Plainview Mortgage Rates

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

    30 Year Fixed Rate mortgages in Plainview averaged 6.69% 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 6.66% and one month ago for the week of 2022-05-19, the average rate was 5.93%.

    Plainview's average rate one year ago was 3.39%.

    For refis of the same type during the week of 2022-06-23, the average rate was 5.75%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-06-23 5.81%
    Plainview 30 Year Fixed Rate 2022-06-23 6.69%
    Plainview 30 Year Fixed Rate Refi 2022-06-23 5.75%
    Plainview 15 Year Fixed Rate 2022-06-23 6.25%
    Plainview 15 Year Fixed Rate Refi 2022-06-23 5.2%
    Plainview 30 Year FHA 2022-06-23 0.52%
    Plainview 30 Year FHA Refi 2022-06-23 0.47%
    Plainview 30 Year USDA 2022-06-23 0.75%
    Plainview 30 Year USDA Refi 2022-06-23 3.36%
    Plainview 30 Year VA 2022-06-23 0.4%
    Plainview 30 Year VA Refi 2022-06-23 0.15%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Plainview, TX.

    Plainview 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 Plainview, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    Prosperity Bank 84 3.32% $3,351
    Happy State Bank 17 3.79% $3,931
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 12 3.26% $4,239
    QUICKEN LOANS, LLC 12 3.30% $4,277
    TEXAS TECH 8 3.22% $3,968
    City Bank 3 3.00% $4,093
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 2.99% $4,826
    Amarillo National Bank 3 3.33% $3,668
    First Bank & Trust 3 3.29% $4,596
    Wells Fargo Bank 2 3.38% $2,285
    Carrington Mortgage Services, LLC 2 3.50% $4,120
    CHURCHILL MORTGAGE CORPORATION 2 3.19% $4,180
    Citizens Bank 2 3.19% $3,832
    UNITED WHOLESALE MORTGAGE, LLC 2 3.00% $5,710
    First Savings Bank 1 2.88% $5,878
    First United Bank 1 3.25% $3,796
    FREEDOM MORTGAGE CORPORATION 1 3.13% $1,270
    Gateway First Bank 1 3.63% $2,958
    Education Credit Union 1 5.00% $4,527
    HOMESIDE FINANCIAL, LLC 1 2.99% $7,824
    INFINITY MORTGAGE HOLDINGS, LLC 1 2.88% $4,364
    Mortgage Research Center, LLC 1 2.99% $1,730
    PENNYMAC LOAN SERVICES, LLC 1 3.50% $4,720
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.75% $4,589
    Cadence Bank, N.A. 1 3.13% $8,886
    BBVA USA 1 3.63% $4,623
    SOFI LENDING CORP. 1 2.75% $3,856
    AMERISAVE MORTGAGE CORPORATION 1 3.50% $4,434
    The Huntington National Bank 1 2.88% $2,874
    AMCAP MORTGAGE, LTD. 1 3.13% $7,105
    U.S. Bank 1 3.63% $4,652
    First Guaranty Mortgage Corporation 1 2.88% $2,132

    Plainview, TX's 32 lenders originated 418 loans during 2021. The total origination value was $61,270,000, with an average loan value of $146,579.

    The top Plainview lender as defined by loan originations is Prosperity Bank, with 84 loans originated. Their average total fees are $3,351, which is $580 lower than the next largest lender, Happy State Bank.

    The lowest fee Plainview lenders (with over 10 loans originated) are Prosperity Bank ($3,351), Happy State Bank ($3,931), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($4,239), QUICKEN LOANS, LLC ($4,277) and .

    The lowest rate Plainview lenders (with over 10 loans originated) are ARK-LA-TEX FINANCIAL SERVICES, LLC. (3.26%), QUICKEN LOANS, LLC (3.30%), Prosperity Bank (3.32%), Happy State Bank (3.79%) and .

    Plainview, TX 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
    Prosperity Bank $12,345,000 $19,155,000 55.2% 31.3%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $6,380,000 $6,090,000 -4.5% 9.9%
    QUICKEN LOANS, LLC $2,885,000 $5,305,000 83.9% 8.7%
    Happy State Bank $3,535,000 $4,770,000 34.9% 7.8%
    TEXAS TECH $4,220,000 $2,560,000 -39.3% 4.2%
    City Bank $2,130,000 $1,760,000 -17.4% 2.9%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,210,000 $1,645,000 36.0% 2.7%
    Amarillo National Bank $635,000 $985,000 55.1% 1.6%
    Mortgage Research Center, LLC $1,370,000 $965,000 -29.6% 1.6%
    FREEDOM MORTGAGE CORPORATION $1,255,000 $815,000 -35.1% 1.3%
    UNITED WHOLESALE MORTGAGE, LLC $235,000 $795,000 238.3% 1.3%
    Wells Fargo Bank $270,000 $780,000 188.9% 1.3%
    First United Bank $550,000 $775,000 40.9% 1.3%
    LOANDEPOT.COM, LLC $305,000 $700,000 129.5% 1.1%
    Mr. Cooper ( Nationstar Mortgage ) $145,000 $665,000 358.6% 1.1%
    PENNYMAC LOAN SERVICES, LLC $620,000 n/a 1.0%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $560,000 $610,000 8.9% 1.0%
    Stride Bank $595,000 n/a 1.0%
    AMCAP MORTGAGE, LTD. $250,000 $530,000 112.0% 0.9%
    Citizens Bank $485,000 n/a 0.8%
    Farm Credit Mid-America, ACA $475,000 n/a 0.8%
    First Bank & Trust $2,155,000 $465,000 -78.4% 0.8%
    CALIBER HOME LOANS, INC. $590,000 $440,000 -25.4% 0.7%
    INFINITY MORTGAGE HOLDINGS, LLC $250,000 $420,000 68.0% 0.7%
    CHURCHILL MORTGAGE CORPORATION $415,000 n/a 0.7%
    Vista Bank $1,015,000 $410,000 -59.6% 0.7%
    CMG MORTGAGE, INC. $400,000 n/a 0.7%
    Lakeview Community Capital, LLC $145,000 $395,000 172.4% 0.6%
    Gateway First Bank $215,000 $385,000 79.1% 0.6%
    NBKC BANK $345,000 n/a 0.6%
    Alliance Credit Union $985,000 $335,000 -66.0% 0.5%
    MID AMERICA MORTGAGE, INC. $105,000 $330,000 214.3% 0.5%
    Cadence Bank, N.A. $315,000 n/a 0.5%
    Southwest Bank $685,000 $310,000 -54.7% 0.5%
    AMERISAVE MORTGAGE CORPORATION $290,000 n/a 0.5%
    HOMESIDE FINANCIAL, LLC $290,000 n/a 0.5%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $240,000 $280,000 16.7% 0.5%
    First National Bank of America $245,000 n/a 0.4%
    The Huntington National Bank $245,000 n/a 0.4%
    BBVA USA $150,000 $235,000 56.7% 0.4%
    First Savings Bank $225,000 n/a 0.4%
    Carrington Mortgage Services, LLC $235,000 $220,000 -6.4% 0.4%
    U.S. Bank $190,000 $215,000 13.2% 0.4%
    ROYAL UNITED MORTGAGE LLC $190,000 $210,000 10.5% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $195,000 n/a 0.3%
    CORNERSTONE HOME LENDING, INC. $455,000 $185,000 -59.3% 0.3%
    Equity Prime Mortgage LLC $175,000 n/a 0.3%
    GUARANTEED RATE, INC. $95,000 $175,000 84.2% 0.3%
    Hometown Equity Mortgage, LLC $175,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $165,000 n/a 0.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $155,000 n/a 0.3%
    VILLAGE CAPITAL & INVESTMENT LLC $150,000 n/a 0.2%
    SOFI LENDING CORP. $135,000 n/a 0.2%
    EVERETT FINANCIAL, INC. $310,000 $125,000 -59.7% 0.2%
    LENDINGHOME FUNDING CORPORATION $125,000 n/a 0.2%
    PILGRIM MORTGAGE LLC $125,000 n/a 0.2%
    JPMorgan Chase Bank $55,000 $120,000 118.2% 0.2%
    LEADERONE FINANCIAL CORPORATION $270,000 $115,000 -57.4% 0.2%
    Rocky Mountain Mortgage Company $115,000 n/a 0.2%
    Colonial Savings, F.A. $145,000 $105,000 -27.6% 0.2%
    Education Credit Union $85,000 $95,000 11.8% 0.2%
    FirstCapital Bank of Texas $85,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $75,000 $75,000 0.0% 0.1%
    First Guaranty Mortgage Corporation $155,000 $75,000 -51.6% 0.1%
    Deere Employees Credit Union $35,000 $55,000 57.1% 0.1%
    Barrington Bank & Trust Company, N.A. $45,000 n/a 0.1%

    Plainview's top lender by overall market share is Prosperity Bank, with 31.3% market share. In second place, with 9.9%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $6,090,000 in loans. In third place, with 8.7%, is QUICKEN LOANS, LLC, having originated $5,305,000 in loans. In third place, with 7.8%, is Happy State Bank, having originated $4,770,000 in loans. In third place, with 4.2%, is TEXAS TECH, having originated $2,560,000 in loans.

    Plainview, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 262 $40,620,000 $155,038
    Refi 121 $16,475,000 $136,157
    Cash Out Refi 26 $3,620,000 $139,231
    Other 5 $355,000 $71,000
    Home Improvement 4 $200,000 $50,000

    Plainview's most frequently cited loan purpose was Home Purchase, with 262 originations. The 2nd most popular reason was Refi, with 121 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 180 $26,420,000 $146,778
    2.5-3% 117 $19,335,000 $165,256
    <2.5% 68 $10,590,000 $155,735
    4-5% 30 $3,060,000 $102,000
    5-6% 6 $500,000 $83,333
    6-7% 6 $750,000 $125,000
    7-8% 1 $45,000 $45,000
    Over 8% 1 $75,000 $75,000

    During 2021, Plainview's most frequently originated rate bucket was 3-4%, with 180 originations.

    Loan Sizing (Plainview, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 200 $28,720,000 $143,600
    $100,000 or less 136 $9,290,000 $68,309
    $200k-400k 76 $20,280,000 $266,842
    $400k-600k 6 $2,980,000 $496,667

    Plainview's loan sizing saw the bucket of loans from $100k-200k with 200 originations, totaling $28,720,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 239 $38,645,000 $161,695
    60-80% 102 $14,510,000 $142,255
    40-60% 43 $5,125,000 $119,186
    20-40% 11 $665,000 $60,455
    Over 100% 3 $605,000 $201,667
    Under 20% 1 $15,000 $15,000

    Plainview's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 239 originations, totaling $38,645,000 in origination value.

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Plainview (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 $124,225 (5.4%) $159,219 (17.1%) 0.00 109
    2018-02-01 $126,500 (5.7%) $155,532 (10.2%) 0.00 113
    2018-03-01 $145,000 (16.1%) $171,040 (10.4%) 0.00 108
    2018-04-01 $148,700 (19.1%) $176,462 (9.3%) 0.00 97
    2018-05-01 $148,700 (19.0%) $170,367 (7.4%) 0.00 100
    2018-06-01 $149,950 (25.5%) $167,306 (16.0%) 0.00 105
    2018-07-01 $149,800 (26.4%) $173,789 (25.6%) 0.00 117
    2018-08-01 $143,000 (20.0%) $170,792 (18.6%) 0.00 113
    2018-09-01 $130,000 (4.0%) $173,248 (16.7%) 0.00 120
    2018-10-01 $129,900 (2.8%) $180,822 (17.2%) 0.00 125
    2018-11-01 $127,500 (-0.6%) $175,720 (10.3%) 0.00 139
    2018-12-01 $139,900 (10.6%) $182,658 (11.1%) 0.00 134
    2019-01-01 $123,750 (-0.4%) $174,012 (9.3%) 0.00 124
    2019-02-01 $128,900 (1.9%) $176,432 (13.4%) 0.00 119
    2019-03-01 $141,386 (-2.5%) $181,603 (6.2%) 0.00 117
    2019-04-01 $145,136 (-2.4%) $182,923 (3.7%) 0.00 117
    2019-05-01 $139,900 (-5.9%) $179,863 (5.6%) 0.00 108
    2019-06-01 $140,000 (-6.6%) $179,734 (7.4%) 0.00 109
    2019-07-01 $130,250 (-13.1%) $168,248 (-3.2%) 0.00 123
    2019-08-01 $131,500 (-8.0%) $171,770 (0.6%) 0.00 117
    2019-09-01 $131,000 (0.8%) $175,869 (1.5%) 0.00 108
    2019-10-01 $134,700 (3.7%) $175,581 (-2.9%) 0.00 106
    2019-11-01 $135,000 (5.9%) $182,089 (3.6%) 0.00 106
    2019-12-01 $140,000 (0.1%) $183,634 (0.5%) 0.00 102
    2020-01-01 $137,250 (10.9%) $178,005 (2.3%) 0.00 94
    2020-02-01 $134,500 (4.3%) $183,676 (4.1%) 0.00 86
    2020-03-01 $141,500 (0.1%) $200,371 (10.3%) 0.00 83
    2020-04-01 $153,750 (5.9%) $215,567 (17.9%) 0.00 82
    2020-05-01 $154,900 (10.7%) $228,051 (26.8%) 0.00 79
    2020-06-01 $168,500 (20.4%) $227,784 (26.7%) 0.00 81
    2020-07-01 $149,900 (15.1%) $208,309 (23.8%) 0.00 76
    2020-08-01 $148,800 (13.2%) $202,251 (17.8%) 0.00 84
    2020-09-01 $142,450 (8.7%) $197,972 (12.6%) 0.00 74
    2020-10-01 $144,900 (7.6%) $201,515 (14.8%) 0.00 65
    2020-11-01 $149,500 (10.7%) $236,861 (30.1%) 0.00 54
    2020-12-01 $164,900 (17.8%) $241,692 (31.6%) 0.00 53
    2021-01-01 $139,500 (1.6%) $210,661 (18.4%) 0.00 50
    2021-02-01 $137,250 (2.0%) $225,327 (22.7%) 0.00 46
    2021-03-01 $127,500 (-9.9%) $230,153 (14.9%) 0.00 39
    2021-04-01 $126,500 (-17.7%) $219,372 (1.8%) 0.00 43
    2021-05-01 $250,000 (61.4%) $313,919 (37.7%) 0.00 33
    2021-06-01 $202,450 (20.2%) $307,555 (35.0%) 0.00 37
    2021-07-01 $245,000 (63.4%) $325,584 (56.3%) 0.00 35
    2021-08-01 $137,500 (-7.6%) $221,448 (9.5%) 0.00 40
    2021-09-01 $143,700 (0.9%) $211,504 (6.8%) 0.00 42
    2021-10-01 $130,000 (-10.3%) $230,082 (14.2%) 0.00 34
    2021-11-01 $179,900 (20.3%) $316,810 (33.8%) 0.00 37
    2021-12-01 $192,000 (16.4%) $322,063 (33.3%) 0.00 36
    2022-01-01 $150,000 (7.5%) $324,003 (53.8%) 0.00 33
    2022-02-01 $144,500 (5.3%) $315,994 (40.2%) 0.00 35
    2022-03-01 $209,950 (64.7%) $382,010 (66.0%) 0.00 23
    2022-04-01 $225,000 (77.9%) $431,616 (96.8%) 0.00 23
    2022-05-01 $191,200 (-23.5%) $294,610 (-6.2%) 0.00 31
    Plainview's median listing price for 2022-05-01 was $191,200, a difference of $-58,800 (-23.5%) versus the prior year and $-33,800 versus the prior month.

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

    Plainview's average listing price for 2022-05-01 was $294,610, a difference of $-19,309 (-6.2%) versus the prior year and $-137,006 versus the prior month.

    For the 2022-05-01 period, Plainview had 31 MLS listings, a difference of 8 listings (35%) versus the prior month and -2 listings (-6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Plainview (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,824 sqft
    2018-02-01 0 days 1,863 sqft
    2018-03-01 0 days 1,986 sqft
    2018-04-01 0 days 2,024 sqft
    2018-05-01 0 days 2,027 sqft
    2018-06-01 0 days 2,083 sqft
    2018-07-01 0 days 2,039 sqft
    2018-08-01 0 days 2,004 sqft
    2018-09-01 0 days 2,001 sqft
    2018-10-01 0 days 1,943 sqft
    2018-11-01 0 days 1,954 sqft
    2018-12-01 0 days 1,948 sqft
    2019-01-01 0 days 1,911 sqft
    2019-02-01 0 days 1,924 sqft
    2019-03-01 0 days 1,962 sqft
    2019-04-01 0 days 1,981 sqft
    2019-05-01 0 days 1,974 sqft
    2019-06-01 0 days 1,971 sqft
    2019-07-01 0 days 1,940 sqft
    2019-08-01 0 days 1,953 sqft
    2019-09-01 0 days 2,001 sqft
    2019-10-01 0 days 1,987 sqft
    2019-11-01 0 days 1,992 sqft
    2019-12-01 0 days 1,970 sqft
    2020-01-01 0 days 1,950 sqft
    2020-02-01 0 days 1,956 sqft
    2020-03-01 0 days 2,052 sqft
    2020-04-01 0 days 2,093 sqft
    2020-05-01 0 days 2,294 sqft
    2020-06-01 0 days 2,206 sqft
    2020-07-01 0 days 2,179 sqft
    2020-08-01 0 days 2,155 sqft
    2020-09-01 0 days 2,171 sqft
    2020-10-01 0 days 2,167 sqft
    2020-11-01 0 days 2,080 sqft
    2020-12-01 0 days 2,248 sqft
    2021-01-01 0 days 2,076 sqft
    2021-02-01 0 days 2,033 sqft
    2021-03-01 0 days 2,046 sqft
    2021-04-01 0 days 2,200 sqft
    2021-05-01 0 days 2,296 sqft
    2021-06-01 0 days 2,424 sqft
    2021-07-01 0 days 2,495 sqft
    2021-08-01 0 days 1,650 sqft
    2021-09-01 0 days 1,754 sqft
    2021-10-01 0 days 1,631 sqft
    2021-11-01 0 days 1,906 sqft
    2021-12-01 0 days 1,916 sqft
    2022-01-01 0 days 1,759 sqft
    2022-02-01 0 days 1,812 sqft
    2022-03-01 0 days 1,858 sqft
    2022-04-01 0 days 2,180 sqft
    2022-05-01 0 days 2,031 sqft
    Plainview's median listing age (time on market) for 2022-05-01 was 0 days.

    Plainview's median square footage for active listings during the 2022-05-01 period was 2,031 sqft. One year prior, the average listing was 2,296 sqft.