Mortgage lending in Iowa City, IA
5,073 mortgages were originated in the Iowa City, IA area in 2025, and here is what they cost.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 5,073
- Median rate
- 6.490%
- Median lender fees
- $1,849
- Median loan amount
- $175,000
- Median spread over APOR
- 0.052
- Paid discount points
- 9.1%
- Received lender credits
- 18.4%
- Purchases / refinances
- 58.4% / 23.7%
- Conventional / FHA / VA
- 94% / 2.6% / 2.9%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 63.9% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Iowa City, IA area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| GREENSTATE Credit Union | 1,938 | $1,849 | 6.490% |
| Hills Bank and Trust Company | 1,503 | $1,834 | 6.250% |
| RESIDENTIAL MORTGAGE NETWORK, INC. | 197 | $2,422 | 6.375% |
| VERIDIAN CREDIT UNION | 142 | $1,931 | 6.490% |
| MidWestOne Bank | 130 | — | 5.990% |
| Washington State Bank | 87 | — | — |
| DHI MORTGAGE COMPANY, LTD. | 81 | $4,442 | 5.375% |
| Rocket Mortgage, LLC | 69 | $4,113 | 6.990% |
| CBI Bank & Trust | 60 | — | 6.875% |