Pecos Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Pecos averaged 6.42% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.84% and one month ago for the week of 2025-03-06, the average rate was 6.63%.

    Pecos's average rate one year ago was 6.92%.

    For refis of the same type during the week of 2025-04-10, the average rate was 7.12%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Pecos, TX.

    Pecos 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 Pecos, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    JPMorgan Chase Bank 6 6.17% $6,637
    UNITED WHOLESALE MORTGAGE, LLC 6 6.99% $9,509
    Waterstone Mortgage Corporation 5 6.20% $7,190
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.25% $7,504
    QUICKEN LOANS, LLC 2 6.56% $14,361
    GUILD MORTGAGE COMPANY 1 5.88% $11,168
    HALLMARK HOME MORTGAGE, LLC 1 7.88% $5,154
    HOMESIDE FINANCIAL, LLC 1 5.75% $8,969
    LOANPAL, LLC 1 6.99% $5,788
    MICHIGAN MUTUAL, INC. 1 6.13% $6,720
    SECURITYNATIONAL MORTGAGE COMPANY 1 7.50% $7,170
    The Loan Store, Inc. 1 6.63% $4,995
    21ST MORTGAGE CORPORATION 1 8.31% $7,602
    Wells Fargo Bank 1 6.75% $3,813
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.50% $5,961
    BROKER SOLUTIONS, INC. 1 7.38% $11,234
    Farm Credit Mid-America, ACA 1 7.38% $9,161
    GUARANTEED RATE, INC. 1 7.38% $10,266

    Pecos Average Closing Costs & Other Stats

    Pecos, TX's 18 lenders originated 126 loans during 2024. The total origination value was $28,920,000, with an average loan value of $229,524.

    Pecos's average closing costs are $8,695.

    The top Pecos lender as defined by loan originations is JPMorgan Chase Bank, with 6 loans originated. Their average total fees are $6,637, which is $2,872 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Pecos lenders (with over 10 loans originated) are .

    The lowest rate Pecos lenders (with over 10 loans originated) are .

    Pecos, 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    Waterstone Mortgage Corporation $2,885,000 $3,865,000 34.0% 13.4%
    QUICKEN LOANS, LLC $810,000 $3,115,000 284.6% 10.8%
    UNITED WHOLESALE MORTGAGE, LLC $2,455,000 $3,055,000 24.4% 10.6%
    21ST MORTGAGE CORPORATION $2,120,000 $2,140,000 0.9% 7.4%
    JPMorgan Chase Bank $1,100,000 $2,085,000 89.5% 7.2%
    GUILD MORTGAGE COMPANY $550,000 $1,875,000 240.9% 6.5%
    VILLAGE CAPITAL MORTGAGE $1,040,000 n/a 3.6%
    GUARANTEED RATE, INC. $885,000 $1,030,000 16.4% 3.6%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $125,000 $670,000 436.0% 2.3%
    CARDINAL FINANCIAL $360,000 $530,000 47.2% 1.8%
    The Loan Store, Inc. $145,000 $470,000 224.1% 1.6%
    Mortgage Research Center, LLC $275,000 $460,000 67.3% 1.6%
    SOUTHWEST STAGE FUNDING, LLC $395,000 $445,000 12.7% 1.5%
    CALCON MUTUAL MORTGAGE LLC $435,000 n/a 1.5%
    CMG MORTGAGE, INC. $395,000 n/a 1.4%
    SECURITYNATIONAL MORTGAGE COMPANY $780,000 $390,000 -50.0% 1.3%
    EVERETT FINANCIAL, INC. $195,000 $385,000 97.4% 1.3%
    MICHIGAN MUTUAL, INC. $380,000 n/a 1.3%
    DIRECTIONS EQUITY, LLC $185,000 $375,000 102.7% 1.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $365,000 n/a 1.3%
    Farm Credit Mid-America, ACA $325,000 n/a 1.1%
    HOMESIDE FINANCIAL, LLC $305,000 n/a 1.1%
    SWBC MORTGAGE CORPORATION $295,000 n/a 1.0%
    SOUTHWEST FUNDING, LP $285,000 n/a 1.0%
    HALLMARK HOME MORTGAGE, LLC $275,000 n/a 1.0%
    Hancock Whitney Bank $275,000 n/a 1.0%
    ST FIN CORP $275,000 n/a 1.0%
    Carrington Mortgage Services, LLC $265,000 n/a 0.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $200,000 $260,000 30.0% 0.9%
    NAVY FEDERAL CREDIT UNION $155,000 $255,000 64.5% 0.9%
    TRIAD FINANCIAL SERVICES, INC. $250,000 n/a 0.9%
    BROKER SOLUTIONS, INC. $230,000 $215,000 -6.5% 0.7%
    Gateway First Bank $365,000 $205,000 -43.8% 0.7%
    HOMEXPRESS MORTGAGE CORP. $205,000 n/a 0.7%
    Complex Community Federal Credit Union $165,000 $195,000 18.2% 0.7%
    Equity Prime Mortgage LLC $165,000 n/a 0.6%
    ROYAL UNITED MORTGAGE LLC $135,000 n/a 0.5%
    Ally Bank $105,000 n/a 0.4%
    Truist $105,000 n/a 0.4%
    Wells Fargo Bank $340,000 $85,000 -75.0% 0.3%
    LOANPAL, LLC $75,000 n/a 0.3%
    Century Mortgage Company DBA Century Lending Company $65,000 n/a 0.2%
    West Texas National Bank $420,000 $55,000 -86.9% 0.2%
    RANDOLPH-BROOKS $35,000 n/a 0.1%

    Pecos's top lender by overall market share is Waterstone Mortgage Corporation, with 13.4% market share. In second place, with 10.8%, is QUICKEN LOANS, LLC, having originated $3,115,000 in loans. In third place, with 10.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $3,055,000 in loans. In fourth place, with 7.4%, is 21ST MORTGAGE CORPORATION, having originated $2,140,000 in loans. In fifth place, with 7.2%, is JPMorgan Chase Bank, having originated $2,085,000 in loans.

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

    Realtor.com - Pecos (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 $172,900 (28.2%) $587,429 (291.8%) 0.00 7
    2018-02-01 $221,250 (46.1%) $673,345 (331.4%) 0.00 6
    2018-03-01 $220,000 (56.7%) $619,843 (316.1%) 0.00 7
    2018-04-01 $257,450 (90.9%) $586,100 (307.6%) 0.00 7
    2018-05-01 $310,000 (136.6%) $547,085 (291.1%) 0.00 9
    2018-06-01 $325,000 (88.4%) $575,094 (223.7%) 0.00 8
    2018-07-01 $326,000 (124.8%) $637,425 (367.6%) 0.00 8
    2018-08-01 $274,500 (45.8%) $424,836 (125.7%) 0.00 8
    2018-09-01 $241,950 (18.3%) $240,975 (-12.3%) 0.00 9
    2018-10-01 $249,000 (40.5%) $214,380 (-71.3%) 0.00 5
    2018-11-01 $212,250 (15.0%) $195,883 (-73.6%) 0.00 5
    2018-12-01 $189,500 (12.1%) $186,108 (-66.3%) 0.00 10
    2019-01-01 $167,000 (-3.4%) $171,505 (-70.8%) 0.00 9
    2019-02-01 $154,250 (-30.3%) $186,733 (-72.3%) 0.00 6
    2019-03-01 $143,714 (-34.7%) $182,026 (-70.6%) 0.00 7
    2019-04-01 $114,214 (-55.6%) $171,007 (-70.8%) 0.00 9
    2019-05-01 $203,950 (-34.2%) $218,824 (-60.0%) 0.00 9
    2019-06-01 $216,900 (-33.3%) $239,947 (-58.3%) 0.00 14
    2019-07-01 $206,250 (-36.7%) $224,853 (-64.7%) 0.00 18
    2019-08-01 $208,077 (-24.2%) $230,310 (-45.8%) 0.00 18
    2019-09-01 $228,818 (-5.4%) $253,651 (5.3%) 0.00 18
    2019-10-01 $237,645 (-4.6%) $274,328 (28.0%) 0.00 18
    2019-11-01 $239,900 (13.0%) $280,313 (43.1%) 0.00 20
    2019-12-01 $250,000 (31.9%) $269,135 (44.6%) 0.00 20
    2020-01-01 $250,000 (49.7%) $276,774 (61.4%) 0.00 19
    2020-02-01 $230,000 (49.1%) $259,760 (39.1%) 0.00 24
    2020-03-01 $209,000 (45.4%) $239,182 (31.4%) 0.00 24
    2020-04-01 $204,750 (79.3%) $237,417 (38.8%) 0.00 19
    2020-05-01 $220,000 (7.9%) $238,107 (8.8%) 0.00 15
    2020-06-01 $164,900 (-24.0%) $215,082 (-10.4%) 0.00 13
    2020-07-01 $137,728 (-33.2%) $208,282 (-7.4%) 0.00 9
    2020-08-01 $150,000 (-27.9%) $210,544 (-8.6%) 0.00 9
    2020-09-01 $112,500 (-50.8%) $159,543 (-37.1%) 0.00 10
    2020-10-01 $189,250 (-20.4%) $199,200 (-27.4%) 0.00 9
    2020-11-01 $149,625 (-37.6%) $226,708 (-19.1%) 0.00 12
    2020-12-01 $214,000 (-14.4%) $222,821 (-17.2%) 0.00 14
    2021-01-01 $279,650 (11.9%) $263,339 (-4.9%) 0.00 17
    2021-02-01 $279,500 (21.5%) $273,396 (5.3%) 0.00 21
    2021-03-01 $273,495 (30.9%) $284,443 (18.9%) 0.00 20
    2021-04-01 $245,000 (19.7%) $257,437 (8.4%) 0.00 22
    2021-05-01 $247,450 (12.5%) $261,585 (9.9%) 0.00 20
    2021-06-01 $246,950 (49.8%) $271,865 (26.4%) 0.00 17
    2021-07-01 $245,000 (77.9%) $269,693 (29.5%) 0.00 18
    2021-08-01 $245,000 (63.3%) $273,963 (30.1%) 0.00 17
    2021-09-01 $279,500 (148.4%) $317,831 (99.2%) 0.00 15
    2021-10-01 $254,000 (34.2%) $321,367 (61.3%) 0.00 21
    2021-11-01 $255,500 (70.8%) $304,616 (34.4%) 0.00 21
    2021-12-01 $247,250 (15.5%) $283,019 (27.0%) 0.00 19
    2022-01-01 $220,000 (-21.3%) $273,761 (4.0%) 0.00 14
    2022-02-01 $254,250 (-9.0%) $312,467 (14.3%) 0.00 11
    2022-03-01 $245,000 (-10.4%) $247,911 (-12.8%) 0.00 17
    2022-04-01 $238,000 (-2.9%) $234,958 (-8.7%) 0.00 19
    2022-05-01 $217,350 (-12.2%) $229,271 (-12.4%) 0.00 23
    2022-06-01 $217,663 (-11.9%) $238,419 (-12.3%) 0.00 26
    2022-07-01 $199,450 (-18.6%) $217,663 (-19.3%) 0.00 22
    2022-08-01 $191,250 (-21.9%) $217,453 (-20.6%) 0.00 20
    2022-09-01 $195,500 (-30.1%) $239,013 (-24.8%) 0.00 21
    2022-10-01 $195,000 (-23.2%) $233,571 (-27.3%) 0.00 21
    2022-11-01 $210,250 (-17.7%) $257,455 (-15.5%) 0.00 23
    2022-12-01 $214,500 (-13.3%) $255,806 (-9.6%) 0.00 24
    2023-01-01 $284,875 (29.5%) $267,499 (-2.3%) 0.00 21
    2023-02-01 $285,750 (12.4%) $292,465 (-6.4%) 0.00 21
    2023-03-01 $288,875 (17.9%) $287,330 (15.9%) 0.00 19
    2023-04-01 $291,750 (22.6%) $299,161 (27.3%) 0.00 21
    2023-05-01 $287,250 (32.2%) $265,501 (15.8%) 0.00 19
    2023-06-01 $273,000 (25.4%) $291,630 (22.3%) 0.00 19
    2023-07-01 $285,000 (42.9%) $282,154 (29.6%) 0.00 23
    2023-08-01 $285,250 (49.2%) $298,466 (37.3%) 0.00 27
    2023-09-01 $302,000 (54.5%) $307,952 (28.8%) 0.00 20
    2023-10-01 $294,000 (50.8%) $289,241 (23.8%) 0.00 21
    2023-11-01 $293,500 (39.6%) $278,657 (8.2%) 0.00 26
    2023-12-01 $296,000 (38.0%) $292,600 (14.4%) 0.00 23
    2024-01-01 $295,500 (3.7%) $303,275 (13.4%) 0.00 24
    2024-02-01 $290,250 (1.6%) $312,946 (7.0%) 0.00 25
    2024-03-01 $302,500 (4.7%) $330,469 (15.0%) 0.00 28
    2024-04-01 $327,975 (12.4%) $339,875 (13.6%) 0.00 25
    2024-05-01 $296,750 (3.3%) $323,878 (22.0%) 0.00 25
    2024-06-01 $279,500 (2.4%) $321,657 (10.3%) 0.00 33
    2024-07-01 $274,250 (-3.8%) $316,934 (12.3%) 0.00 30
    2024-08-01 $250,000 (-12.4%) $287,126 (-3.8%) 0.00 35
    2024-09-01 $230,000 (-23.8%) $293,547 (-4.7%) 0.00 29
    2024-10-01 $223,875 (-23.9%) $280,360 (-3.1%) 0.00 33
    2024-11-01 $207,500 (-29.3%) $277,766 (-0.3%) 0.00 30
    2024-12-01 $227,500 (-23.1%) $290,786 (-0.6%) 0.00 27
    Pecos's median listing price for 2024-12-01 was $227,500, a difference of $-68,500 (-23.1%) versus the prior year and $20,000 versus the prior month.

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

    Pecos's average listing price for 2024-12-01 was $290,786, a difference of $-1,814 (-0.6%) versus the prior year and $13,020 versus the prior month.

    For the 2024-12-01 period, Pecos had 27 MLS listings, a difference of -3 listings (-10%) versus the prior month and 4 listings (17%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Pecos (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,926 sqft
    2018-02-01 0 days 2,071 sqft
    2018-03-01 0 days 2,253 sqft
    2018-04-01 0 days 1,873 sqft
    2018-05-01 0 days 2,108 sqft
    2018-06-01 0 days 2,950 sqft
    2018-07-01 0 days 3,075 sqft
    2018-08-01 0 days 2,342 sqft
    2018-09-01 0 days 2,040 sqft
    2018-10-01 0 days 2,040 sqft
    2018-11-01 0 days 1,920 sqft
    2018-12-01 0 days 1,775 sqft
    2019-01-01 0 days 1,700 sqft
    2019-02-01 0 days 1,625 sqft
    2019-03-01 0 days 1,535 sqft
    2019-04-01 0 days 1,285 sqft
    2019-05-01 0 days 1,446 sqft
    2019-06-01 0 days 1,764 sqft
    2019-07-01 0 days 1,600 sqft
    2019-08-01 0 days 1,652 sqft
    2019-09-01 0 days 1,830 sqft
    2019-10-01 0 days 1,948 sqft
    2019-11-01 0 days 2,052 sqft
    2019-12-01 0 days 2,058 sqft
    2020-01-01 0 days 2,096 sqft
    2020-02-01 0 days 2,051 sqft
    2020-03-01 0 days 1,971 sqft
    2020-04-01 0 days 1,984 sqft
    2020-05-01 0 days 2,038 sqft
    2020-06-01 0 days 1,822 sqft
    2020-07-01 0 days 1,917 sqft
    2020-08-01 0 days 1,930 sqft
    2020-09-01 0 days 1,279 sqft
    2020-10-01 0 days 1,620 sqft
    2020-11-01 0 days 1,627 sqft
    2020-12-01 0 days 1,551 sqft
    2021-01-01 0 days 1,671 sqft
    2021-02-01 0 days 1,694 sqft
    2021-03-01 0 days 1,952 sqft
    2021-04-01 0 days 1,922 sqft
    2021-05-01 0 days 1,825 sqft
    2021-06-01 0 days 1,761 sqft
    2021-07-01 0 days 1,798 sqft
    2021-08-01 0 days 2,007 sqft
    2021-09-01 0 days 2,021 sqft
    2021-10-01 0 days 2,040 sqft
    2021-11-01 0 days 1,986 sqft
    2021-12-01 0 days 1,724 sqft
    2022-01-01 0 days 1,761 sqft
    2022-02-01 0 days 1,908 sqft
    2022-03-01 0 days 1,683 sqft
    2022-04-01 0 days 1,605 sqft
    2022-05-01 0 days 1,727 sqft
    2022-06-01 0 days 1,727 sqft
    2022-07-01 0 days 1,739 sqft
    2022-08-01 0 days 1,679 sqft
    2022-09-01 0 days 1,754 sqft
    2022-10-01 0 days 1,647 sqft
    2022-11-01 0 days 1,780 sqft
    2022-12-01 0 days 1,767 sqft
    2023-01-01 0 days 1,733 sqft
    2023-02-01 0 days 1,687 sqft
    2023-03-01 0 days 1,613 sqft
    2023-04-01 0 days 1,694 sqft
    2023-05-01 0 days 1,707 sqft
    2023-06-01 0 days 1,768 sqft
    2023-07-01 0 days 1,908 sqft
    2023-08-01 0 days 1,962 sqft
    2023-09-01 0 days 1,645 sqft
    2023-10-01 0 days 1,825 sqft
    2023-11-01 0 days 1,815 sqft
    2023-12-01 0 days 1,835 sqft
    2024-01-01 0 days 1,757 sqft
    2024-02-01 0 days 1,747 sqft
    2024-03-01 0 days 1,835 sqft
    2024-04-01 0 days 1,829 sqft
    2024-05-01 0 days 1,786 sqft
    2024-06-01 0 days 1,680 sqft
    2024-07-01 0 days 1,681 sqft
    2024-08-01 0 days 1,636 sqft
    2024-09-01 0 days 1,721 sqft
    2024-10-01 0 days 1,602 sqft
    2024-11-01 0 days 1,673 sqft
    2024-12-01 0 days 1,780 sqft
    Pecos's median listing age (time on market) for 2024-12-01 was 0 days.

    Pecos's median square footage for active listings during the 2024-12-01 period was 1,780 sqft. One year prior, the average listing was 1,835 sqft.

    Pecos, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 106 $24,450,000 $230,660
    Refi 9 $2,565,000 $285,000
    Cash Out Refi 6 $870,000 $145,000
    Other 3 $735,000 $245,000
    Home Improvement 2 $300,000 $150,000

    Pecos's most frequently cited loan purpose was Home Purchase, with 106 originations. The 2nd most popular reason was Refi, with 9 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 45 $11,055,000 $245,667
    7-8% 28 $6,780,000 $242,143
    Over 8% 26 $4,160,000 $160,000
    5-6% 24 $6,570,000 $273,750

    During 2024, Pecos's most frequently originated rate bucket was 6-7%, with 45 originations.

    Loan Sizing (Pecos, TX MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 64 $18,320,000 $286,250
    $100k-200k 41 $5,825,000 $142,073
    $100,000 or less 12 $760,000 $63,333
    $400k-600k 9 $4,015,000 $446,111

    Pecos's loan sizing saw the bucket of loans from $200k-400k with 64 originations, totaling $18,320,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 88 $20,070,000 $228,068
    60-80% 20 $5,250,000 $262,500
    40-60% 6 $750,000 $125,000
    Over 100% 6 $1,430,000 $238,333
    20-40% 1 $25,000 $25,000

    Pecos's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 88 originations, totaling $20,070,000 in origination value.