BANGOR Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Bangor averaged 6.58% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

The average rate for the prior week (2023-05-18) was 6.1% and one month ago for the week of 2023-04-20, the average rate was 6.2%.

Bangor's average rate one year ago was 5.06%.

For refis of the same type during the week of 2023-05-25, the average rate was 5.85%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-05-25 6.57%
Bangor 30 Year Fixed Rate 2023-05-25 6.58%
Bangor 30 Year Fixed Rate Refi 2023-05-25 5.85%
Bangor 15 Year Fixed Rate 2023-05-25 6.04%
Bangor 15 Year Fixed Rate Refi 2023-05-25 6.27%
Bangor 30 Year FHA 2023-05-25 6.22%
Bangor 30 Year FHA Refi 2023-05-25 6.81%
Bangor 30 Year USDA 2023-05-25 5.41%
Bangor 30 Year USDA Refi 2023-05-25 6.73%
Bangor 30 Year VA 2023-05-25 6.21%
Bangor 30 Year VA Refi 2023-05-25 6.61%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BANGOR, ME.

BANGOR 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 BANGOR, ME 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Bangor Savings Bank 180 4.95% $3,273
QUICKEN LOANS, LLC 96 5.25% $6,005
LEADERONE FINANCIAL CORPORATION 88 5.51% $4,028
Maine Savings Federal Credit Union 72 5.12% $3,174
The Camden National Bank 60 4.91% $4,231
KeyBank 45 4.54% $4,402
GUILD MORTGAGE COMPANY 44 5.14% $4,007
CMG MORTGAGE, INC. 42 5.16% $4,707
UNITED WHOLESALE MORTGAGE, LLC 38 5.69% $5,615
University Credit Union 31 5.29% $4,579
TD Bank 20 4.52% $2,303
Machias Savings Bank 20 5.21% $3,992
MAINE HIGHLANDS FEDERAL CREDIT UNION 20 5.63% $4,316
CUSO MORTGAGE CORPORATION 20 4.38% $4,196
LOANDEPOT.COM, LLC 19 4.25% $5,450
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 18 5.58% $4,003
Mr. Cooper ( Nationstar Mortgage ) 17 5.12% $6,514
First National Bank 17 5.18% $3,132
CROSSCOUNTRY MORTGAGE, LLC 15 5.73% $4,825
Wells Fargo Bank 14 5.27% $5,019
JPMorgan Chase Bank 12 4.98% $3,697
Bar Harbor Bank & Trust 11 5.16% $4,270
CALIBER HOME LOANS, INC. 10 5.79% $5,484
TOTAL MORTGAGE SERVICES, LLC 10 4.74% $4,460
Mortgage Network, Inc. 9 4.04% $4,077
EMBRACE HOME LOANS, INC. 9 5.67% $5,281
Deere Employees Credit Union 8 3.78% $3,293
PRIMARY RESIDENTIAL MORTGAGE, INC. 8 5.37% $6,140
NORTHERN MORTGAGE SERVICES, LLC 7 5.23% $4,294
AMERISAVE MORTGAGE CORPORATION 6 4.87% $6,034
BROKER SOLUTIONS, INC. 6 5.31% $6,135
AMERICAN FINANCING CORPORATION 6 4.71% $3,731
SEABOARD FEDERAL CREDIT UNION 5 4.93% $3,206
NAVY FEDERAL CREDIT UNION 5 5.08% $4,320
M&T Bank 5 4.85% $5,636
Citizens Bank 5 3.68% $3,767
BETTER MORTGAGE CORPORATION 4 4.41% $2,937
Ally Bank 4 6.16% $6,311
Down East Credit Union 4 5.00% $3,349
FREEDOM MORTGAGE CORPORATION 4 6.25% $4,940
Mortgage Research Center, LLC 4 5.28% $2,617
MUTUAL OF OMAHA MORTGAGE, INC. 4 5.34% $4,436
NEWREZ LLC 4 5.16% $4,963
ACADEMY MORTGAGE CORPORATION 3 3.79% $4,320
U.S. Bank 3 5.58% $3,267
INTEGRITY MORTGAGE LLC 2 6.38% $7,276
NORTHEAST HOME LOAN, LLC 2 5.63% $6,705
Farm Credit East, ACA 2 6.65% $8,033
Kennebec Savings Bank 2 5.13% $373
Carrington Mortgage Services, LLC 2 5.56% $7,085
USAA Federal Savings Bank 2 5.38% $6,089
MOVEMENT MORTGAGE, LLC 2 6.50% $4,313
First Home Bank 2 6.06% $4,216
SALEM FIVE MORTGAGE COMPANY, LLC 2 5.94% $7,891
PENNYMAC LOAN SERVICES, LLC 2 5.56% $7,000
Bank of America 2 5.13% $4,209
Discover Bank 1 6.49% $0
MEGASTAR FINANCIAL CORP. 1 4.75% $4,444
Morgan Stanley Private Bank 1 4.40% $3,623
MORTGAGE EQUITY PARTNERS LLC 1 4.88% $13,370
DAS Acquisition Company, LLC 1 7.63% $3,269
AMERICAN INTERNET MORTGAGE, INC. 1 3.13% $2,536
CUMBERLAND COUNTY 1 4.13% $2,904
CHERRY CREEK MORTGAGE, LLC 1 4.00% $6,499
Wyndham Capital Mortgage, Inc. 1 4.13% $2,442
National Exchange Bank and Trust 1 6.00% $1,489
ZILLOW HOME LOANS, LLC 1 6.88% $4,310
NFM, INC. 1 3.88% $3,567
NORTHEAST CREDIT UNION 1 4.38% $2,853
BOKF 1 3.38% $4,885
Northpointe Bank 1 8.00% $4,404
NORTHPOINT MORTGAGE, INC. 1 3.75% $4,105
Paramount Residential Mortgage Group, Inc. 1 6.63% $3,440
PNC Bank 1 3.00% $3,506
BNC National Bank 1 6.25% $4,820
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.38% $3,444
Quontic Bank 1 7.63% $6,827
RELIANCE FIRST CAPITAL, LLC 1 3.38% $9,694
Rockland Trust Company 1 4.63% $3,458
Saco & Biddeford Savings Institution 1 3.25% $3,694
BAY EQUITY LLC 1 4.63% $4,861
SOFI LENDING CORP. 1 3.75% $2,633
Texana Bank 1 4.50% $6,052
Arvest Bank 1 3.75% $6,506
ARC HOME LLC 1 2.63% $3,146
TOWN & COUNTRY FEDERAL CREDIT UNION 1 7.25% $2,601
Androscoggin Savings Bank 1 6.75% $9,510
American Mortgage & Equity Consultants, Inc. 1 6.13% $3,471
FirstBank 1 4.99% $4,724
First Internet Bank of Indiana 1 5.25% $4,214
First National Bank of America 1 9.38% $8,334
FINANCE OF AMERICA MORTGAGE LLC 1 5.99% $4,147
Firstrust Savings Bank 1 4.63% $3,886
FIVE COUNTY 1 4.99% $3,571
Flagstar Bank, FSB 1 4.38% $5,908
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 4.88% $12,425
Fifth Third Bank 1 3.50% $5,178
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.38% $6,493
EVERGREEN 1 4.25% $4,064
LAKEVIEW LOAN SERVICING, LLC 1 3.75% $4,637
EVERETT FINANCIAL, INC. 1 4.38% $2,020
EMM LOANS LLC 1 5.50% $3,439
DREW MORTGAGE ASSOCIATES, INC. 1 6.13% $3,492
DRAPER AND KRAMER MORTGAGE CORP. 1 6.63% $4,493

BANGOR Average Closing Costs & Other Stats

BANGOR, ME's 104 lenders originated 3,846 loans during 2022. The total origination value was $721,760,000, with an average loan value of $187,665.

BANGOR's average closing costs are $4,406.

The top BANGOR lender as defined by loan originations is Bangor Savings Bank, with 180 loans originated. Their average total fees are $3,273, which is $2,732 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee BANGOR lenders (with over 10 loans originated) are TD Bank ($2,303), First National Bank ($3,132), Maine Savings Federal Credit Union ($3,174), Bangor Savings Bank ($3,273) and JPMorgan Chase Bank ($3,697).

The lowest rate BANGOR lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (4.25%), CUSO MORTGAGE CORPORATION (4.38%), TD Bank (4.52%), KeyBank (4.54%) and TOTAL MORTGAGE SERVICES, LLC (4.74%).

BANGOR, ME 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
Bangor Savings Bank $180,905,000 $127,565,000 -29.5% 17.7%
The Camden National Bank $44,170,000 $43,165,000 -2.3% 6.0%
First National Bank $34,900,000 $41,225,000 18.1% 5.7%
QUICKEN LOANS, LLC $72,595,000 $39,960,000 -45.0% 5.5%
LEADERONE FINANCIAL CORPORATION $36,555,000 $37,330,000 2.1% 5.2%
Machias Savings Bank $38,430,000 $31,750,000 -17.4% 4.4%
Maine Savings Federal Credit Union $35,200,000 $27,230,000 -22.6% 3.8%
Brookline Bank $22,005,000 n/a 3.0%
GUILD MORTGAGE COMPANY $2,185,000 $21,965,000 905.3% 3.0%
CMG MORTGAGE, INC. $31,770,000 $20,875,000 -34.3% 2.9%
Katahdin Trust Company $23,505,000 $18,780,000 -20.1% 2.6%
KeyBank $24,465,000 $18,220,000 -25.5% 2.5%
Mortgage Research Center, LLC $17,665,000 $17,350,000 -1.8% 2.4%
UNITED WHOLESALE MORTGAGE, LLC $9,415,000 $15,245,000 61.9% 2.1%
University Credit Union $22,620,000 $14,430,000 -36.2% 2.0%
TD Bank $11,155,000 $11,835,000 6.1% 1.6%
LOANDEPOT.COM, LLC $10,460,000 $10,280,000 -1.7% 1.4%
CROSSCOUNTRY MORTGAGE, LLC $8,080,000 $8,570,000 6.1% 1.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,110,000 $8,450,000 38.3% 1.2%
CUSO MORTGAGE CORPORATION $33,705,000 $8,055,000 -76.1% 1.1%
EMBRACE HOME LOANS, INC. $6,595,000 $6,635,000 0.6% 0.9%
Mortgage Network, Inc. $21,005,000 $6,545,000 -68.8% 0.9%
Bar Harbor Bank & Trust $5,515,000 $6,430,000 16.6% 0.9%
NAVY FEDERAL CREDIT UNION $7,900,000 $5,970,000 -24.4% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $10,075,000 $5,770,000 -42.7% 0.8%
Bangor Federal Credit Union $5,510,000 n/a 0.8%
AMERISAVE MORTGAGE CORPORATION $8,045,000 $5,255,000 -34.7% 0.7%
PENNYMAC LOAN SERVICES, LLC $8,785,000 $5,140,000 -41.5% 0.7%
SEBASTICOOK VALLEY Federal Credit Union $8,675,000 $4,745,000 -45.3% 0.7%
Wells Fargo Bank $9,015,000 $4,580,000 -49.2% 0.6%
KATAHDIN FCU $4,520,000 n/a 0.6%
Deere Employees Credit Union $3,140,000 $4,495,000 43.2% 0.6%
PRIMARY RESIDENTIAL MORTGAGE, INC. $14,310,000 $4,445,000 -68.9% 0.6%
MAINE HIGHLANDS FEDERAL CREDIT UNION $3,640,000 $4,345,000 19.4% 0.6%
Acadia Federal Credit Union $5,495,000 $4,285,000 -22.0% 0.6%
CALIBER HOME LOANS, INC. $3,870,000 $4,275,000 10.5% 0.6%
SEABOARD FEDERAL CREDIT UNION $5,605,000 $4,230,000 -24.5% 0.6%
USAA Federal Savings Bank $6,130,000 $3,945,000 -35.6% 0.5%
TOTAL MORTGAGE SERVICES, LLC $2,805,000 $3,780,000 34.8% 0.5%
FREEDOM MORTGAGE CORPORATION $27,680,000 $3,445,000 -87.6% 0.5%
JPMorgan Chase Bank $4,530,000 $2,990,000 -34.0% 0.4%
NORTHERN MORTGAGE SERVICES, LLC $2,660,000 $2,955,000 11.1% 0.4%
NEWREZ LLC $6,655,000 $2,495,000 -62.5% 0.3%
Skowhegan Savings Bank $4,220,000 $2,455,000 -41.8% 0.3%
Kennebec Savings Bank $2,800,000 $2,275,000 -18.8% 0.3%
BROKER SOLUTIONS, INC. $2,820,000 $2,210,000 -21.6% 0.3%
BETTER MORTGAGE CORPORATION $5,955,000 $2,125,000 -64.3% 0.3%
Citizens Bank $2,005,000 $2,010,000 0.2% 0.3%
ACADEMY MORTGAGE CORPORATION $8,990,000 $1,990,000 -77.9% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $930,000 $1,960,000 110.8% 0.3%
AMERICAN FINANCING CORPORATION $2,585,000 $1,945,000 -24.8% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,700,000 $1,800,000 -33.3% 0.2%
LAKEVIEW LOAN SERVICING, LLC $4,115,000 $1,500,000 -63.5% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $360,000 $1,440,000 300.0% 0.2%
The Federal Savings Bank $2,110,000 $1,250,000 -40.8% 0.2%
Morgan Stanley Private Bank $1,220,000 n/a 0.2%
Ally Bank $475,000 $1,185,000 149.5% 0.2%
EVERETT FINANCIAL, INC. $790,000 $1,100,000 39.2% 0.2%
SALEM FIVE MORTGAGE COMPANY, LLC $235,000 $1,070,000 355.3% 0.1%
HOME POINT FINANCIAL CORPORATION $2,105,000 $1,035,000 -50.8% 0.1%
Barrington Bank & Trust Company, N.A. $1,590,000 $1,010,000 -36.5% 0.1%
NEW DAY FINANCIAL, LLC $3,990,000 $1,010,000 -74.7% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,150,000 $1,005,000 -12.6% 0.1%
U.S. Bank $840,000 $990,000 17.9% 0.1%
Bank of America $3,885,000 $985,000 -74.6% 0.1%
BNC National Bank $265,000 $900,000 239.6% 0.1%
NORTHEAST HOME LOAN, LLC $1,930,000 $900,000 -53.4% 0.1%
Down East Credit Union $1,485,000 $875,000 -41.1% 0.1%
Magnolia Bank $425,000 $855,000 101.2% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $115,000 $835,000 626.1% 0.1%
M&T Bank $700,000 $830,000 18.6% 0.1%
Discover Bank $270,000 $800,000 196.3% 0.1%
Norway Savings Bank $425,000 $765,000 80.0% 0.1%
NORTHPOINT MORTGAGE, INC. $1,655,000 $710,000 -57.1% 0.1%
BAY EQUITY LLC $705,000 n/a 0.1%
Farm Credit East, ACA $145,000 $700,000 382.8% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $1,965,000 $680,000 -65.4% 0.1%
CPORT $475,000 $620,000 30.5% 0.1%
Androscoggin Savings Bank $375,000 $605,000 61.3% 0.1%
MOVEMENT MORTGAGE, LLC $810,000 $595,000 -26.5% 0.1%
Carrington Mortgage Services, LLC $2,695,000 $590,000 -78.1% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $585,000 n/a 0.1%
DAS Acquisition Company, LLC $350,000 $555,000 58.6% 0.1%
Northpointe Bank $1,345,000 $520,000 -61.3% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $640,000 $500,000 -21.9% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $165,000 $500,000 203.0% 0.1%
PNC Bank $515,000 $490,000 -4.9% 0.1%
ENVOY MORTGAGE, LTD $485,000 n/a 0.1%
INTEGRITY MORTGAGE LLC $340,000 $460,000 35.3% 0.1%
SIS BANCORP, MHC $600,000 $455,000 -24.2% 0.1%
SOFI LENDING CORP. $575,000 $430,000 -25.2% 0.1%
CHERRY CREEK MORTGAGE, LLC $415,000 n/a 0.1%
SPRING EQ, LLC $295,000 $415,000 40.7% 0.1%
Mid-Continent Funding, Inc. $405,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $145,000 $400,000 175.9% 0.1%
Figure Lending LLC $100,000 $360,000 260.0% 0.0%
People's United Bank $370,000 $355,000 -4.1% 0.0%
REVERSE MORTGAGE FUNDING LLC $355,000 n/a 0.0%
Saco & Biddeford Savings Institution $355,000 n/a 0.0%
Community First National Bank $225,000 $345,000 53.3% 0.0%
GUARANTEED RATE, INC. $2,665,000 $345,000 -87.1% 0.0%
Flagstar Bank, FSB $1,245,000 $340,000 -72.7% 0.0%
Nations Lending Corporation $555,000 $340,000 -38.7% 0.0%
First Home Bank $330,000 n/a 0.0%
First Guaranty Mortgage Corporation $1,150,000 $320,000 -72.2% 0.0%
SIRVA MORTGAGE, INC. $315,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $305,000 n/a 0.0%
FirstBank $305,000 n/a 0.0%
Fifth Third Bank $295,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $295,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $275,000 n/a 0.0%
GSF Mortgage Corporation $255,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $255,000 n/a 0.0%
Rockland Trust Company $255,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $165,000 $250,000 51.5% 0.0%
FIRST HOME MORTGAGE CORPORATION $245,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $165,000 $235,000 42.4% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $285,000 $235,000 -17.5% 0.0%
First National Bank of America $95,000 $235,000 147.4% 0.0%
FIVE COUNTY $415,000 $235,000 -43.4% 0.0%
American Airlines Federal Credit Union $205,000 $225,000 9.8% 0.0%
MORTGAGE EQUITY PARTNERS LLC $225,000 n/a 0.0%
NORTHEAST CREDIT UNION $120,000 $225,000 87.5% 0.0%
Equity Prime Mortgage LLC $215,000 n/a 0.0%
Bath Savings Institution $205,000 n/a 0.0%
Quontic Bank $2,290,000 $205,000 -91.0% 0.0%
MEGASTAR FINANCIAL CORP. $195,000 n/a 0.0%
Meridian Bank Corporation $195,000 n/a 0.0%
National Exchange Bank and Trust $195,000 n/a 0.0%
NORWICH COMMERCIAL GROUP, INC. $380,000 $195,000 -48.7% 0.0%
RESIDENTIAL BANCORP. $265,000 $195,000 -26.4% 0.0%
BOKF $185,000 n/a 0.0%
Prosperity Home Mortgage, LLC $185,000 n/a 0.0%
American Mortgage & Equity Consultants, Inc. $175,000 n/a 0.0%
DREW MORTGAGE ASSOCIATES, INC. $165,000 n/a 0.0%
EVERGREEN $95,000 $165,000 73.7% 0.0%
Firstrust Savings Bank $435,000 $165,000 -62.1% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $165,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $15,000 $165,000 1,000.0% 0.0%
AMERICAN ADVISORS GROUP $275,000 $155,000 -43.6% 0.0%
Arvest Bank $195,000 $155,000 -20.5% 0.0%
EMM LOANS LLC $265,000 $155,000 -41.5% 0.0%
First Internet Bank of Indiana $205,000 $155,000 -24.4% 0.0%
GENEVA FINANCIAL, LLC $155,000 n/a 0.0%
OCMBC, INC. $1,080,000 $155,000 -85.6% 0.0%
Texana Bank $155,000 n/a 0.0%
Paramount Residential Mortgage Group, Inc. $1,265,000 $145,000 -88.5% 0.0%
21ST MORTGAGE CORPORATION $65,000 $135,000 107.7% 0.0%
GUARANTEED RATE AFFINITY, LLC $135,000 n/a 0.0%
TRADEMARK $320,000 $135,000 -57.8% 0.0%
Willamette Valley Bank $135,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $365,000 $125,000 -65.8% 0.0%
STEARNS LENDING, LLC $125,000 n/a 0.0%
Baxter Credit Union $115,000 n/a 0.0%
NFM, INC. $115,000 n/a 0.0%
ARC HOME LLC $105,000 n/a 0.0%
Chicago Mortgage Solutions LLC $105,000 n/a 0.0%
LENDINGONE, LLC $105,000 n/a 0.0%
MORTGAGE ACCESS CORP. $255,000 $105,000 -58.8% 0.0%
UNITED $95,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $85,000 n/a 0.0%
State Department Federal Credit Union $85,000 n/a 0.0%
ATLANTIC REGIONAL FEDERAL CREDIT UNION $205,000 $80,000 -61.0% 0.0%
TOWN & COUNTRY FEDERAL CREDIT UNION $75,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $420,000 $75,000 -82.1% 0.0%
CUMBERLAND COUNTY $65,000 n/a 0.0%
DIGITAL Federal Credit Union $495,000 $65,000 -86.9% 0.0%
EASTMAN $65,000 n/a 0.0%
NUMARK CREDIT UNION $65,000 n/a 0.0%
PHH Mortgage Corporation $615,000 $65,000 -89.4% 0.0%
United States Senate Federal Credit Union $55,000 n/a 0.0%
First Federal Savings and Loan Association of Bath $125,000 $45,000 -64.0% 0.0%
FIRST TECHNOLOGY $45,000 n/a 0.0%

BANGOR's top lender by overall market share is Bangor Savings Bank, with 17.7% market share. In second place, with 6.0%, is The Camden National Bank, having originated $43,165,000 in loans. In third place, with 5.7%, is First National Bank, having originated $41,225,000 in loans. In fourth place, with 5.5%, is QUICKEN LOANS, LLC, having originated $39,960,000 in loans. In fifth place, with 5.2%, is LEADERONE FINANCIAL CORPORATION, having originated $37,330,000 in loans.


BANGOR Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - BANGOR (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 $148,000 (-0.7%) $181,180 (-3.2%) 0.55 789
2018-02-01 $144,850 (-3.3%) $182,807 (-2.9%) 0.53 723
2018-03-01 $149,250 (-1.8%) $188,936 (-1.2%) 0.52 712
2018-04-01 $149,900 (-5.7%) $191,298 (-2.3%) 0.51 727
2018-05-01 $159,000 (-0.6%) $197,646 (2.2%) 0.53 761
2018-06-01 $164,000 (2.6%) $202,033 (4.5%) 0.55 816
2018-07-01 $169,000 (6.3%) $208,976 (10.2%) 0.56 903
2018-08-01 $166,722 (9.3%) $205,057 (9.1%) 0.56 913
2018-09-01 $168,000 (8.5%) $198,264 (3.5%) 0.56 883
2018-10-01 $159,900 (3.2%) $191,212 (-0.7%) 0.54 892
2018-11-01 $159,900 (6.7%) $190,366 (0.3%) 0.54 848
2018-12-01 $157,500 (5.4%) $185,087 (-1.0%) 0.54 773
2019-01-01 $154,900 (4.7%) $182,611 (0.8%) 0.54 712
2019-02-01 $159,450 (10.1%) $188,379 (3.1%) 0.54 686
2019-03-01 $164,900 (10.5%) $196,233 (3.9%) 0.55 637
2019-04-01 $165,575 (10.5%) $199,599 (4.3%) 0.53 627
2019-05-01 $165,000 (3.8%) $203,114 (2.8%) 0.52 680
2019-06-01 $169,000 (3.1%) $207,206 (2.6%) 0.53 751
2019-07-01 $169,900 (0.5%) $207,426 (-0.7%) 0.53 815
2019-08-01 $169,700 (1.8%) $206,588 (0.8%) 0.53 857
2019-09-01 $169,995 (1.2%) $212,452 (7.2%) 0.54 723
2019-10-01 $169,900 (6.3%) $212,266 (11.0%) 0.55 731
2019-11-01 $169,900 (6.3%) $208,443 (9.5%) 0.56 682
2019-12-01 $165,000 (4.8%) $207,664 (12.2%) 0.55 624
2020-01-01 $165,000 (6.5%) $209,794 (14.9%) 0.55 565
2020-02-01 $165,000 (3.5%) $209,883 (11.4%) 0.54 541
2020-03-01 $166,475 (1.0%) $212,764 (8.4%) 0.52 527
2020-04-01 $165,600 (0.0%) $205,152 (2.8%) 0.52 512
2020-05-01 $179,900 (9.0%) $215,016 (5.9%) 0.55 480
2020-06-01 $177,425 (5.0%) $217,170 (4.8%) 0.52 451
2020-07-01 $192,000 (13.0%) $226,109 (9.0%) 0.56 436
2020-08-01 $184,450 (8.7%) $223,009 (8.0%) 0.53 396
2020-09-01 $183,175 (7.8%) $219,300 (3.2%) 0.52 397
2020-10-01 $174,950 (3.0%) $217,465 (2.5%) 0.50 371
2020-11-01 $179,900 (5.9%) $225,636 (8.3%) 0.53 360
2020-12-01 $189,225 (14.7%) $232,910 (12.2%) 0.56 325
2021-01-01 $185,250 (12.3%) $235,518 (12.3%) 0.55 269
2021-02-01 $204,000 (23.6%) $245,362 (16.9%) 0.59 206
2021-03-01 $217,175 (30.5%) $255,297 (20.0%) 0.62 185
2021-04-01 $219,250 (32.4%) $263,925 (28.7%) 0.59 185
2021-05-01 $229,000 (27.3%) $269,771 (25.5%) 0.61 225
2021-06-01 $238,700 (34.5%) $280,498 (29.2%) 0.63 275
2021-07-01 $234,900 (22.3%) $286,166 (26.6%) 0.62 320
2021-08-01 $227,450 (23.3%) $273,909 (22.8%) 0.61 377
2021-09-01 $229,900 (25.5%) $273,210 (24.6%) 0.61 377
2021-10-01 $219,900 (25.7%) $263,683 (21.3%) 0.59 332
2021-11-01 $219,000 (21.7%) $266,541 (18.1%) 0.59 309
2021-12-01 $199,975 (5.7%) $265,428 (14.0%) 0.54 259
2022-01-01 $199,500 (7.7%) $278,439 (18.2%) 0.54 185
2022-02-01 $199,975 (-2.0%) $282,487 (15.1%) 0.52 175
2022-03-01 $224,950 (3.6%) $281,311 (10.2%) 0.56 179
2022-04-01 $239,450 (9.2%) $273,186 (3.5%) 0.57 181
2022-05-01 $245,500 (7.2%) $276,661 (2.6%) 0.56 225
2022-06-01 $249,500 (4.5%) $298,761 (6.5%) 0.56 306
2022-07-01 $248,700 (5.9%) $319,201 (11.5%) 0.56 339
2022-08-01 $234,950 (3.3%) $312,661 (14.2%) 0.54 357
2022-09-01 $244,450 (6.3%) $321,540 (17.7%) 0.57 336
2022-10-01 $249,000 (13.2%) $314,750 (19.4%) 0.59 328
2022-11-01 $242,250 (10.6%) $303,926 (14.0%) 0.58 305
2022-12-01 $232,450 (16.2%) $300,355 (13.2%) 0.57 258
2023-01-01 $229,900 (15.2%) $302,589 (8.7%) 0.57 223
2023-02-01 $243,350 (21.7%) $316,042 (11.9%) 0.59 199
2023-03-01 $249,500 (10.9%) $324,152 (15.2%) 0.59 177
2023-04-01 $265,000 (10.7%) $341,580 (25.0%) 0.62 167
BANGOR's median listing price for 2023-04-01 was $265,000, a difference of $25,550 (10.7%) versus the prior year and $15,500 versus the prior month.

BANGOR's median listing price comes in at 62% of the national average.

BANGOR's average listing price for 2023-04-01 was $341,580, a difference of $68,394 (25.0%) versus the prior year and $17,428 versus the prior month.

For the 2023-04-01 period, BANGOR had 167 MLS listings, a difference of -10 listings (-6%) versus the prior month and -14 listings (-8%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - BANGOR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 149 days 1,587 sqft
2018-02-01 166 days 1,587 sqft
2018-03-01 163 days 1,586 sqft
2018-04-01 159 days 1,580 sqft
2018-05-01 99 days 1,600 sqft
2018-06-01 72 days 1,604 sqft
2018-07-01 70 days 1,637 sqft
2018-08-01 80 days 1,626 sqft
2018-09-01 87 days 1,624 sqft
2018-10-01 96 days 1,600 sqft
2018-11-01 99 days 1,600 sqft
2018-12-01 120 days 1,600 sqft
2019-01-01 127 days 1,586 sqft
2019-02-01 138 days 1,600 sqft
2019-03-01 142 days 1,600 sqft
2019-04-01 129 days 1,627 sqft
2019-05-01 79 days 1,623 sqft
2019-06-01 57 days 1,627 sqft
2019-07-01 62 days 1,600 sqft
2019-08-01 79 days 1,582 sqft
2019-09-01 93 days 1,613 sqft
2019-10-01 94 days 1,603 sqft
2019-11-01 107 days 1,624 sqft
2019-12-01 113 days 1,632 sqft
2020-01-01 121 days 1,600 sqft
2020-02-01 122 days 1,600 sqft
2020-03-01 124 days 1,593 sqft
2020-04-01 124 days 1,591 sqft
2020-05-01 101 days 1,627 sqft
2020-06-01 84 days 1,623 sqft
2020-07-01 59 days 1,658 sqft
2020-08-01 59 days 1,619 sqft
2020-09-01 53 days 1,600 sqft
2020-10-01 51 days 1,600 sqft
2020-11-01 55 days 1,594 sqft
2020-12-01 65 days 1,609 sqft
2021-01-01 85 days 1,600 sqft
2021-02-01 94 days 1,582 sqft
2021-03-01 78 days 1,600 sqft
2021-04-01 36 days 1,690 sqft
2021-05-01 28 days 1,672 sqft
2021-06-01 25 days 1,615 sqft
2021-07-01 33 days 1,616 sqft
2021-08-01 37 days 1,615 sqft
2021-09-01 47 days 1,645 sqft
2021-10-01 58 days 1,666 sqft
2021-11-01 72 days 1,673 sqft
2021-12-01 80 days 1,556 sqft
2022-01-01 104 days 1,560 sqft
2022-02-01 111 days 1,507 sqft
2022-03-01 78 days 1,500 sqft
2022-04-01 45 days 1,554 sqft
2022-05-01 30 days 1,562 sqft
2022-06-01 25 days 1,554 sqft
2022-07-01 36 days 1,579 sqft
2022-08-01 43 days 1,540 sqft
2022-09-01 52 days 1,648 sqft
2022-10-01 58 days 1,687 sqft
2022-11-01 65 days 1,586 sqft
2022-12-01 87 days 1,518 sqft
2023-01-01 107 days 1,550 sqft
2023-02-01 119 days 1,583 sqft
2023-03-01 114 days 1,637 sqft
2023-04-01 36 days 1,680 sqft
BANGOR's median listing age (time on market) for 2023-04-01 was 36 days. This is -20% shorter than the same period one year ago.

BANGOR's median square footage for active listings during the 2023-04-01 period was 1,680 sqft. One year prior, the average listing was 1,554 sqft.

BANGOR, ME Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,869 $452,715,000 $242,223
Cash Out Refi 645 $110,845,000 $171,853
Refi 540 $84,390,000 $156,278
Home Improvement 449 $41,125,000 $91,592
Other 343 $32,685,000 $95,292

Bangor's most frequently cited loan purpose was Home Purchase, with 1,869 originations. The 2nd most popular reason was Cash Out Refi, with 645 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 975 $206,265,000 $211,554
4-5% 866 $171,170,000 $197,656
3-4% 801 $151,935,000 $189,682
6-7% 437 $78,805,000 $180,332
2.5-3% 185 $30,515,000 $164,946
7-8% 136 $20,790,000 $152,868
<2.5% 69 $12,225,000 $177,174
Over 8% 62 $5,410,000 $87,258

During 2022, Bangor's most frequently originated rate bucket was 5-6%, with 975 originations.

Loan Sizing (BANGOR, ME MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,469 $218,945,000 $149,044
$200k-400k 1,103 $298,465,000 $270,594
$100,000 or less 1,076 $61,330,000 $56,998
$400k-600k 147 $67,945,000 $462,211
$600k-1000k 34 $24,710,000 $726,765
$Over $1MM 17 $50,365,000 $2,962,647

BANGOR's loan sizing saw the bucket of loans from $100k-200k with 1,469 originations, totaling $218,945,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,356 $316,470,000 $233,385
60-80% 950 $226,470,000 $238,389
20-40% 448 $40,330,000 $90,022
40-60% 408 $60,500,000 $148,284
Under 20% 305 $14,375,000 $47,131
Over 100% 50 $16,800,000 $336,000

BANGOR's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,356 originations, totaling $316,470,000 in origination value.