ALBANY 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 Albany averaged 6.94% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 7.05% and one month ago for the week of 2024-10-10, the average rate was 6.78%.

    Albany's average rate one year ago was 7.76%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.38%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Albany 30 Year Fixed Rate 2024-11-14 6.94%
    Albany 30 Year Fixed Rate Refi 2024-11-14 7.38%
    Albany 15 Year Fixed Rate 2024-11-14 6.19%
    Albany 15 Year Fixed Rate Refi 2024-11-14 6.59%
    Albany 30 Year FHA 2024-11-14 0.1%
    Albany 30 Year FHA Refi 2024-11-14 -0.2%
    Albany 30 Year USDA 2024-11-14 0.1%
    Albany 30 Year USDA Refi 2024-11-14 0.2%
    Albany 30 Year VA 2024-11-14 0.06%
    Albany 30 Year VA Refi 2024-11-14 0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ALBANY, GA.

    ALBANY 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 ALBANY, GA 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
    QUICKEN LOANS, LLC 42 6.90% $5,843
    Flagstar Bank, FSB 40 6.96% $4,779
    Colony Bank 30 6.62% $4,423
    Renasant Bank 27 7.24% $5,093
    Capital City Home Loans, LLC 22 6.69% $4,017
    UNITED WHOLESALE MORTGAGE, LLC 21 6.64% $7,784
    PENNYMAC LOAN SERVICES, LLC 21 6.47% $5,192
    Ameris Bank 13 6.69% $5,734
    Synovus Bank 12 6.41% $6,283
    NAVY FEDERAL CREDIT UNION 10 7.26% $3,671
    Wells Fargo Bank 8 7.22% $4,945
    Truist 8 6.48% $3,932
    JPMorgan Chase Bank 7 7.03% $2,456
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.90% $3,414
    HOMESTAR FINANCIAL CORPORATION 4 6.13% $4,139
    Regions Bank 4 7.06% $3,417
    U.S. Bank 4 6.25% $2,467
    BROKER SOLUTIONS, INC. 4 7.09% $6,271
    GUARANTEED RATE, INC. 3 6.29% $7,109
    Mortgage Research Center, LLC 3 7.00% $2,533
    GEORGIA'S OWN 3 7.00% $3,874
    Mr. Cooper ( Nationstar Mortgage ) 3 7.79% $5,348
    CROSSCOUNTRY MORTGAGE, LLC 2 6.60% $8,605
    AMERICAN FINANCIAL NETWORK, INC. 2 8.56% $7,033
    LOANDEPOT.COM, LLC 2 6.81% $5,811
    USAA Federal Savings Bank 2 6.19% $4,232
    SOUTHPOINT FINANCIAL SERVICES, INC. 2 7.31% $7,080
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.25% $6,681
    PHH Mortgage Corporation 2 7.56% $6,039
    ROYAL UNITED MORTGAGE LLC 2 7.31% $3,691
    TOTAL MORTGAGE SERVICES, LLC 2 7.25% $6,042
    TOWNE MORTGAGE COMPANY 2 6.44% $6,642
    NBKC BANK 1 8.38% $2,013
    NEWREZ LLC 1 7.50% $6,356
    21ST MORTGAGE CORPORATION 1 9.01% $6,067
    PNC Bank 1 7.13% $5,751
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.88% $6,268
    Prosperity Home Mortgage, LLC 1 8.13% $5,093
    RELIANCE FIRST CAPITAL, LLC 1 7.50% $4,026
    SIRVA MORTGAGE, INC. 1 6.13% $1,873
    The Federal Savings Bank 1 6.88% $8,815
    The Huntington National Bank 1 6.25% $5,907
    THE MORTGAGE FIRM, INC. 1 5.63% $4,952
    Third Federal Savings and Loan Association of Cleveland 1 6.39% $0
    TOP FLITE FINANCIAL, INC. 1 7.00% $7,259
    UIF CORPORATION 1 6.50% $3,224
    VAN DYK MORTGAGE CORPORATION 1 6.88% $7,969
    WRIGHT-PATT CREDIT UNION, INC. 1 6.25% $2,878
    ZILLOW HOME LOANS, LLC 1 6.88% $6,151
    Northpointe Bank 1 6.88% $5,107
    AB&T 1 7.39% $10,193
    ACOPIA, LLC 1 5.88% $4,822
    Ally Bank 1 5.38% $6,480
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.25% $5,708
    AMERISAVE MORTGAGE CORPORATION 1 5.75% $8,383
    Arvest Bank 1 5.63% $4,021
    Assurance Financial Group, L.L.C. 1 7.25% $7,646
    ATLANTA POSTAL 1 6.75% $4,869
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.63% $8,705
    BancorpSouth 1 6.38% $2,211
    BANKSOUTH MORTGAGE COMPANY, LLC 1 6.63% $4,348
    CANOPY MORTGAGE, LLC 1 6.38% $7,307
    Citadel Servicing Corporation 1 10.38% $7,087
    City National Bank 1 6.75% $4,280
    CMG MORTGAGE, INC. 1 7.49% $5,620
    DELTA COMMUNITY CREDIT UNION 1 7.75% $2,784
    DIGITAL Federal Credit Union 1 5.88% $4,605
    FEDERATED MORTGAGE CORP. 1 6.50% $3,085
    Fifth Third Bank 1 6.63% $5,620
    FIRST COMMERCE CREDIT UNION 1 5.50% $2,794
    Five Star Credit Union 1 6.52% $3,642
    FREEDOM MORTGAGE CORPORATION 1 6.25% $12,555
    GUILD MORTGAGE COMPANY 1 6.99% $7,393
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.50% $8,760
    HSBC BANK USA, NATIONAL ASSOCIATION 1 6.38% $3,192
    JUSTICE Federal Credit Union 1 6.25% $2,649
    Leaders Credit Union 1 6.63% $5,333
    LOCAL GOVERNMENT FEDERAL CREDIT UNION 1 5.40% $2,757
    Magnolia Bank 1 6.50% $9,282
    MORTGAGE INVESTORS GROUP, INC. 1 6.50% $3,493
    MOVEMENT MORTGAGE, LLC 1 6.63% $10,187

    ALBANY Average Closing Costs & Other Stats

    ALBANY, GA's 81 lenders originated 1,932 loans during 2023. The total origination value was $353,320,000, with an average loan value of $182,878.

    ALBANY's average closing costs are $5,040.

    The top ALBANY lender as defined by loan originations is QUICKEN LOANS, LLC, with 42 loans originated. Their average total fees are $5,843, which is $1,064 higher than the next largest lender, Flagstar Bank, FSB.

    The lowest fee ALBANY lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($3,671), Capital City Home Loans, LLC ($4,017), Colony Bank ($4,423), Flagstar Bank, FSB ($4,779) and Renasant Bank ($5,093).

    The lowest rate ALBANY lenders (with over 10 loans originated) are Synovus Bank (6.41%), PENNYMAC LOAN SERVICES, LLC (6.47%), Colony Bank (6.62%), UNITED WHOLESALE MORTGAGE, LLC (6.64%) and Ameris Bank (6.69%).

    ALBANY, GA 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
    Flagstar Bank, FSB $61,920,000 $31,400,000 -49.3% 8.9%
    ORIX REAL ESTATE CAPITAL, LLC $26,310,000 n/a 7.4%
    QUICKEN LOANS, LLC $41,530,000 $22,005,000 -47.0% 6.2%
    Georgia Community Bank $18,825,000 $20,015,000 6.3% 5.7%
    Mortgage Research Center, LLC $21,875,000 $18,855,000 -13.8% 5.3%
    Colony Bank $25,095,000 $17,190,000 -31.5% 4.9%
    Renasant Bank $17,740,000 $15,075,000 -15.0% 4.3%
    Flint Community Bank $27,480,000 $14,830,000 -46.0% 4.2%
    Ameris Bank $14,855,000 $10,525,000 -29.1% 3.0%
    UNITED WHOLESALE MORTGAGE, LLC $14,490,000 $10,520,000 -27.4% 3.0%
    Synovus Bank $13,365,000 $10,270,000 -23.2% 2.9%
    NAVY FEDERAL CREDIT UNION $19,940,000 $9,755,000 -51.1% 2.8%
    PENNYMAC LOAN SERVICES, LLC $4,995,000 $8,475,000 69.7% 2.4%
    PeoplesSouth Bank $10,265,000 $6,610,000 -35.6% 1.9%
    BROKER SOLUTIONS, INC. $12,025,000 $6,475,000 -46.2% 1.8%
    Truist $8,780,000 $6,080,000 -30.8% 1.7%
    Capital City Home Loans, LLC $7,080,000 $4,460,000 -37.0% 1.3%
    Bank of Dawson $4,415,000 n/a 1.2%
    Thomasville National Bank $330,000 $4,095,000 1,140.9% 1.2%
    LIMA ONE CAPITAL, LLC $3,915,000 n/a 1.1%
    Grandbridge Real Estate Capital LLC $3,665,000 n/a 1.0%
    Hometown Equity Mortgage, LLC $230,000 $3,250,000 1,313.0% 0.9%
    First State Bank of Blakely, Inc. $2,445,000 $3,205,000 31.1% 0.9%
    USAA Federal Savings Bank $2,520,000 $2,990,000 18.7% 0.8%
    SOUTHPOINT FINANCIAL SERVICES, INC. $4,205,000 $2,920,000 -30.6% 0.8%
    Wells Fargo Bank $14,795,000 $2,795,000 -81.1% 0.8%
    FREEDOM MORTGAGE CORPORATION $3,690,000 $2,480,000 -32.8% 0.7%
    AB&T $2,390,000 n/a 0.7%
    HOMESTAR FINANCIAL CORPORATION $3,410,000 $2,195,000 -35.6% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $5,520,000 $2,040,000 -63.0% 0.6%
    CROSSCOUNTRY MORTGAGE, LLC $1,530,000 $2,025,000 32.4% 0.6%
    AMERISAVE MORTGAGE CORPORATION $4,585,000 $1,940,000 -57.7% 0.5%
    LOANDEPOT.COM, LLC $7,185,000 $1,900,000 -73.6% 0.5%
    21ST MORTGAGE CORPORATION $925,000 $1,880,000 103.2% 0.5%
    JPMorgan Chase Bank $3,400,000 $1,795,000 -47.2% 0.5%
    NEW DAY FINANCIAL, LLC $1,085,000 $1,790,000 65.0% 0.5%
    GEORGIA'S OWN $2,475,000 $1,745,000 -29.5% 0.5%
    GUARANTEED RATE, INC. $1,575,000 $1,730,000 9.8% 0.5%
    The Federal Savings Bank $1,470,000 $1,560,000 6.1% 0.4%
    NEWREZ LLC $1,720,000 $1,555,000 -9.6% 0.4%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $2,435,000 $1,535,000 -37.0% 0.4%
    CARDINAL FINANCIAL $1,765,000 $1,415,000 -19.8% 0.4%
    Regions Bank $2,150,000 $1,390,000 -35.3% 0.4%
    U.S. Bank $300,000 $1,325,000 341.7% 0.4%
    Carrington Mortgage Services, LLC $1,615,000 $1,260,000 -22.0% 0.4%
    VILLAGE CAPITAL MORTGAGE $1,220,000 $1,240,000 1.6% 0.4%
    CALCON MUTUAL MORTGAGE LLC $515,000 $1,235,000 139.8% 0.3%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,365,000 $1,110,000 -18.7% 0.3%
    Equity Prime Mortgage LLC $1,430,000 $1,095,000 -23.4% 0.3%
    TOWNE MORTGAGE COMPANY $615,000 $1,075,000 74.8% 0.3%
    COREVEST AMERICAN FINANCE LENDER LLC $1,035,000 n/a 0.3%
    Barrington Bank & Trust Company, N.A. $800,000 $885,000 10.6% 0.3%
    The Huntington National Bank $135,000 $885,000 555.6% 0.3%
    LENDINGHOME FUNDING CORPORATION $975,000 $870,000 -10.8% 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,030,000 $860,000 -78.7% 0.2%
    The First, A National Banking Association $920,000 $805,000 -12.5% 0.2%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $625,000 $790,000 26.4% 0.2%
    PNC Bank $130,000 $780,000 500.0% 0.2%
    MEMBER FIRST MORTGAGE, LLC $1,375,000 $775,000 -43.6% 0.2%
    TOP FLITE FINANCIAL, INC. $200,000 $725,000 262.5% 0.2%
    AgFirst Farm Credit Bank $380,000 $710,000 86.8% 0.2%
    Discover Bank $485,000 $710,000 46.4% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $970,000 $685,000 -29.4% 0.2%
    ZILLOW HOME LOANS, LLC $1,575,000 $685,000 -56.5% 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $675,000 n/a 0.2%
    SOUTHEAST MORTGAGE OF GEORGIA, INC. $535,000 $675,000 26.2% 0.2%
    Third Federal Savings and Loan Association of Cleveland $115,000 $640,000 456.5% 0.2%
    Figure Lending LLC $225,000 $620,000 175.6% 0.2%
    UNION HOME MORTGAGE CORP. $770,000 $615,000 -20.1% 0.2%
    MORTGAGE INVESTORS GROUP, INC. $360,000 $610,000 69.4% 0.2%
    Fifth Third Bank $600,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $655,000 $600,000 -8.4% 0.2%
    BancorpSouth $530,000 n/a 0.2%
    CANOPY MORTGAGE, LLC $430,000 $530,000 23.3% 0.2%
    CityWorth Mortgage LLC $640,000 $525,000 -18.0% 0.1%
    SWBC MORTGAGE CORPORATION $525,000 n/a 0.1%
    Mainstreet Community Bank of Florida $510,000 n/a 0.1%
    MORIA DEVELOPMENT, INC. $150,000 $485,000 223.3% 0.1%
    Bank of Early $475,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $300,000 $445,000 48.3% 0.1%
    DOMINION FINANCIAL SERVICES, LLC $405,000 n/a 0.1%
    Arvest Bank $205,000 $385,000 87.8% 0.1%
    JUSTICE Federal Credit Union $380,000 n/a 0.1%
    ANGEL OAK HOME LOANS LLC $1,515,000 $375,000 -75.2% 0.1%
    GUARANTEED RATE AFFINITY, LLC $390,000 $375,000 -3.8% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $145,000 $375,000 158.6% 0.1%
    ROYAL UNITED MORTGAGE LLC $805,000 $375,000 -53.4% 0.1%
    First Federal Bank $545,000 $370,000 -32.1% 0.1%
    Northpointe Bank $890,000 $365,000 -59.0% 0.1%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $470,000 $360,000 -23.4% 0.1%
    TOTAL MORTGAGE SERVICES, LLC $360,000 n/a 0.1%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $355,000 n/a 0.1%
    AMERICAN HERITAGE LENDING, INC. $75,000 $350,000 366.7% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $2,075,000 $350,000 -83.1% 0.1%
    MILEND, INC. $1,145,000 $350,000 -69.4% 0.1%
    PLAZA HOME MORTGAGE, INC. $350,000 n/a 0.1%
    Shamrock Home Loans, Inc. $350,000 n/a 0.1%
    Bell Bank $115,000 $335,000 191.3% 0.1%
    GUILD MORTGAGE COMPANY $325,000 n/a 0.1%
    STOCKTON MORTGAGE CORPORATION $95,000 $320,000 236.8% 0.1%
    VAN DYK MORTGAGE CORPORATION $315,000 n/a 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $220,000 $310,000 40.9% 0.1%
    SIRVA MORTGAGE, INC. $305,000 n/a 0.1%
    Leaders Credit Union $295,000 n/a 0.1%
    Magnolia Bank $500,000 $295,000 -41.0% 0.1%
    PENTAGON FEDERAL CREDIT UNION $1,910,000 $295,000 -84.6% 0.1%
    M&T Bank $125,000 $290,000 132.0% 0.1%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $285,000 n/a 0.1%
    NATIONWIDE MORTGAGE BANKERS, INC. $315,000 $285,000 -9.5% 0.1%
    PHH Mortgage Corporation $275,000 n/a 0.1%
    Citizens Community Bank $265,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $685,000 $265,000 -61.3% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $1,215,000 $265,000 -78.2% 0.1%
    City National Bank $245,000 n/a 0.1%
    SOVEREIGN LENDING GROUP INCORPORATED $205,000 $245,000 19.5% 0.1%
    GENEVA FINANCIAL, LLC $1,010,000 $240,000 -76.2% 0.1%
    Assurance Financial Group, L.L.C. $235,000 n/a 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $360,000 $235,000 -34.7% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $400,000 $225,000 -43.8% 0.1%
    Franklin Loan Corporation $225,000 n/a 0.1%
    1ST SIGNATURE LENDING, LLC $215,000 n/a 0.1%
    DIGITAL Federal Credit Union $185,000 $205,000 10.8% 0.1%
    SOUTHWEST STAGE FUNDING, LLC $115,000 $205,000 78.3% 0.1%
    A&D Mortgage LLC $95,000 $195,000 105.3% 0.1%
    MICHIGAN MUTUAL, INC. $195,000 n/a 0.1%
    SPRING EQ, LLC $250,000 $195,000 -22.0% 0.1%
    UIF CORPORATION $245,000 $195,000 -20.4% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $315,000 $185,000 -41.3% 0.1%
    Great Oaks Bank $185,000 n/a 0.1%
    PLANET HOME LENDING, LLC $185,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $5,000 $180,000 3,500.0% 0.1%
    EMM LOANS LLC $485,000 $175,000 -63.9% 0.0%
    Five Star Credit Union $175,000 n/a 0.0%
    Pinnacle Bank $165,000 n/a 0.0%
    ACOPIA, LLC $575,000 $155,000 -73.0% 0.0%
    Ally Bank $1,105,000 $155,000 -86.0% 0.0%
    BANKSOUTH MORTGAGE COMPANY, LLC $730,000 $155,000 -78.8% 0.0%
    Citizens Bank $155,000 n/a 0.0%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $155,000 n/a 0.0%
    SUN WEST MORTGAGE COMPANY, INC. $155,000 n/a 0.0%
    THRIVE MORTGAGE, LLC $155,000 n/a 0.0%
    FIRST COMMERCE CREDIT UNION $195,000 $150,000 -23.1% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $145,000 n/a 0.0%
    Envision Credit Union $145,000 n/a 0.0%
    WRIGHT-PATT CREDIT UNION, INC. $145,000 n/a 0.0%
    ACADEMY MORTGAGE CORPORATION $135,000 n/a 0.0%
    Armed Forces Bank $135,000 n/a 0.0%
    ATLANTA POSTAL $580,000 $135,000 -76.7% 0.0%
    Citadel Servicing Corporation $135,000 n/a 0.0%
    CLEARPATH LENDING $400,000 $135,000 -66.3% 0.0%
    NBKC BANK $775,000 $135,000 -82.6% 0.0%
    EVERETT FINANCIAL, INC. $725,000 $125,000 -82.8% 0.0%
    FEDERATED MORTGAGE CORP. $125,000 n/a 0.0%
    Guardian Bank $125,000 n/a 0.0%
    Northwest Federal Credit Union $125,000 n/a 0.0%
    NETWORK CAPITAL FUNDING CORPORATION $115,000 n/a 0.0%
    OCMBC, INC. $115,000 n/a 0.0%
    TJC Mortgage, Inc. $115,000 n/a 0.0%
    Wauchula State Bank $115,000 n/a 0.0%
    Nations Lending Corporation $505,000 $105,000 -79.2% 0.0%
    THE MORTGAGE FIRM, INC. $135,000 $105,000 -22.2% 0.0%
    TOWER $55,000 $105,000 90.9% 0.0%
    DELTA COMMUNITY CREDIT UNION $145,000 $100,000 -31.0% 0.0%
    CMG MORTGAGE, INC. $165,000 $95,000 -42.4% 0.0%
    FirstBank $95,000 n/a 0.0%
    First Volunteer Bank $95,000 n/a 0.0%
    LOCAL GOVERNMENT FEDERAL CREDIT UNION $95,000 n/a 0.0%
    WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $95,000 n/a 0.0%
    Commercial Banking Company $375,000 $85,000 -77.3% 0.0%
    COUNTRYPLACE MORTGAGE, LTD. $600,000 $85,000 -85.8% 0.0%
    Paramount Residential Mortgage Group, Inc. $615,000 $85,000 -86.2% 0.0%
    HSBC BANK USA, NATIONAL ASSOCIATION $75,000 n/a 0.0%
    NORTH COUNTRY $75,000 n/a 0.0%
    Grow Financial Federal Credit Union $45,000 $65,000 44.4% 0.0%
    Prosperity Home Mortgage, LLC $225,000 $65,000 -71.1% 0.0%
    Farmers & Merchants Bank $145,000 $55,000 -62.1% 0.0%
    ALL IN $45,000 n/a 0.0%
    Bank of America $1,585,000 $25,000 -98.4% 0.0%
    Lakeview Community Capital, LLC $555,000 $25,000 -95.5% 0.0%
    MidFirst Bank $15,000 n/a 0.0%
    TENNESSEE VALLEY $15,000 n/a 0.0%

    ALBANY's top lender by overall market share is Flagstar Bank, FSB, with 8.9% market share. In second place, with 7.4%, is ORIX REAL ESTATE CAPITAL, LLC, having originated $26,310,000 in loans. In third place, with 6.2%, is QUICKEN LOANS, LLC, having originated $22,005,000 in loans. In fourth place, with 5.7%, is Georgia Community Bank, having originated $20,015,000 in loans. In fifth place, with 5.3%, is Mortgage Research Center, LLC, having originated $18,855,000 in loans.

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

    Realtor.com - ALBANY (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 $119,900 (4.3%) $150,518 (9.8%) 0.44 581
    2018-02-01 $119,900 (4.3%) $154,222 (13.2%) 0.44 581
    2018-03-01 $124,000 (7.4%) $154,431 (8.4%) 0.44 603
    2018-04-01 $129,900 (9.3%) $161,849 (9.1%) 0.44 590
    2018-05-01 $129,900 (8.3%) $164,043 (5.0%) 0.43 589
    2018-06-01 $129,900 (0.4%) $163,899 (2.1%) 0.43 602
    2018-07-01 $122,500 (-4.3%) $155,992 (-1.6%) 0.41 612
    2018-08-01 $128,950 (-0.8%) $157,633 (-3.7%) 0.43 593
    2018-09-01 $125,000 (-3.8%) $156,084 (-4.3%) 0.42 619
    2018-10-01 $126,375 (-1.0%) $155,465 (-3.3%) 0.43 608
    2018-11-01 $122,450 (-5.4%) $152,829 (-1.2%) 0.42 597
    2018-12-01 $118,450 (-5.2%) $149,094 (-1.8%) 0.41 560
    2019-01-01 $116,900 (-2.5%) $147,935 (-1.7%) 0.40 494
    2019-02-01 $116,258 (-3.0%) $146,725 (-4.9%) 0.39 485
    2019-03-01 $118,329 (-4.6%) $148,143 (-4.1%) 0.39 487
    2019-04-01 $118,479 (-8.8%) $149,058 (-7.9%) 0.38 498
    2019-05-01 $115,975 (-10.7%) $148,259 (-9.6%) 0.36 511
    2019-06-01 $116,500 (-10.3%) $147,950 (-9.7%) 0.36 538
    2019-07-01 $122,500 (0.0%) $151,270 (-3.0%) 0.38 583
    2019-08-01 $119,964 (-7.0%) $150,636 (-4.4%) 0.38 595
    2019-09-01 $119,984 (-4.0%) $151,339 (-3.0%) 0.38 564
    2019-10-01 $119,998 (-5.1%) $152,021 (-2.2%) 0.39 527
    2019-11-01 $129,900 (6.1%) $157,943 (3.4%) 0.43 487
    2019-12-01 $134,950 (13.9%) $161,995 (8.7%) 0.45 456
    2020-01-01 $134,925 (15.4%) $160,396 (8.4%) 0.45 420
    2020-02-01 $135,000 (16.1%) $160,675 (9.5%) 0.44 431
    2020-03-01 $132,450 (11.9%) $159,535 (7.7%) 0.42 448
    2020-04-01 $134,900 (13.9%) $162,451 (9.0%) 0.42 431
    2020-05-01 $135,000 (16.4%) $163,307 (10.2%) 0.41 406
    2020-06-01 $137,425 (18.0%) $170,124 (15.0%) 0.40 356
    2020-07-01 $137,450 (12.2%) $169,379 (12.0%) 0.40 291
    2020-08-01 $135,000 (12.5%) $167,279 (11.1%) 0.39 279
    2020-09-01 $142,100 (18.4%) $180,815 (19.5%) 0.41 264
    2020-10-01 $149,900 (24.9%) $184,503 (21.4%) 0.43 279
    2020-11-01 $145,000 (11.6%) $181,726 (15.1%) 0.42 252
    2020-12-01 $144,000 (6.7%) $184,724 (14.0%) 0.43 254
    2021-01-01 $144,950 (7.4%) $185,940 (15.9%) 0.43 236
    2021-02-01 $138,875 (2.9%) $179,597 (11.8%) 0.40 228
    2021-03-01 $122,850 (-7.3%) $171,325 (7.4%) 0.35 217
    2021-04-01 $119,975 (-11.1%) $163,593 (0.7%) 0.32 208
    2021-05-01 $110,000 (-18.5%) $166,599 (2.0%) 0.29 193
    2021-06-01 $127,475 (-7.2%) $167,394 (-1.6%) 0.34 193
    2021-07-01 $133,500 (-2.9%) $168,435 (-0.6%) 0.35 210
    2021-08-01 $126,525 (-6.3%) $163,146 (-2.5%) 0.34 225
    2021-09-01 $139,900 (-1.6%) $169,552 (-6.2%) 0.37 246
    2021-10-01 $139,900 (-6.7%) $166,621 (-9.7%) 0.37 212
    2021-11-01 $134,475 (-7.3%) $168,312 (-7.4%) 0.36 219
    2021-12-01 $117,500 (-18.4%) $152,919 (-17.2%) 0.32 221
    2022-01-01 $115,000 (-20.7%) $157,188 (-15.5%) 0.31 180
    2022-02-01 $129,200 (-7.0%) $195,534 (8.9%) 0.34 166
    2022-03-01 $139,000 (13.2%) $193,709 (13.1%) 0.35 166
    2022-04-01 $173,000 (44.2%) $210,329 (28.6%) 0.41 174
    2022-05-01 $173,725 (57.9%) $215,800 (29.5%) 0.40 177
    2022-06-01 $180,600 (41.7%) $222,729 (33.1%) 0.40 195
    2022-07-01 $189,900 (42.3%) $232,258 (37.9%) 0.43 230
    2022-08-01 $208,750 (65.0%) $235,817 (44.5%) 0.48 235
    2022-09-01 $199,925 (42.9%) $250,151 (47.5%) 0.47 247
    2022-10-01 $209,900 (50.0%) $238,467 (43.1%) 0.49 249
    2022-11-01 $223,500 (66.2%) $242,190 (43.9%) 0.54 260
    2022-12-01 $199,900 (70.1%) $230,487 (50.7%) 0.49 253
    2023-01-01 $189,900 (65.1%) $225,423 (43.4%) 0.47 235
    2023-02-01 $172,350 (33.4%) $233,076 (19.2%) 0.42 240
    2023-03-01 $199,675 (43.7%) $251,808 (30.0%) 0.47 200
    2023-04-01 $219,900 (27.1%) $257,606 (22.5%) 0.51 186
    2023-05-01 $217,625 (25.3%) $285,819 (32.5%) 0.49 179
    2023-06-01 $227,450 (25.9%) $308,485 (38.5%) 0.51 193
    2023-07-01 $225,000 (18.5%) $293,619 (26.4%) 0.51 216
    2023-08-01 $212,675 (1.9%) $290,822 (23.3%) 0.49 250
    2023-09-01 $213,000 (6.5%) $288,794 (15.5%) 0.50 272
    2023-10-01 $200,000 (-4.7%) $284,187 (19.2%) 0.47 262
    2023-11-01 $200,000 (-10.5%) $250,693 (3.5%) 0.48 279
    2023-12-01 $200,000 (0.1%) $245,141 (6.4%) 0.49 264
    2024-01-01 $200,000 (5.3%) $281,476 (24.9%) 0.49 239
    2024-02-01 $205,000 (18.9%) $267,991 (15.0%) 0.49 264
    2024-03-01 $177,500 (-11.1%) $243,262 (-3.4%) 0.42 334
    2024-04-01 $183,750 (-16.4%) $247,463 (-3.9%) 0.43 327
    2024-05-01 $164,900 (-24.2%) $245,898 (-14.0%) 0.37 354
    2024-06-01 $189,900 (-16.5%) $239,240 (-22.5%) 0.43 464
    2024-07-01 $191,563 (-14.9%) $238,428 (-18.8%) 0.44 405
    2024-08-01 $199,500 (-6.2%) $235,673 (-19.0%) 0.46 389
    2024-09-01 $199,950 (-6.1%) $239,043 (-17.2%) 0.47 394
    2024-10-01 $193,475 (-3.3%) $240,925 (-15.2%) 0.46 405
    ALBANY's median listing price for 2024-10-01 was $193,475, a difference of $-6,525 (-3.3%) versus the prior year and $-6,475 versus the prior month.

    ALBANY's median listing price comes in at 46% of the national average.

    ALBANY's average listing price for 2024-10-01 was $240,925, a difference of $-43,262 (-15.2%) versus the prior year and $1,882 versus the prior month.

    For the 2024-10-01 period, ALBANY had 405 MLS listings, a difference of 11 listings (3%) versus the prior month and 143 listings (55%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - ALBANY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 88 days 1,814 sqft
    2018-02-01 86 days 1,841 sqft
    2018-03-01 73 days 1,840 sqft
    2018-04-01 70 days 1,859 sqft
    2018-05-01 73 days 1,848 sqft
    2018-06-01 75 days 1,840 sqft
    2018-07-01 73 days 1,785 sqft
    2018-08-01 75 days 1,803 sqft
    2018-09-01 79 days 1,825 sqft
    2018-10-01 96 days 1,810 sqft
    2018-11-01 97 days 1,800 sqft
    2018-12-01 107 days 1,765 sqft
    2019-01-01 118 days 1,786 sqft
    2019-02-01 108 days 1,755 sqft
    2019-03-01 88 days 1,740 sqft
    2019-04-01 68 days 1,731 sqft
    2019-05-01 68 days 1,723 sqft
    2019-06-01 61 days 1,708 sqft
    2019-07-01 59 days 1,705 sqft
    2019-08-01 68 days 1,711 sqft
    2019-09-01 79 days 1,735 sqft
    2019-10-01 90 days 1,753 sqft
    2019-11-01 95 days 1,785 sqft
    2019-12-01 89 days 1,806 sqft
    2020-01-01 95 days 1,806 sqft
    2020-02-01 87 days 1,823 sqft
    2020-03-01 61 days 1,800 sqft
    2020-04-01 65 days 1,804 sqft
    2020-05-01 78 days 1,823 sqft
    2020-06-01 91 days 1,848 sqft
    2020-07-01 81 days 1,837 sqft
    2020-08-01 58 days 1,825 sqft
    2020-09-01 59 days 1,914 sqft
    2020-10-01 50 days 1,894 sqft
    2020-11-01 54 days 1,910 sqft
    2020-12-01 61 days 1,901 sqft
    2021-01-01 72 days 1,916 sqft
    2021-02-01 63 days 1,875 sqft
    2021-03-01 42 days 1,734 sqft
    2021-04-01 37 days 1,657 sqft
    2021-05-01 52 days 1,640 sqft
    2021-06-01 44 days 1,700 sqft
    2021-07-01 38 days 1,667 sqft
    2021-08-01 40 days 1,614 sqft
    2021-09-01 41 days 1,670 sqft
    2021-10-01 48 days 1,645 sqft
    2021-11-01 42 days 1,658 sqft
    2021-12-01 50 days 1,541 sqft
    2022-01-01 53 days 1,580 sqft
    2022-02-01 48 days 1,607 sqft
    2022-03-01 54 days 1,639 sqft
    2022-04-01 33 days 1,652 sqft
    2022-05-01 38 days 1,687 sqft
    2022-06-01 30 days 1,755 sqft
    2022-07-01 32 days 1,790 sqft
    2022-08-01 45 days 1,875 sqft
    2022-09-01 52 days 1,780 sqft
    2022-10-01 50 days 1,812 sqft
    2022-11-01 64 days 1,847 sqft
    2022-12-01 73 days 1,828 sqft
    2023-01-01 73 days 1,831 sqft
    2023-02-01 59 days 1,736 sqft
    2023-03-01 49 days 1,846 sqft
    2023-04-01 51 days 1,884 sqft
    2023-05-01 48 days 1,878 sqft
    2023-06-01 43 days 1,898 sqft
    2023-07-01 44 days 1,950 sqft
    2023-08-01 38 days 1,901 sqft
    2023-09-01 44 days 1,814 sqft
    2023-10-01 56 days 1,806 sqft
    2023-11-01 65 days 1,771 sqft
    2023-12-01 79 days 1,747 sqft
    2024-01-01 81 days 1,713 sqft
    2024-02-01 57 days 1,759 sqft
    2024-03-01 31 days 1,625 sqft
    2024-04-01 61 days 1,657 sqft
    2024-05-01 81 days 1,635 sqft
    2024-06-01 61 days 1,665 sqft
    2024-07-01 80 days 1,629 sqft
    2024-08-01 78 days 1,600 sqft
    2024-09-01 74 days 1,629 sqft
    2024-10-01 78 days 1,654 sqft
    ALBANY's median listing age (time on market) for 2024-10-01 was 78 days. This is 40% longer than the same period one year ago.

    ALBANY's median square footage for active listings during the 2024-10-01 period was 1,654 sqft. One year prior, the average listing was 1,806 sqft.

    ALBANY, GA Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    31701 Albany, GA MSA $680 $690 $810 $1,060 $1,290
    31702 Albany, GA MSA $730 $740 $870 $1,140 $1,390
    31703 Albany, GA MSA $730 $740 $870 $1,140 $1,390
    31704 Albany, GA MSA $730 $740 $870 $1,140 $1,390
    31705 Albany, GA MSA $670 $680 $800 $1,050 $1,270
    31706 Albany, GA MSA $730 $740 $870 $1,140 $1,390
    31707 Albany, GA MSA $890 $900 $1,060 $1,390 $1,690
    31708 Albany, GA MSA $730 $740 $870 $1,140 $1,390
    31712 Albany, GA MSA $700 $710 $840 $1,100 $1,340
    31714 Albany, GA MSA $640 $660 $770 $1,010 $1,230
    31721 Albany, GA MSA $880 $890 $1,050 $1,380 $1,670
    31743 Albany, GA MSA $880 $890 $1,050 $1,380 $1,680
    31744 Albany, GA MSA $640 $660 $770 $1,010 $1,230
    31763 Albany, GA MSA $850 $870 $1,020 $1,340 $1,630
    31764 Albany, GA MSA $920 $930 $1,100 $1,440 $1,750
    31768 Albany, GA MSA $700 $710 $840 $1,100 $1,340
    31771 Albany, GA MSA $700 $710 $840 $1,100 $1,340
    31772 Albany, GA MSA $700 $720 $840 $1,100 $1,340
    31775 Albany, GA MSA $640 $660 $770 $1,010 $1,230
    31781 Albany, GA MSA $770 $780 $920 $1,210 $1,470
    31782 Albany, GA MSA $730 $740 $870 $1,140 $1,390
    31787 Albany, GA MSA $830 $850 $1,000 $1,310 $1,590
    31789 Albany, GA MSA $860 $880 $1,030 $1,350 $1,640
    31791 Albany, GA MSA $680 $700 $820 $1,070 $1,310
    31795 Albany, GA MSA $740 $760 $890 $1,170 $1,420
    31796 Albany, GA MSA $640 $660 $770 $1,010 $1,230
    39826 Albany, GA MSA $650 $660 $780 $1,020 $1,240
    39842 Albany, GA MSA $640 $660 $770 $1,010 $1,230
    39862 Albany, GA MSA $640 $660 $770 $1,010 $1,230
    39877 Albany, GA MSA $640 $660 $770 $1,010 $1,230
    39885 Albany, GA MSA $910 $930 $1,090 $1,430 $1,740
    39886 Albany, GA MSA $640 $660 $770 $1,010 $1,230

    2022 Average & Median Rent Data Statistics
    ALBANY, GA average 1BR rent: $749, median: $730
    ALBANY, GA average 2BR rent: $880, median: $855
    ALBANY, GA average 3BR rent: $1,154, median: $1,120

    ALBANY, GA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,144 $232,950,000 $203,628
    Refi 358 $68,440,000 $191,173
    Cash Out Refi 227 $36,475,000 $160,683
    Other 129 $10,035,000 $77,791
    Home Improvement 74 $5,420,000 $73,243

    Albany's most frequently cited loan purpose was Home Purchase, with 1,144 originations. The 2nd most popular reason was Refi, with 358 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 574 $114,680,000 $199,791
    7-8% 375 $70,015,000 $186,707
    Over 8% 322 $36,160,000 $112,298
    5-6% 223 $48,425,000 $217,152
    <2.5% 18 $26,530,000 $1,473,889
    4-5% 15 $6,895,000 $459,667
    3-4% 4 $360,000 $90,000
    2.5-3% 1 $225,000 $225,000

    During 2023, Albany's most frequently originated rate bucket was 6-7%, with 574 originations.

    Loan Sizing (ALBANY, GA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 671 $98,985,000 $147,519
    $100,000 or less 663 $35,575,000 $53,658
    $200k-400k 508 $138,070,000 $271,791
    $400k-600k 69 $32,215,000 $466,884
    $600k-1000k 12 $8,530,000 $710,833
    $Over $1MM 9 $39,945,000 $4,438,333

    ALBANY's loan sizing saw the bucket of loans from $100k-200k with 671 originations, totaling $98,985,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 798 $171,700,000 $215,163
    60-80% 316 $60,010,000 $189,905
    20-40% 135 $11,385,000 $84,333
    Under 20% 123 $4,645,000 $37,764
    40-60% 120 $19,230,000 $160,250
    Over 100% 32 $34,830,000 $1,088,438

    ALBANY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 798 originations, totaling $171,700,000 in origination value.