PINE BLUFF Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Pine Bluff averaged
6.72%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
6.65% and
one month ago for the week of 2024-10-03, the
average rate was 6.35%.
Pine Bluff's average rate one year ago was 7.89%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.29%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Pine Bluff 30 Year Fixed Rate | 2024-11-07 | 6.72% |
| Pine Bluff 30 Year Fixed Rate Refi | 2024-11-07 | 7.29% |
| Pine Bluff 15 Year Fixed Rate | 2024-11-07 | 5.9% |
| Pine Bluff 15 Year Fixed Rate Refi | 2024-11-07 | 6% |
| Pine Bluff 30 Year FHA | 2024-11-07 | 6.35% |
| Pine Bluff 30 Year FHA Refi | 2024-11-07 | 6.53% |
| Pine Bluff 30 Year USDA | 2024-11-07 | 6.48% |
| Pine Bluff 30 Year USDA Refi | 2024-11-07 | 6.28% |
| Pine Bluff 30 Year VA | 2024-11-07 | 6.54% |
| Pine Bluff 30 Year VA Refi | 2024-11-07 | 6.14% |
PINE BLUFF 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 PINE BLUFF, AR 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.).
PINE BLUFF Average Closing Costs & Other Stats
PINE BLUFF, AR's 46 lenders originated 972
loans during 2023. The total origination value was $140,060,000, with an average loan value of
$144,095.
PINE BLUFF's average closing costs are $4,618.
The top PINE BLUFF lender as defined by loan originations is Simmons Bank, with
40 loans originated. Their average total fees are
$3,133, which is $1,902
lower than the next largest lender,
MORTGAGE FINANCIAL SERVICES, LLC.
The lowest fee PINE BLUFF lenders (with over 10 loans originated) are
PINE BLUFF COTTON BELT Federal Credit Union ($2,575), Simmons Bank ($3,133), FirstTrust Home Loans, Inc. ($4,630), MORTGAGE FINANCIAL SERVICES, LLC ($5,035) and QUICKEN LOANS, LLC ($5,276).
The lowest rate PINE BLUFF lenders (with over 10 loans originated) are
PINE BLUFF COTTON BELT Federal Credit Union (6.35%), MORTGAGE FINANCIAL SERVICES, LLC (6.79%), Simmons Bank (6.99%), FirstTrust Home Loans, Inc. (7.12%) and QUICKEN LOANS, LLC (7.18%).
PINE BLUFF, AR 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 |
|---|---|---|---|---|
| Simmons Bank | $21,990,000 | $13,695,000 | -37.7% | 9.8% |
| MORTGAGE FINANCIAL SERVICES, LLC | $16,750,000 | $11,525,000 | -31.2% | 8.2% |
| Gateway Bank | $8,000,000 | n/a | 5.7% | |
| Merchants Bank of Indiana | $15,975,000 | $7,330,000 | -54.1% | 5.2% |
| PINE BLUFF COTTON BELT Federal Credit Union | $6,265,000 | $7,240,000 | 15.6% | 5.2% |
| QUICKEN LOANS, LLC | $10,515,000 | $7,135,000 | -32.1% | 5.1% |
| Relyance Bank | $10,960,000 | $7,030,000 | -35.9% | 5.0% |
| FirstTrust Home Loans, Inc. | $8,130,000 | $6,895,000 | -15.2% | 4.9% |
| Mortgage Research Center, LLC | $3,810,000 | $4,760,000 | 24.9% | 3.4% |
| EVERETT FINANCIAL, INC. | $2,880,000 | $4,720,000 | 63.9% | 3.4% |
| 21ST MORTGAGE CORPORATION | $2,430,000 | $4,500,000 | 85.2% | 3.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,660,000 | $4,040,000 | 51.9% | 2.9% |
| Arvest Bank | $1,445,000 | $3,780,000 | 161.6% | 2.7% |
| GUARANTEED RATE, INC. | $2,330,000 | $3,670,000 | 57.5% | 2.6% |
| FBT Bank & Mortgage | $3,500,000 | n/a | 2.5% | |
| BANK OF STAR CITY | $2,045,000 | n/a | 1.5% | |
| NEW DAY FINANCIAL, LLC | $570,000 | $1,555,000 | 172.8% | 1.1% |
| PILGRIM MORTGAGE LLC | $835,000 | $1,550,000 | 85.6% | 1.1% |
| Stone Bank | $13,685,000 | $1,465,000 | -89.3% | 1.0% |
| Centennial Bank | $3,655,000 | $1,400,000 | -61.7% | 1.0% |
| Wells Fargo Bank | $2,575,000 | $1,385,000 | -46.2% | 1.0% |
| LOANDEPOT.COM, LLC | $2,705,000 | $1,285,000 | -52.5% | 0.9% |
| TRIAD FINANCIAL SERVICES, INC. | $605,000 | $1,280,000 | 111.6% | 0.9% |
| CROSSCOUNTRY MORTGAGE, LLC | $960,000 | $1,085,000 | 13.0% | 0.8% |
| FLAT BRANCH MORTGAGE, INC. | $600,000 | $1,055,000 | 75.8% | 0.8% |
| ARKANSAS Federal Credit Union | $1,305,000 | $1,000,000 | -23.4% | 0.7% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $760,000 | $910,000 | 19.7% | 0.6% |
| U.S. Bank | $3,005,000 | $895,000 | -70.2% | 0.6% |
| NEWREZ LLC | $1,395,000 | $830,000 | -40.5% | 0.6% |
| Citizens Bank | $2,030,000 | $820,000 | -59.6% | 0.6% |
| JPMorgan Chase Bank | $615,000 | $805,000 | 30.9% | 0.6% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $795,000 | n/a | 0.6% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $765,000 | $775,000 | 1.3% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,855,000 | $730,000 | -60.6% | 0.5% |
| Bank of America | $1,240,000 | $700,000 | -43.5% | 0.5% |
| Bank OZK | $1,505,000 | $695,000 | -53.8% | 0.5% |
| Barrington Bank & Trust Company, N.A. | $960,000 | $645,000 | -32.8% | 0.5% |
| TIB The Independent Bankersbank | $630,000 | n/a | 0.4% | |
| AgHeritage Farm Credit Services FLCA | $620,000 | n/a | 0.4% | |
| Bank of England | $765,000 | $620,000 | -19.0% | 0.4% |
| CARDINAL FINANCIAL | $420,000 | $595,000 | 41.7% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $720,000 | $575,000 | -20.1% | 0.4% |
| USAA Federal Savings Bank | $780,000 | $515,000 | -34.0% | 0.4% |
| SOUTHWEST STAGE FUNDING, LLC | $510,000 | $510,000 | 0.0% | 0.4% |
| Regions Bank | $870,000 | $455,000 | -47.7% | 0.3% |
| First Community Bank | $600,000 | $435,000 | -27.5% | 0.3% |
| GUILD MORTGAGE COMPANY | $65,000 | $420,000 | 546.2% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $415,000 | n/a | 0.3% | |
| BROKER SOLUTIONS, INC. | $755,000 | $410,000 | -45.7% | 0.3% |
| Eagle Bank and Trust Company | $660,000 | $410,000 | -37.9% | 0.3% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $215,000 | $410,000 | 90.7% | 0.3% |
| MERCHANTS & FARMERS BANK | $400,000 | n/a | 0.3% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $125,000 | $400,000 | 220.0% | 0.3% |
| Trustmark National Bank | $395,000 | n/a | 0.3% | |
| Armed Forces Bank | $355,000 | n/a | 0.3% | |
| LAKEVIEW LOAN SERVICING, LLC | $200,000 | $340,000 | 70.0% | 0.2% |
| Community First National Bank | $330,000 | n/a | 0.2% | |
| AMERISAVE MORTGAGE CORPORATION | $1,780,000 | $320,000 | -82.0% | 0.2% |
| ENCORE BANK | $595,000 | $315,000 | -47.1% | 0.2% |
| PENNYMAC LOAN SERVICES, LLC | $1,695,000 | $310,000 | -81.7% | 0.2% |
| ACADEMY MORTGAGE CORPORATION | $205,000 | $300,000 | 46.3% | 0.2% |
| TELCOE FEDERAL CREDIT UNION | $55,000 | $290,000 | 427.3% | 0.2% |
| PLANET HOME LENDING, LLC | $370,000 | $265,000 | -28.4% | 0.2% |
| BANK OF LITTLE ROCK MORTGAGE CORPORATION | $680,000 | $260,000 | -61.8% | 0.2% |
| GSF Mortgage Corporation | $135,000 | $245,000 | 81.5% | 0.2% |
| AMCAP MORTGAGE, LTD. | $225,000 | n/a | 0.2% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $35,000 | $215,000 | 514.3% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $65,000 | $215,000 | 230.8% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $170,000 | $215,000 | 26.5% | 0.2% |
| CALIBER HOME LOANS, INC. | $840,000 | $210,000 | -75.0% | 0.1% |
| Flagstar Bank, FSB | $375,000 | $195,000 | -48.0% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $195,000 | n/a | 0.1% | |
| POLARIS HOME FUNDING CORP. | $185,000 | n/a | 0.1% | |
| Sierra Pacific Mortgage Company, Inc. | $185,000 | n/a | 0.1% | |
| THRIVE MORTGAGE, LLC | $185,000 | n/a | 0.1% | |
| Deere Employees Credit Union | $45,000 | $180,000 | 300.0% | 0.1% |
| The Farmers & Merchants Bank | $175,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $85,000 | $165,000 | 94.1% | 0.1% |
| COMMUNITY MORTGAGE CORPORATION | $155,000 | n/a | 0.1% | |
| Connexus Credit Union | $155,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $760,000 | $155,000 | -79.6% | 0.1% |
| DAS Acquisition Company, LLC | $435,000 | $155,000 | -64.4% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $155,000 | n/a | 0.1% | |
| Legacy National Bank | $155,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $155,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $145,000 | n/a | 0.1% | |
| NFM, INC. | $155,000 | $145,000 | -6.5% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $135,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $135,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $135,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $575,000 | $125,000 | -78.3% | 0.1% |
| Magnolia Bank | $125,000 | n/a | 0.1% | |
| OCMBC, INC. | $125,000 | n/a | 0.1% | |
| Southern Bancorp Bank | $685,000 | $125,000 | -81.8% | 0.1% |
| First National Bank of Omaha | $115,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $115,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $105,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $410,000 | $95,000 | -76.8% | 0.1% |
| M&T Bank | $95,000 | n/a | 0.1% | |
| Nations Lending Corporation | $95,000 | n/a | 0.1% | |
| BancorpSouth | $205,000 | $90,000 | -56.1% | 0.1% |
| Secured Investment Corp. | $130,000 | $85,000 | -34.6% | 0.1% |
| Coastal Community Bank | $70,000 | n/a | 0.0% | |
| Equity Bank | $65,000 | n/a | 0.0% | |
| CSL Financial, LLC | $820,000 | $55,000 | -93.3% | 0.0% |
| Discover Bank | $35,000 | $55,000 | 57.1% | 0.0% |
| First Security Bank | $55,000 | n/a | 0.0% | |
| S1L, Inc. | $55,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $385,000 | $50,000 | -87.0% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $45,000 | n/a | 0.0% | |
| Figure Lending LLC | $115,000 | $35,000 | -69.6% | 0.0% |
| MidFirst Bank | $35,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% |
PINE BLUFF's top lender by overall market share is Simmons Bank, with 9.8% market share. In second place, with 8.2%, is MORTGAGE FINANCIAL SERVICES, LLC, having originated $11,525,000 in loans. In third place, with 5.7%, is Gateway Bank, having originated $8,000,000 in loans. In fourth place, with 5.2%, is Merchants Bank of Indiana, having originated $7,330,000 in loans. In fifth place, with 5.2%, is PINE BLUFF COTTON BELT Federal Credit Union, having originated $7,240,000 in loans.
PINE BLUFF, AR 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 |
|---|---|---|---|---|---|---|
| 71601 | Pine Bluff, AR MSA | $560 | $590 | $780 | $980 | $1,050 |
| 71602 | Pine Bluff, AR MSA | $610 | $650 | $860 | $1,080 | $1,160 |
| 71603 | Pine Bluff, AR MSA | $610 | $650 | $850 | $1,070 | $1,140 |
| 71639 | Pine Bluff, AR MSA | $510 | $550 | $720 | $910 | $990 |
| 71643 | Pine Bluff, AR MSA | $510 | $550 | $720 | $910 | $990 |
| 71644 | Pine Bluff, AR MSA | $510 | $550 | $720 | $910 | $990 |
| 71652 | Pine Bluff, AR MSA | $510 | $550 | $720 | $910 | $990 |
| 71655 | Pine Bluff, AR MSA | $510 | $550 | $720 | $910 | $990 |
| 71659 | Pine Bluff, AR MSA | $530 | $560 | $740 | $930 | $1,000 |
| 71660 | Pine Bluff, AR MSA | $510 | $550 | $730 | $920 | $990 |
| 71665 | Pine Bluff, AR MSA | $510 | $550 | $720 | $910 | $990 |
| 71667 | Pine Bluff, AR MSA | $510 | $550 | $720 | $910 | $990 |
| 71671 | Pine Bluff, AR MSA | $530 | $570 | $750 | $940 | $1,010 |
| 71675 | Pine Bluff, AR MSA | $510 | $550 | $720 | $910 | $990 |
| 71678 | Pine Bluff, AR MSA | $510 | $550 | $720 | $910 | $990 |
| 72004 | Pine Bluff, AR MSA | $510 | $550 | $720 | $910 | $990 |
| 72046 | Pine Bluff, AR MSA | $640 | $660 | $750 | $1,010 | $1,200 |
| 72057 | Pine Bluff, AR MSA | $790 | $810 | $920 | $1,170 | $1,460 |
| 72072 | Pine Bluff, AR MSA | $640 | $660 | $760 | $1,010 | $1,200 |
| 72073 | Pine Bluff, AR MSA | $580 | $610 | $790 | $1,000 | $1,080 |
| 72079 | Pine Bluff, AR MSA | $700 | $730 | $930 | $1,170 | $1,310 |
| 72132 | Pine Bluff, AR MSA | $760 | $810 | $1,040 | $1,310 | $1,430 |
| 72133 | Pine Bluff, AR MSA | $590 | $630 | $830 | $1,040 | $1,110 |
| 72150 | Pine Bluff, AR MSA | $680 | $690 | $790 | $1,010 | $1,260 |
| 72152 | Pine Bluff, AR MSA | $550 | $590 | $770 | $970 | $1,040 |
| 72160 | Pine Bluff, AR MSA | $640 | $660 | $810 | $1,030 | $1,200 |
| 72168 | Pine Bluff, AR MSA | $610 | $640 | $760 | $990 | $1,140 |
| 72175 | Pine Bluff, AR MSA | $610 | $650 | $860 | $1,080 | $1,160 |
| 72182 | Pine Bluff, AR MSA | $590 | $630 | $830 | $1,040 | $1,110 |
2022 Average & Median Rent Data Statistics
PINE BLUFF, AR average 1BR rent: $615, median: $590
PINE BLUFF, AR average 2BR rent: $784, median: $760
PINE BLUFF, AR average 3BR rent: $995, median: $980
PINE BLUFF, AR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 676 | $97,020,000 | $143,521 |
| Cash Out Refi | 106 | $13,210,000 | $124,623 |
| Home Improvement | 72 | $4,240,000 | $58,889 |
| Refi | 71 | $20,475,000 | $288,380 |
| Other | 47 | $5,115,000 | $108,830 |
Pine Bluff's most frequently cited loan purpose was Home Purchase, with 676 originations. The 2nd most popular reason was Cash Out Refi, with 106 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 336 | $48,410,000 | $144,077 |
| 7-8% | 191 | $35,705,000 | $186,937 |
| Over 8% | 154 | $15,850,000 | $102,922 |
| 5-6% | 76 | $15,040,000 | $197,895 |
| 4-5% | 6 | $1,270,000 | $211,667 |
| <2.5% | 4 | $130,000 | $32,500 |
| 3-4% | 2 | $540,000 | $270,000 |
During 2023, Pine Bluff's most frequently originated rate bucket was 6-7%, with 336 originations.
Loan Sizing (PINE BLUFF, AR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 435 | $24,145,000 | $55,506 |
| $100k-200k | 363 | $52,685,000 | $145,138 |
| $200k-400k | 152 | $40,160,000 | $264,211 |
| $400k-600k | 15 | $6,815,000 | $454,333 |
| $Over $1MM | 4 | $14,190,000 | $3,547,500 |
| $600k-1000k | 3 | $2,065,000 | $688,333 |
PINE BLUFF's loan sizing saw the bucket of loans from $100,000 or less with 435 originations, totaling $24,145,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 496 | $79,210,000 | $159,698 |
| 60-80% | 116 | $24,060,000 | $207,414 |
| Under 20% | 52 | $1,120,000 | $21,538 |
| 20-40% | 43 | $2,525,000 | $58,721 |
| 40-60% | 40 | $6,910,000 | $172,750 |
| Over 100% | 17 | $2,905,000 | $170,882 |
PINE BLUFF's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 496 originations, totaling $79,210,000 in origination value.