Batavia Mortgage Rates

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

30 Year Fixed Rate mortgages in Batavia averaged 5.94% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 5.95% and one month ago for the week of 2022-05-26, the average rate was 5.14%.

Batavia's average rate one year ago was 3.21%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.98%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Batavia 30 Year Fixed Rate 2022-06-30 5.94%
Batavia 30 Year Fixed Rate Refi 2022-06-30 5.98%
Batavia 15 Year Fixed Rate 2022-06-30 5.93%
Batavia 15 Year Fixed Rate Refi 2022-06-30 5.11%
Batavia 30 Year FHA 2022-06-30 5.6%
Batavia 30 Year FHA Refi 2022-06-30 5.6%
Batavia 30 Year USDA 2022-06-30 5.47%
Batavia 30 Year VA 2022-06-30 5.92%
Batavia 30 Year VA Refi 2022-06-30 5.82%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Batavia, NY.

Batavia 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 Batavia, 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
Premium Mortgage Corporation 81 3.13% $2,987
QUICKEN LOANS, LLC 40 3.18% $5,534
Manufacturers and Traders Trust Company 32 3.27% $3,907
ESL Federal Credit Union 28 2.95% $3,016
PRIMELENDING, A PLAINSCAPITAL COMPANY 26 3.22% $3,843
MOVEMENT MORTGAGE, LLC 20 3.31% $3,629
Five Star Bank 18 3.03% $3,270
1ST PRIORITY MORTGAGE, INC. 16 3.04% $3,566
KeyBank 16 3.01% $2,551
Genesee Regional Bank 15 3.43% $3,284
HUNT MORTGAGE CORPORATION 15 2.98% $3,736
Mr. Cooper ( Nationstar Mortgage ) 9 3.42% $3,726
Farm Credit East, ACA 8 3.53% $5,519
UNITED WHOLESALE MORTGAGE, LLC 8 3.36% $5,763
Bank of America 7 3.02% $2,073
HOMESTEAD FUNDING CORP. 7 3.14% $2,750
Wells Fargo Bank 7 3.20% $4,626
HOME TOWN FUNDING, INC. 7 3.04% $3,096
NEWREZ LLC 5 3.40% $4,899
Northwest Bank 5 3.33% $3,229
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 3.22% $4,599
Citizens Bank 4 2.97% $3,471
PLAZA HOME MORTGAGE, INC. 4 3.09% $6,053
AMERICAN FINANCIAL NETWORK, INC. 4 3.28% $13,433
JPMorgan Chase Bank 3 3.25% $2,184
HOME POINT FINANCIAL CORPORATION 3 3.00% $3,917
CALIBER HOME LOANS, INC. 3 3.29% $5,620
LOANDEPOT.COM, LLC 3 3.38% $3,932
EVERETT FINANCIAL, INC. 3 3.42% $2,135
PARKSIDE LENDING, LLC 2 3.19% $4,000
TIAA, FSB 2 2.81% $5,656
The Lyons National Bank 2 3.13% $5,919
U.S. Bank 2 3.00% $3,377
FAMILY FIRST OF NY 2 3.38% $2,592
RELIANT COMMUNITY FEDERAL CREDIT UNION 1 3.00% $2,758
AMERICAN FINANCING CORPORATION 1 2.63% $1,387
BETTER MORTGAGE CORPORATION 1 3.00% $6,765
Carrington Mortgage Services, LLC 1 2.88% $3,945
Citibank 1 2.88% $4,497
Community Bank 1 3.75% $0
CROSSCOUNTRY MORTGAGE, LLC 1 3.38% $4,635
Discover Bank 1 3.99% $0
ENVOY MORTGAGE, LTD 1 3.25% $3,541
FINANCE OF AMERICA MORTGAGE LLC 1 2.88% $4,061
First United Bank and Trust Company 1 3.63% $3,217
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.50% $4,549
NAVY FEDERAL CREDIT UNION 1 3.00% $2,922
ONTARIO SHORES 1 3.00% $2,367
PENTAGON FEDERAL CREDIT UNION 1 2.88% $2,119
Quontic Bank 1 5.75% $9,648
ROYAL UNITED MORTGAGE LLC 1 4.25% $4,563

Batavia, NY's 51 lenders originated 1,480 loans during 2021. The total origination value was $194,130,000, with an average loan value of $131,169.

The top Batavia lender as defined by loan originations is Premium Mortgage Corporation, with 81 loans originated. Their average total fees are $2,987, which is $2,547 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Batavia lenders (with over 10 loans originated) are KeyBank ($2,551), Premium Mortgage Corporation ($2,987), ESL Federal Credit Union ($3,016), Five Star Bank ($3,270) and Genesee Regional Bank ($3,284).

The lowest rate Batavia lenders (with over 10 loans originated) are ESL Federal Credit Union (2.95%), HUNT MORTGAGE CORPORATION (2.98%), KeyBank (3.01%), Five Star Bank (3.03%) and 1ST PRIORITY MORTGAGE, INC. (3.04%).

Batavia, 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
Premium Mortgage Corporation $23,970,000 $29,635,000 23.6% 15.3%
QUICKEN LOANS, LLC $14,155,000 $21,905,000 54.8% 11.3%
ESL Federal Credit Union $11,855,000 $18,770,000 58.3% 9.7%
Manufacturers and Traders Trust Company $9,695,000 $15,440,000 59.3% 8.0%
The Bank of Castile $7,030,000 $10,990,000 56.3% 5.7%
KeyBank $10,040,000 $10,250,000 2.1% 5.3%
Five Star Bank $10,130,000 $7,020,000 -30.7% 3.6%
PRIMELENDING, A PLAINSCAPITAL COMPANY $4,880,000 $6,545,000 34.1% 3.4%
MOVEMENT MORTGAGE, LLC $1,970,000 $5,035,000 155.6% 2.6%
1ST PRIORITY MORTGAGE, INC. $5,915,000 $4,380,000 -26.0% 2.3%
HUNT MORTGAGE CORPORATION $2,735,000 $4,070,000 48.8% 2.1%
Mr. Cooper ( Nationstar Mortgage ) $3,660,000 $3,760,000 2.7% 1.9%
Genesee Regional Bank $2,430,000 $3,695,000 52.1% 1.9%
Wells Fargo Bank $1,025,000 $3,035,000 196.1% 1.6%
UNITED WHOLESALE MORTGAGE, LLC $1,215,000 $3,030,000 149.4% 1.6%
Alden State Bank $1,975,000 $2,655,000 34.4% 1.4%
Northwest Bank $1,535,000 $2,625,000 71.0% 1.4%
HOMESTEAD FUNDING CORP. $1,290,000 $2,280,000 76.7% 1.2%
Farm Credit East, ACA $1,145,000 $2,185,000 90.8% 1.1%
HOME TOWN FUNDING, INC. $1,860,000 $2,055,000 10.5% 1.1%
Citizens Bank $2,080,000 $2,000,000 -3.8% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,240,000 $1,900,000 53.2% 1.0%
AMERICAN FINANCIAL NETWORK, INC. $445,000 $1,605,000 260.7% 0.8%
Bank of America $1,770,000 $1,355,000 -23.4% 0.7%
CALIBER HOME LOANS, INC. $655,000 $1,195,000 82.4% 0.6%
CNB Bank $595,000 $1,170,000 96.6% 0.6%
HOME POINT FINANCIAL CORPORATION $185,000 $1,165,000 529.7% 0.6%
The Canandaigua National Bank and Trust Company $710,000 $1,150,000 62.0% 0.6%
LOANDEPOT.COM, LLC $990,000 $1,105,000 11.6% 0.6%
NEWREZ LLC $785,000 $1,090,000 38.9% 0.6%
PLAZA HOME MORTGAGE, INC. $610,000 $1,045,000 71.3% 0.5%
JPMorgan Chase Bank $565,000 $885,000 56.6% 0.5%
FREEDOM MORTGAGE CORPORATION $815,000 n/a 0.4%
Barrington Bank & Trust Company, N.A. $715,000 $800,000 11.9% 0.4%
Community Bank $635,000 $780,000 22.8% 0.4%
U.S. Bank $875,000 $780,000 -10.9% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $655,000 $775,000 18.3% 0.4%
ONTARIO SHORES $250,000 $745,000 198.0% 0.4%
NAVY FEDERAL CREDIT UNION $285,000 $680,000 138.6% 0.4%
Lake Shore Savings Bank $325,000 $620,000 90.8% 0.3%
RELIANCE FIRST CAPITAL, LLC $515,000 $605,000 17.5% 0.3%
Mortgage Research Center, LLC $510,000 $585,000 14.7% 0.3%
EVERETT FINANCIAL, INC. $2,905,000 $575,000 -80.2% 0.3%
FINANCE OF AMERICA MORTGAGE LLC $365,000 $550,000 50.7% 0.3%
FAMILY FIRST OF NY $1,090,000 $545,000 -50.0% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $525,000 n/a 0.3%
TIAA, FSB $500,000 n/a 0.3%
GENESEE VALLEY $360,000 $495,000 37.5% 0.3%
OWNERSCHOICE FUNDING, INCORPORATED $665,000 $495,000 -25.6% 0.3%
The Lyons National Bank $420,000 $440,000 4.8% 0.2%
THE SUMMIT Federal Credit Union $1,420,000 $430,000 -69.7% 0.2%
Evans Bank $765,000 $420,000 -45.1% 0.2%
Bank of Holland $55,000 $405,000 636.4% 0.2%
PARAGON HOME LOANS INC. $470,000 $380,000 -19.1% 0.2%
RELIANT COMMUNITY FEDERAL CREDIT UNION $380,000 n/a 0.2%
First Savings Bank $365,000 n/a 0.2%
AMERICAN FINANCING CORPORATION $165,000 $340,000 106.1% 0.2%
BETTER MORTGAGE CORPORATION $320,000 n/a 0.2%
LAND HOME FINANCIAL SERVICES, INC. $295,000 n/a 0.2%
21ST MORTGAGE CORPORATION $215,000 $275,000 27.9% 0.1%
PARKSIDE LENDING, LLC $415,000 $260,000 -37.3% 0.1%
ENVOY MORTGAGE, LTD $255,000 n/a 0.1%
USAA Federal Savings Bank $690,000 $255,000 -63.0% 0.1%
ROYAL UNITED MORTGAGE LLC $1,110,000 $245,000 -77.9% 0.1%
PENTAGON FEDERAL CREDIT UNION $230,000 n/a 0.1%
Pittsford Federal Credit Union $225,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $215,000 n/a 0.1%
GUARANTEED RATE, INC. $65,000 $195,000 200.0% 0.1%
St Joseph's Parish Buffalo Federal Credit Union $195,000 n/a 0.1%
The Union Bank Company $195,000 n/a 0.1%
Citibank $190,000 n/a 0.1%
Discover Bank $35,000 $190,000 442.9% 0.1%
TOTAL MORTGAGE SERVICES, LLC $175,000 n/a 0.1%
Quontic Bank $165,000 n/a 0.1%
Advantage Federal Credit Union $205,000 $145,000 -29.3% 0.1%
STATE EMPLOYEES FEDERAL CREDIT UNION $235,000 $145,000 -38.3% 0.1%
RESIDENTIAL MORTGAGE SERVICES, INC. $610,000 $135,000 -77.9% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $150,000 $130,000 -13.3% 0.1%
REVERSE MORTGAGE FUNDING LLC $125,000 n/a 0.1%
Carrington Mortgage Services, LLC $470,000 $105,000 -77.7% 0.1%
US MORTGAGE CORPORATION $105,000 n/a 0.1%
First United Bank and Trust Company $75,000 n/a 0.0%
Ballston Spa National Bank $45,000 n/a 0.0%
FIRST CREDIT CORPORATION OF NEW YORK, INC. $120,000 $45,000 -62.5% 0.0%
Flagstar Bank, FSB $165,000 $45,000 -72.7% 0.0%
AMERICAN ADVISORS GROUP $110,000 $35,000 -68.2% 0.0%
BayCoast Bank $35,000 $35,000 0.0% 0.0%
Empower Federal Credit Union $75,000 $25,000 -66.7% 0.0%

Batavia's top lender by overall market share is Premium Mortgage Corporation, with 15.3% market share. In second place, with 11.3%, is QUICKEN LOANS, LLC, having originated $21,905,000 in loans. In third place, with 9.7%, is ESL Federal Credit Union, having originated $18,770,000 in loans. In third place, with 8.0%, is Manufacturers and Traders Trust Company, having originated $15,440,000 in loans. In third place, with 5.7%, is The Bank of Castile, having originated $10,990,000 in loans.


Batavia, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 598 $94,610,000 $158,211
Refi 389 $49,035,000 $126,054
Cash Out Refi 263 $37,045,000 $140,856
Home Improvement 135 $7,465,000 $55,296
Other 95 $5,975,000 $62,895

Batavia's most frequently cited loan purpose was Home Purchase, with 598 originations. The 2nd most popular reason was Refi, with 389 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 529 $70,935,000 $134,093
2.5-3% 498 $73,100,000 $146,787
<2.5% 244 $27,000,000 $110,656
4-5% 54 $4,900,000 $90,741
5-6% 24 $1,520,000 $63,333
6-7% 12 $450,000 $37,500
7-8% 4 $230,000 $57,500
Over 8% 4 $160,000 $40,000

During 2021, Batavia's most frequently originated rate bucket was 3-4%, with 529 originations.

Loan Sizing (Batavia, NY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 733 $102,935,000 $140,430
$100,000 or less 532 $32,470,000 $61,034
$200k-400k 205 $52,765,000 $257,390
$400k-600k 7 $3,435,000 $490,714
$600k-1000k 2 $1,310,000 $655,000
$Over $1MM 1 $1,215,000 $1,215,000

Batavia's loan sizing saw the bucket of loans from $100k-200k with 733 originations, totaling $102,935,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 542 $88,210,000 $162,749
60-80% 386 $55,950,000 $144,948
40-60% 186 $19,320,000 $103,871
20-40% 149 $8,565,000 $57,483
Under 20% 89 $2,375,000 $26,685
Over 100% 11 $2,895,000 $263,182

Batavia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 542 originations, totaling $88,210,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Batavia (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 $99,900 (-10.7%) $119,235 (-12.3%) 0.00 124
2018-02-01 $101,450 (-9.7%) $122,586 (-9.0%) 0.00 109
2018-03-01 $112,000 (-2.5%) $130,641 (-5.5%) 0.00 91
2018-04-01 $113,450 (-1.3%) $130,498 (-5.3%) 0.00 92
2018-05-01 $114,900 (-8.0%) $134,286 (-3.3%) 0.00 96
2018-06-01 $114,900 (-9.5%) $136,764 (-5.5%) 0.00 110
2018-07-01 $114,900 (-8.0%) $135,127 (-10.1%) 0.00 122
2018-08-01 $117,000 (-2.4%) $141,803 (-1.0%) 0.00 139
2018-09-01 $119,900 (2.6%) $145,807 (3.3%) 0.00 127
2018-10-01 $114,000 (-0.8%) $141,484 (3.4%) 0.00 111
2018-11-01 $105,000 (-6.3%) $139,262 (4.6%) 0.00 93
2018-12-01 $102,500 (-10.8%) $140,081 (6.3%) 0.00 76
2019-01-01 $98,950 (-1.0%) $138,924 (16.5%) 0.00 77
2019-02-01 $99,900 (-1.5%) $131,593 (7.4%) 0.00 79
2019-03-01 $104,186 (-7.0%) $137,324 (5.1%) 0.00 73
2019-04-01 $111,400 (-1.8%) $146,349 (12.2%) 0.00 63
2019-05-01 $132,400 (15.2%) $159,853 (19.0%) 0.00 70
2019-06-01 $149,900 (30.5%) $182,387 (33.4%) 0.00 65
2019-07-01 $167,400 (45.7%) $207,257 (53.4%) 0.00 71
2019-08-01 $155,614 (33.0%) $193,248 (36.3%) 0.00 88
2019-09-01 $150,614 (25.6%) $186,265 (27.8%) 0.00 99
2019-10-01 $159,900 (40.3%) $193,301 (36.6%) 0.00 99
2019-11-01 $149,900 (42.8%) $187,279 (34.5%) 0.00 88
2019-12-01 $142,950 (39.5%) $178,185 (27.2%) 0.00 74
2020-01-01 $149,900 (51.5%) $188,565 (35.7%) 0.00 70
2020-02-01 $139,900 (40.0%) $189,599 (44.1%) 0.00 68
2020-03-01 $152,400 (46.3%) $204,228 (48.7%) 0.00 57
2020-04-01 $149,900 (34.6%) $207,605 (41.9%) 0.00 52
2020-05-01 $159,900 (20.8%) $208,970 (30.7%) 0.00 47
2020-06-01 $165,000 (10.1%) $205,449 (12.6%) 0.00 55
2020-07-01 $182,500 (9.0%) $216,822 (4.6%) 0.00 50
2020-08-01 $184,900 (18.8%) $208,144 (7.7%) 0.00 59
2020-09-01 $152,450 (1.2%) $186,977 (0.4%) 0.00 64
2020-10-01 $149,900 (-6.3%) $185,298 (-4.1%) 0.00 69
2020-11-01 $149,900 (0.0%) $187,860 (0.3%) 0.00 52
2020-12-01 $142,000 (-0.7%) $179,784 (0.9%) 0.00 37
2021-01-01 $142,000 (-5.3%) $168,411 (-10.7%) 0.00 30
2021-02-01 $147,450 (5.4%) $185,794 (-2.0%) 0.00 31
2021-03-01 $144,900 (-4.9%) $194,081 (-5.0%) 0.00 33
2021-04-01 $147,400 (-1.7%) $172,712 (-16.8%) 0.00 24
2021-05-01 $174,900 (9.4%) $206,468 (-1.2%) 0.00 32
2021-06-01 $179,500 (8.8%) $217,028 (5.6%) 0.00 49
2021-07-01 $187,450 (2.7%) $227,354 (4.9%) 0.00 55
2021-08-01 $179,700 (-2.8%) $226,815 (9.0%) 0.00 63
2021-09-01 $169,900 (11.5%) $217,489 (16.3%) 0.00 57
2021-10-01 $171,999 (14.7%) $235,804 (27.3%) 0.00 55
2021-11-01 $179,450 (19.7%) $222,548 (18.5%) 0.00 42
2021-12-01 $185,000 (30.3%) $254,402 (41.5%) 0.00 30
2022-01-01 $179,900 (26.7%) $258,263 (53.4%) 0.00 25
2022-02-01 $175,000 (18.7%) $240,585 (29.5%) 0.00 28
2022-03-01 $184,900 (27.6%) $256,948 (32.4%) 0.00 24
2022-04-01 $174,900 (18.7%) $235,690 (36.5%) 0.00 23
2022-05-01 $177,450 (1.5%) $231,743 (12.2%) 0.00 35
2022-06-01 $197,000 (9.8%) $259,639 (19.6%) 0.00 42
Batavia's median listing price for 2022-06-01 was $197,000, a difference of $17,500 (9.8%) versus the prior year and $19,550 versus the prior month.

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

Batavia's average listing price for 2022-06-01 was $259,639, a difference of $42,611 (19.6%) versus the prior year and $27,896 versus the prior month.

For the 2022-06-01 period, Batavia had 42 MLS listings, a difference of 7 listings (20%) versus the prior month and -7 listings (-14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Batavia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,474 sqft
2018-02-01 0 days 1,452 sqft
2018-03-01 0 days 1,440 sqft
2018-04-01 0 days 1,440 sqft
2018-05-01 0 days 1,501 sqft
2018-06-01 0 days 1,553 sqft
2018-07-01 0 days 1,526 sqft
2018-08-01 0 days 1,638 sqft
2018-09-01 0 days 1,700 sqft
2018-10-01 0 days 1,607 sqft
2018-11-01 0 days 1,574 sqft
2018-12-01 0 days 1,560 sqft
2019-01-01 0 days 1,548 sqft
2019-02-01 0 days 1,544 sqft
2019-03-01 0 days 1,573 sqft
2019-04-01 0 days 1,597 sqft
2019-05-01 0 days 1,670 sqft
2019-06-01 0 days 1,719 sqft
2019-07-01 0 days 1,729 sqft
2019-08-01 0 days 1,681 sqft
2019-09-01 0 days 1,666 sqft
2019-10-01 0 days 1,730 sqft
2019-11-01 0 days 1,719 sqft
2019-12-01 0 days 1,681 sqft
2020-01-01 0 days 1,673 sqft
2020-02-01 0 days 1,688 sqft
2020-03-01 0 days 1,759 sqft
2020-04-01 0 days 1,737 sqft
2020-05-01 0 days 1,732 sqft
2020-06-01 0 days 1,680 sqft
2020-07-01 0 days 1,638 sqft
2020-08-01 0 days 1,716 sqft
2020-09-01 0 days 1,661 sqft
2020-10-01 0 days 1,584 sqft
2020-11-01 0 days 1,579 sqft
2020-12-01 0 days 1,522 sqft
2021-01-01 0 days 1,496 sqft
2021-02-01 0 days 1,622 sqft
2021-03-01 0 days 1,557 sqft
2021-04-01 0 days 1,446 sqft
2021-05-01 0 days 1,678 sqft
2021-06-01 0 days 1,554 sqft
2021-07-01 0 days 1,772 sqft
2021-08-01 0 days 1,547 sqft
2021-09-01 0 days 1,613 sqft
2021-10-01 0 days 1,716 sqft
2021-11-01 0 days 1,717 sqft
2021-12-01 0 days 1,696 sqft
2022-01-01 0 days 1,656 sqft
2022-02-01 0 days 1,650 sqft
2022-03-01 0 days 1,722 sqft
2022-04-01 0 days 1,709 sqft
2022-05-01 0 days 1,656 sqft
2022-06-01 0 days 1,700 sqft
Batavia's median listing age (time on market) for 2022-06-01 was 0 days.

Batavia's median square footage for active listings during the 2022-06-01 period was 1,700 sqft. One year prior, the average listing was 1,554 sqft.