Huntingdon Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Huntingdon averaged
7.14%
for the week of 2023-09-14, compared to the national average of
7.18% for the same period.
The average rate for the prior week (2023-09-07) was
6.88% and
one month ago for the week of 2023-08-10, the
average rate was 6.62%.
Huntingdon's average rate one year ago was 5.65%.
For refis of the same type during the week of 2023-09-14, the average rate
was 7.18%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-14 | 7.18% |
Huntingdon 30 Year Fixed Rate | 2023-09-14 | 7.14% |
Huntingdon 30 Year Fixed Rate Refi | 2023-09-14 | 7.18% |
Huntingdon 15 Year Fixed Rate | 2023-09-14 | 6.31% |
Huntingdon 15 Year Fixed Rate Refi | 2023-09-14 | 6.51% |
Huntingdon 30 Year FHA | 2023-09-14 | 6.79% |
Huntingdon 30 Year FHA Refi | 2023-09-14 | 7.19% |
Huntingdon 30 Year USDA | 2023-09-14 | 7.18% |
Huntingdon 30 Year USDA Refi | 2023-09-14 | 7.08% |
Huntingdon 30 Year VA | 2023-09-14 | 6.71% |
Huntingdon 30 Year VA Refi | 2023-09-14 | 6.61% |
Huntingdon 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 Huntingdon, PA 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.).
Huntingdon Average Closing Costs & Other Stats
Huntingdon, PA's 52 lenders originated 960
loans during 2022. The total origination value was $136,070,000, with an average loan value of
$141,740.
Huntingdon's average closing costs are $4,759.
The top Huntingdon lender as defined by loan originations is Kish Bank, with
39 loans originated. Their average total fees are
$4,051, which is $2,726
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Huntingdon lenders (with over 10 loans originated) are
PENNSYLVANIA STATE EMPLOYEES Credit Union ($2,838), Kish Bank ($4,051), Flagstar Bank, FSB ($4,087), QUICKEN LOANS, LLC ($6,777) and .
The lowest rate Huntingdon lenders (with over 10 loans originated) are
PENNSYLVANIA STATE EMPLOYEES Credit Union (4.36%), Kish Bank (4.79%), Flagstar Bank, FSB (5.12%), QUICKEN LOANS, LLC (5.38%) and .
Huntingdon, PA 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 |
---|---|---|---|---|
Community State Bank of Orbisonia | $27,000,000 | $20,665,000 | -23.5% | 15.2% |
Kish Bank | $24,800,000 | $19,545,000 | -21.2% | 14.4% |
First National Bank of Pennsylvania | $10,140,000 | $9,775,000 | -3.6% | 7.2% |
M&T Realty Capital Corporation | $9,125,000 | n/a | 6.7% | |
QUICKEN LOANS, LLC | $14,775,000 | $8,255,000 | -44.1% | 6.1% |
Jersey Shore State Bank | $15,315,000 | $6,870,000 | -55.1% | 5.0% |
PENNSYLVANIA STATE EMPLOYEES Credit Union | $6,810,000 | $5,605,000 | -17.7% | 4.1% |
Flagstar Bank, FSB | $1,980,000 | $4,160,000 | 110.1% | 3.1% |
Reliance Savings Bank | $4,375,000 | $3,095,000 | -29.3% | 2.3% |
Farmers and Merchants Trust Company of Chambersburg | $4,945,000 | $2,955,000 | -40.2% | 2.2% |
Citizens Bank | $3,065,000 | $1,995,000 | -34.9% | 1.5% |
UNITED WHOLESALE MORTGAGE, LLC | $3,265,000 | $1,895,000 | -42.0% | 1.4% |
First Commonwealth Bank | $1,160,000 | $1,870,000 | 61.2% | 1.4% |
Northwest Bank | $3,610,000 | $1,815,000 | -49.7% | 1.3% |
PNC Bank | $2,040,000 | $1,555,000 | -23.8% | 1.1% |
Fulton Bank | $690,000 | $1,355,000 | 96.4% | 1.0% |
M&T Bank | $1,775,000 | $1,085,000 | -38.9% | 0.8% |
The Juniata Valley Bank | $1,250,000 | $1,075,000 | -14.0% | 0.8% |
Wells Fargo Bank | $2,315,000 | $1,070,000 | -53.8% | 0.8% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,620,000 | $1,060,000 | -34.6% | 0.8% |
MCLEAN MORTGAGE CORPORATION | $995,000 | $1,050,000 | 5.5% | 0.8% |
Mortgage Research Center, LLC | $2,175,000 | $980,000 | -54.9% | 0.7% |
CROSSCOUNTRY MORTGAGE, LLC | $390,000 | $925,000 | 137.2% | 0.7% |
PENNYMAC LOAN SERVICES, LLC | $1,740,000 | $925,000 | -46.8% | 0.7% |
UNION HOME MORTGAGE CORP. | $435,000 | $925,000 | 112.6% | 0.7% |
EQUITY RESOURCES, INC. | $645,000 | $875,000 | 35.7% | 0.6% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,335,000 | $875,000 | -34.5% | 0.6% |
ARC HOME LLC | $6,830,000 | $825,000 | -87.9% | 0.6% |
GUARANTEED RATE, INC. | $185,000 | $805,000 | 335.1% | 0.6% |
AmeriServ Financial Bank | $455,000 | $765,000 | 68.1% | 0.6% |
USAA Federal Savings Bank | $175,000 | $760,000 | 334.3% | 0.6% |
Mid Penn Bank | $215,000 | $745,000 | 246.5% | 0.5% |
MidAtlantic Farm Credit, ACA | $650,000 | n/a | 0.5% | |
MOVEMENT MORTGAGE, LLC | $550,000 | $640,000 | 16.4% | 0.5% |
NAVY FEDERAL CREDIT UNION | $905,000 | $620,000 | -31.5% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $3,545,000 | $615,000 | -82.7% | 0.5% |
MEMBERS 1ST FEDERAL CREDIT UNION | $835,000 | $610,000 | -26.9% | 0.4% |
CORNING | $85,000 | $545,000 | 541.2% | 0.4% |
The Ephrata National Bank | $640,000 | $545,000 | -14.8% | 0.4% |
S&T Bank | $510,000 | $530,000 | 3.9% | 0.4% |
HOME POINT FINANCIAL CORPORATION | $710,000 | $515,000 | -27.5% | 0.4% |
U.S. Bank | $45,000 | $475,000 | 955.6% | 0.3% |
NEW DAY FINANCIAL, LLC | $630,000 | $460,000 | -27.0% | 0.3% |
Jonestown Bank and Trust Company, of Jonestown, Pennsylvania | $455,000 | n/a | 0.3% | |
Homesale Mortgage, LLC | $360,000 | $410,000 | 13.9% | 0.3% |
JPMorgan Chase Bank | $95,000 | $405,000 | 326.3% | 0.3% |
MUTUAL OF OMAHA MORTGAGE, INC. | $270,000 | $400,000 | 48.1% | 0.3% |
Altoona First Savings Bank | $395,000 | n/a | 0.3% | |
AMERISAVE MORTGAGE CORPORATION | $1,340,000 | $395,000 | -70.5% | 0.3% |
HOMESPIRE MORTGAGE CORPORATION | $420,000 | $390,000 | -7.1% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $810,000 | $385,000 | -52.5% | 0.3% |
Plains Commerce Bank | $385,000 | n/a | 0.3% | |
Stifel Bank and Trust | $385,000 | n/a | 0.3% | |
Bank of America | $125,000 | $365,000 | 192.0% | 0.3% |
First Citizens Community Bank | $365,000 | n/a | 0.3% | |
Orrstown Bank | $880,000 | $360,000 | -59.1% | 0.3% |
CMG MORTGAGE, INC. | $345,000 | n/a | 0.3% | |
UTILITIES EMPLOYEES CREDIT UNION | $345,000 | n/a | 0.3% | |
PLAZA HOME MORTGAGE, INC. | $165,000 | $340,000 | 106.1% | 0.2% |
York Traditions Bank | $555,000 | $330,000 | -40.5% | 0.2% |
ALLIED MORTGAGE GROUP, INC. | $315,000 | n/a | 0.2% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $695,000 | $315,000 | -54.7% | 0.2% |
ROYAL UNITED MORTGAGE LLC | $410,000 | $315,000 | -23.2% | 0.2% |
GUILD MORTGAGE COMPANY | $85,000 | $305,000 | 258.8% | 0.2% |
FIRST HERITAGE FINANCIAL, LLC | $290,000 | n/a | 0.2% | |
LAKEVIEW LOAN SERVICING, LLC | $260,000 | $290,000 | 11.5% | 0.2% |
Mortgage America, Inc. | $220,000 | $285,000 | 29.5% | 0.2% |
Prosperity Home Mortgage, LLC | $265,000 | n/a | 0.2% | |
ARC Federal Credit Union | $260,000 | n/a | 0.2% | |
LOANDEPOT.COM, LLC | $1,075,000 | $260,000 | -75.8% | 0.2% |
Third Federal Savings and Loan Association of Cleveland | $245,000 | n/a | 0.2% | |
PEOPLESBANK, A CODORUS VALLEY COMPANY | $235,000 | n/a | 0.2% | |
SOVEREIGN LENDING GROUP INCORPORATED | $175,000 | $215,000 | 22.9% | 0.2% |
TOWNE MORTGAGE COMPANY | $155,000 | $210,000 | 35.5% | 0.2% |
CALIBER HOME LOANS, INC. | $1,075,000 | $205,000 | -80.9% | 0.2% |
Dollar Bank, Federal Savings Bank | $185,000 | $205,000 | 10.8% | 0.2% |
Magnolia Bank | $195,000 | n/a | 0.1% | |
INVESTMENT SAVINGS BANK | $35,000 | $190,000 | 442.9% | 0.1% |
NORWICH COMMERCIAL GROUP, INC. | $985,000 | $190,000 | -80.7% | 0.1% |
MILEND, INC. | $185,000 | n/a | 0.1% | |
The Huntington National Bank | $300,000 | $185,000 | -38.3% | 0.1% |
First Internet Bank of Indiana | $205,000 | $165,000 | -19.5% | 0.1% |
Baxter Credit Union | $155,000 | n/a | 0.1% | |
CLEARPATH LENDING | $155,000 | n/a | 0.1% | |
Northpointe Bank | $480,000 | $155,000 | -67.7% | 0.1% |
BROKER SOLUTIONS, INC. | $985,000 | $145,000 | -85.3% | 0.1% |
Centric Bank | $145,000 | n/a | 0.1% | |
LENDING CAPITAL GROUP Inc | $135,000 | n/a | 0.1% | |
Nations Lending Corporation | $165,000 | $135,000 | -18.2% | 0.1% |
CNB Bank | $945,000 | $115,000 | -87.8% | 0.1% |
Hometown Bank of Pennsylvania | $185,000 | $110,000 | -40.5% | 0.1% |
NEWREZ LLC | $650,000 | $105,000 | -83.8% | 0.1% |
PATRIOT | $85,000 | $100,000 | 17.6% | 0.1% |
1st Summit Bank | $1,005,000 | $95,000 | -90.5% | 0.1% |
Barrington Bank & Trust Company, N.A. | $155,000 | $95,000 | -38.7% | 0.1% |
LENDINGHOME FUNDING CORPORATION | $95,000 | n/a | 0.1% | |
Signature Federal Credit Union | $95,000 | n/a | 0.1% | |
21ST MORTGAGE CORPORATION | $85,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $85,000 | n/a | 0.1% | |
OPEN MORTGAGE, LLC | $75,000 | n/a | 0.1% | |
ANGEL OAK HOME LOANS LLC | $65,000 | n/a | 0.0% | |
EVERENCE FEDERAL CREDIT UNION | $125,000 | $65,000 | -48.0% | 0.0% |
Discover Bank | $55,000 | n/a | 0.0% | |
MEMBER FIRST MORTGAGE, LLC | $55,000 | n/a | 0.0% | |
PennCrest Bank | $1,060,000 | $45,000 | -95.8% | 0.0% |
TRUMARK FINANCIAL CREDIT UNION | $35,000 | n/a | 0.0% |
Huntingdon's top lender by overall market share is Community State Bank of Orbisonia, with 15.2% market share. In second place, with 14.4%, is Kish Bank, having originated $19,545,000 in loans. In third place, with 7.2%, is First National Bank of Pennsylvania, having originated $9,775,000 in loans. In fourth place, with 6.7%, is M&T Realty Capital Corporation, having originated $9,125,000 in loans. In fifth place, with 6.1%, is QUICKEN LOANS, LLC, having originated $8,255,000 in loans.
Huntingdon, PA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 414 | $73,910,000 | $178,527 |
Refi | 200 | $33,230,000 | $166,150 |
Home Improvement | 144 | $7,520,000 | $52,222 |
Other | 106 | $7,300,000 | $68,868 |
Cash Out Refi | 96 | $14,110,000 | $146,979 |
Huntingdon's most frequently cited loan purpose was Home Purchase, with 414 originations. The 2nd most popular reason was Refi, with 200 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 241 | $31,135,000 | $129,191 |
5-6% | 240 | $34,380,000 | $143,250 |
4-5% | 180 | $25,290,000 | $140,500 |
6-7% | 112 | $12,520,000 | $111,786 |
2.5-3% | 77 | $11,685,000 | $151,753 |
<2.5% | 56 | $6,680,000 | $119,286 |
7-8% | 25 | $2,105,000 | $84,200 |
Over 8% | 5 | $265,000 | $53,000 |
During 2022, Huntingdon's most frequently originated rate bucket was 3-4%, with 241 originations.
Loan Sizing (Huntingdon, PA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 469 | $24,175,000 | $51,546 |
$100k-200k | 315 | $44,765,000 | $142,111 |
$200k-400k | 150 | $39,370,000 | $262,467 |
$400k-600k | 15 | $6,665,000 | $444,333 |
$600k-1000k | 9 | $6,525,000 | $725,000 |
$Over $1MM | 2 | $14,570,000 | $7,285,000 |
Huntingdon's loan sizing saw the bucket of loans from $100,000 or less with 469 originations, totaling $24,175,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 256 | $43,270,000 | $169,023 |
60-80% | 241 | $41,595,000 | $172,593 |
20-40% | 162 | $16,630,000 | $102,654 |
Under 20% | 148 | $4,580,000 | $30,946 |
40-60% | 120 | $16,320,000 | $136,000 |
Over 100% | 9 | $1,645,000 | $182,778 |
Huntingdon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 256 originations, totaling $43,270,000 in origination value.