Jamestown Mortgage Rates

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

30 Year Fixed Rate mortgages in Jamestown averaged 5.61% 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 5.92% and one month ago for the week of 2022-05-26, the average rate was 5.11%.

Jamestown's average rate one year ago was 2.95%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.65%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Jamestown 30 Year Fixed Rate 2022-06-30 5.61%
Jamestown 30 Year Fixed Rate Refi 2022-06-30 5.65%
Jamestown 15 Year Fixed Rate 2022-06-30 5.27%
Jamestown 15 Year Fixed Rate Refi 2022-06-30 5.1%
Jamestown 30 Year FHA 2022-06-30 5.84%
Jamestown 30 Year FHA Refi 2022-06-30 5.46%
Jamestown 30 Year USDA 2022-06-30 5.56%
Jamestown 30 Year USDA Refi 2022-06-30 5.2%
Jamestown 30 Year VA 2022-06-30 5.25%
Jamestown 30 Year VA Refi 2022-06-30 5.46%
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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
FIRST COMMUNITY CREDIT UNION 48 2.79% $4,876
Gate City Bank 41 2.71% $4,162
The Huntington National Bank 21 3.19% $3,356
TCF National Bank 18 2.80% $2,979
QUICKEN LOANS, LLC 16 3.12% $5,822
Bank Forward 11 3.09% $3,796
Dacotah Bank 9 3.01% $2,983
Wells Fargo Bank 7 3.27% $2,815
LOANDEPOT.COM, LLC 3 2.91% $4,842
First International Bank & Trust 3 2.96% $4,972
SIRVA MORTGAGE, INC. 2 2.94% $1,857
CAPITAL CREDIT UNION 2 2.75% $4,874
UNITED WHOLESALE MORTGAGE, LLC 2 3.25% $5,563
U.S. Bank 2 3.31% $2,555
Plains Commerce Bank 2 3.44% $3,882
Deere Employees Credit Union 2 2.81% $2,822
AMERISAVE MORTGAGE CORPORATION 2 2.75% $4,363
HOME POINT FINANCIAL CORPORATION 2 3.12% $2,958
GUARANTEED RATE, INC. 1 3.25% $3,068
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 2.99% $7,268
Bell Bank 1 2.88% $2,119
BNC National Bank 1 3.38% $3,431
CALIBER HOME LOANS, INC. 1 2.63% $4,778
Citizens Bank 1 2.75% $3,248
CRESCENT MORTGAGE COMPANY 1 2.99% $4,590
FREEDOM MORTGAGE CORPORATION 1 3.25% $2,891
American Mortgage & Equity Consultants, Inc. 1 2.88% $3,451
Manufacturers and Traders Trust Company 1 2.88% $3,403
NATIONS RELIABLE LENDING, LLC 1 3.38% $3,941
North Shore Bank of Commerce 1 3.38% $3,909
PANORAMA MORTGAGE GROUP, LLC 1 3.50% $5,313
Starion Bank 1 2.50% $2,827
TOWN AND COUNTRY Credit Union 1 2.88% $5,666

Jamestown, ND's 33 lenders originated 767 loans during 2021. The total origination value was $134,595,000, with an average loan value of $175,482.

The top Jamestown lender as defined by loan originations is FIRST COMMUNITY CREDIT UNION, with 48 loans originated. Their average total fees are $4,876, which is $714 higher than the next largest lender, Gate City Bank.

The lowest fee Jamestown lenders (with over 10 loans originated) are TCF National Bank ($2,979), The Huntington National Bank ($3,356), Bank Forward ($3,796), Gate City Bank ($4,162) and FIRST COMMUNITY CREDIT UNION ($4,876).

The lowest rate Jamestown lenders (with over 10 loans originated) are Gate City Bank (2.71%), FIRST COMMUNITY CREDIT UNION (2.79%), TCF National Bank (2.80%), Bank Forward (3.09%) and QUICKEN LOANS, LLC (3.12%).

Jamestown, ND 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
FIRST COMMUNITY CREDIT UNION $25,760,000 $21,810,000 -15.3% 16.2%
Unison Bank $23,165,000 $18,550,000 -19.9% 13.8%
Gate City Bank $18,665,000 $16,655,000 -10.8% 12.4%
The Huntington National Bank $10,755,000 n/a 8.0%
TCF National Bank $22,455,000 $9,340,000 -58.4% 6.9%
QUICKEN LOANS, LLC $5,405,000 $8,415,000 55.7% 6.3%
Bank Forward $10,450,000 $6,880,000 -34.2% 5.1%
Union State Bank of Fargo $4,150,000 n/a 3.1%
U.S. Bank $3,450,000 $3,705,000 7.4% 2.8%
Wells Fargo Bank $2,675,000 $2,675,000 0.0% 2.0%
Dacotah Bank $2,865,000 $2,420,000 -15.5% 1.8%
FREEDOM MORTGAGE CORPORATION $2,955,000 $2,055,000 -30.5% 1.5%
First Western Bank & Trust $1,495,000 n/a 1.1%
First International Bank & Trust $475,000 $1,490,000 213.7% 1.1%
Western State Bank $560,000 $1,420,000 153.6% 1.1%
UNITED WHOLESALE MORTGAGE, LLC $380,000 $1,355,000 256.6% 1.0%
CAPITAL CREDIT UNION $1,345,000 n/a 1.0%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $650,000 $1,265,000 94.6% 0.9%
CALIBER HOME LOANS, INC. $805,000 $1,120,000 39.1% 0.8%
LOANDEPOT.COM, LLC $435,000 $1,085,000 149.4% 0.8%
Mortgage Research Center, LLC $290,000 $1,075,000 270.7% 0.8%
HOME POINT FINANCIAL CORPORATION $760,000 $1,005,000 32.2% 0.7%
AMERISAVE MORTGAGE CORPORATION $300,000 $965,000 221.7% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $345,000 $940,000 172.5% 0.7%
AgCountry Farm Credit Services, FLCA $935,000 n/a 0.7%
Starion Bank $360,000 $625,000 73.6% 0.5%
BANKWEST, INC. $620,000 n/a 0.5%
Bremer Bank $2,280,000 $620,000 -72.8% 0.5%
TOWN AND COUNTRY Credit Union $430,000 $610,000 41.9% 0.5%
GUARANTEED RATE, INC. $595,000 n/a 0.4%
PENNYMAC LOAN SERVICES, LLC $565,000 n/a 0.4%
First Savings Bank $990,000 $545,000 -44.9% 0.4%
BNC National Bank $55,000 $500,000 809.1% 0.4%
Bank of England $460,000 $470,000 2.2% 0.3%
NEWREZ LLC $75,000 $470,000 526.7% 0.3%
American Mortgage & Equity Consultants, Inc. $455,000 n/a 0.3%
Deere Employees Credit Union $525,000 $425,000 -19.0% 0.3%
SIRVA MORTGAGE, INC. $410,000 n/a 0.3%
Choice Financial Group $1,095,000 $340,000 -68.9% 0.3%
Barrington Bank & Trust Company, N.A. $335,000 n/a 0.2%
CHURCHILL MORTGAGE CORPORATION $325,000 n/a 0.2%
VALLEY MORTGAGE, INC. $270,000 $325,000 20.4% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $315,000 n/a 0.2%
The Federal Savings Bank $275,000 n/a 0.2%
Low VA Rates, LLC $225,000 $235,000 4.4% 0.2%
PANORAMA MORTGAGE GROUP, LLC $225,000 n/a 0.2%
Plains Commerce Bank $210,000 n/a 0.2%
JPMorgan Chase Bank $340,000 $195,000 -42.6% 0.1%
LAKEVIEW LOAN SERVICING, LLC $165,000 $195,000 18.2% 0.1%
HOMESIDE FINANCIAL, LLC $175,000 n/a 0.1%
Truist Bank $175,000 n/a 0.1%
CRESCENT MORTGAGE COMPANY $240,000 $165,000 -31.3% 0.1%
North Shore Bank of Commerce $165,000 n/a 0.1%
Bell Bank $1,015,000 $155,000 -84.7% 0.1%
Manufacturers and Traders Trust Company $145,000 n/a 0.1%
NATIONS RELIABLE LENDING, LLC $135,000 n/a 0.1%
Flagstar Bank, FSB $975,000 $125,000 -87.2% 0.1%
PHH Mortgage Corporation $125,000 n/a 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $105,000 n/a 0.1%
ARC HOME LLC $95,000 n/a 0.1%
Dakota Community Bank & Trust $300,000 $85,000 -71.7% 0.1%
21ST MORTGAGE CORPORATION $80,000 n/a 0.1%
Citizens Bank $75,000 n/a 0.1%

Jamestown's top lender by overall market share is FIRST COMMUNITY CREDIT UNION, with 16.2% market share. In second place, with 13.8%, is Unison Bank, having originated $18,550,000 in loans. In third place, with 12.4%, is Gate City Bank, having originated $16,655,000 in loans. In third place, with 8.0%, is The Huntington National Bank, having originated $10,755,000 in loans. In third place, with 6.9%, is TCF National Bank, having originated $9,340,000 in loans.


Jamestown, ND Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 295 $60,105,000 $203,746
Refi 282 $48,180,000 $170,851
Cash Out Refi 135 $22,215,000 $164,556
Home Improvement 39 $2,735,000 $70,128
Other 16 $1,360,000 $85,000

Jamestown's most frequently cited loan purpose was Home Purchase, with 295 originations. The 2nd most popular reason was Refi, with 282 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 243 $41,795,000 $171,996
3-4% 185 $31,715,000 $171,432
<2.5% 181 $33,875,000 $187,155
4-5% 23 $3,265,000 $141,957
6-7% 6 $650,000 $108,333
Over 8% 3 $175,000 $58,333
5-6% 2 $420,000 $210,000

During 2021, Jamestown's most frequently originated rate bucket was 2.5-3%, with 243 originations.

Loan Sizing (Jamestown, ND MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 350 $50,590,000 $144,543
$200k-400k 215 $57,085,000 $265,512
$100,000 or less 179 $11,605,000 $64,832
$400k-600k 17 $8,425,000 $495,588
$600k-1000k 3 $2,375,000 $791,667
$Over $1MM 3 $4,515,000 $1,505,000

Jamestown's loan sizing saw the bucket of loans from $100k-200k with 350 originations, totaling $50,590,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 283 $56,105,000 $198,251
60-80% 201 $37,605,000 $187,090
40-60% 82 $11,400,000 $139,024
20-40% 36 $2,760,000 $76,667
Under 20% 24 $910,000 $37,917
Over 100% 3 $665,000 $221,667

Jamestown's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 283 originations, totaling $56,105,000 in origination value.


Market Conditions (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 $192,200 (-11.3%) $227,240 (-11.8%) 0.00 82
2018-02-01 $194,900 (-12.2%) $230,031 (-13.3%) 0.00 88
2018-03-01 $189,900 (-16.3%) $223,655 (-13.5%) 0.00 94
2018-04-01 $189,900 (-15.6%) $222,795 (-17.3%) 0.00 102
2018-05-01 $195,053 (-12.2%) $221,431 (-12.2%) 0.00 105
2018-06-01 $193,900 (-9.8%) $218,815 (-9.0%) 0.00 114
2018-07-01 $197,605 (-12.2%) $224,866 (-9.2%) 0.00 121
2018-08-01 $198,500 (-0.7%) $223,958 (-5.6%) 0.00 121
2018-09-01 $199,000 (0.3%) $216,819 (-5.7%) 0.00 119
2018-10-01 $186,450 (-1.8%) $209,938 (-8.2%) 0.00 115
2018-11-01 $189,450 (-2.6%) $213,002 (-6.6%) 0.00 108
2018-12-01 $193,500 (1.9%) $214,517 (-2.9%) 0.00 102
2019-01-01 $184,450 (-4.0%) $213,441 (-6.1%) 0.00 93
2019-02-01 $179,900 (-7.7%) $213,531 (-7.2%) 0.00 90
2019-03-01 $189,900 (0.0%) $220,857 (-1.3%) 0.00 87
2019-04-01 $194,900 (2.6%) $228,581 (2.6%) 0.00 79
2019-05-01 $215,450 (10.5%) $243,483 (10.0%) 0.00 90
2019-06-01 $199,000 (2.6%) $233,886 (6.9%) 0.00 104
2019-07-01 $197,950 (0.2%) $233,655 (3.9%) 0.00 100
2019-08-01 $193,900 (-2.3%) $230,559 (3.0%) 0.00 101
2019-09-01 $189,700 (-4.7%) $222,188 (2.5%) 0.00 96
2019-10-01 $182,450 (-2.2%) $209,756 (-0.1%) 0.00 97
2019-11-01 $169,000 (-10.8%) $197,328 (-7.4%) 0.00 94
2019-12-01 $167,950 (-13.2%) $191,638 (-10.7%) 0.00 86
2020-01-01 $166,900 (-9.5%) $194,759 (-8.8%) 0.00 77
2020-02-01 $169,000 (-6.1%) $195,829 (-8.3%) 0.00 79
2020-03-01 $174,900 (-7.9%) $206,131 (-6.7%) 0.00 79
2020-04-01 $178,500 (-8.4%) $202,399 (-11.5%) 0.00 76
2020-05-01 $189,000 (-12.3%) $214,881 (-11.8%) 0.00 83
2020-06-01 $189,450 (-4.8%) $214,515 (-8.3%) 0.00 81
2020-07-01 $189,900 (-4.1%) $222,011 (-5.0%) 0.00 69
2020-08-01 $189,900 (-2.1%) $227,334 (-1.4%) 0.00 78
2020-09-01 $186,950 (-1.5%) $218,244 (-1.8%) 0.00 77
2020-10-01 $189,900 (4.1%) $219,099 (4.5%) 0.00 78
2020-11-01 $199,000 (17.8%) $227,555 (15.3%) 0.00 68
2020-12-01 $197,000 (17.3%) $222,776 (16.3%) 0.00 72
2021-01-01 $189,900 (13.8%) $213,361 (9.6%) 0.00 58
2021-02-01 $188,000 (11.2%) $209,170 (6.8%) 0.00 52
2021-03-01 $186,500 (6.6%) $207,310 (0.6%) 0.00 51
2021-04-01 $169,900 (-4.8%) $203,123 (0.4%) 0.00 51
2021-05-01 $164,900 (-12.8%) $212,565 (-1.1%) 0.00 38
2021-06-01 $169,999 (-10.3%) $222,581 (3.8%) 0.00 37
2021-07-01 $184,450 (-2.9%) $222,540 (0.2%) 0.00 50
2021-08-01 $187,450 (-1.3%) $212,292 (-6.6%) 0.00 50
2021-09-01 $175,000 (-6.4%) $222,968 (2.2%) 0.00 46
2021-10-01 $165,000 (-13.1%) $198,918 (-9.2%) 0.00 38
2021-11-01 $179,000 (-10.1%) $209,415 (-8.0%) 0.00 30
2021-12-01 $179,900 (-8.7%) $221,174 (-0.7%) 0.00 30
2022-01-01 $179,900 (-5.3%) $232,814 (9.1%) 0.00 30
2022-02-01 $199,000 (5.9%) $240,187 (14.8%) 0.00 25
2022-03-01 $213,500 (14.5%) $244,944 (18.2%) 0.00 35
2022-04-01 $222,000 (30.7%) $253,283 (24.7%) 0.00 35
2022-05-01 $189,900 (15.2%) $230,529 (8.5%) 0.00 45
2022-06-01 $170,000 (0.0%) $205,384 (-7.7%) 0.00 45
Jamestown's median listing price for 2022-06-01 was $170,000, a difference of $1 (0.0%) versus the prior year and $-19,900 versus the prior month.

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

Jamestown's average listing price for 2022-06-01 was $205,384, a difference of $-17,197 (-7.7%) versus the prior year and $-25,145 versus the prior month.

For the 2022-06-01 period, Jamestown had 45 MLS listings, a difference of 0 listings (0%) versus the prior month and 8 listings (22%) 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 2,013 sqft
2018-02-01 0 days 2,008 sqft
2018-03-01 0 days 1,959 sqft
2018-04-01 0 days 1,929 sqft
2018-05-01 0 days 1,904 sqft
2018-06-01 0 days 1,924 sqft
2018-07-01 0 days 1,995 sqft
2018-08-01 0 days 2,016 sqft
2018-09-01 0 days 2,016 sqft
2018-10-01 0 days 1,960 sqft
2018-11-01 0 days 1,948 sqft
2018-12-01 0 days 2,000 sqft
2019-01-01 0 days 1,960 sqft
2019-02-01 0 days 2,000 sqft
2019-03-01 0 days 2,027 sqft
2019-04-01 0 days 2,032 sqft
2019-05-01 0 days 2,178 sqft
2019-06-01 0 days 2,032 sqft
2019-07-01 0 days 2,000 sqft
2019-08-01 0 days 1,961 sqft
2019-09-01 0 days 1,891 sqft
2019-10-01 0 days 1,824 sqft
2019-11-01 0 days 1,824 sqft
2019-12-01 0 days 1,807 sqft
2020-01-01 0 days 1,790 sqft
2020-02-01 0 days 1,824 sqft
2020-03-01 0 days 1,911 sqft
2020-04-01 0 days 1,841 sqft
2020-05-01 0 days 1,997 sqft
2020-06-01 0 days 2,000 sqft
2020-07-01 0 days 1,960 sqft
2020-08-01 0 days 2,000 sqft
2020-09-01 0 days 1,994 sqft
2020-10-01 0 days 1,976 sqft
2020-11-01 0 days 2,023 sqft
2020-12-01 0 days 2,010 sqft
2021-01-01 0 days 1,812 sqft
2021-02-01 0 days 1,900 sqft
2021-03-01 0 days 1,784 sqft
2021-04-01 0 days 1,650 sqft
2021-05-01 0 days 1,650 sqft
2021-06-01 0 days 1,625 sqft
2021-07-01 0 days 1,613 sqft
2021-08-01 0 days 1,568 sqft
2021-09-01 0 days 1,680 sqft
2021-10-01 0 days 1,456 sqft
2021-11-01 0 days 1,812 sqft
2021-12-01 0 days 1,969 sqft
2022-01-01 0 days 1,904 sqft
2022-02-01 0 days 1,868 sqft
2022-03-01 0 days 1,970 sqft
2022-04-01 0 days 2,280 sqft
2022-05-01 0 days 1,728 sqft
2022-06-01 0 days 1,574 sqft
Jamestown's median listing age (time on market) for 2022-06-01 was 0 days.

Jamestown's median square footage for active listings during the 2022-06-01 period was 1,574 sqft. One year prior, the average listing was 1,625 sqft.