Snyder Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Snyder averaged 7% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.78% and one month ago for the week of 2024-03-14, the average rate was 6.64%.

    Snyder's average rate one year ago was 6.47%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.6%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Snyder 30 Year Fixed Rate 2024-04-18 7%
    Snyder 30 Year Fixed Rate Refi 2024-04-18 7.6%
    Snyder 15 Year Fixed Rate 2024-04-18 6.29%
    Snyder 15 Year Fixed Rate Refi 2024-04-18 6.39%
    Snyder 30 Year FHA 2024-04-18 6.76%
    Snyder 30 Year FHA Refi 2024-04-18 6.76%
    Snyder 30 Year USDA 2024-04-18 6.96%
    Snyder 30 Year USDA Refi 2024-04-18 6.96%
    Snyder 30 Year VA 2024-04-18 6.56%
    Snyder 30 Year VA Refi 2024-04-18 6.86%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Snyder, TX.

    Snyder 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 Snyder, 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
    MANN FINANCIAL INC. 6 7.15% $5,885
    QUICKEN LOANS, LLC 4 7.19% $4,761
    TEXAS TECH 3 6.33% $4,342
    CARDINAL FINANCIAL 2 6.56% $8,409
    LRS FINANCIAL NETWORK, INC. 2 7.13% $6,072
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.99% $4,497
    Jefferson Bank 2 6.38% $7,310
    DELMAR FINANCIAL COMPANY 1 6.25% $4,447
    EVERETT FINANCIAL, INC. 1 8.75% $2,593
    Ally Bank 1 6.00% $7,821
    INTERLINC MORTGAGE SERVICES, LLC 1 7.37% $9,571
    NAVY FEDERAL CREDIT UNION 1 5.88% $3,264
    Northpointe Bank 1 6.38% $2,883
    Prosperity Bank 1 6.00% $3,234
    PyraMax Bank, FSB 1 6.25% $3,135
    SHELL FEDERAL CREDIT UNION 1 5.50% $5,016
    GUILD MORTGAGE COMPANY 1 5.88% $5,628
    AMCAP MORTGAGE, LTD. 1 6.88% $7,862
    Austin Bank, Texas 1 6.70% $4,257
    Bank of America 1 7.75% $3,962
    Centennial Bank 1 5.63% $7,670
    CMG MORTGAGE, INC. 1 6.50% $3,756
    CONTOUR MORTGAGE CORPORATION 1 6.25% $6,651

    Snyder Average Closing Costs & Other Stats

    Snyder, TX's 23 lenders originated 149 loans during 2023. The total origination value was $22,275,000, with an average loan value of $149,497.

    Snyder's average closing costs are $5,676.

    The top Snyder lender as defined by loan originations is MANN FINANCIAL INC., with 6 loans originated. Their average total fees are $5,885, which is $1,124 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Snyder lenders (with over 10 loans originated) are .

    The lowest rate Snyder lenders (with over 10 loans originated) are .

    Snyder, 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
    MANN FINANCIAL INC. $2,135,000 n/a 9.6%
    Prosperity Bank $980,000 $1,480,000 51.0% 6.6%
    Jefferson Bank $1,595,000 $1,325,000 -16.9% 5.9%
    LOANDEPOT.COM, LLC $710,000 $1,310,000 84.5% 5.9%
    INTERLINC MORTGAGE SERVICES, LLC $2,110,000 $1,190,000 -43.6% 5.3%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $2,345,000 $880,000 -62.5% 4.0%
    CARDINAL FINANCIAL $1,820,000 $815,000 -55.2% 3.7%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,115,000 $740,000 -33.6% 3.3%
    Centennial Bank $685,000 $675,000 -1.5% 3.0%
    TEXAS TECH $695,000 $640,000 -7.9% 2.9%
    Mortgage Research Center, LLC $745,000 $605,000 -18.8% 2.7%
    21ST MORTGAGE CORPORATION $870,000 $455,000 -47.7% 2.0%
    LRS FINANCIAL NETWORK, INC. $2,000,000 $450,000 -77.5% 2.0%
    Bank of America $85,000 $415,000 388.2% 1.9%
    NAVY FEDERAL CREDIT UNION $395,000 n/a 1.8%
    COUNTRYPLACE MORTGAGE, LTD. $380,000 n/a 1.7%
    SOUTHWEST STAGE FUNDING, LLC $300,000 $370,000 23.3% 1.7%
    NFM, INC. $355,000 n/a 1.6%
    GUILD MORTGAGE COMPANY $360,000 $340,000 -5.6% 1.5%
    QUICKEN LOANS, LLC $1,715,000 $310,000 -81.9% 1.4%
    Austin Bank, Texas $295,000 n/a 1.3%
    EVERETT FINANCIAL, INC. $665,000 $270,000 -59.4% 1.2%
    SWBC MORTGAGE CORPORATION $245,000 n/a 1.1%
    BROKER SOLUTIONS, INC. $270,000 $240,000 -11.1% 1.1%
    CMG MORTGAGE, INC. $235,000 n/a 1.1%
    Amarillo National Bank $165,000 $230,000 39.4% 1.0%
    The Federal Savings Bank $225,000 n/a 1.0%
    West Texas National Bank $225,000 n/a 1.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $145,000 $210,000 44.8% 0.9%
    AMCAP MORTGAGE, LTD. $205,000 n/a 0.9%
    Ally Bank $175,000 n/a 0.8%
    DELMAR FINANCIAL COMPANY $175,000 n/a 0.8%
    PyraMax Bank, FSB $175,000 n/a 0.8%
    VANDERBILT MORTGAGE AND FINANCE, INC. $105,000 $175,000 66.7% 0.8%
    PNC Bank $55,000 $170,000 209.1% 0.8%
    Flagstar Bank, FSB $280,000 $165,000 -41.1% 0.7%
    Northpointe Bank $540,000 $155,000 -71.3% 0.7%
    SHELL FEDERAL CREDIT UNION $155,000 n/a 0.7%
    City Bank $495,000 $115,000 -76.8% 0.5%
    CONTOUR MORTGAGE CORPORATION $115,000 n/a 0.5%
    First Financial Bank $780,000 $110,000 -85.9% 0.5%
    CORNERSTONE HOME LENDING, INC. $510,000 $95,000 -81.4% 0.4%
    First United Bank $165,000 $95,000 -42.4% 0.4%
    American State Bank $85,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $445,000 $75,000 -83.1% 0.3%
    Gateway First Bank $285,000 $75,000 -73.7% 0.3%
    EECU $65,000 n/a 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $115,000 $45,000 -60.9% 0.2%
    GREATER TEXAS FEDERAL CREDIT UNION $195,000 $15,000 -92.3% 0.1%

    Snyder's top lender by overall market share is MANN FINANCIAL INC., with 9.6% market share. In second place, with 6.6%, is Prosperity Bank, having originated $1,480,000 in loans. In third place, with 5.9%, is Jefferson Bank, having originated $1,325,000 in loans. In fourth place, with 5.9%, is LOANDEPOT.COM, LLC, having originated $1,310,000 in loans. In fifth place, with 5.3%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $1,190,000 in loans.

    Snyder Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Snyder (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 $128,125 (-14.0%) $163,744 (-7.3%) 0.00 117
    2018-02-01 $127,125 (-15.0%) $167,737 (-6.6%) 0.00 118
    2018-03-01 $125,000 (-17.9%) $164,780 (-8.0%) 0.00 123
    2018-04-01 $126,575 (-15.1%) $164,001 (-8.0%) 0.00 126
    2018-05-01 $131,175 (-12.0%) $167,484 (-12.2%) 0.00 122
    2018-06-01 $139,000 (-6.2%) $172,388 (-7.3%) 0.00 121
    2018-07-01 $141,500 (6.8%) $168,574 (-4.4%) 0.00 121
    2018-08-01 $131,200 (1.3%) $161,728 (-6.8%) 0.00 127
    2018-09-01 $124,450 (-4.2%) $149,705 (-16.2%) 0.00 122
    2018-10-01 $125,000 (0.0%) $151,116 (-10.1%) 0.00 113
    2018-11-01 $124,000 (-2.7%) $335,364 (99.6%) 0.00 107
    2018-12-01 $123,500 (-1.2%) $359,232 (118.5%) 0.00 103
    2019-01-01 $120,625 (-5.9%) $382,329 (133.5%) 0.00 90
    2019-02-01 $113,500 (-10.7%) $393,322 (134.5%) 0.00 81
    2019-03-01 $106,857 (-14.5%) $379,672 (130.4%) 0.00 85
    2019-04-01 $102,856 (-18.7%) $343,383 (109.4%) 0.00 99
    2019-05-01 $115,500 (-12.0%) $334,229 (99.6%) 0.00 103
    2019-06-01 $125,000 (-10.1%) $329,701 (91.3%) 0.00 104
    2019-07-01 $125,000 (-11.7%) $318,988 (89.2%) 0.00 111
    2019-08-01 $126,145 (-3.9%) $192,918 (19.3%) 0.00 104
    2019-09-01 $122,689 (-1.4%) $162,952 (8.9%) 0.00 94
    2019-10-01 $122,884 (-1.7%) $142,368 (-5.8%) 0.00 87
    2019-11-01 $125,000 (0.8%) $135,719 (-59.5%) 0.00 81
    2019-12-01 $125,000 (1.2%) $132,756 (-63.0%) 0.00 80
    2020-01-01 $126,875 (5.2%) $140,748 (-63.2%) 0.00 73
    2020-02-01 $128,000 (12.8%) $139,533 (-64.5%) 0.00 69
    2020-03-01 $129,600 (21.3%) $145,630 (-61.6%) 0.00 74
    2020-04-01 $133,650 (29.9%) $153,577 (-55.3%) 0.00 81
    2020-05-01 $134,950 (16.8%) $146,599 (-56.1%) 0.00 71
    2020-06-01 $134,950 (8.0%) $147,282 (-55.3%) 0.00 67
    2020-07-01 $137,000 (9.6%) $148,962 (-53.3%) 0.00 63
    2020-08-01 $137,000 (8.6%) $157,137 (-18.6%) 0.00 51
    2020-09-01 $139,000 (13.3%) $164,944 (1.2%) 0.00 50
    2020-10-01 $140,000 (13.9%) $181,115 (27.2%) 0.00 50
    2020-11-01 $167,975 (34.4%) $187,457 (38.1%) 0.00 53
    2020-12-01 $152,475 (22.0%) $185,132 (39.5%) 0.00 54
    2021-01-01 $144,500 (13.9%) $173,355 (23.2%) 0.00 53
    2021-02-01 $144,475 (12.9%) $184,621 (32.3%) 0.00 39
    2021-03-01 $152,200 (17.4%) $201,090 (38.1%) 0.00 34
    2021-04-01 $140,500 (5.1%) $171,816 (11.9%) 0.00 33
    2021-05-01 $149,450 (10.7%) $174,051 (18.7%) 0.00 36
    2021-06-01 $133,500 (-1.1%) $172,217 (16.9%) 0.00 30
    2021-07-01 $130,000 (-5.1%) $162,049 (8.8%) 0.00 33
    2021-08-01 $151,000 (10.2%) $217,738 (38.6%) 0.00 34
    2021-09-01 $142,500 (2.5%) $209,623 (27.1%) 0.00 35
    2021-10-01 $168,500 (20.4%) $180,370 (-0.4%) 0.00 40
    2021-11-01 $143,750 (-14.4%) $180,395 (-3.8%) 0.00 48
    2021-12-01 $150,000 (-1.6%) $188,898 (2.0%) 0.00 47
    2022-01-01 $170,000 (17.7%) $197,722 (14.1%) 0.00 45
    2022-02-01 $149,000 (3.1%) $195,327 (5.8%) 0.00 46
    2022-03-01 $149,000 (-2.1%) $183,320 (-8.8%) 0.00 42
    2022-04-01 $156,000 (11.0%) $184,708 (7.5%) 0.00 45
    2022-05-01 $173,500 (16.1%) $196,718 (13.0%) 0.00 47
    2022-06-01 $183,500 (37.5%) $219,372 (27.4%) 0.00 49
    2022-07-01 $180,000 (38.5%) $225,137 (38.9%) 0.00 49
    2022-08-01 $170,000 (12.6%) $226,265 (3.9%) 0.00 49
    2022-09-01 $148,500 (4.2%) $205,038 (-2.2%) 0.00 50
    2022-10-01 $143,600 (-14.8%) $181,860 (0.8%) 0.00 44
    2022-11-01 $173,250 (20.5%) $190,660 (5.7%) 0.00 42
    2022-12-01 $165,000 (10.0%) $192,400 (1.9%) 0.00 37
    2023-01-01 $172,000 (1.2%) $206,200 (4.3%) 0.00 37
    2023-02-01 $160,000 (7.4%) $185,835 (-4.9%) 0.00 38
    2023-03-01 $189,000 (26.9%) $239,505 (30.7%) 0.00 40
    2023-04-01 $174,450 (11.8%) $239,481 (29.7%) 0.00 37
    2023-05-01 $148,500 (-14.4%) $220,801 (12.2%) 0.00 37
    2023-06-01 $147,110 (-19.8%) $209,505 (-4.5%) 0.00 38
    2023-07-01 $149,450 (-17.0%) $179,086 (-20.5%) 0.00 35
    2023-08-01 $145,325 (-14.5%) $179,284 (-20.8%) 0.00 34
    2023-09-01 $150,750 (1.5%) $182,627 (-10.9%) 0.00 39
    2023-10-01 $147,500 (2.7%) $175,560 (-3.5%) 0.00 44
    2023-11-01 $143,125 (-17.4%) $176,275 (-7.6%) 0.00 43
    2023-12-01 $142,000 (-13.9%) $179,623 (-6.6%) 0.00 35
    2024-01-01 $140,000 (-18.6%) $176,853 (-14.2%) 0.00 39
    2024-02-01 $141,000 (-11.9%) $175,109 (-5.8%) 0.00 44
    2024-03-01 $162,000 (-14.3%) $199,769 (-16.6%) 0.00 42
    Snyder's median listing price for 2024-03-01 was $162,000, a difference of $-27,000 (-14.3%) versus the prior year and $21,000 versus the prior month.

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

    Snyder's average listing price for 2024-03-01 was $199,769, a difference of $-39,736 (-16.6%) versus the prior year and $24,660 versus the prior month.

    For the 2024-03-01 period, Snyder had 42 MLS listings, a difference of -2 listings (-5%) versus the prior month and 2 listings (5%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Snyder (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,750 sqft
    2018-02-01 0 days 1,803 sqft
    2018-03-01 0 days 1,797 sqft
    2018-04-01 0 days 1,791 sqft
    2018-05-01 0 days 1,784 sqft
    2018-06-01 0 days 1,778 sqft
    2018-07-01 0 days 1,928 sqft
    2018-08-01 0 days 1,851 sqft
    2018-09-01 0 days 1,735 sqft
    2018-10-01 0 days 1,688 sqft
    2018-11-01 0 days 1,735 sqft
    2018-12-01 0 days 1,751 sqft
    2019-01-01 0 days 1,759 sqft
    2019-02-01 0 days 1,767 sqft
    2019-03-01 0 days 1,711 sqft
    2019-04-01 0 days 1,651 sqft
    2019-05-01 0 days 1,650 sqft
    2019-06-01 0 days 1,730 sqft
    2019-07-01 0 days 1,713 sqft
    2019-08-01 0 days 1,692 sqft
    2019-09-01 0 days 1,661 sqft
    2019-10-01 0 days 1,643 sqft
    2019-11-01 0 days 1,633 sqft
    2019-12-01 0 days 1,630 sqft
    2020-01-01 0 days 1,639 sqft
    2020-02-01 0 days 1,654 sqft
    2020-03-01 0 days 1,665 sqft
    2020-04-01 0 days 1,653 sqft
    2020-05-01 0 days 1,654 sqft
    2020-06-01 0 days 1,665 sqft
    2020-07-01 0 days 1,665 sqft
    2020-08-01 0 days 1,683 sqft
    2020-09-01 0 days 1,754 sqft
    2020-10-01 0 days 1,756 sqft
    2020-11-01 0 days 1,740 sqft
    2020-12-01 0 days 1,705 sqft
    2021-01-01 0 days 1,694 sqft
    2021-02-01 0 days 1,701 sqft
    2021-03-01 0 days 1,849 sqft
    2021-04-01 0 days 1,700 sqft
    2021-05-01 0 days 1,611 sqft
    2021-06-01 0 days 1,545 sqft
    2021-07-01 0 days 1,468 sqft
    2021-08-01 0 days 1,681 sqft
    2021-09-01 0 days 1,733 sqft
    2021-10-01 0 days 1,663 sqft
    2021-11-01 0 days 1,605 sqft
    2021-12-01 0 days 1,681 sqft
    2022-01-01 0 days 1,727 sqft
    2022-02-01 0 days 1,633 sqft
    2022-03-01 0 days 1,586 sqft
    2022-04-01 0 days 1,703 sqft
    2022-05-01 0 days 1,711 sqft
    2022-06-01 0 days 1,719 sqft
    2022-07-01 0 days 1,720 sqft
    2022-08-01 0 days 1,715 sqft
    2022-09-01 0 days 1,693 sqft
    2022-10-01 0 days 1,672 sqft
    2022-11-01 0 days 1,788 sqft
    2022-12-01 0 days 1,732 sqft
    2023-01-01 0 days 1,766 sqft
    2023-02-01 0 days 1,686 sqft
    2023-03-01 0 days 1,815 sqft
    2023-04-01 0 days 1,824 sqft
    2023-05-01 0 days 1,747 sqft
    2023-06-01 0 days 1,673 sqft
    2023-07-01 0 days 1,716 sqft
    2023-08-01 0 days 1,716 sqft
    2023-09-01 0 days 1,684 sqft
    2023-10-01 0 days 1,605 sqft
    2023-11-01 0 days 1,552 sqft
    2023-12-01 0 days 1,545 sqft
    2024-01-01 0 days 1,540 sqft
    2024-02-01 0 days 1,540 sqft
    2024-03-01 0 days 1,553 sqft
    Snyder's median listing age (time on market) for 2024-03-01 was 0 days.

    Snyder's median square footage for active listings during the 2024-03-01 period was 1,553 sqft. One year prior, the average listing was 1,815 sqft.

    Snyder, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 124 $20,390,000 $164,435
    Home Improvement 8 $540,000 $67,500
    Other 8 $500,000 $62,500
    Cash Out Refi 7 $665,000 $95,000
    Refi 2 $180,000 $90,000

    Snyder's most frequently cited loan purpose was Home Purchase, with 124 originations. The 2nd most popular reason was Home Improvement, with 8 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 66 $10,490,000 $158,939
    7-8% 35 $5,465,000 $156,143
    Over 8% 24 $2,530,000 $105,417
    5-6% 16 $3,120,000 $195,000
    2.5-3% 4 $350,000 $87,500
    <2.5% 2 $10,000 $5,000

    During 2023, Snyder's most frequently originated rate bucket was 6-7%, with 66 originations.

    Loan Sizing (Snyder, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 69 $10,335,000 $149,783
    $100,000 or less 48 $2,920,000 $60,833
    $200k-400k 27 $6,495,000 $240,556
    $400k-600k 4 $1,850,000 $462,500
    $600k-1000k 1 $675,000 $675,000

    Snyder's loan sizing saw the bucket of loans from $100k-200k with 69 originations, totaling $10,335,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 98 $16,710,000 $170,510
    60-80% 27 $3,685,000 $136,481
    Under 20% 8 $220,000 $27,500
    20-40% 5 $315,000 $63,000
    40-60% 5 $375,000 $75,000
    Over 100% 4 $660,000 $165,000

    Snyder's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 98 originations, totaling $16,710,000 in origination value.