Lewistown Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lewistown averaged
7.11%
for the week of 2023-11-30, compared to the national average of
7.22% for the same period.
The average rate for the prior week (2023-11-22) was
6.88% and
one month ago for the week of 2023-10-26, the
average rate was 7.48%.
Lewistown's average rate one year ago was 6.47%.
For refis of the same type during the week of 2023-11-30, the average rate
was 7.32%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-30 | 7.22% |
Lewistown 30 Year Fixed Rate | 2023-11-30 | 7.11% |
Lewistown 30 Year Fixed Rate Refi | 2023-11-30 | 7.32% |
Lewistown 15 Year Fixed Rate | 2023-11-30 | 6.66% |
Lewistown 15 Year Fixed Rate Refi | 2023-11-30 | 6.76% |
Lewistown 30 Year FHA | 2023-11-30 | 6.75% |
Lewistown 30 Year FHA Refi | 2023-11-30 | 7.05% |
Lewistown 30 Year USDA | 2023-11-30 | 7.1% |
Lewistown 30 Year USDA Refi | 2023-11-30 | 6.9% |
Lewistown 30 Year VA | 2023-11-30 | 6.87% |
Lewistown 30 Year VA Refi | 2023-11-30 | 6.87% |
Lewistown 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 Lewistown, 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.).
Lewistown Average Closing Costs & Other Stats
Lewistown, PA's 49 lenders originated 994
loans during 2022. The total origination value was $115,310,000, with an average loan value of
$116,006.
Lewistown's average closing costs are $4,489.
The top Lewistown lender as defined by loan originations is Kish Bank, with
85 loans originated. Their average total fees are
$3,649, which is $2,841
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Lewistown lenders (with over 10 loans originated) are
PENNSYLVANIA STATE EMPLOYEES Credit Union ($2,742), Kish Bank ($3,649), First National Bank of Pennsylvania ($3,868), QUICKEN LOANS, LLC ($6,490) and .
The lowest rate Lewistown lenders (with over 10 loans originated) are
First National Bank of Pennsylvania (4.70%), Kish Bank (5.08%), PENNSYLVANIA STATE EMPLOYEES Credit Union (5.27%), QUICKEN LOANS, LLC (5.46%) and .
Lewistown, 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 |
---|---|---|---|---|
Kish Bank | $38,220,000 | $33,755,000 | -11.7% | 29.3% |
First National Bank of Pennsylvania | $7,425,000 | $11,715,000 | 57.8% | 10.2% |
The Juniata Valley Bank | $8,300,000 | $11,095,000 | 33.7% | 9.6% |
QUICKEN LOANS, LLC | $16,780,000 | $7,830,000 | -53.3% | 6.8% |
PENNSYLVANIA STATE EMPLOYEES Credit Union | $2,875,000 | $4,295,000 | 49.4% | 3.7% |
Citizens Bank | $7,395,000 | $3,455,000 | -53.3% | 3.0% |
Community State Bank of Orbisonia | $2,885,000 | $3,205,000 | 11.1% | 2.8% |
Flagstar Bank, FSB | $785,000 | $3,000,000 | 282.2% | 2.6% |
Univest Bank and Trust Co. | $2,780,000 | n/a | 2.4% | |
Mortgage Research Center, LLC | $2,200,000 | $2,430,000 | 10.5% | 2.1% |
MidAtlantic Farm Credit, ACA | $1,915,000 | n/a | 1.7% | |
UNITED WHOLESALE MORTGAGE, LLC | $2,030,000 | $1,790,000 | -11.8% | 1.6% |
Northwest Bank | $2,840,000 | $1,775,000 | -37.5% | 1.5% |
Wells Fargo Bank | $2,715,000 | $1,580,000 | -41.8% | 1.4% |
EVERENCE FEDERAL CREDIT UNION | $1,395,000 | $1,555,000 | 11.5% | 1.3% |
PNC Bank | $1,235,000 | $1,160,000 | -6.1% | 1.0% |
Jersey Shore State Bank | $2,145,000 | $1,110,000 | -48.3% | 1.0% |
FREEDOM MORTGAGE CORPORATION | $3,975,000 | $1,055,000 | -73.5% | 0.9% |
MEMBERS 1ST FEDERAL CREDIT UNION | $2,865,000 | $925,000 | -67.7% | 0.8% |
LOANDEPOT.COM, LLC | $1,260,000 | $910,000 | -27.8% | 0.8% |
Farmers and Merchants Trust Company of Chambersburg | $320,000 | $905,000 | 182.8% | 0.8% |
Plains Commerce Bank | $865,000 | n/a | 0.8% | |
Pennian Bank | $210,000 | $835,000 | 297.6% | 0.7% |
Equity Prime Mortgage LLC | $160,000 | $735,000 | 359.4% | 0.6% |
PENNYMAC LOAN SERVICES, LLC | $1,275,000 | $630,000 | -50.6% | 0.5% |
AMERISAVE MORTGAGE CORPORATION | $1,110,000 | $540,000 | -51.4% | 0.5% |
UTILITIES EMPLOYEES CREDIT UNION | $490,000 | n/a | 0.4% | |
CALIBER HOME LOANS, INC. | $855,000 | $465,000 | -45.6% | 0.4% |
Fulton Bank | $540,000 | $460,000 | -14.8% | 0.4% |
Mifflinburg Bank and Trust Company | $330,000 | $460,000 | 39.4% | 0.4% |
AMERICAN HERITAGE FCU | $425,000 | n/a | 0.4% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,590,000 | $425,000 | -73.3% | 0.4% |
M&T Bank | $395,000 | $390,000 | -1.3% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $395,000 | $375,000 | -5.1% | 0.3% |
NEW DAY FINANCIAL, LLC | $580,000 | $360,000 | -37.9% | 0.3% |
FIRST HERITAGE FINANCIAL, LLC | $135,000 | $355,000 | 163.0% | 0.3% |
NAVY FEDERAL CREDIT UNION | $530,000 | $340,000 | -35.8% | 0.3% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $320,000 | $320,000 | 0.0% | 0.3% |
Susquehanna Community Bank | $215,000 | $315,000 | 46.5% | 0.3% |
MCLEAN MORTGAGE CORPORATION | $880,000 | $310,000 | -64.8% | 0.3% |
NEWREZ LLC | $1,165,000 | $310,000 | -73.4% | 0.3% |
HOME POINT FINANCIAL CORPORATION | $1,235,000 | $305,000 | -75.3% | 0.3% |
Reliance Savings Bank | $250,000 | $295,000 | 18.0% | 0.3% |
First Commonwealth Bank | $85,000 | $290,000 | 241.2% | 0.3% |
MICHIGAN MUTUAL, INC. | $180,000 | $280,000 | 55.6% | 0.2% |
The Farmers National Bank of Canfield | $275,000 | n/a | 0.2% | |
Orrstown Bank | $25,000 | $255,000 | 920.0% | 0.2% |
USAA Federal Savings Bank | $1,290,000 | $255,000 | -80.2% | 0.2% |
First Savings Bank | $250,000 | n/a | 0.2% | |
LOANPAL, LLC | $395,000 | $245,000 | -38.0% | 0.2% |
S&T Bank | $245,000 | n/a | 0.2% | |
MOVEMENT MORTGAGE, LLC | $135,000 | $235,000 | 74.1% | 0.2% |
AMERICAN FINANCING CORPORATION | $255,000 | $220,000 | -13.7% | 0.2% |
Ally Bank | $545,000 | $215,000 | -60.6% | 0.2% |
FINANCE OF AMERICA MORTGAGE LLC | $295,000 | $215,000 | -27.1% | 0.2% |
NFM, INC. | $215,000 | n/a | 0.2% | |
CITADEL FEDERAL CREDIT UNION | $185,000 | n/a | 0.2% | |
NORWICH COMMERCIAL GROUP, INC. | $175,000 | n/a | 0.2% | |
TOWNE MORTGAGE COMPANY | $175,000 | n/a | 0.2% | |
WRIGHT-PATT CREDIT UNION, INC. | $175,000 | n/a | 0.2% | |
HOMESTEAD FUNDING CORP. | $165,000 | n/a | 0.1% | |
Princeton Mortgage Corporation | $165,000 | n/a | 0.1% | |
First Commonwealth Federal Credit Union | $155,000 | n/a | 0.1% | |
HOMESIDE FINANCIAL, LLC | $775,000 | $155,000 | -80.0% | 0.1% |
DEVELOPER'S MORTGAGE COMPANY | $145,000 | n/a | 0.1% | |
Carrington Mortgage Services, LLC | $155,000 | $135,000 | -12.9% | 0.1% |
CROSSCOUNTRY MORTGAGE, LLC | $310,000 | $135,000 | -56.5% | 0.1% |
EMBRACE HOME LOANS, INC. | $135,000 | n/a | 0.1% | |
HORIZON Federal Credit Union | $135,000 | n/a | 0.1% | |
SOUTHWEST STAGE FUNDING, LLC | $135,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $200,000 | $130,000 | -35.0% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $125,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $145,000 | $110,000 | -24.1% | 0.1% |
REVERSE MORTGAGE FUNDING LLC | $105,000 | n/a | 0.1% | |
US MORTGAGE CORPORATION | $105,000 | n/a | 0.1% | |
Discover Bank | $120,000 | $90,000 | -25.0% | 0.1% |
CityWorth Mortgage LLC | $85,000 | n/a | 0.1% | |
DRAPER AND KRAMER MORTGAGE CORP. | $85,000 | n/a | 0.1% | |
Fifth Third Bank | $65,000 | $85,000 | 30.8% | 0.1% |
Foote Capital Mortgage Company | $85,000 | n/a | 0.1% | |
FRANKLIN MINT | $85,000 | n/a | 0.1% | |
MEMBER FIRST MORTGAGE, LLC | $305,000 | $85,000 | -72.1% | 0.1% |
Mid Penn Bank | $85,000 | n/a | 0.1% | |
U.S. Bank | $235,000 | $85,000 | -63.8% | 0.1% |
BROKER SOLUTIONS, INC. | $360,000 | $75,000 | -79.2% | 0.1% |
Colonial Savings, F.A. | $75,000 | n/a | 0.1% | |
TRUMARK FINANCIAL CREDIT UNION | $75,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $290,000 | $55,000 | -81.0% | 0.0% |
21ST MORTGAGE CORPORATION | $35,000 | n/a | 0.0% | |
The Bank of Landisburg | $25,000 | n/a | 0.0% | |
BELCO COMMUNITY CREDIT UNION | $15,000 | n/a | 0.0% |
Lewistown's top lender by overall market share is Kish Bank, with 29.3% market share. In second place, with 10.2%, is First National Bank of Pennsylvania, having originated $11,715,000 in loans. In third place, with 9.6%, is The Juniata Valley Bank, having originated $11,095,000 in loans. In fourth place, with 6.8%, is QUICKEN LOANS, LLC, having originated $7,830,000 in loans. In fifth place, with 3.7%, is PENNSYLVANIA STATE EMPLOYEES Credit Union, having originated $4,295,000 in loans.
Lewistown Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Lewistown (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $108,075 (-0.7%) | $133,114 (-4.9%) | 0.00 | 146 |
2018-02-01 | $107,000 (4.7%) | $130,006 (-5.1%) | 0.00 | 160 |
2018-03-01 | $119,900 (10.1%) | $131,293 (-2.6%) | 0.00 | 155 |
2018-04-01 | $119,225 (5.0%) | $132,122 (-5.5%) | 0.00 | 143 |
2018-05-01 | $123,750 (7.6%) | $134,337 (-5.3%) | 0.00 | 131 |
2018-06-01 | $110,000 (-6.0%) | $131,009 (-8.2%) | 0.00 | 133 |
2018-07-01 | $129,925 (13.0%) | $139,124 (-1.6%) | 0.00 | 126 |
2018-08-01 | $128,100 (6.8%) | $139,423 (-0.5%) | 0.00 | 129 |
2018-09-01 | $119,450 (-1.2%) | $130,759 (-5.8%) | 0.00 | 131 |
2018-10-01 | $123,750 (2.3%) | $137,704 (-0.4%) | 0.00 | 129 |
2018-11-01 | $121,125 (5.2%) | $134,754 (0.7%) | 0.00 | 134 |
2018-12-01 | $109,900 (-6.8%) | $126,014 (-6.9%) | 0.00 | 128 |
2019-01-01 | $101,950 (-5.7%) | $119,298 (-10.4%) | 0.00 | 140 |
2019-02-01 | $104,475 (-2.4%) | $121,979 (-6.2%) | 0.00 | 131 |
2019-03-01 | $105,714 (-11.8%) | $127,884 (-2.6%) | 0.00 | 126 |
2019-04-01 | $104,839 (-12.1%) | $133,967 (1.4%) | 0.00 | 110 |
2019-05-01 | $126,150 (1.9%) | $144,463 (7.5%) | 0.00 | 101 |
2019-06-01 | $119,900 (9.0%) | $143,989 (9.9%) | 0.00 | 97 |
2019-07-01 | $119,725 (-7.9%) | $138,442 (-0.5%) | 0.00 | 108 |
2019-08-01 | $114,445 (-10.7%) | $134,786 (-3.3%) | 0.00 | 106 |
2019-09-01 | $117,514 (-1.6%) | $138,983 (6.3%) | 0.00 | 102 |
2019-10-01 | $119,559 (-3.4%) | $141,286 (2.6%) | 0.00 | 97 |
2019-11-01 | $90,500 (-25.3%) | $126,770 (-5.9%) | 0.00 | 92 |
2019-12-01 | $97,925 (-10.9%) | $126,878 (0.7%) | 0.00 | 87 |
2020-01-01 | $98,075 (-3.8%) | $127,575 (6.9%) | 0.00 | 72 |
2020-02-01 | $92,500 (-11.5%) | $137,463 (12.7%) | 0.00 | 64 |
2020-03-01 | $112,225 (6.2%) | $137,512 (7.5%) | 0.00 | 68 |
2020-04-01 | $113,125 (7.9%) | $147,567 (10.2%) | 0.00 | 67 |
2020-05-01 | $110,000 (-12.8%) | $152,226 (5.4%) | 0.00 | 62 |
2020-06-01 | $110,000 (-8.3%) | $139,478 (-3.1%) | 0.00 | 67 |
2020-07-01 | $123,650 (3.3%) | $141,846 (2.5%) | 0.00 | 62 |
2020-08-01 | $122,450 (7.0%) | $156,350 (16.0%) | 0.00 | 53 |
2020-09-01 | $125,350 (6.7%) | $171,624 (23.5%) | 0.00 | 51 |
2020-10-01 | $120,000 (0.4%) | $155,917 (10.4%) | 0.00 | 49 |
2020-11-01 | $123,118 (36.0%) | $156,529 (23.5%) | 0.00 | 43 |
2020-12-01 | $123,118 (25.7%) | $150,270 (18.4%) | 0.00 | 35 |
2021-01-01 | $139,900 (42.7%) | $168,932 (32.4%) | 0.00 | 34 |
2021-02-01 | $138,700 (50.0%) | $168,183 (22.4%) | 0.00 | 34 |
2021-03-01 | $143,725 (28.1%) | $168,562 (22.6%) | 0.00 | 28 |
2021-04-01 | $135,000 (19.3%) | $156,170 (5.8%) | 0.00 | 25 |
2021-05-01 | $125,618 (14.2%) | $156,689 (2.9%) | 0.00 | 26 |
2021-06-01 | $125,618 (14.2%) | $174,857 (25.4%) | 0.00 | 27 |
2021-07-01 | $125,000 (1.1%) | $180,099 (27.0%) | 0.00 | 38 |
2021-08-01 | $132,809 (8.5%) | $183,012 (17.1%) | 0.00 | 47 |
2021-09-01 | $135,000 (7.7%) | $183,369 (6.8%) | 0.00 | 47 |
2021-10-01 | $135,000 (12.5%) | $169,105 (8.5%) | 0.00 | 45 |
2021-11-01 | $134,000 (8.8%) | $179,136 (14.4%) | 0.00 | 39 |
2021-12-01 | $139,700 (13.5%) | $178,387 (18.7%) | 0.00 | 37 |
2022-01-01 | $169,000 (20.8%) | $207,071 (22.6%) | 0.00 | 31 |
2022-02-01 | $170,900 (23.2%) | $215,499 (28.1%) | 0.00 | 27 |
2022-03-01 | $169,200 (17.7%) | $214,231 (27.1%) | 0.00 | 29 |
2022-04-01 | $189,900 (40.7%) | $213,929 (37.0%) | 0.00 | 45 |
2022-05-01 | $187,698 (49.4%) | $214,827 (37.1%) | 0.00 | 43 |
2022-06-01 | $180,400 (43.6%) | $200,282 (14.5%) | 0.00 | 44 |
2022-07-01 | $172,000 (37.6%) | $187,282 (4.0%) | 0.00 | 50 |
2022-08-01 | $199,725 (50.4%) | $216,370 (18.2%) | 0.00 | 49 |
2022-09-01 | $199,700 (47.9%) | $202,247 (10.3%) | 0.00 | 53 |
2022-10-01 | $199,950 (48.1%) | $209,974 (24.2%) | 0.00 | 47 |
2022-11-01 | $189,950 (41.8%) | $209,948 (17.2%) | 0.00 | 48 |
2022-12-01 | $162,450 (16.3%) | $196,580 (10.2%) | 0.00 | 52 |
2023-01-01 | $170,975 (1.2%) | $198,836 (-4.0%) | 0.00 | 48 |
2023-02-01 | $169,950 (-0.6%) | $188,862 (-12.4%) | 0.00 | 31 |
2023-03-01 | $146,500 (-13.4%) | $213,694 (-0.3%) | 0.00 | 26 |
2023-04-01 | $146,950 (-22.6%) | $197,479 (-7.7%) | 0.00 | 28 |
2023-05-01 | $217,400 (15.8%) | $223,039 (3.8%) | 0.00 | 22 |
2023-06-01 | $219,900 (21.9%) | $240,592 (20.1%) | 0.00 | 28 |
2023-07-01 | $222,450 (29.3%) | $245,243 (31.0%) | 0.00 | 32 |
2023-08-01 | $202,175 (1.2%) | $205,521 (-5.0%) | 0.00 | 32 |
2023-09-01 | $184,950 (-7.4%) | $198,426 (-1.9%) | 0.00 | 30 |
2023-10-01 | $129,900 (-35.0%) | $180,129 (-14.2%) | 0.00 | 51 |
2023-11-01 | $128,450 (-32.4%) | $181,345 (-13.6%) | 0.00 | 49 |
Lewistown's median listing price comes in at 0% of the national average.
Lewistown's average listing price for 2023-11-01 was $181,345, a difference of $-28,603 (-13.6%) versus the prior year and $1,216 versus the prior month.
For the 2023-11-01 period, Lewistown had 49 MLS listings, a difference of -2 listings (-4%) versus the prior month and 1 listings (2%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Lewistown (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,415 sqft |
2018-02-01 | 0 days | 1,411 sqft |
2018-03-01 | 0 days | 1,387 sqft |
2018-04-01 | 0 days | 1,408 sqft |
2018-05-01 | 0 days | 1,419 sqft |
2018-06-01 | 0 days | 1,422 sqft |
2018-07-01 | 0 days | 1,410 sqft |
2018-08-01 | 0 days | 1,389 sqft |
2018-09-01 | 0 days | 1,394 sqft |
2018-10-01 | 0 days | 1,521 sqft |
2018-11-01 | 0 days | 1,498 sqft |
2018-12-01 | 0 days | 1,416 sqft |
2019-01-01 | 0 days | 1,446 sqft |
2019-02-01 | 0 days | 1,421 sqft |
2019-03-01 | 0 days | 1,403 sqft |
2019-04-01 | 0 days | 1,396 sqft |
2019-05-01 | 0 days | 1,483 sqft |
2019-06-01 | 0 days | 1,465 sqft |
2019-07-01 | 0 days | 1,372 sqft |
2019-08-01 | 0 days | 1,349 sqft |
2019-09-01 | 0 days | 1,351 sqft |
2019-10-01 | 0 days | 1,352 sqft |
2019-11-01 | 0 days | 1,352 sqft |
2019-12-01 | 0 days | 1,418 sqft |
2020-01-01 | 0 days | 1,415 sqft |
2020-02-01 | 0 days | 1,436 sqft |
2020-03-01 | 0 days | 1,450 sqft |
2020-04-01 | 0 days | 1,452 sqft |
2020-05-01 | 0 days | 1,482 sqft |
2020-06-01 | 0 days | 1,433 sqft |
2020-07-01 | 0 days | 1,468 sqft |
2020-08-01 | 0 days | 1,498 sqft |
2020-09-01 | 0 days | 1,561 sqft |
2020-10-01 | 0 days | 1,775 sqft |
2020-11-01 | 0 days | 1,890 sqft |
2020-12-01 | 0 days | 1,827 sqft |
2021-01-01 | 0 days | 2,010 sqft |
2021-02-01 | 0 days | 2,045 sqft |
2021-03-01 | 0 days | 2,025 sqft |
2021-04-01 | 0 days | 1,866 sqft |
2021-05-01 | 0 days | 1,684 sqft |
2021-06-01 | 0 days | 1,462 sqft |
2021-07-01 | 0 days | 1,533 sqft |
2021-08-01 | 0 days | 1,492 sqft |
2021-09-01 | 0 days | 1,483 sqft |
2021-10-01 | 0 days | 1,474 sqft |
2021-11-01 | 0 days | 1,527 sqft |
2021-12-01 | 0 days | 1,508 sqft |
2022-01-01 | 0 days | 1,517 sqft |
2022-02-01 | 0 days | 1,664 sqft |
2022-03-01 | 0 days | 1,679 sqft |
2022-04-01 | 0 days | 1,523 sqft |
2022-05-01 | 0 days | 1,454 sqft |
2022-06-01 | 0 days | 1,416 sqft |
2022-07-01 | 0 days | 1,351 sqft |
2022-08-01 | 0 days | 1,399 sqft |
2022-09-01 | 0 days | 1,349 sqft |
2022-10-01 | 0 days | 1,393 sqft |
2022-11-01 | 0 days | 1,399 sqft |
2022-12-01 | 0 days | 1,380 sqft |
2023-01-01 | 0 days | 1,380 sqft |
2023-02-01 | 0 days | 1,370 sqft |
2023-03-01 | 0 days | 1,533 sqft |
2023-04-01 | 0 days | 1,495 sqft |
2023-05-01 | 0 days | 1,483 sqft |
2023-06-01 | 0 days | 1,495 sqft |
2023-07-01 | 0 days | 1,844 sqft |
2023-08-01 | 0 days | 1,510 sqft |
2023-09-01 | 0 days | 1,564 sqft |
2023-10-01 | 0 days | 1,399 sqft |
2023-11-01 | 0 days | 1,431 sqft |
Lewistown's median square footage for active listings during the 2023-11-01 period was 1,431 sqft. One year prior, the average listing was 1,399 sqft.
Lewistown, PA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 428 | $64,850,000 | $151,519 |
Refi | 166 | $19,790,000 | $119,217 |
Home Improvement | 150 | $7,880,000 | $52,533 |
Cash Out Refi | 126 | $15,310,000 | $121,508 |
Other | 124 | $7,480,000 | $60,323 |
Lewistown's most frequently cited loan purpose was Home Purchase, with 428 originations. The 2nd most popular reason was Refi, with 166 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 229 | $29,885,000 | $130,502 |
3-4% | 206 | $25,570,000 | $124,126 |
4-5% | 183 | $19,765,000 | $108,005 |
6-7% | 109 | $12,525,000 | $114,908 |
2.5-3% | 54 | $7,070,000 | $130,926 |
7-8% | 45 | $4,365,000 | $97,000 |
<2.5% | 30 | $3,250,000 | $108,333 |
Over 8% | 6 | $150,000 | $25,000 |
During 2022, Lewistown's most frequently originated rate bucket was 5-6%, with 229 originations.
Loan Sizing (Lewistown, PA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 516 | $27,990,000 | $54,244 |
$100k-200k | 334 | $47,170,000 | $141,228 |
$200k-400k | 131 | $32,845,000 | $250,725 |
$400k-600k | 9 | $4,085,000 | $453,889 |
$600k-1000k | 3 | $2,135,000 | $711,667 |
$Over $1MM | 1 | $1,085,000 | $1,085,000 |
Lewistown's loan sizing saw the bucket of loans from $100,000 or less with 516 originations, totaling $27,990,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 309 | $49,705,000 | $160,858 |
60-80% | 219 | $30,395,000 | $138,790 |
Under 20% | 114 | $3,850,000 | $33,772 |
20-40% | 113 | $6,935,000 | $61,372 |
40-60% | 101 | $10,835,000 | $107,277 |
Over 100% | 3 | $455,000 | $151,667 |
Lewistown's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 309 originations, totaling $49,705,000 in origination value.