Vicksburg Mortgage Rates

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

30 Year Fixed Rate mortgages in Vicksburg averaged 5.76% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 5.73% and one month ago for the week of 2022-05-19, the average rate was 5.4%.

Vicksburg's average rate one year ago was 3.25%.

For refis of the same type during the week of 2022-06-23, the average rate was 6.28%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Vicksburg 30 Year Fixed Rate 2022-06-23 5.76%
Vicksburg 30 Year Fixed Rate Refi 2022-06-23 6.28%
Vicksburg 15 Year Fixed Rate 2022-06-23 6.4%
Vicksburg 15 Year Fixed Rate Refi 2022-06-23 5.22%
Vicksburg 30 Year FHA 2022-06-23 0.1%
Vicksburg 30 Year FHA Refi 2022-06-23 -0.2%
Vicksburg 30 Year USDA 2022-06-23 -0.17%
Vicksburg 30 Year USDA Refi 2022-06-23 -0.12%
Vicksburg 30 Year VA 2022-06-23 0.36%
Vicksburg 30 Year VA Refi 2022-06-23 -0.14%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Vicksburg, MS.

Vicksburg Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Vicksburg, MS 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Trustmark National Bank 53 3.17% $4,003
BancorpSouth Bank 36 3.26% $3,318
QUICKEN LOANS, LLC 29 3.19% $4,416
GMFS LLC 13 3.09% $2,996
Regions Bank 8 3.38% $2,819
FIDELITY BANK 8 3.06% $5,203
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 3.11% $3,443
NAVY FEDERAL CREDIT UNION 5 3.73% $4,544
AMERISAVE MORTGAGE CORPORATION 4 3.22% $2,568
BETTER MORTGAGE CORPORATION 4 3.09% $2,792
PENNYMAC LOAN SERVICES, LLC 4 3.19% $5,225
Wells Fargo Bank 3 3.08% $1,684
OPEN MORTGAGE, LLC 2 2.93% $6,078
LOANDEPOT.COM, LLC 2 3.18% $5,399
Flagstar Bank, FSB 2 3.33% $4,186
FREEDOM MORTGAGE CORPORATION 2 3.31% $1,524
JPMorgan Chase Bank 2 2.88% $4,441
Ally Bank 2 3.50% $3,929
Home Bank 2 2.69% $2,977
CORNERSTONE HOME LENDING, INC. 2 3.63% $6,356
DELMAR FINANCIAL COMPANY 2 3.00% $2,123
MORTGAGE INVESTORS GROUP, INC. 1 3.75% $3,173
Mr. Cooper ( Nationstar Mortgage ) 1 3.75% $4,818
Nations Lending Corporation 1 3.25% $8,964
Northpointe Bank 1 3.50% $2,802
Origin Bank 1 3.13% $3,415
PENTAGON FEDERAL CREDIT UNION 1 2.50% $2,675
Renasant Bank 1 3.38% $2,903
RIVERLAND FEDERAL CREDIT UNION 1 3.00% $5,924
UNITED WHOLESALE MORTGAGE, LLC 1 3.25% $1,253
LAKEVIEW LOAN SERVICING, LLC 1 3.63% $1,710
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.13% $2,737
ANGEL OAK HOME LOANS LLC 1 3.25% $3,428
Assurance Financial Group, L.L.C. 1 3.00% $5,046
Bank of America 1 2.63% $4,397
BankPlus 1 3.38% $3,008
Bethpage Federal Credit Union 1 2.88% $5,006
Carrington Mortgage Services, LLC 1 3.38% $4,477
Citibank 1 2.88% $3,645
Citizens Bank 1 2.88% $2,617
Colonial Savings, F.A. 1 3.63% $2,849
Community Bank of Mississippi 1 3.88% $3,542
Discover Bank 1 4.25% $0
First Federal Bank 1 3.00% $3,407
First Home Bank 1 3.63% $3,333
Gateway First Bank 1 3.00% $3,560
HOME POINT FINANCIAL CORPORATION 1 3.38% $4,288
HOMESTEAD FUNDING CORP. 1 2.75% $2,633
ACADEMY MORTGAGE CORPORATION 1 3.00% $4,444
LAND HOME FINANCIAL SERVICES, INC. 1 3.50% $9,578
MORTGAGE ACCESS CORP. 1 2.99% $6,166

Vicksburg, MS's 51 lenders originated 1,039 loans during 2021. The total origination value was $174,595,000, with an average loan value of $168,041.

The top Vicksburg lender as defined by loan originations is Trustmark National Bank, with 53 loans originated. Their average total fees are $4,003, which is $686 higher than the next largest lender, BancorpSouth Bank.

The lowest fee Vicksburg lenders (with over 10 loans originated) are GMFS LLC ($2,996), BancorpSouth Bank ($3,318), Trustmark National Bank ($4,003), QUICKEN LOANS, LLC ($4,416) and .

The lowest rate Vicksburg lenders (with over 10 loans originated) are GMFS LLC (3.09%), Trustmark National Bank (3.17%), QUICKEN LOANS, LLC (3.19%), BancorpSouth Bank (3.26%) and .

Vicksburg, MS Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
Trustmark National Bank $39,240,000 $36,785,000 -6.3% 21.1%
BancorpSouth Bank $8,035,000 $19,965,000 148.5% 11.4%
QUICKEN LOANS, LLC $14,750,000 $16,345,000 10.8% 9.4%
MUTUAL $13,090,000 $8,785,000 -32.9% 5.0%
FIDELITY BANK $9,700,000 $8,105,000 -16.4% 4.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $10,585,000 $6,725,000 -36.5% 3.9%
Guaranty Bank and Trust Company $1,390,000 $5,745,000 313.3% 3.3%
GMFS LLC $7,535,000 $5,305,000 -29.6% 3.0%
WALKER & DUNLOP, LLC $5,275,000 n/a 3.0%
Liberty Bank and Trust Company $2,920,000 $4,925,000 68.7% 2.8%
FREEDOM MORTGAGE CORPORATION $3,915,000 $4,225,000 7.9% 2.4%
Mortgage Research Center, LLC $3,425,000 $3,195,000 -6.7% 1.8%
OPEN MORTGAGE, LLC $1,685,000 $3,185,000 89.0% 1.8%
LAKEVIEW LOAN SERVICING, LLC $235,000 $2,910,000 1,138.3% 1.7%
PENNYMAC LOAN SERVICES, LLC $940,000 $2,395,000 154.8% 1.4%
Regions Bank $2,290,000 $2,185,000 -4.6% 1.3%
NAVY FEDERAL CREDIT UNION $1,375,000 $2,045,000 48.7% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $2,200,000 $1,995,000 -9.3% 1.1%
LOANDEPOT.COM, LLC $595,000 $1,935,000 225.2% 1.1%
Community Bank of Mississippi $185,000 $1,800,000 873.0% 1.0%
AMERICAN FIRST $1,505,000 n/a 0.9%
USAA Federal Savings Bank $1,765,000 $1,365,000 -22.7% 0.8%
Wells Fargo Bank $840,000 $1,360,000 61.9% 0.8%
AMERISAVE MORTGAGE CORPORATION $655,000 $1,335,000 103.8% 0.8%
BETTER MORTGAGE CORPORATION $1,175,000 n/a 0.7%
NEWREZ LLC $185,000 $1,050,000 467.6% 0.6%
BROKER SOLUTIONS, INC. $1,045,000 n/a 0.6%
UNITED WHOLESALE MORTGAGE, LLC $1,350,000 $955,000 -29.3% 0.5%
Bank of America $125,000 $905,000 624.0% 0.5%
21ST MORTGAGE CORPORATION $670,000 $850,000 26.9% 0.5%
NEW DAY FINANCIAL, LLC $1,730,000 $775,000 -55.2% 0.4%
Flagstar Bank, FSB $1,525,000 $770,000 -49.5% 0.4%
JPMorgan Chase Bank $600,000 $685,000 14.2% 0.4%
Origin Bank $1,195,000 $680,000 -43.1% 0.4%
EVANSVILLE TEACHERS $620,000 n/a 0.4%
GUARANTY HOME MORTGAGE CORPORATION $580,000 n/a 0.3%
Home Bank $220,000 $570,000 159.1% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $320,000 $535,000 67.2% 0.3%
Reliant Bank $355,000 $520,000 46.5% 0.3%
Carrington Mortgage Services, LLC $690,000 $480,000 -30.4% 0.3%
Ally Bank $420,000 n/a 0.2%
The First, A National Banking Association $260,000 $395,000 51.9% 0.2%
AMERICAN INTERNET MORTGAGE, INC. $65,000 $380,000 484.6% 0.2%
Citizens Bank $270,000 $380,000 40.7% 0.2%
HOMESTEAD FUNDING CORP. $375,000 n/a 0.2%
Renasant Bank $510,000 $375,000 -26.5% 0.2%
MEMBER FIRST MORTGAGE, LLC $155,000 $370,000 138.7% 0.2%
MORTGAGE ACCESS CORP. $370,000 n/a 0.2%
The Federal Savings Bank $370,000 n/a 0.2%
CALIBER HOME LOANS, INC. $360,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $270,000 $355,000 31.5% 0.2%
CORNERSTONE HOME LENDING, INC. $145,000 $355,000 144.8% 0.2%
TJC Mortgage, Inc. $355,000 n/a 0.2%
BankFirst Financial Services $9,350,000 $325,000 -96.5% 0.2%
Hometown Lenders, Inc. $315,000 n/a 0.2%
Assurance Financial Group, L.L.C. $85,000 $305,000 258.8% 0.2%
First Horizon Bank $305,000 n/a 0.2%
LAND HOME FINANCIAL SERVICES, INC. $75,000 $305,000 306.7% 0.2%
PENTAGON FEDERAL CREDIT UNION $165,000 $305,000 84.8% 0.2%
Magnolia Bank $300,000 n/a 0.2%
Gateway First Bank $275,000 n/a 0.2%
PHH Mortgage Corporation $270,000 n/a 0.2%
First Federal Bank $380,000 $265,000 -30.3% 0.2%
Northpointe Bank $285,000 $265,000 -7.0% 0.2%
RELIANCE FIRST CAPITAL, LLC $165,000 $265,000 60.6% 0.2%
AMERICAN ADVISORS GROUP $15,000 $235,000 1,466.7% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $215,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $215,000 n/a 0.1%
PLANET HOME LENDING, LLC $310,000 $215,000 -30.6% 0.1%
Nations Lending Corporation $205,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $200,000 n/a 0.1%
Eagle Bank and Trust Company $195,000 n/a 0.1%
RIVERLAND FEDERAL CREDIT UNION $195,000 n/a 0.1%
DELMAR FINANCIAL COMPANY $155,000 $180,000 16.1% 0.1%
ACADEMY MORTGAGE CORPORATION $215,000 $175,000 -18.6% 0.1%
MORTGAGE INVESTORS GROUP, INC. $175,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $170,000 $170,000 0.0% 0.1%
BankPlus $2,585,000 $165,000 -93.6% 0.1%
Citibank $165,000 n/a 0.1%
FirstBank $405,000 $160,000 -60.5% 0.1%
TRIAD FINANCIAL SERVICES, INC. $150,000 n/a 0.1%
Lakeview Community Capital, LLC $195,000 $145,000 -25.6% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $5,000 $145,000 2,800.0% 0.1%
ACIPCO Federal Credit Union $135,000 n/a 0.1%
Discover Bank $135,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $125,000 n/a 0.1%
Colonial Savings, F.A. $95,000 $115,000 21.1% 0.1%
First Guaranty Mortgage Corporation $205,000 $115,000 -43.9% 0.1%
RUOFF MORTGAGE COMPANY, INC. $115,000 $115,000 0.0% 0.1%
ANGEL OAK HOME LOANS LLC $705,000 $95,000 -86.5% 0.1%
HOME POINT FINANCIAL CORPORATION $145,000 $95,000 -34.5% 0.1%
CHURCHILL MORTGAGE CORPORATION $85,000 n/a 0.0%
Evolve Bank & Trust $85,000 n/a 0.0%
AMERICAN FINANCIAL NETWORK, INC. $75,000 n/a 0.0%
United States Senate Federal Credit Union $65,000 n/a 0.0%
First Home Bank $55,000 n/a 0.0%
Bethpage Federal Credit Union $45,000 n/a 0.0%

Vicksburg's top lender by overall market share is Trustmark National Bank, with 21.1% market share. In second place, with 11.4%, is BancorpSouth Bank, having originated $19,965,000 in loans. In third place, with 9.4%, is QUICKEN LOANS, LLC, having originated $16,345,000 in loans. In third place, with 5.0%, is MUTUAL, having originated $8,785,000 in loans. In third place, with 4.6%, is FIDELITY BANK, having originated $8,105,000 in loans.


Vicksburg, MS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 468 $81,180,000 $173,462
Refi 352 $64,150,000 $182,244
Cash Out Refi 159 $24,985,000 $157,138
Other 49 $3,355,000 $68,469
Home Improvement 11 $925,000 $84,091

Vicksburg's most frequently cited loan purpose was Home Purchase, with 468 originations. The 2nd most popular reason was Refi, with 352 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 327 $54,325,000 $166,131
2.5-3% 308 $58,780,000 $190,844
<2.5% 227 $37,615,000 $165,705
4-5% 14 $2,190,000 $156,429
6-7% 10 $860,000 $86,000
7-8% 8 $560,000 $70,000
5-6% 7 $465,000 $66,429
Over 8% 5 $345,000 $69,000

During 2021, Vicksburg's most frequently originated rate bucket was 3-4%, with 327 originations.

Loan Sizing (Vicksburg, MS MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 483 $71,105,000 $147,215
$200k-400k 269 $70,045,000 $260,390
$100,000 or less 263 $15,795,000 $60,057
$400k-600k 19 $8,705,000 $458,158
$600k-1000k 3 $2,165,000 $721,667
$Over $1MM 2 $6,780,000 $3,390,000

Vicksburg's loan sizing saw the bucket of loans from $100k-200k with 483 originations, totaling $71,105,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 450 $84,410,000 $187,578
60-80% 239 $45,375,000 $189,854
40-60% 84 $12,080,000 $143,810
20-40% 47 $3,335,000 $70,957
Under 20% 47 $1,325,000 $28,191
Over 100% 11 $2,955,000 $268,636

Vicksburg's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 450 originations, totaling $84,410,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Vicksburg (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 $139,900 (-3.5%) $174,088 (2.2%) 0.00 253
2018-02-01 $139,900 (1.8%) $174,587 (4.5%) 0.00 251
2018-03-01 $139,900 (-4.0%) $175,073 (-0.5%) 0.00 240
2018-04-01 $145,000 (0.0%) $183,312 (3.9%) 0.00 239
2018-05-01 $139,000 (-3.1%) $180,168 (1.3%) 0.00 251
2018-06-01 $139,900 (-1.7%) $182,337 (2.3%) 0.00 254
2018-07-01 $150,750 (4.0%) $194,508 (7.3%) 0.00 252
2018-08-01 $148,250 (-0.2%) $190,481 (4.5%) 0.00 248
2018-09-01 $159,000 (6.1%) $191,793 (3.7%) 0.00 233
2018-10-01 $156,950 (5.0%) $188,868 (3.1%) 0.00 227
2018-11-01 $152,500 (2.4%) $189,274 (3.3%) 0.00 227
2018-12-01 $148,000 (-0.7%) $191,224 (2.8%) 0.00 210
2019-01-01 $148,750 (6.3%) $191,631 (10.1%) 0.00 194
2019-02-01 $153,900 (10.0%) $188,402 (7.9%) 0.00 183
2019-03-01 $145,000 (3.7%) $186,711 (6.7%) 0.00 185
2019-04-01 $145,000 (0.0%) $187,839 (2.5%) 0.00 185
2019-05-01 $134,900 (-3.0%) $178,827 (-0.7%) 0.00 177
2019-06-01 $134,900 (-3.6%) $178,255 (-2.2%) 0.00 177
2019-07-01 $131,500 (-12.8%) $171,347 (-11.9%) 0.00 161
2019-08-01 $133,814 (-9.7%) $171,456 (-10.0%) 0.00 167
2019-09-01 $132,314 (-16.8%) $174,456 (-9.0%) 0.00 163
2019-10-01 $135,950 (-13.4%) $186,001 (-1.5%) 0.00 140
2019-11-01 $144,000 (-5.6%) $194,960 (3.0%) 0.00 144
2019-12-01 $149,900 (1.3%) $199,210 (4.2%) 0.00 143
2020-01-01 $149,900 (0.8%) $192,036 (0.2%) 0.00 130
2020-02-01 $159,000 (3.3%) $190,599 (1.2%) 0.00 133
2020-03-01 $162,500 (12.1%) $198,265 (6.2%) 0.00 135
2020-04-01 $168,000 (15.9%) $194,655 (3.6%) 0.00 128
2020-05-01 $159,900 (18.5%) $195,413 (9.3%) 0.00 124
2020-06-01 $156,250 (15.8%) $198,978 (11.6%) 0.00 113
2020-07-01 $159,900 (21.6%) $203,893 (19.0%) 0.00 109
2020-08-01 $165,000 (23.3%) $207,790 (21.2%) 0.00 110
2020-09-01 $170,950 (29.2%) $225,061 (29.0%) 0.00 112
2020-10-01 $182,000 (33.9%) $241,068 (29.6%) 0.00 104
2020-11-01 $177,450 (23.2%) $230,555 (18.3%) 0.00 108
2020-12-01 $162,500 (8.4%) $226,653 (13.8%) 0.00 98
2021-01-01 $160,000 (6.7%) $206,383 (7.5%) 0.00 85
2021-02-01 $154,950 (-2.6%) $197,655 (3.7%) 0.00 78
2021-03-01 $149,850 (-7.8%) $193,556 (-2.4%) 0.00 82
2021-04-01 $143,700 (-14.5%) $191,044 (-1.9%) 0.00 75
2021-05-01 $165,000 (3.2%) $207,019 (5.9%) 0.00 75
2021-06-01 $167,950 (7.5%) $247,515 (24.4%) 0.00 75
2021-07-01 $152,500 (-4.6%) $245,622 (20.5%) 0.00 67
2021-08-01 $159,000 (-3.6%) $247,855 (19.3%) 0.00 75
2021-09-01 $159,000 (-7.0%) $255,681 (13.6%) 0.00 66
2021-10-01 $149,500 (-17.9%) $218,858 (-9.2%) 0.00 70
2021-11-01 $150,000 (-15.5%) $232,975 (1.1%) 0.00 68
2021-12-01 $147,900 (-9.0%) $237,091 (4.6%) 0.00 68
2022-01-01 $150,000 (-6.3%) $234,698 (13.7%) 0.00 62
2022-02-01 $176,500 (13.9%) $251,783 (27.4%) 0.00 65
2022-03-01 $172,500 (15.1%) $246,859 (27.5%) 0.00 67
2022-04-01 $185,000 (28.7%) $245,786 (28.7%) 0.00 79
2022-05-01 $217,450 (31.8%) $276,692 (33.7%) 0.00 83
Vicksburg's median listing price for 2022-05-01 was $217,450, a difference of $52,450 (31.8%) versus the prior year and $32,450 versus the prior month.

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

Vicksburg's average listing price for 2022-05-01 was $276,692, a difference of $69,673 (33.7%) versus the prior year and $30,906 versus the prior month.

For the 2022-05-01 period, Vicksburg had 83 MLS listings, a difference of 4 listings (5%) versus the prior month and 8 listings (11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Vicksburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,898 sqft
2018-02-01 0 days 1,933 sqft
2018-03-01 0 days 1,968 sqft
2018-04-01 0 days 2,009 sqft
2018-05-01 0 days 2,009 sqft
2018-06-01 0 days 2,000 sqft
2018-07-01 0 days 2,000 sqft
2018-08-01 0 days 2,021 sqft
2018-09-01 0 days 1,994 sqft
2018-10-01 0 days 2,031 sqft
2018-11-01 0 days 1,994 sqft
2018-12-01 0 days 1,973 sqft
2019-01-01 0 days 1,962 sqft
2019-02-01 0 days 1,986 sqft
2019-03-01 0 days 1,941 sqft
2019-04-01 0 days 1,909 sqft
2019-05-01 0 days 1,838 sqft
2019-06-01 0 days 1,825 sqft
2019-07-01 0 days 1,800 sqft
2019-08-01 0 days 1,766 sqft
2019-09-01 0 days 1,742 sqft
2019-10-01 0 days 1,819 sqft
2019-11-01 0 days 1,824 sqft
2019-12-01 0 days 1,832 sqft
2020-01-01 0 days 1,813 sqft
2020-02-01 0 days 1,800 sqft
2020-03-01 0 days 1,879 sqft
2020-04-01 0 days 1,930 sqft
2020-05-01 0 days 1,874 sqft
2020-06-01 0 days 1,886 sqft
2020-07-01 0 days 1,923 sqft
2020-08-01 0 days 1,925 sqft
2020-09-01 0 days 1,968 sqft
2020-10-01 0 days 2,223 sqft
2020-11-01 0 days 2,089 sqft
2020-12-01 0 days 1,900 sqft
2021-01-01 0 days 1,889 sqft
2021-02-01 0 days 1,833 sqft
2021-03-01 0 days 1,788 sqft
2021-04-01 0 days 1,712 sqft
2021-05-01 0 days 1,826 sqft
2021-06-01 0 days 1,843 sqft
2021-07-01 0 days 1,692 sqft
2021-08-01 0 days 1,734 sqft
2021-09-01 0 days 1,717 sqft
2021-10-01 0 days 1,731 sqft
2021-11-01 0 days 1,744 sqft
2021-12-01 0 days 1,703 sqft
2022-01-01 0 days 1,757 sqft
2022-02-01 0 days 1,757 sqft
2022-03-01 0 days 1,800 sqft
2022-04-01 0 days 1,950 sqft
2022-05-01 0 days 2,104 sqft
Vicksburg's median listing age (time on market) for 2022-05-01 was 0 days.

Vicksburg's median square footage for active listings during the 2022-05-01 period was 2,104 sqft. One year prior, the average listing was 1,826 sqft.