Marshall Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Marshall averaged 6.76% 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 6.83% and one month ago for the week of 2024-01-18, the average rate was 6.76%.

Marshall's average rate one year ago was 6.61%.

For refis of the same type during the week of 2024-02-22, the average rate was 7.1%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-22 6.9%
Marshall 30 Year Fixed Rate 2024-02-22 6.76%
Marshall 30 Year Fixed Rate Refi 2024-02-22 7.1%
Marshall 15 Year Fixed Rate 2024-02-22 6.39%
Marshall 15 Year Fixed Rate Refi 2024-02-22 6.49%
Marshall 30 Year FHA 2024-02-22 -0.2%
Marshall 30 Year FHA Refi 2024-02-22 -0.1%
Marshall 30 Year USDA 2024-02-22 -0.42%
Marshall 30 Year USDA Refi 2024-02-22 -0.2%
Marshall 30 Year VA 2024-02-22 0.2%
Marshall 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 Marshall, MO.

Marshall 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 Marshall, MO 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
FLAT BRANCH MORTGAGE, INC. 25 5.33% $2,787
Wood & Huston Bank 20 5.49% $1,872
QUICKEN LOANS, LLC 8 5.42% $4,808
DAS Acquisition Company, LLC 7 5.03% $3,868
Flagstar Bank, FSB 5 4.65% $1,946
The Central Trust Bank 4 5.38% $2,604
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.71% $2,178
UNITED WHOLESALE MORTGAGE, LLC 3 5.25% $4,472
First State Community Bank 2 3.13% $1,881
LOANDEPOT.COM, LLC 2 3.75% $4,724
U.S. Bank 2 6.81% $2,455
Wells Fargo Bank 2 5.06% $1,994
Equity Bank 2 5.19% $2,511
Northwest Bank 1 5.75% $1,921
PHH Mortgage Corporation 1 5.00% $3,498
PLANET HOME LENDING, LLC 1 5.63% $1,747
PREMIA MORTGAGE, LLC 1 4.75% $0
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.63% $3,091
Prosperity Home Mortgage, LLC 1 5.13% $2,296
ROYAL UNITED MORTGAGE LLC 1 7.13% $5,540
Servion, Inc. 1 3.50% $3,320
MISSOURI ELECTRIC COOPERATIVES EMPL 1 5.50% $1,724
CHURCHILL MORTGAGE CORPORATION 1 5.63% $3,149
COMMUNITYAMERICA 1 6.25% $2,247
FINANCE OF AMERICA MORTGAGE LLC 1 5.75% $2,797
FIRST COMMUNITY 1 4.25% $0
Gateway First Bank 1 7.00% $2,310
GERSHMAN INVESTMENT CORP. 1 4.13% $2,798
Hawthorn Bank 1 3.88% $2,275
HOMESPIRE MORTGAGE CORPORATION 1 6.13% $2,418
Magnolia Bank 1 5.00% $4,259
Carrington Mortgage Services, LLC 1 4.25% $5,958
MOVEMENT MORTGAGE, LLC 1 4.99% $3,675
North American Savings Bank, F.S.B. 1 5.38% $3,504

Marshall Average Closing Costs & Other Stats

Marshall, MO's 34 lenders originated 427 loans during 2022. The total origination value was $56,895,000, with an average loan value of $133,244.

Marshall's average closing costs are $3,467.

The top Marshall lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 25 loans originated. Their average total fees are $2,787, which is $914 higher than the next largest lender, Wood & Huston Bank.

The lowest fee Marshall lenders (with over 10 loans originated) are Wood & Huston Bank ($1,872), FLAT BRANCH MORTGAGE, INC. ($2,787), .

The lowest rate Marshall lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. (5.33%), Wood & Huston Bank (5.49%), .

Marshall, MO 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
FLAT BRANCH MORTGAGE, INC. $18,940,000 $11,665,000 -38.4% 20.5%
Wood & Huston Bank $11,915,000 $10,990,000 -7.8% 19.3%
Exchange Bank of Missouri $7,675,000 $4,585,000 -40.3% 8.1%
First State Community Bank $1,165,000 $2,770,000 137.8% 4.9%
QUICKEN LOANS, LLC $3,985,000 $2,605,000 -34.6% 4.6%
DAS Acquisition Company, LLC $1,265,000 $2,350,000 85.8% 4.1%
Mortgage Research Center, LLC $1,560,000 $2,140,000 37.2% 3.8%
Flagstar Bank, FSB $2,020,000 $2,030,000 0.5% 3.6%
KS StateBank $1,255,000 n/a 2.2%
First Bankers Trust Company $1,005,000 n/a 1.8%
The Central Trust Bank $290,000 $1,000,000 244.8% 1.8%
Gateway First Bank $555,000 $995,000 79.3% 1.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $105,000 $885,000 742.9% 1.6%
UNITED WHOLESALE MORTGAGE, LLC $915,000 $770,000 -15.8% 1.4%
MOVEMENT MORTGAGE, LLC $860,000 $735,000 -14.5% 1.3%
FREEDOM MORTGAGE CORPORATION $455,000 $660,000 45.1% 1.2%
LOANDEPOT.COM, LLC $330,000 $520,000 57.6% 0.9%
Bank of America $210,000 $510,000 142.9% 0.9%
AMERISAVE MORTGAGE CORPORATION $145,000 $400,000 175.9% 0.7%
PLANET HOME LENDING, LLC $345,000 $400,000 15.9% 0.7%
Carrington Mortgage Services, LLC $655,000 $360,000 -45.0% 0.6%
FCS Financial FLCA $430,000 $360,000 -16.3% 0.6%
Wells Fargo Bank $800,000 $360,000 -55.0% 0.6%
MISSOURI ELECTRIC COOPERATIVES EMPL $355,000 n/a 0.6%
Servion, Inc. $490,000 $355,000 -27.6% 0.6%
U.S. Bank $795,000 $340,000 -57.2% 0.6%
Equity Bank $315,000 n/a 0.6%
NEW DAY FINANCIAL, LLC $315,000 $310,000 -1.6% 0.5%
Prosperity Home Mortgage, LLC $95,000 $280,000 194.7% 0.5%
GERSHMAN INVESTMENT CORP. $75,000 $270,000 260.0% 0.5%
NAVY FEDERAL CREDIT UNION $215,000 $255,000 18.6% 0.4%
GENEVA FINANCIAL, LLC $435,000 $240,000 -44.8% 0.4%
Hawthorn Bank $225,000 n/a 0.4%
Community Mortgage Banc Corporation $220,000 n/a 0.4%
CROSSCOUNTRY MORTGAGE, LLC $660,000 $215,000 -67.4% 0.4%
GUARANTEED RATE, INC. $215,000 n/a 0.4%
CENTRAL MISSOURI COMMUNITY CREDIT UNION $120,000 $205,000 70.8% 0.4%
Regional Missouri Bank $560,000 $185,000 -67.0% 0.3%
VILLAGE CAPITAL MORTGAGE $345,000 $185,000 -46.4% 0.3%
FIRST COMMUNITY $175,000 n/a 0.3%
R-G Federal Credit Union $175,000 n/a 0.3%
Barrington Bank & Trust Company, N.A. $125,000 $155,000 24.0% 0.3%
Mortgage Investment Services Corporation $155,000 n/a 0.3%
BMO Harris Bank $75,000 $145,000 93.3% 0.3%
LAKEVIEW LOAN SERVICING, LLC $335,000 $145,000 -56.7% 0.3%
Discover Bank $35,000 $140,000 300.0% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $135,000 n/a 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $105,000 $135,000 28.6% 0.2%
PENNYMAC LOAN SERVICES, LLC $1,140,000 $115,000 -89.9% 0.2%
PREMIA MORTGAGE, LLC $195,000 $115,000 -41.0% 0.2%
COMMUNITYAMERICA $45,000 $105,000 133.3% 0.2%
PNC Bank $105,000 n/a 0.2%
FINANCE OF AMERICA MORTGAGE LLC $545,000 $95,000 -82.6% 0.2%
BOKF $85,000 n/a 0.1%
BROKER SOLUTIONS, INC. $665,000 $85,000 -87.2% 0.1%
HOMESPIRE MORTGAGE CORPORATION $85,000 n/a 0.1%
Midwest Mortgage Associates Corporation $85,000 n/a 0.1%
North American Savings Bank, F.S.B. $345,000 $85,000 -75.4% 0.1%
OPEN MORTGAGE, LLC $85,000 n/a 0.1%
THRIVE MORTGAGE, LLC $85,000 n/a 0.1%
BTC BANK $210,000 $75,000 -64.3% 0.1%
CALIBER HOME LOANS, INC. $95,000 $75,000 -21.1% 0.1%
Magnolia Bank $75,000 n/a 0.1%
Oakstar Bank $75,000 n/a 0.1%
PHH Mortgage Corporation $75,000 n/a 0.1%
Bank of Odessa $70,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $85,000 $65,000 -23.5% 0.1%
LOANPAL, LLC $125,000 $65,000 -48.0% 0.1%
Northwest Bank $65,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $75,000 $55,000 -26.7% 0.1%
ROYAL UNITED MORTGAGE LLC $75,000 $55,000 -26.7% 0.1%
NBH Bank $35,000 n/a 0.1%
UMB Bank $25,000 n/a 0.0%

Marshall's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 20.5% market share. In second place, with 19.3%, is Wood & Huston Bank, having originated $10,990,000 in loans. In third place, with 8.1%, is Exchange Bank of Missouri, having originated $4,585,000 in loans. In fourth place, with 4.9%, is First State Community Bank, having originated $2,770,000 in loans. In fifth place, with 4.6%, is QUICKEN LOANS, LLC, having originated $2,605,000 in loans.


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

Realtor.com - Marshall (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 $83,900 (-9.9%) $108,483 (-3.6%) 0.00 109
2018-02-01 $86,050 (-12.6%) $110,833 (-4.7%) 0.00 117
2018-03-01 $96,000 (-5.1%) $115,446 (-4.9%) 0.00 109
2018-04-01 $105,575 (-1.8%) $120,340 (-4.0%) 0.00 110
2018-05-01 $118,375 (15.8%) $126,803 (3.7%) 0.00 113
2018-06-01 $123,200 (13.3%) $130,967 (8.2%) 0.00 115
2018-07-01 $129,125 (20.8%) $133,785 (9.2%) 0.00 103
2018-08-01 $121,950 (13.3%) $130,069 (5.7%) 0.00 111
2018-09-01 $129,500 (21.1%) $136,501 (12.3%) 0.00 116
2018-10-01 $130,000 (38.8%) $134,911 (19.2%) 0.00 120
2018-11-01 $123,750 (38.1%) $130,697 (20.8%) 0.00 110
2018-12-01 $124,000 (40.9%) $128,629 (19.5%) 0.00 105
2019-01-01 $113,725 (35.6%) $123,448 (13.8%) 0.00 106
2019-02-01 $104,800 (21.8%) $123,041 (11.0%) 0.00 102
2019-03-01 $112,743 (17.4%) $129,168 (11.9%) 0.00 97
2019-04-01 $135,900 (28.7%) $139,279 (15.7%) 0.00 93
2019-05-01 $138,750 (17.2%) $148,115 (16.8%) 0.00 92
2019-06-01 $136,500 (10.8%) $150,178 (14.7%) 0.00 96
2019-07-01 $120,975 (-6.3%) $144,572 (8.1%) 0.00 93
2019-08-01 $118,782 (-2.6%) $147,121 (13.1%) 0.00 92
2019-09-01 $117,780 (-9.1%) $151,235 (10.8%) 0.00 90
2019-10-01 $117,111 (-9.9%) $156,371 (15.9%) 0.00 86
2019-11-01 $124,900 (0.9%) $151,829 (16.2%) 0.00 88
2019-12-01 $124,225 (0.2%) $142,738 (11.0%) 0.00 92
2020-01-01 $127,600 (12.2%) $140,203 (13.6%) 0.00 95
2020-02-01 $129,950 (24.0%) $145,347 (18.1%) 0.00 92
2020-03-01 $134,725 (19.5%) $145,584 (12.7%) 0.00 82
2020-04-01 $132,325 (-2.6%) $146,638 (5.3%) 0.00 80
2020-05-01 $139,700 (0.7%) $150,981 (1.9%) 0.00 72
2020-06-01 $118,750 (-13.0%) $143,587 (-4.4%) 0.00 65
2020-07-01 $116,875 (-3.4%) $150,385 (4.0%) 0.00 63
2020-08-01 $119,500 (0.6%) $159,362 (8.3%) 0.00 56
2020-09-01 $134,975 (14.6%) $164,837 (9.0%) 0.00 56
2020-10-01 $119,500 (2.0%) $141,813 (-9.3%) 0.00 59
2020-11-01 $109,475 (-12.4%) $138,233 (-9.0%) 0.00 61
2020-12-01 $99,500 (-19.9%) $135,588 (-5.0%) 0.00 55
2021-01-01 $89,000 (-30.3%) $127,694 (-8.9%) 0.00 48
2021-02-01 $99,750 (-23.2%) $145,926 (0.4%) 0.00 42
2021-03-01 $106,550 (-20.9%) $154,166 (5.9%) 0.00 33
2021-04-01 $117,450 (-11.2%) $158,912 (8.4%) 0.00 35
2021-05-01 $114,950 (-17.7%) $141,889 (-6.0%) 0.00 34
2021-06-01 $135,725 (14.3%) $165,181 (15.0%) 0.00 29
2021-07-01 $125,000 (7.0%) $153,181 (1.9%) 0.00 27
2021-08-01 $139,500 (16.7%) $168,731 (5.9%) 0.00 38
2021-09-01 $156,400 (15.9%) $190,038 (15.3%) 0.00 39
2021-10-01 $139,000 (16.3%) $169,277 (19.4%) 0.00 47
2021-11-01 $134,100 (22.5%) $187,713 (35.8%) 0.00 39
2021-12-01 $136,875 (37.6%) $194,670 (43.6%) 0.00 35
2022-01-01 $136,750 (53.7%) $197,923 (55.0%) 0.00 31
2022-02-01 $127,000 (27.3%) $195,668 (34.1%) 0.00 31
2022-03-01 $120,000 (12.6%) $193,898 (25.8%) 0.00 34
2022-04-01 $172,450 (46.8%) $189,528 (19.3%) 0.00 33
2022-05-01 $181,725 (58.1%) $194,463 (37.1%) 0.00 37
2022-06-01 $157,000 (15.7%) $180,785 (9.5%) 0.00 42
2022-07-01 $159,000 (27.2%) $181,013 (18.2%) 0.00 44
2022-08-01 $147,000 (5.4%) $167,219 (-0.9%) 0.00 58
2022-09-01 $149,450 (-4.4%) $179,480 (-5.6%) 0.00 64
2022-10-01 $149,900 (7.8%) $184,892 (9.2%) 0.00 61
2022-11-01 $148,750 (10.9%) $180,441 (-3.9%) 0.00 64
2022-12-01 $159,900 (16.8%) $177,848 (-8.6%) 0.00 58
2023-01-01 $148,500 (8.6%) $161,539 (-18.4%) 0.00 59
2023-02-01 $147,500 (16.1%) $164,197 (-16.1%) 0.00 59
2023-03-01 $147,250 (22.7%) $165,635 (-14.6%) 0.00 54
2023-04-01 $149,900 (-13.1%) $168,342 (-11.2%) 0.00 47
2023-05-01 $152,450 (-16.1%) $181,456 (-6.7%) 0.00 46
2023-06-01 $166,450 (6.0%) $203,660 (12.7%) 0.00 45
2023-07-01 $175,000 (10.1%) $206,091 (13.9%) 0.00 53
2023-08-01 $187,375 (27.5%) $205,471 (22.9%) 0.00 66
2023-09-01 $199,950 (33.8%) $217,998 (21.5%) 0.00 63
2023-10-01 $183,625 (22.5%) $210,524 (13.9%) 0.00 63
2023-11-01 $184,725 (24.2%) $224,050 (24.2%) 0.00 62
2023-12-01 $192,500 (20.4%) $238,238 (34.0%) 0.00 53
Marshall's median listing price for 2023-12-01 was $192,500, a difference of $32,600 (20.4%) versus the prior year and $7,775 versus the prior month.

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

Marshall's average listing price for 2023-12-01 was $238,238, a difference of $60,390 (34.0%) versus the prior year and $14,188 versus the prior month.

For the 2023-12-01 period, Marshall had 53 MLS listings, a difference of -9 listings (-15%) versus the prior month and -5 listings (-9%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Marshall (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,375 sqft
2018-02-01 0 days 1,403 sqft
2018-03-01 0 days 1,412 sqft
2018-04-01 0 days 1,450 sqft
2018-05-01 0 days 1,595 sqft
2018-06-01 0 days 1,621 sqft
2018-07-01 0 days 1,604 sqft
2018-08-01 0 days 1,696 sqft
2018-09-01 0 days 1,748 sqft
2018-10-01 0 days 1,855 sqft
2018-11-01 0 days 1,700 sqft
2018-12-01 0 days 1,638 sqft
2019-01-01 0 days 1,621 sqft
2019-02-01 0 days 1,655 sqft
2019-03-01 0 days 1,726 sqft
2019-04-01 0 days 1,853 sqft
2019-05-01 0 days 1,955 sqft
2019-06-01 0 days 1,938 sqft
2019-07-01 0 days 1,902 sqft
2019-08-01 0 days 1,880 sqft
2019-09-01 0 days 1,864 sqft
2019-10-01 0 days 1,868 sqft
2019-11-01 0 days 1,863 sqft
2019-12-01 0 days 1,734 sqft
2020-01-01 0 days 1,740 sqft
2020-02-01 0 days 1,793 sqft
2020-03-01 0 days 1,818 sqft
2020-04-01 0 days 1,757 sqft
2020-05-01 0 days 1,686 sqft
2020-06-01 0 days 1,592 sqft
2020-07-01 0 days 1,617 sqft
2020-08-01 0 days 1,668 sqft
2020-09-01 0 days 1,643 sqft
2020-10-01 0 days 1,600 sqft
2020-11-01 0 days 1,427 sqft
2020-12-01 0 days 1,495 sqft
2021-01-01 0 days 1,428 sqft
2021-02-01 0 days 1,601 sqft
2021-03-01 0 days 1,652 sqft
2021-04-01 0 days 1,744 sqft
2021-05-01 0 days 1,500 sqft
2021-06-01 0 days 1,432 sqft
2021-07-01 0 days 1,272 sqft
2021-08-01 0 days 1,449 sqft
2021-09-01 0 days 1,622 sqft
2021-10-01 0 days 1,480 sqft
2021-11-01 0 days 1,418 sqft
2021-12-01 0 days 1,496 sqft
2022-01-01 0 days 1,475 sqft
2022-02-01 0 days 1,379 sqft
2022-03-01 0 days 1,425 sqft
2022-04-01 0 days 1,611 sqft
2022-05-01 0 days 1,640 sqft
2022-06-01 0 days 1,534 sqft
2022-07-01 0 days 1,580 sqft
2022-08-01 0 days 1,392 sqft
2022-09-01 0 days 1,373 sqft
2022-10-01 0 days 1,519 sqft
2022-11-01 0 days 1,550 sqft
2022-12-01 0 days 1,671 sqft
2023-01-01 0 days 1,532 sqft
2023-02-01 0 days 1,551 sqft
2023-03-01 0 days 1,549 sqft
2023-04-01 0 days 1,638 sqft
2023-05-01 0 days 1,753 sqft
2023-06-01 0 days 1,681 sqft
2023-07-01 0 days 1,728 sqft
2023-08-01 0 days 1,675 sqft
2023-09-01 0 days 1,731 sqft
2023-10-01 0 days 1,729 sqft
2023-11-01 0 days 1,734 sqft
2023-12-01 0 days 1,707 sqft
Marshall's median listing age (time on market) for 2023-12-01 was 0 days.

Marshall's median square footage for active listings during the 2023-12-01 period was 1,707 sqft. One year prior, the average listing was 1,671 sqft.

Marshall, MO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 290 $39,520,000 $136,276
Cash Out Refi 59 $7,045,000 $119,407
Refi 53 $8,065,000 $152,170
Home Improvement 17 $1,345,000 $79,118
Other 8 $920,000 $115,000

Marshall's most frequently cited loan purpose was Home Purchase, with 290 originations. The 2nd most popular reason was Cash Out Refi, with 59 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 127 $18,125,000 $142,717
4-5% 85 $11,485,000 $135,118
6-7% 71 $9,685,000 $136,408
3-4% 55 $7,105,000 $129,182
7-8% 26 $3,240,000 $124,615
Over 8% 11 $585,000 $53,182
2.5-3% 7 $915,000 $130,714
<2.5% 4 $840,000 $210,000

During 2022, Marshall's most frequently originated rate bucket was 5-6%, with 127 originations.

Loan Sizing (Marshall, MO MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 196 $27,970,000 $142,704
$100,000 or less 174 $10,930,000 $62,816
$200k-400k 49 $12,565,000 $256,429
$400k-600k 4 $1,820,000 $455,000
$600k-1000k 2 $1,350,000 $675,000
$Over $1MM 2 $2,260,000 $1,130,000

Marshall's loan sizing saw the bucket of loans from $100k-200k with 196 originations, totaling $27,970,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 205 $29,105,000 $141,976
60-80% 98 $15,590,000 $159,082
40-60% 37 $3,685,000 $99,595
20-40% 24 $1,870,000 $77,917
Under 20% 14 $500,000 $35,714
Over 100% 8 $1,230,000 $153,750

Marshall's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 205 originations, totaling $29,105,000 in origination value.