Marshall 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 Marshall averaged 6.66% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

    The average rate for the prior week (2023-03-16) was 6.94% and one month ago for the week of 2023-02-16, the average rate was 6.46%.

    Marshall's average rate one year ago was 3.92%.

    For refis of the same type during the week of 2023-03-23, the average rate was 7.19%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-23 6.42%
    Marshall 30 Year Fixed Rate 2023-03-23 6.66%
    Marshall 30 Year Fixed Rate Refi 2023-03-23 7.19%
    Marshall 15 Year Fixed Rate 2023-03-23 7.51%
    Marshall 15 Year Fixed Rate Refi 2023-03-23 6.24%
    Marshall 30 Year FHA 2023-03-23 6.17%
    Marshall 30 Year FHA Refi 2023-03-23 6.3%
    Marshall 30 Year USDA 2023-03-23 6.44%
    Marshall 30 Year USDA Refi 2023-03-23 6.18%
    Marshall 30 Year VA 2023-03-23 6.11%
    Marshall 30 Year VA Refi 2023-03-23 5.68%
    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 (37.0%) $134,911 (18.4%) 0.00 120
    2018-11-01 $123,750 (38.0%) $130,697 (20.5%) 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 94
    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
    Marshall's median listing price for 2023-02-01 was $147,500, a difference of $20,500 (16.1%) versus the prior year and $-1,000 versus the prior month.

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

    Marshall's average listing price for 2023-02-01 was $164,197, a difference of $-31,471 (-16.1%) versus the prior year and $2,658 versus the prior month.

    For the 2023-02-01 period, Marshall had 59 MLS listings, a difference of 0 listings (0%) versus the prior month and 28 listings (90%) 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 1,379 sqft
    2021-12-01 0 days 1,449 sqft
    2022-01-01 0 days 1,440 sqft
    2022-02-01 0 days 1,379 sqft
    2022-03-01 0 days 1,400 sqft
    2022-04-01 0 days 1,600 sqft
    2022-05-01 0 days 1,628 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
    Marshall's median listing age (time on market) for 2023-02-01 was 0 days.

    Marshall's median square footage for active listings during the 2023-02-01 period was 1,551 sqft. One year prior, the average listing was 1,379 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.