Amsterdam Mortgage Rates

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

30 Year Fixed Rate mortgages in Amsterdam averaged 5.93% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 6.1% and one month ago for the week of 2022-05-19, the average rate was 5.57%.

Amsterdam's average rate one year ago was 3.01%.

For refis of the same type during the week of 2022-06-23, the average rate was 6.3%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Amsterdam 30 Year Fixed Rate 2022-06-23 5.93%
Amsterdam 30 Year Fixed Rate Refi 2022-06-23 6.3%
Amsterdam 15 Year Fixed Rate 2022-06-23 5.08%
Amsterdam 15 Year Fixed Rate Refi 2022-06-23 5.37%
Amsterdam 30 Year FHA 2022-06-23 -0.08%
Amsterdam 30 Year FHA Refi 2022-06-23 0.24%
Amsterdam 30 Year USDA 2022-06-23 -0.06%
Amsterdam 30 Year USDA Refi 2022-06-23 -0.23%
Amsterdam 30 Year VA 2022-06-23 0.53%
Amsterdam 30 Year VA Refi 2022-06-23 -0.07%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Amsterdam, NY.

Amsterdam 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 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
HOMESTEAD FUNDING CORP. 76 3.30% $3,444
SEFCU SERVICES, LLC 34 3.09% $3,089
QUICKEN LOANS, LLC 30 3.21% $5,122
SUNMARK FEDERAL CREDIT UNION 21 3.08% $3,551
KeyBank 18 3.14% $2,895
CCFCU FUNDING, LLC 18 3.03% $3,561
NBT Bank 17 2.99% $2,980
HOME POINT FINANCIAL CORPORATION 16 3.32% $5,331
TrustCo Bank 16 3.15% $1,848
Community Bank 11 3.65% $867
JPMorgan Chase Bank 6 3.33% $2,952
1ST PRIORITY MORTGAGE, INC. 6 3.02% $3,580
Farm Credit East, ACA 5 3.71% $5,419
Bank of Richmondville 5 3.50% $1,294
Premium Mortgage Corporation 5 3.12% $3,846
Flagstar Bank, FSB 4 3.32% $4,051
Glens Falls National Bank and Trust Company 4 3.28% $2,823
Wells Fargo Bank 4 3.81% $4,020
UNITED WHOLESALE MORTGAGE, LLC 4 3.08% $3,496
CALIBER HOME LOANS, INC. 3 3.50% $4,201
Mr. Cooper ( Nationstar Mortgage ) 2 3.63% $7,322
NAVY FEDERAL CREDIT UNION 2 3.31% $3,956
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.19% $5,120
AMERICU Credit Union 2 3.31% $6,140
Empower Federal Credit Union 2 3.63% $2,877
Manufacturers and Traders Trust Company 2 3.38% $3,548
CROSSCOUNTRY MORTGAGE, LLC 2 3.31% $4,583
PLAZA HOME MORTGAGE, INC. 1 3.38% $3,814
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.75% $5,619
Bank of America 1 3.00% $3,519
Quontic Bank 1 5.13% $11,672
RELIANCE FIRST CAPITAL, LLC 1 3.25% $6,413
ROYAL UNITED MORTGAGE LLC 1 4.38% $6,859
Saratoga National Bank and Trust Company 1 3.25% $4,166
ARC HOME LLC 1 2.88% $3,038
AMERICAN FINANCING CORPORATION 1 2.50% $9,617
EMBRACE HOME LOANS, INC. 1 3.25% $4,755
Discover Bank 1 4.25% $0
First Home Bank 1 3.13% $9,133
FIRST NEW YORK 1 2.88% $2,682
GUARANTEED RATE, INC. 1 2.99% $4,130
Citizens Bank 1 3.00% $3,799
Chemung Canal Trust Company 1 3.75% $0
HUDSON VALLEY CREDIT UNION 1 3.25% $3,806
BETTER MORTGAGE CORPORATION 1 3.25% $4,367
LOANDEPOT.COM, LLC 1 3.75% $3,146
MOVEMENT MORTGAGE, LLC 1 3.38% $3,559
Berkshire Bank 1 3.25% $4,852
NEWREZ LLC 1 3.88% $4,659

Amsterdam, NY's 49 lenders originated 1,132 loans during 2021. The total origination value was $156,060,000, with an average loan value of $137,862.

The top Amsterdam lender as defined by loan originations is HOMESTEAD FUNDING CORP., with 76 loans originated. Their average total fees are $3,444, which is $355 higher than the next largest lender, SEFCU SERVICES, LLC.

The lowest fee Amsterdam lenders (with over 10 loans originated) are Community Bank ($867), TrustCo Bank ($1,848), KeyBank ($2,895), NBT Bank ($2,980) and SEFCU SERVICES, LLC ($3,089).

The lowest rate Amsterdam lenders (with over 10 loans originated) are NBT Bank (2.99%), CCFCU FUNDING, LLC (3.03%), SUNMARK FEDERAL CREDIT UNION (3.08%), SEFCU SERVICES, LLC (3.09%) and KeyBank (3.14%).

Amsterdam, NY 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
HOMESTEAD FUNDING CORP. $12,800,000 $24,035,000 87.8% 15.4%
QUICKEN LOANS, LLC $10,650,000 $17,035,000 60.0% 10.9%
SEFCU SERVICES, LLC $8,415,000 $12,785,000 51.9% 8.2%
SUNMARK FEDERAL CREDIT UNION $8,140,000 $11,875,000 45.9% 7.6%
KeyBank $7,010,000 $8,405,000 19.9% 5.4%
NBT Bank $8,160,000 $6,695,000 -18.0% 4.3%
TrustCo Bank $4,550,000 $6,275,000 37.9% 4.0%
HOME POINT FINANCIAL CORPORATION $3,165,000 $6,050,000 91.2% 3.9%
CCFCU FUNDING, LLC $5,770,000 $4,945,000 -14.3% 3.2%
Community Bank $1,880,000 $3,865,000 105.6% 2.5%
STATE EMPLOYEES FEDERAL CREDIT UNION $2,505,000 $3,570,000 42.5% 2.3%
Premium Mortgage Corporation $3,505,000 $2,340,000 -33.2% 1.5%
Flagstar Bank, FSB $545,000 $2,085,000 282.6% 1.3%
UNITED WHOLESALE MORTGAGE, LLC $1,050,000 $1,925,000 83.3% 1.2%
Citizens Bank $695,000 $1,920,000 176.3% 1.2%
CALIBER HOME LOANS, INC. $1,150,000 $1,835,000 59.6% 1.2%
NAVY FEDERAL CREDIT UNION $655,000 $1,710,000 161.1% 1.1%
Wells Fargo Bank $595,000 $1,710,000 187.4% 1.1%
CAPITAL COMMUNICATIONS Federal Credit Union $1,090,000 $1,690,000 55.0% 1.1%
JPMorgan Chase Bank $525,000 $1,690,000 221.9% 1.1%
Mr. Cooper ( Nationstar Mortgage ) $1,820,000 $1,675,000 -8.0% 1.1%
AMERICAN FINANCIAL RESOURCES, INC. $1,575,000 $1,505,000 -4.4% 1.0%
Bank of Richmondville $805,000 $1,450,000 80.1% 0.9%
PLAZA HOME MORTGAGE, INC. $2,705,000 $1,385,000 -48.8% 0.9%
1ST PRIORITY MORTGAGE, INC. $1,380,000 n/a 0.9%
Mortgage Research Center, LLC $790,000 $1,370,000 73.4% 0.9%
Farm Credit East, ACA $1,725,000 $1,345,000 -22.0% 0.9%
The National Bank of Coxsackie $550,000 $1,110,000 101.8% 0.7%
AMERICU Credit Union $545,000 $1,070,000 96.3% 0.7%
FIRST NEW YORK $530,000 $1,065,000 100.9% 0.7%
Manufacturers and Traders Trust Company $820,000 $1,060,000 29.3% 0.7%
Empower Federal Credit Union $755,000 $1,025,000 35.8% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $185,000 $1,025,000 454.1% 0.7%
First National Bank of Scotia $1,070,000 $935,000 -12.6% 0.6%
USAA Federal Savings Bank $330,000 $900,000 172.7% 0.6%
FREEDOM MORTGAGE CORPORATION $860,000 n/a 0.6%
Carrington Mortgage Services, LLC $980,000 $850,000 -13.3% 0.5%
Quontic Bank $810,000 n/a 0.5%
AMERICAN FINANCING CORPORATION $320,000 $750,000 134.4% 0.5%
LOANDEPOT.COM, LLC $390,000 $720,000 84.6% 0.5%
Bank of America $325,000 $695,000 113.8% 0.4%
Berkshire Bank $310,000 $670,000 116.1% 0.4%
NEWREZ LLC $895,000 $650,000 -27.4% 0.4%
ROYAL UNITED MORTGAGE LLC $435,000 $635,000 46.0% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $585,000 n/a 0.4%
RELIANCE FIRST CAPITAL, LLC $545,000 n/a 0.3%
FIRST SOURCE $85,000 $540,000 535.3% 0.3%
Saratoga National Bank and Trust Company $275,000 $520,000 89.1% 0.3%
Glens Falls National Bank and Trust Company $25,000 $465,000 1,760.0% 0.3%
21ST MORTGAGE CORPORATION $430,000 n/a 0.3%
MOVEMENT MORTGAGE, LLC $225,000 $415,000 84.4% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $320,000 $390,000 21.9% 0.2%
Barrington Bank & Trust Company, N.A. $590,000 $340,000 -42.4% 0.2%
HUDSON VALLEY CREDIT UNION $285,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $630,000 $280,000 -55.6% 0.2%
MLB RESIDENTIAL LENDING, LLC $850,000 $265,000 -68.8% 0.2%
EMBRACE HOME LOANS, INC. $250,000 n/a 0.2%
Chemung Canal Trust Company $245,000 n/a 0.2%
ARC HOME LLC $165,000 $240,000 45.5% 0.2%
HUNT MORTGAGE CORPORATION $85,000 $205,000 141.2% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $190,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $205,000 $185,000 -9.8% 0.1%
Bank of England $135,000 $180,000 33.3% 0.1%
First Home Bank $165,000 n/a 0.1%
Equity Prime Mortgage LLC $255,000 $155,000 -39.2% 0.1%
Pioneer Bank $150,000 n/a 0.1%
Adirondack Bank $145,000 n/a 0.1%
First Federal Bank $145,000 n/a 0.1%
PNC Bank $135,000 n/a 0.1%
ALLIED MORTGAGE GROUP, INC. $185,000 $125,000 -32.4% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $125,000 $115,000 -8.0% 0.1%
COMMUNITY RESOURCE FEDERAL CREDIT UNION $190,000 $115,000 -39.5% 0.1%
OWNERSCHOICE FUNDING, INCORPORATED $390,000 $115,000 -70.5% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $115,000 n/a 0.1%
Ballston Spa National Bank $525,000 $110,000 -79.0% 0.1%
FINANCE OF AMERICA COMMERCIAL LLC $95,000 n/a 0.1%
TD Bank $135,000 $95,000 -29.6% 0.1%
Discover Bank $85,000 n/a 0.1%
GUARANTEED RATE, INC. $325,000 $85,000 -73.8% 0.1%
Baxter Credit Union $65,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $55,000 n/a 0.0%
The Bank of Greene County $55,000 n/a 0.0%

Amsterdam's top lender by overall market share is HOMESTEAD FUNDING CORP., with 15.4% market share. In second place, with 10.9%, is QUICKEN LOANS, LLC, having originated $17,035,000 in loans. In third place, with 8.2%, is SEFCU SERVICES, LLC, having originated $12,785,000 in loans. In third place, with 7.6%, is SUNMARK FEDERAL CREDIT UNION, having originated $11,875,000 in loans. In third place, with 5.4%, is KeyBank, having originated $8,405,000 in loans.


Amsterdam, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 551 $87,055,000 $157,995
Refi 278 $35,440,000 $127,482
Cash Out Refi 191 $26,405,000 $138,246
Home Improvement 80 $4,870,000 $60,875
Other 32 $2,290,000 $71,563

Amsterdam's most frequently cited loan purpose was Home Purchase, with 551 originations. The 2nd most popular reason was Refi, with 278 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 420 $59,560,000 $141,810
3-4% 419 $61,145,000 $145,931
<2.5% 153 $21,055,000 $137,614
4-5% 61 $5,415,000 $88,770
5-6% 14 $1,680,000 $120,000
6-7% 8 $400,000 $50,000
Over 8% 6 $500,000 $83,333
7-8% 3 $175,000 $58,333

During 2021, Amsterdam's most frequently originated rate bucket was 2.5-3%, with 420 originations.

Loan Sizing (Amsterdam, NY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 538 $77,330,000 $143,736
$100,000 or less 395 $26,155,000 $66,215
$200k-400k 192 $49,350,000 $257,031
$400k-600k 7 $3,225,000 $460,714

Amsterdam's loan sizing saw the bucket of loans from $100k-200k with 538 originations, totaling $77,330,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 509 $81,735,000 $160,580
60-80% 318 $45,740,000 $143,836
40-60% 124 $13,140,000 $105,968
20-40% 74 $4,300,000 $58,108
Under 20% 40 $1,160,000 $29,000
Over 100% 13 $3,035,000 $233,462

Amsterdam's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 509 originations, totaling $81,735,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Amsterdam (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 $135,000 (15.1%) $165,864 (0.2%) 0.00 191
2018-02-01 $139,900 (22.8%) $168,528 (8.1%) 0.00 188
2018-03-01 $139,900 (21.8%) $163,656 (11.9%) 0.00 191
2018-04-01 $142,400 (14.4%) $171,369 (13.8%) 0.00 190
2018-05-01 $148,000 (23.4%) $182,979 (18.8%) 0.00 206
2018-06-01 $149,000 (19.3%) $185,637 (15.2%) 0.00 222
2018-07-01 $149,900 (17.6%) $191,121 (19.0%) 0.00 225
2018-08-01 $152,250 (17.2%) $194,065 (18.1%) 0.00 222
2018-09-01 $149,500 (15.1%) $193,492 (14.5%) 0.00 237
2018-10-01 $149,000 (10.8%) $197,830 (16.5%) 0.00 247
2018-11-01 $149,250 (6.1%) $199,018 (17.0%) 0.00 228
2018-12-01 $139,900 (3.7%) $195,981 (19.0%) 0.00 216
2019-01-01 $134,050 (-0.7%) $192,273 (15.9%) 0.00 193
2019-02-01 $134,950 (-3.5%) $179,510 (6.5%) 0.00 170
2019-03-01 $136,900 (-2.1%) $191,200 (16.8%) 0.00 167
2019-04-01 $144,950 (1.8%) $203,916 (19.0%) 0.00 176
2019-05-01 $154,700 (4.5%) $209,750 (14.6%) 0.00 185
2019-06-01 $159,900 (7.3%) $214,984 (15.8%) 0.00 217
2019-07-01 $157,650 (5.2%) $209,861 (9.8%) 0.00 233
2019-08-01 $160,586 (5.5%) $209,387 (7.9%) 0.00 235
2019-09-01 $160,586 (7.4%) $204,576 (5.7%) 0.00 239
2019-10-01 $152,500 (2.4%) $199,320 (0.8%) 0.00 234
2019-11-01 $149,900 (0.4%) $196,666 (-1.2%) 0.00 222
2019-12-01 $143,950 (2.9%) $192,297 (-1.9%) 0.00 221
2020-01-01 $137,450 (2.5%) $191,178 (-0.6%) 0.00 215
2020-02-01 $134,900 (0.0%) $190,825 (6.3%) 0.00 210
2020-03-01 $144,450 (5.5%) $193,358 (1.1%) 0.00 206
2020-04-01 $149,700 (3.3%) $196,297 (-3.7%) 0.00 202
2020-05-01 $145,000 (-6.3%) $200,616 (-4.4%) 0.00 180
2020-06-01 $149,900 (-6.3%) $199,263 (-7.3%) 0.00 160
2020-07-01 $155,450 (-1.4%) $217,855 (3.8%) 0.00 148
2020-08-01 $159,900 (-0.4%) $220,566 (5.3%) 0.00 150
2020-09-01 $159,450 (-0.7%) $233,447 (14.1%) 0.00 159
2020-10-01 $149,900 (-1.7%) $203,017 (1.9%) 0.00 143
2020-11-01 $152,400 (1.7%) $204,999 (4.2%) 0.00 141
2020-12-01 $156,950 (9.0%) $203,140 (5.6%) 0.00 117
2021-01-01 $159,000 (15.7%) $204,673 (7.1%) 0.00 105
2021-02-01 $170,450 (26.4%) $221,816 (16.2%) 0.00 89
2021-03-01 $176,750 (22.4%) $230,572 (19.3%) 0.00 68
2021-04-01 $182,400 (21.8%) $273,960 (39.6%) 0.00 61
2021-05-01 $175,000 (20.7%) $256,938 (28.1%) 0.00 61
2021-06-01 $167,450 (11.7%) $247,657 (24.3%) 0.00 82
2021-07-01 $167,450 (7.7%) $251,040 (15.2%) 0.00 103
2021-08-01 $185,450 (16.0%) $260,832 (18.3%) 0.00 116
2021-09-01 $195,000 (22.3%) $275,272 (17.9%) 0.00 110
2021-10-01 $187,000 (24.8%) $257,186 (26.7%) 0.00 114
2021-11-01 $190,500 (25.0%) $268,906 (31.2%) 0.00 102
2021-12-01 $198,500 (26.5%) $273,899 (34.8%) 0.00 90
2022-01-01 $179,000 (12.6%) $271,964 (32.9%) 0.00 80
2022-02-01 $204,450 (20.0%) $278,399 (25.5%) 0.00 64
2022-03-01 $222,450 (25.9%) $289,986 (25.8%) 0.00 74
2022-04-01 $225,000 (23.4%) $306,681 (11.9%) 0.00 69
2022-05-01 $228,000 (30.3%) $285,845 (11.3%) 0.00 75
Amsterdam's median listing price for 2022-05-01 was $228,000, a difference of $53,000 (30.3%) versus the prior year and $3,000 versus the prior month.

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

Amsterdam's average listing price for 2022-05-01 was $285,845, a difference of $28,907 (11.3%) versus the prior year and $-20,836 versus the prior month.

For the 2022-05-01 period, Amsterdam had 75 MLS listings, a difference of 6 listings (9%) versus the prior month and 14 listings (23%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Amsterdam (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,744 sqft
2018-02-01 0 days 1,750 sqft
2018-03-01 0 days 1,750 sqft
2018-04-01 0 days 1,800 sqft
2018-05-01 0 days 1,802 sqft
2018-06-01 0 days 1,800 sqft
2018-07-01 0 days 1,759 sqft
2018-08-01 0 days 1,772 sqft
2018-09-01 0 days 1,768 sqft
2018-10-01 0 days 1,828 sqft
2018-11-01 0 days 1,867 sqft
2018-12-01 0 days 1,845 sqft
2019-01-01 0 days 1,716 sqft
2019-02-01 0 days 1,718 sqft
2019-03-01 0 days 1,779 sqft
2019-04-01 0 days 1,872 sqft
2019-05-01 0 days 1,895 sqft
2019-06-01 0 days 1,813 sqft
2019-07-01 0 days 1,700 sqft
2019-08-01 0 days 1,786 sqft
2019-09-01 0 days 1,824 sqft
2019-10-01 0 days 1,779 sqft
2019-11-01 0 days 1,856 sqft
2019-12-01 0 days 1,788 sqft
2020-01-01 0 days 1,733 sqft
2020-02-01 0 days 1,680 sqft
2020-03-01 0 days 1,713 sqft
2020-04-01 0 days 1,735 sqft
2020-05-01 0 days 1,746 sqft
2020-06-01 0 days 1,798 sqft
2020-07-01 0 days 1,864 sqft
2020-08-01 0 days 1,920 sqft
2020-09-01 0 days 1,895 sqft
2020-10-01 0 days 1,727 sqft
2020-11-01 0 days 1,691 sqft
2020-12-01 0 days 1,632 sqft
2021-01-01 0 days 1,644 sqft
2021-02-01 0 days 1,652 sqft
2021-03-01 0 days 1,614 sqft
2021-04-01 0 days 1,788 sqft
2021-05-01 0 days 1,836 sqft
2021-06-01 0 days 1,743 sqft
2021-07-01 0 days 1,735 sqft
2021-08-01 0 days 1,775 sqft
2021-09-01 0 days 1,847 sqft
2021-10-01 0 days 1,830 sqft
2021-11-01 0 days 1,820 sqft
2021-12-01 0 days 1,774 sqft
2022-01-01 0 days 1,830 sqft
2022-02-01 0 days 1,928 sqft
2022-03-01 0 days 1,840 sqft
2022-04-01 0 days 1,800 sqft
2022-05-01 0 days 1,816 sqft
Amsterdam's median listing age (time on market) for 2022-05-01 was 0 days.

Amsterdam's median square footage for active listings during the 2022-05-01 period was 1,816 sqft. One year prior, the average listing was 1,836 sqft.