Jamestown Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Jamestown averaged 6.71% for the week of 2024-05-23, compared to the national average of 6.94% for the same period.

The average rate for the prior week (2024-05-16) was 6.99% and one month ago for the week of 2024-04-18, the average rate was 7.07%.

Jamestown's average rate one year ago was 6.16%.

For refis of the same type during the week of 2024-05-23, the average rate was 7.34%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-23 6.94%
Jamestown 30 Year Fixed Rate 2024-05-23 6.71%
Jamestown 30 Year Fixed Rate Refi 2024-05-23 7.34%
Jamestown 15 Year Fixed Rate 2024-05-23 6.34%
Jamestown 15 Year Fixed Rate Refi 2024-05-23 6.24%
Jamestown 30 Year FHA 2024-05-23 6.65%
Jamestown 30 Year FHA Refi 2024-05-23 6.65%
Jamestown 30 Year USDA 2024-05-23 6.54%
Jamestown 30 Year USDA Refi 2024-05-23 6.54%
Jamestown 30 Year VA 2024-05-23 6.67%
Jamestown 30 Year VA Refi 2024-05-23 6.67%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
FIRST COMMUNITY CREDIT UNION 29 6.35% $4,545
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 20 7.21% $4,946
Gate City Bank 16 6.42% $3,903
U.S. Bank 4 6.81% $3,415
QUICKEN LOANS, LLC 3 6.92% $6,858
Dacotah Bank 3 7.48% $2,853
UNITED WHOLESALE MORTGAGE, LLC 2 7.11% $1,722
Bank Forward 2 6.88% $4,673
American Mortgage & Equity Consultants, Inc. 1 7.38% $7,970
ZILLOW HOME LOANS, LLC 1 5.13% $6,687
AMERISAVE MORTGAGE CORPORATION 1 5.88% $3,421
Bank of England 1 7.50% $4,165
Barrington Bank & Trust Company, N.A. 1 6.49% $6,590
CAPITAL CREDIT UNION 1 7.88% $4,200
Merchants Bank 1 7.15% $3,608
Plains Commerce Bank 1 6.99% $4,668
Wells Fargo Bank 1 4.50% $0

Jamestown Average Closing Costs & Other Stats

Jamestown, ND's 17 lenders originated 360 loans during 2023. The total origination value was $62,400,000, with an average loan value of $173,333.

Jamestown's average closing costs are $4,701.

The top Jamestown lender as defined by loan originations is FIRST COMMUNITY CREDIT UNION, with 29 loans originated. Their average total fees are $4,545, which is $401 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

The lowest fee Jamestown lenders (with over 10 loans originated) are Gate City Bank ($3,903), FIRST COMMUNITY CREDIT UNION ($4,545), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($4,946), .

The lowest rate Jamestown lenders (with over 10 loans originated) are FIRST COMMUNITY CREDIT UNION (6.35%), Gate City Bank (6.42%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (7.21%), .

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
FIRST COMMUNITY CREDIT UNION $16,110,000 $12,370,000 -23.2% 19.8%
Unison Bank $16,845,000 $10,475,000 -37.8% 16.8%
Gate City Bank $9,095,000 $7,505,000 -17.5% 12.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,080,000 $6,470,000 58.6% 10.4%
Bremer Bank $1,935,000 $5,150,000 166.1% 8.3%
QUICKEN LOANS, LLC $2,850,000 $2,165,000 -24.0% 3.5%
AgCountry Farm Credit Services, FLCA $1,955,000 n/a 3.1%
Bank Forward $4,045,000 $1,350,000 -66.6% 2.2%
U.S. Bank $1,615,000 $1,300,000 -19.5% 2.1%
Mortgage Research Center, LLC $135,000 $1,290,000 855.6% 2.1%
Cornerstone Bank $1,055,000 n/a 1.7%
Dacotah Bank $3,705,000 $875,000 -76.4% 1.4%
UNITED WHOLESALE MORTGAGE, LLC $165,000 $835,000 406.1% 1.3%
Bell Bank $2,775,000 $665,000 -76.0% 1.1%
Security First Bank of North Dakota $15,000 $500,000 3,233.3% 0.8%
CAPITAL CREDIT UNION $380,000 n/a 0.6%
AMERISAVE MORTGAGE CORPORATION $215,000 $355,000 65.1% 0.6%
V.I.P. MORTGAGE, INC. $355,000 n/a 0.6%
American Mortgage & Equity Consultants, Inc. $315,000 n/a 0.5%
Starion Bank $35,000 $315,000 800.0% 0.5%
Barrington Bank & Trust Company, N.A. $155,000 $305,000 96.8% 0.5%
Wells Fargo Bank $1,605,000 $280,000 -82.6% 0.4%
FIRST COMMUNITY MORTGAGE, INC. $245,000 n/a 0.4%
MOVEMENT MORTGAGE, LLC $235,000 n/a 0.4%
GUARANTEED RATE, INC. $155,000 $220,000 41.9% 0.4%
21ST MORTGAGE CORPORATION $200,000 $215,000 7.5% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 n/a 0.3%
GUILD MORTGAGE COMPANY $135,000 $205,000 51.9% 0.3%
Flagstar Bank, FSB $545,000 $195,000 -64.2% 0.3%
The Federal Savings Bank $165,000 n/a 0.3%
ZILLOW HOME LOANS, LLC $165,000 n/a 0.3%
Chickasaw Community Bank $155,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $155,000 n/a 0.2%
VALLEY MORTGAGE, INC. $635,000 $145,000 -77.2% 0.2%
Bank of England $135,000 n/a 0.2%
Choice Financial Group $205,000 $135,000 -34.1% 0.2%
CRESCENT MORTGAGE COMPANY $125,000 $125,000 0.0% 0.2%
Merchants Bank $115,000 n/a 0.2%
NAVY FEDERAL CREDIT UNION $115,000 n/a 0.2%
The Huntington National Bank $2,845,000 $115,000 -96.0% 0.2%
LOANDEPOT.COM, LLC $210,000 $105,000 -50.0% 0.2%
TOP FLITE FINANCIAL, INC. $95,000 n/a 0.2%
Deere Employees Credit Union $55,000 $85,000 54.5% 0.1%
First International Bank & Trust $760,000 $85,000 -88.8% 0.1%
Plains Commerce Bank $75,000 n/a 0.1%
Alerus Financial $145,000 $65,000 -55.2% 0.1%
Discover Bank $55,000 n/a 0.1%
Hometown Credit Union $185,000 $45,000 -75.7% 0.1%
Nations Lending Corporation $45,000 n/a 0.1%
Coastal Community Bank $25,000 n/a 0.0%

Jamestown's top lender by overall market share is FIRST COMMUNITY CREDIT UNION, with 19.8% market share. In second place, with 16.8%, is Unison Bank, having originated $10,475,000 in loans. In third place, with 12.0%, is Gate City Bank, having originated $7,505,000 in loans. In fourth place, with 10.4%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $6,470,000 in loans. In fifth place, with 8.3%, is Bremer Bank, having originated $5,150,000 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
Jamestown's median listing price for 2024-04-01 was $183,475, a difference of $3,575 (2.0%) versus the prior year and $9,025 versus the prior month.

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

Jamestown's average listing price for 2024-04-01 was $278,272, a difference of $15,230 (5.8%) versus the prior year and $23,592 versus the prior month.

For the 2024-04-01 period, Jamestown had 26 MLS listings, a difference of -2 listings (-7%) versus the prior month and 3 listings (13%) 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 2,190 sqft
2023-09-01 0 days 2,068 sqft
2023-10-01 0 days 1,946 sqft
2023-11-01 0 days 2,011 sqft
2023-12-01 0 days 2,026 sqft
2024-01-01 0 days 2,019 sqft
2024-02-01 0 days 1,927 sqft
2024-03-01 0 days 1,952 sqft
2024-04-01 0 days 2,117 sqft
Jamestown's median listing age (time on market) for 2024-04-01 was 0 days.

Jamestown's median square footage for active listings during the 2024-04-01 period was 2,117 sqft. One year prior, the average listing was 1,834 sqft.

Jamestown, ND Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 202 $45,960,000 $227,525
Cash Out Refi 51 $4,625,000 $90,686
Home Improvement 48 $4,210,000 $87,708
Refi 34 $5,360,000 $157,647
Other 25 $2,245,000 $89,800

Jamestown's most frequently cited loan purpose was Home Purchase, with 202 originations. The 2nd most popular reason was Cash Out Refi, with 51 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 116 $17,820,000 $153,621
7-8% 77 $13,875,000 $180,195
5-6% 43 $12,615,000 $293,372
Over 8% 40 $5,170,000 $129,250
3-4% 9 $575,000 $63,889
2.5-3% 3 $145,000 $48,333
4-5% 1 $205,000 $205,000

During 2023, Jamestown's most frequently originated rate bucket was 6-7%, with 116 originations.

Loan Sizing (Jamestown, ND MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 140 $7,470,000 $53,357
$100k-200k 131 $19,335,000 $147,595
$200k-400k 70 $18,970,000 $271,000
$400k-600k 9 $4,165,000 $462,778
$600k-1000k 6 $4,610,000 $768,333
$Over $1MM 4 $7,850,000 $1,962,500

Jamestown's loan sizing saw the bucket of loans from $100,000 or less with 140 originations, totaling $7,470,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 127 $23,845,000 $187,756
60-80% 56 $18,410,000 $328,750
Under 20% 43 $1,715,000 $39,884
20-40% 40 $3,620,000 $90,500
40-60% 22 $2,760,000 $125,455
Over 100% 1 $55,000 $55,000

Jamestown's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 127 originations, totaling $23,845,000 in origination value.