Pampa Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Pampa averaged
6.99%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.12% and
one month ago for the week of 2023-02-09, the
average rate was 6.41%.
Pampa's average rate one year ago was 4.14%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.5%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Pampa 30 Year Fixed Rate | 2023-03-16 | 6.99% |
Pampa 30 Year Fixed Rate Refi | 2023-03-16 | 6.5% |
Pampa 15 Year Fixed Rate | 2023-03-16 | 6.97% |
Pampa 15 Year Fixed Rate Refi | 2023-03-16 | 6.73% |
Pampa 30 Year FHA | 2023-03-16 | 6.55% |
Pampa 30 Year FHA Refi | 2023-03-16 | 6.39% |
Pampa 30 Year USDA | 2023-03-16 | 6.35% |
Pampa 30 Year VA | 2023-03-16 | 6.48% |
Pampa 30 Year VA Refi | 2023-03-16 | 6.43% |
Pampa 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 Pampa, TX 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.).
Pampa Average Closing Costs & Other Stats
Pampa, TX's 33 lenders originated 402
loans during 2021. The total origination value was $55,150,000, with an average loan value of
$137,189.
Pampa's average closing costs are $4,735.
The top Pampa lender as defined by loan originations is Amarillo National Bank, with
17 loans originated. Their average total fees are
$3,319, which is $1,804
lower than the next largest lender,
EUSTIS AND AMERICAN MORTGAGE COMPANY.
The lowest fee Pampa lenders (with over 10 loans originated) are
Amarillo National Bank ($3,319), EUSTIS AND AMERICAN MORTGAGE COMPANY ($5,124), .
The lowest rate Pampa lenders (with over 10 loans originated) are
EUSTIS AND AMERICAN MORTGAGE COMPANY (3.13%), Amarillo National Bank (3.46%), .
Pampa, TX 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
FirstBank Southwest | $6,615,000 | $6,970,000 | 5.4% | 12.6% |
Amarillo National Bank | $3,950,000 | $5,295,000 | 34.1% | 9.6% |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $3,225,000 | $5,105,000 | 58.3% | 9.3% |
First Bank & Trust | $320,000 | $4,680,000 | 1,362.5% | 8.5% |
QUICKEN LOANS, LLC | $4,230,000 | $3,435,000 | -18.8% | 6.2% |
Happy State Bank | $3,005,000 | $3,210,000 | 6.8% | 5.8% |
AMCAP MORTGAGE, LTD. | $275,000 | $3,140,000 | 1,041.8% | 5.7% |
Bank of the West | $2,255,000 | n/a | 4.1% | |
Mortgage Research Center, LLC | $1,265,000 | $2,090,000 | 65.2% | 3.8% |
First National Bank Texas | $75,000 | $1,505,000 | 1,906.7% | 2.7% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $510,000 | $1,145,000 | 124.5% | 2.1% |
CALIBER HOME LOANS, INC. | $380,000 | $925,000 | 143.4% | 1.7% |
RANLIFE, INC. | $745,000 | $880,000 | 18.1% | 1.6% |
BETTER MORTGAGE CORPORATION | $435,000 | $740,000 | 70.1% | 1.3% |
Mr. Cooper ( Nationstar Mortgage ) | $640,000 | n/a | 1.2% | |
FREEDOM MORTGAGE CORPORATION | $970,000 | $625,000 | -35.6% | 1.1% |
NEWREZ LLC | $240,000 | $510,000 | 112.5% | 0.9% |
ASSOCIATED MORTGAGE CORPORATION | $360,000 | $500,000 | 38.9% | 0.9% |
21ST MORTGAGE CORPORATION | $450,000 | $440,000 | -2.2% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $750,000 | $420,000 | -44.0% | 0.8% |
AMARILLO COMMUNITY | $55,000 | $385,000 | 600.0% | 0.7% |
Trinity Oaks Mortgage, LLC | $380,000 | n/a | 0.7% | |
UNITED WHOLESALE MORTGAGE, LLC | $370,000 | n/a | 0.7% | |
NATIONS RELIABLE LENDING, LLC | $235,000 | $345,000 | 46.8% | 0.6% |
INFINITY MORTGAGE HOLDINGS, LLC | $220,000 | $320,000 | 45.5% | 0.6% |
AmeriHome Mortgage Company, LLC | $165,000 | $300,000 | 81.8% | 0.5% |
HOME POINT FINANCIAL CORPORATION | $75,000 | $295,000 | 293.3% | 0.5% |
CHURCHILL MORTGAGE CORPORATION | $300,000 | $270,000 | -10.0% | 0.5% |
Wells Fargo Bank | $390,000 | $265,000 | -32.1% | 0.5% |
American Momentum Bank | $300,000 | $245,000 | -18.3% | 0.4% |
Access Community Credit Union | $120,000 | $240,000 | 100.0% | 0.4% |
PLAZA HOME MORTGAGE, INC. | $240,000 | n/a | 0.4% | |
TEXAS DOW EMPLOYEES CREDIT UNION | $240,000 | n/a | 0.4% | |
ROYAL UNITED MORTGAGE LLC | $235,000 | n/a | 0.4% | |
Austin Capital Bank SSB | $225,000 | n/a | 0.4% | |
ENDEAVOR CAPITAL, LLC. | $225,000 | n/a | 0.4% | |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $215,000 | n/a | 0.4% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $215,000 | $215,000 | 0.0% | 0.4% |
NAVY FEDERAL CREDIT UNION | $210,000 | n/a | 0.4% | |
First United Bank and Trust Company | $195,000 | n/a | 0.4% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $165,000 | $190,000 | 15.2% | 0.3% |
GUARANTEED RATE, INC. | $185,000 | $190,000 | 2.7% | 0.3% |
JPMorgan Chase Bank | $190,000 | n/a | 0.3% | |
City Bank | $175,000 | n/a | 0.3% | |
Eagle Bank and Trust Company | $175,000 | n/a | 0.3% | |
Fifth Third Bank | $175,000 | n/a | 0.3% | |
Network Funding, L.P. | $175,000 | n/a | 0.3% | |
THRIVE MORTGAGE, LLC | $175,000 | n/a | 0.3% | |
Truist Bank | $175,000 | n/a | 0.3% | |
Gateway First Bank | $165,000 | n/a | 0.3% | |
Colonial Savings, F.A. | $155,000 | n/a | 0.3% | |
FINANCE OF AMERICA MORTGAGE LLC | $155,000 | n/a | 0.3% | |
HANCOCK MORTGAGE PARTNERS, LLC | $155,000 | n/a | 0.3% | |
Herring Bank | $195,000 | $155,000 | -20.5% | 0.3% |
USAA Federal Savings Bank | $240,000 | $155,000 | -35.4% | 0.3% |
ASPIRE FINANCIAL, INC. | $115,000 | $145,000 | 26.1% | 0.3% |
Carrington Mortgage Services, LLC | $145,000 | n/a | 0.3% | |
NEW DAY FINANCIAL, LLC | $65,000 | $145,000 | 123.1% | 0.3% |
SWBC MORTGAGE CORPORATION | $145,000 | n/a | 0.3% | |
UNIVERSAL LENDING CORPORATION | $145,000 | n/a | 0.3% | |
BROKER SOLUTIONS, INC. | $135,000 | n/a | 0.2% | |
NTFN, INC. | $135,000 | n/a | 0.2% | |
Servion, Inc. | $135,000 | n/a | 0.2% | |
VILLAGE CAPITAL & INVESTMENT LLC | $280,000 | $135,000 | -51.8% | 0.2% |
AMERICAN ADVISORS GROUP | $45,000 | $130,000 | 188.9% | 0.2% |
GREAT WESTERN FINANCIAL SERVICES, INC. | $125,000 | n/a | 0.2% | |
Independent Bank | $125,000 | n/a | 0.2% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $500,000 | $125,000 | -75.0% | 0.2% |
ZILLOW HOME LOANS, LLC | $125,000 | n/a | 0.2% | |
PLANET HOME LENDING, LLC | $115,000 | n/a | 0.2% | |
Evolve Bank & Trust | $105,000 | n/a | 0.2% | |
MORIA DEVELOPMENT, INC. | $105,000 | n/a | 0.2% | |
SECURITY SERVICE | $105,000 | n/a | 0.2% | |
SOUTHWEST STAGE FUNDING, LLC | $105,000 | $95,000 | -9.5% | 0.2% |
HOMETRUST MORTGAGE COMPANY | $85,000 | n/a | 0.2% | |
United Fidelity Funding Corp. | $55,000 | n/a | 0.1% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $45,000 | n/a | 0.1% | |
Education Credit Union | $45,000 | n/a | 0.1% | |
MID AMERICA MORTGAGE, INC. | $15,000 | n/a | 0.0% |
Pampa's top lender by overall market share is FirstBank Southwest, with 12.6% market share. In second place, with 9.6%, is Amarillo National Bank, having originated $5,295,000 in loans. In third place, with 9.3%, is EUSTIS AND AMERICAN MORTGAGE COMPANY, having originated $5,105,000 in loans. In fourth place, with 8.5%, is First Bank & Trust, having originated $4,680,000 in loans. In fifth place, with 6.2%, is QUICKEN LOANS, LLC, having originated $3,435,000 in loans.
Pampa Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Pampa (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 | $117,500 (30.2%) | $133,919 (9.0%) | 0.00 | 133 |
2018-02-01 | $113,475 (21.0%) | $132,821 (6.4%) | 0.00 | 148 |
2018-03-01 | $116,800 (16.5%) | $137,527 (6.7%) | 0.00 | 144 |
2018-04-01 | $124,550 (14.9%) | $141,261 (5.0%) | 0.00 | 145 |
2018-05-01 | $125,375 (11.0%) | $143,931 (6.3%) | 0.00 | 143 |
2018-06-01 | $129,900 (13.0%) | $148,675 (9.8%) | 0.00 | 143 |
2018-07-01 | $128,000 (9.4%) | $147,133 (9.4%) | 0.00 | 161 |
2018-08-01 | $129,675 (11.3%) | $148,696 (13.6%) | 0.00 | 167 |
2018-09-01 | $126,400 (9.9%) | $146,555 (10.2%) | 0.00 | 156 |
2018-10-01 | $122,000 (8.9%) | $133,988 (0.2%) | 0.00 | 157 |
2018-11-01 | $118,500 (3.0%) | $131,723 (-2.8%) | 0.00 | 153 |
2018-12-01 | $119,900 (4.3%) | $134,258 (-1.0%) | 0.00 | 145 |
2019-01-01 | $117,625 (0.1%) | $130,927 (-2.2%) | 0.00 | 139 |
2019-02-01 | $115,000 (1.3%) | $127,009 (-4.4%) | 0.00 | 137 |
2019-03-01 | $117,107 (0.3%) | $133,141 (-3.2%) | 0.00 | 139 |
2019-04-01 | $117,857 (-5.4%) | $138,060 (-2.3%) | 0.00 | 139 |
2019-05-01 | $109,225 (-12.9%) | $136,623 (-5.1%) | 0.00 | 145 |
2019-06-01 | $106,000 (-18.4%) | $132,338 (-11.0%) | 0.00 | 155 |
2019-07-01 | $115,125 (-10.1%) | $136,900 (-7.0%) | 0.00 | 158 |
2019-08-01 | $114,864 (-11.4%) | $138,571 (-6.8%) | 0.00 | 157 |
2019-09-01 | $114,659 (-9.3%) | $141,391 (-3.5%) | 0.00 | 156 |
2019-10-01 | $114,523 (-6.1%) | $143,270 (6.9%) | 0.00 | 154 |
2019-11-01 | $112,000 (-5.5%) | $140,755 (6.9%) | 0.00 | 146 |
2019-12-01 | $111,000 (-7.4%) | $136,488 (1.7%) | 0.00 | 146 |
2020-01-01 | $105,500 (-10.3%) | $132,873 (1.5%) | 0.00 | 141 |
2020-02-01 | $100,000 (-13.0%) | $130,366 (2.6%) | 0.00 | 141 |
2020-03-01 | $107,250 (-8.4%) | $133,018 (-0.1%) | 0.00 | 137 |
2020-04-01 | $101,760 (-13.7%) | $129,085 (-6.5%) | 0.00 | 137 |
2020-05-01 | $109,500 (0.3%) | $134,553 (-1.5%) | 0.00 | 133 |
2020-06-01 | $92,925 (-12.3%) | $129,234 (-2.4%) | 0.00 | 139 |
2020-07-01 | $89,700 (-22.1%) | $124,639 (-9.0%) | 0.00 | 131 |
2020-08-01 | $91,450 (-20.4%) | $126,537 (-8.7%) | 0.00 | 130 |
2020-09-01 | $103,750 (-9.5%) | $128,262 (-9.3%) | 0.00 | 125 |
2020-10-01 | $105,000 (-8.3%) | $130,052 (-9.2%) | 0.00 | 112 |
2020-11-01 | $115,000 (2.7%) | $134,495 (-4.5%) | 0.00 | 110 |
2020-12-01 | $116,125 (4.6%) | $134,579 (-1.4%) | 0.00 | 106 |
2021-01-01 | $125,000 (18.5%) | $139,240 (4.8%) | 0.00 | 103 |
2021-02-01 | $122,500 (22.5%) | $141,260 (8.4%) | 0.00 | 87 |
2021-03-01 | $117,500 (9.6%) | $142,856 (7.4%) | 0.00 | 76 |
2021-04-01 | $122,500 (20.4%) | $144,279 (11.8%) | 0.00 | 68 |
2021-05-01 | $119,950 (9.5%) | $149,590 (11.2%) | 0.00 | 58 |
2021-06-01 | $130,500 (40.4%) | $158,620 (22.7%) | 0.00 | 59 |
2021-07-01 | $130,000 (44.9%) | $150,298 (20.6%) | 0.00 | 60 |
2021-08-01 | $119,225 (30.4%) | $131,847 (4.2%) | 0.00 | 67 |
2021-09-01 | $127,200 (22.6%) | $145,689 (13.6%) | 0.00 | 67 |
2021-10-01 | $130,750 (24.5%) | $160,295 (23.3%) | 0.00 | 71 |
2021-11-01 | $142,500 (23.9%) | $203,798 (51.5%) | 0.00 | 61 |
2021-12-01 | $123,625 (6.5%) | $194,774 (44.7%) | 0.00 | 57 |
2022-01-01 | $120,000 (-4.0%) | $188,444 (35.3%) | 0.00 | 53 |
2022-02-01 | $110,000 (-10.2%) | $161,904 (14.6%) | 0.00 | 44 |
2022-03-01 | $95,500 (-18.7%) | $140,978 (-1.3%) | 0.00 | 43 |
2022-04-01 | $100,000 (-18.4%) | $142,312 (-1.4%) | 0.00 | 39 |
2022-05-01 | $120,344 (0.3%) | $159,577 (6.7%) | 0.00 | 45 |
2022-06-01 | $135,000 (3.5%) | $157,685 (-0.6%) | 0.00 | 50 |
2022-07-01 | $131,175 (0.9%) | $154,156 (2.6%) | 0.00 | 59 |
2022-08-01 | $120,625 (1.2%) | $150,165 (13.9%) | 0.00 | 55 |
2022-09-01 | $128,700 (1.2%) | $155,514 (6.7%) | 0.00 | 44 |
2022-10-01 | $135,000 (3.3%) | $166,016 (3.6%) | 0.00 | 57 |
2022-11-01 | $137,450 (-3.5%) | $172,963 (-15.1%) | 0.00 | 65 |
2022-12-01 | $145,000 (17.3%) | $178,627 (-8.3%) | 0.00 | 62 |
2023-01-01 | $148,000 (23.3%) | $182,793 (-3.0%) | 0.00 | 61 |
2023-02-01 | $165,725 (50.7%) | $188,689 (16.5%) | 0.00 | 62 |
Pampa's median listing price comes in at 0% of the national average.
Pampa's average listing price for 2023-02-01 was $188,689, a difference of $26,785 (16.5%) versus the prior year and $5,896 versus the prior month.
For the 2023-02-01 period, Pampa had 62 MLS listings, a difference of 1 listings (2%) versus the prior month and 18 listings (41%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Pampa (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,794 sqft |
2018-02-01 | 0 days | 1,741 sqft |
2018-03-01 | 0 days | 1,740 sqft |
2018-04-01 | 0 days | 1,784 sqft |
2018-05-01 | 0 days | 1,738 sqft |
2018-06-01 | 0 days | 1,789 sqft |
2018-07-01 | 0 days | 1,814 sqft |
2018-08-01 | 0 days | 1,815 sqft |
2018-09-01 | 0 days | 1,833 sqft |
2018-10-01 | 0 days | 1,786 sqft |
2018-11-01 | 0 days | 1,768 sqft |
2018-12-01 | 0 days | 1,733 sqft |
2019-01-01 | 0 days | 1,649 sqft |
2019-02-01 | 0 days | 1,601 sqft |
2019-03-01 | 0 days | 1,651 sqft |
2019-04-01 | 0 days | 1,695 sqft |
2019-05-01 | 0 days | 1,678 sqft |
2019-06-01 | 0 days | 1,606 sqft |
2019-07-01 | 0 days | 1,634 sqft |
2019-08-01 | 0 days | 1,621 sqft |
2019-09-01 | 0 days | 1,646 sqft |
2019-10-01 | 0 days | 1,667 sqft |
2019-11-01 | 0 days | 1,675 sqft |
2019-12-01 | 0 days | 1,665 sqft |
2020-01-01 | 0 days | 1,609 sqft |
2020-02-01 | 0 days | 1,622 sqft |
2020-03-01 | 0 days | 1,633 sqft |
2020-04-01 | 0 days | 1,565 sqft |
2020-05-01 | 0 days | 1,665 sqft |
2020-06-01 | 0 days | 1,555 sqft |
2020-07-01 | 0 days | 1,530 sqft |
2020-08-01 | 0 days | 1,548 sqft |
2020-09-01 | 0 days | 1,553 sqft |
2020-10-01 | 0 days | 1,527 sqft |
2020-11-01 | 0 days | 1,553 sqft |
2020-12-01 | 0 days | 1,570 sqft |
2021-01-01 | 0 days | 1,633 sqft |
2021-02-01 | 0 days | 1,616 sqft |
2021-03-01 | 0 days | 1,678 sqft |
2021-04-01 | 0 days | 1,569 sqft |
2021-05-01 | 0 days | 1,533 sqft |
2021-06-01 | 0 days | 1,551 sqft |
2021-07-01 | 0 days | 1,601 sqft |
2021-08-01 | 0 days | 1,440 sqft |
2021-09-01 | 0 days | 1,595 sqft |
2021-10-01 | 0 days | 1,608 sqft |
2021-11-01 | 0 days | 1,701 sqft |
2021-12-01 | 0 days | 1,622 sqft |
2022-01-01 | 0 days | 1,582 sqft |
2022-02-01 | 0 days | 1,587 sqft |
2022-03-01 | 0 days | 1,528 sqft |
2022-04-01 | 0 days | 1,563 sqft |
2022-05-01 | 0 days | 1,649 sqft |
2022-06-01 | 0 days | 1,654 sqft |
2022-07-01 | 0 days | 1,609 sqft |
2022-08-01 | 0 days | 1,574 sqft |
2022-09-01 | 0 days | 1,559 sqft |
2022-10-01 | 0 days | 1,619 sqft |
2022-11-01 | 0 days | 1,775 sqft |
2022-12-01 | 0 days | 1,721 sqft |
2023-01-01 | 0 days | 1,743 sqft |
2023-02-01 | 0 days | 1,878 sqft |
Pampa's median square footage for active listings during the 2023-02-01 period was 1,878 sqft. One year prior, the average listing was 1,587 sqft.
Pampa, TX Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 297 | $41,595,000 | $140,051 |
Refi | 68 | $9,990,000 | $146,912 |
Cash Out Refi | 21 | $2,895,000 | $137,857 |
Home Improvement | 13 | $465,000 | $35,769 |
Other | 3 | $205,000 | $68,333 |
Pampa's most frequently cited loan purpose was Home Purchase, with 297 originations. The 2nd most popular reason was Refi, with 68 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 150 | $20,180,000 | $134,533 |
2.5-3% | 90 | $11,990,000 | $133,222 |
4-5% | 42 | $6,730,000 | $160,238 |
<2.5% | 36 | $7,260,000 | $201,667 |
5-6% | 16 | $1,030,000 | $64,375 |
Over 8% | 5 | $515,000 | $103,000 |
6-7% | 3 | $175,000 | $58,333 |
7-8% | 2 | $140,000 | $70,000 |
During 2021, Pampa's most frequently originated rate bucket was 3-4%, with 150 originations.
Loan Sizing (Pampa, TX MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 199 | $28,685,000 | $144,146 |
$100,000 or less | 157 | $9,445,000 | $60,159 |
$200k-400k | 40 | $10,740,000 | $268,500 |
$Over $1MM | 3 | $4,765,000 | $1,588,333 |
$400k-600k | 2 | $840,000 | $420,000 |
$600k-1000k | 1 | $675,000 | $675,000 |
Pampa's loan sizing saw the bucket of loans from $100k-200k with 199 originations, totaling $28,685,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 182 | $24,320,000 | $133,626 |
60-80% | 65 | $9,495,000 | $146,077 |
40-60% | 31 | $5,945,000 | $191,774 |
Under 20% | 8 | $80,000 | $10,000 |
20-40% | 7 | $375,000 | $53,571 |
Over 100% | 6 | $1,210,000 | $201,667 |
Pampa's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 182 originations, totaling $24,320,000 in origination value.