Las Vegas Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Las Vegas averaged 7.46% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 7.5% and one month ago for the week of 2024-05-02, the average rate was 7.39%.

Las Vegas's average rate one year ago was 6.96%.

For refis of the same type during the week of 2024-06-06, the average rate was 7.59%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Las Vegas 30 Year Fixed Rate 2024-06-06 7.46%
Las Vegas 30 Year Fixed Rate Refi 2024-06-06 7.59%
Las Vegas 15 Year Fixed Rate 2024-06-06 6.19%
Las Vegas 15 Year Fixed Rate Refi 2024-06-06 6.59%
Las Vegas 30 Year FHA 2024-06-06 6.79%
Las Vegas 30 Year FHA Refi 2024-06-06 6.89%
Las Vegas 30 Year USDA 2024-06-06 6.8%
Las Vegas 30 Year USDA Refi 2024-06-06 6.5%
Las Vegas 30 Year VA 2024-06-06 6.49%
Las Vegas 30 Year VA Refi 2024-06-06 6.39%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Las Vegas, NM.

Las Vegas 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 Las Vegas, NM 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
QUICKEN LOANS, LLC 16 6.96% $6,097
Waterstone Mortgage Corporation 9 7.02% $7,751
21ST MORTGAGE CORPORATION 6 7.68% $6,656
DIRECTORS MORTGAGE, INC. 5 6.77% $8,238
Gateway First Bank 4 7.31% $6,362
BOKF 3 7.13% $8,397
NUSENDA 3 6.79% $2,974
GUADALUPE CREDIT UNION 3 10.36% $4,926
CROSSCOUNTRY MORTGAGE, LLC 3 6.48% $5,999
UNION HOME MORTGAGE CORP. 3 6.63% $6,039
ZILLOW HOME LOANS, LLC 2 7.31% $4,052
LOANDEPOT.COM, LLC 2 6.81% $10,389
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 7.63% $8,135
UNITED WHOLESALE MORTGAGE, LLC 2 7.06% $6,057
USAA Federal Savings Bank 2 6.88% $3,717
Wells Fargo Bank 2 6.25% $6,390
Kirtland Federal Credit Union 1 5.13% $3,377
Amalgamated Bank 1 5.50% $2,469
Nations Lending Corporation 1 7.88% $6,496
Northpointe Bank 1 6.75% $4,811
CALIBER HOME LOANS, INC. 1 6.99% $3,532
Access Community Credit Union 1 6.25% $3,245
Bell Bank 1 8.38% $11,188
Sunflower Bank 1 7.25% $3,956
Amarillo National Bank 1 8.00% $2,964
FREEDOM MORTGAGE CORPORATION 1 6.38% $5,694
Farm Credit Mid-America, ACA 1 6.50% $5,068
Century Mortgage Company DBA Century Lending Company 1 6.50% $7,087
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.99% $4,838
JPMorgan Chase Bank 1 6.88% $10,993

Las Vegas Average Closing Costs & Other Stats

Las Vegas, NM's 30 lenders originated 282 loans during 2023. The total origination value was $53,670,000, with an average loan value of $190,319.

Las Vegas's average closing costs are $5,851.

The top Las Vegas lender as defined by loan originations is QUICKEN LOANS, LLC, with 16 loans originated. Their average total fees are $6,097, which is $1,653 lower than the next largest lender, Waterstone Mortgage Corporation.

The lowest fee Las Vegas lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($6,097), .

The lowest rate Las Vegas lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.96%), .

Las Vegas, NM 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
QUICKEN LOANS, LLC $4,875,000 $5,125,000 5.1% 9.5%
Prudential Huntoon Paige Associates, LLC $4,685,000 n/a 8.7%
21ST MORTGAGE CORPORATION $4,870,000 $4,145,000 -14.9% 7.7%
Waterstone Mortgage Corporation $1,875,000 $2,990,000 59.5% 5.6%
Mortgage Research Center, LLC $1,275,000 $2,760,000 116.5% 5.1%
STATE EMPLOYEES $4,215,000 $2,265,000 -46.3% 4.2%
DIRECTORS MORTGAGE, INC. $1,885,000 n/a 3.5%
Gateway First Bank $1,625,000 $1,885,000 16.0% 3.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,340,000 $1,800,000 -23.1% 3.4%
CROSSCOUNTRY MORTGAGE, LLC $2,420,000 $1,635,000 -32.4% 3.0%
UNITED WHOLESALE MORTGAGE, LLC $2,670,000 $1,505,000 -43.6% 2.8%
BOKF $1,330,000 n/a 2.5%
GUADALUPE CREDIT UNION $870,000 $1,295,000 48.9% 2.4%
UNION HOME MORTGAGE CORP. $340,000 $1,190,000 250.0% 2.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $195,000 $1,095,000 461.5% 2.0%
GUILD MORTGAGE COMPANY $1,375,000 $1,070,000 -22.2% 2.0%
LOANDEPOT.COM, LLC $1,600,000 $995,000 -37.8% 1.9%
Nations Lending Corporation $240,000 $965,000 302.1% 1.8%
CARDINAL FINANCIAL $580,000 $870,000 50.0% 1.6%
BROKER SOLUTIONS, INC. $830,000 $735,000 -11.4% 1.4%
CREDIT HUMAN FEDERAL CREDIT UNION $195,000 $725,000 271.8% 1.4%
USAA Federal Savings Bank $645,000 $695,000 7.8% 1.3%
Commerce Home Mortgage, Inc. $685,000 $685,000 0.0% 1.3%
Northpointe Bank $640,000 n/a 1.2%
NUSENDA $915,000 $605,000 -33.9% 1.1%
Sunflower Bank $95,000 $525,000 452.6% 1.0%
Del Norte Credit Union $670,000 $510,000 -23.9% 1.0%
NAVY FEDERAL CREDIT UNION $740,000 $470,000 -36.5% 0.9%
Access Community Credit Union $465,000 n/a 0.9%
The First National Bank of Sonora $435,000 n/a 0.8%
Wells Fargo Bank $1,305,000 $425,000 -67.4% 0.8%
Bell Bank $1,460,000 $385,000 -73.6% 0.7%
CALIBER HOME LOANS, INC. $265,000 $385,000 45.3% 0.7%
JPMorgan Chase Bank $615,000 $385,000 -37.4% 0.7%
AMERICAN FINANCIAL RESOURCES, INC. $510,000 $345,000 -32.4% 0.6%
CMG MORTGAGE, INC. $155,000 $325,000 109.7% 0.6%
U.S. EAGLE $195,000 $300,000 53.8% 0.6%
Century Mortgage Company DBA Century Lending Company $295,000 n/a 0.5%
Amarillo National Bank $265,000 n/a 0.5%
COUNTRYPLACE MORTGAGE, LTD. $245,000 n/a 0.5%
SOUTHWEST STAGE FUNDING, LLC $1,020,000 $240,000 -76.5% 0.4%
ZILLOW HOME LOANS, LLC $240,000 n/a 0.4%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $235,000 n/a 0.4%
Farm Credit Mid-America, ACA $205,000 n/a 0.4%
USAlliance Federal Credit Union $195,000 n/a 0.4%
Prosperity Home Mortgage, LLC $185,000 n/a 0.3%
LIMA ONE CAPITAL, LLC $175,000 n/a 0.3%
PHH Mortgage Corporation $145,000 $175,000 20.7% 0.3%
AMCAP MORTGAGE, LTD. $165,000 n/a 0.3%
Amalgamated Bank $155,000 n/a 0.3%
Carrington Mortgage Services, LLC $75,000 $150,000 100.0% 0.3%
Kirtland Federal Credit Union $150,000 n/a 0.3%
FREEDOM MORTGAGE CORPORATION $615,000 $145,000 -76.4% 0.3%
LOANPAL, LLC $625,000 $145,000 -76.8% 0.3%
PENNYMAC LOAN SERVICES, LLC $535,000 $145,000 -72.9% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $370,000 $140,000 -62.2% 0.3%
TRIAD FINANCIAL SERVICES, INC. $145,000 $135,000 -6.9% 0.3%
GRANITE FEDERAL CREDIT UNION $125,000 n/a 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $195,000 $125,000 -35.9% 0.2%
Wallick & Volk, Inc. $120,000 n/a 0.2%
PNC Bank $15,000 $105,000 600.0% 0.2%
SANDIA LABORATORY $135,000 $85,000 -37.0% 0.2%
Enterprise Bank & Trust $640,000 $75,000 -88.3% 0.1%
Bank of America $585,000 $55,000 -90.6% 0.1%
Flagstar Bank, FSB $175,000 $25,000 -85.7% 0.0%

Las Vegas's top lender by overall market share is QUICKEN LOANS, LLC, with 9.5% market share. In second place, with 8.7%, is Prudential Huntoon Paige Associates, LLC, having originated $4,685,000 in loans. In third place, with 7.7%, is 21ST MORTGAGE CORPORATION, having originated $4,145,000 in loans. In fourth place, with 5.6%, is Waterstone Mortgage Corporation, having originated $2,990,000 in loans. In fifth place, with 5.1%, is Mortgage Research Center, LLC, having originated $2,760,000 in loans.


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

Realtor.com - Las Vegas (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 $215,750 (7.9%) $377,172 (-2.9%) 0.00 188
2018-02-01 $218,000 (9.0%) $371,245 (-3.8%) 0.00 179
2018-03-01 $225,000 (9.8%) $362,291 (-8.2%) 0.00 178
2018-04-01 $221,375 (10.7%) $368,056 (-3.6%) 0.00 188
2018-05-01 $218,375 (9.2%) $347,719 (-10.7%) 0.00 203
2018-06-01 $220,000 (4.9%) $348,602 (-10.3%) 0.00 222
2018-07-01 $224,875 (12.7%) $358,708 (-4.4%) 0.00 225
2018-08-01 $223,000 (12.1%) $333,573 (-10.4%) 0.00 235
2018-09-01 $239,500 (20.4%) $341,520 (-9.8%) 0.00 220
2018-10-01 $234,975 (18.7%) $339,294 (-8.1%) 0.00 220
2018-11-01 $230,000 (15.4%) $345,494 (-9.7%) 0.00 208
2018-12-01 $237,000 (19.0%) $336,895 (-10.3%) 0.00 197
2019-01-01 $240,000 (11.2%) $346,495 (-8.1%) 0.00 180
2019-02-01 $236,000 (8.3%) $344,222 (-7.3%) 0.00 178
2019-03-01 $227,286 (1.0%) $335,473 (-7.4%) 0.00 182
2019-04-01 $218,000 (-1.5%) $328,275 (-10.8%) 0.00 190
2019-05-01 $227,000 (4.0%) $327,616 (-5.8%) 0.00 194
2019-06-01 $227,000 (3.2%) $324,534 (-6.9%) 0.00 197
2019-07-01 $225,000 (0.1%) $324,006 (-9.7%) 0.00 200
2019-08-01 $230,455 (3.3%) $332,690 (-0.3%) 0.00 193
2019-09-01 $238,636 (-0.4%) $342,702 (0.4%) 0.00 184
2019-10-01 $244,091 (3.9%) $349,377 (3.0%) 0.00 178
2019-11-01 $247,000 (7.4%) $349,314 (1.1%) 0.00 167
2019-12-01 $240,000 (1.3%) $347,281 (3.1%) 0.00 162
2020-01-01 $231,000 (-3.8%) $343,291 (-0.9%) 0.00 149
2020-02-01 $245,000 (3.8%) $361,477 (5.0%) 0.00 142
2020-03-01 $247,000 (8.7%) $349,157 (4.1%) 0.00 134
2020-04-01 $242,925 (11.4%) $333,828 (1.7%) 0.00 130
2020-05-01 $245,000 (7.9%) $333,441 (1.8%) 0.00 128
2020-06-01 $249,750 (10.0%) $358,132 (10.4%) 0.00 123
2020-07-01 $249,475 (10.9%) $368,073 (13.6%) 0.00 120
2020-08-01 $279,000 (21.1%) $390,641 (17.4%) 0.00 124
2020-09-01 $278,125 (16.6%) $389,166 (13.6%) 0.00 133
2020-10-01 $271,950 (11.4%) $388,230 (11.1%) 0.00 133
2020-11-01 $276,125 (11.8%) $468,618 (34.2%) 0.00 120
2020-12-01 $272,250 (13.4%) $485,460 (39.8%) 0.00 107
2021-01-01 $279,500 (21.0%) $507,224 (47.8%) 0.00 94
2021-02-01 $276,100 (12.7%) $501,469 (38.7%) 0.00 81
2021-03-01 $277,250 (12.3%) $514,608 (47.4%) 0.00 76
2021-04-01 $299,875 (23.4%) $523,525 (56.8%) 0.00 73
2021-05-01 $287,250 (17.2%) $518,048 (55.4%) 0.00 75
2021-06-01 $293,250 (17.4%) $528,697 (47.6%) 0.00 78
2021-07-01 $289,000 (15.8%) $518,767 (40.9%) 0.00 77
2021-08-01 $312,500 (12.0%) $494,198 (26.5%) 0.00 72
2021-09-01 $346,250 (24.5%) $461,716 (18.6%) 0.00 63
2021-10-01 $325,000 (19.5%) $450,350 (16.0%) 0.00 56
2021-11-01 $259,000 (-6.2%) $400,399 (-14.6%) 0.00 51
2021-12-01 $248,750 (-8.6%) $387,966 (-20.1%) 0.00 46
2022-01-01 $230,000 (-17.7%) $348,160 (-31.4%) 0.00 38
2022-02-01 $230,000 (-16.7%) $349,369 (-30.3%) 0.00 43
2022-03-01 $212,750 (-23.3%) $349,589 (-32.1%) 0.00 42
2022-04-01 $220,000 (-26.6%) $361,512 (-31.0%) 0.00 39
2022-05-01 $249,225 (-13.2%) $455,762 (-12.0%) 0.00 41
2022-06-01 $254,000 (-13.4%) $441,204 (-16.6%) 0.00 48
2022-07-01 $249,900 (-13.5%) $441,984 (-14.8%) 0.00 53
2022-08-01 $273,500 (-12.5%) $459,578 (-7.0%) 0.00 55
2022-09-01 $284,000 (-18.0%) $474,725 (2.8%) 0.00 60
2022-10-01 $299,999 (-7.7%) $484,170 (7.5%) 0.00 65
2022-11-01 $289,500 (11.8%) $482,793 (20.6%) 0.00 69
2022-12-01 $265,000 (6.5%) $466,964 (20.4%) 0.00 72
2023-01-01 $255,400 (11.0%) $452,845 (30.1%) 0.00 73
2023-02-01 $265,000 (15.2%) $453,876 (29.9%) 0.00 69
2023-03-01 $265,000 (24.6%) $409,839 (17.2%) 0.00 69
2023-04-01 $270,000 (22.7%) $404,709 (12.0%) 0.00 65
2023-05-01 $238,250 (-4.4%) $376,170 (-17.5%) 0.00 67
2023-06-01 $292,000 (15.0%) $434,571 (-1.5%) 0.00 69
2023-07-01 $285,000 (14.1%) $435,404 (-1.5%) 0.00 79
2023-08-01 $280,000 (2.4%) $537,277 (16.9%) 0.00 76
2023-09-01 $285,000 (0.4%) $573,895 (20.9%) 0.00 74
2023-10-01 $314,500 (4.8%) $693,516 (43.2%) 0.00 73
2023-11-01 $345,000 (19.2%) $707,889 (46.6%) 0.00 68
2023-12-01 $427,500 (61.3%) $773,369 (65.6%) 0.00 64
2024-01-01 $375,000 (46.8%) $720,322 (59.1%) 0.00 64
2024-02-01 $362,250 (36.7%) $718,932 (58.4%) 0.00 56
2024-03-01 $360,000 (35.9%) $773,116 (88.6%) 0.00 52
2024-04-01 $314,750 (16.6%) $621,555 (53.6%) 0.00 56
2024-05-01 $373,725 (56.9%) $640,665 (70.3%) 0.00 57
Las Vegas's median listing price for 2024-05-01 was $373,725, a difference of $135,475 (56.9%) versus the prior year and $58,975 versus the prior month.

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

Las Vegas's average listing price for 2024-05-01 was $640,665, a difference of $264,495 (70.3%) versus the prior year and $19,110 versus the prior month.

For the 2024-05-01 period, Las Vegas had 57 MLS listings, a difference of 1 listings (2%) versus the prior month and -10 listings (-15%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Las Vegas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,805 sqft
2018-02-01 0 days 1,800 sqft
2018-03-01 0 days 1,784 sqft
2018-04-01 0 days 1,830 sqft
2018-05-01 0 days 1,838 sqft
2018-06-01 0 days 1,829 sqft
2018-07-01 0 days 1,843 sqft
2018-08-01 0 days 1,831 sqft
2018-09-01 0 days 1,847 sqft
2018-10-01 0 days 1,810 sqft
2018-11-01 0 days 1,840 sqft
2018-12-01 0 days 1,839 sqft
2019-01-01 0 days 1,840 sqft
2019-02-01 0 days 1,818 sqft
2019-03-01 0 days 1,811 sqft
2019-04-01 0 days 1,789 sqft
2019-05-01 0 days 1,769 sqft
2019-06-01 0 days 1,775 sqft
2019-07-01 0 days 1,783 sqft
2019-08-01 0 days 1,790 sqft
2019-09-01 0 days 1,789 sqft
2019-10-01 0 days 1,789 sqft
2019-11-01 0 days 1,751 sqft
2019-12-01 0 days 1,762 sqft
2020-01-01 0 days 1,709 sqft
2020-02-01 0 days 1,700 sqft
2020-03-01 0 days 1,712 sqft
2020-04-01 0 days 1,693 sqft
2020-05-01 0 days 1,708 sqft
2020-06-01 0 days 1,814 sqft
2020-07-01 0 days 1,905 sqft
2020-08-01 0 days 2,000 sqft
2020-09-01 0 days 1,835 sqft
2020-10-01 0 days 1,810 sqft
2020-11-01 0 days 1,850 sqft
2020-12-01 0 days 1,940 sqft
2021-01-01 0 days 1,922 sqft
2021-02-01 0 days 1,769 sqft
2021-03-01 0 days 1,916 sqft
2021-04-01 0 days 2,012 sqft
2021-05-01 0 days 1,998 sqft
2021-06-01 0 days 2,035 sqft
2021-07-01 0 days 2,000 sqft
2021-08-01 0 days 2,015 sqft
2021-09-01 0 days 2,001 sqft
2021-10-01 0 days 2,001 sqft
2021-11-01 0 days 1,778 sqft
2021-12-01 0 days 1,778 sqft
2022-01-01 0 days 1,914 sqft
2022-02-01 0 days 1,757 sqft
2022-03-01 0 days 1,652 sqft
2022-04-01 0 days 1,568 sqft
2022-05-01 0 days 1,647 sqft
2022-06-01 0 days 1,685 sqft
2022-07-01 0 days 1,603 sqft
2022-08-01 0 days 1,511 sqft
2022-09-01 0 days 1,532 sqft
2022-10-01 0 days 1,603 sqft
2022-11-01 0 days 1,657 sqft
2022-12-01 0 days 1,620 sqft
2023-01-01 0 days 1,603 sqft
2023-02-01 0 days 1,657 sqft
2023-03-01 0 days 1,694 sqft
2023-04-01 0 days 1,600 sqft
2023-05-01 0 days 1,552 sqft
2023-06-01 0 days 1,577 sqft
2023-07-01 0 days 1,600 sqft
2023-08-01 0 days 1,605 sqft
2023-09-01 0 days 1,695 sqft
2023-10-01 0 days 1,819 sqft
2023-11-01 0 days 1,851 sqft
2023-12-01 0 days 2,079 sqft
2024-01-01 0 days 2,081 sqft
2024-02-01 0 days 1,995 sqft
2024-03-01 0 days 1,800 sqft
2024-04-01 0 days 1,716 sqft
2024-05-01 0 days 1,879 sqft
Las Vegas's median listing age (time on market) for 2024-05-01 was 0 days.

Las Vegas's median square footage for active listings during the 2024-05-01 period was 1,879 sqft. One year prior, the average listing was 1,552 sqft.

Las Vegas, NM Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 186 $37,450,000 $201,344
Cash Out Refi 47 $10,815,000 $230,106
Refi 32 $4,130,000 $129,063
Other 13 $1,025,000 $78,846
Home Improvement 4 $250,000 $62,500

Las Vegas's most frequently cited loan purpose was Home Purchase, with 186 originations. The 2nd most popular reason was Cash Out Refi, with 47 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 91 $18,735,000 $205,879
7-8% 71 $15,925,000 $224,296
Over 8% 67 $8,285,000 $123,657
5-6% 45 $8,805,000 $195,667
4-5% 3 $695,000 $231,667
<2.5% 1 $5,000 $5,000

During 2023, Las Vegas's most frequently originated rate bucket was 6-7%, with 91 originations.

Loan Sizing (Las Vegas, NM MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 112 $16,430,000 $146,696
$100,000 or less 79 $4,395,000 $55,633
$200k-400k 75 $20,775,000 $277,000
$400k-600k 14 $6,480,000 $462,857
$600k-1000k 1 $905,000 $905,000
$Over $1MM 1 $4,685,000 $4,685,000

Las Vegas's loan sizing saw the bucket of loans from $100k-200k with 112 originations, totaling $16,430,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 118 $24,180,000 $204,915
60-80% 63 $13,635,000 $216,429
20-40% 29 $2,735,000 $94,310
40-60% 28 $8,340,000 $297,857
Under 20% 18 $520,000 $28,889
Over 100% 9 $2,115,000 $235,000

Las Vegas's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 118 originations, totaling $24,180,000 in origination value.