ALTOONA Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Altoona averaged
6.82%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.85% and
one month ago for the week of 2025-05-15, the
average rate was 7.02%.
Altoona's average rate one year ago was 6.96%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.81%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Altoona 30 Year Fixed Rate | 2025-06-18 | 6.82% |
| Altoona 30 Year Fixed Rate Refi | 2025-06-18 | 6.81% |
| Altoona 15 Year Fixed Rate | 2025-06-18 | 5.96% |
| Altoona 15 Year Fixed Rate Refi | 2025-06-18 | 6.06% |
| Altoona 30 Year FHA | 2025-06-18 | 0.02% |
| Altoona 30 Year FHA Refi | 2025-06-18 | 0.2% |
| Altoona 30 Year USDA | 2025-06-18 | -0.1% |
| Altoona 30 Year USDA Refi | 2025-06-18 | 0% |
| Altoona 30 Year VA | 2025-06-18 | 0% |
| Altoona 30 Year VA Refi | 2025-06-18 | -0.2% |
ALTOONA 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 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.).
ALTOONA Average Closing Costs & Other Stats
ALTOONA, PA's 82 lenders originated 1,967
loans during 2024. The total origination value was $281,575,000, with an average loan value of
$143,149.
ALTOONA's average closing costs are $4,988.
The top ALTOONA lender as defined by loan originations is Flagstar Bank, FSB, with
71 loans originated. Their average total fees are
$4,433, which is $1,095
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee ALTOONA lenders (with over 10 loans originated) are
S&T Bank ($3,497), EQUITY RESOURCES, INC. ($3,995), Kish Bank ($4,035), First National Bank of Pennsylvania ($4,091) and AmeriHome Mortgage Company, LLC ($4,402).
The lowest rate ALTOONA lenders (with over 10 loans originated) are
Kish Bank (6.24%), Citizens Bank (6.45%), EQUITY RESOURCES, INC. (6.53%), S&T Bank (6.67%) and Flagstar Bank, FSB (6.68%).
ALTOONA, PA 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| Reliance Savings Bank | $21,150,000 | $23,425,000 | 10.8% | 8.3% |
| Flagstar Bank, FSB | $16,725,000 | $19,210,000 | 14.9% | 6.8% |
| Jersey Shore State Bank | $9,795,000 | $15,200,000 | 55.2% | 5.4% |
| QUICKEN LOANS, LLC | $10,655,000 | $15,195,000 | 42.6% | 5.4% |
| First Commonwealth Bank | $13,420,000 | $15,150,000 | 12.9% | 5.4% |
| First National Bank of Pennsylvania | $14,890,000 | $14,340,000 | -3.7% | 5.1% |
| Citizens Bank | $15,095,000 | $10,325,000 | -31.6% | 3.7% |
| Customers Bank | $9,505,000 | n/a | 3.4% | |
| EQUITY RESOURCES, INC. | $12,845,000 | $8,845,000 | -31.1% | 3.1% |
| WALKER & DUNLOP, LLC | $8,465,000 | n/a | 3.0% | |
| M&T Bank | $7,845,000 | $8,385,000 | 6.9% | 3.0% |
| Mortgage Research Center, LLC | $4,075,000 | $8,350,000 | 104.9% | 3.0% |
| Altoona First Savings Bank | $12,010,000 | $8,310,000 | -30.8% | 3.0% |
| Kish Bank | $3,065,000 | $7,075,000 | 130.8% | 2.5% |
| UNION HOME MORTGAGE CORP. | $1,965,000 | $5,870,000 | 198.7% | 2.1% |
| ARC Federal Credit Union | $3,550,000 | $5,280,000 | 48.7% | 1.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,960,000 | $5,260,000 | 32.8% | 1.9% |
| S&T Bank | $12,500,000 | $4,600,000 | -63.2% | 1.6% |
| PENNSYLVANIA STATE EMPLOYEES Credit Union | $5,945,000 | $4,590,000 | -22.8% | 1.6% |
| PennCrest Bank | $4,820,000 | $4,415,000 | -8.4% | 1.6% |
| NEWREZ LLC | $1,090,000 | $4,330,000 | 297.2% | 1.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,795,000 | $4,315,000 | 13.7% | 1.5% |
| PNC Bank | $1,480,000 | $3,635,000 | 145.6% | 1.3% |
| Hometown Bank of Pennsylvania | $2,855,000 | $3,345,000 | 17.2% | 1.2% |
| CNB Bank | $1,805,000 | $3,330,000 | 84.5% | 1.2% |
| INVESTMENT SAVINGS BANK | $4,690,000 | $3,225,000 | -31.2% | 1.1% |
| 1st Summit Bank | $995,000 | $2,230,000 | 124.1% | 0.8% |
| RADIUS FINANCIAL GROUP INC. | $2,055,000 | n/a | 0.7% | |
| NORWICH COMMERCIAL GROUP, INC. | $5,755,000 | $1,980,000 | -65.6% | 0.7% |
| AmeriHome Mortgage Company, LLC | $3,830,000 | $1,940,000 | -49.3% | 0.7% |
| MidAtlantic Farm Credit, ACA | $685,000 | $1,850,000 | 170.1% | 0.7% |
| FREEDOM MORTGAGE CORPORATION | $1,765,000 | $1,845,000 | 4.5% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $2,150,000 | $1,720,000 | -20.0% | 0.6% |
| ZILLOW HOME LOANS, LLC | $1,655,000 | n/a | 0.6% | |
| CMG MORTGAGE, INC. | $300,000 | $1,650,000 | 450.0% | 0.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,170,000 | $1,500,000 | 28.2% | 0.5% |
| U.S. Bank | $615,000 | $1,500,000 | 143.9% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $530,000 | $1,345,000 | 153.8% | 0.5% |
| BROKER SOLUTIONS, INC. | $600,000 | $1,315,000 | 119.2% | 0.5% |
| LOANDEPOT.COM, LLC | $715,000 | $1,205,000 | 68.5% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $1,465,000 | $1,075,000 | -26.6% | 0.4% |
| Blair County FCU | $1,295,000 | $1,065,000 | -17.8% | 0.4% |
| Equity Prime Mortgage LLC | $465,000 | $785,000 | 68.8% | 0.3% |
| Wells Fargo Bank | $1,100,000 | $765,000 | -30.5% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $115,000 | $695,000 | 504.3% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $105,000 | $690,000 | 557.1% | 0.2% |
| PLANET HOME LENDING, LLC | $85,000 | $685,000 | 705.9% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $370,000 | $630,000 | 70.3% | 0.2% |
| GUILD MORTGAGE COMPANY | $875,000 | $625,000 | -28.6% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $495,000 | $600,000 | 21.2% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $310,000 | $600,000 | 93.5% | 0.2% |
| The Huntington National Bank | $615,000 | $585,000 | -4.9% | 0.2% |
| AmeriServ Financial Bank | $1,310,000 | $555,000 | -57.6% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $540,000 | n/a | 0.2% | |
| Mr. Cooper ( Nationstar Mortgage ) | $335,000 | $540,000 | 61.2% | 0.2% |
| The Loan Store, Inc. | $370,000 | $535,000 | 44.6% | 0.2% |
| EMM LOANS LLC | $1,350,000 | $525,000 | -61.1% | 0.2% |
| MILEND, INC. | $520,000 | n/a | 0.2% | |
| ALLIED MORTGAGE GROUP, INC. | $510,000 | n/a | 0.2% | |
| NEW DAY FINANCIAL, LLC | $1,225,000 | $510,000 | -58.4% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $505,000 | n/a | 0.2% | |
| Luxury Mortgage Corp. | $485,000 | n/a | 0.2% | |
| Carrington Mortgage Services, LLC | $885,000 | $470,000 | -46.9% | 0.2% |
| Kwik Mortgage Corporation | $465,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $460,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $245,000 | $435,000 | 77.6% | 0.2% |
| JPMorgan Chase Bank | $65,000 | $430,000 | 561.5% | 0.2% |
| EASTERN SAVINGS BANK | $425,000 | n/a | 0.2% | |
| NBKC BANK | $420,000 | n/a | 0.1% | |
| MEMBER FIRST MORTGAGE, LLC | $135,000 | $410,000 | 203.7% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $725,000 | $410,000 | -43.4% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $125,000 | $405,000 | 224.0% | 0.1% |
| FIRST HERITAGE FINANCIAL, LLC | $95,000 | $385,000 | 305.3% | 0.1% |
| Citadel Servicing Corporation | $375,000 | n/a | 0.1% | |
| Keystone Funding, Inc. | $365,000 | n/a | 0.1% | |
| Slovenian Savings & Loan Association of Franklin-Conemaugh | $330,000 | $355,000 | 7.6% | 0.1% |
| HOMESTEAD FUNDING CORP. | $345,000 | n/a | 0.1% | |
| Discover Bank | $325,000 | $340,000 | 4.6% | 0.1% |
| MEMBERS 1ST FEDERAL CREDIT UNION | $580,000 | $330,000 | -43.1% | 0.1% |
| Dollar Bank, Federal Savings Bank | $135,000 | $320,000 | 137.0% | 0.1% |
| Figure Lending LLC | $80,000 | $320,000 | 300.0% | 0.1% |
| USAA Federal Savings Bank | $895,000 | $320,000 | -64.2% | 0.1% |
| Mid Penn Bank | $325,000 | $315,000 | -3.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $165,000 | $305,000 | 84.8% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $85,000 | $300,000 | 252.9% | 0.1% |
| Coastal Community Bank | $245,000 | $295,000 | 20.4% | 0.1% |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $145,000 | $265,000 | 82.8% | 0.1% |
| Princeton Mortgage Corporation | $450,000 | $265,000 | -41.1% | 0.1% |
| Integrity Home Mortgage Corp | $250,000 | n/a | 0.1% | |
| SOMERSET TRUST COMPANY | $1,595,000 | $250,000 | -84.3% | 0.1% |
| FIRST HOME MORTGAGE CORPORATION | $225,000 | n/a | 0.1% | |
| TOTAL MORTGAGE SERVICES, LLC | $220,000 | n/a | 0.1% | |
| ABSOLUTE HOME MORTGAGE CORPORATION | $175,000 | $215,000 | 22.9% | 0.1% |
| BETTER MORTGAGE CORPORATION | $215,000 | n/a | 0.1% | |
| NexBank | $215,000 | n/a | 0.1% | |
| Union Savings Bank | $215,000 | n/a | 0.1% | |
| InFirst Bank | $255,000 | $210,000 | -17.6% | 0.1% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $205,000 | n/a | 0.1% | |
| The Federal Savings Bank | $205,000 | n/a | 0.1% | |
| Truist | $160,000 | $205,000 | 28.1% | 0.1% |
| Logan Finance Corporation | $200,000 | n/a | 0.1% | |
| DOMINION FINANCIAL SERVICES, LLC | $85,000 | $190,000 | 123.5% | 0.1% |
| ABERDEEN PROVING GROUND FEDERAL CREDIT UNION | $185,000 | n/a | 0.1% | |
| MORTGAGEONE, INC. | $185,000 | n/a | 0.1% | |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $165,000 | n/a | 0.1% | |
| C-B-W Schools Federal Credit Union | $155,000 | n/a | 0.1% | |
| TD Bank | $485,000 | $155,000 | -68.0% | 0.1% |
| 21ST MORTGAGE CORPORATION | $270,000 | $145,000 | -46.3% | 0.1% |
| Alcova Mortgage LLC | $145,000 | n/a | 0.1% | |
| Bank of America | $165,000 | $145,000 | -12.1% | 0.1% |
| POLARIS HOME FUNDING CORP. | $145,000 | n/a | 0.1% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $430,000 | $145,000 | -66.3% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $110,000 | $145,000 | 31.8% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $420,000 | $135,000 | -67.9% | 0.0% |
| TOWNE MORTGAGE COMPANY | $135,000 | n/a | 0.0% | |
| LOANPAL, LLC | $125,000 | $130,000 | 4.0% | 0.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $130,000 | n/a | 0.0% | |
| OMEGA Federal Credit Union | $130,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $285,000 | $125,000 | -56.1% | 0.0% |
| NEXTIER BANK, NATIONAL ASSOCIATION | $125,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $125,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $420,000 | $115,000 | -72.6% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $105,000 | $115,000 | 9.5% | 0.0% |
| NFM, INC. | $275,000 | $115,000 | -58.2% | 0.0% |
| THRIVENT Federal Credit Union | $105,000 | $110,000 | 4.8% | 0.0% |
| Advance Financial Group, LLC | $105,000 | n/a | 0.0% | |
| GUARANTEED RATE, INC. | $280,000 | $105,000 | -62.5% | 0.0% |
| NEXERA HOLDING LLC | $105,000 | n/a | 0.0% | |
| ONY GLO, INC. | $105,000 | n/a | 0.0% | |
| Ally Bank | $75,000 | $95,000 | 26.7% | 0.0% |
| Clear Mountain Bank | $95,000 | n/a | 0.0% | |
| OWNERSCHOICE FUNDING, INCORPORATED | $95,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $95,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $85,000 | $75,000 | -11.8% | 0.0% |
| HOMESPIRE MORTGAGE CORPORATION | $75,000 | n/a | 0.0% | |
| Northwest Bank | $625,000 | $75,000 | -88.0% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $55,000 | n/a | 0.0% | |
| HORIZON Federal Credit Union | $55,000 | n/a | 0.0% | |
| Ixonia Bank | $55,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $55,000 | n/a | 0.0% | |
| Community State Bank of Orbisonia | $805,000 | $45,000 | -94.4% | 0.0% |
| Deere Employees Credit Union | $45,000 | n/a | 0.0% | |
| Titan FCU | $35,000 | n/a | 0.0% | |
| USSCO Federal Credit Union | $35,000 | n/a | 0.0% |
ALTOONA's top lender by overall market share is Reliance Savings Bank, with 8.3% market share. In second place, with 6.8%, is Flagstar Bank, FSB, having originated $19,210,000 in loans. In third place, with 5.4%, is Jersey Shore State Bank, having originated $15,200,000 in loans. In fourth place, with 5.4%, is QUICKEN LOANS, LLC, having originated $15,195,000 in loans. In fifth place, with 5.4%, is First Commonwealth Bank, having originated $15,150,000 in loans.
ALTOONA, PA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 923 | $176,305,000 | $191,013 |
| Home Improvement | 339 | $19,985,000 | $58,953 |
| Refi | 268 | $36,180,000 | $135,000 |
| Other | 247 | $15,895,000 | $64,352 |
| Cash Out Refi | 190 | $33,210,000 | $174,789 |
Altoona's most frequently cited loan purpose was Home Purchase, with 923 originations. The 2nd most popular reason was Home Improvement, with 339 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 685 | $127,195,000 | $185,686 |
| 7-8% | 285 | $37,565,000 | $131,807 |
| Over 8% | 256 | $18,640,000 | $72,813 |
| 5-6% | 252 | $46,860,000 | $185,952 |
| 4-5% | 15 | $1,365,000 | $91,000 |
| <2.5% | 11 | $115,000 | $10,455 |
| 3-4% | 8 | $450,000 | $56,250 |
During 2024, Altoona's most frequently originated rate bucket was 6-7%, with 685 originations.
Loan Sizing (ALTOONA, PA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 900 | $46,200,000 | $51,333 |
| $100k-200k | 685 | $97,145,000 | $141,818 |
| $200k-400k | 327 | $86,235,000 | $263,716 |
| $400k-600k | 43 | $20,215,000 | $470,116 |
| $600k-1000k | 7 | $4,975,000 | $710,714 |
| $Over $1MM | 5 | $26,805,000 | $5,361,000 |
ALTOONA's loan sizing saw the bucket of loans from $100,000 or less with 900 originations, totaling $46,200,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 610 | $109,600,000 | $179,672 |
| 60-80% | 312 | $65,710,000 | $210,609 |
| 20-40% | 236 | $17,380,000 | $73,644 |
| Under 20% | 186 | $6,450,000 | $34,677 |
| 40-60% | 138 | $26,770,000 | $193,986 |
| Over 100% | 12 | $2,670,000 | $222,500 |
ALTOONA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 610 originations, totaling $109,600,000 in origination value.