Plainview Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Plainview averaged 6.85% for the week of 2025-02-13, compared to the national average of 6.87% for the same period.

The average rate for the prior week (2025-02-06) was 7.07% and one month ago for the week of 2025-01-09, the average rate was 7.21%.

Plainview's average rate one year ago was 6.62%.

For refis of the same type during the week of 2025-02-13, the average rate was 7.17%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-02-13 6.87%
Plainview 30 Year Fixed Rate 2025-02-13 6.85%
Plainview 30 Year Fixed Rate Refi 2025-02-13 7.17%
Plainview 15 Year Fixed Rate 2025-02-13 5.99%
Plainview 15 Year Fixed Rate Refi 2025-02-13 6.19%
Plainview 30 Year FHA 2025-02-13 6.62%
Plainview 30 Year FHA Refi 2025-02-13 6.82%
Plainview 30 Year USDA 2025-02-13 6.53%
Plainview 30 Year USDA Refi 2025-02-13 6.63%
Plainview 30 Year VA 2025-02-13 6.53%
Plainview 30 Year VA Refi 2025-02-13 6.53%
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 lender, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Prosperity Bank 47 6.77% $3,551
QUICKEN LOANS, LLC 7 7.23% $5,184
Centennial Bank 6 7.00% $2,961
ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 6.64% $3,504
TEXAS TECH 4 7.28% $5,287
FLAT BRANCH MORTGAGE, INC. 4 6.84% $4,252
Mr. Cooper ( Nationstar Mortgage ) 3 7.16% $7,363
T2 FINANCIAL LLC 3 6.67% $4,125
Amarillo National Bank 3 6.21% $3,655
CARDINAL FINANCIAL 2 6.43% $8,258
City Bank 2 7.19% $3,909
Northpointe Bank 2 6.94% $6,433
Bank of America 2 6.19% $6,433
Alliance Credit Union 2 7.13% $12,538
THRIVE MORTGAGE, LLC 1 6.13% $4,925
CMG MORTGAGE, INC. 1 6.99% $10,367
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.49% $2,563
Flagstar Bank, FSB 1 7.13% $5,577
HOMEXPRESS MORTGAGE CORP. 1 10.50% $9,072
LOANDEPOT.COM, LLC 1 7.99% $6,282
NP, Inc. 1 8.88% $13,663
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.88% $4,988
Regions Bank 1 6.38% $8,760
The Huntington National Bank 1 6.50% $6,990
ADVANCIAL 1 6.88% $5,112

Plainview Average Closing Costs & Other Stats

Plainview, TX's 25 lenders originated 239 loans during 2023. The total origination value was $36,235,000, with an average loan value of $151,611.

Plainview's average closing costs are $4,568.

The top Plainview lender as defined by loan originations is Prosperity Bank, with 47 loans originated. Their average total fees are $3,551, which is $1,633 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Plainview lenders (with over 10 loans originated) are Prosperity Bank ($3,551), .

The lowest rate Plainview lenders (with over 10 loans originated) are Prosperity Bank (6.77%), .

Plainview, 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
Prosperity Bank $17,350,000 $10,905,000 -37.1% 30.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $4,190,000 $2,000,000 -52.3% 5.5%
TEXAS TECH $1,510,000 $1,365,000 -9.6% 3.8%
Mortgage Research Center, LLC $450,000 $1,220,000 171.1% 3.4%
Amarillo National Bank $1,075,000 $1,200,000 11.6% 3.3%
QUICKEN LOANS, LLC $2,590,000 $1,165,000 -55.0% 3.2%
CARDINAL FINANCIAL $1,285,000 $1,145,000 -10.9% 3.2%
Alliance Credit Union $915,000 $1,065,000 16.4% 2.9%
CMG MORTGAGE, INC. $360,000 $1,065,000 195.8% 2.9%
FLAT BRANCH MORTGAGE, INC. $810,000 $1,040,000 28.4% 2.9%
LOANDEPOT.COM, LLC $720,000 $1,005,000 39.6% 2.8%
City Bank $1,495,000 $710,000 -52.5% 2.0%
Centennial Bank $1,755,000 $680,000 -61.3% 1.9%
The Huntington National Bank $645,000 n/a 1.8%
Bank of America $610,000 n/a 1.7%
T2 FINANCIAL LLC $505,000 n/a 1.4%
FREEDOM MORTGAGE CORPORATION $550,000 $490,000 -10.9% 1.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $55,000 $455,000 727.3% 1.3%
Regions Bank $425,000 n/a 1.2%
Mr. Cooper ( Nationstar Mortgage ) $435,000 $420,000 -3.4% 1.2%
AMCAP MORTGAGE, LTD. $155,000 $370,000 138.7% 1.0%
NP, Inc. $365,000 n/a 1.0%
ROYAL UNITED MORTGAGE LLC $85,000 $365,000 329.4% 1.0%
NAVY FEDERAL CREDIT UNION $310,000 n/a 0.9%
Northpointe Bank $300,000 n/a 0.8%
PENNYMAC LOAN SERVICES, LLC $575,000 $295,000 -48.7% 0.8%
EMBRACE HOME LOANS, INC. $285,000 n/a 0.8%
PRIMELENDING, A PLAINSCAPITAL COMPANY $285,000 n/a 0.8%
ADVANCIAL $275,000 n/a 0.8%
COUNTRYPLACE MORTGAGE, LTD. $270,000 n/a 0.7%
American State Bank $150,000 $235,000 56.7% 0.6%
SOUTHWEST STAGE FUNDING, LLC $235,000 n/a 0.6%
HOMETRUST MORTGAGE COMPANY $205,000 $220,000 7.3% 0.6%
MOVEMENT MORTGAGE, LLC $215,000 n/a 0.6%
Bank of England $205,000 n/a 0.6%
First United Bank $85,000 $205,000 141.2% 0.6%
Community National Bank $95,000 $190,000 100.0% 0.5%
HOMEXPRESS MORTGAGE CORP. $175,000 n/a 0.5%
PENTAGON FEDERAL CREDIT UNION $175,000 n/a 0.5%
AMERICAN FINANCIAL NETWORK, INC. $155,000 n/a 0.4%
GUILD MORTGAGE COMPANY $155,000 n/a 0.4%
United Fidelity Funding Corp. $155,000 n/a 0.4%
MORTGAGE SOLUTIONS OF COLORADO, LLC $95,000 $150,000 57.9% 0.4%
Flagstar Bank, FSB $320,000 $145,000 -54.7% 0.4%
MANN FINANCIAL INC. $145,000 n/a 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $85,000 $145,000 70.6% 0.4%
AMWEST FUNDING CORP. $135,000 n/a 0.4%
Equity Prime Mortgage LLC $135,000 n/a 0.4%
SUCCESS MORTGAGE PARTNERS, INC. $135,000 n/a 0.4%
MORTGAGE FINANCIAL SERVICES, LLC $125,000 n/a 0.3%
Wells Fargo Bank $700,000 $115,000 -83.6% 0.3%
LIBERTYONE Credit Union $105,000 n/a 0.3%
Western Bank $55,000 $105,000 90.9% 0.3%
EUSTIS AND AMERICAN MORTGAGE COMPANY $75,000 n/a 0.2%
LOANPAL, LLC $75,000 n/a 0.2%
Servion, Inc. $75,000 n/a 0.2%
THRIVE MORTGAGE, LLC $95,000 $75,000 -21.1% 0.2%
SPRING EQ, LLC $65,000 n/a 0.2%
Credit Union of Texas $55,000 n/a 0.2%
SWBC MORTGAGE CORPORATION $45,000 n/a 0.1%

Plainview's top lender by overall market share is Prosperity Bank, with 30.1% market share. In second place, with 5.5%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $2,000,000 in loans. In third place, with 3.8%, is TEXAS TECH, having originated $1,365,000 in loans. In fourth place, with 3.4%, is Mortgage Research Center, LLC, having originated $1,220,000 in loans. In fifth place, with 3.3%, is Amarillo National Bank, having originated $1,200,000 in loans.


Plainview Housing Market Trends (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 $115,450 (6.0%) $144,417 (11.8%) 0.00 114
2018-02-01 $121,000 (7.8%) $145,441 (8.8%) 0.00 120
2018-03-01 $130,000 (11.6%) $154,471 (8.2%) 0.00 112
2018-04-01 $133,750 (11.6%) $160,309 (6.4%) 0.00 102
2018-05-01 $132,000 (12.3%) $153,634 (1.0%) 0.00 106
2018-06-01 $144,450 (31.3%) $156,210 (8.7%) 0.00 111
2018-07-01 $134,750 (22.5%) $158,240 (14.8%) 0.00 125
2018-08-01 $130,000 (18.2%) $159,781 (16.3%) 0.00 119
2018-09-01 $125,000 (4.4%) $159,579 (14.6%) 0.00 121
2018-10-01 $119,950 (-2.1%) $160,157 (10.5%) 0.00 117
2018-11-01 $120,000 (4.0%) $157,462 (7.7%) 0.00 126
2018-12-01 $124,500 (8.0%) $158,956 (7.7%) 0.00 120
2019-01-01 $115,725 (0.2%) $154,559 (7.0%) 0.00 112
2019-02-01 $119,425 (-1.3%) $157,945 (8.6%) 0.00 109
2019-03-01 $125,143 (-3.7%) $163,038 (5.6%) 0.00 107
2019-04-01 $131,143 (-2.0%) $163,956 (2.3%) 0.00 108
2019-05-01 $128,250 (-2.8%) $161,738 (5.3%) 0.00 102
2019-06-01 $129,950 (-10.0%) $162,080 (3.8%) 0.00 97
2019-07-01 $127,875 (-5.1%) $149,513 (-5.5%) 0.00 114
2019-08-01 $126,427 (-2.8%) $150,007 (-6.1%) 0.00 109
2019-09-01 $125,568 (0.5%) $151,990 (-4.8%) 0.00 104
2019-10-01 $122,450 (2.1%) $152,996 (-4.5%) 0.00 100
2019-11-01 $119,950 (0.0%) $149,943 (-4.8%) 0.00 106
2019-12-01 $128,475 (3.2%) $155,134 (-2.4%) 0.00 103
2020-01-01 $128,475 (11.0%) $150,295 (-2.8%) 0.00 96
2020-02-01 $124,900 (4.6%) $152,361 (-3.5%) 0.00 83
2020-03-01 $133,875 (7.0%) $171,592 (5.3%) 0.00 79
2020-04-01 $124,650 (-5.0%) $180,346 (10.0%) 0.00 75
2020-05-01 $139,000 (8.4%) $194,120 (20.0%) 0.00 68
2020-06-01 $140,550 (8.2%) $190,242 (17.4%) 0.00 68
2020-07-01 $133,475 (4.4%) $174,314 (16.6%) 0.00 63
2020-08-01 $132,200 (4.6%) $174,556 (16.4%) 0.00 72
2020-09-01 $136,750 (8.9%) $175,408 (15.4%) 0.00 66
2020-10-01 $135,500 (10.7%) $175,284 (14.6%) 0.00 56
2020-11-01 $138,825 (15.7%) $188,933 (26.0%) 0.00 43
2020-12-01 $141,225 (9.9%) $195,477 (26.0%) 0.00 47
2021-01-01 $133,750 (4.1%) $178,063 (18.5%) 0.00 45
2021-02-01 $132,350 (6.0%) $186,445 (22.4%) 0.00 37
2021-03-01 $113,975 (-14.9%) $187,032 (9.0%) 0.00 31
2021-04-01 $112,475 (-9.8%) $185,017 (2.6%) 0.00 34
2021-05-01 $109,750 (-21.0%) $233,363 (20.2%) 0.00 26
2021-06-01 $177,375 (26.2%) $236,337 (24.2%) 0.00 26
2021-07-01 $139,750 (4.7%) $237,411 (36.2%) 0.00 22
2021-08-01 $132,500 (0.2%) $179,672 (2.9%) 0.00 38
2021-09-01 $133,625 (-2.3%) $190,053 (8.4%) 0.00 38
2021-10-01 $112,500 (-17.0%) $194,446 (10.9%) 0.00 29
2021-11-01 $124,975 (-10.0%) $213,565 (13.0%) 0.00 28
2021-12-01 $153,725 (8.9%) $229,233 (17.3%) 0.00 31
2022-01-01 $132,450 (-1.0%) $210,605 (18.3%) 0.00 30
2022-02-01 $132,450 (0.1%) $205,049 (10.0%) 0.00 33
2022-03-01 $104,350 (-8.4%) $217,453 (16.3%) 0.00 24
2022-04-01 $150,000 (33.4%) $227,017 (22.7%) 0.00 25
2022-05-01 $145,850 (32.9%) $216,964 (-7.0%) 0.00 31
2022-06-01 $134,125 (-24.4%) $206,958 (-12.4%) 0.00 32
2022-07-01 $149,250 (6.8%) $185,557 (-21.8%) 0.00 40
2022-08-01 $123,000 (-7.2%) $180,400 (0.4%) 0.00 36
2022-09-01 $112,500 (-15.8%) $173,759 (-8.6%) 0.00 39
2022-10-01 $125,750 (11.8%) $196,925 (1.3%) 0.00 44
2022-11-01 $133,621 (6.9%) $203,915 (-4.5%) 0.00 42
2022-12-01 $147,000 (-4.4%) $210,439 (-8.2%) 0.00 43
2023-01-01 $143,000 (8.0%) $187,723 (-10.9%) 0.00 48
2023-02-01 $147,375 (11.3%) $202,334 (-1.3%) 0.00 49
2023-03-01 $159,950 (53.3%) $210,692 (-3.1%) 0.00 48
2023-04-01 $159,900 (6.6%) $239,082 (5.3%) 0.00 47
2023-05-01 $173,000 (18.6%) $241,945 (11.5%) 0.00 60
2023-06-01 $163,700 (22.1%) $223,261 (7.9%) 0.00 72
2023-07-01 $167,000 (11.9%) $223,824 (20.6%) 0.00 77
2023-08-01 $166,000 (35.0%) $216,283 (19.9%) 0.00 97
2023-09-01 $162,500 (44.4%) $223,902 (28.9%) 0.00 97
2023-10-01 $165,000 (31.2%) $228,614 (16.1%) 0.00 94
2023-11-01 $175,000 (31.0%) $254,013 (24.6%) 0.00 98
2023-12-01 $180,000 (22.5%) $252,377 (19.9%) 0.00 97
2024-01-01 $183,188 (28.1%) $258,282 (37.6%) 0.00 90
2024-02-01 $168,825 (14.6%) $250,136 (23.6%) 0.00 88
2024-03-01 $174,950 (9.4%) $241,170 (14.5%) 0.00 99
2024-04-01 $192,463 (20.4%) $255,052 (6.7%) 0.00 89
2024-05-01 $205,000 (18.5%) $265,869 (9.9%) 0.00 84
2024-06-01 $201,633 (23.2%) $267,363 (19.8%) 0.00 93
2024-07-01 $194,838 (16.7%) $251,723 (12.5%) 0.00 108
2024-08-01 $196,800 (18.6%) $252,481 (16.7%) 0.00 115
2024-09-01 $188,663 (16.1%) $238,822 (6.7%) 0.00 106
2024-10-01 $177,450 (7.6%) $229,177 (0.3%) 0.00 111
2024-11-01 $173,950 (-0.6%) $223,402 (-12.1%) 0.00 105
2024-12-01 $166,500 (-7.5%) $216,756 (-14.1%) 0.00 110
2025-01-01 $167,250 (-8.7%) $216,673 (-16.1%) 0.00 114
Plainview's median listing price for 2025-01-01 was $167,250, a difference of $-15,938 (-8.7%) versus the prior year and $750 versus the prior month.

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

Plainview's average listing price for 2025-01-01 was $216,673, a difference of $-41,609 (-16.1%) versus the prior year and $-83 versus the prior month.

For the 2025-01-01 period, Plainview had 114 MLS listings, a difference of 4 listings (4%) versus the prior month and 24 listings (27%) 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 1,807 sqft
2018-02-01 0 days 1,857 sqft
2018-03-01 0 days 1,954 sqft
2018-04-01 0 days 2,002 sqft
2018-05-01 0 days 1,997 sqft
2018-06-01 0 days 2,022 sqft
2018-07-01 0 days 2,001 sqft
2018-08-01 0 days 1,986 sqft
2018-09-01 0 days 1,959 sqft
2018-10-01 0 days 1,928 sqft
2018-11-01 0 days 1,943 sqft
2018-12-01 0 days 1,935 sqft
2019-01-01 0 days 1,936 sqft
2019-02-01 0 days 1,954 sqft
2019-03-01 0 days 1,977 sqft
2019-04-01 0 days 1,985 sqft
2019-05-01 0 days 1,960 sqft
2019-06-01 0 days 1,919 sqft
2019-07-01 0 days 1,899 sqft
2019-08-01 0 days 1,916 sqft
2019-09-01 0 days 1,943 sqft
2019-10-01 0 days 1,959 sqft
2019-11-01 0 days 1,921 sqft
2019-12-01 0 days 1,922 sqft
2020-01-01 0 days 1,941 sqft
2020-02-01 0 days 1,905 sqft
2020-03-01 0 days 1,971 sqft
2020-04-01 0 days 2,012 sqft
2020-05-01 0 days 2,091 sqft
2020-06-01 0 days 2,066 sqft
2020-07-01 0 days 2,046 sqft
2020-08-01 0 days 2,155 sqft
2020-09-01 0 days 2,144 sqft
2020-10-01 0 days 2,080 sqft
2020-11-01 0 days 1,940 sqft
2020-12-01 0 days 2,053 sqft
2021-01-01 0 days 1,990 sqft
2021-02-01 0 days 1,956 sqft
2021-03-01 0 days 2,012 sqft
2021-04-01 0 days 1,947 sqft
2021-05-01 0 days 1,639 sqft
2021-06-01 0 days 2,154 sqft
2021-07-01 0 days 1,744 sqft
2021-08-01 0 days 1,633 sqft
2021-09-01 0 days 1,742 sqft
2021-10-01 0 days 1,576 sqft
2021-11-01 0 days 1,631 sqft
2021-12-01 0 days 1,632 sqft
2022-01-01 0 days 1,631 sqft
2022-02-01 0 days 1,794 sqft
2022-03-01 0 days 1,666 sqft
2022-04-01 0 days 1,840 sqft
2022-05-01 0 days 1,938 sqft
2022-06-01 0 days 1,803 sqft
2022-07-01 0 days 1,902 sqft
2022-08-01 0 days 1,858 sqft
2022-09-01 0 days 1,801 sqft
2022-10-01 0 days 1,738 sqft
2022-11-01 0 days 1,747 sqft
2022-12-01 0 days 1,740 sqft
2023-01-01 0 days 1,669 sqft
2023-02-01 0 days 1,740 sqft
2023-03-01 0 days 1,865 sqft
2023-04-01 0 days 1,928 sqft
2023-05-01 0 days 1,813 sqft
2023-06-01 0 days 1,753 sqft
2023-07-01 0 days 1,889 sqft
2023-08-01 0 days 1,917 sqft
2023-09-01 0 days 1,868 sqft
2023-10-01 0 days 1,891 sqft
2023-11-01 0 days 1,826 sqft
2023-12-01 0 days 1,903 sqft
2024-01-01 0 days 1,917 sqft
2024-02-01 0 days 1,828 sqft
2024-03-01 0 days 1,895 sqft
2024-04-01 0 days 1,939 sqft
2024-05-01 0 days 2,009 sqft
2024-06-01 0 days 1,978 sqft
2024-07-01 0 days 1,955 sqft
2024-08-01 0 days 2,008 sqft
2024-09-01 0 days 1,959 sqft
2024-10-01 0 days 1,958 sqft
2024-11-01 0 days 1,941 sqft
2024-12-01 0 days 1,841 sqft
2025-01-01 0 days 1,892 sqft
Plainview's median listing age (time on market) for 2025-01-01 was 0 days.

Plainview's median square footage for active listings during the 2025-01-01 period was 1,892 sqft. One year prior, the average listing was 1,917 sqft.

Plainview, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 184 $30,390,000 $165,163
Cash Out Refi 21 $2,335,000 $111,190
Refi 19 $2,465,000 $129,737
Other 9 $695,000 $77,222
Home Improvement 6 $350,000 $58,333

Plainview's most frequently cited loan purpose was Home Purchase, with 184 originations. The 2nd most popular reason was Cash Out Refi, with 21 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 97 $16,375,000 $168,814
7-8% 69 $9,445,000 $136,884
5-6% 34 $6,320,000 $185,882
Over 8% 30 $3,560,000 $118,667
<2.5% 1 $5,000 $5,000
4-5% 1 $95,000 $95,000

During 2023, Plainview's most frequently originated rate bucket was 6-7%, with 97 originations.

Loan Sizing (Plainview, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 104 $15,730,000 $151,250
$100,000 or less 86 $5,780,000 $67,209
$200k-400k 41 $10,675,000 $260,366
$400k-600k 7 $3,405,000 $486,429
$600k-1000k 1 $645,000 $645,000

Plainview's loan sizing saw the bucket of loans from $100k-200k with 104 originations, totaling $15,730,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 144 $24,160,000 $167,778
60-80% 45 $7,435,000 $165,222
40-60% 26 $3,060,000 $117,692
20-40% 11 $745,000 $67,727
Under 20% 6 $120,000 $20,000
Over 100% 2 $290,000 $145,000

Plainview's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 144 originations, totaling $24,160,000 in origination value.