MORRISTOWN Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Morristown averaged
6.81%
for the week of 2025-02-13, compared to the national average of
6.87% for the same period.
The average rate for the prior week (2025-02-06) was
6.63% and
one month ago for the week of 2025-01-09, the
average rate was 6.57%.
Morristown's average rate one year ago was 6.38%.
For refis of the same type during the week of 2025-02-13, the average rate
was 7.19%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2025-02-13 | 6.87% |
Morristown 30 Year Fixed Rate | 2025-02-13 | 6.81% |
Morristown 30 Year Fixed Rate Refi | 2025-02-13 | 7.19% |
Morristown 15 Year Fixed Rate | 2025-02-13 | 5.89% |
Morristown 15 Year Fixed Rate Refi | 2025-02-13 | 5.99% |
Morristown 30 Year FHA | 2025-02-13 | 6.01% |
Morristown 30 Year FHA Refi | 2025-02-13 | 6.32% |
Morristown 30 Year USDA | 2025-02-13 | 6.43% |
Morristown 30 Year USDA Refi | 2025-02-13 | 6.63% |
Morristown 30 Year VA | 2025-02-13 | 6.48% |
Morristown 30 Year VA Refi | 2025-02-13 | 6.63% |
MORRISTOWN 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 MORRISTOWN, TN 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.).
MORRISTOWN Average Closing Costs & Other Stats
MORRISTOWN, TN's 134 lenders originated 2,941
loans during 2023. The total origination value was $643,235,000, with an average loan value of
$218,713.
MORRISTOWN's average closing costs are $5,460.
The top MORRISTOWN lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with
93 loans originated. Their average total fees are
$2,320, which is $2,941
lower than the next largest lender,
MORTGAGE INVESTORS GROUP, INC..
The lowest fee MORRISTOWN lenders (with over 10 loans originated) are
Commercial Bank ($1,661), DHI MORTGAGE COMPANY, LTD. ($2,320), CONSUMER Credit Union ($3,874), Truist ($4,675) and FIRST COMMUNITY MORTGAGE, INC. ($4,730).
The lowest rate MORRISTOWN lenders (with over 10 loans originated) are
ORNL Federal Credit Union (5.65%), DHI MORTGAGE COMPANY, LTD. (5.94%), Truist (6.30%), CONSUMER Credit Union (6.32%) and Regions Bank (6.46%).
MORRISTOWN, TN 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 |
---|---|---|---|---|
DHI MORTGAGE COMPANY, LTD. | $32,900,000 | $50,415,000 | 53.2% | 7.8% |
MORTGAGE INVESTORS GROUP, INC. | $62,210,000 | $42,815,000 | -31.2% | 6.7% |
QUICKEN LOANS, LLC | $47,095,000 | $34,940,000 | -25.8% | 5.4% |
ORNL Federal Credit Union | $21,680,000 | $28,090,000 | 29.6% | 4.4% |
CMG MORTGAGE, INC. | $14,645,000 | $24,110,000 | 64.6% | 3.7% |
UNITED WHOLESALE MORTGAGE, LLC | $18,300,000 | $22,760,000 | 24.4% | 3.5% |
KNOXVILLE TVA EMPLOYEES CREDIT UNION | $47,220,000 | $21,840,000 | -53.7% | 3.4% |
EASTMAN | $47,940,000 | $12,790,000 | -73.3% | 2.0% |
First Horizon Bank | $17,480,000 | $12,655,000 | -27.6% | 2.0% |
CONSUMER Credit Union | $30,460,000 | $12,505,000 | -58.9% | 1.9% |
UNION HOME MORTGAGE CORP. | $9,855,000 | $12,280,000 | 24.6% | 1.9% |
MOVEMENT MORTGAGE, LLC | $12,290,000 | $11,920,000 | -3.0% | 1.9% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $8,365,000 | $11,920,000 | 42.5% | 1.9% |
Citizens National Bank | $33,800,000 | $11,555,000 | -65.8% | 1.8% |
FirstBank | $12,725,000 | $10,925,000 | -14.1% | 1.7% |
Mortgage Research Center, LLC | $20,160,000 | $10,865,000 | -46.1% | 1.7% |
FIRST COMMUNITY MORTGAGE, INC. | $10,455,000 | $10,785,000 | 3.2% | 1.7% |
CARDINAL FINANCIAL | $18,650,000 | $10,450,000 | -44.0% | 1.6% |
Citizens Bank and Trust Company of Grainger County | $9,745,000 | n/a | 1.5% | |
U.S. Bank | $16,125,000 | $9,375,000 | -41.9% | 1.5% |
Commercial Bank | $10,380,000 | $8,860,000 | -14.6% | 1.4% |
LIMA ONE CAPITAL, LLC | $7,785,000 | n/a | 1.2% | |
Andrew Johnson Bank | $15,725,000 | $7,400,000 | -52.9% | 1.2% |
Truist | $9,355,000 | $7,330,000 | -21.6% | 1.1% |
Regions Bank | $10,920,000 | $7,045,000 | -35.5% | 1.1% |
NAVY FEDERAL CREDIT UNION | $8,070,000 | $6,495,000 | -19.5% | 1.0% |
Home Federal Bank of Tennessee | $7,900,000 | $6,365,000 | -19.4% | 1.0% |
PENNYMAC LOAN SERVICES, LLC | $11,455,000 | $6,195,000 | -45.9% | 1.0% |
CROSSCOUNTRY MORTGAGE, LLC | $7,735,000 | $6,000,000 | -22.4% | 0.9% |
Community Trust Bank, Inc. | $10,255,000 | $5,445,000 | -46.9% | 0.8% |
AMERICAN FINANCIAL RESOURCES, INC. | $4,070,000 | $5,410,000 | 32.9% | 0.8% |
BROKER SOLUTIONS, INC. | $14,110,000 | $5,240,000 | -62.9% | 0.8% |
FREEDOM MORTGAGE CORPORATION | $10,345,000 | $4,870,000 | -52.9% | 0.8% |
Sierra Pacific Mortgage Company, Inc. | $3,895,000 | $4,775,000 | 22.6% | 0.7% |
Farm Credit Mid-America, ACA | $11,625,000 | $4,645,000 | -60.0% | 0.7% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $5,595,000 | $4,325,000 | -22.7% | 0.7% |
EVERETT FINANCIAL, INC. | $1,225,000 | $4,295,000 | 250.6% | 0.7% |
ACADEMY MORTGAGE CORPORATION | $8,785,000 | $4,140,000 | -52.9% | 0.6% |
Citizens Bank | $5,945,000 | $4,105,000 | -31.0% | 0.6% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,195,000 | $3,900,000 | -7.0% | 0.6% |
SmartBank | $4,685,000 | $3,885,000 | -17.1% | 0.6% |
The Federal Savings Bank | $2,835,000 | $3,455,000 | 21.9% | 0.5% |
Wells Fargo Bank | $8,250,000 | $3,440,000 | -58.3% | 0.5% |
HomeTrust Bank | $6,905,000 | $3,375,000 | -51.1% | 0.5% |
LOANDEPOT.COM, LLC | $10,995,000 | $3,260,000 | -70.4% | 0.5% |
Peoples Bank of the South | $1,385,000 | $3,215,000 | 132.1% | 0.5% |
1ST SIGNATURE LENDING, LLC | $1,795,000 | $3,210,000 | 78.8% | 0.5% |
STOCKTON MORTGAGE CORPORATION | $2,625,000 | $3,020,000 | 15.0% | 0.5% |
Carrington Mortgage Services, LLC | $3,070,000 | $2,790,000 | -9.1% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $6,860,000 | $2,680,000 | -60.9% | 0.4% |
21ST MORTGAGE CORPORATION | $3,140,000 | $2,600,000 | -17.2% | 0.4% |
NEWREZ LLC | $2,605,000 | $2,460,000 | -5.6% | 0.4% |
COMPASS MORTGAGE, INC. | $430,000 | $2,160,000 | 402.3% | 0.3% |
First Century Bank | $4,260,000 | $2,150,000 | -49.5% | 0.3% |
ENRICHMENT | $1,245,000 | $2,015,000 | 61.8% | 0.3% |
Powell Valley National Bank | $755,000 | $1,960,000 | 159.6% | 0.3% |
Northpointe Bank | $4,635,000 | $1,810,000 | -60.9% | 0.3% |
NFM, INC. | $565,000 | $1,805,000 | 219.5% | 0.3% |
SOUTHWEST STAGE FUNDING, LLC | $1,650,000 | $1,745,000 | 5.8% | 0.3% |
Bank of America | $2,070,000 | $1,700,000 | -17.9% | 0.3% |
First-Citizens Bank & Trust Company | $1,645,000 | n/a | 0.3% | |
Pinnacle Bank | $2,045,000 | $1,590,000 | -22.2% | 0.2% |
AmeriHome Mortgage Company, LLC | $490,000 | $1,575,000 | 221.4% | 0.2% |
Home Federal Bank Corporation | $1,960,000 | $1,560,000 | -20.4% | 0.2% |
Citizens Bank | $5,945,000 | $1,495,000 | -74.9% | 0.2% |
USAA Federal Savings Bank | $5,245,000 | $1,495,000 | -71.5% | 0.2% |
Renasant Bank | $665,000 | $1,485,000 | 123.3% | 0.2% |
Wolfe Financial, Inc | $2,080,000 | $1,450,000 | -30.3% | 0.2% |
NEW DAY FINANCIAL, LLC | $2,270,000 | $1,430,000 | -37.0% | 0.2% |
Equity Prime Mortgage LLC | $360,000 | $1,345,000 | 273.6% | 0.2% |
Gateway First Bank | $3,860,000 | $1,340,000 | -65.3% | 0.2% |
Paramount Residential Mortgage Group, Inc. | $640,000 | $1,280,000 | 100.0% | 0.2% |
INTERCOASTAL MORTGAGE COMPANY | $1,235,000 | n/a | 0.2% | |
Y-12 Federal Credit Union | $2,390,000 | $1,235,000 | -48.3% | 0.2% |
GUARANTEED RATE, INC. | $2,865,000 | $1,205,000 | -57.9% | 0.2% |
First Federal Bank | $1,190,000 | n/a | 0.2% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $835,000 | $1,185,000 | 41.9% | 0.2% |
AMERICAN FINANCIAL NETWORK, INC. | $1,175,000 | n/a | 0.2% | |
FIRST BANCORP | $2,665,000 | $1,140,000 | -57.2% | 0.2% |
Apex Bank | $700,000 | $1,135,000 | 62.1% | 0.2% |
AMERISAVE MORTGAGE CORPORATION | $5,815,000 | $1,130,000 | -80.6% | 0.2% |
The Huntington National Bank | $8,505,000 | $1,130,000 | -86.7% | 0.2% |
ROSS MORTGAGE CORPORATION | $1,065,000 | n/a | 0.2% | |
NP, Inc. | $415,000 | $1,060,000 | 155.4% | 0.2% |
MID AMERICA MORTGAGE, INC. | $175,000 | $1,050,000 | 500.0% | 0.2% |
GUILD MORTGAGE COMPANY | $3,905,000 | $1,010,000 | -74.1% | 0.2% |
JPMorgan Chase Bank | $1,860,000 | $980,000 | -47.3% | 0.2% |
LENDINGHOME FUNDING CORPORATION | $430,000 | $955,000 | 122.1% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $810,000 | $945,000 | 16.7% | 0.1% |
STATE EMPLOYEES' | $2,010,000 | $940,000 | -53.2% | 0.1% |
Sound Bank | $905,000 | n/a | 0.1% | |
THRIVE MORTGAGE, LLC | $885,000 | n/a | 0.1% | |
Citibank | $875,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $2,520,000 | $875,000 | -65.3% | 0.1% |
HOMESIDE FINANCIAL, LLC | $1,370,000 | $865,000 | -36.9% | 0.1% |
Plains Commerce Bank | $865,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $2,265,000 | $860,000 | -62.0% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $850,000 | $860,000 | 1.2% | 0.1% |
CRESCENT MORTGAGE COMPANY | $1,515,000 | $840,000 | -44.6% | 0.1% |
TOP FLITE FINANCIAL, INC. | $1,190,000 | $840,000 | -29.4% | 0.1% |
SouthEast Bank | $405,000 | $830,000 | 104.9% | 0.1% |
DAS Acquisition Company, LLC | $810,000 | n/a | 0.1% | |
The Park National Bank | $810,000 | n/a | 0.1% | |
CORNERSTONE HOME LENDING, INC. | $575,000 | $785,000 | 36.5% | 0.1% |
ALAMEDA MORTGAGE CORPORATION | $765,000 | n/a | 0.1% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,425,000 | $765,000 | -46.3% | 0.1% |
CapStar Bank | $740,000 | n/a | 0.1% | |
Ameris Bank | $575,000 | $735,000 | 27.8% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $2,190,000 | $735,000 | -66.4% | 0.1% |
Discover Bank | $1,185,000 | $730,000 | -38.4% | 0.1% |
CBBC Bank | $720,000 | n/a | 0.1% | |
Skyline National Bank | $705,000 | n/a | 0.1% | |
SUCCESS MORTGAGE PARTNERS, INC. | $860,000 | $705,000 | -18.0% | 0.1% |
THE TENNESSEE CREDIT UNION | $565,000 | $705,000 | 24.8% | 0.1% |
VILLAGE CAPITAL MORTGAGE | $1,030,000 | $700,000 | -32.0% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $1,050,000 | $695,000 | -33.8% | 0.1% |
VAN DYK MORTGAGE CORPORATION | $2,485,000 | $695,000 | -72.0% | 0.1% |
GSF Mortgage Corporation | $430,000 | $690,000 | 60.5% | 0.1% |
Honor Credit Union | $685,000 | n/a | 0.1% | |
BETTER MORTGAGE CORPORATION | $1,015,000 | $665,000 | -34.5% | 0.1% |
Appalachian Community Federal Credit Union | $165,000 | $655,000 | 297.0% | 0.1% |
First National Bank of Omaha | $635,000 | n/a | 0.1% | |
PriorityOne Bank | $635,000 | n/a | 0.1% | |
Century Mortgage Company DBA Century Lending Company | $630,000 | n/a | 0.1% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $295,000 | $620,000 | 110.2% | 0.1% |
Flagstar Bank, FSB | $1,870,000 | $610,000 | -67.4% | 0.1% |
SeaTrust Mortgage Company | $575,000 | n/a | 0.1% | |
CLEARPATH LENDING | $605,000 | $570,000 | -5.8% | 0.1% |
NBKC BANK | $690,000 | $570,000 | -17.4% | 0.1% |
AFFINITY | $565,000 | n/a | 0.1% | |
Commerce Home Mortgage, Inc. | $125,000 | $565,000 | 352.0% | 0.1% |
ARC HOME LLC | $225,000 | $545,000 | 142.2% | 0.1% |
Bank of England | $380,000 | $530,000 | 39.5% | 0.1% |
PLANET HOME LENDING, LLC | $635,000 | $530,000 | -16.5% | 0.1% |
TOWNE MORTGAGE COMPANY | $530,000 | n/a | 0.1% | |
Guardian Savings Bank, A Federal Savings Bank | $525,000 | n/a | 0.1% | |
Suncoast Credit Union | $525,000 | n/a | 0.1% | |
Wilson Bank And Trust | $1,975,000 | $525,000 | -73.4% | 0.1% |
ZILLOW HOME LOANS, LLC | $1,235,000 | $520,000 | -57.9% | 0.1% |
ABSOLUTE HOME MORTGAGE CORPORATION | $515,000 | n/a | 0.1% | |
First National Bank of America | $1,395,000 | $505,000 | -63.8% | 0.1% |
MILEND, INC. | $810,000 | $505,000 | -37.7% | 0.1% |
A&D Mortgage LLC | $500,000 | n/a | 0.1% | |
INTERLINC MORTGAGE SERVICES, LLC | $15,270,000 | $495,000 | -96.8% | 0.1% |
Coastal Community Bank | $480,000 | n/a | 0.1% | |
ISERVE RESIDENTIAL LENDING, LLC | $650,000 | $480,000 | -26.2% | 0.1% |
NexBank | $470,000 | n/a | 0.1% | |
HOMESTEAD FUNDING CORP. | $465,000 | n/a | 0.1% | |
Wintrust Bank, N.A. | $465,000 | n/a | 0.1% | |
FINANCE OF AMERICA REVERSE LLC | $460,000 | n/a | 0.1% | |
Bank of Tennessee | $880,000 | $455,000 | -48.3% | 0.1% |
Morgan Stanley Private Bank | $525,000 | $445,000 | -15.2% | 0.1% |
Mountain Commerce Bank | $7,720,000 | $445,000 | -94.2% | 0.1% |
NATIONS DIRECT MORTGAGE, LLC | $1,755,000 | $445,000 | -74.6% | 0.1% |
PLAZA HOME MORTGAGE, INC. | $440,000 | n/a | 0.1% | |
First Community Bank of East Tennessee | $425,000 | $435,000 | 2.4% | 0.1% |
SUN WEST MORTGAGE COMPANY, INC. | $550,000 | $410,000 | -25.5% | 0.1% |
GREENSTATE CREDIT UNION | $405,000 | n/a | 0.1% | |
Alcova Mortgage LLC | $1,350,000 | $400,000 | -70.4% | 0.1% |
Union Savings Bank | $395,000 | n/a | 0.1% | |
Baxter Credit Union | $105,000 | $390,000 | 271.4% | 0.1% |
The Dart Bank | $385,000 | n/a | 0.1% | |
GVC MORTGAGE, INC. | $145,000 | $380,000 | 162.1% | 0.1% |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $375,000 | n/a | 0.1% | |
GUARANTY HOME MORTGAGE CORPORATION | $1,480,000 | $375,000 | -74.7% | 0.1% |
MICHIGAN MUTUAL, INC. | $95,000 | $375,000 | 294.7% | 0.1% |
RANLIFE, INC. | $375,000 | n/a | 0.1% | |
AMERICAN HERITAGE LENDING, INC. | $360,000 | n/a | 0.1% | |
EMBRACE HOME LOANS, INC. | $745,000 | $355,000 | -52.3% | 0.1% |
The First National Bank of Oneida | $355,000 | n/a | 0.1% | |
New Peoples Bank, Inc. | $345,000 | n/a | 0.1% | |
Stock Yards Bank & Trust Company | $345,000 | n/a | 0.1% | |
KeyBank | $3,065,000 | $335,000 | -89.1% | 0.1% |
Figure Lending LLC | $395,000 | $325,000 | -17.7% | 0.1% |
One Bank of Tennessee | $380,000 | $325,000 | -14.5% | 0.1% |
KNOXVILLE TEACHERS FEDERAL CREDIT UNION | $1,125,000 | $310,000 | -72.4% | 0.0% |
PHH Mortgage Corporation | $1,375,000 | $310,000 | -77.5% | 0.0% |
FirstTrust Home Loans, Inc. | $305,000 | n/a | 0.0% | |
New Century Bank | $305,000 | n/a | 0.0% | |
Waterstone Mortgage Corporation | $350,000 | $305,000 | -12.9% | 0.0% |
AMERICAN FINANCING CORPORATION | $560,000 | $290,000 | -48.2% | 0.0% |
City Bank | $285,000 | n/a | 0.0% | |
LENDSURE MORTGAGE CORP. | $715,000 | $285,000 | -60.1% | 0.0% |
NATIONS RELIABLE LENDING, LLC | $285,000 | n/a | 0.0% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $405,000 | $280,000 | -30.9% | 0.0% |
TOWER | $280,000 | n/a | 0.0% | |
Barrington Bank & Trust Company, N.A. | $820,000 | $275,000 | -66.5% | 0.0% |
Flanagan State Bank | $265,000 | n/a | 0.0% | |
INTERNATIONAL CITY MORTGAGE, INC. | $265,000 | n/a | 0.0% | |
MOUNTAIN WEST FINANCIAL, INC. | $265,000 | n/a | 0.0% | |
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $260,000 | n/a | 0.0% | |
Fifth Third Bank | $210,000 | $260,000 | 23.8% | 0.0% |
AMCAP MORTGAGE, LTD. | $920,000 | $255,000 | -72.3% | 0.0% |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $125,000 | $255,000 | 104.0% | 0.0% |
Kingsport Press Credit Union | $35,000 | $245,000 | 600.0% | 0.0% |
Prosperity Home Mortgage, LLC | $245,000 | n/a | 0.0% | |
SOUTHPOINT FINANCIAL SERVICES, INC. | $215,000 | $245,000 | 14.0% | 0.0% |
First State Bank of the Southeast, Inc. | $940,000 | $240,000 | -74.5% | 0.0% |
Nations Lending Corporation | $510,000 | $240,000 | -52.9% | 0.0% |
American Mortgage & Equity Consultants, Inc. | $235,000 | n/a | 0.0% | |
CITY EMPLOYEES CREDIT UNION | $210,000 | $235,000 | 11.9% | 0.0% |
LADERA LENDING, INC. | $865,000 | $235,000 | -72.8% | 0.0% |
Princeton Mortgage Corporation | $315,000 | $230,000 | -27.0% | 0.0% |
SECURITYNATIONAL MORTGAGE COMPANY | $1,610,000 | $230,000 | -85.7% | 0.0% |
1st National Bank | $225,000 | n/a | 0.0% | |
HOMEXPRESS MORTGAGE CORP. | $225,000 | n/a | 0.0% | |
Residential Mortgage Solutions, Inc. | $225,000 | n/a | 0.0% | |
ROYAL UNITED MORTGAGE LLC | $680,000 | $225,000 | -66.9% | 0.0% |
CNB Bank | $215,000 | n/a | 0.0% | |
CU COMMUNITY, LLC | $215,000 | n/a | 0.0% | |
ENDEAVOR CAPITAL, LLC. | $215,000 | n/a | 0.0% | |
Kentucky Farmers Bank Corporation | $215,000 | n/a | 0.0% | |
OPEN MORTGAGE, LLC | $215,000 | n/a | 0.0% | |
Valley First Credit Union | $215,000 | n/a | 0.0% | |
Third Federal Savings and Loan Association of Cleveland | $1,140,000 | $210,000 | -81.6% | 0.0% |
FIRST MORTGAGE COMPANY, INC. | $205,000 | n/a | 0.0% | |
First Option Mortgage, LLC | $870,000 | $205,000 | -76.4% | 0.0% |
RUOFF MORTGAGE COMPANY, INC. | $85,000 | $205,000 | 141.2% | 0.0% |
COMMUNITY MORTGAGE CORPORATION | $195,000 | n/a | 0.0% | |
Countybank | $1,680,000 | $185,000 | -89.0% | 0.0% |
U. T. | $545,000 | $175,000 | -67.9% | 0.0% |
BAY EQUITY LLC | $885,000 | $165,000 | -81.4% | 0.0% |
CIVIC FINANCIAL SERVICES, LLC | $165,000 | n/a | 0.0% | |
FLAT BRANCH MORTGAGE, INC. | $215,000 | $165,000 | -23.3% | 0.0% |
CITY FIRST MORTGAGE SERVICES, L.L.C. | $155,000 | n/a | 0.0% | |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $155,000 | n/a | 0.0% | |
DRAPER AND KRAMER MORTGAGE CORP. | $780,000 | $155,000 | -80.1% | 0.0% |
F & M BANK CORP. | $155,000 | n/a | 0.0% | |
SPRING EQ, LLC | $65,000 | $150,000 | 130.8% | 0.0% |
Tennessee State Bank | $5,375,000 | $150,000 | -97.2% | 0.0% |
PANORAMA MORTGAGE GROUP, LLC | $145,000 | n/a | 0.0% | |
The Bank of Marion | $90,000 | $145,000 | 61.1% | 0.0% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $135,000 | n/a | 0.0% | |
Citadel Servicing Corporation | $740,000 | $135,000 | -81.8% | 0.0% |
TIDEWATER MORTGAGE SERVICES, INC. | $135,000 | n/a | 0.0% | |
GTE Federal Credit Union | $130,000 | n/a | 0.0% | |
PNC Bank | $345,000 | $110,000 | -68.1% | 0.0% |
Hometown Equity Mortgage, LLC | $845,000 | $105,000 | -87.6% | 0.0% |
CHURCHILL MORTGAGE CORPORATION | $1,690,000 | $95,000 | -94.4% | 0.0% |
LONGBRIDGE FINANCIAL, LLC | $85,000 | n/a | 0.0% | |
ALLIANT CREDIT UNION | $505,000 | $75,000 | -85.1% | 0.0% |
Truliant Federal Credit Union | $25,000 | $55,000 | 120.0% | 0.0% |
WINGS FINANCIAL | $35,000 | n/a | 0.0% | |
TNConnect Credit Union | $45,000 | $25,000 | -44.4% | 0.0% |
UNITED | $340,000 | $25,000 | -92.6% | 0.0% |
United Community Bank | $2,555,000 | $25,000 | -99.0% | 0.0% |
US COMMUNITY | $25,000 | n/a | 0.0% |
MORRISTOWN's top lender by overall market share is DHI MORTGAGE COMPANY, LTD., with 7.8% market share. In second place, with 6.7%, is MORTGAGE INVESTORS GROUP, INC., having originated $42,815,000 in loans. In third place, with 5.4%, is QUICKEN LOANS, LLC, having originated $34,940,000 in loans. In fourth place, with 4.4%, is ORNL Federal Credit Union, having originated $28,090,000 in loans. In fifth place, with 3.7%, is CMG MORTGAGE, INC., having originated $24,110,000 in loans.
MORRISTOWN Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - MORRISTOWN (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 | $236,725 (33.4%) | $315,037 (27.5%) | 0.00 | 485 |
2018-02-01 | $235,000 (34.3%) | $322,566 (32.4%) | 0.00 | 460 |
2018-03-01 | $229,900 (27.8%) | $324,806 (32.1%) | 0.00 | 468 |
2018-04-01 | $247,700 (25.2%) | $332,045 (28.4%) | 0.00 | 457 |
2018-05-01 | $244,538 (17.4%) | $324,043 (17.9%) | 0.00 | 470 |
2018-06-01 | $241,400 (14.8%) | $318,997 (13.6%) | 0.00 | 479 |
2018-07-01 | $229,900 (10.8%) | $304,902 (5.7%) | 0.00 | 504 |
2018-08-01 | $229,900 (10.8%) | $298,484 (-0.2%) | 0.00 | 497 |
2018-09-01 | $229,825 (6.1%) | $301,110 (-1.0%) | 0.00 | 512 |
2018-10-01 | $216,950 (-2.5%) | $294,573 (-2.3%) | 0.00 | 518 |
2018-11-01 | $214,450 (-1.6%) | $287,280 (-6.9%) | 0.00 | 493 |
2018-12-01 | $215,000 (-6.5%) | $280,403 (-9.7%) | 0.00 | 455 |
2019-01-01 | $219,000 (-7.5%) | $281,053 (-10.8%) | 0.00 | 420 |
2019-02-01 | $219,900 (-6.4%) | $285,891 (-11.4%) | 0.00 | 395 |
2019-03-01 | $234,900 (2.2%) | $304,159 (-6.4%) | 0.00 | 374 |
2019-04-01 | $243,650 (-1.6%) | $323,516 (-2.6%) | 0.00 | 370 |
2019-05-01 | $243,650 (-0.4%) | $340,703 (5.1%) | 0.00 | 392 |
2019-06-01 | $245,000 (1.5%) | $343,521 (7.7%) | 0.00 | 419 |
2019-07-01 | $231,450 (0.7%) | $336,519 (10.4%) | 0.00 | 442 |
2019-08-01 | $229,900 (0.0%) | $329,839 (10.5%) | 0.00 | 429 |
2019-09-01 | $229,900 (0.0%) | $324,450 (7.8%) | 0.00 | 417 |
2019-10-01 | $229,923 (6.0%) | $321,722 (9.2%) | 0.00 | 409 |
2019-11-01 | $229,900 (7.2%) | $325,301 (13.2%) | 0.00 | 397 |
2019-12-01 | $233,675 (8.7%) | $324,060 (15.6%) | 0.00 | 362 |
2020-01-01 | $223,900 (2.2%) | $303,796 (8.1%) | 0.00 | 347 |
2020-02-01 | $229,900 (4.6%) | $307,479 (7.6%) | 0.00 | 335 |
2020-03-01 | $229,900 (-2.1%) | $309,545 (1.8%) | 0.00 | 316 |
2020-04-01 | $231,660 (-4.9%) | $305,147 (-5.7%) | 0.00 | 300 |
2020-05-01 | $249,900 (2.6%) | $324,607 (-4.7%) | 0.00 | 277 |
2020-06-01 | $262,225 (7.0%) | $345,732 (0.6%) | 0.00 | 236 |
2020-07-01 | $271,950 (17.5%) | $360,605 (7.2%) | 0.00 | 225 |
2020-08-01 | $279,900 (21.8%) | $375,727 (13.9%) | 0.00 | 212 |
2020-09-01 | $281,800 (22.6%) | $372,727 (14.9%) | 0.00 | 182 |
2020-10-01 | $255,000 (10.9%) | $375,362 (16.7%) | 0.00 | 183 |
2020-11-01 | $251,819 (9.5%) | $369,070 (13.5%) | 0.00 | 195 |
2020-12-01 | $249,900 (6.9%) | $381,096 (17.6%) | 0.00 | 186 |
2021-01-01 | $247,578 (10.6%) | $363,678 (19.7%) | 0.00 | 174 |
2021-02-01 | $293,475 (27.7%) | $393,235 (27.9%) | 0.00 | 142 |
2021-03-01 | $333,900 (45.2%) | $454,028 (46.7%) | 0.00 | 123 |
2021-04-01 | $325,000 (40.3%) | $469,937 (54.0%) | 0.00 | 125 |
2021-05-01 | $324,900 (30.0%) | $493,960 (52.2%) | 0.00 | 123 |
2021-06-01 | $307,175 (17.1%) | $442,449 (28.0%) | 0.00 | 137 |
2021-07-01 | $329,900 (21.3%) | $472,123 (30.9%) | 0.00 | 161 |
2021-08-01 | $332,000 (18.6%) | $484,535 (29.0%) | 0.00 | 175 |
2021-09-01 | $299,800 (6.4%) | $464,827 (24.7%) | 0.00 | 191 |
2021-10-01 | $299,900 (17.6%) | $469,181 (25.0%) | 0.00 | 206 |
2021-11-01 | $328,000 (30.3%) | $462,941 (25.4%) | 0.00 | 206 |
2021-12-01 | $331,451 (32.6%) | $484,792 (27.2%) | 0.00 | 173 |
2022-01-01 | $324,950 (31.3%) | $469,806 (29.2%) | 0.00 | 141 |
2022-02-01 | $354,675 (20.9%) | $528,684 (34.4%) | 0.00 | 128 |
2022-03-01 | $369,900 (10.8%) | $524,918 (15.6%) | 0.00 | 149 |
2022-04-01 | $327,450 (0.8%) | $495,078 (5.4%) | 0.00 | 169 |
2022-05-01 | $361,950 (11.4%) | $496,683 (0.6%) | 0.00 | 197 |
2022-06-01 | $363,450 (18.3%) | $517,335 (16.9%) | 0.00 | 222 |
2022-07-01 | $359,900 (9.1%) | $506,570 (7.3%) | 0.00 | 259 |
2022-08-01 | $359,450 (8.3%) | $501,275 (3.5%) | 0.00 | 245 |
2022-09-01 | $359,900 (20.1%) | $495,184 (6.5%) | 0.00 | 234 |
2022-10-01 | $359,000 (19.7%) | $495,368 (5.6%) | 0.00 | 246 |
2022-11-01 | $349,900 (6.7%) | $496,293 (7.2%) | 0.00 | 279 |
2022-12-01 | $351,950 (6.2%) | $512,530 (5.7%) | 0.00 | 247 |
2023-01-01 | $339,175 (4.4%) | $475,266 (1.2%) | 0.00 | 216 |
2023-02-01 | $344,900 (-2.8%) | $476,414 (-9.9%) | 0.00 | 222 |
2023-03-01 | $361,950 (-2.2%) | $508,779 (-3.1%) | 0.00 | 230 |
2023-04-01 | $398,000 (21.6%) | $523,082 (5.7%) | 0.00 | 212 |
2023-05-01 | $449,925 (24.3%) | $569,764 (14.7%) | 0.00 | 207 |
2023-06-01 | $449,950 (23.8%) | $568,747 (9.9%) | 0.00 | 236 |
2023-07-01 | $479,900 (33.3%) | $706,537 (39.5%) | 0.00 | 243 |
2023-08-01 | $486,950 (35.5%) | $732,331 (46.1%) | 0.00 | 247 |
2023-09-01 | $459,950 (27.8%) | $635,210 (28.3%) | 0.00 | 251 |
2023-10-01 | $449,900 (25.3%) | $607,462 (22.6%) | 0.00 | 274 |
2023-11-01 | $449,900 (28.6%) | $608,969 (22.7%) | 0.00 | 273 |
2023-12-01 | $444,900 (26.4%) | $602,714 (17.6%) | 0.00 | 258 |
2024-01-01 | $449,950 (32.7%) | $611,219 (28.6%) | 0.00 | 242 |
2024-02-01 | $459,925 (33.4%) | $599,394 (25.8%) | 0.00 | 242 |
2024-03-01 | $449,789 (24.3%) | $587,274 (15.4%) | 0.00 | 242 |
2024-04-01 | $438,855 (10.3%) | $593,866 (13.5%) | 0.00 | 245 |
2024-05-01 | $449,675 (-0.1%) | $602,600 (5.8%) | 0.00 | 279 |
2024-06-01 | $470,000 (4.5%) | $620,332 (9.1%) | 0.00 | 278 |
2024-07-01 | $463,500 (-3.4%) | $631,071 (-10.7%) | 0.00 | 340 |
2024-08-01 | $434,750 (-10.7%) | $620,254 (-15.3%) | 0.00 | 363 |
2024-09-01 | $421,175 (-8.4%) | $608,680 (-4.2%) | 0.00 | 404 |
2024-10-01 | $426,000 (-5.3%) | $589,864 (-2.9%) | 0.00 | 416 |
2024-11-01 | $419,450 (-6.8%) | $588,886 (-3.3%) | 0.00 | 414 |
2024-12-01 | $399,950 (-10.1%) | $586,307 (-2.7%) | 0.00 | 396 |
2025-01-01 | $402,225 (-10.6%) | $575,193 (-5.9%) | 0.00 | 367 |
MORRISTOWN's median listing price comes in at 0% of the national average.
MORRISTOWN's average listing price for 2025-01-01 was $575,193, a difference of $-36,026 (-5.9%) versus the prior year and $-11,114 versus the prior month.
For the 2025-01-01 period, MORRISTOWN had 367 MLS listings, a difference of -29 listings (-7%) versus the prior month and 125 listings (52%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - MORRISTOWN (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,935 sqft |
2018-02-01 | 0 days | 1,922 sqft |
2018-03-01 | 0 days | 1,959 sqft |
2018-04-01 | 0 days | 1,984 sqft |
2018-05-01 | 0 days | 1,993 sqft |
2018-06-01 | 0 days | 2,005 sqft |
2018-07-01 | 0 days | 1,951 sqft |
2018-08-01 | 0 days | 1,971 sqft |
2018-09-01 | 0 days | 1,980 sqft |
2018-10-01 | 0 days | 1,999 sqft |
2018-11-01 | 0 days | 1,968 sqft |
2018-12-01 | 0 days | 1,940 sqft |
2019-01-01 | 0 days | 1,960 sqft |
2019-02-01 | 0 days | 1,963 sqft |
2019-03-01 | 0 days | 2,043 sqft |
2019-04-01 | 0 days | 2,067 sqft |
2019-05-01 | 0 days | 2,012 sqft |
2019-06-01 | 0 days | 2,052 sqft |
2019-07-01 | 0 days | 2,023 sqft |
2019-08-01 | 0 days | 2,030 sqft |
2019-09-01 | 0 days | 2,076 sqft |
2019-10-01 | 0 days | 2,103 sqft |
2019-11-01 | 0 days | 2,048 sqft |
2019-12-01 | 0 days | 2,026 sqft |
2020-01-01 | 0 days | 1,914 sqft |
2020-02-01 | 0 days | 1,949 sqft |
2020-03-01 | 0 days | 1,956 sqft |
2020-04-01 | 0 days | 1,952 sqft |
2020-05-01 | 0 days | 1,991 sqft |
2020-06-01 | 0 days | 2,033 sqft |
2020-07-01 | 0 days | 1,990 sqft |
2020-08-01 | 0 days | 2,125 sqft |
2020-09-01 | 0 days | 2,051 sqft |
2020-10-01 | 0 days | 1,937 sqft |
2020-11-01 | 0 days | 1,888 sqft |
2020-12-01 | 0 days | 1,883 sqft |
2021-01-01 | 0 days | 1,836 sqft |
2021-02-01 | 0 days | 1,913 sqft |
2021-03-01 | 0 days | 2,011 sqft |
2021-04-01 | 0 days | 2,048 sqft |
2021-05-01 | 0 days | 2,000 sqft |
2021-06-01 | 0 days | 1,981 sqft |
2021-07-01 | 0 days | 2,040 sqft |
2021-08-01 | 0 days | 1,981 sqft |
2021-09-01 | 0 days | 2,028 sqft |
2021-10-01 | 0 days | 2,021 sqft |
2021-11-01 | 0 days | 1,972 sqft |
2021-12-01 | 0 days | 1,969 sqft |
2022-01-01 | 0 days | 1,935 sqft |
2022-02-01 | 0 days | 1,938 sqft |
2022-03-01 | 0 days | 1,928 sqft |
2022-04-01 | 0 days | 1,800 sqft |
2022-05-01 | 0 days | 1,905 sqft |
2022-06-01 | 0 days | 1,965 sqft |
2022-07-01 | 0 days | 1,968 sqft |
2022-08-01 | 0 days | 2,002 sqft |
2022-09-01 | 0 days | 2,010 sqft |
2022-10-01 | 0 days | 2,009 sqft |
2022-11-01 | 0 days | 1,948 sqft |
2022-12-01 | 0 days | 1,971 sqft |
2023-01-01 | 0 days | 1,906 sqft |
2023-02-01 | 0 days | 1,964 sqft |
2023-03-01 | 0 days | 1,984 sqft |
2023-04-01 | 0 days | 1,988 sqft |
2023-05-01 | 0 days | 2,140 sqft |
2023-06-01 | 0 days | 2,056 sqft |
2023-07-01 | 0 days | 2,192 sqft |
2023-08-01 | 0 days | 2,164 sqft |
2023-09-01 | 0 days | 2,086 sqft |
2023-10-01 | 0 days | 2,049 sqft |
2023-11-01 | 0 days | 2,084 sqft |
2023-12-01 | 0 days | 2,085 sqft |
2024-01-01 | 0 days | 2,063 sqft |
2024-02-01 | 0 days | 2,017 sqft |
2024-03-01 | 0 days | 2,014 sqft |
2024-04-01 | 0 days | 2,010 sqft |
2024-05-01 | 0 days | 2,025 sqft |
2024-06-01 | 0 days | 2,052 sqft |
2024-07-01 | 0 days | 2,000 sqft |
2024-08-01 | 0 days | 2,000 sqft |
2024-09-01 | 0 days | 2,000 sqft |
2024-10-01 | 0 days | 2,007 sqft |
2024-11-01 | 0 days | 2,000 sqft |
2024-12-01 | 0 days | 2,000 sqft |
2025-01-01 | 0 days | 2,000 sqft |
MORRISTOWN's median square footage for active listings during the 2025-01-01 period was 2,000 sqft. One year prior, the average listing was 2,063 sqft.
MORRISTOWN, TN Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
37711 | Morristown, TN HUD Metro FMR Area | $580 | $630 | $790 | $1,040 | $1,170 |
37725 | Morristown, TN HUD Metro FMR Area | $760 | $760 | $990 | $1,350 | $1,550 |
37760 | Morristown, TN HUD Metro FMR Area | $600 | $610 | $790 | $1,080 | $1,240 |
37764 | Morristown, TN HUD Metro FMR Area | $810 | $860 | $1,050 | $1,370 | $1,610 |
37813 | Morristown, TN HUD Metro FMR Area | $620 | $620 | $810 | $1,110 | $1,270 |
37814 | Morristown, TN HUD Metro FMR Area | $660 | $660 | $860 | $1,180 | $1,350 |
37815 | Morristown, TN HUD Metro FMR Area | $640 | $650 | $840 | $1,150 | $1,320 |
37816 | Morristown, TN HUD Metro FMR Area | $640 | $650 | $840 | $1,150 | $1,320 |
37820 | Morristown, TN HUD Metro FMR Area | $570 | $570 | $750 | $1,020 | $1,170 |
37821 | Morristown, TN HUD Metro FMR Area | $610 | $610 | $800 | $1,090 | $1,250 |
37860 | Morristown, TN HUD Metro FMR Area | $570 | $570 | $750 | $1,020 | $1,170 |
37871 | Morristown, TN HUD Metro FMR Area | $840 | $880 | $1,090 | $1,450 | $1,690 |
37876 | Morristown, TN HUD Metro FMR Area | $700 | $710 | $920 | $1,260 | $1,440 |
37877 | Morristown, TN HUD Metro FMR Area | $630 | $640 | $830 | $1,130 | $1,300 |
37890 | Morristown, TN HUD Metro FMR Area | $570 | $570 | $750 | $1,020 | $1,170 |
37891 | Morristown, TN HUD Metro FMR Area | $600 | $610 | $790 | $1,070 | $1,230 |
2022 Average & Median Rent Data Statistics
MORRISTOWN, TN average 1BR rent: $663, median: $635
MORRISTOWN, TN average 2BR rent: $853, median: $820
MORRISTOWN, TN average 3BR rent: $1,156, median: $1,120
MORRISTOWN, TN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,842 | $481,070,000 | $261,167 |
Cash Out Refi | 576 | $87,830,000 | $152,483 |
Refi | 188 | $40,930,000 | $217,713 |
Other | 170 | $17,720,000 | $104,235 |
Home Improvement | 165 | $15,685,000 | $95,061 |
Morristown's most frequently cited loan purpose was Home Purchase, with 1,842 originations. The 2nd most popular reason was Cash Out Refi, with 576 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 993 | $244,655,000 | $246,380 |
7-8% | 611 | $134,665,000 | $220,401 |
5-6% | 535 | $132,145,000 | $247,000 |
Over 8% | 496 | $61,990,000 | $124,980 |
4-5% | 122 | $27,560,000 | $225,902 |
<2.5% | 13 | $575,000 | $44,231 |
2.5-3% | 11 | $1,945,000 | $176,818 |
3-4% | 5 | $825,000 | $165,000 |
During 2023, Morristown's most frequently originated rate bucket was 6-7%, with 993 originations.
Loan Sizing (MORRISTOWN, TN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 1,190 | $320,310,000 | $269,168 |
$100k-200k | 831 | $126,485,000 | $152,208 |
$100,000 or less | 673 | $36,825,000 | $54,718 |
$400k-600k | 155 | $74,305,000 | $479,387 |
$600k-1000k | 75 | $53,205,000 | $709,400 |
$Over $1MM | 17 | $32,105,000 | $1,888,529 |
MORRISTOWN's loan sizing saw the bucket of loans from $200k-400k with 1,190 originations, totaling $320,310,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,163 | $314,005,000 | $269,996 |
60-80% | 570 | $148,890,000 | $261,211 |
Under 20% | 363 | $17,385,000 | $47,893 |
20-40% | 331 | $35,815,000 | $108,202 |
40-60% | 287 | $55,765,000 | $194,303 |
Over 100% | 53 | $22,215,000 | $419,151 |
MORRISTOWN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,163 originations, totaling $314,005,000 in origination value.