Hermiston - Pendleton Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Hermiston - Pendleton averaged
6.69%
for the week of 2023-03-23, compared to the national average of
6.42% for the same period.
The average rate for the prior week (2023-03-16) was
6.67% and
one month ago for the week of 2023-02-16, the
average rate was 6.69%.
Hermiston - Pendleton's average rate one year ago was 3.74%.
For refis of the same type during the week of 2023-03-23, the average rate
was 6.77%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-23 | 6.42% |
| Hermiston - Pendleton 30 Year Fixed Rate | 2023-03-23 | 6.69% |
| Hermiston - Pendleton 30 Year Fixed Rate Refi | 2023-03-23 | 6.77% |
| Hermiston - Pendleton 15 Year Fixed Rate | 2023-03-23 | 6.24% |
| Hermiston - Pendleton 15 Year Fixed Rate Refi | 2023-03-23 | 5.94% |
| Hermiston - Pendleton 30 Year FHA | 2023-03-23 | 6.32% |
| Hermiston - Pendleton 30 Year FHA Refi | 2023-03-23 | 6.29% |
| Hermiston - Pendleton 30 Year USDA | 2023-03-23 | 6.18% |
| Hermiston - Pendleton 30 Year USDA Refi | 2023-03-23 | 5.88% |
| Hermiston - Pendleton 30 Year VA | 2023-03-23 | 6.31% |
| Hermiston - Pendleton 30 Year VA Refi | 2023-03-23 | 5.74% |
Hermiston - Pendleton 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 Hermiston-Pendleton, OR 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.).
Hermiston - Pendleton Average Closing Costs & Other Stats
Hermiston-Pendleton, OR's 109 lenders originated 1,968
loans during 2022. The total origination value was $484,290,000, with an average loan value of
$246,082.
Hermiston - Pendleton's average closing costs are $6,011.
The top Hermiston - Pendleton lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
95 loans originated. Their average total fees are
$6,135, which is $1,747
lower than the next largest lender,
AMERICAN PACIFIC MORTGAGE CORPORATION.
The lowest fee Hermiston - Pendleton lenders (with over 10 loans originated) are
FIRST COMMUNITY ($3,259), U.S. Bank ($3,958), Wells Fargo Bank ($3,959), HAPO COMMUNITY CREDIT UNION ($4,715) and GESA ($5,265).
The lowest rate Hermiston - Pendleton lenders (with over 10 loans originated) are
GESA (3.34%), FIRST COMMUNITY (4.13%), LOANDEPOT.COM, LLC (4.15%), HomeStreet Bank (4.51%) and CALIBER HOME LOANS, INC. (4.54%).
Hermiston-Pendleton, OR 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| GUILD MORTGAGE COMPANY | $71,520,000 | $52,855,000 | -26.1% | 10.9% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $55,755,000 | $45,300,000 | -18.8% | 9.4% |
| ACADEMY MORTGAGE CORPORATION | $46,380,000 | $36,215,000 | -21.9% | 7.5% |
| QUICKEN LOANS, LLC | $60,605,000 | $29,740,000 | -50.9% | 6.1% |
| CMG MORTGAGE, INC. | $42,530,000 | $27,140,000 | -36.2% | 5.6% |
| Columbia State Bank | $8,495,000 | $20,095,000 | 136.6% | 4.1% |
| Banner Bank | $29,775,000 | $19,405,000 | -34.8% | 4.0% |
| Umpqua Bank | $20,520,000 | $16,350,000 | -20.3% | 3.4% |
| HomeStreet Bank | $16,180,000 | $10,880,000 | -32.8% | 2.2% |
| Unitus Community Credit Union | $8,270,000 | n/a | 1.7% | |
| LPMC, LLC | $11,470,000 | $7,910,000 | -31.0% | 1.6% |
| U.S. Bank | $11,830,000 | $7,855,000 | -33.6% | 1.6% |
| FIRST COMMUNITY | $13,500,000 | $7,590,000 | -43.8% | 1.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $8,000,000 | $7,385,000 | -7.7% | 1.5% |
| Mortgage Research Center, LLC | $5,475,000 | $7,260,000 | 32.6% | 1.5% |
| PENNYMAC LOAN SERVICES, LLC | $13,885,000 | $7,250,000 | -47.8% | 1.5% |
| GESA | $11,100,000 | $6,960,000 | -37.3% | 1.4% |
| Wells Fargo Bank | $8,500,000 | $6,870,000 | -19.2% | 1.4% |
| CALIBER HOME LOANS, INC. | $4,405,000 | $6,055,000 | 37.5% | 1.3% |
| LOANDEPOT.COM, LLC | $8,550,000 | $5,725,000 | -33.0% | 1.2% |
| FREEDOM MORTGAGE CORPORATION | $22,945,000 | $5,370,000 | -76.6% | 1.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $7,525,000 | $4,985,000 | -33.8% | 1.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,210,000 | $4,810,000 | 14.3% | 1.0% |
| SWBC MORTGAGE CORPORATION | $8,265,000 | $4,620,000 | -44.1% | 1.0% |
| Sierra Pacific Mortgage Company, Inc. | $10,225,000 | $4,320,000 | -57.8% | 0.9% |
| Flagstar Bank, FSB | $6,360,000 | $4,125,000 | -35.1% | 0.9% |
| MANN FINANCIAL INC. | $4,130,000 | $3,630,000 | -12.1% | 0.7% |
| HAPO COMMUNITY CREDIT UNION | $7,130,000 | $3,615,000 | -49.3% | 0.7% |
| Washington Federal Bank | $2,555,000 | $3,600,000 | 40.9% | 0.7% |
| AXIA FINANCIAL, LLC | $5,830,000 | $3,215,000 | -44.9% | 0.7% |
| FINANCE OF AMERICA MORTGAGE LLC | $3,275,000 | $2,905,000 | -11.3% | 0.6% |
| JPMorgan Chase Bank | $1,930,000 | $2,800,000 | 45.1% | 0.6% |
| NEWREZ LLC | $4,185,000 | $2,775,000 | -33.7% | 0.6% |
| CHURCHILL MORTGAGE CORPORATION | $2,295,000 | $2,735,000 | 19.2% | 0.6% |
| Northwest Farm Credit Services, FLCA | $3,135,000 | $2,585,000 | -17.5% | 0.5% |
| The Federal Savings Bank | $1,010,000 | $2,580,000 | 155.4% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $6,445,000 | $2,465,000 | -61.8% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $2,995,000 | $2,435,000 | -18.7% | 0.5% |
| FIRST TECHNOLOGY | $185,000 | $2,365,000 | 1,178.4% | 0.5% |
| BROKER SOLUTIONS, INC. | $2,910,000 | $2,245,000 | -22.9% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $4,885,000 | $2,185,000 | -55.3% | 0.5% |
| LAKEVIEW LOAN SERVICING, LLC | $8,060,000 | $2,150,000 | -73.3% | 0.4% |
| Baker Boyer National Bank | $2,545,000 | $2,125,000 | -16.5% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $815,000 | $2,065,000 | 153.4% | 0.4% |
| Nations Lending Corporation | $1,895,000 | $1,990,000 | 5.0% | 0.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $3,455,000 | $1,905,000 | -44.9% | 0.4% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $1,925,000 | $1,820,000 | -5.5% | 0.4% |
| Hometown Lenders, Inc. | $225,000 | $1,795,000 | 697.8% | 0.4% |
| Sunflower Bank | $1,780,000 | n/a | 0.4% | |
| Carrington Mortgage Services, LLC | $1,940,000 | $1,725,000 | -11.1% | 0.4% |
| OnPoint Community Credit Union | $1,000,000 | $1,725,000 | 72.5% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $1,645,000 | $1,650,000 | 0.3% | 0.3% |
| DIRECTORS MORTGAGE, INC. | $1,405,000 | $1,505,000 | 7.1% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $5,720,000 | $1,505,000 | -73.7% | 0.3% |
| NEW DAY FINANCIAL, LLC | $2,320,000 | $1,220,000 | -47.4% | 0.3% |
| First Guaranty Mortgage Corporation | $585,000 | $1,205,000 | 106.0% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $1,295,000 | $1,110,000 | -14.3% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $3,485,000 | $1,105,000 | -68.3% | 0.2% |
| USAA Federal Savings Bank | $2,020,000 | $1,080,000 | -46.5% | 0.2% |
| STEARNS LENDING, LLC | $10,835,000 | $1,055,000 | -90.3% | 0.2% |
| AMERICAN FINANCING CORPORATION | $1,845,000 | $1,050,000 | -43.1% | 0.2% |
| CHERRY CREEK MORTGAGE, LLC | $880,000 | $1,020,000 | 15.9% | 0.2% |
| 1st Security Bank of Washington | $1,760,000 | $955,000 | -45.7% | 0.2% |
| Rivermark Community Credit Union | $170,000 | $940,000 | 452.9% | 0.2% |
| DHI MORTGAGE COMPANY, LTD. | $920,000 | n/a | 0.2% | |
| NETWORK CAPITAL FUNDING CORPORATION | $390,000 | $880,000 | 125.6% | 0.2% |
| VERITAS FUNDING, LLC | $665,000 | $870,000 | 30.8% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $1,080,000 | $845,000 | -21.8% | 0.2% |
| LAND HOME FINANCIAL SERVICES, INC. | $715,000 | $845,000 | 18.2% | 0.2% |
| MOUNTAIN AMERICA | $825,000 | n/a | 0.2% | |
| MID AMERICA MORTGAGE, INC. | $1,460,000 | $815,000 | -44.2% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $3,845,000 | $815,000 | -78.8% | 0.2% |
| Bank of America | $565,000 | $800,000 | 41.6% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,225,000 | $795,000 | -64.3% | 0.2% |
| Chickasaw Community Bank | $780,000 | n/a | 0.2% | |
| M&T Bank | $255,000 | $780,000 | 205.9% | 0.2% |
| Wyndham Capital Mortgage, Inc. | $195,000 | $760,000 | 289.7% | 0.2% |
| SUMMIT FUNDING, INC. | $420,000 | $715,000 | 70.2% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,690,000 | $675,000 | -74.9% | 0.1% |
| Bank of the West | $415,000 | $665,000 | 60.2% | 0.1% |
| S1L, Inc. | $360,000 | $650,000 | 80.6% | 0.1% |
| Citadel Servicing Corporation | $640,000 | n/a | 0.1% | |
| ENVOY MORTGAGE, LTD | $215,000 | $610,000 | 183.7% | 0.1% |
| PANORAMA MORTGAGE GROUP, LLC | $600,000 | n/a | 0.1% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $480,000 | $595,000 | 24.0% | 0.1% |
| NFM, INC. | $315,000 | $550,000 | 74.6% | 0.1% |
| RANLIFE, INC. | $1,715,000 | $550,000 | -67.9% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $540,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $525,000 | n/a | 0.1% | |
| VILLAGE CAPITAL MORTGAGE | $1,750,000 | $525,000 | -70.0% | 0.1% |
| MORIA DEVELOPMENT, INC. | $185,000 | $520,000 | 181.1% | 0.1% |
| ADVANTIS | $625,000 | $515,000 | -17.6% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $525,000 | $515,000 | -1.9% | 0.1% |
| Discover Bank | $75,000 | $500,000 | 566.7% | 0.1% |
| GUARANTEED RATE, INC. | $780,000 | $485,000 | -37.8% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $945,000 | $460,000 | -51.3% | 0.1% |
| AmeriHome Mortgage Company, LLC | $1,015,000 | $460,000 | -54.7% | 0.1% |
| Dacotah Bank | $455,000 | n/a | 0.1% | |
| Figure Lending LLC | $430,000 | $455,000 | 5.8% | 0.1% |
| First National Bank of America | $450,000 | n/a | 0.1% | |
| KeyBank | $1,905,000 | $450,000 | -76.4% | 0.1% |
| NEXERA HOLDING LLC | $445,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $600,000 | $430,000 | -28.3% | 0.1% |
| SUMMIT MORTGAGE CORPORATION | $145,000 | $430,000 | 196.6% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $425,000 | n/a | 0.1% | |
| IDAHO CENTRAL | $305,000 | $425,000 | 39.3% | 0.1% |
| OREGON COMMUNITY | $2,135,000 | $415,000 | -80.6% | 0.1% |
| PNC Bank | $485,000 | $410,000 | -15.5% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $390,000 | n/a | 0.1% | |
| Colonial Savings, F.A. | $275,000 | $375,000 | 36.4% | 0.1% |
| SIRVA MORTGAGE, INC. | $355,000 | n/a | 0.1% | |
| AMERICAN INTERNET MORTGAGE, INC. | $325,000 | n/a | 0.1% | |
| EMM LOANS LLC | $325,000 | n/a | 0.1% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $940,000 | $320,000 | -66.0% | 0.1% |
| Magnolia Bank | $370,000 | $315,000 | -14.9% | 0.1% |
| SELCO COMMUNITY | $315,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $950,000 | $305,000 | -67.9% | 0.1% |
| Potlatch No. 1 Financial Credit Union | $295,000 | $305,000 | 3.4% | 0.1% |
| Willamette Valley Bank | $1,835,000 | $305,000 | -83.4% | 0.1% |
| PHH Mortgage Corporation | $570,000 | $300,000 | -47.4% | 0.1% |
| RESIDENTIAL BANCORP. | $295,000 | n/a | 0.1% | |
| SOFI LENDING CORP. | $215,000 | $295,000 | 37.2% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $620,000 | $295,000 | -52.4% | 0.1% |
| TruHome Solutions, LLC | $295,000 | n/a | 0.1% | |
| OPEN MORTGAGE, LLC | $285,000 | n/a | 0.1% | |
| LONGBRIDGE FINANCIAL, LLC | $350,000 | $280,000 | -20.0% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $1,060,000 | $275,000 | -74.1% | 0.1% |
| NBKC BANK | $510,000 | $275,000 | -46.1% | 0.1% |
| Watermark Capital, Inc. | $275,000 | n/a | 0.1% | |
| AMERICAN ADVISORS GROUP | $230,000 | $270,000 | 17.4% | 0.1% |
| Fortress Bank | $265,000 | n/a | 0.1% | |
| GSF Mortgage Corporation | $295,000 | $265,000 | -10.2% | 0.1% |
| PacWest Funding Inc. | $265,000 | n/a | 0.1% | |
| Bank of England | $155,000 | $255,000 | 64.5% | 0.1% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $550,000 | $255,000 | -53.6% | 0.1% |
| SPRING EQ, LLC | $125,000 | $255,000 | 104.0% | 0.1% |
| SPOKANE TEACHERS | $870,000 | $250,000 | -71.3% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $245,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $225,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $1,535,000 | $225,000 | -85.3% | 0.0% |
| Quontic Bank | $225,000 | n/a | 0.0% | |
| DIGNIFIED HOME LOANS, LLC | $215,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $1,300,000 | $215,000 | -83.5% | 0.0% |
| Low VA Rates, LLC | $1,080,000 | $205,000 | -81.0% | 0.0% |
| MORTGAGE EXPRESS, LLC | $225,000 | $195,000 | -13.3% | 0.0% |
| Texana Bank | $195,000 | n/a | 0.0% | |
| ALL REVERSE MORTGAGE, INC. | $185,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $185,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $175,000 | n/a | 0.0% | |
| Plains Commerce Bank | $175,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $165,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $145,000 | $155,000 | 6.9% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $155,000 | n/a | 0.0% | |
| Washington Trust Bank | $795,000 | $155,000 | -80.5% | 0.0% |
| ZILLOW HOME LOANS, LLC | $615,000 | $155,000 | -74.8% | 0.0% |
| FIBRE FEDERAL CREDIT UNION | $145,000 | n/a | 0.0% | |
| NUMERICA CREDIT UNION | $255,000 | $145,000 | -43.1% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $710,000 | $145,000 | -79.6% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $355,000 | $135,000 | -62.0% | 0.0% |
| ROGUE | $130,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $125,000 | n/a | 0.0% | |
| COLUMBIA COMMUNITY CREDIT UNION | $145,000 | $115,000 | -20.7% | 0.0% |
| iQ Credit Union | $650,000 | $105,000 | -83.8% | 0.0% |
| SOUND | $85,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $395,000 | $85,000 | -78.5% | 0.0% |
| Lakeview Community Capital, LLC | $75,000 | n/a | 0.0% | |
| Boeing Employees Credit Union | $65,000 | n/a | 0.0% | |
| First Western Trust Bank | $65,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| TWINSTAR | $45,000 | n/a | 0.0% | |
| Pacific NW Federal Credit Union | $35,000 | n/a | 0.0% | |
| HORIZON | $25,000 | n/a | 0.0% | |
| Mid Oregon Federal Credit Union | $15,000 | n/a | 0.0% |
Hermiston - Pendleton's top lender by overall market share is GUILD MORTGAGE COMPANY, with 10.9% market share. In second place, with 9.4%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $45,300,000 in loans. In third place, with 7.5%, is ACADEMY MORTGAGE CORPORATION, having originated $36,215,000 in loans. In fourth place, with 6.1%, is QUICKEN LOANS, LLC, having originated $29,740,000 in loans. In fifth place, with 5.6%, is CMG MORTGAGE, INC., having originated $27,140,000 in loans.
Hermiston - Pendleton Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Hermiston - Pendleton (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 | $202,975 (-3.3%) | $581,021 (-9.4%) | 0.00 | 178 |
| 2018-02-01 | $229,900 (22.7%) | $598,489 (-2.7%) | 0.00 | 177 |
| 2018-03-01 | $231,974 (21.0%) | $618,722 (-0.3%) | 0.00 | 185 |
| 2018-04-01 | $234,875 (18.0%) | $622,898 (-1.0%) | 0.00 | 186 |
| 2018-05-01 | $245,350 (9.7%) | $618,388 (-2.2%) | 0.00 | 194 |
| 2018-06-01 | $245,000 (15.3%) | $570,213 (-1.8%) | 0.00 | 213 |
| 2018-07-01 | $238,094 (13.9%) | $579,057 (-5.4%) | 0.00 | 206 |
| 2018-08-01 | $233,125 (13.7%) | $587,406 (-1.7%) | 0.00 | 200 |
| 2018-09-01 | $230,571 (15.9%) | $568,704 (-7.0%) | 0.00 | 210 |
| 2018-10-01 | $239,475 (20.6%) | $600,027 (-3.5%) | 0.00 | 190 |
| 2018-11-01 | $231,400 (17.8%) | $548,466 (-10.4%) | 0.00 | 193 |
| 2018-12-01 | $229,900 (5.7%) | $314,549 (-49.3%) | 0.00 | 169 |
| 2019-01-01 | $233,500 (15.0%) | $304,835 (-47.5%) | 0.00 | 158 |
| 2019-02-01 | $239,500 (4.2%) | $307,162 (-48.7%) | 0.00 | 157 |
| 2019-03-01 | $243,479 (5.0%) | $296,577 (-52.1%) | 0.00 | 158 |
| 2019-04-01 | $249,700 (6.3%) | $281,202 (-54.9%) | 0.00 | 156 |
| 2019-05-01 | $252,000 (2.7%) | $310,731 (-49.8%) | 0.00 | 160 |
| 2019-06-01 | $262,400 (7.1%) | $301,205 (-47.2%) | 0.00 | 192 |
| 2019-07-01 | $253,675 (6.5%) | $292,108 (-49.6%) | 0.00 | 213 |
| 2019-08-01 | $253,991 (9.0%) | $292,396 (-50.2%) | 0.00 | 207 |
| 2019-09-01 | $260,127 (12.8%) | $295,426 (-48.1%) | 0.00 | 204 |
| 2019-10-01 | $261,718 (9.3%) | $289,387 (-51.8%) | 0.00 | 198 |
| 2019-11-01 | $250,000 (8.0%) | $271,744 (-50.5%) | 0.00 | 183 |
| 2019-12-01 | $244,950 (6.6%) | $266,974 (-15.1%) | 0.00 | 181 |
| 2020-01-01 | $256,000 (9.6%) | $269,753 (-11.5%) | 0.00 | 165 |
| 2020-02-01 | $259,700 (8.4%) | $292,574 (-4.8%) | 0.00 | 160 |
| 2020-03-01 | $270,950 (11.3%) | $298,588 (0.7%) | 0.00 | 151 |
| 2020-04-01 | $279,987 (12.1%) | $303,328 (7.9%) | 0.00 | 151 |
| 2020-05-01 | $282,499 (12.1%) | $301,420 (-3.0%) | 0.00 | 146 |
| 2020-06-01 | $287,225 (9.5%) | $480,476 (59.5%) | 0.00 | 133 |
| 2020-07-01 | $285,000 (12.4%) | $517,018 (77.0%) | 0.00 | 121 |
| 2020-08-01 | $282,450 (11.2%) | $532,782 (82.2%) | 0.00 | 109 |
| 2020-09-01 | $280,000 (7.6%) | $545,551 (84.7%) | 0.00 | 103 |
| 2020-10-01 | $274,900 (5.0%) | $525,361 (81.5%) | 0.00 | 107 |
| 2020-11-01 | $283,950 (13.6%) | $546,672 (101.2%) | 0.00 | 87 |
| 2020-12-01 | $304,925 (24.5%) | $626,455 (134.7%) | 0.00 | 62 |
| 2021-01-01 | $284,903 (11.3%) | $635,058 (135.4%) | 0.00 | 58 |
| 2021-02-01 | $292,425 (12.6%) | $681,395 (132.9%) | 0.00 | 53 |
| 2021-03-01 | $304,713 (12.5%) | $621,630 (108.2%) | 0.00 | 63 |
| 2021-04-01 | $326,450 (16.6%) | $633,158 (108.7%) | 0.00 | 65 |
| 2021-05-01 | $337,250 (19.4%) | $666,948 (121.3%) | 0.00 | 67 |
| 2021-06-01 | $302,450 (5.3%) | $674,042 (40.3%) | 0.00 | 70 |
| 2021-07-01 | $309,000 (8.4%) | $388,051 (-24.9%) | 0.00 | 68 |
| 2021-08-01 | $309,950 (9.7%) | $680,158 (27.7%) | 0.00 | 79 |
| 2021-09-01 | $300,000 (7.1%) | $598,832 (9.8%) | 0.00 | 106 |
| 2021-10-01 | $317,000 (15.3%) | $568,739 (8.3%) | 0.00 | 109 |
| 2021-11-01 | $338,232 (19.1%) | $584,723 (7.0%) | 0.00 | 110 |
| 2021-12-01 | $354,250 (16.2%) | $619,605 (-1.1%) | 0.00 | 98 |
| 2022-01-01 | $349,000 (22.5%) | $611,855 (-3.7%) | 0.00 | 97 |
| 2022-02-01 | $352,204 (20.4%) | $616,982 (-9.5%) | 0.00 | 94 |
| 2022-03-01 | $362,500 (19.0%) | $611,029 (-1.7%) | 0.00 | 105 |
| 2022-04-01 | $367,500 (12.6%) | $637,055 (0.6%) | 0.00 | 100 |
| 2022-05-01 | $359,423 (6.6%) | $643,526 (-3.5%) | 0.00 | 103 |
| 2022-06-01 | $358,445 (18.5%) | $606,732 (-10.0%) | 0.00 | 121 |
| 2022-07-01 | $359,900 (16.5%) | $562,246 (44.9%) | 0.00 | 161 |
| 2022-08-01 | $349,750 (12.8%) | $520,590 (-23.5%) | 0.00 | 181 |
| 2022-09-01 | $347,425 (15.8%) | $450,399 (-24.8%) | 0.00 | 177 |
| 2022-10-01 | $329,975 (4.1%) | $439,843 (-22.7%) | 0.00 | 185 |
| 2022-11-01 | $333,975 (-1.3%) | $418,548 (-28.4%) | 0.00 | 194 |
| 2022-12-01 | $329,000 (-7.1%) | $401,849 (-35.1%) | 0.00 | 194 |
| 2023-01-01 | $329,475 (-5.6%) | $413,675 (-32.4%) | 0.00 | 174 |
| 2023-02-01 | $331,975 (-5.7%) | $422,963 (-31.5%) | 0.00 | 161 |
Hermiston - Pendleton's median listing price comes in at 0% of the national average.
Hermiston - Pendleton's average listing price for 2023-02-01 was $422,963, a difference of $-194,019 (-31.5%) versus the prior year and $9,288 versus the prior month.
For the 2023-02-01 period, Hermiston - Pendleton had 161 MLS listings, a difference of -13 listings (-7%) versus the prior month and 67 listings (71%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Hermiston - Pendleton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,759 sqft |
| 2018-02-01 | 0 days | 1,806 sqft |
| 2018-03-01 | 0 days | 1,833 sqft |
| 2018-04-01 | 0 days | 1,907 sqft |
| 2018-05-01 | 0 days | 1,983 sqft |
| 2018-06-01 | 0 days | 1,979 sqft |
| 2018-07-01 | 0 days | 1,905 sqft |
| 2018-08-01 | 0 days | 1,850 sqft |
| 2018-09-01 | 0 days | 1,891 sqft |
| 2018-10-01 | 0 days | 1,927 sqft |
| 2018-11-01 | 0 days | 1,861 sqft |
| 2018-12-01 | 0 days | 1,882 sqft |
| 2019-01-01 | 0 days | 1,907 sqft |
| 2019-02-01 | 0 days | 1,904 sqft |
| 2019-03-01 | 0 days | 1,925 sqft |
| 2019-04-01 | 0 days | 1,974 sqft |
| 2019-05-01 | 0 days | 1,944 sqft |
| 2019-06-01 | 0 days | 1,955 sqft |
| 2019-07-01 | 0 days | 1,955 sqft |
| 2019-08-01 | 0 days | 1,958 sqft |
| 2019-09-01 | 0 days | 1,956 sqft |
| 2019-10-01 | 0 days | 1,947 sqft |
| 2019-11-01 | 0 days | 1,936 sqft |
| 2019-12-01 | 0 days | 1,871 sqft |
| 2020-01-01 | 0 days | 1,865 sqft |
| 2020-02-01 | 0 days | 1,871 sqft |
| 2020-03-01 | 0 days | 1,954 sqft |
| 2020-04-01 | 0 days | 1,988 sqft |
| 2020-05-01 | 0 days | 2,035 sqft |
| 2020-06-01 | 0 days | 2,034 sqft |
| 2020-07-01 | 0 days | 2,035 sqft |
| 2020-08-01 | 0 days | 1,954 sqft |
| 2020-09-01 | 0 days | 1,857 sqft |
| 2020-10-01 | 0 days | 1,861 sqft |
| 2020-11-01 | 0 days | 1,836 sqft |
| 2020-12-01 | 0 days | 1,880 sqft |
| 2021-01-01 | 0 days | 1,878 sqft |
| 2021-02-01 | 0 days | 1,866 sqft |
| 2021-03-01 | 0 days | 1,849 sqft |
| 2021-04-01 | 0 days | 1,789 sqft |
| 2021-05-01 | 0 days | 1,779 sqft |
| 2021-06-01 | 0 days | 1,763 sqft |
| 2021-07-01 | 0 days | 1,754 sqft |
| 2021-08-01 | 0 days | 1,725 sqft |
| 2021-09-01 | 0 days | 1,719 sqft |
| 2021-10-01 | 0 days | 1,836 sqft |
| 2021-11-01 | 0 days | 1,867 sqft |
| 2021-12-01 | 0 days | 1,858 sqft |
| 2022-01-01 | 0 days | 1,868 sqft |
| 2022-02-01 | 0 days | 1,841 sqft |
| 2022-03-01 | 0 days | 1,817 sqft |
| 2022-04-01 | 0 days | 1,886 sqft |
| 2022-05-01 | 0 days | 1,848 sqft |
| 2022-06-01 | 0 days | 1,810 sqft |
| 2022-07-01 | 0 days | 1,840 sqft |
| 2022-08-01 | 0 days | 1,799 sqft |
| 2022-09-01 | 0 days | 1,731 sqft |
| 2022-10-01 | 0 days | 1,640 sqft |
| 2022-11-01 | 0 days | 1,680 sqft |
| 2022-12-01 | 0 days | 1,640 sqft |
| 2023-01-01 | 0 days | 1,640 sqft |
| 2023-02-01 | 0 days | 1,643 sqft |
Hermiston - Pendleton's median square footage for active listings during the 2023-02-01 period was 1,643 sqft. One year prior, the average listing was 1,841 sqft.
Hermiston-Pendleton, OR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,068 | $319,220,000 | $298,895 |
| Cash Out Refi | 488 | $107,730,000 | $220,758 |
| Refi | 185 | $37,015,000 | $200,081 |
| Home Improvement | 142 | $12,930,000 | $91,056 |
| Other | 85 | $7,395,000 | $87,000 |
Hermiston - Pendleton's most frequently cited loan purpose was Home Purchase, with 1,068 originations. The 2nd most popular reason was Cash Out Refi, with 488 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 524 | $143,240,000 | $273,359 |
| 4-5% | 475 | $123,735,000 | $260,495 |
| 5-6% | 452 | $111,560,000 | $246,814 |
| 6-7% | 232 | $55,630,000 | $239,784 |
| 2.5-3% | 148 | $28,340,000 | $191,486 |
| 7-8% | 70 | $12,670,000 | $181,000 |
| Over 8% | 33 | $3,325,000 | $100,758 |
| <2.5% | 33 | $5,775,000 | $175,000 |
During 2022, Hermiston - Pendleton's most frequently originated rate bucket was 3-4%, with 524 originations.
Loan Sizing (Hermiston-Pendleton, OR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,032 | $289,400,000 | $280,426 |
| $100k-200k | 546 | $84,370,000 | $154,524 |
| $100,000 or less | 246 | $13,740,000 | $55,854 |
| $400k-600k | 124 | $58,700,000 | $473,387 |
| $600k-1000k | 15 | $10,285,000 | $685,667 |
| $Over $1MM | 5 | $27,795,000 | $5,559,000 |
Hermiston - Pendleton's loan sizing saw the bucket of loans from $200k-400k with 1,032 originations, totaling $289,400,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 837 | $242,155,000 | $289,313 |
| 60-80% | 538 | $141,370,000 | $262,770 |
| 40-60% | 241 | $43,755,000 | $181,556 |
| 20-40% | 150 | $18,680,000 | $124,533 |
| Under 20% | 145 | $6,645,000 | $45,828 |
| Over 100% | 40 | $29,300,000 | $732,500 |
Hermiston - Pendleton's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 837 originations, totaling $242,155,000 in origination value.