ALBANY Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Albany averaged 6.97% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

The average rate for the prior week (2023-09-14) was 6.86% and one month ago for the week of 2023-08-17, the average rate was 6.97%.

Albany's average rate one year ago was 5.9%.

For refis of the same type during the week of 2023-09-21, the average rate was 6.99%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-21 7.19%
Albany 30 Year Fixed Rate 2023-09-21 6.97%
Albany 30 Year Fixed Rate Refi 2023-09-21 6.99%
Albany 15 Year Fixed Rate 2023-09-21 6.44%
Albany 15 Year Fixed Rate Refi 2023-09-21 6.74%
Albany 30 Year FHA 2023-09-21 6.48%
Albany 30 Year FHA Refi 2023-09-21 7.14%
Albany 30 Year USDA 2023-09-21 7.12%
Albany 30 Year USDA Refi 2023-09-21 7.02%
Albany 30 Year VA 2023-09-21 6.62%
Albany 30 Year VA Refi 2023-09-21 6.62%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 88 4.72% $6,122
Flagstar Bank, FSB 63 5.07% $4,954
Colony Bank 47 5.10% $3,763
NAVY FEDERAL CREDIT UNION 39 5.34% $3,737
Ameris Bank 28 4.97% $5,106
Renasant Bank 27 5.14% $3,682
UNITED WHOLESALE MORTGAGE, LLC 22 4.96% $7,208
BROKER SOLUTIONS, INC. 19 5.35% $6,868
Capital City Home Loans, LLC 17 4.85% $4,924
Wells Fargo Bank 17 5.15% $3,767
Truist 12 5.25% $4,244
LOANDEPOT.COM, LLC 12 4.73% $6,430
Mr. Cooper ( Nationstar Mortgage ) 9 5.55% $6,428
Mortgage Research Center, LLC 8 5.11% $2,378
JPMorgan Chase Bank 8 4.95% $4,565
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 4.20% $5,126
AMERISAVE MORTGAGE CORPORATION 7 3.73% $5,951
GEORGIA'S OWN 6 5.27% $3,786
Synovus Bank 6 4.69% $5,119
Regions Bank 6 5.13% $4,376
ANGEL OAK HOME LOANS LLC 6 6.02% $6,042
PENNYMAC LOAN SERVICES, LLC 6 5.29% $6,057
BETTER MORTGAGE CORPORATION 4 5.06% $5,068
USAA Federal Savings Bank 3 5.79% $4,291
NATIONS DIRECT MORTGAGE, LLC 3 5.92% $10,500
ZILLOW HOME LOANS, LLC 3 5.04% $6,270
PENTAGON FEDERAL CREDIT UNION 3 5.17% $3,573
ROYAL UNITED MORTGAGE LLC 3 6.38% $6,454
Ally Bank 3 4.25% $4,698
GUARANTEED RATE, INC. 3 4.91% $4,869
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 5.63% $4,466
NBKC BANK 2 4.25% $4,400
AgFirst Farm Credit Bank 2 3.94% $5,748
AMERICAN FINANCING CORPORATION 2 4.56% $3,102
ATLANTA POSTAL 2 5.94% $4,490
Bank of America 2 4.63% $3,621
BANKSOUTH MORTGAGE COMPANY, LLC 2 6.13% $6,393
Carrington Mortgage Services, LLC 2 4.00% $4,463
Chicago Mortgage Solutions LLC 2 3.95% $3,532
Deere Employees Credit Union 2 2.75% $3,079
First Federal Bank 2 4.88% $4,009
FREEDOM MORTGAGE CORPORATION 2 6.06% $5,202
GEORGIA UNITED 2 6.06% $2,633
HOMESIDE FINANCIAL, LLC 2 4.68% $3,495
HOMESTAR FINANCIAL CORPORATION 2 4.00% $3,433
LAKEVIEW LOAN SERVICING, LLC 2 5.31% $3,457
NEWREZ LLC 2 5.63% $5,408
SOUTHEAST MORTGAGE OF GEORGIA, INC. 2 5.13% $6,372
South State Bank 2 3.75% $3,078
TOWNE MORTGAGE COMPANY 2 5.75% $5,157
UNION HOME MORTGAGE CORP. 2 4.63% $6,372
U.S. Bank 2 4.56% $2,719
VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.50% $5,779
MEMBER FIRST MORTGAGE, LLC 1 3.50% $8,452
Metro City Bank 1 4.38% $6,872
MORTGAGE INVESTORS GROUP, INC. 1 7.00% $4,676
GENEVA FINANCIAL, LLC 1 5.50% $3,515
MOVEMENT MORTGAGE, LLC 1 6.50% $7,054
EMM LOANS LLC 1 4.99% $4,265
DIGITAL Federal Credit Union 1 5.00% $3,425
Nations Lending Corporation 1 6.99% $4,936
DELTA COMMUNITY CREDIT UNION 1 4.63% $2,349
21ST MORTGAGE CORPORATION 1 6.25% $5,526
Arvest Bank 1 3.88% $6,390
NexBank 1 3.88% $2,940
Northpointe Bank 1 3.75% $8,777
DAS Acquisition Company, LLC 1 7.38% $5,483
CROSSCOUNTRY MORTGAGE, LLC 1 5.99% $5,770
PREMIA MORTGAGE, LLC 1 6.25% $5,900
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.88% $3,449
Prosperity Home Mortgage, LLC 1 4.00% $3,136
PROVIDENT FUNDING ASSOCIATES, L.P. 1 3.63% $2,955
CERTAINTY HOME LOANS, LLC 1 5.75% $3,325
CARDINAL FINANCIAL 1 3.50% $8,614
CANOPY MORTGAGE, LLC 1 6.88% $3,080
ROBINS FINANCIAL 1 3.88% $2,890
CAMPUS USA 1 5.13% $3,233
RUOFF MORTGAGE COMPANY, INC. 1 5.25% $3,979
SECURITYNATIONAL MORTGAGE COMPANY 1 4.38% $6,112
Simmons Bank 1 5.00% $2,655
SOUTHEASTERN Credit Union 1 3.35% $13
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.88% $3,507
SOUTHPOINT FINANCIAL SERVICES, INC. 1 5.75% $1,747
AMERICAN FINANCIAL RESOURCES, INC. 1 6.63% $5,043
SOVEREIGN LENDING GROUP INCORPORATED 1 5.62% $7,665
STATE EMPLOYEES' 1 5.88% $3,129
Stifel Bank and Trust 1 3.63% $2,422
Bell Bank 1 5.99% $3,758
The Huntington National Bank 1 4.13% $3,616
Towne Bank 1 5.88% $6,261
ACOPIA, LLC 1 3.50% $5,335
GUARANTY HOME MORTGAGE CORPORATION 1 5.38% $8,063
GUIDANCE RESIDENTIAL, LLC 1 3.50% $2,767
Baxter Credit Union 1 5.88% $3,090
UIF CORPORATION 1 3.63% $5,125
GUARANTEED RATE AFFINITY, LLC 1 3.55% $174
Lakeview Community Capital, LLC 1 2.88% $2,322
VYSTAR 1 4.38% $0
LAND HOME FINANCIAL SERVICES, INC. 1 4.25% $4,889
Grow Financial Federal Credit Union 1 5.88% $3,048
Magnolia Bank 1 5.25% $3,607

ALBANY Average Closing Costs & Other Stats

ALBANY, GA's 101 lenders originated 2,556 loans during 2022. The total origination value was $494,020,000, with an average loan value of $193,279.

ALBANY's average closing costs are $4,773.

The top ALBANY lender as defined by loan originations is QUICKEN LOANS, LLC, with 88 loans originated. Their average total fees are $6,122, which is $1,168 higher than the next largest lender, Flagstar Bank, FSB.

The lowest fee ALBANY lenders (with over 10 loans originated) are Renasant Bank ($3,682), NAVY FEDERAL CREDIT UNION ($3,737), Colony Bank ($3,763), Wells Fargo Bank ($3,767) and Truist ($4,244).

The lowest rate ALBANY lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (4.72%), LOANDEPOT.COM, LLC (4.73%), Capital City Home Loans, LLC (4.85%), UNITED WHOLESALE MORTGAGE, LLC (4.96%) and Ameris Bank (4.97%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Flagstar Bank, FSB $37,335,000 $61,920,000 65.8% 12.5%
QUICKEN LOANS, LLC $80,660,000 $41,530,000 -48.5% 8.4%
Flint Community Bank $20,700,000 $27,480,000 32.8% 5.6%
Colony Bank $36,350,000 $25,095,000 -31.0% 5.1%
Mortgage Research Center, LLC $24,335,000 $21,875,000 -10.1% 4.4%
NAVY FEDERAL CREDIT UNION $23,495,000 $19,940,000 -15.1% 4.0%
Georgia Community Bank $17,965,000 $18,825,000 4.8% 3.8%
Renasant Bank $26,840,000 $17,740,000 -33.9% 3.6%
Ameris Bank $23,085,000 $14,855,000 -35.7% 3.0%
Wells Fargo Bank $32,205,000 $14,795,000 -54.1% 3.0%
UNITED WHOLESALE MORTGAGE, LLC $14,930,000 $14,490,000 -2.9% 2.9%
Synovus Bank $16,505,000 $13,365,000 -19.0% 2.7%
BROKER SOLUTIONS, INC. $17,160,000 $12,025,000 -29.9% 2.4%
PeoplesSouth Bank $4,770,000 $10,265,000 115.2% 2.1%
Merchants Bank of Indiana $15,815,000 $10,220,000 -35.4% 2.1%
Truist $10,555,000 $8,780,000 -16.8% 1.8%
LOANDEPOT.COM, LLC $9,760,000 $7,185,000 -26.4% 1.5%
Capital City Home Loans, LLC $7,070,000 $7,080,000 0.1% 1.4%
EvaBank $55,000 $6,010,000 10,827.3% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $7,625,000 $5,520,000 -27.6% 1.1%
PENNYMAC LOAN SERVICES, LLC $10,595,000 $4,995,000 -52.9% 1.0%
AMERISAVE MORTGAGE CORPORATION $4,840,000 $4,585,000 -5.3% 0.9%
SOUTHPOINT FINANCIAL SERVICES, INC. $6,915,000 $4,205,000 -39.2% 0.9%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $24,420,000 $4,030,000 -83.5% 0.8%
FREEDOM MORTGAGE CORPORATION $13,800,000 $3,690,000 -73.3% 0.7%
SunMark Community Bank $155,000 $3,655,000 2,258.1% 0.7%
HOMESTAR FINANCIAL CORPORATION $3,595,000 $3,410,000 -5.1% 0.7%
JPMorgan Chase Bank $2,675,000 $3,400,000 27.1% 0.7%
USAA Federal Savings Bank $4,250,000 $2,520,000 -40.7% 0.5%
GEORGIA'S OWN $3,560,000 $2,475,000 -30.5% 0.5%
LAND HOME FINANCIAL SERVICES, INC. $1,000,000 $2,470,000 147.0% 0.5%
First State Bank of Blakely, Inc. $2,250,000 $2,445,000 8.7% 0.5%
MORTGAGE SOLUTIONS OF COLORADO, LLC $2,435,000 n/a 0.5%
Regions Bank $4,230,000 $2,150,000 -49.2% 0.4%
LAKEVIEW LOAN SERVICING, LLC $4,030,000 $2,075,000 -48.5% 0.4%
CALIBER HOME LOANS, INC. $4,165,000 $1,955,000 -53.1% 0.4%
PENTAGON FEDERAL CREDIT UNION $1,540,000 $1,910,000 24.0% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,540,000 $1,765,000 -30.5% 0.4%
NEWREZ LLC $3,455,000 $1,720,000 -50.2% 0.3%
Carrington Mortgage Services, LLC $1,975,000 $1,615,000 -18.2% 0.3%
Bank of America $750,000 $1,585,000 111.3% 0.3%
PLANTERS FIRST BANK $1,085,000 $1,580,000 45.6% 0.3%
GUARANTEED RATE, INC. $1,530,000 $1,575,000 2.9% 0.3%
ZILLOW HOME LOANS, LLC $235,000 $1,575,000 570.2% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $1,330,000 $1,530,000 15.0% 0.3%
ANGEL OAK HOME LOANS LLC $1,825,000 $1,515,000 -17.0% 0.3%
The Federal Savings Bank $1,405,000 $1,470,000 4.6% 0.3%
Equity Prime Mortgage LLC $250,000 $1,430,000 472.0% 0.3%
HOME POINT FINANCIAL CORPORATION $2,070,000 $1,430,000 -30.9% 0.3%
MEMBER FIRST MORTGAGE, LLC $875,000 $1,375,000 57.1% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,270,000 $1,365,000 7.5% 0.3%
BETTER MORTGAGE CORPORATION $3,035,000 $1,275,000 -58.0% 0.3%
VILLAGE CAPITAL MORTGAGE $2,800,000 $1,220,000 -56.4% 0.2%
TRIAD FINANCIAL SERVICES, INC. $870,000 $1,215,000 39.7% 0.2%
NATIONS DIRECT MORTGAGE, LLC $1,155,000 n/a 0.2%
MILEND, INC. $75,000 $1,145,000 1,426.7% 0.2%
Ally Bank $165,000 $1,105,000 569.7% 0.2%
NEW DAY FINANCIAL, LLC $3,165,000 $1,085,000 -65.7% 0.2%
GENEVA FINANCIAL, LLC $1,300,000 $1,010,000 -22.3% 0.2%
LENDINGHOME FUNDING CORPORATION $215,000 $975,000 353.5% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $555,000 $970,000 74.8% 0.2%
21ST MORTGAGE CORPORATION $2,300,000 $925,000 -59.8% 0.2%
First Guaranty Mortgage Corporation $1,475,000 $925,000 -37.3% 0.2%
The First, A National Banking Association $230,000 $920,000 300.0% 0.2%
Metro City Bank $315,000 $895,000 184.1% 0.2%
South State Bank $3,255,000 $895,000 -72.5% 0.2%
Northpointe Bank $890,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $805,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $1,300,000 $800,000 -38.5% 0.2%
AMERICAN FINANCING CORPORATION $655,000 $775,000 18.3% 0.2%
NBKC BANK $665,000 $775,000 16.5% 0.2%
UNION HOME MORTGAGE CORP. $540,000 $770,000 42.6% 0.2%
BANKSOUTH MORTGAGE COMPANY, LLC $225,000 $730,000 224.4% 0.1%
EVERETT FINANCIAL, INC. $175,000 $725,000 314.3% 0.1%
HOMESIDE FINANCIAL, LLC $1,835,000 $685,000 -62.7% 0.1%
MOVEMENT MORTGAGE, LLC $665,000 $655,000 -1.5% 0.1%
CityWorth Mortgage LLC $640,000 n/a 0.1%
NFM, INC. $640,000 n/a 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $485,000 $625,000 28.9% 0.1%
Paramount Residential Mortgage Group, Inc. $495,000 $615,000 24.2% 0.1%
TOWNE MORTGAGE COMPANY $615,000 n/a 0.1%
COUNTRYPLACE MORTGAGE, LTD. $75,000 $600,000 700.0% 0.1%
ATLANTA POSTAL $170,000 $580,000 241.2% 0.1%
ACOPIA, LLC $1,330,000 $575,000 -56.8% 0.1%
CERTAINTY HOME LOANS, LLC $155,000 $575,000 271.0% 0.1%
Lakeview Community Capital, LLC $1,000,000 $555,000 -44.5% 0.1%
First Federal Bank $450,000 $545,000 21.1% 0.1%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $535,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $515,000 n/a 0.1%
Nations Lending Corporation $705,000 $505,000 -28.4% 0.1%
Magnolia Bank $155,000 $500,000 222.6% 0.1%
Discover Bank $190,000 $485,000 155.3% 0.1%
EMM LOANS LLC $485,000 n/a 0.1%
CIVIC FINANCIAL SERVICES, LLC $235,000 $475,000 102.1% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $470,000 n/a 0.1%
Bank of England $520,000 $470,000 -9.6% 0.1%
Deere Employees Credit Union $465,000 n/a 0.1%
TC FEDERAL BANK $45,000 $455,000 911.1% 0.1%
Chicago Mortgage Solutions LLC $405,000 $450,000 11.1% 0.1%
CANOPY MORTGAGE, LLC $430,000 n/a 0.1%
RESIDENTIAL BANCORP. $425,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $205,000 $400,000 95.1% 0.1%
CLEARPATH LENDING $500,000 $400,000 -20.0% 0.1%
North American Savings Bank, F.S.B. $205,000 $395,000 92.7% 0.1%
GUARANTEED RATE AFFINITY, LLC $245,000 $390,000 59.2% 0.1%
AgFirst Farm Credit Bank $675,000 $380,000 -43.7% 0.1%
Commercial Banking Company $200,000 $375,000 87.5% 0.1%
Stifel Bank and Trust $375,000 n/a 0.1%
T2 FINANCIAL LLC $375,000 n/a 0.1%
MORTGAGE INVESTORS GROUP, INC. $2,865,000 $360,000 -87.4% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $605,000 $360,000 -40.5% 0.1%
HomePromise Corporation $355,000 n/a 0.1%
Alcova Mortgage LLC $345,000 n/a 0.1%
Peoples Bank $95,000 $335,000 252.6% 0.1%
Thomasville National Bank $55,000 $330,000 500.0% 0.1%
Morris Bank $470,000 $325,000 -30.9% 0.1%
ROBINS FINANCIAL $55,000 $320,000 481.8% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $325,000 $315,000 -3.1% 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $310,000 $315,000 1.6% 0.1%
RELIANCE FIRST CAPITAL, LLC $445,000 $300,000 -32.6% 0.1%
U.S. Bank $1,735,000 $300,000 -82.7% 0.1%
AmeriHome Mortgage Company, LLC $280,000 $295,000 5.4% 0.1%
PREMIA MORTGAGE, LLC $295,000 n/a 0.1%
BAY EQUITY LLC $285,000 n/a 0.1%
PANORAMA MORTGAGE GROUP, LLC $280,000 n/a 0.1%
First Federal Bank of Kansas City $265,000 n/a 0.1%
SOUTHEASTERN Credit Union $120,000 $265,000 120.8% 0.1%
Century Mortgage Company DBA Century Lending Company $255,000 n/a 0.1%
SPRING EQ, LLC $35,000 $250,000 614.3% 0.1%
SUMMIT FUNDING, INC. $120,000 $245,000 104.2% 0.0%
UIF CORPORATION $215,000 $245,000 14.0% 0.0%
LEADERONE FINANCIAL CORPORATION $240,000 n/a 0.0%
The Peoples Bank of Georgia $235,000 $240,000 2.1% 0.0%
First Home Bank $235,000 n/a 0.0%
FLAT BRANCH MORTGAGE, INC. $235,000 n/a 0.0%
STEARNS LENDING, LLC $1,460,000 $235,000 -83.9% 0.0%
Towne Bank $235,000 n/a 0.0%
Hometown Equity Mortgage, LLC $350,000 $230,000 -34.3% 0.0%
Figure Lending LLC $135,000 $225,000 66.7% 0.0%
Prosperity Home Mortgage, LLC $55,000 $225,000 309.1% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $1,645,000 $225,000 -86.3% 0.0%
LIBERTY HOME MORTGAGE CORPORATION $220,000 $220,000 0.0% 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $145,000 $210,000 44.8% 0.0%
Arvest Bank $215,000 $205,000 -4.7% 0.0%
HAMILTON HOME LOANS, INC. $205,000 n/a 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $205,000 n/a 0.0%
LENDINGONE, LLC $85,000 $200,000 135.3% 0.0%
TOP FLITE FINANCIAL, INC. $200,000 n/a 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $195,000 n/a 0.0%
FIRST COMMERCE CREDIT UNION $195,000 n/a 0.0%
GUARANTY HOME MORTGAGE CORPORATION $385,000 $195,000 -49.4% 0.0%
AMERICAN ADVISORS GROUP $245,000 $190,000 -22.4% 0.0%
BAY CAPITAL MORTGAGE CORPORATION $190,000 n/a 0.0%
DIGITAL Federal Credit Union $185,000 n/a 0.0%
GUIDANCE RESIDENTIAL, LLC $185,000 n/a 0.0%
OPEN MORTGAGE, LLC $115,000 $185,000 60.9% 0.0%
Mid-Continent Funding, Inc. $800,000 $175,000 -78.1% 0.0%
STATE EMPLOYEES' $175,000 n/a 0.0%
Baxter Credit Union $165,000 n/a 0.0%
CMG MORTGAGE, INC. $575,000 $165,000 -71.3% 0.0%
Colten Mortgage, LLC $125,000 $165,000 32.0% 0.0%
CSL Financial, LLC $155,000 n/a 0.0%
First National Bank of America $185,000 $155,000 -16.2% 0.0%
Simmons Bank $155,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $270,000 $150,000 -44.4% 0.0%
AMWEST FUNDING CORP. $145,000 n/a 0.0%
CIS Financial Services, Inc. $145,000 n/a 0.0%
DELTA COMMUNITY CREDIT UNION $145,000 n/a 0.0%
Farmers & Merchants Bank $145,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,555,000 $145,000 -90.7% 0.0%
CREDIT UNION OF GEORGIA $215,000 $140,000 -34.9% 0.0%
Quontic Bank $135,000 n/a 0.0%
The Huntington National Bank $135,000 n/a 0.0%
THE MORTGAGE FIRM, INC. $245,000 $135,000 -44.9% 0.0%
VYSTAR $135,000 n/a 0.0%
PNC Bank $960,000 $130,000 -86.5% 0.0%
M&T Bank $220,000 $125,000 -43.2% 0.0%
Paramount Bank $125,000 n/a 0.0%
GEORGIA UNITED $35,000 $120,000 242.9% 0.0%
ITHINK FINANCIAL Credit Union $365,000 $120,000 -67.1% 0.0%
Bell Bank $115,000 n/a 0.0%
Home State Bank $115,000 n/a 0.0%
LOANPAL, LLC $115,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $265,000 $115,000 -56.6% 0.0%
Third Federal Savings and Loan Association of Cleveland $290,000 $115,000 -60.3% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $105,000 n/a 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $105,000 n/a 0.0%
First Internet Bank of Indiana $205,000 $105,000 -48.8% 0.0%
NexBank $105,000 n/a 0.0%
A&D Mortgage LLC $95,000 n/a 0.0%
Axos Bank $395,000 $95,000 -75.9% 0.0%
STOCKTON MORTGAGE CORPORATION $155,000 $95,000 -38.7% 0.0%
Tyndall Federal Credit Union $95,000 n/a 0.0%
DAS Acquisition Company, LLC $85,000 n/a 0.0%
PEACH STATE FEDERAL CREDIT UNION $85,000 n/a 0.0%
AMERICAN HERITAGE LENDING, INC. $75,000 n/a 0.0%
RBC Bank, (Georgia) $75,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $515,000 $75,000 -85.4% 0.0%
UNIVERSITY LENDING GROUP, LLC $75,000 n/a 0.0%
Bethpage Federal Credit Union $80,000 $65,000 -18.8% 0.0%
FINANCE OF AMERICA REVERSE LLC $65,000 n/a 0.0%
ALLIANT CREDIT UNION $55,000 $55,000 0.0% 0.0%
CAMPUS USA $55,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $95,000 $55,000 -42.1% 0.0%
TOWER $55,000 n/a 0.0%
Grow Financial Federal Credit Union $45,000 n/a 0.0%
PrimeSouth Bank $45,000 $25,000 -44.4% 0.0%
1st Franklin Financial Corporation $15,000 n/a 0.0%
GENISYS $200,000 $15,000 -92.5% 0.0%
MID AMERICA MORTGAGE, INC. $390,000 $5,000 -98.7% 0.0%

ALBANY's top lender by overall market share is Flagstar Bank, FSB, with 12.5% market share. In second place, with 8.4%, is QUICKEN LOANS, LLC, having originated $41,530,000 in loans. In third place, with 5.6%, is Flint Community Bank, having originated $27,480,000 in loans. In fourth place, with 5.1%, is Colony Bank, having originated $25,095,000 in loans. In fifth place, with 4.4%, is Mortgage Research Center, LLC, having originated $21,875,000 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%) 0.43 581
2018-03-01 $124,000 (7.4%) $154,431 (8.6%) 0.43 603
2018-04-01 $129,900 (10.7%) $161,849 (9.3%) 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 $126,975 (-0.6%) $155,770 (-3.1%) 0.43 609
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%) 0.41 494
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%) 0.38 487
2019-04-01 $118,479 (-8.8%) $149,058 (-7.9%) 0.36 498
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%) 0.35 538
2019-07-01 $122,500 (0.0%) $151,270 (-3.0%) 0.38 583
2019-08-01 $119,950 (-7.0%) $150,577 (-4.5%) 0.38 595
2019-09-01 $119,950 (-4.0%) $151,191 (-3.1%) 0.38 565
2019-10-01 $119,950 (-5.5%) $151,802 (-2.6%) 0.39 528
2019-11-01 $129,425 (5.7%) $157,693 (3.2%) 0.42 488
2019-12-01 $134,950 (13.9%) $161,718 (8.5%) 0.45 457
2020-01-01 $134,275 (14.9%) $160,107 (8.2%) 0.46 421
2020-02-01 $135,000 (16.1%) $160,393 (9.3%) 0.44 432
2020-03-01 $131,950 (11.5%) $159,265 (7.5%) 0.43 449
2020-04-01 $134,900 (13.9%) $162,162 (8.8%) 0.43 432
2020-05-01 $135,000 (16.4%) $163,444 (10.2%) 0.42 408
2020-06-01 $137,425 (18.0%) $170,244 (15.1%) 0.41 358
2020-07-01 $138,075 (12.7%) $169,935 (12.3%) 0.40 292
2020-08-01 $135,000 (12.6%) $167,876 (11.5%) 0.39 280
2020-09-01 $142,350 (18.7%) $181,373 (20.0%) 0.42 266
2020-10-01 $149,900 (25.0%) $184,503 (21.5%) 0.44 280
2020-11-01 $145,000 (12.0%) $181,726 (15.2%) 0.42 252
2020-12-01 $144,000 (6.7%) $184,724 (14.2%) 0.43 254
2021-01-01 $144,950 (8.0%) $185,940 (16.1%) 0.43 236
2021-02-01 $138,875 (2.9%) $179,597 (12.0%) 0.42 228
2021-03-01 $122,850 (-6.9%) $171,325 (7.6%) 0.36 217
2021-04-01 $119,975 (-11.1%) $163,593 (0.9%) 0.33 208
2021-05-01 $110,000 (-18.5%) $166,599 (1.9%) 0.30 193
2021-06-01 $127,475 (-7.2%) $167,394 (-1.7%) 0.35 193
2021-07-01 $133,500 (-3.3%) $168,435 (-0.9%) 0.38 210
2021-08-01 $126,525 (-6.3%) $163,146 (-2.8%) 0.35 226
2021-09-01 $139,900 (-1.7%) $169,552 (-6.5%) 0.38 246
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%) 0.37 219
2021-12-01 $117,500 (-18.4%) $152,919 (-17.2%) 0.33 221
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%) 0.33 166
2022-03-01 $139,000 (13.2%) $193,709 (13.1%) 0.34 166
2022-04-01 $173,000 (44.2%) $210,329 (28.6%) 0.40 174
2022-05-01 $173,725 (57.9%) $215,800 (29.5%) 0.38 177
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%) 0.41 230
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%) 0.00 247
2022-10-01 $209,900 (50.0%) $238,936 (43.4%) 0.00 249
2022-11-01 $225,250 (67.5%) $242,569 (44.1%) 0.00 261
2022-12-01 $199,900 (70.1%) $230,884 (51.0%) 0.00 254
2023-01-01 $189,900 (65.1%) $225,633 (43.5%) 0.00 236
2023-02-01 $172,350 (33.4%) $233,269 (19.3%) 0.00 240
2023-03-01 $199,788 (43.7%) $252,833 (30.5%) 0.00 201
2023-04-01 $219,900 (27.1%) $257,606 (22.5%) 0.00 187
2023-05-01 $217,750 (25.3%) $286,173 (32.6%) 0.00 178
2023-06-01 $227,475 (26.0%) $309,120 (38.8%) 0.00 192
2023-07-01 $225,000 (18.5%) $293,619 (26.4%) 0.00 216
2023-08-01 $212,675 (1.9%) $290,822 (23.3%) 0.00 250
ALBANY's median listing price for 2023-08-01 was $212,675, a difference of $3,925 (1.9%) versus the prior year and $-12,325 versus the prior month.

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

ALBANY's average listing price for 2023-08-01 was $290,822, a difference of $55,005 (23.3%) versus the prior year and $-2,797 versus the prior month.

For the 2023-08-01 period, ALBANY had 250 MLS listings, a difference of 34 listings (16%) versus the prior month and 15 listings (6%) 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
2018-01-01 106 days 1,815 sqft
2018-02-01 106 days 1,841 sqft
2018-03-01 97 days 1,840 sqft
2018-04-01 88 days 1,866 sqft
2018-05-01 88 days 1,848 sqft
2018-06-01 92 days 1,840 sqft
2018-07-01 86 days 1,785 sqft
2018-08-01 94 days 1,803 sqft
2018-09-01 92 days 1,825 sqft
2018-10-01 103 days 1,810 sqft
2018-11-01 123 days 1,800 sqft
2018-12-01 124 days 1,765 sqft
2019-01-01 129 days 1,783 sqft
2019-02-01 125 days 1,755 sqft
2019-03-01 97 days 1,737 sqft
2019-04-01 74 days 1,725 sqft
2019-05-01 74 days 1,721 sqft
2019-06-01 72 days 1,708 sqft
2019-07-01 68 days 1,705 sqft
2019-08-01 79 days 1,711 sqft
2019-09-01 87 days 1,734 sqft
2019-10-01 95 days 1,752 sqft
2019-11-01 105 days 1,784 sqft
2019-12-01 98 days 1,806 sqft
2020-01-01 103 days 1,805 sqft
2020-02-01 97 days 1,822 sqft
2020-03-01 67 days 1,800 sqft
2020-04-01 69 days 1,804 sqft
2020-05-01 80 days 1,823 sqft
2020-06-01 91 days 1,843 sqft
2020-07-01 86 days 1,837 sqft
2020-08-01 64 days 1,826 sqft
2020-09-01 64 days 1,911 sqft
2020-10-01 53 days 1,893 sqft
2020-11-01 55 days 1,910 sqft
2020-12-01 65 days 1,901 sqft
2021-01-01 78 days 1,916 sqft
2021-02-01 74 days 1,875 sqft
2021-03-01 47 days 1,734 sqft
2021-04-01 41 days 1,657 sqft
2021-05-01 51 days 1,640 sqft
2021-06-01 48 days 1,700 sqft
2021-07-01 42 days 1,667 sqft
2021-08-01 43 days 1,609 sqft
2021-09-01 43 days 1,670 sqft
2021-10-01 50 days 1,645 sqft
2021-11-01 45 days 1,658 sqft
2021-12-01 48 days 1,541 sqft
2022-01-01 51 days 1,580 sqft
2022-02-01 47 days 1,607 sqft
2022-03-01 56 days 1,639 sqft
2022-04-01 34 days 1,652 sqft
2022-05-01 38 days 1,687 sqft
2022-06-01 29 days 1,755 sqft
2022-07-01 32 days 1,790 sqft
2022-08-01 45 days 1,875 sqft
2022-09-01 0 days 1,780 sqft
2022-10-01 0 days 1,812 sqft
2022-11-01 0 days 1,848 sqft
2022-12-01 0 days 1,829 sqft
2023-01-01 0 days 1,831 sqft
2023-02-01 0 days 1,736 sqft
2023-03-01 0 days 1,853 sqft
2023-04-01 0 days 1,884 sqft
2023-05-01 0 days 1,882 sqft
2023-06-01 0 days 1,905 sqft
2023-07-01 0 days 1,950 sqft
2023-08-01 0 days 1,901 sqft
ALBANY's median listing age (time on market) for 2023-08-01 was 0 days. This is -100% shorter than the same period one year ago.

ALBANY's median square footage for active listings during the 2023-08-01 period was 1,901 sqft. One year prior, the average listing was 1,875 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 $620 $640 $750 $970 $1,180
31702 Albany, GA $660 $680 $800 $1,040 $1,260
31703 Albany, GA $660 $680 $800 $1,040 $1,260
31704 Albany, GA $660 $680 $800 $1,040 $1,260
31705 Albany, GA $620 $650 $760 $990 $1,190
31706 Albany, GA $660 $680 $800 $1,040 $1,260
31707 Albany, GA $800 $830 $970 $1,260 $1,520
31708 Albany, GA $660 $680 $800 $1,040 $1,260
31712 Albany, GA $630 $660 $770 $1,000 $1,210
31714 Albany, GA $580 $600 $700 $920 $1,120
31721 Albany, GA $800 $830 $970 $1,260 $1,520
31743 Albany, GA $770 $800 $940 $1,220 $1,480
31744 Albany, GA $580 $600 $700 $920 $1,120
31763 Albany, GA $790 $820 $960 $1,240 $1,510
31764 Albany, GA $790 $820 $960 $1,240 $1,510
31768 Albany, GA $630 $660 $770 $1,000 $1,210
31771 Albany, GA $580 $600 $700 $920 $1,120
31772 Albany, GA $640 $660 $780 $1,010 $1,230
31775 Albany, GA $580 $600 $700 $920 $1,120
31781 Albany, GA $680 $710 $830 $1,080 $1,300
31782 Albany, GA $660 $680 $800 $1,040 $1,260
31787 Albany, GA $630 $660 $780 $1,010 $1,160
31789 Albany, GA $720 $750 $880 $1,140 $1,380
31791 Albany, GA $620 $650 $760 $990 $1,190
31795 Albany, GA $670 $700 $820 $1,060 $1,290
31796 Albany, GA $580 $600 $710 $920 $1,120
39826 Albany, GA $660 $680 $800 $1,040 $1,260
39842 Albany, GA $580 $600 $700 $920 $1,120
39862 Albany, GA $580 $600 $710 $920 $1,120
39877 Albany, GA $580 $600 $710 $920 $1,120
39885 Albany, GA $850 $880 $1,030 $1,340 $1,620
39886 Albany, GA $580 $600 $700 $920 $1,120

2022 Average & Median Rent Data Statistics
ALBANY, GA average 1BR rent: $684, median: $670
ALBANY, GA average 2BR rent: $802, median: $790
ALBANY, GA average 3BR rent: $1,043, median: $1,025

ALBANY, GA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,437 $293,965,000 $204,569
Refi 479 $109,425,000 $228,445
Cash Out Refi 427 $70,845,000 $165,913
Other 114 $10,340,000 $90,702
Home Improvement 98 $9,210,000 $93,980
NA 1 $235,000 $235,000

Albany's most frequently cited loan purpose was Home Purchase, with 1,437 originations. The 2nd most popular reason was Refi, with 479 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
4-5% 560 $122,760,000 $219,214
5-6% 545 $100,445,000 $184,303
3-4% 464 $118,320,000 $255,000
6-7% 264 $42,290,000 $160,189
2.5-3% 112 $20,000,000 $178,571
7-8% 91 $10,605,000 $116,538
Over 8% 66 $5,360,000 $81,212
<2.5% 53 $9,585,000 $180,849

During 2022, Albany's most frequently originated rate bucket was 4-5%, with 560 originations.

Loan Sizing (ALBANY, GA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 997 $145,075,000 $145,512
$100,000 or less 764 $44,810,000 $58,652
$200k-400k 685 $187,085,000 $273,117
$400k-600k 77 $34,925,000 $453,571
$600k-1000k 19 $13,755,000 $723,947
$Over $1MM 14 $68,370,000 $4,883,571

ALBANY's loan sizing saw the bucket of loans from $100k-200k with 997 originations, totaling $145,075,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,110 $229,750,000 $206,982
60-80% 559 $131,505,000 $235,250
40-60% 167 $33,985,000 $203,503
20-40% 153 $12,525,000 $81,863
Under 20% 102 $5,980,000 $58,627
Over 100% 52 $13,840,000 $266,154

ALBANY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,110 originations, totaling $229,750,000 in origination value.