Liberal Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Liberal averaged 6.37% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 6.59% and one month ago for the week of 2023-04-20, the average rate was 6.59%.

    Liberal's average rate one year ago was 5.35%.

    For refis of the same type during the week of 2023-05-25, the average rate was 6.47%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Liberal 30 Year Fixed Rate 2023-05-25 6.37%
    Liberal 30 Year Fixed Rate Refi 2023-05-25 6.47%
    Liberal 15 Year Fixed Rate 2023-05-25 6.07%
    Liberal 15 Year Fixed Rate Refi 2023-05-25 6.57%
    Liberal 30 Year FHA 2023-05-25 6.41%
    Liberal 30 Year FHA Refi 2023-05-25 6.71%
    Liberal 30 Year USDA 2023-05-25 6.43%
    Liberal 30 Year USDA Refi 2023-05-25 6.63%
    Liberal 30 Year VA 2023-05-25 6.61%
    Liberal 30 Year VA Refi 2023-05-25 6.21%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Liberal, KS.

    Liberal 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 Liberal, KS 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
    United Fidelity Funding Corp. 9 4.79% $5,311
    UNITED WHOLESALE MORTGAGE, LLC 7 4.87% $6,925
    GOLDEN PLAINS 6 5.56% $1,825
    QUICKEN LOANS, LLC 3 4.92% $4,024
    BOKF 3 5.42% $2,992
    Equity Bank 3 4.54% $2,378
    HOME POINT FINANCIAL CORPORATION 2 5.25% $7,793
    TIB The Independent Bankersbank 1 3.50% $2,440
    UNION HOME MORTGAGE CORP. 1 5.25% $3,755
    Bank of America 1 5.38% $5,990
    Wells Fargo Bank 1 5.25% $3,993
    FIRST COLONY MORTGAGE CORPORATION 1 6.13% $6,745
    GUARANTEED RATE, INC. 1 4.75% $3,669
    JPMorgan Chase Bank 1 5.88% $4,373
    MUTUAL OF OMAHA MORTGAGE, INC. 1 4.38% $928
    Paramount Residential Mortgage Group, Inc. 1 6.00% $6,523
    Sunflower Bank 1 4.38% $3,501

    Liberal Average Closing Costs & Other Stats

    Liberal, KS's 17 lenders originated 223 loans during 2022. The total origination value was $33,605,000, with an average loan value of $150,695.

    Liberal's average closing costs are $5,733.

    The top Liberal lender as defined by loan originations is United Fidelity Funding Corp., with 9 loans originated. Their average total fees are $5,311, which is $1,614 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Liberal lenders (with over 10 loans originated) are .

    The lowest rate Liberal lenders (with over 10 loans originated) are .

    Liberal, KS 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
    CMG MORTGAGE, INC. $15,245,000 $9,510,000 -37.6% 28.3%
    United Fidelity Funding Corp. $8,415,000 $4,535,000 -46.1% 13.5%
    UNITED WHOLESALE MORTGAGE, LLC $2,725,000 $2,930,000 7.5% 8.7%
    GOLDEN PLAINS $4,600,000 $2,860,000 -37.8% 8.5%
    NBH Bank $2,590,000 n/a 7.7%
    Equity Bank $2,010,000 $1,930,000 -4.0% 5.7%
    QUICKEN LOANS, LLC $2,790,000 $1,215,000 -56.5% 3.6%
    BOKF $895,000 n/a 2.7%
    Paramount Residential Mortgage Group, Inc. $265,000 $665,000 150.9% 2.0%
    Sunflower Bank $675,000 $585,000 -13.3% 1.7%
    HOME POINT FINANCIAL CORPORATION $450,000 $505,000 12.2% 1.5%
    Mortgage Research Center, LLC $270,000 $505,000 87.0% 1.5%
    FREEDOM MORTGAGE CORPORATION $1,820,000 $465,000 -74.5% 1.4%
    AMERISAVE MORTGAGE CORPORATION $600,000 $450,000 -25.0% 1.3%
    FIRST COLONY MORTGAGE CORPORATION $335,000 n/a 1.0%
    Wells Fargo Bank $1,000,000 $305,000 -69.5% 0.9%
    Bank of America $245,000 n/a 0.7%
    USAA Federal Savings Bank $245,000 n/a 0.7%
    UNION HOME MORTGAGE CORP. $145,000 $240,000 65.5% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $705,000 $230,000 -67.4% 0.7%
    JPMorgan Chase Bank $145,000 $205,000 41.4% 0.6%
    21ST MORTGAGE CORPORATION $195,000 n/a 0.6%
    GUARANTEED RATE, INC. $195,000 n/a 0.6%
    LOANDEPOT.COM, LLC $550,000 $185,000 -66.4% 0.6%
    Financial Funding Solutions, Inc. $175,000 $165,000 -5.7% 0.5%
    FLAT BRANCH MORTGAGE, INC. $165,000 n/a 0.5%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $165,000 n/a 0.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $115,000 $155,000 34.8% 0.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $135,000 n/a 0.4%
    DELMAR FINANCIAL COMPANY $125,000 n/a 0.4%
    GENEVA FINANCIAL, LLC $115,000 n/a 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $65,000 $115,000 76.9% 0.3%
    Farmers Bank & Trust $105,000 n/a 0.3%
    TIB The Independent Bankersbank $105,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $95,000 n/a 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $65,000 n/a 0.2%
    CREDIT UNION OF AMERICA $35,000 n/a 0.1%
    Sierra Pacific Mortgage Company, Inc. $25,000 n/a 0.1%
    APCI Federal Credit Union $15,000 n/a 0.0%

    Liberal's top lender by overall market share is CMG MORTGAGE, INC., with 28.3% market share. In second place, with 13.5%, is United Fidelity Funding Corp., having originated $4,535,000 in loans. In third place, with 8.7%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $2,930,000 in loans. In fourth place, with 8.5%, is GOLDEN PLAINS, having originated $2,860,000 in loans. In fifth place, with 7.7%, is NBH Bank, having originated $2,590,000 in loans.

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

    Realtor.com - Liberal (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 $119,550 (-12.4%) $140,147 (-12.3%) 0.00 65
    2018-02-01 $126,125 (-8.4%) $148,586 (-8.2%) 0.00 67
    2018-03-01 $125,500 (-14.7%) $146,618 (-11.0%) 0.00 70
    2018-04-01 $131,224 (-6.3%) $147,822 (-8.2%) 0.00 69
    2018-05-01 $141,250 (4.6%) $151,313 (-5.8%) 0.00 75
    2018-06-01 $140,000 (3.7%) $152,228 (-4.3%) 0.00 71
    2018-07-01 $146,563 (13.8%) $154,432 (4.0%) 0.00 72
    2018-08-01 $149,313 (21.9%) $153,831 (8.0%) 0.00 71
    2018-09-01 $139,900 (12.6%) $151,636 (6.6%) 0.00 70
    2018-10-01 $130,000 (5.1%) $146,987 (3.1%) 0.00 74
    2018-11-01 $135,000 (22.2%) $149,677 (12.1%) 0.00 72
    2018-12-01 $134,000 (18.1%) $149,890 (13.6%) 0.00 73
    2019-01-01 $136,250 (14.0%) $146,835 (4.8%) 0.00 67
    2019-02-01 $145,968 (15.7%) $148,907 (0.2%) 0.00 72
    2019-03-01 $148,875 (18.6%) $151,447 (3.3%) 0.00 72
    2019-04-01 $150,750 (14.9%) $159,357 (7.8%) 0.00 71
    2019-05-01 $148,938 (5.4%) $150,985 (-0.2%) 0.00 63
    2019-06-01 $145,000 (3.6%) $153,229 (0.7%) 0.00 69
    2019-07-01 $149,500 (2.0%) $159,143 (3.1%) 0.00 75
    2019-08-01 $150,000 (0.5%) $164,529 (7.0%) 0.00 69
    2019-09-01 $149,500 (6.9%) $160,302 (5.7%) 0.00 69
    2019-10-01 $139,900 (7.6%) $157,354 (7.1%) 0.00 72
    2019-11-01 $138,000 (2.2%) $156,979 (4.9%) 0.00 72
    2019-12-01 $136,125 (1.6%) $154,373 (3.0%) 0.00 64
    2020-01-01 $134,950 (-1.0%) $151,246 (3.0%) 0.00 61
    2020-02-01 $129,900 (-11.0%) $150,100 (0.8%) 0.00 63
    2020-03-01 $133,975 (-10.0%) $153,104 (1.1%) 0.00 70
    2020-04-01 $136,500 (-9.5%) $151,241 (-5.1%) 0.00 70
    2020-05-01 $138,000 (-7.3%) $157,768 (4.5%) 0.00 58
    2020-06-01 $150,388 (3.7%) $174,934 (14.2%) 0.00 46
    2020-07-01 $145,225 (-2.9%) $174,015 (9.4%) 0.00 41
    2020-08-01 $145,000 (-3.3%) $189,731 (15.3%) 0.00 35
    2020-09-01 $169,850 (13.6%) $201,112 (25.5%) 0.00 27
    2020-10-01 $170,000 (21.5%) $203,745 (29.5%) 0.00 24
    2020-11-01 $147,725 (7.1%) $195,018 (24.2%) 0.00 24
    2020-12-01 $148,975 (9.4%) $189,037 (22.5%) 0.00 25
    2021-01-01 $144,900 (7.4%) $182,674 (20.8%) 0.00 23
    2021-02-01 $164,950 (27.0%) $186,427 (24.2%) 0.00 17
    2021-03-01 $126,725 (-5.4%) $166,156 (8.5%) 0.00 12
    2021-04-01 $154,750 (13.4%) $184,753 (22.2%) 0.00 12
    2021-05-01 $140,000 (1.5%) $168,262 (6.7%) 0.00 10
    2021-06-01 $135,500 (-9.9%) $161,944 (-7.4%) 0.00 14
    2021-07-01 $141,750 (-2.4%) $157,030 (-9.8%) 0.00 19
    2021-08-01 $137,500 (-5.2%) $149,506 (-21.2%) 0.00 26
    2021-09-01 $139,675 (-17.8%) $150,873 (-25.0%) 0.00 27
    2021-10-01 $132,500 (-22.1%) $155,129 (-23.9%) 0.00 28
    2021-11-01 $132,475 (-10.3%) $164,254 (-15.8%) 0.00 23
    2021-12-01 $135,000 (-9.4%) $173,409 (-8.3%) 0.00 18
    2022-01-01 $140,000 (-3.4%) $186,819 (2.3%) 0.00 12
    2022-02-01 $129,050 (-21.8%) $188,755 (1.3%) 0.00 11
    2022-03-01 $135,975 (7.3%) $153,013 (-7.9%) 0.00 8
    2022-04-01 $143,000 (-7.6%) $176,660 (-4.4%) 0.00 7
    2022-05-01 $170,475 (21.8%) $206,183 (22.5%) 0.00 8
    2022-06-01 $135,750 (0.2%) $174,039 (7.5%) 0.00 11
    2022-07-01 $170,000 (19.9%) $187,618 (19.5%) 0.00 14
    2022-08-01 $168,200 (22.3%) $202,582 (35.5%) 0.00 15
    2022-09-01 $192,500 (37.8%) $225,506 (49.5%) 0.00 11
    2022-10-01 $204,250 (54.2%) $210,843 (35.9%) 0.00 13
    2022-11-01 $190,350 (43.7%) $200,524 (22.1%) 0.00 11
    2022-12-01 $159,000 (17.8%) $194,620 (12.2%) 0.00 18
    2023-01-01 $154,950 (10.7%) $191,221 (2.4%) 0.00 16
    2023-02-01 $174,950 (35.6%) $207,275 (9.8%) 0.00 14
    2023-03-01 $178,500 (31.3%) $203,232 (32.8%) 0.00 18
    2023-04-01 $192,450 (34.6%) $218,439 (23.7%) 0.00 18
    Liberal's median listing price for 2023-04-01 was $192,450, a difference of $49,450 (34.6%) versus the prior year and $13,950 versus the prior month.

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

    Liberal's average listing price for 2023-04-01 was $218,439, a difference of $41,779 (23.7%) versus the prior year and $15,207 versus the prior month.

    For the 2023-04-01 period, Liberal had 18 MLS listings, a difference of 0 listings (0%) versus the prior month and 11 listings (157%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Liberal (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,780 sqft
    2018-02-01 0 days 1,824 sqft
    2018-03-01 0 days 1,747 sqft
    2018-04-01 0 days 1,736 sqft
    2018-05-01 0 days 1,844 sqft
    2018-06-01 0 days 1,887 sqft
    2018-07-01 0 days 1,947 sqft
    2018-08-01 0 days 2,058 sqft
    2018-09-01 0 days 1,920 sqft
    2018-10-01 0 days 1,970 sqft
    2018-11-01 0 days 2,070 sqft
    2018-12-01 0 days 2,087 sqft
    2019-01-01 0 days 2,116 sqft
    2019-02-01 0 days 2,170 sqft
    2019-03-01 0 days 2,205 sqft
    2019-04-01 0 days 2,236 sqft
    2019-05-01 0 days 2,131 sqft
    2019-06-01 0 days 2,057 sqft
    2019-07-01 0 days 2,135 sqft
    2019-08-01 0 days 2,236 sqft
    2019-09-01 0 days 2,244 sqft
    2019-10-01 0 days 2,225 sqft
    2019-11-01 0 days 2,126 sqft
    2019-12-01 0 days 2,157 sqft
    2020-01-01 0 days 1,930 sqft
    2020-02-01 0 days 1,839 sqft
    2020-03-01 0 days 1,839 sqft
    2020-04-01 0 days 1,851 sqft
    2020-05-01 0 days 1,897 sqft
    2020-06-01 0 days 2,003 sqft
    2020-07-01 0 days 2,052 sqft
    2020-08-01 0 days 2,034 sqft
    2020-09-01 0 days 2,195 sqft
    2020-10-01 0 days 1,980 sqft
    2020-11-01 0 days 1,963 sqft
    2020-12-01 0 days 1,971 sqft
    2021-01-01 0 days 1,904 sqft
    2021-02-01 0 days 2,310 sqft
    2021-03-01 0 days 1,963 sqft
    2021-04-01 0 days 2,098 sqft
    2021-05-01 0 days 1,857 sqft
    2021-06-01 0 days 1,937 sqft
    2021-07-01 0 days 1,937 sqft
    2021-08-01 0 days 1,835 sqft
    2021-09-01 0 days 1,848 sqft
    2021-10-01 0 days 1,814 sqft
    2021-11-01 0 days 1,805 sqft
    2021-12-01 0 days 1,787 sqft
    2022-01-01 0 days 1,824 sqft
    2022-02-01 0 days 1,865 sqft
    2022-03-01 0 days 1,699 sqft
    2022-04-01 0 days 1,772 sqft
    2022-05-01 0 days 2,042 sqft
    2022-06-01 0 days 1,792 sqft
    2022-07-01 0 days 1,982 sqft
    2022-08-01 0 days 1,892 sqft
    2022-09-01 0 days 2,264 sqft
    2022-10-01 0 days 2,064 sqft
    2022-11-01 0 days 2,441 sqft
    2022-12-01 0 days 1,986 sqft
    2023-01-01 0 days 1,683 sqft
    2023-02-01 0 days 1,919 sqft
    2023-03-01 0 days 1,830 sqft
    2023-04-01 0 days 2,064 sqft
    Liberal's median listing age (time on market) for 2023-04-01 was 0 days.

    Liberal's median square footage for active listings during the 2023-04-01 period was 2,064 sqft. One year prior, the average listing was 1,772 sqft.

    Liberal, KS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 152 $27,210,000 $179,013
    Cash Out Refi 32 $2,770,000 $86,563
    Refi 24 $2,960,000 $123,333
    Home Improvement 10 $540,000 $54,000
    Other 5 $125,000 $25,000

    Liberal's most frequently cited loan purpose was Home Purchase, with 152 originations. The 2nd most popular reason was Cash Out Refi, with 32 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 72 $9,080,000 $126,111
    4-5% 54 $9,650,000 $178,704
    3-4% 53 $8,595,000 $162,170
    2.5-3% 14 $2,560,000 $182,857
    6-7% 13 $2,405,000 $185,000
    <2.5% 11 $855,000 $77,727
    7-8% 4 $340,000 $85,000

    During 2022, Liberal's most frequently originated rate bucket was 5-6%, with 72 originations.

    Loan Sizing (Liberal, KS MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 105 $15,265,000 $145,381
    $100,000 or less 72 $3,850,000 $53,472
    $200k-400k 42 $10,920,000 $260,000
    $400k-600k 3 $1,315,000 $438,333
    $Over $1MM 1 $2,255,000 $2,255,000

    Liberal's loan sizing saw the bucket of loans from $100k-200k with 105 originations, totaling $15,265,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 130 $22,000,000 $169,231
    60-80% 33 $7,225,000 $218,939
    40-60% 22 $2,110,000 $95,909
    20-40% 15 $655,000 $43,667
    Under 20% 14 $370,000 $26,429
    Over 100% 5 $725,000 $145,000

    Liberal's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 130 originations, totaling $22,000,000 in origination value.