Liberal Mortgage Rates
30 Year Fixed Rate mortgages in Liberal averaged
5.69%
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
6% and
one month ago for the week of 2022-05-26, the
average rate was 4.99%.
Liberal's average rate one year ago was 2.85%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.28%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
Liberal 30 Year Fixed Rate | 2022-06-30 | 5.69% |
Liberal 30 Year Fixed Rate Refi | 2022-06-30 | 5.28% |
Liberal 15 Year Fixed Rate | 2022-06-30 | 5.33% |
Liberal 15 Year Fixed Rate Refi | 2022-06-30 | 4.6% |
Liberal 30 Year FHA | 2022-06-30 | 5.24% |
Liberal 30 Year FHA Refi | 2022-06-30 | 5.14% |
Liberal 30 Year USDA | 2022-06-30 | 5.58% |
Liberal 30 Year USDA Refi | 2022-06-30 | 5.7% |
Liberal 30 Year VA | 2022-06-30 | 5.57% |
Liberal 30 Year VA Refi | 2022-06-30 | 5.99% |
Liberal 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 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 | 2021 Avg. 30yFix Rate | 2021 Avg. Total Fees |
---|---|---|---|
United Fidelity Funding Corp. | 19 | 2.88% | $5,189 |
GOLDEN PLAINS | 13 | 3.14% | $1,517 |
UNITED WHOLESALE MORTGAGE, LLC | 7 | 2.95% | $4,948 |
QUICKEN LOANS, LLC | 6 | 2.96% | $4,768 |
CMG MORTGAGE, INC. | 5 | 2.85% | $4,388 |
Wells Fargo Bank | 5 | 3.18% | $2,952 |
Equity Bank | 3 | 3.16% | $2,283 |
Sunflower Bank | 3 | 3.00% | $2,799 |
AMERISAVE MORTGAGE CORPORATION | 2 | 3.25% | $2,957 |
UNION HOME MORTGAGE CORP. | 1 | 2.75% | $2,304 |
U.S. Bank | 1 | 3.13% | $3,379 |
LAKEVIEW LOAN SERVICING, LLC | 1 | 3.75% | $3,739 |
AMERICAN FINANCING CORPORATION | 1 | 3.00% | $4,952 |
ENDEAVOR CAPITAL, LLC. | 1 | 3.13% | $5,315 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 2.88% | $2,141 |
Financial Funding Solutions, Inc. | 1 | 3.20% | $4,637 |
HOMESIDE FINANCIAL, LLC | 1 | 3.15% | $3,695 |
AMERICAN FINANCIAL NETWORK, INC. | 1 | 2.75% | $8,654 |
LENDERFI, INC. | 1 | 2.88% | $2,995 |
Mr. Cooper ( Nationstar Mortgage ) | 1 | 3.50% | $3,062 |
Liberal, KS's 20 lenders originated 358
loans during 2021. The total origination value was $48,590,000, with an average loan value of
$135,726.
The top Liberal lender as defined by loan originations is United Fidelity Funding Corp., with
19 loans originated. Their average total fees are
$5,189, which is $3,672
higher than the next largest lender,
GOLDEN PLAINS.
The lowest fee Liberal lenders (with over 10 loans originated) are
GOLDEN PLAINS ($1,517), United Fidelity Funding Corp. ($5,189), .
The lowest rate Liberal lenders (with over 10 loans originated) are
United Fidelity Funding Corp. (2.88%), GOLDEN PLAINS (3.14%), .
Liberal, KS 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 |
---|---|---|---|---|
CMG MORTGAGE, INC. | $14,475,000 | $15,245,000 | 5.3% | 31.4% |
United Fidelity Funding Corp. | $605,000 | $8,415,000 | 1,290.9% | 17.3% |
GOLDEN PLAINS | $4,760,000 | $4,600,000 | -3.4% | 9.5% |
QUICKEN LOANS, LLC | $2,505,000 | $2,790,000 | 11.4% | 5.7% |
UNITED WHOLESALE MORTGAGE, LLC | $7,025,000 | $2,725,000 | -61.2% | 5.6% |
Equity Bank | $5,690,000 | $2,010,000 | -64.7% | 4.1% |
FREEDOM MORTGAGE CORPORATION | $665,000 | $1,820,000 | 173.7% | 3.7% |
The Bennington State Bank | $1,290,000 | n/a | 2.7% | |
Wells Fargo Bank | $515,000 | $1,000,000 | 94.2% | 2.1% |
Mr. Cooper ( Nationstar Mortgage ) | $425,000 | $705,000 | 65.9% | 1.5% |
Sunflower Bank | $425,000 | $675,000 | 58.8% | 1.4% |
AMERICAN FINANCIAL NETWORK, INC. | $655,000 | n/a | 1.3% | |
AMERISAVE MORTGAGE CORPORATION | $600,000 | n/a | 1.2% | |
LOANDEPOT.COM, LLC | $2,065,000 | $550,000 | -73.4% | 1.1% |
Carrington Mortgage Services, LLC | $625,000 | $540,000 | -13.6% | 1.1% |
HOME POINT FINANCIAL CORPORATION | $1,260,000 | $450,000 | -64.3% | 0.9% |
LAKEVIEW LOAN SERVICING, LLC | $125,000 | $425,000 | 240.0% | 0.9% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $350,000 | n/a | 0.7% | |
Mortgage Research Center, LLC | $230,000 | $270,000 | 17.4% | 0.6% |
Paramount Residential Mortgage Group, Inc. | $265,000 | n/a | 0.5% | |
AMERICAN FINANCING CORPORATION | $95,000 | $260,000 | 173.7% | 0.5% |
PENNYMAC LOAN SERVICES, LLC | $255,000 | n/a | 0.5% | |
Barrington Bank & Trust Company, N.A. | $250,000 | n/a | 0.5% | |
EVERETT FINANCIAL, INC. | $250,000 | n/a | 0.5% | |
U.S. Bank | $45,000 | $245,000 | 444.4% | 0.5% |
ENDEAVOR CAPITAL, LLC. | $215,000 | $225,000 | 4.7% | 0.5% |
Financial Funding Solutions, Inc. | $175,000 | n/a | 0.4% | |
LENDERFI, INC. | $165,000 | n/a | 0.3% | |
JPMorgan Chase Bank | $145,000 | n/a | 0.3% | |
UNION HOME MORTGAGE CORP. | $145,000 | n/a | 0.3% | |
Arvest Bank | $135,000 | n/a | 0.3% | |
HOMESIDE FINANCIAL, LLC | $135,000 | n/a | 0.3% | |
NAVY FEDERAL CREDIT UNION | $125,000 | n/a | 0.3% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $115,000 | n/a | 0.2% | |
Manufacturers and Traders Trust Company | $105,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $105,000 | n/a | 0.2% | |
STEARNS LENDING, LLC | $95,000 | n/a | 0.2% | |
ACADEMY MORTGAGE CORPORATION | $75,000 | n/a | 0.2% | |
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $75,000 | n/a | 0.2% | |
NEWREZ LLC | $65,000 | n/a | 0.1% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $65,000 | n/a | 0.1% |
Liberal's top lender by overall market share is CMG MORTGAGE, INC., with 31.4% market share. In second place, with 17.3%, is United Fidelity Funding Corp., having originated $8,415,000 in loans. In third place, with 9.5%, is GOLDEN PLAINS, having originated $4,600,000 in loans. In third place, with 5.7%, is QUICKEN LOANS, LLC, having originated $2,790,000 in loans. In third place, with 5.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $2,725,000 in loans.
Liberal, KS Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 215 | $30,915,000 | $143,791 |
Refi | 98 | $13,380,000 | $136,531 |
Cash Out Refi | 28 | $3,640,000 | $130,000 |
Home Improvement | 14 | $560,000 | $40,000 |
Other | 3 | $95,000 | $31,667 |
Liberal's most frequently cited loan purpose was Home Purchase, with 215 originations. The 2nd most popular reason was Refi, with 98 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 175 | $24,725,000 | $141,286 |
<2.5% | 91 | $12,755,000 | $140,165 |
3-4% | 47 | $7,285,000 | $155,000 |
5-6% | 31 | $1,305,000 | $42,097 |
4-5% | 7 | $975,000 | $139,286 |
6-7% | 2 | $140,000 | $70,000 |
Over 8% | 1 | $115,000 | $115,000 |
During 2021, Liberal's most frequently originated rate bucket was 2.5-3%, with 175 originations.
Loan Sizing (Liberal, KS MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 205 | $28,175,000 | $137,439 |
$100,000 or less | 100 | $6,590,000 | $65,900 |
$200k-400k | 50 | $12,380,000 | $247,600 |
$400k-600k | 3 | $1,445,000 | $481,667 |
Liberal's loan sizing saw the bucket of loans from $100k-200k with 205 originations, totaling $28,175,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 214 | $32,450,000 | $151,636 |
60-80% | 73 | $8,415,000 | $115,274 |
40-60% | 24 | $2,720,000 | $113,333 |
20-40% | 10 | $350,000 | $35,000 |
Under 20% | 10 | $210,000 | $21,000 |
Over 100% | 3 | $655,000 | $218,333 |
Liberal's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 214 originations, totaling $32,450,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Liberal (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $122,450 (-10.3%) | $140,807 (-11.9%) | 0.00 | 64 |
2018-02-01 | $127,000 (-8.3%) | $148,586 (-8.2%) | 0.00 | 66 |
2018-03-01 | $127,000 (-15.1%) | $146,618 (-11.0%) | 0.00 | 70 |
2018-04-01 | $132,450 (-5.4%) | $147,822 (-8.2%) | 0.00 | 68 |
2018-05-01 | $142,000 (5.2%) | $151,313 (-5.6%) | 0.00 | 75 |
2018-06-01 | $140,000 (3.7%) | $152,228 (-4.3%) | 0.00 | 70 |
2018-07-01 | $148,750 (14.9%) | $154,432 (4.0%) | 0.00 | 72 |
2018-08-01 | $149,500 (21.1%) | $153,831 (8.0%) | 0.00 | 71 |
2018-09-01 | $139,900 (11.9%) | $151,636 (6.6%) | 0.00 | 70 |
2018-10-01 | $130,000 (5.1%) | $145,483 (2.1%) | 0.00 | 74 |
2018-11-01 | $137,000 (23.4%) | $149,677 (12.0%) | 0.00 | 72 |
2018-12-01 | $134,000 (16.6%) | $149,890 (13.3%) | 0.00 | 73 |
2019-01-01 | $140,000 (14.3%) | $146,835 (4.3%) | 0.00 | 67 |
2019-02-01 | $147,990 (16.5%) | $148,907 (0.2%) | 0.00 | 71 |
2019-03-01 | $150,137 (18.2%) | $154,889 (5.6%) | 0.00 | 76 |
2019-04-01 | $151,142 (14.1%) | $159,804 (8.1%) | 0.00 | 72 |
2019-05-01 | $149,125 (5.0%) | $150,985 (-0.2%) | 0.00 | 63 |
2019-06-01 | $145,000 (3.6%) | $153,079 (0.6%) | 0.00 | 70 |
2019-07-01 | $149,500 (0.5%) | $158,990 (3.0%) | 0.00 | 75 |
2019-08-01 | $150,000 (0.3%) | $161,902 (5.3%) | 0.00 | 73 |
2019-09-01 | $149,750 (7.0%) | $161,725 (6.7%) | 0.00 | 72 |
2019-10-01 | $139,900 (7.6%) | $157,607 (8.3%) | 0.00 | 72 |
2019-11-01 | $138,000 (0.7%) | $156,692 (4.7%) | 0.00 | 71 |
2019-12-01 | $136,250 (1.7%) | $154,429 (3.0%) | 0.00 | 63 |
2020-01-01 | $134,950 (-3.6%) | $151,182 (3.0%) | 0.00 | 59 |
2020-02-01 | $129,900 (-12.2%) | $150,682 (1.2%) | 0.00 | 62 |
2020-03-01 | $133,950 (-10.8%) | $153,104 (-1.2%) | 0.00 | 69 |
2020-04-01 | $136,500 (-9.7%) | $151,241 (-5.4%) | 0.00 | 69 |
2020-05-01 | $138,000 (-7.5%) | $157,768 (4.5%) | 0.00 | 57 |
2020-06-01 | $151,400 (4.4%) | $175,576 (14.7%) | 0.00 | 45 |
2020-07-01 | $145,450 (-2.7%) | $174,522 (9.8%) | 0.00 | 40 |
2020-08-01 | $145,000 (-3.3%) | $193,723 (19.7%) | 0.00 | 35 |
2020-09-01 | $172,500 (15.2%) | $211,037 (30.5%) | 0.00 | 27 |
2020-10-01 | $170,000 (21.5%) | $207,108 (31.4%) | 0.00 | 24 |
2020-11-01 | $154,900 (12.3%) | $200,464 (27.9%) | 0.00 | 24 |
2020-12-01 | $147,000 (7.9%) | $190,685 (23.5%) | 0.00 | 25 |
2021-01-01 | $149,800 (11.0%) | $185,596 (22.8%) | 0.00 | 23 |
2021-02-01 | $184,250 (41.8%) | $190,465 (26.4%) | 0.00 | 17 |
2021-03-01 | $126,000 (-5.9%) | $167,348 (9.3%) | 0.00 | 11 |
2021-04-01 | $150,000 (9.9%) | $183,492 (21.3%) | 0.00 | 12 |
2021-05-01 | $140,000 (1.5%) | $168,262 (6.7%) | 0.00 | 10 |
2021-06-01 | $142,500 (-5.9%) | $164,797 (-6.1%) | 0.00 | 14 |
2021-07-01 | $156,500 (7.6%) | $161,677 (-7.4%) | 0.00 | 19 |
2021-08-01 | $137,500 (-5.2%) | $148,694 (-23.2%) | 0.00 | 26 |
2021-09-01 | $139,950 (-18.9%) | $152,922 (-27.5%) | 0.00 | 27 |
2021-10-01 | $135,000 (-20.6%) | $156,697 (-24.3%) | 0.00 | 28 |
2021-11-01 | $132,500 (-14.5%) | $165,978 (-17.2%) | 0.00 | 24 |
2021-12-01 | $135,000 (-8.2%) | $173,994 (-8.8%) | 0.00 | 17 |
2022-01-01 | $140,000 (-6.5%) | $186,412 (0.4%) | 0.00 | 11 |
2022-02-01 | $129,900 (-29.5%) | $191,598 (0.6%) | 0.00 | 10 |
2022-03-01 | $134,500 (6.8%) | $143,377 (-14.3%) | 0.00 | 9 |
2022-04-01 | $139,000 (-7.3%) | $167,325 (-8.8%) | 0.00 | 8 |
2022-05-01 | $147,500 (5.4%) | $195,471 (16.2%) | 0.00 | 9 |
2022-06-01 | $135,750 (-4.7%) | $167,979 (1.9%) | 0.00 | 11 |
Liberal's median listing price comes in at 0% of the national average.
Liberal's average listing price for 2022-06-01 was $167,979, a difference of $3,182 (1.9%) versus the prior year and $-27,492 versus the prior month.
For the 2022-06-01 period, Liberal had 11 MLS listings, a difference of 2 listings (22%) versus the prior month and -3 listings (-21%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Liberal (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,812 sqft |
2018-02-01 | 0 days | 1,824 sqft |
2018-03-01 | 0 days | 1,747 sqft |
2018-04-01 | 0 days | 1,740 sqft |
2018-05-01 | 0 days | 1,844 sqft |
2018-06-01 | 0 days | 1,920 sqft |
2018-07-01 | 0 days | 1,974 sqft |
2018-08-01 | 0 days | 2,068 sqft |
2018-09-01 | 0 days | 1,920 sqft |
2018-10-01 | 0 days | 1,947 sqft |
2018-11-01 | 0 days | 2,076 sqft |
2018-12-01 | 0 days | 2,114 sqft |
2019-01-01 | 0 days | 2,124 sqft |
2019-02-01 | 0 days | 2,182 sqft |
2019-03-01 | 0 days | 2,205 sqft |
2019-04-01 | 0 days | 2,236 sqft |
2019-05-01 | 0 days | 2,135 sqft |
2019-06-01 | 0 days | 2,117 sqft |
2019-07-01 | 0 days | 2,134 sqft |
2019-08-01 | 0 days | 2,185 sqft |
2019-09-01 | 0 days | 2,247 sqft |
2019-10-01 | 0 days | 2,225 sqft |
2019-11-01 | 0 days | 2,117 sqft |
2019-12-01 | 0 days | 2,157 sqft |
2020-01-01 | 0 days | 1,940 sqft |
2020-02-01 | 0 days | 1,848 sqft |
2020-03-01 | 0 days | 1,839 sqft |
2020-04-01 | 0 days | 1,855 sqft |
2020-05-01 | 0 days | 1,920 sqft |
2020-06-01 | 0 days | 2,030 sqft |
2020-07-01 | 0 days | 2,067 sqft |
2020-08-01 | 0 days | 2,040 sqft |
2020-09-01 | 0 days | 2,427 sqft |
2020-10-01 | 0 days | 2,362 sqft |
2020-11-01 | 0 days | 1,977 sqft |
2020-12-01 | 0 days | 1,974 sqft |
2021-01-01 | 0 days | 1,960 sqft |
2021-02-01 | 0 days | 2,427 sqft |
2021-03-01 | 0 days | 1,974 sqft |
2021-04-01 | 0 days | 1,783 sqft |
2021-05-01 | 0 days | 1,865 sqft |
2021-06-01 | 0 days | 1,937 sqft |
2021-07-01 | 0 days | 2,009 sqft |
2021-08-01 | 0 days | 1,831 sqft |
2021-09-01 | 0 days | 1,848 sqft |
2021-10-01 | 0 days | 1,814 sqft |
2021-11-01 | 0 days | 1,750 sqft |
2021-12-01 | 0 days | 1,787 sqft |
2022-01-01 | 0 days | 1,824 sqft |
2022-02-01 | 0 days | 1,851 sqft |
2022-03-01 | 0 days | 1,680 sqft |
2022-04-01 | 0 days | 1,750 sqft |
2022-05-01 | 0 days | 2,002 sqft |
2022-06-01 | 0 days | 1,792 sqft |
Liberal's median square footage for active listings during the 2022-06-01 period was 1,792 sqft. One year prior, the average listing was 1,937 sqft.