Jamestown Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Jamestown averaged
6.86%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
6.95% and
one month ago for the week of 2023-08-17, the
average rate was 6.76%.
Jamestown's average rate one year ago was 5.59%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.49%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Jamestown 30 Year Fixed Rate | 2023-09-21 | 6.86% |
Jamestown 30 Year Fixed Rate Refi | 2023-09-21 | 7.49% |
Jamestown 15 Year Fixed Rate | 2023-09-21 | 6.44% |
Jamestown 15 Year Fixed Rate Refi | 2023-09-21 | 6.74% |
Jamestown 30 Year FHA | 2023-09-21 | 6.94% |
Jamestown 30 Year FHA Refi | 2023-09-21 | 7.04% |
Jamestown 30 Year USDA | 2023-09-21 | 6.82% |
Jamestown 30 Year USDA Refi | 2023-09-21 | 7.12% |
Jamestown 30 Year VA | 2023-09-21 | 7.02% |
Jamestown 30 Year VA Refi | 2023-09-21 | 6.62% |
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.).
Jamestown Average Closing Costs & Other Stats
Jamestown, ND's 26 lenders originated 434
loans during 2022. The total origination value was $79,190,000, with an average loan value of
$182,465.
Jamestown's average closing costs are $4,605.
The top Jamestown lender as defined by loan originations is FIRST COMMUNITY CREDIT UNION, with
24 loans originated. Their average total fees are
$4,707, which is $5
lower than the next largest lender,
Gate City Bank.
The lowest fee Jamestown lenders (with over 10 loans originated) are
FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($3,960), FIRST COMMUNITY CREDIT UNION ($4,707), Gate City Bank ($4,712), .
The lowest rate Jamestown lenders (with over 10 loans originated) are
Gate City Bank (4.67%), FIRST COMMUNITY CREDIT UNION (4.71%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (5.54%), .
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
Unison Bank | $18,550,000 | $16,845,000 | -9.2% | 21.3% |
FIRST COMMUNITY CREDIT UNION | $21,810,000 | $16,110,000 | -26.1% | 20.3% |
Gate City Bank | $16,655,000 | $9,095,000 | -45.4% | 11.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $940,000 | $4,080,000 | 334.0% | 5.2% |
Bank Forward | $6,880,000 | $4,045,000 | -41.2% | 5.1% |
Dacotah Bank | $2,420,000 | $3,705,000 | 53.1% | 4.7% |
QUICKEN LOANS, LLC | $8,415,000 | $2,850,000 | -66.1% | 3.6% |
The Huntington National Bank | $10,755,000 | $2,845,000 | -73.5% | 3.6% |
Bell Bank | $155,000 | $2,775,000 | 1,690.3% | 3.5% |
Bremer Bank | $620,000 | $1,935,000 | 212.1% | 2.4% |
U.S. Bank | $3,705,000 | $1,615,000 | -56.4% | 2.0% |
Wells Fargo Bank | $2,675,000 | $1,605,000 | -40.0% | 2.0% |
Western State Bank | $1,420,000 | $1,300,000 | -8.5% | 1.6% |
American Federal Bank | $1,005,000 | n/a | 1.3% | |
First International Bank & Trust | $1,490,000 | $760,000 | -49.0% | 1.0% |
VALLEY MORTGAGE, INC. | $325,000 | $635,000 | 95.4% | 0.8% |
Flagstar Bank, FSB | $125,000 | $545,000 | 336.0% | 0.7% |
First Interstate Bank | $510,000 | n/a | 0.6% | |
PENNYMAC LOAN SERVICES, LLC | $565,000 | $475,000 | -15.9% | 0.6% |
First Western Bank & Trust | $1,495,000 | $345,000 | -76.9% | 0.4% |
HOME POINT FINANCIAL CORPORATION | $1,005,000 | $295,000 | -70.6% | 0.4% |
VUE COMMUNITY CREDIT UNION | $295,000 | n/a | 0.4% | |
First State Bank | $285,000 | n/a | 0.4% | |
JPMorgan Chase Bank | $195,000 | $275,000 | 41.0% | 0.3% |
PLANET HOME LENDING, LLC | $245,000 | n/a | 0.3% | |
AmeriHome Mortgage Company, LLC | $225,000 | n/a | 0.3% | |
AMERISAVE MORTGAGE CORPORATION | $965,000 | $215,000 | -77.7% | 0.3% |
FREEDOM MORTGAGE CORPORATION | $2,055,000 | $210,000 | -89.8% | 0.3% |
LOANDEPOT.COM, LLC | $1,085,000 | $210,000 | -80.6% | 0.3% |
Choice Financial Group | $340,000 | $205,000 | -39.7% | 0.3% |
Dakota Community Bank & Trust | $85,000 | $205,000 | 141.2% | 0.3% |
21ST MORTGAGE CORPORATION | $80,000 | $200,000 | 150.0% | 0.3% |
AMERICAN FINANCING CORPORATION | $195,000 | n/a | 0.2% | |
First Savings Bank | $545,000 | $185,000 | -66.1% | 0.2% |
Hometown Credit Union | $185,000 | n/a | 0.2% | |
PNC Bank | $185,000 | n/a | 0.2% | |
Mr. Cooper ( Nationstar Mortgage ) | $175,000 | n/a | 0.2% | |
UNITED WHOLESALE MORTGAGE, LLC | $1,355,000 | $165,000 | -87.8% | 0.2% |
Barrington Bank & Trust Company, N.A. | $335,000 | $155,000 | -53.7% | 0.2% |
CALIBER HOME LOANS, INC. | $1,120,000 | $155,000 | -86.2% | 0.2% |
GUARANTEED RATE, INC. | $595,000 | $155,000 | -73.9% | 0.2% |
Alerus Financial | $145,000 | n/a | 0.2% | |
BROKER SOLUTIONS, INC. | $135,000 | n/a | 0.2% | |
GUILD MORTGAGE COMPANY | $135,000 | n/a | 0.2% | |
Mortgage Research Center, LLC | $1,075,000 | $135,000 | -87.4% | 0.2% |
WINGS FINANCIAL | $135,000 | n/a | 0.2% | |
CRESCENT MORTGAGE COMPANY | $165,000 | $125,000 | -24.2% | 0.2% |
LONGBRIDGE FINANCIAL, LLC | $125,000 | n/a | 0.2% | |
M&T Bank | $145,000 | $125,000 | -13.8% | 0.2% |
NEWREZ LLC | $470,000 | $115,000 | -75.5% | 0.1% |
Pioneer Bank & Trust | $115,000 | n/a | 0.1% | |
BNC National Bank | $500,000 | $95,000 | -81.0% | 0.1% |
FINANCE OF AMERICA MORTGAGE LLC | $85,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $75,000 | n/a | 0.1% | |
Deere Employees Credit Union | $425,000 | $55,000 | -87.1% | 0.1% |
CREDIT HUMAN FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% | |
Starion Bank | $625,000 | $35,000 | -94.4% | 0.0% |
Security First Bank of North Dakota | $15,000 | n/a | 0.0% | |
RAILWAY CREDIT UNION | $5,000 | n/a | 0.0% |
Jamestown's top lender by overall market share is Unison Bank, with 21.3% market share. In second place, with 20.3%, is FIRST COMMUNITY CREDIT UNION, having originated $16,110,000 in loans. In third place, with 11.5%, is Gate City Bank, having originated $9,095,000 in loans. In fourth place, with 5.2%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $4,080,000 in loans. In fifth place, with 5.1%, is Bank Forward, having originated $4,045,000 in loans.
Jamestown Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Jamestown (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 | $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 |
Jamestown's median listing price comes in at 0% of the national average.
Jamestown's average listing price for 2023-08-01 was $292,556, a difference of $43,860 (17.6%) versus the prior year and $24,926 versus the prior month.
For the 2023-08-01 period, Jamestown had 56 MLS listings, a difference of 6 listings (12%) versus the prior month and 1 listings (2%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Jamestown (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 2,190 sqft |
Jamestown's median square footage for active listings during the 2023-08-01 period was 2,190 sqft. One year prior, the average listing was 1,670 sqft.
Jamestown, ND Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 197 | $45,925,000 | $233,122 |
Refi | 91 | $15,235,000 | $167,418 |
Cash Out Refi | 89 | $11,315,000 | $127,135 |
Home Improvement | 41 | $3,115,000 | $75,976 |
Other | 16 | $3,600,000 | $225,000 |
Jamestown's most frequently cited loan purpose was Home Purchase, with 197 originations. The 2nd most popular reason was Refi, with 91 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 98 | $16,540,000 | $168,776 |
3-4% | 92 | $16,650,000 | $180,978 |
5-6% | 91 | $17,505,000 | $192,363 |
2.5-3% | 27 | $4,985,000 | $184,630 |
6-7% | 24 | $3,140,000 | $130,833 |
7-8% | 7 | $755,000 | $107,857 |
<2.5% | 5 | $975,000 | $195,000 |
Over 8% | 3 | $75,000 | $25,000 |
During 2022, Jamestown's most frequently originated rate bucket was 4-5%, with 98 originations.
Loan Sizing (Jamestown, ND MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 153 | $8,345,000 | $54,542 |
$100k-200k | 150 | $22,450,000 | $149,667 |
$200k-400k | 106 | $28,560,000 | $269,434 |
$400k-600k | 12 | $5,670,000 | $472,500 |
$600k-1000k | 7 | $5,425,000 | $775,000 |
$Over $1MM | 6 | $8,740,000 | $1,456,667 |
Jamestown's loan sizing saw the bucket of loans from $100,000 or less with 153 originations, totaling $8,345,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 119 | $24,275,000 | $203,992 |
60-80% | 101 | $21,925,000 | $217,079 |
20-40% | 52 | $5,000,000 | $96,154 |
Under 20% | 37 | $3,465,000 | $93,649 |
40-60% | 35 | $5,305,000 | $151,571 |
Over 100% | 3 | $655,000 | $218,333 |
Jamestown's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 119 originations, totaling $24,275,000 in origination value.