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 6.69% 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%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Peoples Bank 27 6.88% $2,960
The Huntington National Bank 16 7.20% $4,919
QUICKEN LOANS, LLC 12 7.05% $6,284
The Park National Bank 12 6.89% $4,121
The Community Bank 12 5.99% $2,347
Farm Credit Mid-America, ACA 10 7.49% $6,996
CROSSCOUNTRY MORTGAGE, LLC 7 7.12% $6,761
U.S. Bank 5 7.25% $3,235
AMERISAVE MORTGAGE CORPORATION 3 7.04% $6,521
EQUITY RESOURCES, INC. 3 7.17% $3,849
J. VIRGIL, INC. 3 6.79% $6,250
PNC Bank 3 7.00% $3,857
WesBanco 3 6.04% $3,586
Fifth Third Bank 2 6.18% $4,925
The Farmers National Bank of Canfield 2 7.19% $5,334
RUOFF MORTGAGE COMPANY, INC. 2 6.31% $3,405
Ixonia Bank 2 6.31% $6,683
JPMorgan Chase Bank 2 7.38% $7,949
First National Bank of America 1 9.88% $8,880
CANTON SCHOOL EMPLOYEES 1 7.13% $3,704
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $6,044
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $6,173
First Financial Bank 1 6.63% $2,029
UNION HOME MORTGAGE CORP. 1 7.63% $3,346
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.50% $840
Community Trust Bank, Inc. 1 7.00% $3,283
TOP FLITE FINANCIAL, INC. 1 6.88% $7,729
GUILD MORTGAGE COMPANY 1 6.75% $8,247
Regions Bank 1 6.75% $4,812
LOANDEPOT.COM, LLC 1 6.50% $5,775
MOVEMENT MORTGAGE, LLC 1 7.56% $4,435
NFM, INC. 1 7.13% $4,878
PENNYMAC LOAN SERVICES, LLC 1 7.00% $4,736

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. Louis
Date 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 for 2024-09-01 was $197,000, a difference of $17,050 (9.5%) versus the prior year and $9,750 versus the prior month.

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. Louis
Date 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 listing age (time on market) for 2024-09-01 was 0 days.

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.