ALTOONA Mortgage Rates

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

30 Year Fixed Rate mortgages in Altoona averaged 5.43% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.2% and one month ago for the week of 2022-04-07, the average rate was 5.05%.

Altoona's average rate one year ago was 2.89%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.14%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Altoona 30 Year Fixed Rate 2022-05-12 5.43%
Altoona 30 Year Fixed Rate Refi 2022-05-12 5.14%
Altoona 15 Year Fixed Rate 2022-05-12 4.95%
Altoona 15 Year Fixed Rate Refi 2022-05-12 4.83%
Altoona 30 Year FHA 2022-05-12 5.35%
Altoona 30 Year FHA Refi 2022-05-12 5.21%
Altoona 30 Year USDA 2022-05-12 5.48%
Altoona 30 Year USDA Refi 2022-05-12 4.89%
Altoona 30 Year VA 2022-05-12 5.18%
Altoona 30 Year VA Refi 2022-05-12 5.31%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ALTOONA, PA.

ALTOONA 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 ALTOONA, PA 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
Reliance Savings Bank 123 2.90% $4,040
EQUITY RESOURCES, INC. 95 3.03% $3,514
QUICKEN LOANS, LLC 79 3.23% $4,898
Citizens Bank 66 3.04% $4,026
Flagstar Bank, FSB 52 3.11% $3,671
S&T Bank 39 3.10% $5,741
First Commonwealth Bank 37 3.44% $3,465
Manufacturers and Traders Trust Company 36 3.22% $4,106
First National Bank of Pennsylvania 34 2.91% $4,369
NORWICH COMMERCIAL GROUP, INC. 30 3.25% $4,679
U.S. Bank 23 3.00% $3,504
Wells Fargo Bank 15 3.10% $3,049
PENNSYLVANIA STATE EMPLOYEES Credit Union 13 3.16% $2,357
CNB Bank 10 3.19% $3,712
FREEDOM MORTGAGE CORPORATION 9 3.22% $3,352
Kish Bank 8 2.77% $3,988
CALIBER HOME LOANS, INC. 8 2.90% $3,240
First Federal Bank 7 3.30% $4,324
BETTER MORTGAGE CORPORATION 6 2.94% $5,145
AMERISAVE MORTGAGE CORPORATION 6 3.02% $4,143
LOANDEPOT.COM, LLC 6 3.27% $4,183
PENNYMAC LOAN SERVICES, LLC 5 3.20% $5,709
JPMorgan Chase Bank 4 3.47% $4,130
FINANCE OF AMERICA MORTGAGE LLC 4 3.22% $3,562
NAVY FEDERAL CREDIT UNION 4 3.63% $4,310
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 3.19% $3,725
Nations Lending Corporation 4 2.97% $5,512
BROKER SOLUTIONS, INC. 4 2.81% $4,586
Northwest Bank 4 2.94% $4,387
PNC Bank 3 3.00% $4,376
AgChoice Farm Credit ACA 3 3.82% $4,763
Ally Bank 3 3.42% $4,238
AmeriServ Financial Bank 3 2.71% $2,737
Carrington Mortgage Services, LLC 3 3.46% $4,989
EMM LOANS LLC 3 2.79% $7,530
FIRST HERITAGE FINANCIAL, LLC 3 3.25% $3,809
HOMESIDE FINANCIAL, LLC 3 3.46% $4,408
MCLEAN MORTGAGE CORPORATION 3 2.96% $4,062
MOVEMENT MORTGAGE, LLC 3 3.12% $4,079
Mr. Cooper ( Nationstar Mortgage ) 3 4.04% $5,319
NATIONS RELIABLE LENDING, LLC 3 3.00% $4,047
Paramount Residential Mortgage Group, Inc. 3 3.79% $4,065
MEMBERS 1ST FEDERAL CREDIT UNION 2 2.88% $3,651
Atlantic Coast Mortgage, LLC 2 3.00% $3,497
Jersey Shore State Bank 2 3.38% $3,915
ALLIED MORTGAGE GROUP, INC. 2 3.38% $4,660
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 2.94% $3,892
The Huntington National Bank 2 3.15% $5,078
CROSSCOUNTRY MORTGAGE, LLC 2 3.18% $6,990
GUARANTEED RATE, INC. 2 3.25% $4,175
Fulton Bank 2 3.19% $3,188
NJ LENDERS CORP. 2 3.19% $3,551
UNITED WHOLESALE MORTGAGE, LLC 2 3.06% $2,820
Riverview Bank 2 2.88% $3,258
ROYAL UNITED MORTGAGE LLC 2 3.00% $6,595
Bank of America 2 3.06% $6,194
Discover Bank 2 5.25% $0
MEMBER FIRST MORTGAGE, LLC 2 3.81% $3,394
Mortgage Research Center, LLC 1 2.75% $3,738
AMERICAN FEDERAL MORTGAGE CORPORATION 1 2.63% $4,824
VANDERBILT MORTGAGE AND FINANCE, INC. 1 2.63% $2,463
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.00% $8,738
C & F Mortgage Corporation 1 2.75% $3,893
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.38% $4,098
NBKC BANK 1 3.63% $2,461
NEWREZ LLC 1 3.50% $3,967
Bank of England 1 3.63% $4,343
ZILLOW HOME LOANS, LLC 1 3.00% $4,998
Atlantic Home Loans, Inc. 1 2.88% $2,887
PHH Mortgage Corporation 1 3.88% $5,926
AFFORDABLE MORTGAGE ADVISORS, LLC. 1 3.00% $7,218
Princeton Mortgage Corporation 1 3.00% $10,278
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.75% $2,300
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.25% $6,078
RELIANCE FIRST CAPITAL, LLC 1 3.38% $3,861
ARC HOME LLC 1 3.25% $2,939
Sail Mortgage Corp. 1 3.00% $10,097
SOFI LENDING CORP. 1 3.00% $2,701
SOMERSET TRUST COMPANY 1 3.63% $4,298
SPRING EQ, LLC 1 2.88% $3,448
AMERICAN FINANCING CORPORATION 1 3.99% $5,411
STEARNS LENDING, LLC 1 2.88% $3,844
TD Bank 1 3.00% $4,922
THRIVENT Federal Credit Union 1 3.50% $3,842
TOTAL MORTGAGE SERVICES, LLC 1 3.88% $4,266
TOWNE MORTGAGE COMPANY 1 2.88% $8,395
FBC MORTGAGE, LLC 1 2.99% $6,009
ENVOY MORTGAGE, LTD 1 2.88% $8,144
DRAPER AND KRAMER MORTGAGE CORP. 1 3.50% $5,629
Truist Bank 1 2.88% $3,739
First Home Bank 1 3.75% $9,386
FRANKLIN MINT 1 3.25% $2,771
DEVELOPER'S MORTGAGE COMPANY 1 3.13% $4,129
GUARANTEED RATE AFFINITY, LLC 1 3.25% $3,921
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.38% $3,531
UNION HOME MORTGAGE CORP. 1 2.88% $4,787
IMPAC MORTGAGE CORP. 1 3.13% $2,708
InterContinental Capital Group, Inc 1 3.38% $4,029
CORNING 1 2.88% $2,505
KeyBank 1 2.75% $5,478
Community State Bank of Orbisonia 1 2.88% $2,748
LAND HOME FINANCIAL SERVICES, INC. 1 3.25% $5,883
LENDING CAPITAL GROUP Inc 1 2.75% $4,136
Citibank 1 3.13% $2,622
CHERRY CREEK MORTGAGE, LLC 1 3.13% $1,279
Meridian Bank Corporation 1 2.99% $4,332
MILLENNIUM FINANCIAL GROUP, INC. 1 2.88% $4,580
MISSION MORTGAGE LLC 1 4.38% $3,340

ALTOONA, PA's 108 lenders originated 3,870 loans during 2021. The total origination value was $610,140,000, with an average loan value of $157,659.

The top ALTOONA lender as defined by loan originations is Reliance Savings Bank, with 123 loans originated. Their average total fees are $4,040, which is $526 higher than the next largest lender, EQUITY RESOURCES, INC..

The lowest fee ALTOONA lenders (with over 10 loans originated) are PENNSYLVANIA STATE EMPLOYEES Credit Union ($2,357), Wells Fargo Bank ($3,049), First Commonwealth Bank ($3,465), U.S. Bank ($3,504) and EQUITY RESOURCES, INC. ($3,514).

The lowest rate ALTOONA lenders (with over 10 loans originated) are Reliance Savings Bank (2.90%), First National Bank of Pennsylvania (2.91%), U.S. Bank (3.00%), EQUITY RESOURCES, INC. (3.03%) and Citizens Bank (3.04%).

ALTOONA, PA 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
Reliance Savings Bank $65,065,000 $65,045,000 0.0% 10.7%
ARC HOME LLC $45,065,000 $54,385,000 20.7% 8.9%
QUICKEN LOANS, LLC $30,000,000 $41,250,000 37.5% 6.8%
First National Bank of Pennsylvania $35,860,000 $36,145,000 0.8% 5.9%
VANDERBILT MORTGAGE AND FINANCE, INC. $29,750,000 n/a 4.9%
First Commonwealth Bank $31,920,000 $27,955,000 -12.4% 4.6%
Citizens Bank $21,100,000 $27,735,000 31.4% 4.5%
EQUITY RESOURCES, INC. $17,115,000 $26,055,000 52.2% 4.3%
Altoona First Savings Bank $21,900,000 $17,525,000 -20.0% 2.9%
Flagstar Bank, FSB $25,350,000 $16,410,000 -35.3% 2.7%
Jersey Shore State Bank $1,885,000 $15,735,000 734.7% 2.6%
JONES LANG LASALLE MULTIFAMILY, LLC $15,725,000 n/a 2.6%
FREEDOM MORTGAGE CORPORATION $13,130,000 $15,595,000 18.8% 2.6%
S&T Bank $14,765,000 $15,520,000 5.1% 2.5%
Manufacturers and Traders Trust Company $17,410,000 $14,990,000 -13.9% 2.5%
NORWICH COMMERCIAL GROUP, INC. $12,525,000 $13,330,000 6.4% 2.2%
PennCrest Bank $10,855,000 $12,760,000 17.5% 2.1%
CNB Bank $6,315,000 $9,255,000 46.6% 1.5%
INVESTMENT SAVINGS BANK $7,800,000 $8,655,000 11.0% 1.4%
Wells Fargo Bank $3,640,000 $7,595,000 108.7% 1.2%
Mortgage Research Center, LLC $5,545,000 $6,855,000 23.6% 1.1%
PENNSYLVANIA STATE EMPLOYEES Credit Union $5,085,000 $5,840,000 14.8% 1.0%
Hometown Bank of Pennsylvania $2,800,000 $5,660,000 102.1% 0.9%
U.S. Bank $3,800,000 $5,565,000 46.4% 0.9%
Kish Bank $1,520,000 $4,140,000 172.4% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $5,145,000 $3,875,000 -24.7% 0.6%
First Federal Bank $7,920,000 $3,810,000 -51.9% 0.6%
PENNYMAC LOAN SERVICES, LLC $1,125,000 $3,640,000 223.6% 0.6%
UNITED WHOLESALE MORTGAGE, LLC $3,105,000 $3,550,000 14.3% 0.6%
AMERISAVE MORTGAGE CORPORATION $2,930,000 $3,520,000 20.1% 0.6%
CALIBER HOME LOANS, INC. $1,725,000 $3,365,000 95.1% 0.6%
LOANDEPOT.COM, LLC $4,255,000 $3,280,000 -22.9% 0.5%
NAVY FEDERAL CREDIT UNION $1,625,000 $3,150,000 93.8% 0.5%
1st Summit Bank $1,845,000 $3,135,000 69.9% 0.5%
UNION HOME MORTGAGE CORP. $4,360,000 $2,735,000 -37.3% 0.4%
BETTER MORTGAGE CORPORATION $590,000 $2,620,000 344.1% 0.4%
Seven Seventeen Credit Union $2,605,000 n/a 0.4%
NATIONS RELIABLE LENDING, LLC $775,000 $2,535,000 227.1% 0.4%
AmeriServ Financial Bank $3,440,000 $2,500,000 -27.3% 0.4%
NEW DAY FINANCIAL, LLC $1,550,000 $2,065,000 33.2% 0.3%
AgChoice Farm Credit ACA $1,745,000 $1,960,000 12.3% 0.3%
Northwest Bank $2,000,000 $1,955,000 -2.3% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $875,000 $1,805,000 106.3% 0.3%
NEWREZ LLC $35,000 $1,780,000 4,985.7% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $1,295,000 $1,525,000 17.8% 0.2%
MCLEAN MORTGAGE CORPORATION $1,495,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $795,000 $1,460,000 83.6% 0.2%
MOVEMENT MORTGAGE, LLC $940,000 $1,400,000 48.9% 0.2%
USAA Federal Savings Bank $1,605,000 $1,390,000 -13.4% 0.2%
EMM LOANS LLC $995,000 $1,340,000 34.7% 0.2%
PNC Bank $3,120,000 $1,275,000 -59.1% 0.2%
Bank of America $355,000 $1,255,000 253.5% 0.2%
Community State Bank of Orbisonia $65,000 $1,245,000 1,815.4% 0.2%
GUARANTEED RATE, INC. $865,000 $1,165,000 34.7% 0.2%
AmeriHome Mortgage Company, LLC $250,000 $1,100,000 340.0% 0.2%
BROKER SOLUTIONS, INC. $1,070,000 $1,090,000 1.9% 0.2%
Paramount Residential Mortgage Group, Inc. $250,000 $1,085,000 334.0% 0.2%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $985,000 n/a 0.2%
Nations Lending Corporation $500,000 $970,000 94.0% 0.2%
AMERICAN FINANCING CORPORATION $965,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $700,000 $925,000 32.1% 0.2%
HOME POINT FINANCIAL CORPORATION $1,430,000 $820,000 -42.7% 0.1%
ALLIED MORTGAGE GROUP, INC. $75,000 $805,000 973.3% 0.1%
HOMESIDE FINANCIAL, LLC $615,000 $805,000 30.9% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $620,000 $790,000 27.4% 0.1%
Ally Bank $765,000 n/a 0.1%
Low VA Rates, LLC $155,000 $755,000 387.1% 0.1%
MEMBER FIRST MORTGAGE, LLC $750,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $765,000 $750,000 -2.0% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $565,000 $710,000 25.7% 0.1%
The Huntington National Bank $775,000 $700,000 -9.7% 0.1%
ZILLOW HOME LOANS, LLC $675,000 n/a 0.1%
JPMorgan Chase Bank $840,000 $665,000 -20.8% 0.1%
MEMBERS 1ST FEDERAL CREDIT UNION $655,000 n/a 0.1%
The Federal Savings Bank $335,000 $645,000 92.5% 0.1%
MICHIGAN MUTUAL, INC. $635,000 n/a 0.1%
Carrington Mortgage Services, LLC $620,000 $630,000 1.6% 0.1%
SOFI LENDING CORP. $255,000 $625,000 145.1% 0.1%
UTILITIES EMPLOYEES CREDIT UNION $625,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $775,000 $610,000 -21.3% 0.1%
Riverview Bank $1,350,000 $575,000 -57.4% 0.1%
Meridian Bank Corporation $550,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $535,000 n/a 0.1%
FIRST HERITAGE FINANCIAL, LLC $685,000 $530,000 -22.6% 0.1%
TOWNE MORTGAGE COMPANY $515,000 $515,000 0.0% 0.1%
CLEARPATH LENDING $730,000 $500,000 -31.5% 0.1%
SOMERSET TRUST COMPANY $1,270,000 $495,000 -61.0% 0.1%
ROYAL UNITED MORTGAGE LLC $735,000 $480,000 -34.7% 0.1%
21ST MORTGAGE CORPORATION $200,000 $440,000 120.0% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $1,300,000 $435,000 -66.5% 0.1%
RELIANCE FIRST CAPITAL, LLC $420,000 $435,000 3.6% 0.1%
Princeton Mortgage Corporation $420,000 n/a 0.1%
FBC MORTGAGE, LLC $415,000 n/a 0.1%
MILLENNIUM FINANCIAL GROUP, INC. $495,000 $415,000 -16.2% 0.1%
STEARNS LENDING, LLC $185,000 $405,000 118.9% 0.1%
InterContinental Capital Group, Inc $325,000 $400,000 23.1% 0.1%
ENVOY MORTGAGE, LTD $345,000 $385,000 11.6% 0.1%
Northpointe Bank $370,000 n/a 0.1%
AMERICAN ADVISORS GROUP $170,000 $360,000 111.8% 0.1%
TD Bank $345,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $75,000 $340,000 353.3% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $340,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $215,000 $330,000 53.5% 0.1%
CHERRY CREEK MORTGAGE, LLC $325,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $325,000 n/a 0.1%
CROSSCOUNTRY MORTGAGE, LLC $320,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $85,000 $310,000 264.7% 0.1%
Sail Mortgage Corp. $430,000 $310,000 -27.9% 0.1%
KeyBank $305,000 n/a 0.0%
SPRING EQ, LLC $90,000 $305,000 238.9% 0.0%
Fifth Third Bank $295,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $300,000 $295,000 -1.7% 0.0%
First Home Bank $280,000 n/a 0.0%
NJ LENDERS CORP. $145,000 $280,000 93.1% 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $265,000 n/a 0.0%
Bank of England $190,000 $265,000 39.5% 0.0%
Truist Bank $1,575,000 $260,000 -83.5% 0.0%
ACCELERATE MORTGAGE, LLC $255,000 n/a 0.0%
AFFORDABLE MORTGAGE ADVISORS, LLC. $205,000 $245,000 19.5% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $245,000 n/a 0.0%
TJC Mortgage, Inc. $245,000 n/a 0.0%
PHH Mortgage Corporation $240,000 n/a 0.0%
RESIDENTIAL MORTGAGE SERVICES, INC. $310,000 $235,000 -24.2% 0.0%
Atlantic Coast Mortgage, LLC $230,000 n/a 0.0%
C & F Mortgage Corporation $220,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $300,000 $215,000 -28.3% 0.0%
FRANKLIN MINT $215,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $120,000 $210,000 75.0% 0.0%
First Citizens Community Bank $205,000 n/a 0.0%
IMPAC MORTGAGE CORP. $205,000 n/a 0.0%
LENDING CAPITAL GROUP Inc $145,000 $205,000 41.4% 0.0%
Parke Bank $205,000 n/a 0.0%
TOTAL MORTGAGE SERVICES, LLC $205,000 n/a 0.0%
DEVELOPER'S MORTGAGE COMPANY $195,000 n/a 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $155,000 $195,000 25.8% 0.0%
OCEANSIDE MORTGAGE COMPANY $665,000 $195,000 -70.7% 0.0%
PLANET HOME LENDING, LLC $215,000 $195,000 -9.3% 0.0%
Fulton Bank $195,000 $190,000 -2.6% 0.0%
CORNING $195,000 $180,000 -7.7% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $175,000 n/a 0.0%
Integrity Home Mortgage Corp $175,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $175,000 n/a 0.0%
THRIVENT Federal Credit Union $170,000 n/a 0.0%
TIDEWATER MORTGAGE SERVICES, INC. $165,000 n/a 0.0%
C-B-W Schools Federal Credit Union $160,000 n/a 0.0%
Discover Bank $345,000 $160,000 -53.6% 0.0%
GUARANTEED RATE AFFINITY, LLC $145,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $330,000 $145,000 -56.1% 0.0%
Magnolia Bank $185,000 $145,000 -21.6% 0.0%
The Genoa Banking Company $145,000 n/a 0.0%
Citibank $140,000 n/a 0.0%
First Savings Bank $605,000 $135,000 -77.7% 0.0%
NBKC BANK $125,000 $135,000 8.0% 0.0%
WEST PENN FINANCIAL SERVICE CENTER, INC. $135,000 n/a 0.0%
LAND HOME FINANCIAL SERVICES, INC. $125,000 n/a 0.0%
Signature Federal Credit Union $125,000 n/a 0.0%
Figure Lending LLC $50,000 $120,000 140.0% 0.0%
Dollar Bank, Federal Savings Bank $270,000 $115,000 -57.4% 0.0%
EVERETT FINANCIAL, INC. $115,000 n/a 0.0%
MISSION MORTGAGE LLC $105,000 n/a 0.0%
Mortgage Network, Inc. $1,015,000 $105,000 -89.7% 0.0%
Atlantic Home Loans, Inc. $85,000 n/a 0.0%
Equity Prime Mortgage LLC $85,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $85,000 n/a 0.0%
Prosperity Home Mortgage, LLC $85,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $65,000 n/a 0.0%
First Guaranty Mortgage Corporation $605,000 $65,000 -89.3% 0.0%
Superior Credit Union $65,000 n/a 0.0%
Clearview Federal Credit Union $205,000 $55,000 -73.2% 0.0%
HORIZON Federal Credit Union $35,000 n/a 0.0%
Pennian Bank $35,000 n/a 0.0%
The Farmers National Bank of Emlenton $105,000 $35,000 -66.7% 0.0%

ALTOONA's top lender by overall market share is Reliance Savings Bank, with 10.7% market share. In second place, with 8.9%, is ARC HOME LLC, having originated $54,385,000 in loans. In third place, with 6.8%, is QUICKEN LOANS, LLC, having originated $41,250,000 in loans. In third place, with 5.9%, is First National Bank of Pennsylvania, having originated $36,145,000 in loans. In third place, with 4.9%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $29,750,000 in loans.


ALTOONA, PA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 1,484 $263,250,000 $177,392
Home Purchase 1,407 $222,295,000 $157,992
Cash Out Refi 510 $96,010,000 $188,255
Home Improvement 288 $16,520,000 $57,361
Other 180 $11,080,000 $61,556
NA 1 $985,000 $985,000

Altoona's most frequently cited loan purpose was Refi, with 1,484 originations. The 2nd most popular reason was Home Purchase, with 1,407 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,452 $218,860,000 $150,730
3-4% 967 $162,385,000 $167,927
<2.5% 852 $129,680,000 $152,207
4-5% 137 $17,655,000 $128,869
5-6% 36 $31,280,000 $868,889
6-7% 15 $605,000 $40,333
Over 8% 11 $425,000 $38,636
7-8% 9 $485,000 $53,889

During 2021, Altoona's most frequently originated rate bucket was 2.5-3%, with 1,452 originations.

Loan Sizing (ALTOONA, PA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,671 $237,405,000 $142,074
$100,000 or less 1,450 $88,290,000 $60,890
$200k-400k 630 $163,830,000 $260,048
$400k-600k 88 $41,430,000 $470,795
$600k-1000k 19 $13,725,000 $722,368
$Over $1MM 12 $65,460,000 $5,455,000

ALTOONA's loan sizing saw the bucket of loans from $100k-200k with 1,671 originations, totaling $237,405,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,323 $222,415,000 $168,114
60-80% 1,083 $224,105,000 $206,930
40-60% 435 $55,795,000 $128,264
20-40% 282 $21,800,000 $77,305
Under 20% 211 $10,975,000 $52,014
Over 100% 35 $9,245,000 $264,143

ALTOONA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,323 originations, totaling $222,415,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - ALTOONA (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 $138,900 (20.8%) $210,366 (11.9%) 0.00 346
2018-02-01 $137,950 (20.0%) $205,966 (8.2%) 0.00 342
2018-03-01 $138,000 (8.3%) $208,985 (0.6%) 0.00 334
2018-04-01 $139,925 (7.7%) $213,197 (3.8%) 0.00 312
2018-05-01 $139,975 (1.8%) $189,066 (-8.7%) 0.00 343
2018-06-01 $140,000 (0.1%) $188,714 (-13.6%) 0.00 355
2018-07-01 $139,900 (0.0%) $187,519 (-13.1%) 0.00 374
2018-08-01 $139,925 (0.7%) $185,899 (-14.0%) 0.00 377
2018-09-01 $138,000 (2.3%) $187,402 (-10.9%) 0.00 369
2018-10-01 $133,250 (2.5%) $182,474 (-8.7%) 0.00 380
2018-11-01 $129,000 (-0.7%) $173,747 (-10.2%) 0.00 378
2018-12-01 $125,000 (-4.6%) $173,593 (-15.2%) 0.00 344
2019-01-01 $127,450 (-8.2%) $178,499 (-15.2%) 0.00 322
2019-02-01 $127,950 (-7.3%) $180,371 (-12.4%) 0.00 323
2019-03-01 $131,529 (-4.7%) $180,407 (-13.7%) 0.00 318
2019-04-01 $137,400 (-1.8%) $183,715 (-13.8%) 0.00 319
2019-05-01 $137,400 (-1.8%) $185,303 (-2.0%) 0.00 357
2019-06-01 $134,900 (-3.6%) $181,160 (-4.0%) 0.00 381
2019-07-01 $134,700 (-3.7%) $177,653 (-5.3%) 0.00 391
2019-08-01 $132,586 (-5.3%) $178,562 (-4.0%) 0.00 389
2019-09-01 $129,700 (-6.0%) $177,416 (-5.3%) 0.00 395
2019-10-01 $129,200 (-3.0%) $175,622 (-3.8%) 0.00 408
2019-11-01 $126,000 (-2.3%) $181,479 (4.5%) 0.00 390
2019-12-01 $124,975 (0.0%) $179,661 (3.5%) 0.00 384
2020-01-01 $126,950 (-0.4%) $180,077 (0.9%) 0.00 360
2020-02-01 $125,000 (-2.3%) $175,702 (-2.6%) 0.00 340
2020-03-01 $127,000 (-3.4%) $177,974 (-1.4%) 0.00 330
2020-04-01 $130,000 (-5.4%) $185,747 (1.1%) 0.00 319
2020-05-01 $139,900 (1.8%) $195,074 (5.3%) 0.00 321
2020-06-01 $137,200 (1.7%) $187,408 (3.5%) 0.00 296
2020-07-01 $149,900 (11.3%) $192,882 (8.6%) 0.00 277
2020-08-01 $149,000 (12.4%) $197,172 (10.4%) 0.00 271
2020-09-01 $145,000 (11.8%) $191,866 (8.1%) 0.00 263
2020-10-01 $144,900 (12.2%) $191,354 (9.0%) 0.00 264
2020-11-01 $145,000 (15.1%) $204,103 (12.5%) 0.00 219
2020-12-01 $149,450 (19.6%) $203,151 (13.1%) 0.00 198
2021-01-01 $145,900 (14.9%) $205,114 (13.9%) 0.00 196
2021-02-01 $145,450 (16.4%) $192,026 (9.3%) 0.00 175
2021-03-01 $149,900 (18.0%) $197,841 (11.2%) 0.00 156
2021-04-01 $158,500 (21.9%) $201,146 (8.3%) 0.00 142
2021-05-01 $150,000 (7.2%) $194,742 (-0.2%) 0.00 128
2021-06-01 $157,000 (14.4%) $198,101 (5.7%) 0.00 141
2021-07-01 $160,000 (6.7%) $199,407 (3.4%) 0.00 157
2021-08-01 $149,900 (0.6%) $189,638 (-3.8%) 0.00 167
2021-09-01 $149,950 (3.4%) $188,103 (-2.0%) 0.00 170
2021-10-01 $149,900 (3.5%) $200,753 (4.9%) 0.00 170
2021-11-01 $152,950 (5.5%) $218,451 (7.0%) 0.00 163
2021-12-01 $140,000 (-6.3%) $205,565 (1.2%) 0.00 157
2022-01-01 $144,900 (-0.7%) $209,682 (2.2%) 0.00 138
2022-02-01 $143,450 (-1.4%) $208,470 (8.6%) 0.00 128
2022-03-01 $145,950 (-2.6%) $217,901 (10.1%) 0.00 108
2022-04-01 $149,900 (-5.4%) $227,696 (13.2%) 0.00 106
ALTOONA's median listing price for 2022-04-01 was $149,900, a difference of $-8,600 (-5.4%) versus the prior year and $3,950 versus the prior month.

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

ALTOONA's average listing price for 2022-04-01 was $227,696, a difference of $26,550 (13.2%) versus the prior year and $9,795 versus the prior month.

For the 2022-04-01 period, ALTOONA had 106 MLS listings, a difference of -2 listings (-2%) versus the prior month and -36 listings (-25%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - ALTOONA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,020 sqft
2018-02-01 0 days 1,901 sqft
2018-03-01 0 days 1,900 sqft
2018-04-01 0 days 1,843 sqft
2018-05-01 0 days 1,788 sqft
2018-06-01 0 days 1,828 sqft
2018-07-01 0 days 1,745 sqft
2018-08-01 0 days 1,728 sqft
2018-09-01 0 days 1,800 sqft
2018-10-01 0 days 1,737 sqft
2018-11-01 0 days 1,684 sqft
2018-12-01 0 days 1,700 sqft
2019-01-01 0 days 1,729 sqft
2019-02-01 0 days 1,740 sqft
2019-03-01 0 days 1,782 sqft
2019-04-01 0 days 1,800 sqft
2019-05-01 0 days 1,873 sqft
2019-06-01 0 days 1,805 sqft
2019-07-01 0 days 1,848 sqft
2019-08-01 0 days 1,892 sqft
2019-09-01 0 days 1,907 sqft
2019-10-01 0 days 1,795 sqft
2019-11-01 0 days 1,826 sqft
2019-12-01 0 days 1,816 sqft
2020-01-01 0 days 1,798 sqft
2020-02-01 0 days 1,800 sqft
2020-03-01 0 days 1,740 sqft
2020-04-01 0 days 1,734 sqft
2020-05-01 0 days 1,800 sqft
2020-06-01 0 days 1,793 sqft
2020-07-01 0 days 1,878 sqft
2020-08-01 0 days 1,860 sqft
2020-09-01 0 days 1,736 sqft
2020-10-01 0 days 1,758 sqft
2020-11-01 0 days 1,718 sqft
2020-12-01 0 days 1,713 sqft
2021-01-01 0 days 1,784 sqft
2021-02-01 0 days 1,897 sqft
2021-03-01 0 days 2,040 sqft
2021-04-01 0 days 1,988 sqft
2021-05-01 0 days 1,824 sqft
2021-06-01 0 days 1,853 sqft
2021-07-01 0 days 1,882 sqft
2021-08-01 0 days 1,832 sqft
2021-09-01 0 days 1,797 sqft
2021-10-01 0 days 1,732 sqft
2021-11-01 0 days 1,810 sqft
2021-12-01 0 days 1,810 sqft
2022-01-01 0 days 1,792 sqft
2022-02-01 0 days 1,780 sqft
2022-03-01 0 days 1,800 sqft
2022-04-01 0 days 1,848 sqft
ALTOONA's median listing age (time on market) for 2022-04-01 was 0 days.

ALTOONA's median square footage for active listings during the 2022-04-01 period was 1,848 sqft. One year prior, the average listing was 1,988 sqft.