Hermiston - Pendleton Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Hermiston - Pendleton averaged 7.13% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 7.01% and one month ago for the week of 2024-03-14, the average rate was 6.57%.

    Hermiston - Pendleton's average rate one year ago was 6.1%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.5%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Hermiston - Pendleton 30 Year Fixed Rate 2024-04-18 7.13%
    Hermiston - Pendleton 30 Year Fixed Rate Refi 2024-04-18 7.5%
    Hermiston - Pendleton 15 Year Fixed Rate 2024-04-18 6.39%
    Hermiston - Pendleton 15 Year Fixed Rate Refi 2024-04-18 6.69%
    Hermiston - Pendleton 30 Year FHA 2024-04-18 6.57%
    Hermiston - Pendleton 30 Year FHA Refi 2024-04-18 6.96%
    Hermiston - Pendleton 30 Year USDA 2024-04-18 6.96%
    Hermiston - Pendleton 30 Year USDA Refi 2024-04-18 6.66%
    Hermiston - Pendleton 30 Year VA 2024-04-18 6.83%
    Hermiston - Pendleton 30 Year VA Refi 2024-04-18 6.76%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Hermiston-Pendleton, OR.

    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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 60 6.83% $7,810
    AMERICAN PACIFIC MORTGAGE CORPORATION 42 6.73% $9,066
    CMG MORTGAGE, INC. 42 6.85% $7,824
    ACADEMY MORTGAGE CORPORATION 40 6.80% $8,162
    QUICKEN LOANS, LLC 26 6.74% $8,497
    Banner Bank 15 6.46% $6,138
    UNITED WHOLESALE MORTGAGE, LLC 13 6.50% $9,637
    CHURCHILL MORTGAGE CORPORATION 12 6.89% $7,753
    LPMC, LLC 11 7.01% $7,794
    Umpqua Bank 10 6.76% $7,544
    FIRST COMMUNITY 9 6.79% $4,934
    AXIA FINANCIAL, LLC 8 6.75% $8,898
    Sierra Pacific Mortgage Company, Inc. 8 6.45% $8,878
    Century Mortgage Company DBA Century Lending Company 7 6.70% $4,216
    PREMIER MORTGAGE RESOURCES, L.L.C. 7 6.55% $7,474
    U.S. Bank 6 6.73% $4,096
    Flagstar Bank, FSB 5 7.23% $7,782
    Northwest Farm Credit Services, FLCA 5 7.12% $7,180
    FREEDOM MORTGAGE CORPORATION 4 7.19% $8,921
    LOANDEPOT.COM, LLC 4 7.00% $7,271
    HAPO COMMUNITY CREDIT UNION 4 6.81% $6,012
    HomeStreet Bank 4 6.63% $5,814
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.96% $5,598
    MUTUAL OF OMAHA MORTGAGE, INC. 3 6.71% $6,141
    Washington Federal Bank 3 7.29% $7,030
    Mr. Cooper ( Nationstar Mortgage ) 3 6.04% $10,980
    GESA 3 7.67% $4,687
    NATIONS DIRECT MORTGAGE, LLC 3 6.83% $6,095
    1st Security Bank of Washington 2 6.50% $4,598
    AMERISAVE MORTGAGE CORPORATION 2 6.63% $4,416
    Baker Boyer National Bank 2 6.99% $7,578
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 2 5.93% $6,392
    First National Bank of America 2 9.38% $11,496
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 5.94% $5,432
    JPMorgan Chase Bank 2 7.50% $2,891
    MANN FINANCIAL INC. 2 7.19% $6,261
    MORTGAGE EXPRESS, LLC 2 6.56% $7,919
    OnPoint Community Credit Union 2 6.75% $4,787
    Paramount Residential Mortgage Group, Inc. 2 6.50% $9,114
    PENNYMAC LOAN SERVICES, LLC 2 7.44% $6,081
    SPOKANE TEACHERS 2 7.38% $4,834
    Wells Fargo Bank 2 8.00% $4,600
    LOANPAL, LLC 1 6.63% $11,151
    Loan Simple, Inc. 1 6.62% $8,464
    COLUMBIA COMMUNITY CREDIT UNION 1 5.63% $2,976
    AMERICAN FINANCING CORPORATION 1 6.63% $6,496
    MASON MCDUFFIE MORTGAGE CORPORATION 1 7.38% $7,505
    Unitus Community Credit Union 1 7.75% $10,849
    MOVEMENT MORTGAGE, LLC 1 6.63% $9,186
    Citadel Servicing Corporation 1 7.63% $10,656
    Carrington Mortgage Services, LLC 1 5.75% $8,743
    CANOPY MORTGAGE, LLC 1 6.13% $11,579
    NAVY FEDERAL CREDIT UNION 1 5.75% $3,864
    NEWREZ LLC 1 7.50% $10,132
    NexBank 1 7.38% $10,548
    CALIBER HOME LOANS, INC. 1 6.13% $8,065
    Ally Bank 1 6.25% $9,373
    Pacific NW Federal Credit Union 1 7.25% $3,029
    ADVANTIS 1 6.25% $2,573
    ZILLOW HOME LOANS, LLC 1 6.63% $4,678
    Potlatch No. 1 Financial Credit Union 1 6.25% $3,419
    BETTER MORTGAGE CORPORATION 1 6.50% $8,414
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.63% $3,988
    PRIORITY HOME LENDING, LLC 1 6.63% $5,054
    Bank of the West 1 7.75% $5,856
    Rivermark Community Credit Union 1 6.50% $3,988
    SAMMAMISH MORTGAGE COMPANY 1 6.00% $5,508
    SECURITYNATIONAL MORTGAGE COMPANY 1 7.63% $4,563
    Bank of Idaho 1 7.16% $11,617
    Willamette Valley Bank 1 6.50% $8,692
    Sunflower Bank 1 6.49% $2,219
    The Huntington National Bank 1 6.25% $3,979
    The Loan Store, Inc. 1 7.13% $11,996
    TRIAD FINANCIAL SERVICES, INC. 1 7.50% $4,698
    GUARANTEED RATE, INC. 1 6.13% $3,271
    FIRST COLONY MORTGAGE CORPORATION 1 6.88% $5,623
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.62% $10,277
    CROSSCOUNTRY MORTGAGE, LLC 1 6.95% $4,857
    HOMEXPRESS MORTGAGE CORP. 1 8.38% $17,272
    iQ Credit Union 1 6.88% $2,771
    UNION HOME MORTGAGE CORP. 1 6.75% $11,540
    LEADERONE FINANCIAL CORPORATION 1 5.88% $9,571
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.88% $4,087

    Hermiston - Pendleton Average Closing Costs & Other Stats

    Hermiston-Pendleton, OR's 83 lenders originated 1,355 loans during 2023. The total origination value was $303,995,000, with an average loan value of $224,351.

    Hermiston - Pendleton's average closing costs are $6,446.

    The top Hermiston - Pendleton lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 60 loans originated. Their average total fees are $7,810, which is $1,256 lower than the next largest lender, AMERICAN PACIFIC MORTGAGE CORPORATION.

    The lowest fee Hermiston - Pendleton lenders (with over 10 loans originated) are Banner Bank ($6,138), Umpqua Bank ($7,544), CHURCHILL MORTGAGE CORPORATION ($7,753), LPMC, LLC ($7,794) and GUILD MORTGAGE COMPANY ($7,810).

    The lowest rate Hermiston - Pendleton lenders (with over 10 loans originated) are Banner Bank (6.46%), UNITED WHOLESALE MORTGAGE, LLC (6.50%), AMERICAN PACIFIC MORTGAGE CORPORATION (6.73%), QUICKEN LOANS, LLC (6.74%) and Umpqua Bank (6.76%).

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    GUILD MORTGAGE COMPANY $52,855,000 $40,315,000 -23.7% 13.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $45,300,000 $29,775,000 -34.3% 9.8%
    CMG MORTGAGE, INC. $27,140,000 $27,120,000 -0.1% 8.9%
    ACADEMY MORTGAGE CORPORATION $36,215,000 $26,125,000 -27.9% 8.6%
    QUICKEN LOANS, LLC $29,740,000 $17,135,000 -42.4% 5.6%
    Banner Bank $19,405,000 $12,620,000 -35.0% 4.2%
    Umpqua Bank $16,350,000 $11,800,000 -27.8% 3.9%
    AXIA FINANCIAL, LLC $3,215,000 $9,980,000 210.4% 3.3%
    UNITED WHOLESALE MORTGAGE, LLC $7,385,000 $8,130,000 10.1% 2.7%
    CHURCHILL MORTGAGE CORPORATION $2,735,000 $7,590,000 177.5% 2.5%
    FIRST COMMUNITY $7,590,000 $7,065,000 -6.9% 2.3%
    Mortgage Research Center, LLC $7,260,000 $6,030,000 -16.9% 2.0%
    LPMC, LLC $7,910,000 $5,620,000 -29.0% 1.8%
    U.S. Bank $7,855,000 $3,835,000 -51.2% 1.3%
    Century Mortgage Company DBA Century Lending Company $540,000 $3,815,000 606.5% 1.3%
    NATIONS DIRECT MORTGAGE, LLC $1,105,000 $3,795,000 243.4% 1.2%
    HomeStreet Bank $10,880,000 $3,770,000 -65.3% 1.2%
    PREMIER MORTGAGE RESOURCES, L.L.C. $4,985,000 $3,560,000 -28.6% 1.2%
    FREEDOM MORTGAGE CORPORATION $5,370,000 $3,305,000 -38.5% 1.1%
    GESA $6,960,000 $3,155,000 -54.7% 1.0%
    Sierra Pacific Mortgage Company, Inc. $4,320,000 $3,025,000 -30.0% 1.0%
    LOANDEPOT.COM, LLC $5,725,000 $3,020,000 -47.2% 1.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,810,000 $2,375,000 -50.6% 0.8%
    HAPO COMMUNITY CREDIT UNION $3,615,000 $2,070,000 -42.7% 0.7%
    Northwest Farm Credit Services, FLCA $2,585,000 $1,830,000 -29.2% 0.6%
    Washington Federal Bank $3,600,000 $1,640,000 -54.4% 0.5%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $1,505,000 $1,585,000 5.3% 0.5%
    Flagstar Bank, FSB $4,125,000 $1,540,000 -62.7% 0.5%
    CARDINAL FINANCIAL $1,905,000 $1,515,000 -20.5% 0.5%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $1,820,000 $1,495,000 -17.9% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $2,465,000 $1,370,000 -44.4% 0.5%
    AMERISAVE MORTGAGE CORPORATION $2,185,000 $1,205,000 -44.9% 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $2,065,000 $1,180,000 -42.9% 0.4%
    NEW DAY FINANCIAL, LLC $1,220,000 $1,130,000 -7.4% 0.4%
    PENNYMAC LOAN SERVICES, LLC $7,250,000 $1,100,000 -84.8% 0.4%
    Baker Boyer National Bank $2,125,000 $1,095,000 -48.5% 0.4%
    Paramount Residential Mortgage Group, Inc. $145,000 $1,025,000 606.9% 0.3%
    Carrington Mortgage Services, LLC $1,725,000 $1,015,000 -41.2% 0.3%
    NAVY FEDERAL CREDIT UNION $2,435,000 $985,000 -59.5% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $460,000 $925,000 101.1% 0.3%
    JPMorgan Chase Bank $2,800,000 $910,000 -67.5% 0.3%
    Wells Fargo Bank $6,870,000 $880,000 -87.2% 0.3%
    NEWREZ LLC $2,775,000 $865,000 -68.8% 0.3%
    LEADERONE FINANCIAL CORPORATION $835,000 n/a 0.3%
    Bank of Idaho $825,000 n/a 0.3%
    The Federal Savings Bank $2,580,000 $805,000 -68.8% 0.3%
    USAA Federal Savings Bank $1,080,000 $800,000 -25.9% 0.3%
    Bank of America $800,000 $780,000 -2.5% 0.3%
    SPOKANE TEACHERS $250,000 $765,000 206.0% 0.3%
    CANOPY MORTGAGE, LLC $750,000 n/a 0.2%
    MORTGAGE EXPRESS, LLC $195,000 $750,000 284.6% 0.2%
    Bank of Eastern Oregon $725,000 n/a 0.2%
    IDAHO CENTRAL $425,000 $700,000 64.7% 0.2%
    Equity Prime Mortgage LLC $635,000 n/a 0.2%
    OnPoint Community Credit Union $1,725,000 $625,000 -63.8% 0.2%
    HOMEXPRESS MORTGAGE CORP. $275,000 $615,000 123.6% 0.2%
    LOANPAL, LLC $610,000 n/a 0.2%
    Cornerstone First Mortgage, Inc $600,000 n/a 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $560,000 n/a 0.2%
    Franklin Loan Corporation $560,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $1,110,000 $550,000 -50.5% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $795,000 $530,000 -33.3% 0.2%
    BROKER SOLUTIONS, INC. $2,245,000 $525,000 -76.6% 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $515,000 $525,000 1.9% 0.2%
    Northpointe Bank $505,000 n/a 0.2%
    Discover Bank $500,000 $500,000 0.0% 0.2%
    PANORAMA MORTGAGE GROUP, LLC $600,000 $495,000 -17.5% 0.2%
    TRIAD FINANCIAL SERVICES, INC. $85,000 $495,000 482.4% 0.2%
    First National Bank of America $450,000 $490,000 8.9% 0.2%
    SUMMIT FUNDING, INC. $715,000 $485,000 -32.2% 0.2%
    Loan Simple, Inc. $215,000 $460,000 114.0% 0.2%
    Community First Bank $455,000 n/a 0.1%
    VERITAS FUNDING, LLC $870,000 $440,000 -49.4% 0.1%
    GUARANTEED RATE, INC. $485,000 $425,000 -12.4% 0.1%
    PNC Bank $410,000 $425,000 3.7% 0.1%
    FINANCE OF AMERICA REVERSE LLC $415,000 n/a 0.1%
    1st Security Bank of Washington $955,000 $410,000 -57.1% 0.1%
    Citadel Servicing Corporation $640,000 $400,000 -37.5% 0.1%
    Prosperity Home Mortgage, LLC $400,000 n/a 0.1%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $395,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $815,000 $390,000 -52.1% 0.1%
    MOUNTAIN AMERICA $825,000 $390,000 -52.7% 0.1%
    Zions Bank $385,000 n/a 0.1%
    Heritage Bank $375,000 n/a 0.1%
    NexBank $375,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $1,050,000 $370,000 -64.8% 0.1%
    PLAZA HOME MORTGAGE, INC. $355,000 n/a 0.1%
    MANN FINANCIAL INC. $3,630,000 $350,000 -90.4% 0.1%
    TOP FLITE FINANCIAL, INC. $350,000 n/a 0.1%
    Sunflower Bank $1,780,000 $340,000 -80.9% 0.1%
    HighTechLending Inc $330,000 n/a 0.1%
    iQ Credit Union $105,000 $310,000 195.2% 0.1%
    ADVANTIS $515,000 $305,000 -40.8% 0.1%
    ON Q FINANCIAL, INC. $305,000 n/a 0.1%
    Unitus Community Credit Union $8,270,000 $300,000 -96.4% 0.1%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $295,000 n/a 0.1%
    Figure Lending LLC $455,000 $295,000 -35.2% 0.1%
    MASON MCDUFFIE MORTGAGE CORPORATION $295,000 n/a 0.1%
    SECURITYNATIONAL MORTGAGE COMPANY $165,000 $295,000 78.8% 0.1%
    The Loan Store, Inc. $295,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $155,000 $295,000 90.3% 0.1%
    COLUMBIA COMMUNITY CREDIT UNION $115,000 $285,000 147.8% 0.1%
    UNION HOME MORTGAGE CORP. $275,000 n/a 0.1%
    NETWORK CAPITAL FUNDING CORPORATION $880,000 $270,000 -69.3% 0.1%
    PacWest Funding Inc. $265,000 $270,000 1.9% 0.1%
    Ally Bank $265,000 n/a 0.1%
    MORIA DEVELOPMENT, INC. $520,000 $255,000 -51.0% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $675,000 $255,000 -62.2% 0.1%
    PRIORITY HOME LENDING, LLC $255,000 n/a 0.1%
    DIRECTORS MORTGAGE, INC. $1,505,000 $245,000 -83.7% 0.1%
    Rivermark Community Credit Union $940,000 $245,000 -73.9% 0.1%
    The Huntington National Bank $245,000 n/a 0.1%
    HomeTrust Bank $240,000 n/a 0.1%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $225,000 n/a 0.1%
    RANLIFE, INC. $550,000 $225,000 -59.1% 0.1%
    FIRST COLONY MORTGAGE CORPORATION $425,000 $205,000 -51.8% 0.1%
    Oregon Pacific Banking Company $205,000 n/a 0.1%
    SAMMAMISH MORTGAGE COMPANY $205,000 n/a 0.1%
    Lakeview Community Capital, LLC $75,000 $195,000 160.0% 0.1%
    Pacific NW Federal Credit Union $35,000 $195,000 457.1% 0.1%
    BETTER MORTGAGE CORPORATION $185,000 n/a 0.1%
    CALIBER HOME LOANS, INC. $6,055,000 $175,000 -97.1% 0.1%
    EVERETT FINANCIAL, INC. $165,000 n/a 0.1%
    SPRING EQ, LLC $255,000 $160,000 -37.3% 0.1%
    LONGBRIDGE FINANCIAL, LLC $280,000 $155,000 -44.6% 0.1%
    Potlatch No. 1 Financial Credit Union $305,000 $155,000 -49.2% 0.1%
    RF Renovo Management Company, LLC $145,000 n/a 0.0%
    Coastal Community Bank $135,000 n/a 0.0%
    Willamette Valley Bank $305,000 $135,000 -55.7% 0.0%
    KeyBank $450,000 $110,000 -75.6% 0.0%
    Bank of the West $665,000 $105,000 -84.2% 0.0%
    Consolidated Federal Credit Union $105,000 n/a 0.0%
    OREGON COMMUNITY $415,000 $105,000 -74.7% 0.0%
    BMO Harris Bank $100,000 n/a 0.0%
    Mid Oregon Federal Credit Union $15,000 $75,000 400.0% 0.0%
    LAKEVIEW LOAN SERVICING, LLC $2,150,000 $65,000 -97.0% 0.0%
    TWINSTAR $45,000 $65,000 44.4% 0.0%
    ALLIANT CREDIT UNION $175,000 $55,000 -68.6% 0.0%
    FIBRE FEDERAL CREDIT UNION $145,000 $55,000 -62.1% 0.0%
    HORIZON $25,000 $55,000 120.0% 0.0%
    PHH Mortgage Corporation $300,000 $55,000 -81.7% 0.0%
    21ST MORTGAGE CORPORATION $155,000 $45,000 -71.0% 0.0%
    America's Credit Union $35,000 n/a 0.0%
    RED CANOE CREDIT UNION $25,000 n/a 0.0%

    Hermiston - Pendleton's top lender by overall market share is GUILD MORTGAGE COMPANY, with 13.3% market share. In second place, with 9.8%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $29,775,000 in loans. In third place, with 8.9%, is CMG MORTGAGE, INC., having originated $27,120,000 in loans. In fourth place, with 8.6%, is ACADEMY MORTGAGE CORPORATION, having originated $26,125,000 in loans. In fifth place, with 5.6%, is QUICKEN LOANS, LLC, having originated $17,135,000 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%) $580,224 (-9.6%) 0.00 179
    2018-02-01 $229,900 (22.7%) $598,489 (-2.7%) 0.00 178
    2018-03-01 $231,974 (21.0%) $618,722 (-0.3%) 0.00 186
    2018-04-01 $234,875 (18.0%) $622,898 (-1.0%) 0.00 187
    2018-05-01 $245,350 (9.7%) $618,388 (-2.2%) 0.00 195
    2018-06-01 $245,000 (15.3%) $570,213 (-1.8%) 0.00 214
    2018-07-01 $238,094 (13.9%) $579,057 (-5.4%) 0.00 207
    2018-08-01 $233,125 (13.7%) $587,406 (-1.7%) 0.00 201
    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 $243,286 (4.9%) $296,473 (-52.1%) 0.00 159
    2019-04-01 $249,475 (6.2%) $281,098 (-54.9%) 0.00 157
    2019-05-01 $252,000 (2.7%) $311,914 (-49.6%) 0.00 161
    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%) 0.00 214
    2019-08-01 $253,991 (9.0%) $292,396 (-50.2%) 0.00 208
    2019-09-01 $260,127 (12.8%) $295,426 (-48.1%) 0.00 205
    2019-10-01 $261,718 (9.3%) $289,387 (-51.8%) 0.00 199
    2019-11-01 $250,000 (8.0%) $271,744 (-50.5%) 0.00 184
    2019-12-01 $244,950 (6.6%) $266,974 (-15.1%) 0.00 182
    2020-01-01 $256,000 (9.6%) $269,753 (-11.5%) 0.00 166
    2020-02-01 $259,700 (8.4%) $292,574 (-4.8%) 0.00 161
    2020-03-01 $270,950 (11.4%) $298,588 (0.7%) 0.00 151
    2020-04-01 $279,987 (12.2%) $303,328 (7.9%) 0.00 151
    2020-05-01 $282,499 (12.1%) $301,420 (-3.4%) 0.00 146
    2020-06-01 $287,225 (9.5%) $481,059 (59.7%) 0.00 133
    2020-07-01 $285,000 (12.4%) $517,018 (77.0%) 0.00 121
    2020-08-01 $280,000 (10.2%) $532,782 (82.2%) 0.00 110
    2020-09-01 $277,500 (6.7%) $542,032 (83.5%) 0.00 104
    2020-10-01 $274,900 (5.0%) $522,222 (80.5%) 0.00 108
    2020-11-01 $283,200 (13.3%) $542,566 (99.7%) 0.00 88
    2020-12-01 $304,913 (24.5%) $620,206 (132.3%) 0.00 63
    2021-01-01 $284,903 (11.3%) $635,058 (135.4%) 0.00 58
    2021-02-01 $291,200 (12.1%) $679,583 (132.3%) 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 (40.1%) 0.00 70
    2021-07-01 $309,000 (8.4%) $388,051 (-24.9%) 0.00 68
    2021-08-01 $307,450 (9.8%) $674,695 (26.6%) 0.00 80
    2021-09-01 $300,000 (8.1%) $595,142 (9.8%) 0.00 107
    2021-10-01 $317,000 (15.3%) $565,480 (8.3%) 0.00 109
    2021-11-01 $337,232 (19.1%) $584,723 (7.8%) 0.00 110
    2021-12-01 $354,250 (16.2%) $619,605 (-0.1%) 0.00 98
    2022-01-01 $349,000 (22.5%) $611,855 (-3.7%) 0.00 97
    2022-02-01 $352,204 (21.0%) $616,982 (-9.2%) 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 $361,079 (7.1%) $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 (13.8%) $520,590 (-22.8%) 0.00 181
    2022-09-01 $349,675 (16.6%) $450,399 (-24.3%) 0.00 177
    2022-10-01 $329,975 (4.1%) $439,843 (-22.2%) 0.00 185
    2022-11-01 $333,975 (-1.0%) $418,548 (-28.4%) 0.00 194
    2022-12-01 $329,000 (-7.1%) $401,849 (-35.1%) 0.00 194
    2023-01-01 $329,725 (-5.5%) $413,640 (-32.4%) 0.00 174
    2023-02-01 $332,000 (-5.7%) $422,615 (-31.5%) 0.00 161
    2023-03-01 $334,790 (-7.6%) $428,596 (-29.9%) 0.00 160
    2023-04-01 $352,500 (-4.1%) $434,585 (-31.8%) 0.00 169
    2023-05-01 $355,000 (-1.7%) $418,610 (-35.0%) 0.00 196
    2023-06-01 $364,725 (1.8%) $430,661 (-29.0%) 0.00 184
    2023-07-01 $363,950 (1.1%) $429,246 (-23.7%) 0.00 193
    2023-08-01 $368,961 (5.5%) $431,820 (-17.1%) 0.00 205
    2023-09-01 $359,975 (3.0%) $425,626 (-5.5%) 0.00 221
    2023-10-01 $352,450 (6.8%) $417,809 (-5.0%) 0.00 212
    2023-11-01 $349,950 (4.8%) $406,464 (-2.9%) 0.00 215
    2023-12-01 $350,000 (6.4%) $410,112 (2.1%) 0.00 226
    2024-01-01 $346,000 (4.9%) $399,592 (-3.4%) 0.00 206
    2024-02-01 $354,937 (6.9%) $408,990 (-3.2%) 0.00 177
    2024-03-01 $350,000 (4.5%) $403,422 (-5.9%) 0.00 168
    Hermiston - Pendleton's median listing price for 2024-03-01 was $350,000, a difference of $15,210 (4.5%) versus the prior year and $-4,937 versus the prior month.

    Hermiston - Pendleton's median listing price comes in at 0% of the national average.

    Hermiston - Pendleton's average listing price for 2024-03-01 was $403,422, a difference of $-25,174 (-5.9%) versus the prior year and $-5,568 versus the prior month.

    For the 2024-03-01 period, Hermiston - Pendleton had 168 MLS listings, a difference of -9 listings (-5%) versus the prior month and 8 listings (5%) 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 1,920 sqft
    2019-04-01 0 days 1,968 sqft
    2019-05-01 0 days 1,949 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 2,038 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 1,882 sqft
    2021-01-01 0 days 1,887 sqft
    2021-02-01 0 days 1,870 sqft
    2021-03-01 0 days 1,855 sqft
    2021-04-01 0 days 1,795 sqft
    2021-05-01 0 days 1,780 sqft
    2021-06-01 0 days 1,786 sqft
    2021-07-01 0 days 1,754 sqft
    2021-08-01 0 days 1,723 sqft
    2021-09-01 0 days 1,711 sqft
    2021-10-01 0 days 1,823 sqft
    2021-11-01 0 days 1,866 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 1,824 sqft
    2022-06-01 0 days 1,810 sqft
    2022-07-01 0 days 1,840 sqft
    2022-08-01 0 days 1,800 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 1,662 sqft
    2023-02-01 0 days 1,643 sqft
    2023-03-01 0 days 1,725 sqft
    2023-04-01 0 days 1,854 sqft
    2023-05-01 0 days 1,854 sqft
    2023-06-01 0 days 1,792 sqft
    2023-07-01 0 days 1,761 sqft
    2023-08-01 0 days 1,810 sqft
    2023-09-01 0 days 1,750 sqft
    2023-10-01 0 days 1,729 sqft
    2023-11-01 0 days 1,724 sqft
    2023-12-01 0 days 1,715 sqft
    2024-01-01 0 days 1,715 sqft
    2024-02-01 0 days 1,719 sqft
    2024-03-01 0 days 1,699 sqft
    Hermiston - Pendleton's median listing age (time on market) for 2024-03-01 was 0 days.

    Hermiston - Pendleton's median square footage for active listings during the 2024-03-01 period was 1,699 sqft. One year prior, the average listing was 1,725 sqft.

    Hermiston-Pendleton, OR Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 825 $226,175,000 $274,152
    Cash Out Refi 218 $44,010,000 $201,881
    Home Improvement 136 $11,320,000 $83,235
    Other 122 $9,700,000 $79,508
    Refi 54 $12,790,000 $236,852

    Hermiston - Pendleton's most frequently cited loan purpose was Home Purchase, with 825 originations. The 2nd most popular reason was Cash Out Refi, with 218 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 567 $141,105,000 $248,862
    7-8% 318 $81,690,000 $256,887
    Over 8% 226 $21,990,000 $97,301
    5-6% 209 $51,665,000 $247,201
    4-5% 18 $4,740,000 $263,333
    <2.5% 2 $480,000 $240,000
    3-4% 2 $120,000 $60,000
    2.5-3% 1 $345,000 $345,000

    During 2023, Hermiston - Pendleton's most frequently originated rate bucket was 6-7%, with 567 originations.

    Loan Sizing (Hermiston-Pendleton, OR MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 718 $202,260,000 $281,699
    $100,000 or less 272 $13,780,000 $50,662
    $100k-200k 270 $41,690,000 $154,407
    $400k-600k 81 $36,715,000 $453,272
    $600k-1000k 14 $9,550,000 $682,143

    Hermiston - Pendleton's loan sizing saw the bucket of loans from $200k-400k with 718 originations, totaling $202,260,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 651 $189,735,000 $291,452
    60-80% 244 $62,590,000 $256,516
    Under 20% 181 $7,715,000 $42,624
    20-40% 126 $12,270,000 $97,381
    40-60% 112 $20,840,000 $186,071
    Over 100% 29 $8,725,000 $300,862

    Hermiston - Pendleton's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 651 originations, totaling $189,735,000 in origination value.