Auburn Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Auburn averaged
6.91%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
7.26% and
one month ago for the week of 2023-10-19, the
average rate was 7.05%.
Auburn's average rate one year ago was 6.43%.
For refis of the same type during the week of 2023-11-22, the average rate
was 7.29%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
Auburn 30 Year Fixed Rate | 2023-11-22 | 6.91% |
Auburn 30 Year Fixed Rate Refi | 2023-11-22 | 7.29% |
Auburn 15 Year Fixed Rate | 2023-11-22 | 6.47% |
Auburn 15 Year Fixed Rate Refi | 2023-11-22 | 6.77% |
Auburn 30 Year FHA | 2023-11-22 | -0.75% |
Auburn 30 Year FHA Refi | 2023-11-22 | -0.2% |
Auburn 30 Year USDA | 2023-11-22 | -0.2% |
Auburn 30 Year USDA Refi | 2023-11-22 | -0.2% |
Auburn 30 Year VA | 2023-11-22 | -0.2% |
Auburn 30 Year VA Refi | 2023-11-22 | 0.2% |
Auburn 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 Auburn, 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.).
Auburn Average Closing Costs & Other Stats
Auburn, NY's 60 lenders originated 1,402
loans during 2022. The total origination value was $202,390,000, with an average loan value of
$144,358.
Auburn's average closing costs are $4,484.
The top Auburn lender as defined by loan originations is The Lyons National Bank, with
70 loans originated. Their average total fees are
$5,127, which is $831
higher than the next largest lender,
Genesee Regional Bank.
The lowest fee Auburn lenders (with over 10 loans originated) are
CFCU Community Credit Union ($512), Community Bank ($1,288), KeyBank ($3,269), Tompkins Trust Company ($3,409) and AMERICU Credit Union ($4,171).
The lowest rate Auburn lenders (with over 10 loans originated) are
CFCU Community Credit Union (4.00%), Empower Federal Credit Union (4.42%), Tompkins Trust Company (4.46%), 1ST PRIORITY MORTGAGE, INC. (4.62%) and The Lyons National Bank (4.70%).
Auburn, 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
The Lyons National Bank | $30,610,000 | $23,460,000 | -23.4% | 11.6% |
AMERICU Credit Union | $12,895,000 | $12,775,000 | -0.9% | 6.3% |
Genesee Regional Bank | $7,675,000 | $12,515,000 | 63.1% | 6.2% |
KeyBank | $23,045,000 | $11,910,000 | -48.3% | 5.9% |
Empower Federal Credit Union | $11,110,000 | $11,070,000 | -0.4% | 5.5% |
QUICKEN LOANS, LLC | $26,435,000 | $10,255,000 | -61.2% | 5.1% |
M&T Bank | $7,495,000 | $7,585,000 | 1.2% | 3.7% |
Community Bank | $6,755,000 | $5,575,000 | -17.5% | 2.8% |
PARAGON HOME LOANS INC. | $11,710,000 | $5,495,000 | -53.1% | 2.7% |
Tompkins Trust Company | $9,780,000 | $5,280,000 | -46.0% | 2.6% |
JPMorgan Chase Bank | $3,135,000 | $4,540,000 | 44.8% | 2.2% |
PLAZA HOME MORTGAGE, INC. | $6,370,000 | $4,470,000 | -29.8% | 2.2% |
UNITED WHOLESALE MORTGAGE, LLC | $3,275,000 | $4,200,000 | 28.2% | 2.1% |
1ST PRIORITY MORTGAGE, INC. | $3,995,000 | $3,550,000 | -11.1% | 1.8% |
NBT Bank | $2,535,000 | $3,215,000 | 26.8% | 1.6% |
CFCU Community Credit Union | $6,180,000 | $3,130,000 | -49.4% | 1.5% |
Chemung Canal Trust Company | $4,155,000 | $2,885,000 | -30.6% | 1.4% |
Wells Fargo Bank | $3,895,000 | $2,840,000 | -27.1% | 1.4% |
VISIONS | $1,965,000 | $2,575,000 | 31.0% | 1.3% |
Farm Credit East, ACA | $1,605,000 | $2,270,000 | 41.4% | 1.1% |
SEFCU SERVICES, LLC | $1,765,000 | $2,130,000 | 20.7% | 1.1% |
MOVEMENT MORTGAGE, LLC | $3,555,000 | $2,080,000 | -41.5% | 1.0% |
Premium Mortgage Corporation | $2,375,000 | $2,010,000 | -15.4% | 1.0% |
Geddes Federal Savings and Loan Association | $2,340,000 | $1,945,000 | -16.9% | 1.0% |
HUNT MORTGAGE CORPORATION | $1,250,000 | $1,895,000 | 51.6% | 0.9% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,905,000 | $1,870,000 | -1.8% | 0.9% |
Fulton Savings Bank | $1,170,000 | $1,600,000 | 36.8% | 0.8% |
HOMESTEAD FUNDING CORP. | $2,970,000 | $1,485,000 | -50.0% | 0.7% |
HOME TOWN FUNDING, INC. | $1,685,000 | $1,350,000 | -19.9% | 0.7% |
Pathfinder Bank | $1,040,000 | $1,275,000 | 22.6% | 0.6% |
Mr. Cooper ( Nationstar Mortgage ) | $1,390,000 | $1,225,000 | -11.9% | 0.6% |
Elmira Savings Bank | $3,780,000 | $1,200,000 | -68.3% | 0.6% |
THE SUMMIT Federal Credit Union | $1,185,000 | $1,040,000 | -12.2% | 0.5% |
Generations Bank | $2,290,000 | $1,015,000 | -55.7% | 0.5% |
Citizens Bank | $730,000 | $1,010,000 | 38.4% | 0.5% |
21ST MORTGAGE CORPORATION | $565,000 | $990,000 | 75.2% | 0.5% |
LOANDEPOT.COM, LLC | $815,000 | $950,000 | 16.6% | 0.5% |
Barrington Bank & Trust Company, N.A. | $540,000 | $920,000 | 70.4% | 0.5% |
Mortgage Research Center, LLC | $3,455,000 | $810,000 | -76.6% | 0.4% |
Seneca Savings | $1,050,000 | $710,000 | -32.4% | 0.4% |
NAVY FEDERAL CREDIT UNION | $1,700,000 | $690,000 | -59.4% | 0.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $690,000 | $665,000 | -3.6% | 0.3% |
NORTHERN CREDIT UNION | $95,000 | $665,000 | 600.0% | 0.3% |
USAA Federal Savings Bank | $570,000 | $635,000 | 11.4% | 0.3% |
CORNING | $575,000 | n/a | 0.3% | |
STATE EMPLOYEES FEDERAL CREDIT UNION | $245,000 | $550,000 | 124.5% | 0.3% |
Five Star Bank | $1,410,000 | $530,000 | -62.4% | 0.3% |
Wayne Bank | $950,000 | $490,000 | -48.4% | 0.2% |
NEWREZ LLC | $1,825,000 | $480,000 | -73.7% | 0.2% |
TOGETHER CREDIT UNION | $455,000 | n/a | 0.2% | |
Bank of America | $1,510,000 | $435,000 | -71.2% | 0.2% |
RELIANCE FIRST CAPITAL, LLC | $435,000 | n/a | 0.2% | |
CROSSCOUNTRY MORTGAGE, LLC | $155,000 | $420,000 | 171.0% | 0.2% |
Carrington Mortgage Services, LLC | $870,000 | $400,000 | -54.0% | 0.2% |
Northpointe Bank | $355,000 | n/a | 0.2% | |
AMERICAN FINANCING CORPORATION | $875,000 | $345,000 | -60.6% | 0.2% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $345,000 | n/a | 0.2% | |
OSWEGO COUNTY | $65,000 | $335,000 | 415.4% | 0.2% |
Solvay Bank | $2,040,000 | $335,000 | -83.6% | 0.2% |
Stifel Bank and Trust | $335,000 | n/a | 0.2% | |
TD Bank | $1,260,000 | $335,000 | -73.4% | 0.2% |
City National Bank | $145,000 | $325,000 | 124.1% | 0.2% |
Northwest Bank | $325,000 | n/a | 0.2% | |
UTILITIES EMPLOYEES CREDIT UNION | $310,000 | n/a | 0.2% | |
The Bank of Greene County | $305,000 | n/a | 0.2% | |
AgFirst Farm Credit Bank | $295,000 | n/a | 0.1% | |
SUN WEST MORTGAGE COMPANY, INC. | $295,000 | n/a | 0.1% | |
The Huntington National Bank | $295,000 | n/a | 0.1% | |
Morgan Stanley Private Bank | $425,000 | $285,000 | -32.9% | 0.1% |
Berkshire Bank | $150,000 | $280,000 | 86.7% | 0.1% |
RELIANT COMMUNITY FEDERAL CREDIT UNION | $345,000 | $260,000 | -24.6% | 0.1% |
The Canandaigua National Bank and Trust Company | $1,895,000 | $255,000 | -86.5% | 0.1% |
U.S. Bank | $805,000 | $255,000 | -68.3% | 0.1% |
Bank of England | $250,000 | n/a | 0.1% | |
CALIBER HOME LOANS, INC. | $820,000 | $250,000 | -69.5% | 0.1% |
MLD MORTGAGE INC. | $245,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $310,000 | $245,000 | -21.0% | 0.1% |
The Federal Savings Bank | $245,000 | n/a | 0.1% | |
LIMA ONE CAPITAL, LLC | $155,000 | $235,000 | 51.6% | 0.1% |
CREDIT HUMAN FEDERAL CREDIT UNION | $255,000 | $230,000 | -9.8% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $270,000 | $215,000 | -20.4% | 0.1% |
LONGBRIDGE FINANCIAL, LLC | $215,000 | n/a | 0.1% | |
GUARANTEED RATE AFFINITY, LLC | $205,000 | n/a | 0.1% | |
United Nations Federal Credit Union | $205,000 | n/a | 0.1% | |
East Coast Capital Corp. | $85,000 | $200,000 | 135.3% | 0.1% |
VELOCITY COMMERCIAL CAPITAL, LLC | $200,000 | n/a | 0.1% | |
Ally Bank | $195,000 | n/a | 0.1% | |
SECNY Federal Credit Union | $385,000 | $175,000 | -54.5% | 0.1% |
Tioga State Bank | $205,000 | $175,000 | -14.6% | 0.1% |
US MORTGAGE CORPORATION | $175,000 | n/a | 0.1% | |
SILVER HILL FUNDING, LLC | $165,000 | n/a | 0.1% | |
The National Bank of Coxsackie | $115,000 | $165,000 | 43.5% | 0.1% |
MORTGAGE ACCESS CORP. | $155,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $525,000 | $150,000 | -71.4% | 0.1% |
FINANCE OF AMERICA REVERSE LLC | $135,000 | $145,000 | 7.4% | 0.1% |
GUARANTEED RATE, INC. | $115,000 | $145,000 | 26.1% | 0.1% |
ALLIED MORTGAGE GROUP, INC. | $135,000 | n/a | 0.1% | |
FINANCE OF AMERICA MORTGAGE LLC | $125,000 | n/a | 0.1% | |
Third Federal Savings and Loan Association of Cleveland | $125,000 | n/a | 0.1% | |
Flagstar Bank, FSB | $155,000 | $115,000 | -25.8% | 0.1% |
MID-HUDSON VALLEY | $115,000 | n/a | 0.1% | |
Nations Lending Corporation | $115,000 | n/a | 0.1% | |
Discover Bank | $105,000 | $110,000 | 4.8% | 0.1% |
Charles Schwab Bank, SSB | $105,000 | n/a | 0.1% | |
FAMILY FIRST OF NY | $105,000 | n/a | 0.1% | |
CAPITAL COMMUNICATIONS Federal Credit Union | $55,000 | $95,000 | 72.7% | 0.0% |
Bethpage Federal Credit Union | $280,000 | $85,000 | -69.6% | 0.0% |
FIRST HERITAGE FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
Deere Employees Credit Union | $55,000 | n/a | 0.0% | |
TRIAD FINANCIAL SERVICES, INC. | $85,000 | $50,000 | -41.2% | 0.0% |
Advantage Federal Credit Union | $35,000 | n/a | 0.0% | |
AMERICAN ADVISORS GROUP | $35,000 | $35,000 | 0.0% | 0.0% |
Auburn's top lender by overall market share is The Lyons National Bank, with 11.6% market share. In second place, with 6.3%, is AMERICU Credit Union, having originated $12,775,000 in loans. In third place, with 6.2%, is Genesee Regional Bank, having originated $12,515,000 in loans. In fourth place, with 5.9%, is KeyBank, having originated $11,910,000 in loans. In fifth place, with 5.5%, is Empower Federal Credit Union, having originated $11,070,000 in loans.
Auburn Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Auburn (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 | $129,900 (-4.1%) | $197,170 (-1.2%) | 0.00 | 253 |
2018-02-01 | $139,450 (-0.3%) | $214,134 (7.7%) | 0.00 | 250 |
2018-03-01 | $139,900 (-1.3%) | $212,323 (1.5%) | 0.00 | 234 |
2018-04-01 | $147,575 (-1.0%) | $216,022 (-0.4%) | 0.00 | 247 |
2018-05-01 | $157,625 (4.3%) | $218,887 (-2.2%) | 0.00 | 253 |
2018-06-01 | $174,950 (9.7%) | $234,655 (3.8%) | 0.00 | 291 |
2018-07-01 | $179,900 (10.2%) | $239,623 (-4.8%) | 0.00 | 312 |
2018-08-01 | $179,800 (10.7%) | $245,507 (-0.9%) | 0.00 | 302 |
2018-09-01 | $171,200 (7.1%) | $245,090 (1.0%) | 0.00 | 294 |
2018-10-01 | $173,500 (15.7%) | $246,839 (5.4%) | 0.00 | 294 |
2018-11-01 | $173,000 (15.8%) | $253,104 (7.1%) | 0.00 | 278 |
2018-12-01 | $167,750 (19.9%) | $253,396 (16.8%) | 0.00 | 252 |
2019-01-01 | $159,900 (23.1%) | $242,634 (23.1%) | 0.00 | 212 |
2019-02-01 | $159,950 (14.7%) | $249,530 (16.5%) | 0.00 | 196 |
2019-03-01 | $178,471 (27.6%) | $264,080 (24.4%) | 0.00 | 204 |
2019-04-01 | $192,150 (30.2%) | $278,229 (28.8%) | 0.00 | 223 |
2019-05-01 | $194,150 (23.2%) | $270,782 (23.7%) | 0.00 | 248 |
2019-06-01 | $189,900 (8.6%) | $269,475 (14.8%) | 0.00 | 277 |
2019-07-01 | $202,688 (12.7%) | $279,605 (16.7%) | 0.00 | 274 |
2019-08-01 | $202,591 (12.7%) | $281,239 (14.6%) | 0.00 | 269 |
2019-09-01 | $198,265 (15.8%) | $281,894 (15.0%) | 0.00 | 261 |
2019-10-01 | $194,600 (12.2%) | $280,231 (13.5%) | 0.00 | 252 |
2019-11-01 | $179,450 (3.7%) | $272,041 (7.5%) | 0.00 | 246 |
2019-12-01 | $169,900 (1.3%) | $256,487 (1.2%) | 0.00 | 221 |
2020-01-01 | $165,750 (3.7%) | $256,247 (5.6%) | 0.00 | 193 |
2020-02-01 | $174,900 (9.4%) | $251,172 (0.7%) | 0.00 | 189 |
2020-03-01 | $179,900 (0.8%) | $260,687 (-1.3%) | 0.00 | 172 |
2020-04-01 | $179,300 (-6.7%) | $261,363 (-6.1%) | 0.00 | 160 |
2020-05-01 | $189,900 (-2.2%) | $278,846 (3.0%) | 0.00 | 163 |
2020-06-01 | $214,900 (13.2%) | $294,596 (9.3%) | 0.00 | 180 |
2020-07-01 | $216,950 (7.0%) | $297,759 (6.5%) | 0.00 | 182 |
2020-08-01 | $219,900 (8.5%) | $295,030 (4.9%) | 0.00 | 152 |
2020-09-01 | $189,425 (-4.5%) | $281,060 (-0.3%) | 0.00 | 150 |
2020-10-01 | $182,400 (-6.3%) | $302,198 (7.8%) | 0.00 | 145 |
2020-11-01 | $179,875 (0.2%) | $301,615 (10.9%) | 0.00 | 128 |
2020-12-01 | $154,325 (-9.2%) | $284,822 (11.1%) | 0.00 | 128 |
2021-01-01 | $164,900 (-0.5%) | $299,487 (16.9%) | 0.00 | 98 |
2021-02-01 | $156,950 (-10.3%) | $319,822 (27.3%) | 0.00 | 84 |
2021-03-01 | $177,375 (-1.4%) | $346,860 (33.1%) | 0.00 | 82 |
2021-04-01 | $216,975 (21.0%) | $351,332 (34.4%) | 0.00 | 83 |
2021-05-01 | $214,900 (13.2%) | $334,418 (19.9%) | 0.00 | 93 |
2021-06-01 | $199,450 (-7.2%) | $324,052 (10.0%) | 0.00 | 102 |
2021-07-01 | $197,450 (-9.0%) | $303,317 (1.9%) | 0.00 | 122 |
2021-08-01 | $237,400 (8.0%) | $330,142 (11.9%) | 0.00 | 104 |
2021-09-01 | $223,450 (18.0%) | $335,874 (19.5%) | 0.00 | 114 |
2021-10-01 | $229,900 (26.0%) | $344,928 (14.1%) | 0.00 | 117 |
2021-11-01 | $215,925 (20.0%) | $297,052 (-1.5%) | 0.00 | 88 |
2021-12-01 | $196,945 (27.6%) | $260,471 (-8.6%) | 0.00 | 82 |
2022-01-01 | $179,900 (9.1%) | $266,644 (-11.0%) | 0.00 | 75 |
2022-02-01 | $159,900 (1.9%) | $262,686 (-17.9%) | 0.00 | 66 |
2022-03-01 | $166,450 (-6.2%) | $232,556 (-33.0%) | 0.00 | 58 |
2022-04-01 | $194,900 (-10.2%) | $276,020 (-21.4%) | 0.00 | 78 |
2022-05-01 | $205,450 (-4.4%) | $303,750 (-9.2%) | 0.00 | 91 |
2022-06-01 | $216,425 (8.5%) | $317,547 (-2.0%) | 0.00 | 95 |
2022-07-01 | $202,250 (2.4%) | $316,294 (4.3%) | 0.00 | 116 |
2022-08-01 | $217,450 (-8.4%) | $333,045 (0.9%) | 0.00 | 125 |
2022-09-01 | $191,175 (-14.4%) | $324,875 (-3.3%) | 0.00 | 127 |
2022-10-01 | $189,900 (-17.4%) | $332,016 (-3.7%) | 0.00 | 123 |
2022-11-01 | $196,175 (-9.2%) | $340,827 (14.7%) | 0.00 | 109 |
2022-12-01 | $199,900 (1.5%) | $322,659 (23.9%) | 0.00 | 95 |
2023-01-01 | $186,100 (3.5%) | $309,843 (16.2%) | 0.00 | 71 |
2023-02-01 | $189,900 (18.8%) | $305,410 (16.3%) | 0.00 | 62 |
2023-03-01 | $210,375 (26.4%) | $375,924 (61.7%) | 0.00 | 53 |
2023-04-01 | $265,000 (36.0%) | $409,868 (48.5%) | 0.00 | 54 |
2023-05-01 | $235,700 (14.7%) | $393,021 (29.4%) | 0.00 | 55 |
2023-06-01 | $237,475 (9.7%) | $360,770 (13.6%) | 0.00 | 61 |
2023-07-01 | $234,950 (16.2%) | $343,902 (8.7%) | 0.00 | 80 |
2023-08-01 | $241,650 (11.1%) | $331,305 (-0.5%) | 0.00 | 91 |
2023-09-01 | $239,950 (25.5%) | $385,186 (18.6%) | 0.00 | 102 |
2023-10-01 | $237,500 (25.1%) | $387,659 (16.8%) | 0.00 | 88 |
Auburn's median listing price comes in at 0% of the national average.
Auburn's average listing price for 2023-10-01 was $387,659, a difference of $55,643 (16.8%) versus the prior year and $2,473 versus the prior month.
For the 2023-10-01 period, Auburn had 88 MLS listings, a difference of -14 listings (-14%) versus the prior month and -35 listings (-28%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Auburn (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,713 sqft |
2018-02-01 | 0 days | 1,680 sqft |
2018-03-01 | 0 days | 1,721 sqft |
2018-04-01 | 0 days | 1,720 sqft |
2018-05-01 | 0 days | 1,714 sqft |
2018-06-01 | 0 days | 1,695 sqft |
2018-07-01 | 0 days | 1,718 sqft |
2018-08-01 | 0 days | 1,700 sqft |
2018-09-01 | 0 days | 1,675 sqft |
2018-10-01 | 0 days | 1,657 sqft |
2018-11-01 | 0 days | 1,692 sqft |
2018-12-01 | 0 days | 1,708 sqft |
2019-01-01 | 0 days | 1,680 sqft |
2019-02-01 | 0 days | 1,689 sqft |
2019-03-01 | 0 days | 1,777 sqft |
2019-04-01 | 0 days | 1,838 sqft |
2019-05-01 | 0 days | 1,735 sqft |
2019-06-01 | 0 days | 1,693 sqft |
2019-07-01 | 0 days | 1,692 sqft |
2019-08-01 | 0 days | 1,737 sqft |
2019-09-01 | 0 days | 1,779 sqft |
2019-10-01 | 0 days | 1,801 sqft |
2019-11-01 | 0 days | 1,800 sqft |
2019-12-01 | 0 days | 1,744 sqft |
2020-01-01 | 0 days | 1,786 sqft |
2020-02-01 | 0 days | 1,763 sqft |
2020-03-01 | 0 days | 1,780 sqft |
2020-04-01 | 0 days | 1,746 sqft |
2020-05-01 | 0 days | 1,829 sqft |
2020-06-01 | 0 days | 1,854 sqft |
2020-07-01 | 0 days | 1,817 sqft |
2020-08-01 | 0 days | 1,855 sqft |
2020-09-01 | 0 days | 1,864 sqft |
2020-10-01 | 0 days | 1,878 sqft |
2020-11-01 | 0 days | 1,785 sqft |
2020-12-01 | 0 days | 1,662 sqft |
2021-01-01 | 0 days | 1,640 sqft |
2021-02-01 | 0 days | 1,646 sqft |
2021-03-01 | 0 days | 1,693 sqft |
2021-04-01 | 0 days | 1,709 sqft |
2021-05-01 | 0 days | 1,712 sqft |
2021-06-01 | 0 days | 1,763 sqft |
2021-07-01 | 0 days | 1,824 sqft |
2021-08-01 | 0 days | 1,868 sqft |
2021-09-01 | 0 days | 1,746 sqft |
2021-10-01 | 0 days | 1,792 sqft |
2021-11-01 | 0 days | 1,761 sqft |
2021-12-01 | 0 days | 1,686 sqft |
2022-01-01 | 0 days | 1,693 sqft |
2022-02-01 | 0 days | 1,678 sqft |
2022-03-01 | 0 days | 1,733 sqft |
2022-04-01 | 0 days | 1,789 sqft |
2022-05-01 | 0 days | 1,768 sqft |
2022-06-01 | 0 days | 1,842 sqft |
2022-07-01 | 0 days | 1,698 sqft |
2022-08-01 | 0 days | 1,821 sqft |
2022-09-01 | 0 days | 1,759 sqft |
2022-10-01 | 0 days | 1,840 sqft |
2022-11-01 | 0 days | 1,879 sqft |
2022-12-01 | 0 days | 1,808 sqft |
2023-01-01 | 0 days | 1,689 sqft |
2023-02-01 | 0 days | 1,788 sqft |
2023-03-01 | 0 days | 1,864 sqft |
2023-04-01 | 0 days | 1,936 sqft |
2023-05-01 | 0 days | 1,689 sqft |
2023-06-01 | 0 days | 1,736 sqft |
2023-07-01 | 0 days | 1,683 sqft |
2023-08-01 | 0 days | 1,775 sqft |
2023-09-01 | 0 days | 1,872 sqft |
2023-10-01 | 0 days | 1,722 sqft |
Auburn's median square footage for active listings during the 2023-10-01 period was 1,722 sqft. One year prior, the average listing was 1,840 sqft.
Auburn, NY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 657 | $117,165,000 | $178,333 |
Cash Out Refi | 217 | $31,315,000 | $144,309 |
Home Improvement | 214 | $15,900,000 | $74,299 |
Refi | 198 | $27,950,000 | $141,162 |
Other | 116 | $10,060,000 | $86,724 |
Auburn's most frequently cited loan purpose was Home Purchase, with 657 originations. The 2nd most popular reason was Cash Out Refi, with 217 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 346 | $45,990,000 | $132,919 |
5-6% | 307 | $46,375,000 | $151,059 |
4-5% | 277 | $44,535,000 | $160,776 |
6-7% | 105 | $14,585,000 | $138,905 |
2.5-3% | 90 | $14,430,000 | $160,333 |
<2.5% | 84 | $9,650,000 | $114,881 |
7-8% | 37 | $4,125,000 | $111,486 |
Over 8% | 28 | $1,970,000 | $70,357 |
During 2022, Auburn's most frequently originated rate bucket was 3-4%, with 346 originations.
Loan Sizing (Auburn, NY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 583 | $82,075,000 | $140,780 |
$100,000 or less | 530 | $30,980,000 | $58,453 |
$200k-400k | 243 | $64,035,000 | $263,519 |
$400k-600k | 35 | $16,925,000 | $483,571 |
$600k-1000k | 9 | $6,285,000 | $698,333 |
$Over $1MM | 2 | $2,090,000 | $1,045,000 |
Auburn's loan sizing saw the bucket of loans from $100k-200k with 583 originations, totaling $82,075,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 488 | $87,930,000 | $180,184 |
60-80% | 334 | $55,380,000 | $165,808 |
20-40% | 184 | $13,330,000 | $72,446 |
40-60% | 139 | $19,195,000 | $138,094 |
Under 20% | 124 | $4,350,000 | $35,081 |
Over 100% | 7 | $1,305,000 | $186,429 |
Auburn's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 488 originations, totaling $87,930,000 in origination value.