ALBANY - LEBANON Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Albany - Lebanon averaged
6.58%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
6.61% and
one month ago for the week of 2024-10-03, the
average rate was 6.11%.
Albany - Lebanon's average rate one year ago was 7.65%.
For refis of the same type during the week of 2024-11-07, the average rate
was 6.89%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Albany - Lebanon 30 Year Fixed Rate | 2024-11-07 | 6.58% |
| Albany - Lebanon 30 Year Fixed Rate Refi | 2024-11-07 | 6.89% |
| Albany - Lebanon 15 Year Fixed Rate | 2024-11-07 | 5.8% |
| Albany - Lebanon 15 Year Fixed Rate Refi | 2024-11-07 | 6.2% |
| Albany - Lebanon 30 Year FHA | 2024-11-07 | 5.93% |
| Albany - Lebanon 30 Year FHA Refi | 2024-11-07 | 6.33% |
| Albany - Lebanon 30 Year USDA | 2024-11-07 | 6.48% |
| Albany - Lebanon 30 Year USDA Refi | 2024-11-07 | 6.58% |
| Albany - Lebanon 30 Year VA | 2024-11-07 | 6.12% |
| Albany - Lebanon 30 Year VA Refi | 2024-11-07 | 6.54% |
ALBANY - LEBANON 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-LEBANON, OR 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.).
ALBANY - LEBANON Average Closing Costs & Other Stats
ALBANY-LEBANON, OR's 110 lenders originated 2,302
loans during 2023. The total origination value was $952,500,000, with an average loan value of
$413,771.
ALBANY - LEBANON's average closing costs are $6,552.
The top ALBANY - LEBANON lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with
49 loans originated. Their average total fees are
$8,378, which is $199
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee ALBANY - LEBANON lenders (with over 10 loans originated) are
JPMorgan Chase Bank ($6,149), U.S. Bank ($6,232), Oregon State Credit Union ($6,321), EAGLE HOME MORTGAGE, LLC ($6,519) and KeyBank ($6,712).
The lowest rate ALBANY - LEBANON lenders (with over 10 loans originated) are
CALIBER HOME LOANS, INC. (6.12%), EAGLE HOME MORTGAGE, LLC (6.22%), ACADEMY MORTGAGE CORPORATION (6.47%), UNITED WHOLESALE MORTGAGE, LLC (6.47%) and SUMMIT FUNDING, INC. (6.54%).
ALBANY-LEBANON, OR 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 |
|---|---|---|---|---|
| JONES LANG LASALLE MULTIFAMILY, LLC | $359,090,000 | n/a | 37.7% | |
| UNITED WHOLESALE MORTGAGE, LLC | $26,505,000 | $32,300,000 | 21.9% | 3.4% |
| SUMMIT FUNDING, INC. | $33,610,000 | $28,170,000 | -16.2% | 3.0% |
| QUICKEN LOANS, LLC | $65,255,000 | $25,140,000 | -61.5% | 2.6% |
| MOVEMENT MORTGAGE, LLC | $44,895,000 | $24,185,000 | -46.1% | 2.5% |
| Umpqua Bank | $76,785,000 | $20,255,000 | -73.6% | 2.1% |
| Oregon State Credit Union | $33,045,000 | $17,635,000 | -46.6% | 1.9% |
| NEWREZ LLC | $5,140,000 | $17,120,000 | 233.1% | 1.8% |
| GUILD MORTGAGE COMPANY | $25,480,000 | $15,885,000 | -37.7% | 1.7% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $23,865,000 | $15,550,000 | -34.8% | 1.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $18,370,000 | $13,095,000 | -28.7% | 1.4% |
| ACADEMY MORTGAGE CORPORATION | $23,450,000 | $12,690,000 | -45.9% | 1.3% |
| LOANDEPOT.COM, LLC | $47,915,000 | $12,680,000 | -73.5% | 1.3% |
| U.S. Bank | $17,175,000 | $12,560,000 | -26.9% | 1.3% |
| CALIBER HOME LOANS, INC. | $61,115,000 | $12,545,000 | -79.5% | 1.3% |
| JPMorgan Chase Bank | $10,270,000 | $11,925,000 | 16.1% | 1.3% |
| MANN FINANCIAL INC. | $16,605,000 | $11,565,000 | -30.4% | 1.2% |
| KeyBank | $50,900,000 | $10,825,000 | -78.7% | 1.1% |
| CMG MORTGAGE, INC. | $9,215,000 | $10,615,000 | 15.2% | 1.1% |
| EAGLE HOME MORTGAGE, LLC | $1,845,000 | $10,080,000 | 446.3% | 1.1% |
| MARION AND POLK SCHOOLS CREDIT UNION | $11,825,000 | $9,600,000 | -18.8% | 1.0% |
| NATIONS DIRECT MORTGAGE, LLC | $9,505,000 | $9,595,000 | 0.9% | 1.0% |
| S1L, Inc. | $7,380,000 | $9,130,000 | 23.7% | 1.0% |
| LPMC, LLC | $9,930,000 | $8,825,000 | -11.1% | 0.9% |
| DAS Acquisition Company, LLC | $965,000 | $8,205,000 | 750.3% | 0.9% |
| Mortgage Research Center, LLC | $16,955,000 | $7,685,000 | -54.7% | 0.8% |
| Sierra Pacific Mortgage Company, Inc. | $12,985,000 | $7,600,000 | -41.5% | 0.8% |
| PLAZA HOME MORTGAGE, INC. | $4,475,000 | $6,945,000 | 55.2% | 0.7% |
| CENTRAL WILLAMETTE Credit Union | $7,280,000 | $6,655,000 | -8.6% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $7,440,000 | $6,065,000 | -18.5% | 0.6% |
| SELCO COMMUNITY | $5,675,000 | $6,010,000 | 5.9% | 0.6% |
| TWINSTAR | $6,005,000 | n/a | 0.6% | |
| MORTGAGE EXPRESS, LLC | $9,875,000 | $5,810,000 | -41.2% | 0.6% |
| PNC Bank | $390,000 | $5,260,000 | 1,248.7% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $12,855,000 | $5,155,000 | -59.9% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $10,820,000 | $4,885,000 | -54.9% | 0.5% |
| OREGON COMMUNITY | $9,845,000 | $4,780,000 | -51.4% | 0.5% |
| OnPoint Community Credit Union | $5,475,000 | $4,540,000 | -17.1% | 0.5% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,245,000 | $4,450,000 | 257.4% | 0.5% |
| Flagstar Bank, FSB | $6,080,000 | $4,330,000 | -28.8% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $4,900,000 | $4,325,000 | -11.7% | 0.5% |
| CHURCHILL MORTGAGE CORPORATION | $5,425,000 | $3,960,000 | -27.0% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $9,685,000 | $3,895,000 | -59.8% | 0.4% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $265,000 | $3,835,000 | 1,347.2% | 0.4% |
| Century Mortgage Company DBA Century Lending Company | $1,285,000 | $3,710,000 | 188.7% | 0.4% |
| SUCCESS MORTGAGE PARTNERS, INC. | $3,590,000 | n/a | 0.4% | |
| Pioneer Trust Bank, N.A. | $3,500,000 | n/a | 0.4% | |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $2,530,000 | $3,480,000 | 37.5% | 0.4% |
| FIRST TECHNOLOGY | $4,845,000 | $3,315,000 | -31.6% | 0.3% |
| DIRECTORS MORTGAGE, INC. | $8,935,000 | $3,280,000 | -63.3% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $4,605,000 | $3,165,000 | -31.3% | 0.3% |
| Washington Federal Bank | $13,885,000 | $3,130,000 | -77.5% | 0.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $5,950,000 | $3,110,000 | -47.7% | 0.3% |
| Pacific Premier Bank | $5,005,000 | $2,785,000 | -44.4% | 0.3% |
| GUARANTEED RATE, INC. | $1,855,000 | $2,425,000 | 30.7% | 0.3% |
| 21ST MORTGAGE CORPORATION | $2,015,000 | $2,330,000 | 15.6% | 0.2% |
| Banner Bank | $2,605,000 | $2,295,000 | -11.9% | 0.2% |
| Bank of America | $3,230,000 | $2,265,000 | -29.9% | 0.2% |
| The Federal Savings Bank | $1,875,000 | $2,265,000 | 20.8% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,165,000 | $2,255,000 | 4.2% | 0.2% |
| Willamette Valley Bank | $13,045,000 | $2,230,000 | -82.9% | 0.2% |
| PacWest Funding Inc. | $5,320,000 | $2,225,000 | -58.2% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $8,640,000 | $2,060,000 | -76.2% | 0.2% |
| RED CANOE CREDIT UNION | $4,195,000 | $2,040,000 | -51.4% | 0.2% |
| BROKER SOLUTIONS, INC. | $6,490,000 | $1,825,000 | -71.9% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $1,355,000 | $1,760,000 | 29.9% | 0.2% |
| GREYSTONE SERVICING COMPANY LLC | $4,745,000 | $1,615,000 | -66.0% | 0.2% |
| People's Bank of Commerce | $3,205,000 | $1,595,000 | -50.2% | 0.2% |
| V.I.P. MORTGAGE, INC. | $1,590,000 | n/a | 0.2% | |
| Unitus Community Credit Union | $11,685,000 | $1,490,000 | -87.2% | 0.2% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,940,000 | $1,435,000 | -26.0% | 0.2% |
| Morgan Stanley Private Bank | $1,010,000 | $1,425,000 | 41.1% | 0.1% |
| Discover Bank | $685,000 | $1,305,000 | 90.5% | 0.1% |
| Keystone Funding, Inc. | $1,290,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $1,770,000 | $1,280,000 | -27.7% | 0.1% |
| OCMBC, INC. | $1,090,000 | $1,265,000 | 16.1% | 0.1% |
| BETTER MORTGAGE CORPORATION | $2,755,000 | $1,260,000 | -54.3% | 0.1% |
| Rivermark Community Credit Union | $1,060,000 | $1,250,000 | 17.9% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,735,000 | $1,240,000 | -54.7% | 0.1% |
| BAY EQUITY LLC | $805,000 | $1,230,000 | 52.8% | 0.1% |
| Wells Fargo Bank | $9,670,000 | $1,135,000 | -88.3% | 0.1% |
| AMERICAN FINANCING CORPORATION | $3,420,000 | $1,125,000 | -67.1% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,115,000 | n/a | 0.1% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $1,115,000 | n/a | 0.1% | |
| UNION HOME MORTGAGE CORP. | $1,115,000 | n/a | 0.1% | |
| First National Bank of America | $1,090,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $770,000 | $1,025,000 | 33.1% | 0.1% |
| PLANET HOME LENDING, LLC | $1,360,000 | $1,025,000 | -24.6% | 0.1% |
| Gateway First Bank | $1,005,000 | $985,000 | -2.0% | 0.1% |
| Equity Prime Mortgage LLC | $175,000 | $965,000 | 451.4% | 0.1% |
| Bank of England | $1,210,000 | $945,000 | -21.9% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $450,000 | $905,000 | 101.1% | 0.1% |
| PHH Mortgage Corporation | $900,000 | $895,000 | -0.6% | 0.1% |
| ALLIANT CREDIT UNION | $750,000 | $835,000 | 11.3% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $390,000 | $825,000 | 111.5% | 0.1% |
| NEW DAY FINANCIAL, LLC | $2,135,000 | $820,000 | -61.6% | 0.1% |
| Ixonia Bank | $775,000 | n/a | 0.1% | |
| ROGUE | $395,000 | $760,000 | 92.4% | 0.1% |
| Prosperity Home Mortgage, LLC | $730,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $1,545,000 | $725,000 | -53.1% | 0.1% |
| First Interstate Bank | $710,000 | $720,000 | 1.4% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $2,995,000 | $710,000 | -76.3% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $700,000 | $710,000 | 1.4% | 0.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,655,000 | $700,000 | -57.7% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $695,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $3,230,000 | $670,000 | -79.3% | 0.1% |
| Plains Commerce Bank | $650,000 | n/a | 0.1% | |
| The Huntington National Bank | $645,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $935,000 | $635,000 | -32.1% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,025,000 | $620,000 | -39.5% | 0.1% |
| ENVOY MORTGAGE, LTD | $745,000 | $585,000 | -21.5% | 0.1% |
| CRESCENT MORTGAGE COMPANY | $365,000 | $570,000 | 56.2% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $12,895,000 | $565,000 | -95.6% | 0.1% |
| 1st Security Bank of Washington | $1,890,000 | $560,000 | -70.4% | 0.1% |
| Figure Lending LLC | $1,170,000 | $555,000 | -52.6% | 0.1% |
| Franklin Loan Corporation | $395,000 | $550,000 | 39.2% | 0.1% |
| LENDSURE MORTGAGE CORP. | $335,000 | $535,000 | 59.7% | 0.1% |
| HomeStreet Bank | $355,000 | $525,000 | 47.9% | 0.1% |
| SAMMAMISH MORTGAGE COMPANY | $1,110,000 | $515,000 | -53.6% | 0.1% |
| ON Q FINANCIAL, INC. | $620,000 | $500,000 | -19.4% | 0.1% |
| First Horizon Bank | $485,000 | n/a | 0.1% | |
| Northwest Farm Credit Services, FLCA | $7,575,000 | $485,000 | -93.6% | 0.1% |
| SUMMIT MORTGAGE CORPORATION | $135,000 | $480,000 | 255.6% | 0.1% |
| Ally Bank | $450,000 | $475,000 | 5.6% | 0.0% |
| Zions Bank | $475,000 | n/a | 0.0% | |
| MOUNTAIN AMERICA | $1,115,000 | $455,000 | -59.2% | 0.0% |
| BMO Harris Bank | $450,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $370,000 | $445,000 | 20.3% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $445,000 | n/a | 0.0% | |
| Boeing Employees Credit Union | $255,000 | $435,000 | 70.6% | 0.0% |
| GSF Mortgage Corporation | $585,000 | $435,000 | -25.6% | 0.0% |
| Heritage Bank | $345,000 | $435,000 | 26.1% | 0.0% |
| Coastal Community Bank | $430,000 | n/a | 0.0% | |
| FIBRE FEDERAL CREDIT UNION | $290,000 | $420,000 | 44.8% | 0.0% |
| SPRING EQ, LLC | $1,890,000 | $415,000 | -78.0% | 0.0% |
| Alaska USA Federal Credit Union | $230,000 | $390,000 | 69.6% | 0.0% |
| FAY SERVICING, LLC | $725,000 | $385,000 | -46.9% | 0.0% |
| LIMA ONE CAPITAL, LLC | $385,000 | n/a | 0.0% | |
| AMERITRUST MORTGAGE CORPORATION | $375,000 | n/a | 0.0% | |
| Bank of the Pacific | $375,000 | n/a | 0.0% | |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $305,000 | $375,000 | 23.0% | 0.0% |
| Gallic & Johnson, LLC | $2,360,000 | $375,000 | -84.1% | 0.0% |
| NEXERA HOLDING LLC | $375,000 | n/a | 0.0% | |
| Summit Mortgage Corporation | $365,000 | n/a | 0.0% | |
| Sunflower Bank | $355,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $225,000 | $335,000 | 48.9% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $295,000 | $325,000 | 10.2% | 0.0% |
| Nations Lending Corporation | $3,335,000 | $325,000 | -90.3% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $505,000 | $315,000 | -37.6% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $485,000 | $305,000 | -37.1% | 0.0% |
| Citadel Servicing Corporation | $515,000 | $305,000 | -40.8% | 0.0% |
| DIRECT MORTGAGE, CORP. | $305,000 | n/a | 0.0% | |
| First Federal Bank | $545,000 | $305,000 | -44.0% | 0.0% |
| Merchants Mortgage & Trust Corporation | $305,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $295,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $290,000 | n/a | 0.0% | |
| BECKAM FUNDING CORP. | $355,000 | $285,000 | -19.7% | 0.0% |
| Farmers Bank & Trust | $285,000 | n/a | 0.0% | |
| EMM LOANS LLC | $275,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $185,000 | $275,000 | 48.6% | 0.0% |
| CARDINAL FINANCIAL | $2,530,000 | $265,000 | -89.5% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $1,095,000 | $265,000 | -75.8% | 0.0% |
| NBKC BANK | $1,185,000 | $245,000 | -79.3% | 0.0% |
| WASHINGTON STATE EMPLOYEES Credit Union | $280,000 | $245,000 | -12.5% | 0.0% |
| HomeTrust Bank | $155,000 | $215,000 | 38.7% | 0.0% |
| Commerce Home Mortgage, Inc. | $4,520,000 | $205,000 | -95.5% | 0.0% |
| Consolidated Federal Credit Union | $445,000 | $205,000 | -53.9% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $1,165,000 | $200,000 | -82.8% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $185,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $4,640,000 | $175,000 | -96.2% | 0.0% |
| MYCUMORTGAGE, LLC | $370,000 | $175,000 | -52.7% | 0.0% |
| OPEN MORTGAGE, LLC | $715,000 | $175,000 | -75.5% | 0.0% |
| FIRST COMMUNITY | $160,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $160,000 | n/a | 0.0% | |
| USAA Federal Savings Bank | $2,195,000 | $155,000 | -92.9% | 0.0% |
| ADVANTIS | $1,190,000 | $145,000 | -87.8% | 0.0% |
| University Bank | $145,000 | n/a | 0.0% | |
| iQ Credit Union | $295,000 | $140,000 | -52.5% | 0.0% |
| HighTechLending Inc | $125,000 | $135,000 | 8.0% | 0.0% |
| M&T Bank | $980,000 | $125,000 | -87.2% | 0.0% |
| COLUMBIA COMMUNITY CREDIT UNION | $120,000 | n/a | 0.0% | |
| GEORGIA'S OWN | $115,000 | n/a | 0.0% | |
| Mid Oregon Federal Credit Union | $110,000 | $105,000 | -4.5% | 0.0% |
| EVERETT FINANCIAL, INC. | $360,000 | $95,000 | -73.6% | 0.0% |
| GTE Federal Credit Union | $85,000 | n/a | 0.0% | |
| OREGONIANS CREDIT UNION | $80,000 | n/a | 0.0% | |
| UNIVERSITY CREDIT UNION | $75,000 | n/a | 0.0% | |
| Connexus Credit Union | $70,000 | n/a | 0.0% | |
| Clackamas Federal Credit Union | $130,000 | $55,000 | -57.7% | 0.0% |
| PACIFIC CASCADE FEDERAL CREDIT UNION | $85,000 | $55,000 | -35.3% | 0.0% |
| Lakeview Community Capital, LLC | $350,000 | $45,000 | -87.1% | 0.0% |
| NORTHROP GRUMMAN Federal Credit Union | $45,000 | n/a | 0.0% | |
| SPOKANE TEACHERS | $45,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $1,130,000 | $35,000 | -96.9% | 0.0% |
| Service Federal Credit Union | $25,000 | n/a | 0.0% |
ALBANY - LEBANON's top lender by overall market share is JONES LANG LASALLE MULTIFAMILY, LLC, with 37.7% market share. In second place, with 3.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $32,300,000 in loans. In third place, with 3.0%, is SUMMIT FUNDING, INC., having originated $28,170,000 in loans. In fourth place, with 2.6%, is QUICKEN LOANS, LLC, having originated $25,140,000 in loans. In fifth place, with 2.5%, is MOVEMENT MORTGAGE, LLC, having originated $24,185,000 in loans.
ALBANY-LEBANON, OR 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.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 97321 | Albany, OR MSA | $900 | $980 | $1,230 | $1,700 | $2,000 |
| 97322 | Albany, OR MSA | $890 | $1,000 | $1,260 | $1,720 | $2,010 |
| 97327 | Albany, OR MSA | $1,010 | $1,130 | $1,430 | $1,960 | $2,290 |
| 97329 | Albany, OR MSA | $1,240 | $1,390 | $1,760 | $2,410 | $2,810 |
| 97333 | Albany, OR MSA | $1,150 | $1,210 | $1,490 | $2,110 | $2,510 |
| 97335 | Albany, OR MSA | $890 | $1,000 | $1,260 | $1,720 | $2,010 |
| 97336 | Albany, OR MSA | $890 | $1,000 | $1,260 | $1,720 | $2,010 |
| 97345 | Albany, OR MSA | $1,240 | $1,390 | $1,760 | $2,410 | $2,810 |
| 97346 | Albany, OR MSA | $770 | $800 | $1,030 | $1,450 | $1,750 |
| 97348 | Albany, OR MSA | $910 | $1,020 | $1,290 | $1,770 | $2,060 |
| 97350 | Albany, OR MSA | $1,360 | $1,480 | $1,880 | $2,620 | $3,040 |
| 97352 | Albany, OR MSA | $950 | $1,010 | $1,280 | $1,820 | $2,090 |
| 97355 | Albany, OR MSA | $890 | $1,000 | $1,260 | $1,720 | $2,010 |
| 97358 | Albany, OR MSA | $790 | $870 | $1,100 | $1,520 | $1,770 |
| 97360 | Albany, OR MSA | $860 | $950 | $1,200 | $1,660 | $1,930 |
| 97374 | Albany, OR MSA | $900 | $1,010 | $1,270 | $1,740 | $2,030 |
| 97377 | Albany, OR MSA | $1,050 | $1,180 | $1,490 | $2,040 | $2,380 |
| 97383 | Albany, OR MSA | $890 | $950 | $1,200 | $1,700 | $1,970 |
| 97386 | Albany, OR MSA | $840 | $940 | $1,190 | $1,630 | $1,900 |
| 97389 | Albany, OR MSA | $1,120 | $1,260 | $1,590 | $2,180 | $2,540 |
| 97413 | Albany, OR MSA | $750 | $870 | $1,130 | $1,610 | $1,940 |
| 97446 | Albany, OR MSA | $960 | $1,080 | $1,360 | $1,860 | $2,180 |
| 97759 | Albany, OR MSA | $980 | $1,160 | $1,460 | $2,070 | $2,490 |
2022 Average & Median Rent Data Statistics
ALBANY-LEBANON, OR average 1BR rent: $1,073, median: $1,010
ALBANY-LEBANON, OR average 2BR rent: $1,356, median: $1,270
ALBANY-LEBANON, OR average 3BR rent: $1,876, median: $1,740
ALBANY-LEBANON, OR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,218 | $426,100,000 | $349,836 |
| Other | 346 | $30,560,000 | $88,324 |
| Cash Out Refi | 319 | $76,845,000 | $240,893 |
| Home Improvement | 304 | $25,450,000 | $83,717 |
| Refi | 115 | $393,545,000 | $3,422,130 |
Albany - Lebanon's most frequently cited loan purpose was Home Purchase, with 1,218 originations. The 2nd most popular reason was Other, with 346 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 770 | $249,770,000 | $324,377 |
| Over 8% | 598 | $66,460,000 | $111,137 |
| 7-8% | 499 | $132,325,000 | $265,180 |
| 5-6% | 387 | $486,065,000 | $1,255,982 |
| 4-5% | 28 | $10,510,000 | $375,357 |
| <2.5% | 7 | $125,000 | $17,857 |
| 3-4% | 1 | $35,000 | $35,000 |
During 2023, Albany - Lebanon's most frequently originated rate bucket was 6-7%, with 770 originations.
Loan Sizing (ALBANY-LEBANON, OR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 993 | $306,365,000 | $308,525 |
| $100,000 or less | 615 | $34,205,000 | $55,618 |
| $100k-200k | 324 | $45,590,000 | $140,710 |
| $400k-600k | 309 | $143,785,000 | $465,324 |
| $600k-1000k | 44 | $30,370,000 | $690,227 |
| $Over $1MM | 17 | $392,185,000 | $23,069,706 |
ALBANY - LEBANON's loan sizing saw the bucket of loans from $200k-400k with 993 originations, totaling $306,365,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 860 | $310,350,000 | $360,872 |
| Under 20% | 568 | $34,350,000 | $60,475 |
| 60-80% | 377 | $138,075,000 | $366,247 |
| 20-40% | 247 | $36,485,000 | $147,713 |
| 40-60% | 205 | $56,105,000 | $273,683 |
| Over 100% | 32 | $371,160,000 | $11,598,750 |
ALBANY - LEBANON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 860 originations, totaling $310,350,000 in origination value.