Liberal Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Liberal averaged 6.8% for the week of 2024-02-22, compared to the national average of 6.9% for the same period.

The average rate for the prior week (2024-02-15) was 6.97% and one month ago for the week of 2024-01-18, the average rate was 6.5%.

Liberal's average rate one year ago was 6.55%.

For refis of the same type during the week of 2024-02-22, the average rate was 7.5%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-22 6.9%
Liberal 30 Year Fixed Rate 2024-02-22 6.8%
Liberal 30 Year Fixed Rate Refi 2024-02-22 7.5%
Liberal 15 Year Fixed Rate 2024-02-22 6.39%
Liberal 15 Year Fixed Rate Refi 2024-02-22 6.39%
Liberal 30 Year FHA 2024-02-22 -0.1%
Liberal 30 Year FHA Refi 2024-02-22 0.1%
Liberal 30 Year USDA 2024-02-22 -0.1%
Liberal 30 Year USDA Refi 2024-02-22 -0.1%
Liberal 30 Year VA 2024-02-22 -0.1%
Liberal 30 Year VA Refi 2024-02-22 0.1%
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 $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
Liberal's median listing price for 2023-12-01 was $179,900, a difference of $20,900 (13.1%) versus the prior year and $-1,025 versus the prior month.

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

Liberal's average listing price for 2023-12-01 was $219,662, a difference of $25,042 (12.9%) versus the prior year and $-3,343 versus the prior month.

For the 2023-12-01 period, Liberal had 20 MLS listings, a difference of 0 listings (0%) versus the prior month and 2 listings (11%) 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 2,174 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
Liberal's median listing age (time on market) for 2023-12-01 was 0 days.

Liberal's median square footage for active listings during the 2023-12-01 period was 1,811 sqft. One year prior, the average listing was 1,986 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.