Bradford Mortgage Rates

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  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Loan Attributes
  • Market Conditions & Pricing
  • Time on Market/Property Size
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Bradford averaged 6.1% 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 6.07% and one month ago for the week of 2022-05-19, the average rate was 5.34%.

    Bradford's average rate one year ago was 3.02%.

    For refis of the same type during the week of 2022-06-23, the average rate was 5.8%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-06-23 5.81%
    Bradford 30 Year Fixed Rate 2022-06-23 6.1%
    Bradford 30 Year Fixed Rate Refi 2022-06-23 5.8%
    Bradford 15 Year Fixed Rate 2022-06-23 5.89%
    Bradford 15 Year Fixed Rate Refi 2022-06-23 6.02%
    Bradford 30 Year FHA 2022-06-23 -0.08%
    Bradford 30 Year FHA Refi 2022-06-23 -0.14%
    Bradford 30 Year USDA 2022-06-23 -0.06%
    Bradford 30 Year USDA Refi 2022-06-23 0.14%
    Bradford 30 Year VA 2022-06-23 0.11%
    Bradford 30 Year VA Refi 2022-06-23 -0.01%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bradford, PA.

    Bradford 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 Bradford, PA 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
    Northwest Bank 47 2.97% $3,564
    QUICKEN LOANS, LLC 29 3.22% $5,111
    CNB Bank 10 3.08% $4,254
    PNC Bank 6 3.35% $3,959
    Community Bank 6 3.50% $739
    Citizens & Northern Bank 6 3.38% $4,039
    Wells Fargo Bank 4 3.03% $4,328
    LOANDEPOT.COM, LLC 3 3.58% $5,037
    UNITED WHOLESALE MORTGAGE, LLC 2 2.81% $4,593
    TIDEWATER MORTGAGE SERVICES, INC. 2 3.31% $3,634
    ROYAL UNITED MORTGAGE LLC 2 3.75% $6,017
    HOMESIDE FINANCIAL, LLC 1 3.25% $4,437
    HOMESTEAD FUNDING CORP. 1 3.00% $3,242
    INTERNATIONAL CITY MORTGAGE, INC. 1 3.63% $3,344
    JPMorgan Chase Bank 1 3.25% $500
    KeyBank 1 2.75% $4,415
    Manufacturers and Traders Trust Company 1 2.75% $2,634
    MEMBERS 1ST FEDERAL CREDIT UNION 1 3.25% $2,261
    MOVEMENT MORTGAGE, LLC 1 2.99% $3,724
    NEWREZ LLC 1 3.25% $3,096
    PENNSYLVANIA STATE EMPLOYEES Credit Union 1 3.00% $2,192
    Premium Mortgage Corporation 1 2.75% $3,245
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 2.88% $4,354
    Sail Mortgage Corp. 1 2.50% $5,291
    T2 FINANCIAL LLC 1 3.25% $4,513
    The Ephrata National Bank 1 3.25% $3,749
    UNION HOME MORTGAGE CORP. 1 3.50% $4,127
    UTILITIES EMPLOYEES CREDIT UNION 1 2.88% $3,487
    WELCOME HOME FINANCE, L.P. 1 3.25% $1,905
    Ally Bank 1 3.00% $3,687
    Wyndham Capital Mortgage, Inc. 1 3.38% $2,300
    Bank of America 1 3.00% $5,410
    Bank of England 1 3.25% $4,367
    BROKER SOLUTIONS, INC. 1 3.38% $3,445
    Citizens Bank 1 3.50% $3,090
    Discover Bank 1 7.99% $0
    EVERENCE FEDERAL CREDIT UNION 1 5.50% $2,523
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 2.75% $2,976
    First Federal Bank of the Midwest 1 3.00% $4,936
    Fulton Bank 1 3.38% $3,363
    GUARANTEED RATE, INC. 1 2.99% $2,983

    Bradford, PA's 41 lenders originated 608 loans during 2021. The total origination value was $67,240,000, with an average loan value of $110,592.

    The top Bradford lender as defined by loan originations is Northwest Bank, with 47 loans originated. Their average total fees are $3,564, which is $1,547 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Bradford lenders (with over 10 loans originated) are Northwest Bank ($3,564), CNB Bank ($4,254), QUICKEN LOANS, LLC ($5,111), .

    The lowest rate Bradford lenders (with over 10 loans originated) are Northwest Bank (2.97%), CNB Bank (3.08%), QUICKEN LOANS, LLC (3.22%), .

    Bradford, PA 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
    Northwest Bank $15,040,000 $16,805,000 11.7% 25.0%
    QUICKEN LOANS, LLC $10,595,000 $13,180,000 24.4% 19.6%
    CNB Bank $7,460,000 $13,145,000 76.2% 19.5%
    PNC Bank $1,725,000 $1,575,000 -8.7% 2.3%
    Citizens & Northern Bank $1,840,000 $1,430,000 -22.3% 2.1%
    Community Bank $715,000 $985,000 37.8% 1.5%
    LOANDEPOT.COM, LLC $135,000 $970,000 618.5% 1.4%
    FREEDOM MORTGAGE CORPORATION $1,340,000 $935,000 -30.2% 1.4%
    The Juniata Valley Bank $930,000 $870,000 -6.5% 1.3%
    Wells Fargo Bank $45,000 $800,000 1,677.8% 1.2%
    Sail Mortgage Corp. $365,000 $740,000 102.7% 1.1%
    Mortgage Research Center, LLC $1,575,000 $685,000 -56.5% 1.0%
    21ST MORTGAGE CORPORATION $200,000 $640,000 220.0% 1.0%
    PENNSYLVANIA STATE EMPLOYEES Credit Union $320,000 $640,000 100.0% 1.0%
    USAA Federal Savings Bank $625,000 n/a 0.9%
    NEW DAY FINANCIAL, LLC $115,000 $560,000 387.0% 0.8%
    VILLAGE CAPITAL & INVESTMENT LLC $580,000 $500,000 -13.8% 0.7%
    Citizens Bank $175,000 $485,000 177.1% 0.7%
    UNITED WHOLESALE MORTGAGE, LLC $85,000 $485,000 470.6% 0.7%
    HOMESTEAD FUNDING CORP. $985,000 $450,000 -54.3% 0.7%
    PENNYMAC LOAN SERVICES, LLC $55,000 $450,000 718.2% 0.7%
    ROYAL UNITED MORTGAGE LLC $450,000 n/a 0.7%
    TIDEWATER MORTGAGE SERVICES, INC. $45,000 $315,000 600.0% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $135,000 $290,000 114.8% 0.4%
    OWNERSCHOICE FUNDING, INCORPORATED $285,000 n/a 0.4%
    Santander Bank, N.A. $285,000 n/a 0.4%
    RELIANCE FIRST CAPITAL, LLC $115,000 $280,000 143.5% 0.4%
    The ONE $275,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $165,000 $270,000 63.6% 0.4%
    Fifth Third Bank $270,000 n/a 0.4%
    First Commonwealth Bank $35,000 $270,000 671.4% 0.4%
    The Farmers National Bank of Emlenton $270,000 n/a 0.4%
    Bank of America $265,000 n/a 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $255,000 n/a 0.4%
    AmeriHome Mortgage Company, LLC $245,000 n/a 0.4%
    BETTER MORTGAGE CORPORATION $235,000 n/a 0.3%
    Discover Bank $225,000 n/a 0.3%
    Barrington Bank & Trust Company, N.A. $825,000 $220,000 -73.3% 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $350,000 $215,000 -38.6% 0.3%
    Elderton State Bank $205,000 n/a 0.3%
    The Ephrata National Bank $205,000 n/a 0.3%
    SUN WEST MORTGAGE COMPANY, INC. $215,000 $200,000 -7.0% 0.3%
    PARAGON HOME LOANS INC. $235,000 $190,000 -19.1% 0.3%
    KeyBank $205,000 $180,000 -12.2% 0.3%
    CREDIT HUMAN FEDERAL CREDIT UNION $175,000 n/a 0.3%
    GUARANTEED RATE, INC. $175,000 n/a 0.3%
    UTILITIES EMPLOYEES CREDIT UNION $170,000 n/a 0.3%
    HOMESIDE FINANCIAL, LLC $165,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $165,000 n/a 0.2%
    Ally Bank $135,000 $155,000 14.8% 0.2%
    CHURCHILL MORTGAGE CORPORATION $145,000 n/a 0.2%
    CALIBER HOME LOANS, INC. $220,000 $135,000 -38.6% 0.2%
    LENDING CAPITAL GROUP Inc $135,000 n/a 0.2%
    PLAZA HOME MORTGAGE, INC. $135,000 n/a 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $135,000 n/a 0.2%
    THRIVENT Federal Credit Union $135,000 n/a 0.2%
    Wyndham Capital Mortgage, Inc. $135,000 n/a 0.2%
    First Federal Bank of the Midwest $125,000 n/a 0.2%
    The Federal Savings Bank $125,000 n/a 0.2%
    Valley National Bank $125,000 n/a 0.2%
    LIBERTY HOME MORTGAGE CORPORATION $115,000 n/a 0.2%
    Manufacturers and Traders Trust Company $310,000 $115,000 -62.9% 0.2%
    AMERICAN FINANCING CORPORATION $105,000 n/a 0.2%
    BROKER SOLUTIONS, INC. $230,000 $105,000 -54.3% 0.2%
    Hometown Lenders, Inc. $105,000 n/a 0.2%
    Utah Power $105,000 n/a 0.2%
    WELCOME HOME FINANCE, L.P. $105,000 n/a 0.2%
    Jersey Shore State Bank $265,000 $95,000 -64.2% 0.1%
    MEMBERS 1ST FEDERAL CREDIT UNION $95,000 n/a 0.1%
    Nations Lending Corporation $95,000 n/a 0.1%
    NAVY FEDERAL CREDIT UNION $280,000 $95,000 -66.1% 0.1%
    Bank of England $85,000 n/a 0.1%
    First Citizens Community Bank $85,000 n/a 0.1%
    Fulton Bank $85,000 n/a 0.1%
    MOVEMENT MORTGAGE, LLC $85,000 n/a 0.1%
    NEWREZ LLC $135,000 $85,000 -37.0% 0.1%
    T2 FINANCIAL LLC $85,000 n/a 0.1%
    Marion Center Bank $75,000 n/a 0.1%
    Premium Mortgage Corporation $75,000 n/a 0.1%
    UNION HOME MORTGAGE CORP. $65,000 n/a 0.1%
    EVERENCE FEDERAL CREDIT UNION $55,000 n/a 0.1%
    INTERNATIONAL CITY MORTGAGE, INC. $55,000 n/a 0.1%
    JPMorgan Chase Bank $45,000 n/a 0.1%
    SPRING EQ, LLC $35,000 n/a 0.1%

    Bradford's top lender by overall market share is Northwest Bank, with 25.0% market share. In second place, with 19.6%, is QUICKEN LOANS, LLC, having originated $13,180,000 in loans. In third place, with 19.5%, is CNB Bank, having originated $13,145,000 in loans. In third place, with 2.3%, is PNC Bank, having originated $1,575,000 in loans. In third place, with 2.1%, is Citizens & Northern Bank, having originated $1,430,000 in loans.

    Bradford, PA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 265 $29,355,000 $110,774
    Refi 148 $18,140,000 $122,568
    Cash Out Refi 110 $13,320,000 $121,091
    Home Improvement 54 $3,350,000 $62,037
    Other 31 $3,075,000 $99,194

    Bradford's most frequently cited loan purpose was Home Purchase, with 265 originations. The 2nd most popular reason was Refi, with 148 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 240 $25,490,000 $106,208
    2.5-3% 201 $25,255,000 $125,647
    <2.5% 65 $8,565,000 $131,769
    4-5% 63 $5,215,000 $82,778
    5-6% 16 $920,000 $57,500
    6-7% 4 $310,000 $77,500
    7-8% 4 $250,000 $62,500
    Over 8% 3 $85,000 $28,333

    During 2021, Bradford's most frequently originated rate bucket was 3-4%, with 240 originations.

    Loan Sizing (Bradford, PA MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 329 $20,235,000 $61,505
    $100k-200k 212 $28,790,000 $135,802
    $200k-400k 62 $15,680,000 $252,903
    $400k-600k 4 $1,880,000 $470,000
    $600k-1000k 1 $655,000 $655,000

    Bradford's loan sizing saw the bucket of loans from $100,000 or less with 329 originations, totaling $20,235,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 256 $30,480,000 $119,063
    60-80% 185 $23,005,000 $124,351
    40-60% 78 $7,370,000 $94,487
    20-40% 53 $3,395,000 $64,057
    Under 20% 15 $455,000 $30,333
    Over 100% 3 $565,000 $188,333

    Bradford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 256 originations, totaling $30,480,000 in origination value.

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Bradford (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 $79,900 (-11.2%) $114,028 (-15.4%) 0.00 184
    2018-02-01 $79,900 (-11.2%) $120,194 (-1.6%) 0.00 187
    2018-03-01 $79,900 (-15.9%) $118,975 (-6.9%) 0.00 183
    2018-04-01 $81,200 (-18.0%) $118,699 (-9.3%) 0.00 196
    2018-05-01 $82,500 (-16.7%) $123,724 (-4.3%) 0.00 204
    2018-06-01 $89,000 (-1.1%) $131,124 (5.4%) 0.00 189
    2018-07-01 $99,250 (10.6%) $134,116 (9.2%) 0.00 195
    2018-08-01 $95,750 (6.5%) $135,212 (7.9%) 0.00 196
    2018-09-01 $89,900 (0.0%) $135,731 (5.6%) 0.00 200
    2018-10-01 $87,000 (-3.0%) $133,482 (4.1%) 0.00 215
    2018-11-01 $84,950 (0.1%) $130,801 (6.2%) 0.00 196
    2018-12-01 $81,900 (2.4%) $126,337 (6.8%) 0.00 191
    2019-01-01 $79,950 (0.1%) $122,947 (7.8%) 0.00 183
    2019-02-01 $79,900 (0.0%) $122,132 (1.6%) 0.00 172
    2019-03-01 $80,000 (0.1%) $118,447 (-0.4%) 0.00 185
    2019-04-01 $80,000 (-1.5%) $113,985 (-4.0%) 0.00 188
    2019-05-01 $84,900 (2.9%) $114,847 (-7.2%) 0.00 208
    2019-06-01 $80,000 (-10.1%) $111,456 (-15.0%) 0.00 202
    2019-07-01 $84,500 (-14.9%) $114,900 (-14.3%) 0.00 205
    2019-08-01 $87,929 (-8.2%) $114,168 (-15.6%) 0.00 212
    2019-09-01 $83,250 (-7.4%) $112,374 (-17.2%) 0.00 218
    2019-10-01 $80,000 (-8.1%) $113,269 (-15.1%) 0.00 209
    2019-11-01 $84,500 (-0.5%) $112,782 (-13.8%) 0.00 202
    2019-12-01 $84,900 (3.7%) $112,300 (-11.1%) 0.00 190
    2020-01-01 $84,900 (6.2%) $109,638 (-10.8%) 0.00 185
    2020-02-01 $84,900 (6.3%) $109,803 (-10.1%) 0.00 188
    2020-03-01 $89,250 (11.6%) $112,198 (-5.3%) 0.00 191
    2020-04-01 $89,500 (11.9%) $109,927 (-3.6%) 0.00 176
    2020-05-01 $84,900 (0.0%) $109,176 (-4.9%) 0.00 173
    2020-06-01 $84,900 (6.1%) $110,915 (-0.5%) 0.00 171
    2020-07-01 $87,900 (4.0%) $115,063 (0.1%) 0.00 161
    2020-08-01 $86,000 (-2.2%) $119,980 (5.1%) 0.00 131
    2020-09-01 $86,400 (3.8%) $116,569 (3.7%) 0.00 119
    2020-10-01 $84,900 (6.1%) $125,347 (10.7%) 0.00 111
    2020-11-01 $82,200 (-2.7%) $119,075 (5.6%) 0.00 99
    2020-12-01 $79,950 (-5.8%) $118,154 (5.2%) 0.00 85
    2021-01-01 $79,900 (-5.9%) $121,090 (10.5%) 0.00 72
    2021-02-01 $76,900 (-9.4%) $113,720 (3.6%) 0.00 61
    2021-03-01 $81,250 (-9.0%) $118,757 (5.9%) 0.00 50
    2021-04-01 $82,500 (-7.8%) $127,218 (15.7%) 0.00 47
    2021-05-01 $98,500 (16.0%) $138,196 (26.6%) 0.00 52
    2021-06-01 $94,500 (11.3%) $134,950 (21.7%) 0.00 64
    2021-07-01 $102,200 (16.3%) $146,346 (27.2%) 0.00 63
    2021-08-01 $121,475 (41.3%) $168,168 (40.2%) 0.00 63
    2021-09-01 $121,475 (40.6%) $169,401 (45.3%) 0.00 67
    2021-10-01 $120,000 (41.3%) $160,586 (28.1%) 0.00 75
    2021-11-01 $126,425 (53.8%) $174,640 (46.7%) 0.00 67
    2021-12-01 $126,950 (58.8%) $174,710 (47.9%) 0.00 74
    2022-01-01 $129,900 (62.6%) $182,155 (50.4%) 0.00 62
    2022-02-01 $142,400 (85.2%) $192,182 (69.0%) 0.00 54
    2022-03-01 $139,450 (71.6%) $176,495 (48.6%) 0.00 54
    2022-04-01 $119,500 (44.9%) $168,860 (32.7%) 0.00 53
    2022-05-01 $124,700 (26.6%) $168,306 (21.8%) 0.00 53
    Bradford's median listing price for 2022-05-01 was $124,700, a difference of $26,200 (26.6%) versus the prior year and $5,200 versus the prior month.

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

    Bradford's average listing price for 2022-05-01 was $168,306, a difference of $30,110 (21.8%) versus the prior year and $-554 versus the prior month.

    For the 2022-05-01 period, Bradford had 53 MLS listings, a difference of 0 listings (0%) versus the prior month and 1 listings (2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bradford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,608 sqft
    2018-02-01 0 days 1,608 sqft
    2018-03-01 0 days 1,608 sqft
    2018-04-01 0 days 1,654 sqft
    2018-05-01 0 days 1,657 sqft
    2018-06-01 0 days 1,660 sqft
    2018-07-01 0 days 1,656 sqft
    2018-08-01 0 days 1,651 sqft
    2018-09-01 0 days 1,582 sqft
    2018-10-01 0 days 1,555 sqft
    2018-11-01 0 days 1,531 sqft
    2018-12-01 0 days 1,500 sqft
    2019-01-01 0 days 1,500 sqft
    2019-02-01 0 days 1,508 sqft
    2019-03-01 0 days 1,517 sqft
    2019-04-01 0 days 1,519 sqft
    2019-05-01 0 days 1,514 sqft
    2019-06-01 0 days 1,540 sqft
    2019-07-01 0 days 1,600 sqft
    2019-08-01 0 days 1,611 sqft
    2019-09-01 0 days 1,593 sqft
    2019-10-01 0 days 1,606 sqft
    2019-11-01 0 days 1,620 sqft
    2019-12-01 0 days 1,610 sqft
    2020-01-01 0 days 1,563 sqft
    2020-02-01 0 days 1,540 sqft
    2020-03-01 0 days 1,584 sqft
    2020-04-01 0 days 1,600 sqft
    2020-05-01 0 days 1,603 sqft
    2020-06-01 0 days 1,557 sqft
    2020-07-01 0 days 1,562 sqft
    2020-08-01 0 days 1,603 sqft
    2020-09-01 0 days 1,554 sqft
    2020-10-01 0 days 1,600 sqft
    2020-11-01 0 days 1,548 sqft
    2020-12-01 0 days 1,564 sqft
    2021-01-01 0 days 1,564 sqft
    2021-02-01 0 days 1,560 sqft
    2021-03-01 0 days 1,573 sqft
    2021-04-01 0 days 1,721 sqft
    2021-05-01 0 days 1,687 sqft
    2021-06-01 0 days 1,547 sqft
    2021-07-01 0 days 1,665 sqft
    2021-08-01 0 days 1,729 sqft
    2021-09-01 0 days 1,770 sqft
    2021-10-01 0 days 1,687 sqft
    2021-11-01 0 days 1,770 sqft
    2021-12-01 0 days 1,679 sqft
    2022-01-01 0 days 1,666 sqft
    2022-02-01 0 days 1,716 sqft
    2022-03-01 0 days 1,705 sqft
    2022-04-01 0 days 1,716 sqft
    2022-05-01 0 days 1,716 sqft
    Bradford's median listing age (time on market) for 2022-05-01 was 0 days.

    Bradford's median square footage for active listings during the 2022-05-01 period was 1,716 sqft. One year prior, the average listing was 1,687 sqft.