Amsterdam Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Amsterdam averaged
5.99%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.09% and
one month ago for the week of 2024-09-05, the
average rate was 6.12%.
Amsterdam's average rate one year ago was 7.26%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.22%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Amsterdam 30 Year Fixed Rate | 2024-10-10 | 5.99% |
Amsterdam 30 Year Fixed Rate Refi | 2024-10-10 | 6.22% |
Amsterdam 15 Year Fixed Rate | 2024-10-10 | 5.41% |
Amsterdam 15 Year Fixed Rate Refi | 2024-10-10 | 5.61% |
Amsterdam 30 Year FHA | 2024-10-10 | 6.23% |
Amsterdam 30 Year FHA Refi | 2024-10-10 | 6.3% |
Amsterdam 30 Year USDA | 2024-10-10 | 6.18% |
Amsterdam 30 Year USDA Refi | 2024-10-10 | 6.08% |
Amsterdam 30 Year VA | 2024-10-10 | 5.65% |
Amsterdam 30 Year VA Refi | 2024-10-10 | 6.05% |
Amsterdam 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 Amsterdam, NY 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.).
Amsterdam Average Closing Costs & Other Stats
Amsterdam, NY's 36 lenders originated 688
loans during 2023. The total origination value was $103,500,000, with an average loan value of
$150,436.
Amsterdam's average closing costs are $4,635.
The top Amsterdam lender as defined by loan originations is HOMESTEAD FUNDING CORP., with
38 loans originated. Their average total fees are
$3,733, which is $163
higher than the next largest lender,
SEFCU SERVICES, LLC.
The lowest fee Amsterdam lenders (with over 10 loans originated) are
Community Bank ($357), SEFCU SERVICES, LLC ($3,570), HOMESTEAD FUNDING CORP. ($3,733), Farm Credit East, ACA ($3,925) and KeyBank ($4,043).
The lowest rate Amsterdam lenders (with over 10 loans originated) are
SEFCU SERVICES, LLC (5.82%), HOMESTEAD FUNDING CORP. (6.40%), KeyBank (6.64%), QUICKEN LOANS, LLC (6.76%) and Community Bank (7.15%).
Amsterdam, NY 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 |
---|---|---|---|---|
HOMESTEAD FUNDING CORP. | $16,775,000 | $12,525,000 | -25.3% | 12.1% |
QUICKEN LOANS, LLC | $8,970,000 | $9,690,000 | 8.0% | 9.4% |
Community Bank | $6,595,000 | $9,085,000 | 37.8% | 8.8% |
SEFCU SERVICES, LLC | $7,100,000 | $6,230,000 | -12.3% | 6.0% |
STATE EMPLOYEES FEDERAL CREDIT UNION | $5,365,000 | $5,940,000 | 10.7% | 5.7% |
UNITED WHOLESALE MORTGAGE, LLC | $2,575,000 | $5,550,000 | 115.5% | 5.4% |
NBT Bank | $5,905,000 | $4,540,000 | -23.1% | 4.4% |
TrustCo Bank | $3,100,000 | $4,490,000 | 44.8% | 4.3% |
SUNMARK FEDERAL CREDIT UNION | $10,070,000 | $4,205,000 | -58.2% | 4.1% |
KeyBank | $4,050,000 | $3,115,000 | -23.1% | 3.0% |
Farm Credit East, ACA | $2,250,000 | $3,060,000 | 36.0% | 3.0% |
NEWREZ LLC | $445,000 | $2,915,000 | 555.1% | 2.8% |
PLAZA HOME MORTGAGE, INC. | $1,145,000 | $2,410,000 | 110.5% | 2.3% |
Premium Mortgage Corporation | $2,380,000 | $1,825,000 | -23.3% | 1.8% |
Citizens Bank | $1,400,000 | $1,580,000 | 12.9% | 1.5% |
NAVY FEDERAL CREDIT UNION | $915,000 | $1,465,000 | 60.1% | 1.4% |
M&T Bank | $1,345,000 | $1,440,000 | 7.1% | 1.4% |
Empower Federal Credit Union | $1,355,000 | $1,355,000 | 0.0% | 1.3% |
Mortgage Research Center, LLC | $3,630,000 | $1,340,000 | -63.1% | 1.3% |
MOVEMENT MORTGAGE, LLC | $590,000 | $1,295,000 | 119.5% | 1.3% |
Ballston Spa National Bank | $310,000 | $1,090,000 | 251.6% | 1.1% |
First National Bank of Scotia | $1,010,000 | $955,000 | -5.4% | 0.9% |
The National Bank of Coxsackie | $940,000 | n/a | 0.9% | |
NP, Inc. | $770,000 | n/a | 0.7% | |
A&D Mortgage LLC | $190,000 | $720,000 | 278.9% | 0.7% |
AMERICAN FINANCIAL RESOURCES, INC. | $955,000 | $710,000 | -25.7% | 0.7% |
FIRST NEW YORK | $1,380,000 | $685,000 | -50.4% | 0.7% |
21ST MORTGAGE CORPORATION | $215,000 | $650,000 | 202.3% | 0.6% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,165,000 | $610,000 | -47.6% | 0.6% |
JPMorgan Chase Bank | $495,000 | $610,000 | 23.2% | 0.6% |
AMERICAN FINANCIAL NETWORK, INC. | $575,000 | n/a | 0.6% | |
PARAGON HOME LOANS INC. | $570,000 | n/a | 0.6% | |
Bank of Richmondville | $285,000 | $560,000 | 96.5% | 0.5% |
US MORTGAGE CORPORATION | $545,000 | n/a | 0.5% | |
USAA Federal Savings Bank | $525,000 | $490,000 | -6.7% | 0.5% |
Flagstar Bank, FSB | $1,160,000 | $450,000 | -61.2% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $1,100,000 | $410,000 | -62.7% | 0.4% |
LOANDEPOT.COM, LLC | $880,000 | $395,000 | -55.1% | 0.4% |
HUNT MORTGAGE CORPORATION | $360,000 | $360,000 | 0.0% | 0.3% |
CARDINAL FINANCIAL | $215,000 | $355,000 | 65.1% | 0.3% |
RELIANCE FIRST CAPITAL, LLC | $430,000 | $330,000 | -23.3% | 0.3% |
MLB RESIDENTIAL LENDING, LLC | $340,000 | $315,000 | -7.4% | 0.3% |
Logan Finance Corporation | $305,000 | n/a | 0.3% | |
VELOCITY COMMERCIAL CAPITAL, LLC | $325,000 | $305,000 | -6.2% | 0.3% |
Barrington Bank & Trust Company, N.A. | $95,000 | $290,000 | 205.3% | 0.3% |
PENNYMAC LOAN SERVICES, LLC | $145,000 | $290,000 | 100.0% | 0.3% |
AMERICAN FINANCING CORPORATION | $315,000 | $285,000 | -9.5% | 0.3% |
Bank of America | $55,000 | $275,000 | 400.0% | 0.3% |
Citibank | $235,000 | n/a | 0.2% | |
INTERSTATE HOME LOAN CENTER, INC. | $235,000 | n/a | 0.2% | |
Berkshire Bank | $695,000 | $210,000 | -69.8% | 0.2% |
Equity Prime Mortgage LLC | $175,000 | $195,000 | 11.4% | 0.2% |
TEMPLE VIEW CAPITAL FUNDING, LP | $195,000 | n/a | 0.2% | |
CROSSCOUNTRY MORTGAGE, LLC | $180,000 | $175,000 | -2.8% | 0.2% |
East Coast Capital Corp. | $125,000 | $175,000 | 40.0% | 0.2% |
HUDSON HERITAGE | $175,000 | n/a | 0.2% | |
UNITED NORTHERN MORTGAGE BANKERS LIMITED | $165,000 | $165,000 | 0.0% | 0.2% |
AMERICU Credit Union | $935,000 | $160,000 | -82.9% | 0.2% |
LENDINGHOME FUNDING CORPORATION | $85,000 | $145,000 | 70.6% | 0.1% |
Wells Fargo Bank | $650,000 | $145,000 | -77.7% | 0.1% |
Carrington Mortgage Services, LLC | $475,000 | $135,000 | -71.6% | 0.1% |
Chemung Canal Trust Company | $225,000 | $135,000 | -40.0% | 0.1% |
Evolve Bank & Trust | $145,000 | $135,000 | -6.9% | 0.1% |
U.S. Bank | $130,000 | n/a | 0.1% | |
Bank of England | $300,000 | $125,000 | -58.3% | 0.1% |
FREEDOM MORTGAGE CORPORATION | $105,000 | $105,000 | 0.0% | 0.1% |
Pioneer Bank | $35,000 | $100,000 | 185.7% | 0.1% |
FIRST SOURCE | $100,000 | $90,000 | -10.0% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $85,000 | n/a | 0.1% | |
GPO Federal Credit Union | $305,000 | $70,000 | -77.0% | 0.1% |
Baxter Credit Union | $125,000 | $65,000 | -48.0% | 0.1% |
FIRST CREDIT CORPORATION OF NEW YORK, INC. | $65,000 | n/a | 0.1% | |
GREENWOOD | $65,000 | n/a | 0.1% | |
Discover Bank | $55,000 | n/a | 0.1% | |
COMMUNITY RESOURCE FEDERAL CREDIT UNION | $205,000 | $35,000 | -82.9% | 0.0% |
PNC Bank | $25,000 | $35,000 | 40.0% | 0.0% |
Saratoga National Bank and Trust Company | $35,000 | n/a | 0.0% | |
CFCU Community Credit Union | $25,000 | n/a | 0.0% |
Amsterdam's top lender by overall market share is HOMESTEAD FUNDING CORP., with 12.1% market share. In second place, with 9.4%, is QUICKEN LOANS, LLC, having originated $9,690,000 in loans. In third place, with 8.8%, is Community Bank, having originated $9,085,000 in loans. In fourth place, with 6.0%, is SEFCU SERVICES, LLC, having originated $6,230,000 in loans. In fifth place, with 5.7%, is STATE EMPLOYEES FEDERAL CREDIT UNION, having originated $5,940,000 in loans.
Amsterdam Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Amsterdam (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $129,450 (29.5%) | $152,946 (14.1%) | 0.00 | 171 |
2018-02-01 | $134,900 (42.8%) | $156,600 (21.6%) | 0.00 | 163 |
2018-03-01 | $134,950 (40.9%) | $158,429 (27.2%) | 0.00 | 169 |
2018-04-01 | $135,000 (22.8%) | $163,344 (25.9%) | 0.00 | 170 |
2018-05-01 | $137,000 (28.2%) | $175,154 (28.6%) | 0.00 | 179 |
2018-06-01 | $135,000 (24.1%) | $176,009 (28.1%) | 0.00 | 188 |
2018-07-01 | $129,950 (8.3%) | $172,473 (20.4%) | 0.00 | 182 |
2018-08-01 | $129,925 (8.8%) | $174,243 (21.4%) | 0.00 | 177 |
2018-09-01 | $126,500 (5.9%) | $174,366 (19.3%) | 0.00 | 182 |
2018-10-01 | $129,700 (4.5%) | $176,169 (17.6%) | 0.00 | 191 |
2018-11-01 | $129,975 (1.5%) | $176,226 (17.9%) | 0.00 | 178 |
2018-12-01 | $124,950 (0.0%) | $172,505 (16.4%) | 0.00 | 168 |
2019-01-01 | $122,900 (-5.1%) | $172,660 (12.9%) | 0.00 | 160 |
2019-02-01 | $128,425 (-4.8%) | $172,905 (10.4%) | 0.00 | 150 |
2019-03-01 | $127,806 (-5.3%) | $174,053 (9.9%) | 0.00 | 145 |
2019-04-01 | $125,782 (-6.8%) | $172,476 (5.6%) | 0.00 | 143 |
2019-05-01 | $132,400 (-3.4%) | $180,089 (2.8%) | 0.00 | 156 |
2019-06-01 | $144,900 (7.3%) | $185,429 (5.4%) | 0.00 | 176 |
2019-07-01 | $137,450 (5.8%) | $185,139 (7.3%) | 0.00 | 188 |
2019-08-01 | $141,336 (8.8%) | $181,514 (4.2%) | 0.00 | 188 |
2019-09-01 | $143,341 (13.3%) | $176,765 (1.4%) | 0.00 | 189 |
2019-10-01 | $146,700 (13.1%) | $182,712 (3.7%) | 0.00 | 190 |
2019-11-01 | $139,900 (7.6%) | $184,342 (4.6%) | 0.00 | 186 |
2019-12-01 | $132,400 (6.0%) | $180,119 (4.4%) | 0.00 | 183 |
2020-01-01 | $124,900 (1.6%) | $181,974 (5.4%) | 0.00 | 166 |
2020-02-01 | $124,900 (-2.7%) | $183,232 (6.0%) | 0.00 | 162 |
2020-03-01 | $127,400 (-0.3%) | $182,810 (5.0%) | 0.00 | 170 |
2020-04-01 | $132,425 (5.3%) | $184,123 (6.8%) | 0.00 | 170 |
2020-05-01 | $129,900 (-1.9%) | $189,857 (5.4%) | 0.00 | 158 |
2020-06-01 | $135,000 (-6.8%) | $193,470 (4.3%) | 0.00 | 143 |
2020-07-01 | $146,000 (6.2%) | $206,477 (11.5%) | 0.00 | 134 |
2020-08-01 | $152,450 (7.9%) | $211,717 (16.6%) | 0.00 | 135 |
2020-09-01 | $149,563 (4.3%) | $205,045 (16.0%) | 0.00 | 139 |
2020-10-01 | $140,000 (-4.6%) | $184,750 (1.1%) | 0.00 | 126 |
2020-11-01 | $140,350 (0.3%) | $181,759 (-1.4%) | 0.00 | 122 |
2020-12-01 | $155,338 (17.3%) | $197,504 (9.7%) | 0.00 | 105 |
2021-01-01 | $159,000 (27.3%) | $211,939 (16.5%) | 0.00 | 92 |
2021-02-01 | $171,475 (37.3%) | $232,513 (26.9%) | 0.00 | 75 |
2021-03-01 | $173,200 (36.0%) | $219,822 (20.3%) | 0.00 | 62 |
2021-04-01 | $187,375 (41.5%) | $265,132 (44.0%) | 0.00 | 58 |
2021-05-01 | $177,400 (36.6%) | $249,309 (31.3%) | 0.00 | 58 |
2021-06-01 | $163,500 (21.1%) | $243,932 (26.1%) | 0.00 | 74 |
2021-07-01 | $159,950 (9.6%) | $236,150 (14.4%) | 0.00 | 85 |
2021-08-01 | $184,975 (21.3%) | $252,401 (19.2%) | 0.00 | 94 |
2021-09-01 | $185,325 (23.9%) | $264,775 (29.1%) | 0.00 | 90 |
2021-10-01 | $178,500 (27.5%) | $242,955 (31.5%) | 0.00 | 96 |
2021-11-01 | $186,000 (32.5%) | $258,038 (42.0%) | 0.00 | 88 |
2021-12-01 | $213,100 (37.2%) | $272,284 (37.9%) | 0.00 | 79 |
2022-01-01 | $187,000 (17.6%) | $269,292 (27.1%) | 0.00 | 75 |
2022-02-01 | $188,450 (9.9%) | $267,557 (15.1%) | 0.00 | 57 |
2022-03-01 | $207,425 (19.8%) | $285,862 (30.0%) | 0.00 | 63 |
2022-04-01 | $212,450 (13.4%) | $302,179 (14.0%) | 0.00 | 53 |
2022-05-01 | $184,000 (3.7%) | $268,940 (7.9%) | 0.00 | 62 |
2022-06-01 | $204,875 (25.3%) | $256,497 (5.2%) | 0.00 | 73 |
2022-07-01 | $202,250 (26.5%) | $255,077 (8.0%) | 0.00 | 78 |
2022-08-01 | $225,725 (22.0%) | $261,404 (3.6%) | 0.00 | 77 |
2022-09-01 | $221,950 (19.8%) | $266,773 (0.8%) | 0.00 | 78 |
2022-10-01 | $209,450 (17.3%) | $260,992 (7.4%) | 0.00 | 90 |
2022-11-01 | $191,875 (3.2%) | $246,186 (-4.6%) | 0.00 | 93 |
2022-12-01 | $193,950 (-9.0%) | $245,475 (-9.9%) | 0.00 | 90 |
2023-01-01 | $189,450 (1.3%) | $247,971 (-7.9%) | 0.00 | 90 |
2023-02-01 | $193,450 (2.7%) | $254,874 (-4.7%) | 0.00 | 82 |
2023-03-01 | $239,450 (15.4%) | $267,385 (-6.5%) | 0.00 | 72 |
2023-04-01 | $239,000 (12.5%) | $265,632 (-12.1%) | 0.00 | 69 |
2023-05-01 | $234,225 (27.3%) | $263,571 (-2.0%) | 0.00 | 78 |
2023-06-01 | $222,450 (8.6%) | $243,015 (-5.3%) | 0.00 | 80 |
2023-07-01 | $214,450 (6.0%) | $238,192 (-6.6%) | 0.00 | 77 |
2023-08-01 | $214,450 (-5.0%) | $239,571 (-8.4%) | 0.00 | 74 |
2023-09-01 | $192,450 (-13.3%) | $235,753 (-11.6%) | 0.00 | 83 |
2023-10-01 | $185,975 (-11.2%) | $224,315 (-14.1%) | 0.00 | 92 |
2023-11-01 | $186,700 (-2.7%) | $223,639 (-9.2%) | 0.00 | 91 |
2023-12-01 | $187,000 (-3.6%) | $222,751 (-9.3%) | 0.00 | 85 |
2024-01-01 | $181,500 (-4.2%) | $220,278 (-11.2%) | 0.00 | 74 |
2024-02-01 | $178,500 (-7.7%) | $217,784 (-14.6%) | 0.00 | 66 |
2024-03-01 | $169,950 (-29.0%) | $218,377 (-18.3%) | 0.00 | 61 |
2024-04-01 | $169,250 (-29.2%) | $233,665 (-12.0%) | 0.00 | 57 |
2024-05-01 | $199,800 (-14.7%) | $256,936 (-2.5%) | 0.00 | 66 |
2024-06-01 | $209,950 (-5.6%) | $250,324 (3.0%) | 0.00 | 73 |
2024-07-01 | $208,200 (-2.9%) | $251,421 (5.6%) | 0.00 | 73 |
2024-08-01 | $215,000 (0.3%) | $248,320 (3.7%) | 0.00 | 85 |
2024-09-01 | $215,250 (11.9%) | $255,972 (8.6%) | 0.00 | 82 |
Amsterdam's median listing price comes in at 0% of the national average.
Amsterdam's average listing price for 2024-09-01 was $255,972, a difference of $20,219 (8.6%) versus the prior year and $7,652 versus the prior month.
For the 2024-09-01 period, Amsterdam had 82 MLS listings, a difference of -3 listings (-4%) versus the prior month and -1 listings (-1%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Amsterdam (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,750 sqft |
2018-02-01 | 0 days | 1,756 sqft |
2018-03-01 | 0 days | 1,800 sqft |
2018-04-01 | 0 days | 1,834 sqft |
2018-05-01 | 0 days | 1,815 sqft |
2018-06-01 | 0 days | 1,800 sqft |
2018-07-01 | 0 days | 1,752 sqft |
2018-08-01 | 0 days | 1,744 sqft |
2018-09-01 | 0 days | 1,766 sqft |
2018-10-01 | 0 days | 1,774 sqft |
2018-11-01 | 0 days | 1,835 sqft |
2018-12-01 | 0 days | 1,815 sqft |
2019-01-01 | 0 days | 1,725 sqft |
2019-02-01 | 0 days | 1,736 sqft |
2019-03-01 | 0 days | 1,719 sqft |
2019-04-01 | 0 days | 1,701 sqft |
2019-05-01 | 0 days | 1,824 sqft |
2019-06-01 | 0 days | 1,728 sqft |
2019-07-01 | 0 days | 1,665 sqft |
2019-08-01 | 0 days | 1,720 sqft |
2019-09-01 | 0 days | 1,709 sqft |
2019-10-01 | 0 days | 1,715 sqft |
2019-11-01 | 0 days | 1,730 sqft |
2019-12-01 | 0 days | 1,696 sqft |
2020-01-01 | 0 days | 1,675 sqft |
2020-02-01 | 0 days | 1,680 sqft |
2020-03-01 | 0 days | 1,694 sqft |
2020-04-01 | 0 days | 1,694 sqft |
2020-05-01 | 0 days | 1,696 sqft |
2020-06-01 | 0 days | 1,750 sqft |
2020-07-01 | 0 days | 1,795 sqft |
2020-08-01 | 0 days | 1,848 sqft |
2020-09-01 | 0 days | 1,775 sqft |
2020-10-01 | 0 days | 1,732 sqft |
2020-11-01 | 0 days | 1,700 sqft |
2020-12-01 | 0 days | 1,649 sqft |
2021-01-01 | 0 days | 1,690 sqft |
2021-02-01 | 0 days | 1,678 sqft |
2021-03-01 | 0 days | 1,644 sqft |
2021-04-01 | 0 days | 1,821 sqft |
2021-05-01 | 0 days | 1,912 sqft |
2021-06-01 | 0 days | 1,746 sqft |
2021-07-01 | 0 days | 1,736 sqft |
2021-08-01 | 0 days | 1,794 sqft |
2021-09-01 | 0 days | 1,847 sqft |
2021-10-01 | 0 days | 1,830 sqft |
2021-11-01 | 0 days | 1,832 sqft |
2021-12-01 | 0 days | 1,905 sqft |
2022-01-01 | 0 days | 2,000 sqft |
2022-02-01 | 0 days | 1,851 sqft |
2022-03-01 | 0 days | 1,911 sqft |
2022-04-01 | 0 days | 1,901 sqft |
2022-05-01 | 0 days | 1,867 sqft |
2022-06-01 | 0 days | 1,801 sqft |
2022-07-01 | 0 days | 1,855 sqft |
2022-08-01 | 0 days | 1,857 sqft |
2022-09-01 | 0 days | 1,677 sqft |
2022-10-01 | 0 days | 1,674 sqft |
2022-11-01 | 0 days | 1,660 sqft |
2022-12-01 | 0 days | 1,815 sqft |
2023-01-01 | 0 days | 1,922 sqft |
2023-02-01 | 0 days | 1,943 sqft |
2023-03-01 | 0 days | 1,939 sqft |
2023-04-01 | 0 days | 1,924 sqft |
2023-05-01 | 0 days | 1,835 sqft |
2023-06-01 | 0 days | 1,802 sqft |
2023-07-01 | 0 days | 1,743 sqft |
2023-08-01 | 0 days | 1,661 sqft |
2023-09-01 | 0 days | 1,628 sqft |
2023-10-01 | 0 days | 1,588 sqft |
2023-11-01 | 0 days | 1,605 sqft |
2023-12-01 | 0 days | 1,600 sqft |
2024-01-01 | 0 days | 1,603 sqft |
2024-02-01 | 0 days | 1,636 sqft |
2024-03-01 | 0 days | 1,512 sqft |
2024-04-01 | 0 days | 1,603 sqft |
2024-05-01 | 0 days | 1,744 sqft |
2024-06-01 | 0 days | 1,824 sqft |
2024-07-01 | 0 days | 1,708 sqft |
2024-08-01 | 0 days | 1,848 sqft |
2024-09-01 | 0 days | 1,742 sqft |
Amsterdam's median square footage for active listings during the 2024-09-01 period was 1,742 sqft. One year prior, the average listing was 1,628 sqft.
Amsterdam, NY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 382 | $73,610,000 | $192,696 |
Home Improvement | 130 | $9,170,000 | $70,538 |
Cash Out Refi | 72 | $10,910,000 | $151,528 |
Other | 56 | $4,290,000 | $76,607 |
Refi | 48 | $5,520,000 | $115,000 |
Amsterdam's most frequently cited loan purpose was Home Purchase, with 382 originations. The 2nd most popular reason was Home Improvement, with 130 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 258 | $41,220,000 | $159,767 |
7-8% | 142 | $24,050,000 | $169,366 |
5-6% | 104 | $19,380,000 | $186,346 |
Over 8% | 72 | $7,130,000 | $99,028 |
<2.5% | 40 | $2,260,000 | $56,500 |
4-5% | 23 | $2,995,000 | $130,217 |
3-4% | 14 | $1,300,000 | $92,857 |
During 2023, Amsterdam's most frequently originated rate bucket was 6-7%, with 258 originations.
Loan Sizing (Amsterdam, NY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 266 | $38,590,000 | $145,075 |
$100,000 or less | 255 | $14,715,000 | $57,706 |
$200k-400k | 155 | $41,055,000 | $264,871 |
$400k-600k | 8 | $3,690,000 | $461,250 |
$600k-1000k | 2 | $1,250,000 | $625,000 |
$Over $1MM | 2 | $4,200,000 | $2,100,000 |
Amsterdam's loan sizing saw the bucket of loans from $100k-200k with 266 originations, totaling $38,590,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 299 | $58,825,000 | $196,739 |
20-40% | 111 | $7,955,000 | $71,667 |
60-80% | 110 | $18,210,000 | $165,545 |
40-60% | 66 | $9,980,000 | $151,212 |
Under 20% | 59 | $1,735,000 | $29,407 |
Over 100% | 7 | $1,615,000 | $230,714 |
Amsterdam's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 299 originations, totaling $58,825,000 in origination value.