North Platte Mortgage Rates
30 Year Fixed Rate mortgages in North Platte averaged
5.78%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
5.95% and
one month ago for the week of 2022-05-19, the
average rate was 5.52%.
North Platte's average rate one year ago was 3.29%.
For refis of the same type during the week of 2022-06-23, the average rate
was 6.12%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
North Platte 30 Year Fixed Rate | 2022-06-23 | 5.78% |
North Platte 30 Year Fixed Rate Refi | 2022-06-23 | 6.12% |
North Platte 15 Year Fixed Rate | 2022-06-23 | 5.73% |
North Platte 15 Year Fixed Rate Refi | 2022-06-23 | 5.16% |
North Platte 30 Year FHA | 2022-06-23 | 0.16% |
North Platte 30 Year FHA Refi | 2022-06-23 | -0.08% |
North Platte 30 Year USDA | 2022-06-23 | -0.18% |
North Platte 30 Year VA | 2022-06-23 | 0.57% |
North Platte 30 Year VA Refi | 2022-06-23 | 0.13% |
North Platte 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 North Platte, NE 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.).
North Platte, NE's 59 lenders originated 1,017
loans during 2021. The total origination value was $150,915,000, with an average loan value of
$148,392.
The top North Platte lender as defined by loan originations is First National Bank of Omaha, with
58 loans originated. Their average total fees are
$2,975, which is $276
higher than the next largest lender,
Adams Bank & Trust.
The lowest fee North Platte lenders (with over 10 loans originated) are
Equitable Bank ($1,931), CENTRIS FEDERAL CREDIT UNION ($2,255), West Gate Bank ($2,324), Wells Fargo Bank ($2,543) and Adams Bank & Trust ($2,699).
The lowest rate North Platte lenders (with over 10 loans originated) are
Adams Bank & Trust (2.93%), CENTRIS FEDERAL CREDIT UNION (3.03%), First National Bank of Omaha (3.06%), Equitable Bank (3.13%) and QUICKEN LOANS, LLC (3.16%).
North Platte, NE 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 |
---|---|---|---|---|
Adams Bank & Trust | $23,595,000 | $23,965,000 | 1.6% | 15.9% |
First National Bank of Omaha | $22,315,000 | $20,110,000 | -9.9% | 13.3% |
QUICKEN LOANS, LLC | $14,345,000 | $17,130,000 | 19.4% | 11.4% |
Equitable Bank | $16,115,000 | $12,505,000 | -22.4% | 8.3% |
First State Bank | $11,335,000 | $10,925,000 | -3.6% | 7.2% |
Wells Fargo Bank | $6,690,000 | $8,475,000 | 26.7% | 5.6% |
CENTRIS FEDERAL CREDIT UNION | $4,430,000 | $4,710,000 | 6.3% | 3.1% |
West Gate Bank | $5,685,000 | $3,985,000 | -29.9% | 2.6% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,245,000 | $3,650,000 | 12.5% | 2.4% |
LOANDEPOT.COM, LLC | $715,000 | $2,540,000 | 255.2% | 1.7% |
Central National Bank | $1,815,000 | $2,325,000 | 28.1% | 1.5% |
AMERICAN FINANCING CORPORATION | $545,000 | $2,160,000 | 296.3% | 1.4% |
CHARTER WEST BANK | $1,630,000 | $2,000,000 | 22.7% | 1.3% |
Mortgage Research Center, LLC | $2,705,000 | $1,995,000 | -26.2% | 1.3% |
Bank of the West | $2,565,000 | $1,900,000 | -25.9% | 1.3% |
Mr. Cooper ( Nationstar Mortgage ) | $885,000 | $1,480,000 | 67.2% | 1.0% |
Great Western Bank | $1,995,000 | $1,410,000 | -29.3% | 0.9% |
AMERISAVE MORTGAGE CORPORATION | $1,135,000 | $1,345,000 | 18.5% | 0.9% |
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $1,255,000 | n/a | 0.8% | |
PENNYMAC LOAN SERVICES, LLC | $1,165,000 | $1,250,000 | 7.3% | 0.8% |
NEW DAY FINANCIAL, LLC | $55,000 | $1,130,000 | 1,954.5% | 0.7% |
BROKER SOLUTIONS, INC. | $1,125,000 | n/a | 0.7% | |
USAA Federal Savings Bank | $1,725,000 | $925,000 | -46.4% | 0.6% |
NEWREZ LLC | $545,000 | $920,000 | 68.8% | 0.6% |
CMG MORTGAGE, INC. | $875,000 | n/a | 0.6% | |
Citizens Bank | $135,000 | $870,000 | 544.4% | 0.6% |
AMERICAN FINANCIAL NETWORK, INC. | $835,000 | n/a | 0.6% | |
Farm Credit Mid-America, ACA | $3,065,000 | $785,000 | -74.4% | 0.5% |
BETTER MORTGAGE CORPORATION | $490,000 | $755,000 | 54.1% | 0.5% |
The Federal Savings Bank | $800,000 | $745,000 | -6.9% | 0.5% |
Lincoln FSB of Nebraska | $725,000 | $720,000 | -0.7% | 0.5% |
U.S. Bank | $700,000 | $695,000 | -0.7% | 0.5% |
Pinnacle Bank | $2,540,000 | $685,000 | -73.0% | 0.5% |
NAVY FEDERAL CREDIT UNION | $395,000 | $610,000 | 54.4% | 0.4% |
U.S. HOME MORTGAGE, INC. | $600,000 | n/a | 0.4% | |
First Guaranty Mortgage Corporation | $490,000 | $595,000 | 21.4% | 0.4% |
Paramount Residential Mortgage Group, Inc. | $245,000 | $520,000 | 112.2% | 0.3% |
Plains Commerce Bank | $185,000 | $480,000 | 159.5% | 0.3% |
UBS Bank USA | $435,000 | n/a | 0.3% | |
VILLAGE CAPITAL & INVESTMENT LLC | $195,000 | $405,000 | 107.7% | 0.3% |
LAKEVIEW LOAN SERVICING, LLC | $385,000 | n/a | 0.3% | |
First Savings Bank | $375,000 | n/a | 0.2% | |
Frontier Bank | $155,000 | $355,000 | 129.0% | 0.2% |
FREEDOM MORTGAGE CORPORATION | $2,100,000 | $350,000 | -83.3% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $125,000 | $345,000 | 176.0% | 0.2% |
North American Savings Bank, F.S.B. | $325,000 | n/a | 0.2% | |
Flagstar Bank, FSB | $270,000 | $320,000 | 18.5% | 0.2% |
Regent Financial Group, Inc. | $175,000 | $320,000 | 82.9% | 0.2% |
Security First Bank | $915,000 | $315,000 | -65.6% | 0.2% |
Union Bank and Trust Company | $255,000 | $295,000 | 15.7% | 0.2% |
CHERRY CREEK MORTGAGE, LLC | $285,000 | n/a | 0.2% | |
KS StateBank | $255,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $190,000 | $250,000 | 31.6% | 0.2% |
CLEARPATH LENDING | $185,000 | $245,000 | 32.4% | 0.2% |
NOVA FINANCIAL & INVESTMENT CORPORATION | $245,000 | n/a | 0.2% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $155,000 | $235,000 | 51.6% | 0.2% |
ZILLOW HOME LOANS, LLC | $235,000 | n/a | 0.2% | |
TIAA, FSB | $230,000 | n/a | 0.2% | |
Classic Bank | $215,000 | n/a | 0.1% | |
FirstBank | $215,000 | n/a | 0.1% | |
GENEVA FINANCIAL, LLC | $215,000 | n/a | 0.1% | |
NBH Bank | $195,000 | $215,000 | 10.3% | 0.1% |
Jonah Bank of Wyoming | $205,000 | n/a | 0.1% | |
PREMIA MORTGAGE, LLC | $205,000 | n/a | 0.1% | |
United Fidelity Funding Corp. | $320,000 | $205,000 | -35.9% | 0.1% |
Five Points Bank | $135,000 | $195,000 | 44.4% | 0.1% |
WESTERN VISTA | $195,000 | n/a | 0.1% | |
ACCELERATE MORTGAGE, LLC | $185,000 | n/a | 0.1% | |
Choice Financial Group | $185,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $710,000 | $185,000 | -73.9% | 0.1% |
SOFI LENDING CORP. | $185,000 | n/a | 0.1% | |
The Union State Bank of Everest | $185,000 | n/a | 0.1% | |
Wyndham Capital Mortgage, Inc. | $185,000 | n/a | 0.1% | |
JPMorgan Chase Bank | $370,000 | $175,000 | -52.7% | 0.1% |
SUN WEST MORTGAGE COMPANY, INC. | $860,000 | $175,000 | -79.7% | 0.1% |
CASTLE & COOKE MORTGAGE, LLC | $255,000 | $165,000 | -35.3% | 0.1% |
MORIA DEVELOPMENT, INC. | $165,000 | n/a | 0.1% | |
South State Bank | $165,000 | n/a | 0.1% | |
FIRST FLORIDA Credit Union | $155,000 | n/a | 0.1% | |
Low VA Rates, LLC | $345,000 | $155,000 | -55.1% | 0.1% |
First Federal Bank of Kansas City | $145,000 | n/a | 0.1% | |
Meridian Trust Federal Credit Union | $145,000 | n/a | 0.1% | |
Financial Funding Solutions, Inc. | $135,000 | n/a | 0.1% | |
LIBERTY FIRST | $260,000 | $125,000 | -51.9% | 0.1% |
FOUR POINTS | $115,000 | n/a | 0.1% | |
Truist Bank | $145,000 | $115,000 | -20.7% | 0.1% |
First National Bank | $105,000 | n/a | 0.1% | |
ADVANCIAL | $95,000 | n/a | 0.1% | |
CALIBER HOME LOANS, INC. | $95,000 | n/a | 0.1% | |
FEDEX EMPLOYEES CREDIT ASSOCIATION | $95,000 | n/a | 0.1% | |
First Nebraska Bank | $95,000 | n/a | 0.1% | |
HOME POINT FINANCIAL CORPORATION | $95,000 | n/a | 0.1% | |
VERIDIAN CREDIT UNION | $95,000 | n/a | 0.1% | |
UNITED WHOLESALE MORTGAGE, LLC | $715,000 | $55,000 | -92.3% | 0.0% |
Discover Bank | $85,000 | $35,000 | -58.8% | 0.0% |
Figure Lending LLC | $45,000 | $25,000 | -44.4% | 0.0% |
Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% |
North Platte's top lender by overall market share is Adams Bank & Trust, with 15.9% market share. In second place, with 13.3%, is First National Bank of Omaha, having originated $20,110,000 in loans. In third place, with 11.4%, is QUICKEN LOANS, LLC, having originated $17,130,000 in loans. In third place, with 8.3%, is Equitable Bank, having originated $12,505,000 in loans. In third place, with 7.2%, is First State Bank, having originated $10,925,000 in loans.
North Platte, NE Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 448 | $67,200,000 | $150,000 |
Refi | 337 | $52,885,000 | $156,929 |
Cash Out Refi | 187 | $26,855,000 | $143,610 |
Home Improvement | 25 | $1,465,000 | $58,600 |
Other | 19 | $1,255,000 | $66,053 |
NA | 1 | $1,255,000 | $1,255,000 |
North Platte's most frequently cited loan purpose was Home Purchase, with 448 originations. The 2nd most popular reason was Refi, with 337 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 365 | $59,505,000 | $163,027 |
3-4% | 295 | $43,255,000 | $146,627 |
<2.5% | 166 | $25,350,000 | $152,711 |
4-5% | 79 | $7,695,000 | $97,405 |
5-6% | 29 | $2,075,000 | $71,552 |
6-7% | 5 | $225,000 | $45,000 |
Over 8% | 2 | $90,000 | $45,000 |
7-8% | 1 | $25,000 | $25,000 |
During 2021, North Platte's most frequently originated rate bucket was 2.5-3%, with 365 originations.
Loan Sizing (North Platte, NE MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 475 | $68,605,000 | $144,432 |
$100,000 or less | 324 | $19,880,000 | $61,358 |
$200k-400k | 202 | $52,680,000 | $260,792 |
$400k-600k | 12 | $5,490,000 | $457,500 |
$600k-1000k | 2 | $1,550,000 | $775,000 |
$Over $1MM | 2 | $2,710,000 | $1,355,000 |
North Platte's loan sizing saw the bucket of loans from $100k-200k with 475 originations, totaling $68,605,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 379 | $66,405,000 | $175,211 |
60-80% | 299 | $46,425,000 | $155,268 |
40-60% | 107 | $13,165,000 | $123,037 |
20-40% | 77 | $6,445,000 | $83,701 |
Under 20% | 53 | $1,155,000 | $21,792 |
Over 100% | 7 | $1,385,000 | $197,857 |
North Platte's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 379 originations, totaling $66,405,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - North Platte (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 | $162,500 (6.9%) | $191,169 (6.6%) | 0.00 | 108 |
2018-02-01 | $154,950 (-3.1%) | $191,683 (2.2%) | 0.00 | 105 |
2018-03-01 | $165,000 (14.0%) | $198,374 (6.0%) | 0.00 | 98 |
2018-04-01 | $165,000 (10.1%) | $203,293 (2.6%) | 0.00 | 97 |
2018-05-01 | $169,900 (3.0%) | $206,793 (3.7%) | 0.00 | 109 |
2018-06-01 | $185,000 (5.2%) | $211,508 (-0.8%) | 0.00 | 118 |
2018-07-01 | $189,000 (8.0%) | $214,748 (5.7%) | 0.00 | 115 |
2018-08-01 | $175,000 (4.5%) | $199,729 (1.8%) | 0.00 | 114 |
2018-09-01 | $165,000 (6.8%) | $184,006 (-0.3%) | 0.00 | 112 |
2018-10-01 | $162,450 (6.9%) | $187,553 (1.4%) | 0.00 | 107 |
2018-11-01 | $159,900 (-5.1%) | $184,510 (-5.1%) | 0.00 | 111 |
2018-12-01 | $159,000 (-3.6%) | $181,116 (-6.8%) | 0.00 | 112 |
2019-01-01 | $159,250 (-2.0%) | $182,686 (-4.4%) | 0.00 | 109 |
2019-02-01 | $162,250 (4.7%) | $187,449 (-2.2%) | 0.00 | 105 |
2019-03-01 | $166,929 (1.2%) | $189,601 (-4.4%) | 0.00 | 106 |
2019-04-01 | $166,929 (1.2%) | $192,927 (-5.1%) | 0.00 | 109 |
2019-05-01 | $179,900 (5.9%) | $208,051 (0.6%) | 0.00 | 111 |
2019-06-01 | $189,900 (2.7%) | $206,138 (-2.5%) | 0.00 | 140 |
2019-07-01 | $172,450 (-8.8%) | $197,202 (-8.2%) | 0.00 | 155 |
2019-08-01 | $175,714 (0.4%) | $194,399 (-2.7%) | 0.00 | 179 |
2019-09-01 | $189,850 (15.1%) | $196,694 (6.9%) | 0.00 | 195 |
2019-10-01 | $189,850 (16.9%) | $194,003 (3.4%) | 0.00 | 198 |
2019-11-01 | $190,000 (18.8%) | $193,035 (4.6%) | 0.00 | 175 |
2019-12-01 | $189,250 (19.0%) | $192,241 (6.1%) | 0.00 | 164 |
2020-01-01 | $187,000 (17.4%) | $192,105 (5.2%) | 0.00 | 146 |
2020-02-01 | $180,000 (10.9%) | $186,381 (-0.6%) | 0.00 | 132 |
2020-03-01 | $183,000 (9.6%) | $197,905 (4.4%) | 0.00 | 135 |
2020-04-01 | $179,450 (7.5%) | $196,361 (1.8%) | 0.00 | 142 |
2020-05-01 | $187,000 (4.0%) | $196,664 (-5.5%) | 0.00 | 139 |
2020-06-01 | $179,000 (-5.7%) | $193,746 (-6.0%) | 0.00 | 129 |
2020-07-01 | $186,000 (7.9%) | $197,004 (-0.1%) | 0.00 | 112 |
2020-08-01 | $159,900 (-9.0%) | $182,919 (-5.9%) | 0.00 | 108 |
2020-09-01 | $149,900 (-21.0%) | $188,400 (-4.2%) | 0.00 | 108 |
2020-10-01 | $148,000 (-22.0%) | $179,308 (-7.6%) | 0.00 | 116 |
2020-11-01 | $129,950 (-31.6%) | $170,657 (-11.6%) | 0.00 | 108 |
2020-12-01 | $129,950 (-31.3%) | $168,025 (-12.6%) | 0.00 | 93 |
2021-01-01 | $125,000 (-33.2%) | $159,714 (-16.9%) | 0.00 | 87 |
2021-02-01 | $119,950 (-33.4%) | $157,268 (-15.6%) | 0.00 | 61 |
2021-03-01 | $119,500 (-34.7%) | $171,800 (-13.2%) | 0.00 | 43 |
2021-04-01 | $146,650 (-18.3%) | $193,157 (-1.6%) | 0.00 | 31 |
2021-05-01 | $130,000 (-30.5%) | $175,135 (-11.0%) | 0.00 | 36 |
2021-06-01 | $164,950 (-7.9%) | $198,530 (2.5%) | 0.00 | 34 |
2021-07-01 | $179,900 (-3.3%) | $207,229 (5.2%) | 0.00 | 53 |
2021-08-01 | $179,900 (12.5%) | $195,491 (6.9%) | 0.00 | 58 |
2021-09-01 | $168,450 (12.4%) | $195,490 (3.8%) | 0.00 | 48 |
2021-10-01 | $160,000 (8.1%) | $207,556 (15.8%) | 0.00 | 49 |
2021-11-01 | $178,400 (37.3%) | $221,225 (29.6%) | 0.00 | 40 |
2021-12-01 | $144,900 (11.5%) | $182,989 (8.9%) | 0.00 | 32 |
2022-01-01 | $140,000 (12.0%) | $190,382 (19.2%) | 0.00 | 31 |
2022-02-01 | $146,450 (22.1%) | $194,333 (23.6%) | 0.00 | 29 |
2022-03-01 | $147,950 (23.8%) | $232,729 (35.5%) | 0.00 | 31 |
2022-04-01 | $275,000 (87.5%) | $293,967 (52.2%) | 0.00 | 36 |
2022-05-01 | $377,000 (190.0%) | $372,384 (112.6%) | 0.00 | 27 |
North Platte's median listing price comes in at 0% of the national average.
North Platte's average listing price for 2022-05-01 was $372,384, a difference of $197,249 (112.6%) versus the prior year and $78,417 versus the prior month.
For the 2022-05-01 period, North Platte had 27 MLS listings, a difference of -9 listings (-25%) versus the prior month and -9 listings (-25%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - North Platte (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,773 sqft |
2018-02-01 | 0 days | 1,886 sqft |
2018-03-01 | 0 days | 1,920 sqft |
2018-04-01 | 0 days | 1,979 sqft |
2018-05-01 | 0 days | 2,037 sqft |
2018-06-01 | 0 days | 2,064 sqft |
2018-07-01 | 0 days | 2,107 sqft |
2018-08-01 | 0 days | 2,011 sqft |
2018-09-01 | 0 days | 1,935 sqft |
2018-10-01 | 0 days | 1,894 sqft |
2018-11-01 | 0 days | 1,838 sqft |
2018-12-01 | 0 days | 1,894 sqft |
2019-01-01 | 0 days | 1,900 sqft |
2019-02-01 | 0 days | 1,916 sqft |
2019-03-01 | 0 days | 1,865 sqft |
2019-04-01 | 0 days | 1,786 sqft |
2019-05-01 | 0 days | 1,806 sqft |
2019-06-01 | 0 days | 1,880 sqft |
2019-07-01 | 0 days | 1,822 sqft |
2019-08-01 | 0 days | 1,744 sqft |
2019-09-01 | 0 days | 1,674 sqft |
2019-10-01 | 0 days | 1,692 sqft |
2019-11-01 | 0 days | 1,680 sqft |
2019-12-01 | 0 days | 1,680 sqft |
2020-01-01 | 0 days | 1,680 sqft |
2020-02-01 | 0 days | 1,728 sqft |
2020-03-01 | 0 days | 1,761 sqft |
2020-04-01 | 0 days | 1,761 sqft |
2020-05-01 | 0 days | 1,834 sqft |
2020-06-01 | 0 days | 1,821 sqft |
2020-07-01 | 0 days | 1,848 sqft |
2020-08-01 | 0 days | 1,848 sqft |
2020-09-01 | 0 days | 1,784 sqft |
2020-10-01 | 0 days | 1,768 sqft |
2020-11-01 | 0 days | 1,744 sqft |
2020-12-01 | 0 days | 1,736 sqft |
2021-01-01 | 0 days | 1,608 sqft |
2021-02-01 | 0 days | 1,549 sqft |
2021-03-01 | 0 days | 1,529 sqft |
2021-04-01 | 0 days | 1,673 sqft |
2021-05-01 | 0 days | 1,484 sqft |
2021-06-01 | 0 days | 1,700 sqft |
2021-07-01 | 0 days | 1,819 sqft |
2021-08-01 | 0 days | 1,742 sqft |
2021-09-01 | 0 days | 1,711 sqft |
2021-10-01 | 0 days | 1,680 sqft |
2021-11-01 | 0 days | 1,708 sqft |
2021-12-01 | 0 days | 1,378 sqft |
2022-01-01 | 0 days | 1,334 sqft |
2022-02-01 | 0 days | 1,570 sqft |
2022-03-01 | 0 days | 1,485 sqft |
2022-04-01 | 0 days | 1,620 sqft |
2022-05-01 | 0 days | 1,809 sqft |
North Platte's median square footage for active listings during the 2022-05-01 period was 1,809 sqft. One year prior, the average listing was 1,484 sqft.