Cambridge Mortgage Rates & Closing Costs

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

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%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cambridge, OH.

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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Peoples Bank 28 6.59% $3,147
The Huntington National Bank 23 6.95% $4,461
The Park National Bank 16 6.95% $3,807
QUICKEN LOANS, LLC 15 6.96% $6,687
UNITED WHOLESALE MORTGAGE, LLC 12 6.73% $5,772
The Community Bank 10 7.13% $2,974
WesBanco 6 7.58% $4,275
U.S. Bank 6 6.93% $3,711
Farm Credit Mid-America, ACA 4 7.03% $4,906
J. VIRGIL, INC. 3 7.29% $4,602
CROSSCOUNTRY MORTGAGE, LLC 3 6.21% $5,254
PNC Bank 2 6.06% $2,787
THE EQUITABLE MORTGAGE CORPORATION 2 7.63% $3,232
NFM, INC. 2 7.50% $5,853
UNION HOME MORTGAGE CORP. 2 7.13% $7,033
PENNYMAC LOAN SERVICES, LLC 2 6.25% $11,141
NAVY FEDERAL CREDIT UNION 1 6.63% $5,229
POLARIS HOME FUNDING CORP. 1 6.63% $7,173
ROYAL UNITED MORTGAGE LLC 1 6.88% $8,334
Stifel Bank and Trust 1 6.13% $4,075
The Union Bank Company 1 5.63% $4,095
Union Savings Bank 1 7.25% $3,046
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.99% $6,460
1ST SIGNATURE LENDING, LLC 1 5.75% $5,694
WRIGHT-PATT CREDIT UNION, INC. 1 6.25% $6,750
21ST MORTGAGE CORPORATION 1 9.07% $5,553
AmRes Corporation 1 7.13% $6,143
CANOPY MORTGAGE, LLC 1 7.63% $6,969
CARDINAL FINANCIAL 1 5.25% $5,284
CHURCHILL MORTGAGE CORPORATION 1 6.50% $4,166
EQUITY RESOURCES, INC. 1 6.25% $3,465
Flagstar Bank, FSB 1 6.61% $2,593
FREEDOM MORTGAGE CORPORATION 1 6.75% $4,725
Heartland Bank 1 5.88% $2,666
HOMESIDE FINANCIAL, LLC 1 6.88% $6,047
HOWARD HANNA FINANCIAL SERVICES, INC. 1 7.00% $4,801
Ixonia Bank 1 5.88% $5,990
LOANDEPOT.COM, LLC 1 6.99% $8,495
MORTGAGE ACCESS CORP. 1 7.13% $7,335
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.88% $4,242

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.