Cambridge Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Cambridge averaged
6.92%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
7.12% and
one month ago for the week of 2025-05-29, the
average rate was 7.24%.
Cambridge's average rate one year ago was 6.91%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.77%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Cambridge 30 Year Fixed Rate | 2025-07-03 | 6.92% |
| Cambridge 30 Year Fixed Rate Refi | 2025-07-03 | 6.77% |
| Cambridge 15 Year Fixed Rate | 2025-07-03 | 5.7% |
| Cambridge 15 Year Fixed Rate Refi | 2025-07-03 | 6.3% |
| Cambridge 30 Year FHA | 2025-07-03 | 0.44% |
| Cambridge 30 Year FHA Refi | 2025-07-03 | -0.1% |
| Cambridge 30 Year USDA | 2025-07-03 | -0.1% |
| Cambridge 30 Year USDA Refi | 2025-07-03 | 0.2% |
| Cambridge 30 Year VA | 2025-07-03 | -0.1% |
| Cambridge 30 Year VA Refi | 2025-07-03 | 0% |
Cambridge 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 Cambridge, OH 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.).
Cambridge Average Closing Costs & Other Stats
Cambridge, OH's 40 lenders originated 678
loans during 2024. The total origination value was $92,810,000, with an average loan value of
$136,888.
Cambridge's average closing costs are $4,763.
The top Cambridge lender as defined by loan originations is Peoples Bank, with
28 loans originated. Their average total fees are
$3,147, which is $1,314
lower than the next largest lender,
The Huntington National Bank.
The lowest fee Cambridge lenders (with over 10 loans originated) are
The Community Bank ($2,974), Peoples Bank ($3,147), The Park National Bank ($3,807), The Huntington National Bank ($4,461) and UNITED WHOLESALE MORTGAGE, LLC ($5,772).
The lowest rate Cambridge lenders (with over 10 loans originated) are
Peoples Bank (6.59%), UNITED WHOLESALE MORTGAGE, LLC (6.73%), The Park National Bank (6.95%), The Huntington National Bank (6.95%) and QUICKEN LOANS, LLC (6.96%).
Cambridge, OH 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| The Huntington National Bank | $12,280,000 | $12,145,000 | -1.1% | 13.1% |
| Peoples Bank | $10,535,000 | $9,275,000 | -12.0% | 10.0% |
| FIRST OHIO HOME FINANCE, INC. | $9,215,000 | $7,715,000 | -16.3% | 8.3% |
| QUICKEN LOANS, LLC | $5,965,000 | $6,835,000 | 14.6% | 7.4% |
| Mortgage Research Center, LLC | $2,215,000 | $4,165,000 | 88.0% | 4.5% |
| WesBanco | $2,960,000 | $4,165,000 | 40.7% | 4.5% |
| The Park National Bank | $4,445,000 | $3,775,000 | -15.1% | 4.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,490,000 | $3,695,000 | 148.0% | 4.0% |
| The Community Bank | $4,790,000 | $2,715,000 | -43.3% | 2.9% |
| Farm Credit Mid-America, ACA | $3,260,000 | $2,450,000 | -24.8% | 2.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,335,000 | $1,915,000 | -18.0% | 2.1% |
| U.S. Bank | $1,650,000 | $1,765,000 | 7.0% | 1.9% |
| PENNYMAC LOAN SERVICES, LLC | $565,000 | $1,690,000 | 199.1% | 1.8% |
| J. VIRGIL, INC. | $1,635,000 | $1,560,000 | -4.6% | 1.7% |
| FREEDOM MORTGAGE CORPORATION | $270,000 | $1,510,000 | 459.3% | 1.6% |
| Ixonia Bank | $1,445,000 | $1,405,000 | -2.8% | 1.5% |
| PNC Bank | $1,860,000 | $1,285,000 | -30.9% | 1.4% |
| NFM, INC. | $125,000 | $1,160,000 | 828.0% | 1.2% |
| RUOFF MORTGAGE COMPANY, INC. | $975,000 | $1,125,000 | 15.4% | 1.2% |
| MID AMERICA MORTGAGE, INC. | $575,000 | $1,090,000 | 89.6% | 1.2% |
| Woodsfield Savings Bank | $1,510,000 | $810,000 | -46.4% | 0.9% |
| LIBERTY HOME MORTGAGE CORPORATION | $135,000 | $760,000 | 463.0% | 0.8% |
| North Valley Bank | $65,000 | $700,000 | 976.9% | 0.8% |
| The Citizens National Bank | $1,230,000 | $690,000 | -43.9% | 0.7% |
| NEWREZ LLC | $665,000 | n/a | 0.7% | |
| FIRST COMMUNITY MORTGAGE, INC. | $260,000 | $660,000 | 153.8% | 0.7% |
| EQUITY RESOURCES, INC. | $595,000 | $585,000 | -1.7% | 0.6% |
| UNION HOME MORTGAGE CORP. | $420,000 | $550,000 | 31.0% | 0.6% |
| Stifel Bank and Trust | $525,000 | n/a | 0.6% | |
| LOANDEPOT.COM, LLC | $430,000 | $510,000 | 18.6% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $710,000 | $500,000 | -29.6% | 0.5% |
| Westfield Bank, FSB | $455,000 | n/a | 0.5% | |
| Peoples State Bank | $415,000 | n/a | 0.4% | |
| Union Savings Bank | $410,000 | n/a | 0.4% | |
| 21ST MORTGAGE CORPORATION | $405,000 | n/a | 0.4% | |
| NEW DAY FINANCIAL, LLC | $380,000 | $405,000 | 6.6% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $565,000 | $395,000 | -30.1% | 0.4% |
| GUARANTEED RATE, INC. | $385,000 | n/a | 0.4% | |
| The First National Bank of McConnelsville | $385,000 | n/a | 0.4% | |
| Belmont Savings Bank | $1,130,000 | $370,000 | -67.3% | 0.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $295,000 | $370,000 | 25.4% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $115,000 | $350,000 | 204.3% | 0.4% |
| Flagstar Bank, FSB | $275,000 | $345,000 | 25.5% | 0.4% |
| POLARIS HOME FUNDING CORP. | $165,000 | $345,000 | 109.1% | 0.4% |
| VILLAGE CAPITAL MORTGAGE | $340,000 | n/a | 0.4% | |
| CARDINAL FINANCIAL | $265,000 | $310,000 | 17.0% | 0.3% |
| Cornerstone First Mortgage, Inc | $285,000 | n/a | 0.3% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $275,000 | n/a | 0.3% | |
| Citizens Bank | $265,000 | n/a | 0.3% | |
| Equity Prime Mortgage LLC | $245,000 | n/a | 0.3% | |
| Discover Bank | $145,000 | $240,000 | 65.5% | 0.3% |
| The Commercial and Savings Bank of Millersburg Ohio | $235,000 | n/a | 0.3% | |
| THE EQUITABLE MORTGAGE CORPORATION | $230,000 | n/a | 0.2% | |
| Wayne Savings Community Bank | $705,000 | $225,000 | -68.1% | 0.2% |
| Servion, Inc. | $215,000 | n/a | 0.2% | |
| TJC Mortgage, Inc. | $195,000 | $215,000 | 10.3% | 0.2% |
| GENEVA FINANCIAL, LLC | $210,000 | n/a | 0.2% | |
| FIRST COLONY MORTGAGE CORPORATION | $205,000 | n/a | 0.2% | |
| MORTGAGE ACCESS CORP. | $195,000 | n/a | 0.2% | |
| MILEND, INC. | $185,000 | n/a | 0.2% | |
| MOVEMENT MORTGAGE, LLC | $65,000 | $185,000 | 184.6% | 0.2% |
| The Union Bank Company | $270,000 | $185,000 | -31.5% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $95,000 | $180,000 | 89.5% | 0.2% |
| WRIGHT-PATT CREDIT UNION, INC. | $175,000 | n/a | 0.2% | |
| LONGBRIDGE FINANCIAL, LLC | $165,000 | n/a | 0.2% | |
| AmRes Corporation | $155,000 | n/a | 0.2% | |
| Heartland Bank | $155,000 | n/a | 0.2% | |
| JPMorgan Chase Bank | $715,000 | $155,000 | -78.3% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $150,000 | n/a | 0.2% | |
| CHURCHILL MORTGAGE CORPORATION | $145,000 | n/a | 0.2% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $145,000 | n/a | 0.2% | |
| Unified Bank | $125,000 | $145,000 | 16.0% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $720,000 | $140,000 | -80.6% | 0.2% |
| EMM LOANS LLC | $135,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $135,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $125,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $125,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $125,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $115,000 | $125,000 | 8.7% | 0.1% |
| SIWELL, INC. | $115,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $105,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $105,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $95,000 | n/a | 0.1% | |
| KEMBA FINANCIAL | $95,000 | n/a | 0.1% | |
| Wells Fargo Bank | $90,000 | n/a | 0.1% | |
| 1ST SIGNATURE LENDING, LLC | $85,000 | n/a | 0.1% | |
| Community Bank of Parkersburg | $85,000 | n/a | 0.1% | |
| LENDINGONE, LLC | $85,000 | n/a | 0.1% | |
| PROPONENT Federal Credit Union | $75,000 | $85,000 | 13.3% | 0.1% |
| BROKER SOLUTIONS, INC. | $460,000 | $75,000 | -83.7% | 0.1% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $75,000 | n/a | 0.1% | |
| Coastal Community Bank | $115,000 | $65,000 | -43.5% | 0.1% |
| Carrington Mortgage Services, LLC | $55,000 | n/a | 0.1% | |
| Figure Lending LLC | $65,000 | $40,000 | -38.5% | 0.0% |
| INOVA FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% | |
| CREDIT UNION OF OHIO | $25,000 | n/a | 0.0% | |
| LAKEVIEW LOAN SERVICING, LLC | $25,000 | n/a | 0.0% | |
| Seven Seventeen Credit Union | $25,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $105,000 | $25,000 | -76.2% | 0.0% |
Cambridge's top lender by overall market share is The Huntington National Bank, with 13.1% market share. In second place, with 10.0%, is Peoples Bank, having originated $9,275,000 in loans. In third place, with 8.3%, is FIRST OHIO HOME FINANCE, INC., having originated $7,715,000 in loans. In fourth place, with 7.4%, is QUICKEN LOANS, LLC, having originated $6,835,000 in loans. In fifth place, with 4.5%, is Mortgage Research Center, LLC, having originated $4,165,000 in loans.
Cambridge, OH Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 323 | $53,625,000 | $166,022 |
| Cash Out Refi | 101 | $12,485,000 | $123,614 |
| Refi | 92 | $13,930,000 | $151,413 |
| Other | 81 | $6,475,000 | $79,938 |
| Home Improvement | 80 | $6,230,000 | $77,875 |
| NA | 1 | $65,000 | $65,000 |
Cambridge's most frequently cited loan purpose was Home Purchase, with 323 originations. The 2nd most popular reason was Cash Out Refi, with 101 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 207 | $35,515,000 | $171,570 |
| Over 8% | 202 | $15,960,000 | $79,010 |
| 7-8% | 157 | $21,845,000 | $139,140 |
| 5-6% | 65 | $12,095,000 | $186,077 |
| 3-4% | 15 | $1,645,000 | $109,667 |
| 4-5% | 4 | $870,000 | $217,500 |
| 2.5-3% | 1 | $35,000 | $35,000 |
During 2024, Cambridge's most frequently originated rate bucket was 6-7%, with 207 originations.
Loan Sizing (Cambridge, OH MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 274 | $39,700,000 | $144,891 |
| $100,000 or less | 272 | $16,100,000 | $59,191 |
| $200k-400k | 120 | $31,140,000 | $259,500 |
| $400k-600k | 11 | $5,105,000 | $464,091 |
| $600k-1000k | 1 | $765,000 | $765,000 |
Cambridge's loan sizing saw the bucket of loans from $100k-200k with 274 originations, totaling $39,700,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 268 | $47,660,000 | $177,836 |
| 60-80% | 115 | $17,185,000 | $149,435 |
| 20-40% | 114 | $8,980,000 | $78,772 |
| Under 20% | 69 | $2,435,000 | $35,290 |
| 40-60% | 68 | $8,120,000 | $119,412 |
| Over 100% | 4 | $920,000 | $230,000 |
Cambridge's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 268 originations, totaling $47,660,000 in origination value.