Mexico Mortgage Rates

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

30 Year Fixed Rate mortgages in Mexico averaged 5.92% 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 6.33% and one month ago for the week of 2022-05-26, the average rate was 5.42%.

Mexico's average rate one year ago was 3.28%.

For refis of the same type during the week of 2022-06-30, the average rate was 6.06%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Mexico 30 Year Fixed Rate 2022-06-30 5.92%
Mexico 30 Year Fixed Rate Refi 2022-06-30 6.06%
Mexico 15 Year Fixed Rate 2022-06-30 5.27%
Mexico 15 Year Fixed Rate Refi 2022-06-30 5.19%
Mexico 30 Year FHA 2022-06-30 5.59%
Mexico 30 Year FHA Refi 2022-06-30 5.63%
Mexico 30 Year USDA 2022-06-30 5.52%
Mexico 30 Year USDA Refi 2022-06-30 5.22%
Mexico 30 Year VA 2022-06-30 5.69%
Mexico 30 Year VA Refi 2022-06-30 5.22%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mexico, MO.

Mexico 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 Mexico, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
FLAT BRANCH MORTGAGE, INC. 44 3.32% $2,268
First State Community Bank 21 3.08% $1,573
DAS Acquisition Company, LLC 17 3.46% $3,103
COMMUNITY MORTGAGE, LLC 15 3.02% $2,155
The Central Trust Bank 13 3.36% $2,290
QUICKEN LOANS, LLC 8 3.22% $4,668
Commerce Bank 7 3.57% $2,503
The Bank of Missouri 6 2.98% $2,177
The Callaway Bank 6 3.29% $1,679
U.S. Bank 6 3.06% $1,926
HomeBank 4 3.22% $1,577
HNB National Bank 3 3.54% $963
MISSOURI Credit Union 3 2.96% $2,023
Flagstar Bank, FSB 3 3.09% $2,724
Wells Fargo Bank 3 3.38% $3,004
Mortgage Research Center, LLC 3 2.67% $1,370
Servion, Inc. 2 3.31% $3,131
ON Q FINANCIAL, INC. 2 3.38% $2,100
PENNYMAC LOAN SERVICES, LLC 2 3.37% $2,943
Bank of America 2 3.13% $2,171
NAVY FEDERAL CREDIT UNION 2 3.44% $1,288
Midwest Mortgage Associates Corporation 2 2.88% $4,518
Oakstar Bank 1 2.75% $1,984
Paramount Bank 1 2.50% $2,134
PENTAGON FEDERAL CREDIT UNION 1 4.13% $14,466
PLAZA HOME MORTGAGE, INC. 1 2.99% $3,174
PNC Bank 1 3.38% $1,791
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.38% $2,089
ROYAL UNITED MORTGAGE LLC 1 2.88% $4,723
Simmons Bank 1 2.88% $2,023
TruHome Solutions, LLC 1 3.25% $1,483
United Credit Union 1 3.25% $1,431
UNITED WHOLESALE MORTGAGE, LLC 1 3.63% $4,706
AMERICAN FINANCING CORPORATION 1 2.75% $2,796
WEST COMMUNITY 1 3.25% $2,250
AMERISAVE MORTGAGE CORPORATION 1 3.38% $5,477
Arvest Bank 1 2.50% $2,479
BROKER SOLUTIONS, INC. 1 3.50% $3,216
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 2.75% $2,087
Carrington Mortgage Services, LLC 1 3.88% $3,565
Carrollton Bank 1 2.88% $2,421
CHURCHILL MORTGAGE CORPORATION 1 3.50% $4,097
Community Mortgage Banc Corporation 1 3.35% $1,709
DELMAR FINANCIAL COMPANY 1 2.63% $2,211
Discover Bank 1 4.75% $0
ENDEAVOR CAPITAL, LLC. 1 2.75% $3,354
FCS Financial FLCA 1 3.65% $2,373
FIRST COMMUNITY 1 3.25% $2,278
First Federal Bank of Kansas City 1 2.88% $3,495
First State Bank of St. Charles, Missouri 1 2.88% $2,569
Fortress Bank 1 2.88% $2,141
GERSHMAN INVESTMENT CORP. 1 3.38% $2,219
GUILD MORTGAGE COMPANY 1 3.63% $2,543
JPMorgan Chase Bank 1 3.25% $2,812
LOANDEPOT.COM, LLC 1 2.99% $3,133
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.25% $3,475

Mexico, MO's 56 lenders originated 645 loans during 2021. The total origination value was $85,325,000, with an average loan value of $132,287.

The top Mexico lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 44 loans originated. Their average total fees are $2,268, which is $695 higher than the next largest lender, First State Community Bank.

The lowest fee Mexico lenders (with over 10 loans originated) are First State Community Bank ($1,573), COMMUNITY MORTGAGE, LLC ($2,155), FLAT BRANCH MORTGAGE, INC. ($2,268), The Central Trust Bank ($2,290) and DAS Acquisition Company, LLC ($3,103).

The lowest rate Mexico lenders (with over 10 loans originated) are COMMUNITY MORTGAGE, LLC (3.02%), First State Community Bank (3.08%), FLAT BRANCH MORTGAGE, INC. (3.32%), The Central Trust Bank (3.36%) and DAS Acquisition Company, LLC (3.46%).

Mexico, MO 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
FLAT BRANCH MORTGAGE, INC. $10,935,000 $15,020,000 37.4% 17.6%
First State Community Bank $3,470,000 $6,985,000 101.3% 8.2%
COMMUNITY MORTGAGE, LLC $4,710,000 $5,035,000 6.9% 5.9%
Commerce Bank $6,815,000 $4,320,000 -36.6% 5.1%
QUICKEN LOANS, LLC $6,215,000 $4,180,000 -32.7% 4.9%
DAS Acquisition Company, LLC $1,920,000 $3,900,000 103.1% 4.6%
Mortgage Research Center, LLC $2,440,000 $3,865,000 58.4% 4.5%
U.S. Bank $2,480,000 $3,565,000 43.8% 4.2%
United Credit Union $2,920,000 $3,410,000 16.8% 4.0%
The Central Trust Bank $675,000 $3,315,000 391.1% 3.9%
HomeBank $3,145,000 $2,650,000 -15.7% 3.1%
The Bank of Missouri $2,375,000 $1,905,000 -19.8% 2.2%
The Callaway Bank $2,225,000 $1,575,000 -29.2% 1.8%
HNB National Bank $1,085,000 $1,480,000 36.4% 1.7%
PENNYMAC LOAN SERVICES, LLC $140,000 $1,405,000 903.6% 1.6%
Community State Bank of Missouri $540,000 $925,000 71.3% 1.1%
PENTAGON FEDERAL CREDIT UNION $135,000 $885,000 555.6% 1.0%
COMMERCIAL TRUST COMPANY OF FAYETTE $840,000 n/a 1.0%
FREEDOM MORTGAGE CORPORATION $540,000 $795,000 47.2% 0.9%
Midwest Mortgage Associates Corporation $510,000 $770,000 51.0% 0.9%
Flagstar Bank, FSB $145,000 $735,000 406.9% 0.9%
Exchange Bank of Missouri $580,000 $705,000 21.6% 0.8%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $115,000 $700,000 508.7% 0.8%
Regional Missouri Bank $250,000 $660,000 164.0% 0.8%
MISSOURI Credit Union $565,000 $640,000 13.3% 0.8%
FCS Financial FLCA $625,000 n/a 0.7%
River Region Credit Union $115,000 $540,000 369.6% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $380,000 $485,000 27.6% 0.6%
GERSHMAN INVESTMENT CORP. $200,000 $470,000 135.0% 0.6%
Wells Fargo Bank $375,000 $465,000 24.0% 0.5%
USAA Federal Savings Bank $145,000 $455,000 213.8% 0.5%
Paramount Bank $450,000 n/a 0.5%
MUTUAL OF OMAHA MORTGAGE, INC. $445,000 n/a 0.5%
NAVY FEDERAL CREDIT UNION $60,000 $440,000 633.3% 0.5%
LOANDEPOT.COM, LLC $55,000 $395,000 618.2% 0.5%
Servion, Inc. $670,000 $395,000 -41.0% 0.5%
HOMEBRIDGE FINANCIAL SERVICES, INC. $380,000 n/a 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $375,000 n/a 0.4%
BROKER SOLUTIONS, INC. $365,000 n/a 0.4%
UNITED WHOLESALE MORTGAGE, LLC $155,000 $360,000 132.3% 0.4%
Community Mortgage Banc Corporation $350,000 n/a 0.4%
HOME POINT FINANCIAL CORPORATION $705,000 $350,000 -50.4% 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $460,000 $350,000 -23.9% 0.4%
UNION HOME MORTGAGE CORP. $105,000 $335,000 219.0% 0.4%
Springfield First Community Bank $315,000 n/a 0.4%
VILLAGE CAPITAL & INVESTMENT LLC $200,000 $315,000 57.5% 0.4%
Fortress Bank $285,000 n/a 0.3%
AMERICAN FINANCING CORPORATION $275,000 n/a 0.3%
Arvest Bank $65,000 $265,000 307.7% 0.3%
NEWREZ LLC $260,000 n/a 0.3%
Alliant Bank $415,000 $250,000 -39.8% 0.3%
CMG MORTGAGE, INC. $240,000 n/a 0.3%
GUILD MORTGAGE COMPANY $95,000 $235,000 147.4% 0.3%
AMERISAVE MORTGAGE CORPORATION $545,000 $230,000 -57.8% 0.3%
ON Q FINANCIAL, INC. $735,000 $210,000 -71.4% 0.2%
ENDEAVOR CAPITAL, LLC. $210,000 $205,000 -2.4% 0.2%
Bank of America $200,000 n/a 0.2%
Deere Employees Credit Union $200,000 n/a 0.2%
First Guaranty Mortgage Corporation $195,000 n/a 0.2%
21ST MORTGAGE CORPORATION $80,000 $190,000 137.5% 0.2%
Carrington Mortgage Services, LLC $200,000 $190,000 -5.0% 0.2%
GUARANTEED RATE, INC. $180,000 n/a 0.2%
CHURCHILL MORTGAGE CORPORATION $310,000 $175,000 -43.5% 0.2%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $175,000 n/a 0.2%
DELMAR FINANCIAL COMPANY $165,000 n/a 0.2%
PNC Bank $55,000 $165,000 200.0% 0.2%
PLAZA HOME MORTGAGE, INC. $155,000 n/a 0.2%
WEST COMMUNITY $170,000 $155,000 -8.8% 0.2%
First Federal Bank of Kansas City $145,000 n/a 0.2%
Simmons Bank $185,000 $145,000 -21.6% 0.2%
LEADERONE FINANCIAL CORPORATION $135,000 n/a 0.2%
Low VA Rates, LLC $135,000 n/a 0.2%
SCOTT CREDIT UNION $135,000 n/a 0.2%
Magnolia Bank $245,000 $125,000 -49.0% 0.1%
Oakstar Bank $125,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $125,000 n/a 0.1%
TruHome Solutions, LLC $125,000 n/a 0.1%
Discover Bank $115,000 n/a 0.1%
Carrollton Bank $95,000 n/a 0.1%
First State Bank of St. Charles, Missouri $95,000 n/a 0.1%
JPMorgan Chase Bank $235,000 $95,000 -59.6% 0.1%
FIRST COMMUNITY $85,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $330,000 $65,000 -80.3% 0.1%
CALIBER HOME LOANS, INC. $55,000 n/a 0.1%

Mexico's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 17.6% market share. In second place, with 8.2%, is First State Community Bank, having originated $6,985,000 in loans. In third place, with 5.9%, is COMMUNITY MORTGAGE, LLC, having originated $5,035,000 in loans. In third place, with 5.1%, is Commerce Bank, having originated $4,320,000 in loans. In third place, with 4.9%, is QUICKEN LOANS, LLC, having originated $4,180,000 in loans.


Mexico, MO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 361 $47,115,000 $130,512
Refi 185 $25,005,000 $135,162
Cash Out Refi 72 $11,070,000 $153,750
Other 14 $1,250,000 $89,286
Home Improvement 13 $885,000 $68,077

Mexico's most frequently cited loan purpose was Home Purchase, with 361 originations. The 2nd most popular reason was Refi, with 185 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 274 $37,550,000 $137,044
2.5-3% 178 $26,090,000 $146,573
<2.5% 59 $8,875,000 $150,424
4-5% 54 $5,260,000 $97,407
5-6% 5 $205,000 $41,000
7-8% 2 $120,000 $60,000
Over 8% 1 $135,000 $135,000

During 2021, Mexico's most frequently originated rate bucket was 3-4%, with 274 originations.

Loan Sizing (Mexico, MO MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 271 $37,585,000 $138,690
$100,000 or less 268 $17,310,000 $64,590
$200k-400k 97 $25,335,000 $261,186
$400k-600k 7 $3,205,000 $457,857
$600k-1000k 1 $885,000 $885,000
$Over $1MM 1 $1,005,000 $1,005,000

Mexico's loan sizing saw the bucket of loans from $100k-200k with 271 originations, totaling $37,585,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 303 $43,415,000 $143,284
60-80% 168 $23,030,000 $137,083
40-60% 57 $7,085,000 $124,298
20-40% 17 $2,005,000 $117,941
Under 20% 9 $305,000 $33,889
Over 100% 3 $375,000 $125,000

Mexico's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 303 originations, totaling $43,415,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Mexico (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 $77,050 (17.6%) $108,396 (4.8%) 0.00 110
2018-02-01 $74,200 (6.2%) $100,751 (-6.4%) 0.00 108
2018-03-01 $75,500 (-7.9%) $101,969 (-6.8%) 0.00 109
2018-04-01 $89,500 (10.6%) $111,985 (-1.6%) 0.00 102
2018-05-01 $99,500 (28.5%) $121,614 (10.2%) 0.00 112
2018-06-01 $93,500 (17.0%) $117,726 (3.7%) 0.00 122
2018-07-01 $103,700 (38.3%) $134,402 (18.7%) 0.00 127
2018-08-01 $99,650 (20.9%) $142,826 (22.3%) 0.00 126
2018-09-01 $110,000 (43.8%) $144,568 (21.1%) 0.00 130
2018-10-01 $114,250 (56.7%) $145,160 (27.7%) 0.00 131
2018-11-01 $94,500 (35.2%) $135,032 (22.6%) 0.00 140
2018-12-01 $95,000 (36.7%) $134,827 (28.5%) 0.00 146
2019-01-01 $92,000 (19.4%) $125,292 (15.6%) 0.00 138
2019-02-01 $95,000 (28.0%) $131,616 (30.6%) 0.00 150
2019-03-01 $101,386 (34.3%) $140,687 (38.0%) 0.00 143
2019-04-01 $119,450 (33.5%) $150,768 (34.6%) 0.00 124
2019-05-01 $137,200 (37.9%) $161,250 (32.6%) 0.00 122
2019-06-01 $132,500 (41.7%) $163,486 (38.9%) 0.00 121
2019-07-01 $126,700 (22.2%) $159,802 (18.9%) 0.00 129
2019-08-01 $129,729 (30.2%) $156,358 (9.5%) 0.00 139
2019-09-01 $127,250 (15.7%) $150,111 (3.8%) 0.00 128
2019-10-01 $129,900 (13.7%) $147,320 (1.5%) 0.00 121
2019-11-01 $110,000 (16.4%) $136,346 (1.0%) 0.00 142
2019-12-01 $107,950 (13.6%) $132,992 (-1.4%) 0.00 137
2020-01-01 $102,700 (11.6%) $127,417 (1.7%) 0.00 122
2020-02-01 $92,500 (-2.6%) $126,816 (-3.7%) 0.00 102
2020-03-01 $89,900 (-11.3%) $126,987 (-9.7%) 0.00 96
2020-04-01 $89,900 (-24.7%) $127,362 (-15.5%) 0.00 88
2020-05-01 $93,500 (-31.9%) $134,011 (-16.9%) 0.00 88
2020-06-01 $101,700 (-23.3%) $137,537 (-15.9%) 0.00 79
2020-07-01 $107,500 (-15.2%) $137,220 (-14.1%) 0.00 85
2020-08-01 $124,900 (-3.7%) $151,247 (-3.3%) 0.00 81
2020-09-01 $119,000 (-6.5%) $150,462 (0.2%) 0.00 75
2020-10-01 $110,000 (-15.3%) $146,834 (-0.3%) 0.00 77
2020-11-01 $129,950 (18.1%) $157,053 (15.2%) 0.00 75
2020-12-01 $110,000 (1.9%) $139,377 (4.8%) 0.00 77
2021-01-01 $110,000 (7.1%) $147,566 (15.8%) 0.00 63
2021-02-01 $114,950 (24.3%) $169,515 (33.7%) 0.00 44
2021-03-01 $127,450 (41.8%) $186,008 (46.5%) 0.00 31
2021-04-01 $118,950 (32.3%) $161,269 (26.6%) 0.00 33
2021-05-01 $119,900 (28.2%) $162,377 (21.2%) 0.00 35
2021-06-01 $94,825 (-6.8%) $151,700 (10.3%) 0.00 41
2021-07-01 $80,250 (-25.4%) $131,659 (-4.1%) 0.00 46
2021-08-01 $75,750 (-39.4%) $126,262 (-16.5%) 0.00 42
2021-09-01 $91,750 (-22.9%) $167,929 (11.6%) 0.00 46
2021-10-01 $128,900 (17.2%) $175,633 (19.6%) 0.00 68
2021-11-01 $119,000 (-8.4%) $173,539 (10.5%) 0.00 66
2021-12-01 $89,450 (-18.7%) $150,268 (7.8%) 0.00 52
2022-01-01 $110,000 (0.0%) $146,246 (-0.9%) 0.00 40
2022-02-01 $127,450 (10.9%) $150,970 (-10.9%) 0.00 32
2022-03-01 $130,000 (2.0%) $166,317 (-10.6%) 0.00 31
2022-04-01 $139,000 (16.9%) $182,705 (13.3%) 0.00 39
2022-05-01 $147,500 (23.0%) $180,858 (11.4%) 0.00 39
2022-06-01 $141,200 (48.9%) $174,909 (15.3%) 0.00 49
Mexico's median listing price for 2022-06-01 was $141,200, a difference of $46,375 (48.9%) versus the prior year and $-6,300 versus the prior month.

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

Mexico's average listing price for 2022-06-01 was $174,909, a difference of $23,209 (15.3%) versus the prior year and $-5,949 versus the prior month.

For the 2022-06-01 period, Mexico had 49 MLS listings, a difference of 10 listings (26%) versus the prior month and 8 listings (20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Mexico (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,396 sqft
2018-02-01 0 days 1,422 sqft
2018-03-01 0 days 1,525 sqft
2018-04-01 0 days 1,548 sqft
2018-05-01 0 days 1,554 sqft
2018-06-01 0 days 1,525 sqft
2018-07-01 0 days 1,560 sqft
2018-08-01 0 days 1,568 sqft
2018-09-01 0 days 1,560 sqft
2018-10-01 0 days 1,589 sqft
2018-11-01 0 days 1,568 sqft
2018-12-01 0 days 1,549 sqft
2019-01-01 0 days 1,426 sqft
2019-02-01 0 days 1,434 sqft
2019-03-01 0 days 1,503 sqft
2019-04-01 0 days 1,653 sqft
2019-05-01 0 days 1,696 sqft
2019-06-01 0 days 1,620 sqft
2019-07-01 0 days 1,562 sqft
2019-08-01 0 days 1,566 sqft
2019-09-01 0 days 1,560 sqft
2019-10-01 0 days 1,616 sqft
2019-11-01 0 days 1,560 sqft
2019-12-01 0 days 1,561 sqft
2020-01-01 0 days 1,561 sqft
2020-02-01 0 days 1,447 sqft
2020-03-01 0 days 1,399 sqft
2020-04-01 0 days 1,394 sqft
2020-05-01 0 days 1,560 sqft
2020-06-01 0 days 1,680 sqft
2020-07-01 0 days 1,702 sqft
2020-08-01 0 days 1,795 sqft
2020-09-01 0 days 1,606 sqft
2020-10-01 0 days 1,511 sqft
2020-11-01 0 days 1,534 sqft
2020-12-01 0 days 1,481 sqft
2021-01-01 0 days 1,481 sqft
2021-02-01 0 days 1,401 sqft
2021-03-01 0 days 1,401 sqft
2021-04-01 0 days 1,486 sqft
2021-05-01 0 days 1,355 sqft
2021-06-01 0 days 1,333 sqft
2021-07-01 0 days 1,298 sqft
2021-08-01 0 days 1,350 sqft
2021-09-01 0 days 1,596 sqft
2021-10-01 0 days 1,586 sqft
2021-11-01 0 days 1,484 sqft
2021-12-01 0 days 1,417 sqft
2022-01-01 0 days 1,217 sqft
2022-02-01 0 days 1,183 sqft
2022-03-01 0 days 1,212 sqft
2022-04-01 0 days 1,500 sqft
2022-05-01 0 days 1,564 sqft
2022-06-01 0 days 1,434 sqft
Mexico's median listing age (time on market) for 2022-06-01 was 0 days.

Mexico's median square footage for active listings during the 2022-06-01 period was 1,434 sqft. One year prior, the average listing was 1,333 sqft.