292,556 (17.6%) 0.00 56
    2023-09-01 $234,450 (29.4%) $290,854 (25.6%) 0.00 50
    2023-10-01 $226,175 (29.7%) $248,052 (9.6%) 0.00 52
    2023-11-01 $229,450 (32.7%) $252,614 (7.9%) 0.00 43
    2023-12-01 $244,900 (43.3%) $259,141 (20.1%) 0.00 36
    2024-01-01 $234,450 (42.8%) $242,017 (15.7%) 0.00 36
    2024-02-01 $212,175 (29.2%) $220,954 (3.8%) 0.00 31
    2024-03-01 $174,450 (3.8%) $254,680 (8.2%) 0.00 28
    2024-04-01 $183,475 (2.0%) $278,272 (5.8%) 0.00 26
    2024-05-01 $218,650 (3.5%) $304,873 (12.2%) 0.00 28
    2024-06-01 $224,900 (-9.4%) $322,471 (15.7%) 0.00 29
    2024-07-01 $211,450 (-2.1%) $332,338 (24.2%) 0.00 34
    2024-08-01 $265,000 (15.4%) $353,805 (20.9%) 0.00 34
    2024-09-01 $234,600 (0.1%) $305,591 (5.1%) 0.00 39
    2024-10-01 $204,450 (-9.6%) $286,166 (15.4%) 0.00 35
    2024-11-01 $200,000 (-12.8%) $298,662 (18.2%) 0.00 35
    2024-12-01 $206,200 (-15.8%) $294,540 (13.7%) 0.00 35
    2025-01-01 $223,250 (-4.8%) $296,590 (22.6%) 0.00 33
    2025-02-01 $219,850 (3.6%) $313,232 (41.8%) 0.00 25
    2025-03-01 $220,000 (26.1%) $309,445 (21.5%) 0.00 29
    2025-04-01 $245,000 (33.5%) $406,935 (46.2%) 0.00 32
    Jamestown's median listing price for 2025-04-01 was $245,000, a difference of $61,525 (33.5%) versus the prior year and $25,000 versus the prior month.

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

    Jamestown's average listing price for 2025-04-01 was $406,935, a difference of $128,663 (46.2%) versus the prior year and $97,490 versus the prior month.

    For the 2025-04-01 period, Jamestown had 32 MLS listings, a difference of 3 listings (10%) versus the prior month and 6 listings (23%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Jamestown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,999 sqft
    2018-02-01 0 days 1,992 sqft
    2018-03-01 0 days 1,959 sqft
    2018-04-01 0 days 1,916 sqft
    2018-05-01 0 days 1,896 sqft
    2018-06-01 0 days 1,904 sqft
    2018-07-01 0 days 1,971 sqft
    2018-08-01 0 days 2,000 sqft
    2018-09-01 0 days 2,008 sqft
    2018-10-01 0 days 1,960 sqft
    2018-11-01 0 days 1,943 sqft
    2018-12-01 0 days 2,000 sqft
    2019-01-01 0 days 1,960 sqft
    2019-02-01 0 days 1,970 sqft
    2019-03-01 0 days 2,034 sqft
    2019-04-01 0 days 2,037 sqft
    2019-05-01 0 days 2,175 sqft
    2019-06-01 0 days 2,036 sqft
    2019-07-01 0 days 2,000 sqft
    2019-08-01 0 days 1,952 sqft
    2019-09-01 0 days 1,880 sqft
    2019-10-01 0 days 1,824 sqft
    2019-11-01 0 days 1,824 sqft
    2019-12-01 0 days 1,816 sqft
    2020-01-01 0 days 1,807 sqft
    2020-02-01 0 days 1,824 sqft
    2020-03-01 0 days 1,920 sqft
    2020-04-01 0 days 1,847 sqft
    2020-05-01 0 days 1,960 sqft
    2020-06-01 0 days 1,991 sqft
    2020-07-01 0 days 1,956 sqft
    2020-08-01 0 days 1,994 sqft
    2020-09-01 0 days 1,988 sqft
    2020-10-01 0 days 1,976 sqft
    2020-11-01 0 days 2,021 sqft
    2020-12-01 0 days 1,994 sqft
    2021-01-01 0 days 1,806 sqft
    2021-02-01 0 days 1,903 sqft
    2021-03-01 0 days 1,784 sqft
    2021-04-01 0 days 1,652 sqft
    2021-05-01 0 days 1,652 sqft
    2021-06-01 0 days 1,639 sqft
    2021-07-01 0 days 1,600 sqft
    2021-08-01 0 days 1,576 sqft
    2021-09-01 0 days 1,627 sqft
    2021-10-01 0 days 1,510 sqft
    2021-11-01 0 days 1,858 sqft
    2021-12-01 0 days 1,989 sqft
    2022-01-01 0 days 1,920 sqft
    2022-02-01 0 days 1,800 sqft
    2022-03-01 0 days 1,850 sqft
    2022-04-01 0 days 2,191 sqft
    2022-05-01 0 days 1,651 sqft
    2022-06-01 0 days 1,569 sqft
    2022-07-01 0 days 1,563 sqft
    2022-08-01 0 days 1,670 sqft
    2022-09-01 0 days 1,615 sqft
    2022-10-01 0 days 1,668 sqft
    2022-11-01 0 days 1,713 sqft
    2022-12-01 0 days 1,698 sqft
    2023-01-01 0 days 1,630 sqft
    2023-02-01 0 days 1,591 sqft
    2023-03-01 0 days 1,582 sqft
    2023-04-01 0 days 1,834 sqft
    2023-05-01 0 days 1,840 sqft
    2023-06-01 0 days 2,195 sqft
    2023-07-01 0 days 2,040 sqft
    2023-08-01 0 days 2,187 sqft
    2023-09-01 0 days 2,068 sqft
    2023-10-01 0 days 1,917 sqft
    2023-11-01 0 days 2,001 sqft
    2023-12-01 0 days 2,024 sqft
    2024-01-01 0 days 1,993 sqft
    2024-02-01 0 days 1,897 sqft
    2024-03-01 0 days 1,892 sqft
    2024-04-01 0 days 2,075 sqft
    2024-05-01 0 days 2,113 sqft
    2024-06-01 0 days 2,188 sqft
    2024-07-01 0 days 2,038 sqft
    2024-08-01 0 days 2,122 sqft
    2024-09-01 0 days 2,029 sqft
    2024-10-01 0 days 1,903 sqft
    2024-11-01 0 days 1,912 sqft
    2024-12-01 0 days 1,966 sqft
    2025-01-01 0 days 1,958 sqft
    2025-02-01 0 days 1,972 sqft
    2025-03-01 0 days 1,912 sqft
    2025-04-01 0 days 2,039 sqft
    Jamestown's median listing age (time on market) for 2025-04-01 was 0 days.

    Jamestown's median square footage for active listings during the 2025-04-01 period was 2,039 sqft. One year prior, the average listing was 2,075 sqft.

    Jamestown, ND Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 186 $40,250,000 $216,398
    Refi 52 $8,010,000 $154,038
    Cash Out Refi 48 $9,720,000 $202,500
    Home Improvement 38 $2,620,000 $68,947
    Other 27 $1,825,000 $67,593

    Jamestown's most frequently cited loan purpose was Home Purchase, with 186 originations. The 2nd most popular reason was Refi, with 52 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 102 $26,010,000 $255,000
    7-8% 82 $11,870,000 $144,756
    5-6% 59 $10,785,000 $182,797
    Over 8% 31 $2,335,000 $75,323
    4-5% 7 $815,000 $116,429
    2.5-3% 1 $75,000 $75,000
    3-4% 1 $25,000 $25,000

    During 2024, Jamestown's most frequently originated rate bucket was 6-7%, with 102 originations.

    Loan Sizing (Jamestown, ND MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 130 $6,780,000 $52,154
    $100k-200k 115 $17,065,000 $148,391
    $200k-400k 90 $24,540,000 $272,667
    $400k-600k 11 $5,275,000 $479,545
    $600k-1000k 3 $2,195,000 $731,667
    $Over $1MM 2 $6,570,000 $3,285,000

    Jamestown's loan sizing saw the bucket of loans from $100,000 or less with 130 originations, totaling $6,780,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 116 $24,930,000 $214,914
    60-80% 59 $17,465,000 $296,017
    20-40% 45 $3,475,000 $77,222
    Under 20% 33 $1,335,000 $40,455
    40-60% 27 $4,145,000 $153,519
    Over 100% 1 $175,000 $175,000

    Jamestown's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 116 originations, totaling $24,930,000 in origination value.