Rexburg Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Rexburg averaged
6.78%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.78% and
one month ago for the week of 2025-05-29, the
average rate was 6.7%.
Rexburg's average rate one year ago was 6.67%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.77%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Rexburg 30 Year Fixed Rate | 2025-07-03 | 6.78% |
| Rexburg 30 Year Fixed Rate Refi | 2025-07-03 | 6.77% |
| Rexburg 15 Year Fixed Rate | 2025-07-03 | 5.7% |
| Rexburg 15 Year Fixed Rate Refi | 2025-07-03 | 5.7% |
| Rexburg 30 Year FHA | 2025-07-03 | -0.34% |
| Rexburg 30 Year FHA Refi | 2025-07-03 | -0.2% |
| Rexburg 30 Year USDA | 2025-07-03 | -0.2% |
| Rexburg 30 Year USDA Refi | 2025-07-03 | 0.2% |
| Rexburg 30 Year VA | 2025-07-03 | 0% |
| Rexburg 30 Year VA Refi | 2025-07-03 | 0.2% |
Rexburg 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 Rexburg, ID 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.).
Rexburg Average Closing Costs & Other Stats
Rexburg, ID's 64 lenders originated 940
loans during 2024. The total origination value was $267,340,000, with an average loan value of
$284,404.
Rexburg's average closing costs are $6,718.
The top Rexburg lender as defined by loan originations is IDAHO CENTRAL, with
56 loans originated. Their average total fees are
$7,208, which is $1,705
lower than the next largest lender,
CANOPY MORTGAGE, LLC.
The lowest fee Rexburg lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($6,443), IDAHO CENTRAL ($7,208), Eagle Bank and Trust Company ($7,768), UNITED WHOLESALE MORTGAGE, LLC ($7,977) and CANOPY MORTGAGE, LLC ($8,913).
The lowest rate Rexburg lenders (with over 10 loans originated) are
BEEHIVE (6.32%), Zions Bank (6.38%), IDAHO CENTRAL (6.55%), FIRST COLONY MORTGAGE CORPORATION (6.63%) and Eagle Bank and Trust Company (6.71%).
Rexburg, ID 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 |
|---|---|---|---|---|
| IDAHO CENTRAL | $37,185,000 | $45,915,000 | 23.5% | 17.2% |
| BEEHIVE | $30,885,000 | $22,455,000 | -27.3% | 8.4% |
| MOUNTAIN AMERICA | $12,690,000 | $18,870,000 | 48.7% | 7.1% |
| CANOPY MORTGAGE, LLC | $14,155,000 | $14,720,000 | 4.0% | 5.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,975,000 | $12,045,000 | 20.8% | 4.5% |
| Zions Bank | $9,850,000 | $9,435,000 | -4.2% | 3.5% |
| QUICKEN LOANS, LLC | $7,210,000 | $9,395,000 | 30.3% | 3.5% |
| Glacier Bank | $4,070,000 | $8,980,000 | 120.6% | 3.4% |
| CHURCHILL MORTGAGE CORPORATION | $3,300,000 | $6,605,000 | 100.2% | 2.5% |
| FIRST COLONY MORTGAGE CORPORATION | $4,860,000 | $6,590,000 | 35.6% | 2.5% |
| Eagle Bank and Trust Company | $2,915,000 | $6,325,000 | 117.0% | 2.4% |
| D. L. Evans Bank | $5,425,000 | $5,885,000 | 8.5% | 2.2% |
| S1L, Inc. | $2,270,000 | $4,830,000 | 112.8% | 1.8% |
| The Bank of Commerce | $3,900,000 | $4,595,000 | 17.8% | 1.7% |
| GUILD MORTGAGE COMPANY | $1,615,000 | $3,910,000 | 142.1% | 1.5% |
| SUMMIT FUNDING, INC. | $1,515,000 | $3,700,000 | 144.2% | 1.4% |
| U.S. Bank | $5,645,000 | $3,605,000 | -36.1% | 1.3% |
| GOLDENWEST | $1,460,000 | $3,525,000 | 141.4% | 1.3% |
| DEEPHAVEN MORTGAGE LLC | $3,300,000 | n/a | 1.2% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,980,000 | $3,275,000 | 65.4% | 1.2% |
| SECURITYNATIONAL MORTGAGE COMPANY | $2,000,000 | $3,185,000 | 59.3% | 1.2% |
| VERITAS FUNDING, LLC | $1,780,000 | $2,875,000 | 61.5% | 1.1% |
| Century Mortgage Company DBA Century Lending Company | $920,000 | $2,800,000 | 204.3% | 1.0% |
| EAST IDAHO Credit Union | $2,085,000 | $2,040,000 | -2.2% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,670,000 | $2,025,000 | 21.3% | 0.8% |
| KeyBank | $2,615,000 | $2,010,000 | -23.1% | 0.8% |
| Bank of Idaho | $4,745,000 | $1,755,000 | -63.0% | 0.7% |
| The Loan Store, Inc. | $1,750,000 | n/a | 0.7% | |
| WESTMARK Credit Union | $580,000 | $1,710,000 | 194.8% | 0.6% |
| MOVEMENT MORTGAGE, LLC | $1,865,000 | $1,695,000 | -9.1% | 0.6% |
| AMERICA FIRST | $1,515,000 | $1,615,000 | 6.6% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $140,000 | $1,525,000 | 989.3% | 0.6% |
| Guaranty Bank & Trust, N.A. | $1,505,000 | n/a | 0.6% | |
| BELEM SERVICING LLC | $155,000 | $1,465,000 | 845.2% | 0.5% |
| Mortgage Research Center, LLC | $1,030,000 | $1,450,000 | 40.8% | 0.5% |
| CMG MORTGAGE, INC. | $1,420,000 | n/a | 0.5% | |
| INTERCAP LENDING INC. | $1,125,000 | $1,410,000 | 25.3% | 0.5% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $480,000 | $1,265,000 | 163.5% | 0.5% |
| CAPITAL EDUCATORS FEDERAL CREDIT UNION | $2,040,000 | $1,205,000 | -40.9% | 0.5% |
| First Federal Savings Bank of Twin Falls | $1,200,000 | n/a | 0.4% | |
| OAKTREE FUNDING CORP. | $1,085,000 | n/a | 0.4% | |
| LAKEVIEW LOAN SERVICING, LLC | $910,000 | n/a | 0.3% | |
| Flagstar Bank, FSB | $3,730,000 | $895,000 | -76.0% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $205,000 | $875,000 | 326.8% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $930,000 | $845,000 | -9.1% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $840,000 | n/a | 0.3% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $325,000 | $830,000 | 155.4% | 0.3% |
| NEWREZ LLC | $155,000 | $810,000 | 422.6% | 0.3% |
| Equity Prime Mortgage LLC | $305,000 | $800,000 | 162.3% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $765,000 | n/a | 0.3% | |
| Sierra Pacific Mortgage Company, Inc. | $745,000 | n/a | 0.3% | |
| Gateway First Bank | $1,080,000 | $740,000 | -31.5% | 0.3% |
| CALCON MUTUAL MORTGAGE LLC | $325,000 | $735,000 | 126.2% | 0.3% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $735,000 | n/a | 0.3% | |
| PLAZA HOME MORTGAGE, INC. | $725,000 | $720,000 | -0.7% | 0.3% |
| The Central Trust Bank | $705,000 | n/a | 0.3% | |
| Cornerstone First Mortgage, Inc | $680,000 | n/a | 0.3% | |
| CONNECTIONS | $675,000 | n/a | 0.3% | |
| Farmers Bank & Trust | $675,000 | n/a | 0.3% | |
| Utah Power | $885,000 | $665,000 | -24.9% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,820,000 | $610,000 | -66.5% | 0.2% |
| NEW DAY FINANCIAL, LLC | $365,000 | $565,000 | 54.8% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $560,000 | n/a | 0.2% | |
| ADVANTAGE PLUS | $245,000 | $555,000 | 126.5% | 0.2% |
| Deseret First Credit Union | $820,000 | $550,000 | -32.9% | 0.2% |
| LOANDEPOT.COM, LLC | $1,485,000 | $530,000 | -64.3% | 0.2% |
| BETTER MORTGAGE CORPORATION | $515,000 | n/a | 0.2% | |
| Morgan Stanley Private Bank | $525,000 | $515,000 | -1.9% | 0.2% |
| Goldwater Bank, N.A. | $470,000 | n/a | 0.2% | |
| MY MOVE MORTGAGE, LLC | $470,000 | n/a | 0.2% | |
| VAN DYK MORTGAGE CORPORATION | $600,000 | $455,000 | -24.2% | 0.2% |
| 21ST MORTGAGE CORPORATION | $270,000 | $435,000 | 61.1% | 0.2% |
| Sunflower Bank | $425,000 | n/a | 0.2% | |
| First Savings Bank | $415,000 | n/a | 0.2% | |
| BROKER SOLUTIONS, INC. | $895,000 | $365,000 | -59.2% | 0.1% |
| PHH Mortgage Corporation | $205,000 | $365,000 | 78.0% | 0.1% |
| The Federal Savings Bank | $685,000 | $365,000 | -46.7% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $335,000 | $345,000 | 3.0% | 0.1% |
| AMWEST FUNDING CORP. | $435,000 | $335,000 | -23.0% | 0.1% |
| First Federal Bank | $205,000 | $325,000 | 58.5% | 0.1% |
| Bank of England | $445,000 | $315,000 | -29.2% | 0.1% |
| First Western Trust Bank | $310,000 | n/a | 0.1% | |
| Discover Bank | $375,000 | $305,000 | -18.7% | 0.1% |
| ENVOY MORTGAGE, LTD | $175,000 | $305,000 | 74.3% | 0.1% |
| Idaho First Bank | $305,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $120,000 | $280,000 | 133.3% | 0.1% |
| Community First National Bank | $245,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $235,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $245,000 | $235,000 | -4.1% | 0.1% |
| CASTLE & COOKE MORTGAGE, LLC | $645,000 | $215,000 | -66.7% | 0.1% |
| Washington Federal Bank | $760,000 | $215,000 | -71.7% | 0.1% |
| Citizens Bank | $265,000 | $205,000 | -22.6% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $200,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $195,000 | n/a | 0.1% | |
| JPMorgan Chase Bank | $1,070,000 | $175,000 | -83.6% | 0.1% |
| ESB Financial | $155,000 | n/a | 0.1% | |
| Magnolia Bank | $245,000 | $110,000 | -55.1% | 0.0% |
| First Interstate Bank | $105,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $105,000 | n/a | 0.0% | |
| Figure Lending LLC | $95,000 | $55,000 | -42.1% | 0.0% |
| GEORGIA'S OWN | $55,000 | n/a | 0.0% | |
| Wells Fargo Bank | $22,095,000 | $45,000 | -99.8% | 0.0% |
Rexburg's top lender by overall market share is IDAHO CENTRAL, with 17.2% market share. In second place, with 8.4%, is BEEHIVE, having originated $22,455,000 in loans. In third place, with 7.1%, is MOUNTAIN AMERICA, having originated $18,870,000 in loans. In fourth place, with 5.5%, is CANOPY MORTGAGE, LLC, having originated $14,720,000 in loans. In fifth place, with 4.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $12,045,000 in loans.
Rexburg, ID Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 436 | $160,870,000 | $368,968 |
| Other | 163 | $20,265,000 | $124,325 |
| Refi | 127 | $45,725,000 | $360,039 |
| Cash Out Refi | 126 | $27,880,000 | $221,270 |
| Home Improvement | 88 | $12,600,000 | $143,182 |
Rexburg's most frequently cited loan purpose was Home Purchase, with 436 originations. The 2nd most popular reason was Other, with 163 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 313 | $112,395,000 | $359,089 |
| Over 8% | 267 | $34,495,000 | $129,195 |
| 7-8% | 200 | $65,640,000 | $328,200 |
| 5-6% | 126 | $41,910,000 | $332,619 |
| 4-5% | 8 | $2,110,000 | $263,750 |
| <2.5% | 1 | $155,000 | $155,000 |
| 2.5-3% | 1 | $205,000 | $205,000 |
During 2024, Rexburg's most frequently originated rate bucket was 6-7%, with 313 originations.
Loan Sizing (Rexburg, ID MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 370 | $108,540,000 | $293,351 |
| $100,000 or less | 203 | $10,835,000 | $53,374 |
| $100k-200k | 195 | $27,855,000 | $142,846 |
| $400k-600k | 106 | $50,510,000 | $476,509 |
| $600k-1000k | 44 | $33,190,000 | $754,318 |
| $Over $1MM | 22 | $36,410,000 | $1,655,000 |
Rexburg's loan sizing saw the bucket of loans from $200k-400k with 370 originations, totaling $108,540,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 269 | $101,115,000 | $375,892 |
| 60-80% | 195 | $75,025,000 | $384,744 |
| Under 20% | 177 | $12,185,000 | $68,842 |
| 20-40% | 170 | $29,870,000 | $175,706 |
| 40-60% | 96 | $35,640,000 | $371,250 |
| Over 100% | 6 | $2,380,000 | $396,667 |
Rexburg's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 269 originations, totaling $101,115,000 in origination value.