Sweetwater 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 Sweetwater averaged 6.72% 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 6.74% and one month ago for the week of 2025-03-06, the average rate was 6.63%.

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

    For refis of the same type during the week of 2025-04-10, the average rate was 7.22%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Sweetwater 30 Year Fixed Rate 2025-04-10 6.72%
    Sweetwater 30 Year Fixed Rate Refi 2025-04-10 7.22%
    Sweetwater 15 Year Fixed Rate 2025-04-10 5.62%
    Sweetwater 15 Year Fixed Rate Refi 2025-04-10 5.72%
    Sweetwater 30 Year FHA 2025-04-10 6.33%
    Sweetwater 30 Year FHA Refi 2025-04-10 6.63%
    Sweetwater 30 Year USDA 2025-04-10 6.35%
    Sweetwater 30 Year USDA Refi 2025-04-10 6.25%
    Sweetwater 30 Year VA 2025-04-10 6.19%
    Sweetwater 30 Year VA Refi 2025-04-10 6.39%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Sweetwater, TX.

    Sweetwater 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 Sweetwater, 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
    First Financial Bank 8 7.36% $3,563
    GUARANTEED RATE, INC. 4 6.87% $4,680
    QUICKEN LOANS, LLC 3 7.16% $3,941
    UNITED WHOLESALE MORTGAGE, LLC 3 6.75% $5,680
    SWBC MORTGAGE CORPORATION 2 6.56% $1,904
    Century Mortgage Company DBA Century Lending Company 1 6.50% $4,317
    MORTGAGE FINANCIAL SERVICES, LLC 1 7.13% $5,080
    Mortgage Research Center, LLC 1 6.99% $2,768
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.50% $3,860
    Texas Mortgage Lending, LLC 1 6.13% $4,488
    HOMEXPRESS MORTGAGE CORP. 1 7.50% $9,497
    Citizens Bank 1 6.75% $3,559
    City Bank 1 7.13% $4,908
    GARDNER FINANCIAL SERVICES, LTD. 1 6.88% $11,788
    GUILD MORTGAGE COMPANY 1 6.50% $6,785

    Sweetwater Average Closing Costs & Other Stats

    Sweetwater, TX's 15 lenders originated 130 loans during 2024. The total origination value was $17,920,000, with an average loan value of $137,846.

    Sweetwater's average closing costs are $6,763.

    The top Sweetwater lender as defined by loan originations is First Financial Bank, with 8 loans originated. Their average total fees are $3,563, which is $1,118 lower than the next largest lender, GUARANTEED RATE, INC..

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

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

    Sweetwater, 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
    First Financial Bank $6,395,000 $3,735,000 -41.6% 20.8%
    GUARANTEED RATE, INC. $1,005,000 $1,920,000 91.0% 10.7%
    UNITED WHOLESALE MORTGAGE, LLC $750,000 $1,650,000 120.0% 9.2%
    SWBC MORTGAGE CORPORATION $470,000 $1,405,000 198.9% 7.8%
    QUICKEN LOANS, LLC $1,065,000 $865,000 -18.8% 4.8%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $920,000 $625,000 -32.1% 3.5%
    21ST MORTGAGE CORPORATION $900,000 $610,000 -32.2% 3.4%
    VILLAGE CAPITAL MORTGAGE $225,000 $410,000 82.2% 2.3%
    Century Mortgage Company DBA Century Lending Company $345,000 n/a 1.9%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $85,000 $345,000 305.9% 1.9%
    Mortgage Research Center, LLC $350,000 $340,000 -2.9% 1.9%
    GARDNER FINANCIAL SERVICES, LTD. $65,000 $315,000 384.6% 1.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $640,000 $310,000 -51.6% 1.7%
    Gateway First Bank $305,000 n/a 1.7%
    VANDERBILT MORTGAGE AND FINANCE, INC. $55,000 $305,000 454.5% 1.7%
    TRIAD FINANCIAL SERVICES, INC. $75,000 $285,000 280.0% 1.6%
    CORNERSTONE HOME LENDING, INC. $1,840,000 $260,000 -85.9% 1.5%
    CARDINAL FINANCIAL $800,000 $255,000 -68.1% 1.4%
    ROYAL UNITED MORTGAGE LLC $255,000 n/a 1.4%
    Texas Mortgage Lending, LLC $235,000 n/a 1.3%
    LOANDEPOT.COM, LLC $295,000 $230,000 -22.0% 1.3%
    JPMorgan Chase Bank $75,000 $215,000 186.7% 1.2%
    First Option Mortgage, LLC $210,000 n/a 1.2%
    Vista Bank $205,000 n/a 1.1%
    ABILENE TEACHERS Federal Credit Union $235,000 $200,000 -14.9% 1.1%
    HOMEXPRESS MORTGAGE CORP. $195,000 n/a 1.1%
    City Bank $75,000 $185,000 146.7% 1.0%
    TIB The Independent Bankersbank $185,000 n/a 1.0%
    ST FIN CORP $165,000 n/a 0.9%
    MID AMERICA MORTGAGE, INC. $150,000 n/a 0.8%
    FREEDOM MORTGAGE CORPORATION $145,000 n/a 0.8%
    MORTGAGE FINANCIAL SERVICES, LLC $390,000 $145,000 -62.8% 0.8%
    GUILD MORTGAGE COMPANY $135,000 n/a 0.8%
    Citizens Bank $395,000 $125,000 -68.4% 0.7%
    Citizens State Bank $115,000 n/a 0.6%
    COLEMAN COUNTY STATE BANK $85,000 n/a 0.5%
    PENNYMAC LOAN SERVICES, LLC $65,000 n/a 0.4%
    SECURITY SERVICE $65,000 n/a 0.4%
    Wells Fargo Bank $95,000 $65,000 -31.6% 0.4%
    Carrington Mortgage Services, LLC $175,000 $45,000 -74.3% 0.3%
    COMMUNITIES OF ABILENE FEDERAL CREDIT UNION $15,000 n/a 0.1%

    Sweetwater's top lender by overall market share is First Financial Bank, with 20.8% market share. In second place, with 10.7%, is GUARANTEED RATE, INC., having originated $1,920,000 in loans. In third place, with 9.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $1,650,000 in loans. In fourth place, with 7.8%, is SWBC MORTGAGE CORPORATION, having originated $1,405,000 in loans. In fifth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $865,000 in loans.

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

    Realtor.com - Sweetwater (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 $122,250 (7.8%) $152,034 (2.2%) 0.00 60
    2018-02-01 $121,250 (10.5%) $160,913 (9.8%) 0.00 57
    2018-03-01 $120,000 (9.3%) $159,393 (10.8%) 0.00 60
    2018-04-01 $104,950 (-4.6%) $167,390 (14.3%) 0.00 60
    2018-05-01 $113,375 (13.9%) $181,500 (31.0%) 0.00 69
    2018-06-01 $96,500 (-15.8%) $180,730 (34.2%) 0.00 70
    2018-07-01 $118,200 (-5.4%) $183,825 (28.1%) 0.00 69
    2018-08-01 $115,925 (-10.5%) $185,574 (31.3%) 0.00 68
    2018-09-01 $114,900 (-13.2%) $192,307 (34.2%) 0.00 68
    2018-10-01 $116,700 (-10.3%) $187,545 (27.8%) 0.00 69
    2018-11-01 $121,225 (-3.9%) $198,060 (40.3%) 0.00 55
    2018-12-01 $121,950 (6.1%) $202,626 (39.6%) 0.00 58
    2019-01-01 $123,900 (1.4%) $207,107 (36.2%) 0.00 56
    2019-02-01 $116,225 (-4.1%) $191,260 (18.9%) 0.00 56
    2019-03-01 $116,500 (-2.9%) $168,734 (5.9%) 0.00 56
    2019-04-01 $115,625 (10.2%) $138,848 (-17.1%) 0.00 60
    2019-05-01 $125,450 (10.7%) $134,122 (-26.1%) 0.00 59
    2019-06-01 $134,000 (38.9%) $146,921 (-18.7%) 0.00 52
    2019-07-01 $132,750 (12.3%) $141,177 (-23.2%) 0.00 55
    2019-08-01 $129,291 (11.5%) $134,715 (-27.4%) 0.00 55
    2019-09-01 $125,977 (9.6%) $129,700 (-32.6%) 0.00 53
    2019-10-01 $123,768 (6.1%) $130,703 (-30.3%) 0.00 51
    2019-11-01 $120,950 (-0.2%) $129,920 (-34.4%) 0.00 42
    2019-12-01 $119,775 (-1.8%) $135,743 (-33.0%) 0.00 39
    2020-01-01 $120,750 (-2.5%) $139,867 (-32.5%) 0.00 41
    2020-02-01 $130,500 (12.3%) $148,779 (-22.2%) 0.00 39
    2020-03-01 $132,850 (14.0%) $306,374 (81.6%) 0.00 40
    2020-04-01 $141,250 (22.2%) $307,875 (121.7%) 0.00 39
    2020-05-01 $148,250 (18.2%) $348,711 (160.0%) 0.00 34
    2020-06-01 $155,375 (16.0%) $360,841 (145.6%) 0.00 33
    2020-07-01 $147,625 (11.2%) $369,524 (161.7%) 0.00 33
    2020-08-01 $137,250 (6.2%) $327,192 (142.9%) 0.00 39
    2020-09-01 $136,125 (8.1%) $338,947 (161.3%) 0.00 38
    2020-10-01 $139,900 (13.0%) $342,628 (162.1%) 0.00 39
    2020-11-01 $149,675 (23.8%) $362,332 (178.9%) 0.00 36
    2020-12-01 $146,175 (22.0%) $367,629 (170.8%) 0.00 34
    2021-01-01 $144,500 (19.7%) $378,445 (170.6%) 0.00 32
    2021-02-01 $148,550 (13.8%) $194,480 (30.7%) 0.00 30
    2021-03-01 $119,081 (-10.4%) $171,328 (-44.1%) 0.00 26
    2021-04-01 $133,175 (-5.7%) $187,277 (-39.2%) 0.00 24
    2021-05-01 $129,900 (-12.4%) $153,660 (-55.9%) 0.00 31
    2021-06-01 $127,325 (-18.1%) $150,372 (-58.3%) 0.00 31
    2021-07-01 $149,900 (1.5%) $164,788 (-55.4%) 0.00 25
    2021-08-01 $149,975 (9.3%) $177,085 (-45.9%) 0.00 31
    2021-09-01 $155,000 (13.9%) $176,012 (-48.1%) 0.00 34
    2021-10-01 $161,450 (15.4%) $169,680 (-50.5%) 0.00 32
    2021-11-01 $140,500 (-6.1%) $150,227 (-58.5%) 0.00 26
    2021-12-01 $141,500 (-3.2%) $149,442 (-59.4%) 0.00 29
    2022-01-01 $136,250 (-5.7%) $153,533 (-59.4%) 0.00 28
    2022-02-01 $132,625 (-10.7%) $180,217 (-7.3%) 0.00 29
    2022-03-01 $125,100 (5.1%) $178,060 (3.9%) 0.00 31
    2022-04-01 $115,750 (-13.1%) $247,750 (32.3%) 0.00 31
    2022-05-01 $126,850 (-2.4%) $249,069 (62.1%) 0.00 33
    2022-06-01 $162,850 (27.9%) $249,754 (66.1%) 0.00 39
    2022-07-01 $111,950 (-25.3%) $219,227 (33.0%) 0.00 48
    2022-08-01 $166,624 (11.1%) $217,017 (22.6%) 0.00 48
    2022-09-01 $157,000 (1.3%) $219,083 (24.5%) 0.00 49
    2022-10-01 $152,450 (-5.6%) $209,073 (23.2%) 0.00 48
    2022-11-01 $135,750 (-3.4%) $199,337 (32.7%) 0.00 52
    2022-12-01 $149,900 (5.9%) $202,701 (35.6%) 0.00 53
    2023-01-01 $147,750 (8.4%) $205,257 (33.7%) 0.00 44
    2023-02-01 $141,500 (6.7%) $224,332 (24.5%) 0.00 48
    2023-03-01 $141,725 (13.3%) $242,037 (35.9%) 0.00 45
    2023-04-01 $115,000 (-0.7%) $219,844 (-11.3%) 0.00 47
    2023-05-01 $132,000 (4.1%) $213,885 (-14.1%) 0.00 52
    2023-06-01 $130,500 (-19.9%) $221,539 (-11.3%) 0.00 55
    2023-07-01 $125,000 (11.7%) $219,067 (-0.1%) 0.00 49
    2023-08-01 $149,700 (-10.2%) $237,964 (9.7%) 0.00 60
    2023-09-01 $149,000 (-5.1%) $240,500 (9.8%) 0.00 64
    2023-10-01 $151,750 (-0.5%) $233,589 (11.7%) 0.00 69
    2023-11-01 $162,500 (19.7%) $243,679 (22.3%) 0.00 69
    2023-12-01 $156,250 (4.2%) $244,497 (20.6%) 0.00 72
    2024-01-01 $139,250 (-5.8%) $213,359 (4.0%) 0.00 73
    2024-02-01 $135,225 (-4.4%) $191,517 (-14.6%) 0.00 72
    2024-03-01 $149,999 (5.8%) $204,983 (-15.3%) 0.00 71
    2024-04-01 $142,450 (23.9%) $219,153 (-0.3%) 0.00 76
    2024-05-01 $137,450 (4.1%) $210,487 (-1.6%) 0.00 77
    2024-06-01 $151,000 (15.7%) $209,014 (-5.7%) 0.00 76
    2024-07-01 $157,475 (26.0%) $199,650 (-8.9%) 0.00 83
    2024-08-01 $174,450 (16.5%) $204,222 (-14.2%) 0.00 79
    2024-09-01 $164,950 (10.7%) $215,267 (-10.5%) 0.00 80
    2024-10-01 $152,750 (0.7%) $240,362 (2.9%) 0.00 87
    2024-11-01 $145,000 (-10.8%) $236,585 (-2.9%) 0.00 97
    2024-12-01 $155,000 (-0.8%) $253,247 (3.6%) 0.00 96
    2025-01-01 $155,755 (11.9%) $237,524 (11.3%) 0.00 94
    2025-02-01 $171,250 (26.6%) $226,510 (18.3%) 0.00 84
    2025-03-01 $175,000 (16.7%) $243,897 (19.0%) 0.00 76
    Sweetwater's median listing price for 2025-03-01 was $175,000, a difference of $25,001 (16.7%) versus the prior year and $3,750 versus the prior month.

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

    Sweetwater's average listing price for 2025-03-01 was $243,897, a difference of $38,914 (19.0%) versus the prior year and $17,387 versus the prior month.

    For the 2025-03-01 period, Sweetwater had 76 MLS listings, a difference of -8 listings (-10%) versus the prior month and 5 listings (7%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sweetwater (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,892 sqft
    2018-02-01 0 days 1,784 sqft
    2018-03-01 0 days 1,775 sqft
    2018-04-01 0 days 1,723 sqft
    2018-05-01 0 days 1,752 sqft
    2018-06-01 0 days 1,716 sqft
    2018-07-01 0 days 1,686 sqft
    2018-08-01 0 days 1,704 sqft
    2018-09-01 0 days 1,715 sqft
    2018-10-01 0 days 1,732 sqft
    2018-11-01 0 days 1,727 sqft
    2018-12-01 0 days 1,732 sqft
    2019-01-01 0 days 1,762 sqft
    2019-02-01 0 days 1,762 sqft
    2019-03-01 0 days 1,776 sqft
    2019-04-01 0 days 1,788 sqft
    2019-05-01 0 days 1,820 sqft
    2019-06-01 0 days 1,855 sqft
    2019-07-01 0 days 1,937 sqft
    2019-08-01 0 days 1,879 sqft
    2019-09-01 0 days 1,840 sqft
    2019-10-01 0 days 1,799 sqft
    2019-11-01 0 days 1,800 sqft
    2019-12-01 0 days 1,812 sqft
    2020-01-01 0 days 1,797 sqft
    2020-02-01 0 days 1,788 sqft
    2020-03-01 0 days 1,860 sqft
    2020-04-01 0 days 2,047 sqft
    2020-05-01 0 days 2,078 sqft
    2020-06-01 0 days 2,317 sqft
    2020-07-01 0 days 2,289 sqft
    2020-08-01 0 days 2,295 sqft
    2020-09-01 0 days 2,377 sqft
    2020-10-01 0 days 2,368 sqft
    2020-11-01 0 days 2,355 sqft
    2020-12-01 0 days 2,185 sqft
    2021-01-01 0 days 2,287 sqft
    2021-02-01 0 days 1,997 sqft
    2021-03-01 0 days 1,693 sqft
    2021-04-01 0 days 1,853 sqft
    2021-05-01 0 days 1,667 sqft
    2021-06-01 0 days 1,662 sqft
    2021-07-01 0 days 1,822 sqft
    2021-08-01 0 days 1,899 sqft
    2021-09-01 0 days 1,859 sqft
    2021-10-01 0 days 1,845 sqft
    2021-11-01 0 days 1,902 sqft
    2021-12-01 0 days 1,920 sqft
    2022-01-01 0 days 1,913 sqft
    2022-02-01 0 days 1,902 sqft
    2022-03-01 0 days 1,815 sqft
    2022-04-01 0 days 1,513 sqft
    2022-05-01 0 days 1,630 sqft
    2022-06-01 0 days 1,593 sqft
    2022-07-01 0 days 1,520 sqft
    2022-08-01 0 days 1,614 sqft
    2022-09-01 0 days 1,639 sqft
    2022-10-01 0 days 1,644 sqft
    2022-11-01 0 days 1,654 sqft
    2022-12-01 0 days 1,716 sqft
    2023-01-01 0 days 1,654 sqft
    2023-02-01 0 days 1,613 sqft
    2023-03-01 0 days 1,532 sqft
    2023-04-01 0 days 1,508 sqft
    2023-05-01 0 days 1,404 sqft
    2023-06-01 0 days 1,613 sqft
    2023-07-01 0 days 1,659 sqft
    2023-08-01 0 days 1,652 sqft
    2023-09-01 0 days 1,673 sqft
    2023-10-01 0 days 1,784 sqft
    2023-11-01 0 days 1,893 sqft
    2023-12-01 0 days 1,966 sqft
    2024-01-01 0 days 1,733 sqft
    2024-02-01 0 days 1,761 sqft
    2024-03-01 0 days 1,833 sqft
    2024-04-01 0 days 1,869 sqft
    2024-05-01 0 days 1,896 sqft
    2024-06-01 0 days 1,863 sqft
    2024-07-01 0 days 1,800 sqft
    2024-08-01 0 days 1,790 sqft
    2024-09-01 0 days 1,798 sqft
    2024-10-01 0 days 1,791 sqft
    2024-11-01 0 days 1,796 sqft
    2024-12-01 0 days 1,789 sqft
    2025-01-01 0 days 1,786 sqft
    2025-02-01 0 days 1,808 sqft
    2025-03-01 0 days 1,815 sqft
    Sweetwater's median listing age (time on market) for 2025-03-01 was 0 days.

    Sweetwater's median square footage for active listings during the 2025-03-01 period was 1,815 sqft. One year prior, the average listing was 1,833 sqft.

    Sweetwater, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 92 $13,920,000 $151,304
    Cash Out Refi 13 $1,275,000 $98,077
    Other 9 $935,000 $103,889
    Refi 9 $1,195,000 $132,778
    Home Improvement 7 $595,000 $85,000

    Sweetwater's most frequently cited loan purpose was Home Purchase, with 92 originations. The 2nd most popular reason was Cash Out Refi, with 13 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 48 $8,350,000 $173,958
    7-8% 45 $5,605,000 $124,556
    Over 8% 24 $2,500,000 $104,167
    5-6% 6 $940,000 $156,667
    <2.5% 2 $10,000 $5,000
    4-5% 2 $110,000 $55,000

    During 2024, Sweetwater's most frequently originated rate bucket was 6-7%, with 48 originations.

    Loan Sizing (Sweetwater, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 57 $3,545,000 $62,193
    $100k-200k 46 $6,570,000 $142,826
    $200k-400k 25 $6,795,000 $271,800
    $400k-600k 2 $1,010,000 $505,000

    Sweetwater's loan sizing saw the bucket of loans from $100,000 or less with 57 originations, totaling $3,545,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 75 $11,815,000 $157,533
    60-80% 19 $3,155,000 $166,053
    Under 20% 12 $330,000 $27,500
    20-40% 11 $665,000 $60,455
    40-60% 4 $490,000 $122,500
    Over 100% 2 $440,000 $220,000

    Sweetwater's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 75 originations, totaling $11,815,000 in origination value.