Pampa Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Pampa averaged 6.32% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 6.02% and one month ago for the week of 2024-09-05, the average rate was 6.45%.

Pampa's average rate one year ago was 7.69%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.52%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Pampa 30 Year Fixed Rate 2024-10-10 6.32%
Pampa 30 Year Fixed Rate Refi 2024-10-10 6.52%
Pampa 15 Year Fixed Rate 2024-10-10 5.51%
Pampa 15 Year Fixed Rate Refi 2024-10-10 5.81%
Pampa 30 Year FHA 2024-10-10 6.2%
Pampa 30 Year FHA Refi 2024-10-10 6%
Pampa 30 Year USDA 2024-10-10 5.88%
Pampa 30 Year USDA Refi 2024-10-10 6.28%
Pampa 30 Year VA 2024-10-10 5.65%
Pampa 30 Year VA Refi 2024-10-10 6.05%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Pampa, TX.

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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
EUSTIS AND AMERICAN MORTGAGE COMPANY 12 6.97% $5,999
QUICKEN LOANS, LLC 7 7.34% $5,676
Amarillo National Bank 7 6.70% $4,127
RANLIFE, INC. 5 7.07% $4,997
JPMorgan Chase Bank 3 7.50% $3,721
TEXAS TECH 3 5.88% $3,134
Education Credit Union 2 6.10% $1,892
TEXAS DOW EMPLOYEES CREDIT UNION 2 6.88% $3,008
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.88% $6,647
Flagstar Bank, FSB 2 7.13% $5,230
MEMBER HOME LOAN, L.L.C. 2 7.13% $4,171
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.56% $6,202
S1L, Inc. 1 6.38% $6,121
Texas Mortgage Lending, LLC 1 5.99% $9,659
Wells Fargo Bank 1 7.38% $810
West Gate Bank 1 7.25% $4,024
AMCAP MORTGAGE, LTD. 1 6.63% $5,462
Centennial Bank 1 6.25% $7,724
CMG MORTGAGE, INC. 1 5.88% $6,144
Discover Bank 1 9.99% $0
Farm Credit Mid-America, ACA 1 6.75% $8,611
First United Bank 1 6.75% $5,399
FREEDOM MORTGAGE CORPORATION 1 6.75% $7,742
LOANDEPOT.COM, LLC 1 7.13% $7,394
PENNYMAC LOAN SERVICES, LLC 1 6.13% $6,696
PHH Mortgage Corporation 1 6.50% $7,362
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.63% $6,695

Pampa Average Closing Costs & Other Stats

Pampa, TX's 27 lenders originated 233 loans during 2023. The total origination value was $31,225,000, with an average loan value of $134,013.

Pampa's average closing costs are $5,254.

The top Pampa lender as defined by loan originations is EUSTIS AND AMERICAN MORTGAGE COMPANY, with 12 loans originated. Their average total fees are $5,999, which is $323 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Pampa lenders (with over 10 loans originated) are EUSTIS AND AMERICAN MORTGAGE COMPANY ($5,999), .

The lowest rate Pampa lenders (with over 10 loans originated) are EUSTIS AND AMERICAN MORTGAGE COMPANY (6.97%), .

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
FirstBank Southwest $5,125,000 $4,250,000 -17.1% 13.6%
EUSTIS AND AMERICAN MORTGAGE COMPANY $7,030,000 $3,915,000 -44.3% 12.5%
QUICKEN LOANS, LLC $2,920,000 $2,120,000 -27.4% 6.8%
Amarillo National Bank $1,820,000 $1,725,000 -5.2% 5.5%
RANLIFE, INC. $1,245,000 $1,075,000 -13.7% 3.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $435,000 $1,035,000 137.9% 3.3%
Centennial Bank $5,995,000 $1,020,000 -83.0% 3.3%
21ST MORTGAGE CORPORATION $455,000 $730,000 60.4% 2.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $705,000 n/a 2.3%
Flagstar Bank, FSB $290,000 $705,000 143.1% 2.3%
AMCAP MORTGAGE, LTD. $1,910,000 $665,000 -65.2% 2.1%
Mortgage Research Center, LLC $1,840,000 $595,000 -67.7% 1.9%
JPMorgan Chase Bank $220,000 $535,000 143.2% 1.7%
First Financial Bank $525,000 n/a 1.7%
ACADEMY MORTGAGE CORPORATION $275,000 $520,000 89.1% 1.7%
EVERETT FINANCIAL, INC. $55,000 $475,000 763.6% 1.5%
S1L, Inc. $365,000 $395,000 8.2% 1.3%
UNITED WHOLESALE MORTGAGE, LLC $385,000 n/a 1.2%
First United Bank $165,000 $380,000 130.3% 1.2%
Texas Mortgage Lending, LLC $365,000 n/a 1.2%
CARDINAL FINANCIAL $355,000 n/a 1.1%
Farm Credit Mid-America, ACA $345,000 n/a 1.1%
TRIAD FINANCIAL SERVICES, INC. $340,000 n/a 1.1%
Education Credit Union $390,000 $335,000 -14.1% 1.1%
AMARILLO COMMUNITY $360,000 $290,000 -19.4% 0.9%
NATIONS RELIABLE LENDING, LLC $815,000 $285,000 -65.0% 0.9%
West Gate Bank $285,000 n/a 0.9%
TEXAS TECH $95,000 $275,000 189.5% 0.9%
PRIMARY RESIDENTIAL MORTGAGE, INC. $145,000 $270,000 86.2% 0.9%
First National Bank Texas $260,000 n/a 0.8%
VANDERBILT MORTGAGE AND FINANCE, INC. $205,000 $255,000 24.4% 0.8%
DAS Acquisition Company, LLC $75,000 $215,000 186.7% 0.7%
Barrington Bank & Trust Company, N.A. $25,000 $210,000 740.0% 0.7%
CMG MORTGAGE, INC. $205,000 n/a 0.7%
CHURCHILL MORTGAGE CORPORATION $200,000 n/a 0.6%
Alliance Credit Union $195,000 n/a 0.6%
First Federal Bank $195,000 n/a 0.6%
FREEDOM MORTGAGE CORPORATION $75,000 $195,000 160.0% 0.6%
The Federal Savings Bank $185,000 n/a 0.6%
GUARANTEED RATE, INC. $175,000 n/a 0.6%
LOANDEPOT.COM, LLC $260,000 $175,000 -32.7% 0.6%
TEXAS DOW EMPLOYEES CREDIT UNION $330,000 $170,000 -48.5% 0.5%
PENNYMAC LOAN SERVICES, LLC $250,000 $165,000 -34.0% 0.5%
MEMBER HOME LOAN, L.L.C. $610,000 $160,000 -73.8% 0.5%
BROKER SOLUTIONS, INC. $125,000 $150,000 20.0% 0.5%
PHH Mortgage Corporation $145,000 n/a 0.5%
Truist $145,000 n/a 0.5%
VILLAGE CAPITAL MORTGAGE $135,000 n/a 0.4%
AMERISAVE MORTGAGE CORPORATION $375,000 $125,000 -66.7% 0.4%
ASSOCIATED MORTGAGE CORPORATION $225,000 $125,000 -44.4% 0.4%
Equity Prime Mortgage LLC $115,000 n/a 0.4%
CROSSCOUNTRY MORTGAGE, LLC $105,000 n/a 0.3%
JMAC LENDING, INC. $85,000 n/a 0.3%
LENDINGHOME FUNDING CORPORATION $85,000 n/a 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $85,000 n/a 0.3%
Wells Fargo Bank $190,000 $85,000 -55.3% 0.3%
Herring Bank $65,000 n/a 0.2%
Servion, Inc. $55,000 n/a 0.2%
Discover Bank $35,000 n/a 0.1%

Pampa's top lender by overall market share is FirstBank Southwest, with 13.6% market share. In second place, with 12.5%, is EUSTIS AND AMERICAN MORTGAGE COMPANY, having originated $3,915,000 in loans. In third place, with 6.8%, is QUICKEN LOANS, LLC, having originated $2,120,000 in loans. In fourth place, with 5.5%, is Amarillo National Bank, having originated $1,725,000 in loans. In fifth place, with 3.4%, is RANLIFE, INC., having originated $1,075,000 in loans.


Pampa Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Pampa (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 $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 $124,600 (14.9%) $141,561 (5.2%) 0.00 145
2018-05-01 $125,500 (11.1%) $144,244 (6.5%) 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 (-2.5%) 0.00 139
2019-05-01 $109,225 (-13.0%) $136,623 (-5.3%) 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
2023-03-01 $149,250 (56.3%) $177,350 (25.8%) 0.00 59
2023-04-01 $134,950 (35.0%) $180,324 (26.7%) 0.00 52
2023-05-01 $150,275 (24.9%) $197,934 (24.0%) 0.00 41
2023-06-01 $176,075 (30.4%) $216,549 (37.3%) 0.00 46
2023-07-01 $159,200 (21.4%) $208,664 (35.4%) 0.00 44
2023-08-01 $164,225 (36.2%) $203,828 (35.7%) 0.00 44
2023-09-01 $144,400 (12.2%) $186,157 (19.7%) 0.00 41
2023-10-01 $146,225 (8.3%) $187,810 (13.1%) 0.00 49
2023-11-01 $151,225 (10.0%) $201,023 (16.2%) 0.00 58
2023-12-01 $149,950 (3.4%) $201,705 (12.9%) 0.00 55
2024-01-01 $146,450 (-1.1%) $192,278 (5.2%) 0.00 61
2024-02-01 $157,425 (-5.0%) $205,500 (8.9%) 0.00 53
2024-03-01 $175,000 (17.3%) $213,228 (20.2%) 0.00 53
2024-04-01 $169,000 (25.2%) $217,328 (20.5%) 0.00 63
2024-05-01 $149,850 (-0.3%) $207,405 (4.8%) 0.00 68
2024-06-01 $151,250 (-14.1%) $194,946 (-10.0%) 0.00 82
2024-07-01 $149,625 (-6.0%) $183,055 (-12.3%) 0.00 90
2024-08-01 $149,900 (-8.7%) $182,093 (-10.7%) 0.00 101
2024-09-01 $149,925 (3.8%) $181,109 (-2.7%) 0.00 100
Pampa's median listing price for 2024-09-01 was $149,925, a difference of $5,525 (3.8%) versus the prior year and $25 versus the prior month.

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

Pampa's average listing price for 2024-09-01 was $181,109, a difference of $-5,048 (-2.7%) versus the prior year and $-984 versus the prior month.

For the 2024-09-01 period, Pampa had 100 MLS listings, a difference of -1 listings (-1%) versus the prior month and 59 listings (144%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Pampa (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,794 sqft
2018-02-01 0 days 1,741 sqft
2018-03-01 0 days 1,740 sqft
2018-04-01 0 days 1,786 sqft
2018-05-01 0 days 1,739 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 1,529 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
2023-03-01 0 days 1,714 sqft
2023-04-01 0 days 1,595 sqft
2023-05-01 0 days 1,644 sqft
2023-06-01 0 days 1,965 sqft
2023-07-01 0 days 1,597 sqft
2023-08-01 0 days 1,675 sqft
2023-09-01 0 days 1,560 sqft
2023-10-01 0 days 1,619 sqft
2023-11-01 0 days 1,648 sqft
2023-12-01 0 days 1,648 sqft
2024-01-01 0 days 1,620 sqft
2024-02-01 0 days 1,637 sqft
2024-03-01 0 days 1,682 sqft
2024-04-01 0 days 1,882 sqft
2024-05-01 0 days 1,711 sqft
2024-06-01 0 days 1,666 sqft
2024-07-01 0 days 1,587 sqft
2024-08-01 0 days 1,538 sqft
2024-09-01 0 days 1,576 sqft
Pampa's median listing age (time on market) for 2024-09-01 was 0 days.

Pampa's median square footage for active listings during the 2024-09-01 period was 1,576 sqft. One year prior, the average listing was 1,560 sqft.

Pampa, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 185 $26,115,000 $141,162
Cash Out Refi 17 $1,655,000 $97,353
Refi 14 $1,740,000 $124,286
Other 9 $1,105,000 $122,778
Home Improvement 8 $610,000 $76,250

Pampa's most frequently cited loan purpose was Home Purchase, with 185 originations. The 2nd most popular reason was Cash Out Refi, with 17 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 78 $12,590,000 $161,410
7-8% 52 $7,240,000 $139,231
Over 8% 35 $3,875,000 $110,714
5-6% 20 $2,760,000 $138,000
<2.5% 4 $20,000 $5,000
4-5% 2 $380,000 $190,000
2.5-3% 1 $45,000 $45,000

During 2023, Pampa's most frequently originated rate bucket was 6-7%, with 78 originations.

Loan Sizing (Pampa, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 99 $14,305,000 $144,495
$100,000 or less 97 $5,865,000 $60,464
$200k-400k 32 $8,550,000 $267,188
$400k-600k 4 $1,850,000 $462,500
$600k-1000k 1 $655,000 $655,000

Pampa's loan sizing saw the bucket of loans from $100k-200k with 99 originations, totaling $14,305,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 127 $19,805,000 $155,945
60-80% 37 $5,015,000 $135,541
40-60% 10 $960,000 $96,000
Under 20% 10 $400,000 $40,000
20-40% 6 $370,000 $61,667
Over 100% 2 $360,000 $180,000

Pampa's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 127 originations, totaling $19,805,000 in origination value.