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 6.83% 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 6.55% and one month ago for the week of 2025-03-06, the average rate was 6.64%.

Plainview's average rate one year ago was 6.73%.

For refis of the same type during the week of 2025-04-10, the average rate was 6.52%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
Plainview 30 Year Fixed Rate 2025-04-10 6.83%
Plainview 30 Year Fixed Rate Refi 2025-04-10 6.52%
Plainview 15 Year Fixed Rate 2025-04-10 5.62%
Plainview 15 Year Fixed Rate Refi 2025-04-10 5.92%
Plainview 30 Year FHA 2025-04-10 6.43%
Plainview 30 Year FHA Refi 2025-04-10 6.53%
Plainview 30 Year USDA 2025-04-10 6.65%
Plainview 30 Year USDA Refi 2025-04-10 6.45%
Plainview 30 Year VA 2025-04-10 6.39%
Plainview 30 Year VA Refi 2025-04-10 6.49%
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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Prosperity Bank 16 6.41% $2,738
ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 6.67% $3,296
Alliance Credit Union 6 7.04% $5,551
T2 FINANCIAL LLC 5 6.92% $4,565
QUICKEN LOANS, LLC 5 7.48% $4,217
Centennial Bank 5 7.58% $4,444
JPMorgan Chase Bank 3 6.21% $3,510
TEXAS TECH 3 6.96% $4,151
FLAT BRANCH MORTGAGE, INC. 3 6.41% $3,505
Wells Fargo Bank 2 6.63% $4,708
CARDINAL FINANCIAL 2 6.12% $7,510
Carrington Mortgage Services, LLC 2 7.31% $4,783
FREEDOM MORTGAGE CORPORATION 2 7.94% $5,538
NEWREZ LLC 2 7.44% $5,579
PLANET HOME LENDING, LLC 2 6.31% $3,641
MORTGAGE FINANCIAL SERVICES, LLC 1 6.13% $6,180
U.S. Bank 1 7.13% $2,781
NexBank 1 5.63% $3,826
Access Community Credit Union 1 6.63% $3,776
PNC Bank 1 7.38% $3,139
CROSSCOUNTRY MORTGAGE, LLC 1 8.63% $9,325
BROKER SOLUTIONS, INC. 1 7.13% $5,641
AMERISAVE MORTGAGE CORPORATION 1 7.38% $7,833
Amarillo National Bank 1 6.63% $4,832
First United Bank 1 6.99% $5,907
TIB The Independent Bankersbank 1 5.88% $4,658
EVERETT FINANCIAL, INC. 1 7.25% $6,823

Plainview Average Closing Costs & Other Stats

Plainview, TX's 27 lenders originated 240 loans during 2024. The total origination value was $35,370,000, with an average loan value of $147,375.

Plainview's average closing costs are $4,698.

The top Plainview lender as defined by loan originations is Prosperity Bank, with 16 loans originated. Their average total fees are $2,738, which is $558 lower than the next largest lender, ARK-LA-TEX FINANCIAL SERVICES, LLC..

The lowest fee Plainview lenders (with over 10 loans originated) are Prosperity Bank ($2,738), .

The lowest rate Plainview lenders (with over 10 loans originated) are Prosperity Bank (6.41%), .

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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
Prosperity Bank $10,905,000 $7,270,000 -33.3% 20.6%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $2,000,000 $3,375,000 68.8% 9.5%
T2 FINANCIAL LLC $505,000 $1,890,000 274.3% 5.3%
Mortgage Research Center, LLC $1,220,000 $1,650,000 35.2% 4.7%
Alliance Credit Union $1,065,000 $1,525,000 43.2% 4.3%
TEXAS TECH $1,365,000 $1,160,000 -15.0% 3.3%
FLAT BRANCH MORTGAGE, INC. $1,040,000 $1,045,000 0.5% 3.0%
QUICKEN LOANS, LLC $1,165,000 $1,030,000 -11.6% 2.9%
Amarillo National Bank $1,200,000 $850,000 -29.2% 2.4%
CARDINAL FINANCIAL $1,145,000 $850,000 -25.8% 2.4%
FREEDOM MORTGAGE CORPORATION $490,000 $850,000 73.5% 2.4%
Centennial Bank $680,000 $780,000 14.7% 2.2%
City Bank $710,000 $550,000 -22.5% 1.6%
JPMorgan Chase Bank $495,000 n/a 1.4%
First United Bank $205,000 $455,000 122.0% 1.3%
AMERICAN FINANCIAL NETWORK, INC. $155,000 $410,000 164.5% 1.2%
UNITED WHOLESALE MORTGAGE, LLC $370,000 n/a 1.0%
NEWREZ LLC $360,000 n/a 1.0%
PENNYMAC LOAN SERVICES, LLC $295,000 $350,000 18.6% 1.0%
TIB The Independent Bankersbank $335,000 n/a 0.9%
EVERETT FINANCIAL, INC. $330,000 n/a 0.9%
Credence Funding Corporation $325,000 n/a 0.9%
MORTGAGE SOLUTIONS OF COLORADO, LLC $150,000 $320,000 113.3% 0.9%
Wells Fargo Bank $115,000 $290,000 152.2% 0.8%
Vista Bank $280,000 n/a 0.8%
DOMINION FINANCIAL SERVICES, LLC $275,000 n/a 0.8%
BROKER SOLUTIONS, INC. $270,000 n/a 0.8%
SOUTHWEST FUNDING, LP $225,000 n/a 0.6%
AMWEST FUNDING CORP. $135,000 $220,000 63.0% 0.6%
CROSSCOUNTRY MORTGAGE, LLC $220,000 n/a 0.6%
TRIAD FINANCIAL SERVICES, INC. $215,000 n/a 0.6%
Flagstar Bank, FSB $145,000 $210,000 44.8% 0.6%
PLANET HOME LENDING, LLC $210,000 n/a 0.6%
American National Bank & Trust $205,000 n/a 0.6%
NexBank $205,000 n/a 0.6%
AMERISAVE MORTGAGE CORPORATION $195,000 n/a 0.6%
GENEVA FINANCIAL, LLC $195,000 n/a 0.6%
LOANDEPOT.COM, LLC $1,005,000 $195,000 -80.6% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $455,000 $165,000 -63.7% 0.5%
MORTGAGE FINANCIAL SERVICES, LLC $125,000 $165,000 32.0% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $285,000 $165,000 -42.1% 0.5%
21ST MORTGAGE CORPORATION $160,000 n/a 0.5%
Bank of America $610,000 $155,000 -74.6% 0.4%
Carrington Mortgage Services, LLC $140,000 n/a 0.4%
SPRING EQ, LLC $65,000 $140,000 115.4% 0.4%
Equity Prime Mortgage LLC $135,000 $135,000 0.0% 0.4%
GUILD MORTGAGE COMPANY $155,000 $130,000 -16.1% 0.4%
PNC Bank $130,000 n/a 0.4%
SFMC, LP $125,000 n/a 0.4%
VILLAGE CAPITAL MORTGAGE $105,000 n/a 0.3%
FirstBank Southwest $95,000 n/a 0.3%
U.S. Bank $85,000 n/a 0.2%
First National Bank of Central Texas $75,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $365,000 $65,000 -82.2% 0.2%
AMERICAN FINANCING CORPORATION $55,000 n/a 0.2%
RANDOLPH-BROOKS $55,000 n/a 0.2%
Access Community Credit Union $45,000 n/a 0.1%
AMARILLO COMMUNITY $35,000 n/a 0.1%
First National Bank Texas $15,000 n/a 0.0%

Plainview's top lender by overall market share is Prosperity Bank, with 20.6% market share. In second place, with 9.5%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $3,375,000 in loans. In third place, with 5.3%, is T2 FINANCIAL LLC, having originated $1,890,000 in loans. In fourth place, with 4.7%, is Mortgage Research Center, LLC, having originated $1,650,000 in loans. In fifth place, with 4.3%, is Alliance Credit Union, having originated $1,525,000 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
2025-02-01 $163,875 (-2.9%) $210,611 (-15.8%) 0.00 123
2025-03-01 $165,000 (-5.7%) $215,942 (-10.5%) 0.00 138
Plainview's median listing price for 2025-03-01 was $165,000, a difference of $-9,950 (-5.7%) versus the prior year and $1,125 versus the prior month.

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

Plainview's average listing price for 2025-03-01 was $215,942, a difference of $-25,228 (-10.5%) versus the prior year and $5,331 versus the prior month.

For the 2025-03-01 period, Plainview had 138 MLS listings, a difference of 15 listings (12%) versus the prior month and 39 listings (39%) 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
2025-02-01 0 days 1,885 sqft
2025-03-01 0 days 1,896 sqft
Plainview's median listing age (time on market) for 2025-03-01 was 0 days.

Plainview's median square footage for active listings during the 2025-03-01 period was 1,896 sqft. One year prior, the average listing was 1,895 sqft.

Plainview, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 184 $28,810,000 $156,576
Refi 16 $2,850,000 $178,125
Cash Out Refi 15 $1,715,000 $114,333
Other 14 $1,290,000 $92,143
Home Improvement 11 $705,000 $64,091

Plainview's most frequently cited loan purpose was Home Purchase, with 184 originations. The 2nd most popular reason was Refi, with 16 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 106 $18,130,000 $171,038
7-8% 53 $7,815,000 $147,453
Over 8% 40 $3,260,000 $81,500
5-6% 32 $5,590,000 $174,688
<2.5% 2 $10,000 $5,000

During 2024, Plainview's most frequently originated rate bucket was 6-7%, with 106 originations.

Loan Sizing (Plainview, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 111 $16,415,000 $147,883
$100,000 or less 76 $4,630,000 $60,921
$200k-400k 49 $12,235,000 $249,694
$400k-600k 4 $2,090,000 $522,500

Plainview's loan sizing saw the bucket of loans from $100k-200k with 111 originations, totaling $16,415,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 132 $22,340,000 $169,242
60-80% 50 $7,180,000 $143,600
40-60% 19 $2,335,000 $122,895
20-40% 12 $880,000 $73,333
Under 20% 11 $215,000 $19,545
Over 100% 5 $1,475,000 $295,000

Plainview's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 132 originations, totaling $22,340,000 in origination value.