Cambridge Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Cambridge averaged
6.69%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.29% and
one month ago for the week of 2024-09-05, the
average rate was 6.32%.
Cambridge's average rate one year ago was 7.56%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.62%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Cambridge 30 Year Fixed Rate | 2024-10-10 | 6.69% |
Cambridge 30 Year Fixed Rate Refi | 2024-10-10 | 6.62% |
Cambridge 15 Year Fixed Rate | 2024-10-10 | 5.31% |
Cambridge 15 Year Fixed Rate Refi | 2024-10-10 | 5.51% |
Cambridge 30 Year FHA | 2024-10-10 | 6.16% |
Cambridge 30 Year FHA Refi | 2024-10-10 | 6.3% |
Cambridge 30 Year USDA | 2024-10-10 | 6.18% |
Cambridge 30 Year USDA Refi | 2024-10-10 | 6.08% |
Cambridge 30 Year VA | 2024-10-10 | 5.85% |
Cambridge 30 Year VA Refi | 2024-10-10 | 5.65% |
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 33 lenders originated 656
loans during 2023. The total origination value was $89,420,000, with an average loan value of
$136,311.
Cambridge's average closing costs are $4,624.
The top Cambridge lender as defined by loan originations is Peoples Bank, with
27 loans originated. Their average total fees are
$2,960, which is $1,959
lower than the next largest lender,
The Huntington National Bank.
The lowest fee Cambridge lenders (with over 10 loans originated) are
The Community Bank ($2,347), Peoples Bank ($2,960), The Park National Bank ($4,121), The Huntington National Bank ($4,919) and QUICKEN LOANS, LLC ($6,284).
The lowest rate Cambridge lenders (with over 10 loans originated) are
The Community Bank (5.99%), Peoples Bank (6.88%), The Park National Bank (6.89%), QUICKEN LOANS, LLC (7.05%) and The Huntington National Bank (7.20%).
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
The Huntington National Bank | $14,985,000 | $12,280,000 | -18.1% | 13.7% |
Peoples Bank | $10,295,000 | $10,535,000 | 2.3% | 11.8% |
FIRST OHIO HOME FINANCE, INC. | $8,750,000 | $9,215,000 | 5.3% | 10.3% |
QUICKEN LOANS, LLC | $8,925,000 | $5,965,000 | -33.2% | 6.7% |
The Community Bank | $7,150,000 | $4,790,000 | -33.0% | 5.4% |
The Park National Bank | $7,465,000 | $4,445,000 | -40.5% | 5.0% |
Farm Credit Mid-America, ACA | $2,695,000 | $3,260,000 | 21.0% | 3.6% |
WesBanco | $3,415,000 | $2,960,000 | -13.3% | 3.3% |
CROSSCOUNTRY MORTGAGE, LLC | $1,485,000 | $2,335,000 | 57.2% | 2.6% |
Mortgage Research Center, LLC | $3,370,000 | $2,215,000 | -34.3% | 2.5% |
PNC Bank | $3,145,000 | $1,860,000 | -40.9% | 2.1% |
U.S. Bank | $4,750,000 | $1,650,000 | -65.3% | 1.8% |
J. VIRGIL, INC. | $3,315,000 | $1,635,000 | -50.7% | 1.8% |
Woodsfield Savings Bank | $2,410,000 | $1,510,000 | -37.3% | 1.7% |
UNITED WHOLESALE MORTGAGE, LLC | $2,205,000 | $1,490,000 | -32.4% | 1.7% |
Ixonia Bank | $1,445,000 | n/a | 1.6% | |
First Federal Bank of the Midwest | $1,370,000 | n/a | 1.5% | |
The Citizens National Bank | $1,230,000 | n/a | 1.4% | |
Belmont Savings Bank | $1,330,000 | $1,130,000 | -15.0% | 1.3% |
RUOFF MORTGAGE COMPANY, INC. | $850,000 | $975,000 | 14.7% | 1.1% |
Fifth Third Bank | $805,000 | n/a | 0.9% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $540,000 | $720,000 | 33.3% | 0.8% |
JPMorgan Chase Bank | $915,000 | $715,000 | -21.9% | 0.8% |
NAVY FEDERAL CREDIT UNION | $1,720,000 | $710,000 | -58.7% | 0.8% |
Wayne Savings Community Bank | $705,000 | n/a | 0.8% | |
FIRST TECHNOLOGY | $615,000 | n/a | 0.7% | |
EQUITY RESOURCES, INC. | $595,000 | n/a | 0.7% | |
MID AMERICA MORTGAGE, INC. | $1,810,000 | $575,000 | -68.2% | 0.6% |
AMERISAVE MORTGAGE CORPORATION | $885,000 | $565,000 | -36.2% | 0.6% |
PENNYMAC LOAN SERVICES, LLC | $185,000 | $565,000 | 205.4% | 0.6% |
The Farmers National Bank of Canfield | $180,000 | $565,000 | 213.9% | 0.6% |
BROKER SOLUTIONS, INC. | $435,000 | $460,000 | 5.7% | 0.5% |
LOANDEPOT.COM, LLC | $565,000 | $430,000 | -23.9% | 0.5% |
UNION HOME MORTGAGE CORP. | $820,000 | $420,000 | -48.8% | 0.5% |
NEW DAY FINANCIAL, LLC | $1,035,000 | $380,000 | -63.3% | 0.4% |
Chickasaw Community Bank | $745,000 | $375,000 | -49.7% | 0.4% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $370,000 | n/a | 0.4% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $535,000 | $295,000 | -44.9% | 0.3% |
Flagstar Bank, FSB | $1,060,000 | $275,000 | -74.1% | 0.3% |
FREEDOM MORTGAGE CORPORATION | $1,345,000 | $270,000 | -79.9% | 0.3% |
The Union Bank Company | $270,000 | n/a | 0.3% | |
CARDINAL FINANCIAL | $175,000 | $265,000 | 51.4% | 0.3% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $145,000 | $265,000 | 82.8% | 0.3% |
FIRST COMMUNITY MORTGAGE, INC. | $55,000 | $260,000 | 372.7% | 0.3% |
GUILD MORTGAGE COMPANY | $460,000 | $245,000 | -46.7% | 0.3% |
Nations Lending Corporation | $290,000 | $215,000 | -25.9% | 0.2% |
DRAPER AND KRAMER MORTGAGE CORP. | $205,000 | n/a | 0.2% | |
TJC Mortgage, Inc. | $195,000 | n/a | 0.2% | |
RELIANCE FIRST CAPITAL, LLC | $180,000 | n/a | 0.2% | |
Community Trust Bank, Inc. | $175,000 | n/a | 0.2% | |
First National Bank of America | $175,000 | n/a | 0.2% | |
AMERICAN FINANCIAL RESOURCES, INC. | $310,000 | $165,000 | -46.8% | 0.2% |
POLARIS HOME FUNDING CORP. | $805,000 | $165,000 | -79.5% | 0.2% |
RAPID MORTGAGE COMPANY | $330,000 | $165,000 | -50.0% | 0.2% |
PLAZA HOME MORTGAGE, INC. | $155,000 | n/a | 0.2% | |
Discover Bank | $110,000 | $145,000 | 31.8% | 0.2% |
AMERICAN HERITAGE LENDING, INC. | $135,000 | n/a | 0.2% | |
LIBERTY HOME MORTGAGE CORPORATION | $590,000 | $135,000 | -77.1% | 0.2% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $375,000 | $135,000 | -64.0% | 0.2% |
Bank of England | $55,000 | $125,000 | 127.3% | 0.1% |
Gateway First Bank | $465,000 | $125,000 | -73.1% | 0.1% |
NFM, INC. | $255,000 | $125,000 | -51.0% | 0.1% |
Truist | $125,000 | n/a | 0.1% | |
Unified Bank | $240,000 | $125,000 | -47.9% | 0.1% |
Coastal Community Bank | $115,000 | n/a | 0.1% | |
Hometown Equity Mortgage, LLC | $425,000 | $115,000 | -72.9% | 0.1% |
Mr. Cooper ( Nationstar Mortgage ) | $355,000 | $115,000 | -67.6% | 0.1% |
Regions Bank | $115,000 | n/a | 0.1% | |
TOP FLITE FINANCIAL, INC. | $145,000 | $115,000 | -20.7% | 0.1% |
SPRING EQ, LLC | $35,000 | $105,000 | 200.0% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $410,000 | $95,000 | -76.8% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $85,000 | $95,000 | 11.8% | 0.1% |
AMERICAN FINANCING CORPORATION | $235,000 | $85,000 | -63.8% | 0.1% |
CIVIC FINANCIAL SERVICES, LLC | $85,000 | n/a | 0.1% | |
First Financial Bank | $80,000 | n/a | 0.1% | |
PROPONENT Federal Credit Union | $75,000 | n/a | 0.1% | |
CANTON SCHOOL EMPLOYEES | $65,000 | n/a | 0.1% | |
Figure Lending LLC | $125,000 | $65,000 | -48.0% | 0.1% |
MOVEMENT MORTGAGE, LLC | $65,000 | n/a | 0.1% | |
North Valley Bank | $550,000 | $65,000 | -88.2% | 0.1% |
Security Bank of Kansas City | $65,000 | n/a | 0.1% | |
PHH Mortgage Corporation | $55,000 | n/a | 0.1% | |
Bank of America | $155,000 | $45,000 | -71.0% | 0.1% |
CREDIT HUMAN FEDERAL CREDIT UNION | $45,000 | n/a | 0.1% | |
LIMA ONE CAPITAL, LLC | $225,000 | $45,000 | -80.0% | 0.1% |
Deere Employees Credit Union | $35,000 | n/a | 0.0% | |
Lakeview Community Capital, LLC | $35,000 | n/a | 0.0% | |
American Airlines Federal Credit Union | $25,000 | n/a | 0.0% | |
Pathways Financial Credit Union, Inc. | $15,000 | n/a | 0.0% |
Cambridge's top lender by overall market share is The Huntington National Bank, with 13.7% market share. In second place, with 11.8%, is Peoples Bank, having originated $10,535,000 in loans. In third place, with 10.3%, is FIRST OHIO HOME FINANCE, INC., having originated $9,215,000 in loans. In fourth place, with 6.7%, is QUICKEN LOANS, LLC, having originated $5,965,000 in loans. In fifth place, with 5.4%, is The Community Bank, having originated $4,790,000 in loans.
Cambridge Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Cambridge (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 | $120,925 (15.8%) | $173,800 (20.1%) | 0.00 | 137 |
2018-02-01 | $109,000 (-4.3%) | $168,758 (14.5%) | 0.00 | 145 |
2018-03-01 | $107,500 (-3.5%) | $168,398 (13.1%) | 0.00 | 144 |
2018-04-01 | $109,700 (-7.4%) | $177,276 (13.4%) | 0.00 | 145 |
2018-05-01 | $122,475 (1.9%) | $186,050 (18.3%) | 0.00 | 150 |
2018-06-01 | $111,450 (-4.8%) | $182,630 (15.7%) | 0.00 | 146 |
2018-07-01 | $125,475 (14.2%) | $181,820 (18.3%) | 0.00 | 158 |
2018-08-01 | $125,425 (7.2%) | $182,235 (12.6%) | 0.00 | 164 |
2018-09-01 | $127,400 (6.3%) | $180,973 (6.2%) | 0.00 | 167 |
2018-10-01 | $137,175 (19.3%) | $181,618 (5.5%) | 0.00 | 175 |
2018-11-01 | $119,975 (9.2%) | $176,040 (7.5%) | 0.00 | 172 |
2018-12-01 | $118,000 (5.0%) | $174,154 (2.7%) | 0.00 | 154 |
2019-01-01 | $126,925 (5.0%) | $176,438 (1.5%) | 0.00 | 145 |
2019-02-01 | $137,400 (26.1%) | $182,341 (8.1%) | 0.00 | 134 |
2019-03-01 | $139,900 (30.1%) | $192,667 (14.4%) | 0.00 | 130 |
2019-04-01 | $140,550 (28.1%) | $203,707 (14.9%) | 0.00 | 128 |
2019-05-01 | $149,825 (22.3%) | $218,105 (17.2%) | 0.00 | 131 |
2019-06-01 | $145,000 (30.1%) | $209,848 (14.9%) | 0.00 | 161 |
2019-07-01 | $140,550 (12.0%) | $207,638 (14.2%) | 0.00 | 166 |
2019-08-01 | $142,900 (13.9%) | $209,942 (15.2%) | 0.00 | 172 |
2019-09-01 | $142,900 (12.2%) | $213,880 (18.2%) | 0.00 | 179 |
2019-10-01 | $141,200 (2.9%) | $218,857 (20.5%) | 0.00 | 183 |
2019-11-01 | $142,900 (19.1%) | $232,216 (31.9%) | 0.00 | 174 |
2019-12-01 | $136,325 (15.5%) | $219,872 (26.3%) | 0.00 | 158 |
2020-01-01 | $139,900 (10.2%) | $233,264 (32.2%) | 0.00 | 124 |
2020-02-01 | $139,900 (1.8%) | $249,337 (36.7%) | 0.00 | 105 |
2020-03-01 | $158,250 (13.1%) | $251,893 (30.7%) | 0.00 | 91 |
2020-04-01 | $159,900 (13.8%) | $250,726 (23.1%) | 0.00 | 94 |
2020-05-01 | $165,000 (10.1%) | $261,343 (19.8%) | 0.00 | 93 |
2020-06-01 | $142,400 (-1.8%) | $233,772 (11.4%) | 0.00 | 98 |
2020-07-01 | $141,950 (1.0%) | $224,689 (8.2%) | 0.00 | 97 |
2020-08-01 | $122,450 (-14.3%) | $197,497 (-5.9%) | 0.00 | 94 |
2020-09-01 | $131,225 (-8.2%) | $198,236 (-7.3%) | 0.00 | 97 |
2020-10-01 | $147,000 (4.1%) | $196,885 (-10.0%) | 0.00 | 99 |
2020-11-01 | $149,675 (4.7%) | $193,791 (-16.6%) | 0.00 | 90 |
2020-12-01 | $167,050 (22.5%) | $198,390 (-9.8%) | 0.00 | 78 |
2021-01-01 | $174,000 (24.4%) | $199,377 (-14.5%) | 0.00 | 65 |
2021-02-01 | $181,175 (29.5%) | $204,358 (-18.0%) | 0.00 | 60 |
2021-03-01 | $172,200 (8.8%) | $213,830 (-15.1%) | 0.00 | 51 |
2021-04-01 | $172,450 (7.9%) | $227,090 (-9.4%) | 0.00 | 45 |
2021-05-01 | $189,900 (15.1%) | $243,761 (-6.7%) | 0.00 | 37 |
2021-06-01 | $161,175 (13.2%) | $235,026 (0.5%) | 0.00 | 44 |
2021-07-01 | $194,900 (37.3%) | $334,905 (49.1%) | 0.00 | 42 |
2021-08-01 | $185,950 (51.9%) | $315,741 (59.9%) | 0.00 | 53 |
2021-09-01 | $176,950 (34.8%) | $298,437 (50.6%) | 0.00 | 65 |
2021-10-01 | $184,900 (25.8%) | $294,481 (49.6%) | 0.00 | 69 |
2021-11-01 | $179,975 (20.2%) | $286,687 (47.9%) | 0.00 | 77 |
2021-12-01 | $181,250 (8.5%) | $296,874 (49.6%) | 0.00 | 66 |
2022-01-01 | $179,999 (3.5%) | $310,371 (55.7%) | 0.00 | 59 |
2022-02-01 | $163,950 (-9.5%) | $295,247 (44.5%) | 0.00 | 58 |
2022-03-01 | $219,250 (27.3%) | $301,478 (41.0%) | 0.00 | 61 |
2022-04-01 | $204,950 (18.9%) | $300,317 (32.3%) | 0.00 | 57 |
2022-05-01 | $226,175 (19.1%) | $315,960 (29.6%) | 0.00 | 51 |
2022-06-01 | $195,175 (21.1%) | $285,095 (21.3%) | 0.00 | 60 |
2022-07-01 | $170,000 (-12.8%) | $270,013 (-19.4%) | 0.00 | 72 |
2022-08-01 | $180,900 (-2.7%) | $272,123 (-13.8%) | 0.00 | 82 |
2022-09-01 | $202,172 (14.3%) | $284,659 (-4.6%) | 0.00 | 99 |
2022-10-01 | $199,900 (8.1%) | $282,095 (-4.2%) | 0.00 | 90 |
2022-11-01 | $204,700 (13.7%) | $237,705 (-17.1%) | 0.00 | 83 |
2022-12-01 | $197,250 (8.8%) | $225,983 (-23.9%) | 0.00 | 82 |
2023-01-01 | $198,600 (10.3%) | $223,863 (-27.9%) | 0.00 | 80 |
2023-02-01 | $225,000 (37.2%) | $240,416 (-18.6%) | 0.00 | 71 |
2023-03-01 | $226,111 (3.1%) | $249,639 (-17.2%) | 0.00 | 71 |
2023-04-01 | $219,900 (7.3%) | $250,026 (-16.8%) | 0.00 | 76 |
2023-05-01 | $210,625 (-6.9%) | $247,195 (-21.8%) | 0.00 | 62 |
2023-06-01 | $208,750 (7.0%) | $256,745 (-9.9%) | 0.00 | 53 |
2023-07-01 | $199,700 (17.5%) | $287,159 (6.4%) | 0.00 | 48 |
2023-08-01 | $161,700 (-10.6%) | $281,791 (3.6%) | 0.00 | 50 |
2023-09-01 | $179,950 (-11.0%) | $302,466 (6.3%) | 0.00 | 54 |
2023-10-01 | $185,000 (-7.5%) | $308,437 (9.3%) | 0.00 | 61 |
2023-11-01 | $199,864 (-2.4%) | $296,821 (24.9%) | 0.00 | 65 |
2023-12-01 | $185,000 (-6.2%) | $275,564 (21.9%) | 0.00 | 65 |
2024-01-01 | $171,950 (-13.4%) | $257,133 (14.9%) | 0.00 | 64 |
2024-02-01 | $188,975 (-16.0%) | $279,235 (16.2%) | 0.00 | 64 |
2024-03-01 | $199,900 (-11.6%) | $261,296 (4.7%) | 0.00 | 69 |
2024-04-01 | $192,950 (-12.3%) | $247,481 (-1.0%) | 0.00 | 72 |
2024-05-01 | $204,600 (-2.9%) | $257,741 (4.3%) | 0.00 | 80 |
2024-06-01 | $239,000 (14.5%) | $264,809 (3.1%) | 0.00 | 86 |
2024-07-01 | $202,000 (1.2%) | $249,203 (-13.2%) | 0.00 | 110 |
2024-08-01 | $187,250 (15.8%) | $250,344 (-11.2%) | 0.00 | 118 |
2024-09-01 | $197,000 (9.5%) | $254,647 (-15.8%) | 0.00 | 111 |
Cambridge's median listing price comes in at 0% of the national average.
Cambridge's average listing price for 2024-09-01 was $254,647, a difference of $-47,819 (-15.8%) versus the prior year and $4,303 versus the prior month.
For the 2024-09-01 period, Cambridge had 111 MLS listings, a difference of -7 listings (-6%) versus the prior month and 57 listings (106%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Cambridge (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,539 sqft |
2018-02-01 | 0 days | 1,472 sqft |
2018-03-01 | 0 days | 1,472 sqft |
2018-04-01 | 0 days | 1,473 sqft |
2018-05-01 | 0 days | 1,495 sqft |
2018-06-01 | 0 days | 1,500 sqft |
2018-07-01 | 0 days | 1,716 sqft |
2018-08-01 | 0 days | 1,697 sqft |
2018-09-01 | 0 days | 1,704 sqft |
2018-10-01 | 0 days | 1,679 sqft |
2018-11-01 | 0 days | 1,680 sqft |
2018-12-01 | 0 days | 1,697 sqft |
2019-01-01 | 0 days | 1,795 sqft |
2019-02-01 | 0 days | 1,838 sqft |
2019-03-01 | 0 days | 1,819 sqft |
2019-04-01 | 0 days | 1,771 sqft |
2019-05-01 | 0 days | 1,610 sqft |
2019-06-01 | 0 days | 1,598 sqft |
2019-07-01 | 0 days | 1,708 sqft |
2019-08-01 | 0 days | 1,740 sqft |
2019-09-01 | 0 days | 1,761 sqft |
2019-10-01 | 0 days | 1,776 sqft |
2019-11-01 | 0 days | 1,764 sqft |
2019-12-01 | 0 days | 1,720 sqft |
2020-01-01 | 0 days | 1,699 sqft |
2020-02-01 | 0 days | 1,724 sqft |
2020-03-01 | 0 days | 1,834 sqft |
2020-04-01 | 0 days | 1,858 sqft |
2020-05-01 | 0 days | 1,900 sqft |
2020-06-01 | 0 days | 1,742 sqft |
2020-07-01 | 0 days | 1,703 sqft |
2020-08-01 | 0 days | 1,657 sqft |
2020-09-01 | 0 days | 1,680 sqft |
2020-10-01 | 0 days | 1,661 sqft |
2020-11-01 | 0 days | 1,776 sqft |
2020-12-01 | 0 days | 1,757 sqft |
2021-01-01 | 0 days | 1,800 sqft |
2021-02-01 | 0 days | 1,969 sqft |
2021-03-01 | 0 days | 1,776 sqft |
2021-04-01 | 0 days | 1,556 sqft |
2021-05-01 | 0 days | 1,752 sqft |
2021-06-01 | 0 days | 1,679 sqft |
2021-07-01 | 0 days | 2,000 sqft |
2021-08-01 | 0 days | 1,805 sqft |
2021-09-01 | 0 days | 1,824 sqft |
2021-10-01 | 0 days | 1,897 sqft |
2021-11-01 | 0 days | 1,856 sqft |
2021-12-01 | 0 days | 1,830 sqft |
2022-01-01 | 0 days | 1,831 sqft |
2022-02-01 | 0 days | 1,902 sqft |
2022-03-01 | 0 days | 2,030 sqft |
2022-04-01 | 0 days | 2,008 sqft |
2022-05-01 | 0 days | 2,021 sqft |
2022-06-01 | 0 days | 1,948 sqft |
2022-07-01 | 0 days | 1,920 sqft |
2022-08-01 | 0 days | 1,910 sqft |
2022-09-01 | 0 days | 1,862 sqft |
2022-10-01 | 0 days | 1,767 sqft |
2022-11-01 | 0 days | 1,651 sqft |
2022-12-01 | 0 days | 1,574 sqft |
2023-01-01 | 0 days | 1,732 sqft |
2023-02-01 | 0 days | 1,969 sqft |
2023-03-01 | 0 days | 1,930 sqft |
2023-04-01 | 0 days | 1,804 sqft |
2023-05-01 | 0 days | 1,866 sqft |
2023-06-01 | 0 days | 1,669 sqft |
2023-07-01 | 0 days | 1,693 sqft |
2023-08-01 | 0 days | 1,565 sqft |
2023-09-01 | 0 days | 1,664 sqft |
2023-10-01 | 0 days | 1,580 sqft |
2023-11-01 | 0 days | 1,679 sqft |
2023-12-01 | 0 days | 1,632 sqft |
2024-01-01 | 0 days | 1,568 sqft |
2024-02-01 | 0 days | 1,696 sqft |
2024-03-01 | 0 days | 1,703 sqft |
2024-04-01 | 0 days | 1,674 sqft |
2024-05-01 | 0 days | 1,729 sqft |
2024-06-01 | 0 days | 1,861 sqft |
2024-07-01 | 0 days | 1,762 sqft |
2024-08-01 | 0 days | 1,666 sqft |
2024-09-01 | 0 days | 1,704 sqft |
Cambridge's median square footage for active listings during the 2024-09-01 period was 1,704 sqft. One year prior, the average listing was 1,664 sqft.
Cambridge, OH Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 332 | $58,750,000 | $176,958 |
Cash Out Refi | 118 | $13,700,000 | $116,102 |
Home Improvement | 90 | $5,940,000 | $66,000 |
Other | 62 | $4,350,000 | $70,161 |
Refi | 54 | $6,680,000 | $123,704 |
Cambridge's most frequently cited loan purpose was Home Purchase, with 332 originations. The 2nd most popular reason was Cash Out Refi, with 118 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 203 | $31,495,000 | $155,148 |
7-8% | 194 | $30,830,000 | $158,918 |
Over 8% | 144 | $11,010,000 | $76,458 |
5-6% | 54 | $8,260,000 | $152,963 |
<2.5% | 14 | $810,000 | $57,857 |
3-4% | 13 | $885,000 | $68,077 |
4-5% | 7 | $1,295,000 | $185,000 |
During 2023, Cambridge's most frequently originated rate bucket was 6-7%, with 203 originations.
Loan Sizing (Cambridge, OH MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 292 | $17,030,000 | $58,322 |
$100k-200k | 243 | $34,665,000 | $142,654 |
$200k-400k | 109 | $28,825,000 | $264,450 |
$400k-600k | 7 | $3,275,000 | $467,857 |
$600k-1000k | 3 | $2,075,000 | $691,667 |
$Over $1MM | 2 | $3,550,000 | $1,775,000 |
Cambridge's loan sizing saw the bucket of loans from $100,000 or less with 292 originations, totaling $17,030,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 250 | $43,700,000 | $174,800 |
60-80% | 118 | $19,640,000 | $166,441 |
20-40% | 93 | $8,655,000 | $93,065 |
Under 20% | 88 | $3,370,000 | $38,295 |
40-60% | 75 | $8,615,000 | $114,867 |
Over 100% | 5 | $595,000 | $119,000 |
Cambridge's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 250 originations, totaling $43,700,000 in origination value.