Liberal Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Liberal averaged
6.22%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
5.92% and
one month ago for the week of 2024-09-05, the
average rate was 6.35%.
Liberal's average rate one year ago was 7.69%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.72%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Liberal 30 Year Fixed Rate | 2024-10-10 | 6.22% |
Liberal 30 Year Fixed Rate Refi | 2024-10-10 | 6.72% |
Liberal 15 Year Fixed Rate | 2024-10-10 | 5.61% |
Liberal 15 Year Fixed Rate Refi | 2024-10-10 | 5.51% |
Liberal 30 Year FHA | 2024-10-10 | 6.2% |
Liberal 30 Year FHA Refi | 2024-10-10 | 6.2% |
Liberal 30 Year USDA | 2024-10-10 | 6.08% |
Liberal 30 Year USDA Refi | 2024-10-10 | 6.08% |
Liberal 30 Year VA | 2024-10-10 | 5.85% |
Liberal 30 Year VA Refi | 2024-10-10 | 5.85% |
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 | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | 10 | 6.62% | $5,280 |
QUICKEN LOANS, LLC | 2 | 7.18% | $8,330 |
GOLDEN PLAINS | 2 | 6.38% | $2,145 |
Paramount Residential Mortgage Group, Inc. | 2 | 7.44% | $6,780 |
FLAT BRANCH MORTGAGE, INC. | 1 | 7.25% | $2,699 |
FREEDOM MORTGAGE CORPORATION | 1 | 6.50% | $4,665 |
Landmark National Bank | 1 | 7.00% | $2,746 |
PENNYMAC LOAN SERVICES, LLC | 1 | 6.13% | $6,676 |
PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 7.63% | $4,125 |
Sierra Pacific Mortgage Company, Inc. | 1 | 7.50% | $3,252 |
BOKF | 1 | 6.88% | $3,149 |
VANDERBILT MORTGAGE AND FINANCE, INC. | 1 | 7.99% | $5,586 |
CMG MORTGAGE, INC. | 1 | 6.63% | $2,958 |
Equity Bank | 1 | 6.49% | $4,043 |
FIRST COLONY MORTGAGE CORPORATION | 1 | 6.75% | $4,632 |
Liberal Average Closing Costs & Other Stats
Liberal, KS's 15 lenders originated 164
loans during 2023. The total origination value was $21,960,000, with an average loan value of
$133,902.
Liberal's average closing costs are $5,863.
The top Liberal lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
10 loans originated. Their average total fees are
$5,280, which is $3,050
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Liberal lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC ($5,280), .
The lowest rate Liberal lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (6.62%), .
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Paramount Residential Mortgage Group, Inc. | $665,000 | $6,175,000 | 828.6% | 28.1% |
CMG MORTGAGE, INC. | $9,510,000 | $4,945,000 | -48.0% | 22.5% |
UNITED WHOLESALE MORTGAGE, LLC | $2,930,000 | $1,960,000 | -33.1% | 8.9% |
Equity Bank | $1,930,000 | $1,900,000 | -1.6% | 8.7% |
GOLDEN PLAINS | $2,860,000 | $1,775,000 | -37.9% | 8.1% |
QUICKEN LOANS, LLC | $1,215,000 | $955,000 | -21.4% | 4.3% |
FIRST COLONY MORTGAGE CORPORATION | $335,000 | $800,000 | 138.8% | 3.6% |
Mortgage Research Center, LLC | $505,000 | $545,000 | 7.9% | 2.5% |
FREEDOM MORTGAGE CORPORATION | $465,000 | $355,000 | -23.7% | 1.6% |
LOANDEPOT.COM, LLC | $185,000 | $320,000 | 73.0% | 1.5% |
FLAT BRANCH MORTGAGE, INC. | $165,000 | $260,000 | 57.6% | 1.2% |
Mr. Cooper ( Nationstar Mortgage ) | $230,000 | $255,000 | 10.9% | 1.2% |
ADVANCIAL | $205,000 | n/a | 0.9% | |
NEWREZ LLC | $200,000 | n/a | 0.9% | |
BROKER SOLUTIONS, INC. | $95,000 | $185,000 | 94.7% | 0.8% |
American Airlines Federal Credit Union | $175,000 | n/a | 0.8% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $135,000 | $175,000 | 29.6% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $165,000 | n/a | 0.8% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $155,000 | $165,000 | 6.5% | 0.8% |
Landmark National Bank | $155,000 | n/a | 0.7% | |
Coastal Community Bank | $90,000 | n/a | 0.4% | |
BOKF | $895,000 | $85,000 | -90.5% | 0.4% |
Sierra Pacific Mortgage Company, Inc. | $25,000 | $55,000 | 120.0% | 0.3% |
Great Plains Federal Credit Un | $35,000 | n/a | 0.2% | |
Commerce Bank | $25,000 | n/a | 0.1% |
Liberal's top lender by overall market share is Paramount Residential Mortgage Group, Inc., with 28.1% market share. In second place, with 22.5%, is CMG MORTGAGE, INC., having originated $4,945,000 in loans. In third place, with 8.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $1,960,000 in loans. In fourth place, with 8.7%, is Equity Bank, having originated $1,900,000 in loans. In fifth place, with 8.1%, is GOLDEN PLAINS, having originated $1,775,000 in loans.
Liberal Housing Market Trends (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 | $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 | $149,494 (19.1%) | $154,506 (5.4%) | 0.00 | 74 |
2019-04-01 | $150,499 (14.7%) | $158,668 (7.3%) | 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 | $147,245 (-1.4%) | $160,247 (4.2%) | 0.00 | 72 |
2019-09-01 | $143,114 (2.3%) | $158,581 (4.6%) | 0.00 | 72 |
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 (-10.4%) | $153,104 (-0.9%) | 0.00 | 70 |
2020-04-01 | $136,500 (-9.3%) | $151,241 (-4.7%) | 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 (-1.5%) | $189,731 (18.4%) | 0.00 | 35 |
2020-09-01 | $169,850 (18.7%) | $201,112 (26.8%) | 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%) | $146,347 (-22.9%) | 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 (38.4%) | 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 |
2023-05-01 | $210,000 (23.2%) | $229,938 (11.5%) | 0.00 | 17 |
2023-06-01 | $249,950 (84.1%) | $247,218 (42.1%) | 0.00 | 13 |
2023-07-01 | $234,950 (38.2%) | $245,806 (31.0%) | 0.00 | 13 |
2023-08-01 | $220,500 (31.1%) | $230,843 (14.0%) | 0.00 | 14 |
2023-09-01 | $206,500 (7.3%) | $228,933 (1.5%) | 0.00 | 19 |
2023-10-01 | $162,375 (-20.5%) | $223,067 (5.8%) | 0.00 | 18 |
2023-11-01 | $180,925 (-5.0%) | $223,005 (11.2%) | 0.00 | 20 |
2023-12-01 | $179,900 (13.1%) | $219,662 (12.9%) | 0.00 | 20 |
2024-01-01 | $199,875 (29.0%) | $227,763 (19.1%) | 0.00 | 18 |
2024-02-01 | $198,475 (13.5%) | $208,932 (0.8%) | 0.00 | 20 |
2024-03-01 | $150,000 (-16.0%) | $200,107 (-1.5%) | 0.00 | 17 |
2024-04-01 | $150,000 (-22.1%) | $206,873 (-5.3%) | 0.00 | 15 |
2024-05-01 | $167,250 (-20.4%) | $202,528 (-11.9%) | 0.00 | 19 |
2024-06-01 | $195,900 (-21.6%) | $218,693 (-11.5%) | 0.00 | 26 |
2024-07-01 | $200,600 (-14.6%) | $213,438 (-13.2%) | 0.00 | 38 |
2024-08-01 | $218,750 (-0.8%) | $241,015 (4.4%) | 0.00 | 42 |
2024-09-01 | $215,625 (4.4%) | $236,675 (3.4%) | 0.00 | 42 |
Liberal's median listing price comes in at 0% of the national average.
Liberal's average listing price for 2024-09-01 was $236,675, a difference of $7,742 (3.4%) versus the prior year and $-4,340 versus the prior month.
For the 2024-09-01 period, Liberal had 42 MLS listings, a difference of 0 listings (0%) versus the prior month and 23 listings (121%) 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 | 1,780 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 | 2,174 sqft |
2019-04-01 | 0 days | 2,216 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 | 2,159 sqft |
2019-09-01 | 0 days | 2,196 sqft |
2019-10-01 | 0 days | 2,221 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 |
2023-05-01 | 0 days | 2,020 sqft |
2023-06-01 | 0 days | 2,495 sqft |
2023-07-01 | 0 days | 2,477 sqft |
2023-08-01 | 0 days | 2,453 sqft |
2023-09-01 | 0 days | 2,241 sqft |
2023-10-01 | 0 days | 1,981 sqft |
2023-11-01 | 0 days | 1,637 sqft |
2023-12-01 | 0 days | 1,811 sqft |
2024-01-01 | 0 days | 1,881 sqft |
2024-02-01 | 0 days | 1,943 sqft |
2024-03-01 | 0 days | 1,768 sqft |
2024-04-01 | 0 days | 1,854 sqft |
2024-05-01 | 0 days | 1,775 sqft |
2024-06-01 | 0 days | 1,781 sqft |
2024-07-01 | 0 days | 1,888 sqft |
2024-08-01 | 0 days | 1,986 sqft |
2024-09-01 | 0 days | 2,047 sqft |
Liberal's median square footage for active listings during the 2024-09-01 period was 2,047 sqft. One year prior, the average listing was 2,241 sqft.
Liberal, KS Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 112 | $17,440,000 | $155,714 |
Cash Out Refi | 28 | $2,600,000 | $92,857 |
Home Improvement | 10 | $310,000 | $31,000 |
Refi | 8 | $1,010,000 | $126,250 |
Other | 6 | $600,000 | $100,000 |
Liberal's most frequently cited loan purpose was Home Purchase, with 112 originations. The 2nd most popular reason was Cash Out Refi, with 28 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 61 | $9,465,000 | $155,164 |
7-8% | 42 | $4,840,000 | $115,238 |
5-6% | 35 | $5,435,000 | $155,286 |
Over 8% | 22 | $1,640,000 | $74,545 |
<2.5% | 2 | $40,000 | $20,000 |
4-5% | 2 | $540,000 | $270,000 |
During 2023, Liberal's most frequently originated rate bucket was 6-7%, with 61 originations.
Loan Sizing (Liberal, KS MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 72 | $10,570,000 | $146,806 |
$100,000 or less | 60 | $3,320,000 | $55,333 |
$200k-400k | 30 | $7,150,000 | $238,333 |
$400k-600k | 2 | $920,000 | $460,000 |
Liberal's loan sizing saw the bucket of loans from $100k-200k with 72 originations, totaling $10,570,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 102 | $16,670,000 | $163,431 |
60-80% | 20 | $2,950,000 | $147,500 |
40-60% | 16 | $1,220,000 | $76,250 |
20-40% | 15 | $745,000 | $49,667 |
Under 20% | 10 | $210,000 | $21,000 |
Over 100% | 1 | $165,000 | $165,000 |
Liberal's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 102 originations, totaling $16,670,000 in origination value.