Kearney Mortgage Rates & Closing Costs

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  • Trends
  • Rates vs. Fees
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  • Market Share
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  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Kearney averaged 6.35% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

    The average rate for the prior week (2023-03-16) was 6.73% and one month ago for the week of 2023-02-16, the average rate was 6.25%.

    Kearney's average rate one year ago was 3.77%.

    For refis of the same type during the week of 2023-03-23, the average rate was 6.72%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-23 6.42%
    Kearney 30 Year Fixed Rate 2023-03-23 6.35%
    Kearney 30 Year Fixed Rate Refi 2023-03-23 6.72%
    Kearney 15 Year Fixed Rate 2023-03-23 5.94%
    Kearney 15 Year Fixed Rate Refi 2023-03-23 5.92%
    Kearney 30 Year FHA 2023-03-23 5.98%
    Kearney 30 Year FHA Refi 2023-03-23 6.06%
    Kearney 30 Year USDA 2023-03-23 5.91%
    Kearney 30 Year VA 2023-03-23 6.21%
    Kearney 30 Year VA Refi 2023-03-23 5.65%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Kearney, NE.

    Kearney 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 Kearney, NE 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
    Pinnacle Bank 105 4.77% $2,721
    First National Bank of Omaha 95 5.01% $3,323
    West Gate Bank 90 4.55% $2,506
    QUICKEN LOANS, LLC 22 4.98% $4,824
    Plains Commerce Bank 18 5.51% $4,120
    U.S. Bank 17 4.79% $2,926
    Five Points Bank 16 4.55% $1,964
    UNITED WHOLESALE MORTGAGE, LLC 10 5.53% $2,969
    Wells Fargo Bank 9 4.96% $3,247
    Exchange Bank 8 5.25% $2,307
    CHARTER WEST BANK 8 5.52% $3,400
    Capitol Federal Savings Bank 6 4.40% $3,712
    LOANDEPOT.COM, LLC 5 4.07% $6,501
    Equitable Bank 5 4.47% $2,104
    Farm Credit Mid-America, ACA 5 5.29% $12,347
    Home Federal Savings & Loan Association of Grand Island 4 5.41% $2,729
    JPMorgan Chase Bank 3 5.71% $1,375
    FREEDOM MORTGAGE CORPORATION 3 5.08% $5,451
    GERSHMAN INVESTMENT CORP. 3 5.96% $2,702
    Security First Bank 2 4.19% $1,821
    AMERISAVE MORTGAGE CORPORATION 2 4.88% $4,774
    Bank of the West 2 6.13% $5,778
    Core Bank 2 3.75% $2,197
    CROSSCOUNTRY MORTGAGE, LLC 2 6.26% $2,870
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 4.50% $3,664
    First Interstate Bank 2 4.88% $2,532
    First State Bank 2 3.94% $1,894
    HOME POINT FINANCIAL CORPORATION 2 4.56% $3,794
    Mid-America Bank 2 6.31% $2,038
    Mr. Cooper ( Nationstar Mortgage ) 2 4.50% $5,429
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.69% $6,601
    PENNYMAC LOAN SERVICES, LLC 2 6.31% $8,383
    PNC Bank 2 4.75% $2,232
    Heritage Bank 1 4.75% $6,323
    CMG MORTGAGE, INC. 1 6.38% $6,473
    Union Bank and Trust Company 1 5.50% $2,329
    Citizens Bank 1 3.88% $2,397
    Choice Financial Group 1 6.13% $6,757
    Bank of England 1 5.50% $7,578
    Mortgage Research Center, LLC 1 5.63% $2,440
    Bank of Colorado 1 5.50% $6,372
    M&T Bank 1 6.25% $5,907
    U.S. HOME MORTGAGE, INC. 1 3.88% $2,397
    NAVY FEDERAL CREDIT UNION 1 3.75% $1,624
    North American Savings Bank, F.S.B. 1 2.88% $5,144
    AMERICAN FINANCING CORPORATION 1 4.25% $3,453
    CANOPY MORTGAGE, LLC 1 2.75% $1,835
    BROKER SOLUTIONS, INC. 1 5.99% $4,852
    Ally Bank 1 5.25% $8,552
    Baxter Credit Union 1 4.88% $2,733
    21ST MORTGAGE CORPORATION 1 5.30% $6,416
    SUMMIT FUNDING, INC. 1 3.38% $3,061
    First State Bank of St. Charles, Missouri 1 5.99% $2,012
    First Nebraska Bank 1 4.13% $2,589
    Frontier Bank 1 5.49% $2,428
    Gateway First Bank 1 5.88% $3,270
    First Bank & Trust 1 5.88% $3,585
    Great Southern Bank 1 4.13% $2,214

    Kearney Average Closing Costs & Other Stats

    Kearney, NE's 58 lenders originated 1,054 loans during 2022. The total origination value was $228,830,000, with an average loan value of $217,106.

    Kearney's average closing costs are $3,278.

    The top Kearney lender as defined by loan originations is Pinnacle Bank, with 105 loans originated. Their average total fees are $2,721, which is $603 lower than the next largest lender, First National Bank of Omaha.

    The lowest fee Kearney lenders (with over 10 loans originated) are Five Points Bank ($1,964), West Gate Bank ($2,506), Pinnacle Bank ($2,721), U.S. Bank ($2,926) and UNITED WHOLESALE MORTGAGE, LLC ($2,969).

    The lowest rate Kearney lenders (with over 10 loans originated) are Five Points Bank (4.55%), West Gate Bank (4.55%), Pinnacle Bank (4.77%), U.S. Bank (4.79%) and QUICKEN LOANS, LLC (4.98%).

    Kearney, NE 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
    Pinnacle Bank $25,135,000 $45,125,000 79.5% 19.7%
    First National Bank of Omaha $69,510,000 $37,990,000 -45.3% 16.6%
    West Gate Bank $76,050,000 $29,000,000 -61.9% 12.7%
    Citibank $14,395,000 n/a 6.3%
    QUICKEN LOANS, LLC $21,355,000 $11,480,000 -46.2% 5.0%
    Exchange Bank $8,680,000 n/a 3.8%
    Five Points Bank $24,315,000 $7,780,000 -68.0% 3.4%
    U.S. Bank $9,475,000 $6,415,000 -32.3% 2.8%
    Plains Commerce Bank $2,150,000 $6,260,000 191.2% 2.7%
    First Interstate Bank $5,850,000 n/a 2.6%
    Wells Fargo Bank $12,150,000 $4,040,000 -66.7% 1.8%
    Farm Credit Mid-America, ACA $2,920,000 $3,695,000 26.5% 1.6%
    Mortgage Research Center, LLC $4,185,000 $3,195,000 -23.7% 1.4%
    Capitol Federal Savings Bank $3,130,000 n/a 1.4%
    UNITED WHOLESALE MORTGAGE, LLC $930,000 $2,985,000 221.0% 1.3%
    CHARTER WEST BANK $5,580,000 $2,875,000 -48.5% 1.3%
    AMERISAVE MORTGAGE CORPORATION $2,415,000 $2,150,000 -11.0% 0.9%
    JONES LANG LASALLE MULTIFAMILY, LLC $1,875,000 n/a 0.8%
    FREEDOM MORTGAGE CORPORATION $4,860,000 $1,780,000 -63.4% 0.8%
    LOANDEPOT.COM, LLC $1,995,000 $1,625,000 -18.5% 0.7%
    Equitable Bank $1,160,000 $1,385,000 19.4% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $840,000 $1,135,000 35.1% 0.5%
    MUTUAL OF OMAHA MORTGAGE, INC. $740,000 $1,085,000 46.6% 0.5%
    Bank of the West $1,360,000 $1,060,000 -22.1% 0.5%
    Core Bank $455,000 $950,000 108.8% 0.4%
    GERSHMAN INVESTMENT CORP. $1,135,000 $950,000 -16.3% 0.4%
    First Nebraska Bank $865,000 $920,000 6.4% 0.4%
    NEW DAY FINANCIAL, LLC $235,000 $845,000 259.6% 0.4%
    Great Southern Bank $485,000 $805,000 66.0% 0.4%
    Home Federal Savings & Loan Association of Grand Island $2,015,000 $765,000 -62.0% 0.3%
    PENNYMAC LOAN SERVICES, LLC $1,000,000 $715,000 -28.5% 0.3%
    JPMorgan Chase Bank $1,385,000 $710,000 -48.7% 0.3%
    Bank of Colorado $640,000 n/a 0.3%
    HOME POINT FINANCIAL CORPORATION $1,170,000 $635,000 -45.7% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $615,000 n/a 0.3%
    First State Bank $870,000 $585,000 -32.8% 0.3%
    NEWREZ LLC $690,000 $585,000 -15.2% 0.3%
    AMERICAN FINANCING CORPORATION $980,000 $515,000 -47.4% 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $650,000 $505,000 -22.3% 0.2%
    PNC Bank $475,000 n/a 0.2%
    NAVY FEDERAL CREDIT UNION $1,940,000 $470,000 -75.8% 0.2%
    Union Bank and Trust Company $1,665,000 $465,000 -72.1% 0.2%
    SUMMIT FUNDING, INC. $445,000 n/a 0.2%
    Mid-America Bank $235,000 $440,000 87.2% 0.2%
    Heritage Bank $425,000 n/a 0.2%
    North American Savings Bank, F.S.B. $255,000 $425,000 66.7% 0.2%
    BROKER SOLUTIONS, INC. $645,000 $410,000 -36.4% 0.2%
    Baxter Credit Union $345,000 $405,000 17.4% 0.2%
    Choice Financial Group $385,000 n/a 0.2%
    First State Bank of St. Charles, Missouri $385,000 n/a 0.2%
    Frontier Bank $445,000 $385,000 -13.5% 0.2%
    GUILD MORTGAGE COMPANY $380,000 n/a 0.2%
    Bank of England $740,000 $355,000 -52.0% 0.2%
    CLEARPATH LENDING $485,000 $355,000 -26.8% 0.2%
    MOVEMENT MORTGAGE, LLC $345,000 n/a 0.2%
    Ally Bank $840,000 $335,000 -60.1% 0.1%
    VILLAGE CAPITAL MORTGAGE $290,000 $330,000 13.8% 0.1%
    MORIA DEVELOPMENT, INC. $340,000 $305,000 -10.3% 0.1%
    21ST MORTGAGE CORPORATION $35,000 $285,000 714.3% 0.1%
    CANOPY MORTGAGE, LLC $275,000 n/a 0.1%
    USAA Federal Savings Bank $790,000 $275,000 -65.2% 0.1%
    Security First Bank $1,605,000 $270,000 -83.2% 0.1%
    CALIBER HOME LOANS, INC. $740,000 $265,000 -64.2% 0.1%
    GUARANTEED RATE, INC. $545,000 $265,000 -51.4% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $560,000 $265,000 -52.7% 0.1%
    CASTLE & COOKE MORTGAGE, LLC $1,220,000 $260,000 -78.7% 0.1%
    PREMIA MORTGAGE, LLC $235,000 n/a 0.1%
    Truist $235,000 n/a 0.1%
    Citizens Bank $750,000 $205,000 -72.7% 0.1%
    CMG MORTGAGE, INC. $1,210,000 $205,000 -83.1% 0.1%
    U.S. HOME MORTGAGE, INC. $205,000 n/a 0.1%
    POLARIS HOME FUNDING CORP. $195,000 $195,000 0.0% 0.1%
    Central National Bank $1,100,000 $165,000 -85.0% 0.1%
    Figure Lending LLC $45,000 $155,000 244.4% 0.1%
    CHERRY CREEK MORTGAGE, LLC $150,000 n/a 0.1%
    First Bank & Trust $145,000 n/a 0.1%
    HOMESTAR FINANCIAL CORPORATION $145,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $115,000 $135,000 17.4% 0.1%
    Cornerstone Bank $290,000 $135,000 -53.4% 0.1%
    M&T Bank $205,000 $135,000 -34.1% 0.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $395,000 $125,000 -68.4% 0.1%
    Discover Bank $135,000 $115,000 -14.8% 0.1%
    Lincoln FSB of Nebraska $1,530,000 $115,000 -92.5% 0.1%
    THRIVENT Federal Credit Union $105,000 n/a 0.0%
    Great Western Bank $3,845,000 $100,000 -97.4% 0.0%
    SPRING EQ, LLC $85,000 n/a 0.0%
    TRIAD FINANCIAL SERVICES, INC. $85,000 n/a 0.0%
    BANKWEST, INC. $485,000 $70,000 -85.6% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $55,000 n/a 0.0%
    Gateway First Bank $655,000 $55,000 -91.6% 0.0%
    AMERICAN ADVISORS GROUP $100,000 $40,000 -60.0% 0.0%
    Northpointe Bank $320,000 $25,000 -92.2% 0.0%

    Kearney's top lender by overall market share is Pinnacle Bank, with 19.7% market share. In second place, with 16.6%, is First National Bank of Omaha, having originated $37,990,000 in loans. In third place, with 12.7%, is West Gate Bank, having originated $29,000,000 in loans. In fourth place, with 6.3%, is Citibank, having originated $14,395,000 in loans. In fifth place, with 5.0%, is QUICKEN LOANS, LLC, having originated $11,480,000 in loans.

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

    Realtor.com - Kearney (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 $201,650 (-6.5%) $243,191 (7.5%) 0.00 132
    2018-02-01 $206,725 (1.6%) $244,694 (4.7%) 0.00 135
    2018-03-01 $225,000 (14.4%) $254,100 (6.8%) 0.00 132
    2018-04-01 $217,425 (10.1%) $248,589 (4.2%) 0.00 139
    2018-05-01 $230,750 (3.7%) $259,462 (1.5%) 0.00 142
    2018-06-01 $234,950 (1.3%) $266,041 (-2.3%) 0.00 157
    2018-07-01 $229,650 (0.6%) $268,691 (-0.3%) 0.00 156
    2018-08-01 $220,000 (-5.4%) $256,871 (-3.1%) 0.00 159
    2018-09-01 $219,900 (-6.8%) $247,433 (-7.8%) 0.00 160
    2018-10-01 $218,925 (-1.7%) $244,147 (-6.6%) 0.00 174
    2018-11-01 $214,225 (-2.5%) $239,581 (-5.6%) 0.00 172
    2018-12-01 $200,000 (-2.4%) $231,729 (-7.3%) 0.00 174
    2019-01-01 $195,400 (-3.1%) $225,739 (-7.2%) 0.00 169
    2019-02-01 $197,175 (-4.6%) $228,630 (-6.6%) 0.00 165
    2019-03-01 $218,514 (-2.9%) $239,372 (-5.8%) 0.00 166
    2019-04-01 $228,575 (5.1%) $242,897 (-2.3%) 0.00 174
    2019-05-01 $219,375 (-4.9%) $236,495 (-8.9%) 0.00 172
    2019-06-01 $225,000 (-4.2%) $245,272 (-7.8%) 0.00 166
    2019-07-01 $229,225 (-0.2%) $244,328 (-9.1%) 0.00 154
    2019-08-01 $228,209 (3.7%) $242,265 (-5.7%) 0.00 154
    2019-09-01 $226,348 (2.9%) $243,964 (-1.4%) 0.00 151
    2019-10-01 $224,900 (2.7%) $243,243 (-0.4%) 0.00 148
    2019-11-01 $219,000 (2.2%) $239,475 (0.0%) 0.00 133
    2019-12-01 $214,900 (7.5%) $232,429 (0.3%) 0.00 128
    2020-01-01 $209,950 (7.5%) $224,656 (-0.5%) 0.00 121
    2020-02-01 $198,250 (0.6%) $224,641 (-1.8%) 0.00 103
    2020-03-01 $209,900 (-3.9%) $236,357 (-1.3%) 0.00 97
    2020-04-01 $209,425 (-8.4%) $243,672 (0.3%) 0.00 102
    2020-05-01 $242,500 (10.5%) $265,009 (12.1%) 0.00 90
    2020-06-01 $255,650 (13.6%) $284,091 (15.8%) 0.00 85
    2020-07-01 $257,725 (12.4%) $289,643 (18.6%) 0.00 81
    2020-08-01 $254,950 (11.7%) $277,951 (14.7%) 0.00 86
    2020-09-01 $216,075 (-4.5%) $246,315 (1.0%) 0.00 63
    2020-10-01 $213,500 (-5.1%) $250,616 (3.0%) 0.00 67
    2020-11-01 $230,950 (5.5%) $267,408 (11.7%) 0.00 63
    2020-12-01 $234,950 (9.3%) $275,560 (18.6%) 0.00 53
    2021-01-01 $239,900 (14.3%) $300,959 (34.0%) 0.00 37
    2021-02-01 $281,225 (41.9%) $312,013 (38.9%) 0.00 38
    2021-03-01 $274,950 (31.0%) $318,012 (34.6%) 0.00 34
    2021-04-01 $333,250 (59.1%) $368,245 (51.1%) 0.00 26
    2021-05-01 $266,200 (9.8%) $352,223 (32.9%) 0.00 31
    2021-06-01 $241,675 (-5.5%) $341,510 (20.2%) 0.00 39
    2021-07-01 $259,900 (0.8%) $358,854 (23.9%) 0.00 41
    2021-08-01 $266,875 (4.7%) $369,204 (32.8%) 0.00 45
    2021-09-01 $249,975 (15.7%) $352,455 (43.1%) 0.00 51
    2021-10-01 $284,900 (33.4%) $335,290 (33.8%) 0.00 51
    2021-11-01 $244,250 (5.8%) $292,621 (9.4%) 0.00 61
    2021-12-01 $265,925 (13.2%) $288,324 (4.6%) 0.00 48
    2022-01-01 $269,000 (12.1%) $289,003 (-4.0%) 0.00 37
    2022-02-01 $284,600 (1.2%) $303,093 (-2.9%) 0.00 30
    2022-03-01 $315,000 (14.6%) $317,012 (-0.3%) 0.00 27
    2022-04-01 $317,500 (-4.7%) $313,704 (-14.8%) 0.00 29
    2022-05-01 $267,450 (0.5%) $304,443 (-13.6%) 0.00 37
    2022-06-01 $329,700 (36.4%) $362,907 (6.3%) 0.00 51
    2022-07-01 $329,700 (26.9%) $371,997 (3.7%) 0.00 60
    2022-08-01 $284,900 (6.8%) $352,474 (-4.5%) 0.00 69
    2022-09-01 $284,800 (13.9%) $342,308 (-2.9%) 0.00 77
    2022-10-01 $312,900 (9.8%) $352,179 (5.0%) 0.00 76
    2022-11-01 $319,900 (31.0%) $354,005 (21.0%) 0.00 71
    2022-12-01 $319,900 (20.3%) $335,388 (16.3%) 0.00 61
    2023-01-01 $322,900 (20.0%) $323,943 (12.1%) 0.00 56
    2023-02-01 $346,225 (21.7%) $331,555 (9.4%) 0.00 47
    Kearney's median listing price for 2023-02-01 was $346,225, a difference of $61,625 (21.7%) versus the prior year and $23,325 versus the prior month.

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

    Kearney's average listing price for 2023-02-01 was $331,555, a difference of $28,462 (9.4%) versus the prior year and $7,612 versus the prior month.

    For the 2023-02-01 period, Kearney had 47 MLS listings, a difference of -9 listings (-16%) versus the prior month and 17 listings (57%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Kearney (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,454 sqft
    2018-02-01 0 days 2,490 sqft
    2018-03-01 0 days 2,659 sqft
    2018-04-01 0 days 2,401 sqft
    2018-05-01 0 days 2,693 sqft
    2018-06-01 0 days 2,744 sqft
    2018-07-01 0 days 2,673 sqft
    2018-08-01 0 days 2,562 sqft
    2018-09-01 0 days 2,544 sqft
    2018-10-01 0 days 2,540 sqft
    2018-11-01 0 days 2,496 sqft
    2018-12-01 0 days 2,464 sqft
    2019-01-01 0 days 2,404 sqft
    2019-02-01 0 days 2,434 sqft
    2019-03-01 0 days 2,546 sqft
    2019-04-01 0 days 2,540 sqft
    2019-05-01 0 days 2,511 sqft
    2019-06-01 0 days 2,544 sqft
    2019-07-01 0 days 2,580 sqft
    2019-08-01 0 days 2,564 sqft
    2019-09-01 0 days 2,564 sqft
    2019-10-01 0 days 2,563 sqft
    2019-11-01 0 days 2,520 sqft
    2019-12-01 0 days 2,520 sqft
    2020-01-01 0 days 2,444 sqft
    2020-02-01 0 days 2,356 sqft
    2020-03-01 0 days 2,349 sqft
    2020-04-01 0 days 2,588 sqft
    2020-05-01 0 days 2,602 sqft
    2020-06-01 0 days 2,645 sqft
    2020-07-01 0 days 2,696 sqft
    2020-08-01 0 days 2,688 sqft
    2020-09-01 0 days 2,514 sqft
    2020-10-01 0 days 2,520 sqft
    2020-11-01 0 days 2,507 sqft
    2020-12-01 0 days 2,520 sqft
    2021-01-01 0 days 2,704 sqft
    2021-02-01 0 days 2,920 sqft
    2021-03-01 0 days 2,886 sqft
    2021-04-01 0 days 3,168 sqft
    2021-05-01 0 days 2,746 sqft
    2021-06-01 0 days 2,608 sqft
    2021-07-01 0 days 2,621 sqft
    2021-08-01 0 days 2,706 sqft
    2021-09-01 0 days 2,648 sqft
    2021-10-01 0 days 2,740 sqft
    2021-11-01 0 days 2,602 sqft
    2021-12-01 0 days 2,597 sqft
    2022-01-01 0 days 2,760 sqft
    2022-02-01 0 days 2,707 sqft
    2022-03-01 0 days 2,585 sqft
    2022-04-01 0 days 2,548 sqft
    2022-05-01 0 days 2,548 sqft
    2022-06-01 0 days 2,576 sqft
    2022-07-01 0 days 2,576 sqft
    2022-08-01 0 days 2,572 sqft
    2022-09-01 0 days 2,566 sqft
    2022-10-01 0 days 2,734 sqft
    2022-11-01 0 days 2,725 sqft
    2022-12-01 0 days 2,667 sqft
    2023-01-01 0 days 2,543 sqft
    2023-02-01 0 days 2,555 sqft
    Kearney's median listing age (time on market) for 2023-02-01 was 0 days.

    Kearney's median square footage for active listings during the 2023-02-01 period was 2,555 sqft. One year prior, the average listing was 2,707 sqft.

    Kearney, NE Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 648 $153,060,000 $236,204
    Cash Out Refi 142 $27,890,000 $196,408
    Refi 137 $25,155,000 $183,613
    Other 66 $5,100,000 $77,273
    Home Improvement 61 $17,625,000 $288,934

    Kearney's most frequently cited loan purpose was Home Purchase, with 648 originations. The 2nd most popular reason was Cash Out Refi, with 142 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 289 $71,575,000 $247,664
    4-5% 241 $48,905,000 $202,925
    3-4% 226 $53,740,000 $237,788
    6-7% 142 $25,310,000 $178,239
    2.5-3% 65 $15,205,000 $233,923
    <2.5% 46 $8,710,000 $189,348
    7-8% 33 $4,735,000 $143,485
    Over 8% 12 $650,000 $54,167

    During 2022, Kearney's most frequently originated rate bucket was 5-6%, with 289 originations.

    Loan Sizing (Kearney, NE MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 382 $56,830,000 $148,770
    $200k-400k 353 $96,125,000 $272,309
    $100,000 or less 235 $12,205,000 $51,936
    $400k-600k 56 $26,660,000 $476,071
    $600k-1000k 21 $14,925,000 $710,714
    $Over $1MM 7 $22,085,000 $3,155,000

    Kearney's loan sizing saw the bucket of loans from $100k-200k with 382 originations, totaling $56,830,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 415 $100,015,000 $241,000
    60-80% 286 $73,720,000 $257,762
    40-60% 114 $31,270,000 $274,298
    Under 20% 110 $5,070,000 $46,091
    20-40% 104 $16,240,000 $156,154
    Over 100% 7 $1,705,000 $243,571

    Kearney's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 415 originations, totaling $100,015,000 in origination value.