Malone Mortgage Rates

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

30 Year Fixed Rate mortgages in Malone averaged 6.17% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 6.34% and one month ago for the week of 2022-05-19, the average rate was 5.51%.

Malone's average rate one year ago was 3.17%.

For refis of the same type during the week of 2022-06-23, the average rate was 6.06%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Malone 30 Year Fixed Rate 2022-06-23 6.17%
Malone 30 Year Fixed Rate Refi 2022-06-23 6.06%
Malone 15 Year Fixed Rate 2022-06-23 5.78%
Malone 15 Year Fixed Rate Refi 2022-06-23 5.55%
Malone 30 Year FHA 2022-06-23 0.17%
Malone 30 Year FHA Refi 2022-06-23 0.4%
Malone 30 Year USDA 2022-06-23 0.36%
Malone 30 Year USDA Refi 2022-06-23 -0.38%
Malone 30 Year VA 2022-06-23 0.57%
Malone 30 Year VA Refi 2022-06-23 0.28%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Malone, NY.

Malone Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Malone, NY 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Community Bank 58 3.50% $1,246
QUICKEN LOANS, LLC 36 3.17% $5,712
HOMESTEAD FUNDING CORP. 25 3.49% $3,540
PARAGON HOME LOANS INC. 23 2.99% $3,317
CROSSCOUNTRY MORTGAGE, LLC 21 3.26% $5,395
KeyBank 16 2.82% $4,032
NBT Bank 13 3.08% $4,156
SEFCU SERVICES, LLC 7 3.04% $3,488
Wells Fargo Bank 6 2.94% $4,700
CCFCU FUNDING, LLC 6 3.21% $3,621
U.S. Bank 5 3.03% $5,604
Farm Credit East, ACA 5 3.60% $6,288
AMERICU Credit Union 5 3.43% $3,901
FREEDOM MORTGAGE CORPORATION 3 3.63% $4,681
Bank of America 3 2.79% $3,988
Flagstar Bank, FSB 3 3.25% $5,790
JPMorgan Chase Bank 3 2.75% $4,730
LOANDEPOT.COM, LLC 3 2.92% $4,962
PNC Bank 3 3.21% $4,573
Mr. Cooper ( Nationstar Mortgage ) 2 3.38% $3,983
ROYAL UNITED MORTGAGE LLC 2 3.31% $9,321
Adirondack Bank 2 3.13% $4,268
TD Bank 2 2.88% $2,756
Premium Mortgage Corporation 2 2.75% $4,382
Citizens Bank 2 2.94% $3,711
FINANCE OF AMERICA MORTGAGE LLC 2 3.62% $14,333
Morgan Stanley Private Bank 2 2.43% $10,307
1ST PRIORITY MORTGAGE, INC. 2 3.31% $4,980
MOVEMENT MORTGAGE, LLC 1 3.25% $3,484
NBKC BANK 1 2.88% $1,987
BETTER MORTGAGE CORPORATION 1 3.25% $4,079
NEWREZ LLC 1 3.99% $10,554
NORTHERN CREDIT UNION 1 3.25% $4,689
Bethpage Federal Credit Union 1 2.88% $3,617
Pathfinder Bank 1 3.38% $3,180
PHH Mortgage Corporation 1 2.88% $9,111
PLAZA HOME MORTGAGE, INC. 1 3.25% $4,414
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.50% $8,789
Axos Bank 1 2.88% $2,681
ARC HOME LLC 1 3.13% $4,897
The Camden National Bank 1 2.88% $4,782
First Home Bank 1 3.63% $6,128
The Lyons National Bank 1 3.88% $9,004
Glens Falls National Bank and Trust Company 1 3.13% $2,886
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.75% $4,222
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.25% $4,583
TIAA, FSB 1 2.88% $6,430
CALIBER HOME LOANS, INC. 1 2.38% $2,383
AMERICAN FINANCIAL NETWORK, INC. 1 2.75% $11,984
Manufacturers and Traders Trust Company 1 3.38% $4,933
MID-ISLAND MORTGAGE CORP. 1 3.13% $4,401

Malone, NY's 51 lenders originated 782 loans during 2021. The total origination value was $135,280,000, with an average loan value of $172,992.

The top Malone lender as defined by loan originations is Community Bank, with 58 loans originated. Their average total fees are $1,246, which is $4,466 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Malone lenders (with over 10 loans originated) are Community Bank ($1,246), PARAGON HOME LOANS INC. ($3,317), HOMESTEAD FUNDING CORP. ($3,540), KeyBank ($4,032) and NBT Bank ($4,156).

The lowest rate Malone lenders (with over 10 loans originated) are KeyBank (2.82%), PARAGON HOME LOANS INC. (2.99%), NBT Bank (3.08%), QUICKEN LOANS, LLC (3.17%) and CROSSCOUNTRY MORTGAGE, LLC (3.26%).

Malone, NY Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
Community Bank $16,850,000 $24,875,000 47.6% 18.4%
QUICKEN LOANS, LLC $11,315,000 $15,210,000 34.4% 11.2%
KeyBank $6,980,000 $8,205,000 17.6% 6.1%
PARAGON HOME LOANS INC. $8,125,000 $7,895,000 -2.8% 5.8%
CROSSCOUNTRY MORTGAGE, LLC $4,295,000 $7,845,000 82.7% 5.8%
HOMESTEAD FUNDING CORP. $7,435,000 $7,775,000 4.6% 5.7%
NBT Bank $8,350,000 $6,635,000 -20.5% 4.9%
Morgan Stanley Private Bank $1,925,000 $5,135,000 166.8% 3.8%
Wells Fargo Bank $710,000 $3,880,000 446.5% 2.9%
U.S. Bank $745,000 $2,335,000 213.4% 1.7%
SEFCU SERVICES, LLC $390,000 $2,140,000 448.7% 1.6%
Bank of America $1,305,000 $1,945,000 49.0% 1.4%
CCFCU FUNDING, LLC $555,000 $1,820,000 227.9% 1.3%
JPMorgan Chase Bank $5,775,000 $1,800,000 -68.8% 1.3%
Farm Credit East, ACA $1,665,000 $1,640,000 -1.5% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $680,000 $1,545,000 127.2% 1.1%
FREEDOM MORTGAGE CORPORATION $545,000 $1,540,000 182.6% 1.1%
Adirondack Bank $1,920,000 $1,500,000 -21.9% 1.1%
Glens Falls National Bank and Trust Company $1,180,000 $1,380,000 16.9% 1.0%
Premium Mortgage Corporation $75,000 $1,375,000 1,733.3% 1.0%
NEWREZ LLC $1,310,000 n/a 1.0%
Manufacturers and Traders Trust Company $950,000 $1,295,000 36.3% 1.0%
Citizens Bank $1,120,000 $1,280,000 14.3% 0.9%
Mortgage Research Center, LLC $525,000 $1,185,000 125.7% 0.9%
PNC Bank $1,115,000 n/a 0.8%
LOANDEPOT.COM, LLC $1,515,000 $1,095,000 -27.7% 0.8%
Valley National Bank $1,085,000 n/a 0.8%
The Lyons National Bank $655,000 $995,000 51.9% 0.7%
FINANCE OF AMERICA MORTGAGE LLC $980,000 n/a 0.7%
Pathfinder Bank $2,110,000 $945,000 -55.2% 0.7%
TD Bank $155,000 $945,000 509.7% 0.7%
AMERICU Credit Union $460,000 $915,000 98.9% 0.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $105,000 $905,000 761.9% 0.7%
The Federal Savings Bank $680,000 $905,000 33.1% 0.7%
NAVY FEDERAL CREDIT UNION $110,000 $775,000 604.5% 0.6%
1ST PRIORITY MORTGAGE, INC. $115,000 $740,000 543.5% 0.5%
TIAA, FSB $215,000 $725,000 237.2% 0.5%
The Camden National Bank $685,000 n/a 0.5%
Flagstar Bank, FSB $210,000 $665,000 216.7% 0.5%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $450,000 n/a 0.3%
NORTHERN CREDIT UNION $45,000 $410,000 811.1% 0.3%
CALIBER HOME LOANS, INC. $405,000 n/a 0.3%
BETTER MORTGAGE CORPORATION $585,000 $400,000 -31.6% 0.3%
USAA Federal Savings Bank $1,655,000 $375,000 -77.3% 0.3%
ROYAL UNITED MORTGAGE LLC $490,000 $370,000 -24.5% 0.3%
Axos Bank $365,000 n/a 0.3%
First National Bank of Scotia $345,000 n/a 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $155,000 $345,000 122.6% 0.3%
HOME POINT FINANCIAL CORPORATION $185,000 $330,000 78.4% 0.2%
Vibrant Credit Union $325,000 n/a 0.2%
AMERICAN FINANCIAL NETWORK, INC. $165,000 $310,000 87.9% 0.2%
21ST MORTGAGE CORPORATION $1,185,000 $305,000 -74.3% 0.2%
MOVEMENT MORTGAGE, LLC $145,000 $300,000 106.9% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $490,000 $290,000 -40.8% 0.2%
PHH Mortgage Corporation $285,000 n/a 0.2%
NJ LENDERS CORP. $275,000 n/a 0.2%
PLAZA HOME MORTGAGE, INC. $175,000 $275,000 57.1% 0.2%
Barrington Bank & Trust Company, N.A. $240,000 n/a 0.2%
NBKC BANK $235,000 n/a 0.2%
Magnolia Bank $450,000 $215,000 -52.2% 0.2%
STATE EMPLOYEES FEDERAL CREDIT UNION $210,000 $215,000 2.4% 0.2%
First Home Bank $210,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $190,000 $205,000 7.9% 0.2%
Berkshire Bank $1,620,000 $205,000 -87.3% 0.2%
PLANET HOME LENDING, LLC $205,000 n/a 0.2%
CREDIT HUMAN FEDERAL CREDIT UNION $65,000 $200,000 207.7% 0.1%
ARC HOME LLC $755,000 $195,000 -74.2% 0.1%
MID-ISLAND MORTGAGE CORP. $195,000 n/a 0.1%
UNITED WHOLESALE MORTGAGE, LLC $705,000 $180,000 -74.5% 0.1%
The National Bank of Coxsackie $175,000 n/a 0.1%
OWNERSCHOICE FUNDING, INCORPORATED $910,000 $170,000 -81.3% 0.1%
Carrington Mortgage Services, LLC $280,000 $165,000 -41.1% 0.1%
MLB RESIDENTIAL LENDING, LLC $450,000 $135,000 -70.0% 0.1%
ALLIANT CREDIT UNION $125,000 n/a 0.1%
Equity Prime Mortgage LLC $185,000 $125,000 -32.4% 0.1%
TEMPLE VIEW CAPITAL FUNDING, LP $125,000 n/a 0.1%
Bank of England $115,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $425,000 $115,000 -72.9% 0.1%
CORNING $110,000 $85,000 -22.7% 0.1%
Bethpage Federal Credit Union $65,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $65,000 n/a 0.0%
Discover Bank $100,000 $55,000 -45.0% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $55,000 n/a 0.0%
AMERICAN ADVISORS GROUP $75,000 $25,000 -66.7% 0.0%

Malone's top lender by overall market share is Community Bank, with 18.4% market share. In second place, with 11.2%, is QUICKEN LOANS, LLC, having originated $15,210,000 in loans. In third place, with 6.1%, is KeyBank, having originated $8,205,000 in loans. In third place, with 5.8%, is PARAGON HOME LOANS INC., having originated $7,895,000 in loans. In third place, with 5.8%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $7,845,000 in loans.


Malone, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 385 $73,185,000 $190,091
Refi 254 $35,010,000 $137,835
Cash Out Refi 94 $19,120,000 $203,404
Home Improvement 38 $2,860,000 $75,263
Other 11 $5,105,000 $464,091

Malone's most frequently cited loan purpose was Home Purchase, with 385 originations. The 2nd most popular reason was Refi, with 254 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 350 $56,970,000 $162,771
2.5-3% 277 $48,485,000 $175,036
<2.5% 116 $25,310,000 $218,190
4-5% 16 $2,560,000 $160,000
5-6% 10 $840,000 $84,000
6-7% 8 $390,000 $48,750
Over 8% 2 $190,000 $95,000
7-8% 1 $15,000 $15,000

During 2021, Malone's most frequently originated rate bucket was 3-4%, with 350 originations.

Loan Sizing (Malone, NY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 318 $45,380,000 $142,704
$100,000 or less 263 $18,245,000 $69,373
$200k-400k 154 $41,090,000 $266,818
$400k-600k 30 $14,170,000 $472,333
$600k-1000k 11 $7,955,000 $723,182
$Over $1MM 6 $8,440,000 $1,406,667

Malone's loan sizing saw the bucket of loans from $100k-200k with 318 originations, totaling $45,380,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 330 $56,670,000 $171,727
60-80% 268 $54,610,000 $203,769
40-60% 110 $17,460,000 $158,727
20-40% 39 $2,825,000 $72,436
Under 20% 23 $1,235,000 $53,696
Over 100% 4 $920,000 $230,000

Malone's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 330 originations, totaling $56,670,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Malone (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 $129,500 (3.6%) $273,389 (12.3%) 0.00 346
2018-02-01 $129,250 (3.4%) $294,452 (18.0%) 0.00 346
2018-03-01 $134,900 (2.6%) $291,267 (8.4%) 0.00 345
2018-04-01 $135,000 (2.3%) $293,658 (11.3%) 0.00 354
2018-05-01 $154,950 (15.4%) $303,167 (14.2%) 0.00 368
2018-06-01 $164,900 (18.6%) $311,819 (11.6%) 0.00 386
2018-07-01 $165,250 (18.9%) $331,532 (17.8%) 0.00 419
2018-08-01 $165,000 (18.7%) $328,752 (20.1%) 0.00 409
2018-09-01 $165,000 (22.3%) $337,466 (19.8%) 0.00 381
2018-10-01 $146,750 (10.8%) $324,912 (19.8%) 0.00 356
2018-11-01 $140,000 (3.8%) $328,798 (26.0%) 0.00 320
2018-12-01 $139,900 (7.6%) $326,903 (23.7%) 0.00 307
2019-01-01 $139,500 (7.7%) $311,887 (14.1%) 0.00 273
2019-02-01 $139,950 (8.3%) $324,307 (10.1%) 0.00 266
2019-03-01 $148,529 (10.1%) $335,267 (15.1%) 0.00 270
2019-04-01 $159,950 (18.5%) $338,741 (15.4%) 0.00 280
2019-05-01 $149,950 (-3.2%) $347,924 (14.8%) 0.00 305
2019-06-01 $165,000 (0.1%) $362,800 (16.4%) 0.00 324
2019-07-01 $175,000 (5.9%) $397,815 (20.0%) 0.00 336
2019-08-01 $174,786 (5.9%) $412,732 (25.5%) 0.00 334
2019-09-01 $171,750 (4.1%) $406,302 (20.4%) 0.00 328
2019-10-01 $165,000 (12.4%) $393,189 (21.0%) 0.00 329
2019-11-01 $159,000 (13.6%) $377,919 (14.9%) 0.00 299
2019-12-01 $149,500 (6.9%) $388,470 (18.8%) 0.00 273
2020-01-01 $146,950 (5.3%) $374,152 (20.0%) 0.00 257
2020-02-01 $154,900 (10.7%) $356,932 (10.1%) 0.00 254
2020-03-01 $156,450 (5.3%) $359,656 (7.3%) 0.00 248
2020-04-01 $171,950 (7.5%) $389,981 (15.1%) 0.00 232
2020-05-01 $175,000 (16.7%) $417,506 (20.0%) 0.00 220
2020-06-01 $186,500 (13.0%) $449,824 (24.0%) 0.00 221
2020-07-01 $183,000 (4.6%) $431,893 (8.6%) 0.00 237
2020-08-01 $179,900 (2.9%) $417,101 (1.1%) 0.00 220
2020-09-01 $189,700 (10.5%) $423,665 (4.3%) 0.00 219
2020-10-01 $179,000 (8.5%) $376,402 (-4.3%) 0.00 211
2020-11-01 $165,250 (3.9%) $340,354 (-9.9%) 0.00 199
2020-12-01 $165,250 (10.5%) $363,853 (-6.3%) 0.00 174
2021-01-01 $160,000 (8.9%) $354,778 (-5.2%) 0.00 158
2021-02-01 $149,950 (-3.2%) $365,343 (2.4%) 0.00 139
2021-03-01 $165,500 (5.8%) $390,855 (8.7%) 0.00 126
2021-04-01 $147,000 (-14.5%) $426,480 (9.4%) 0.00 113
2021-05-01 $179,900 (2.8%) $453,375 (8.6%) 0.00 114
2021-06-01 $184,450 (-1.1%) $447,155 (-0.6%) 0.00 119
2021-07-01 $182,450 (-0.3%) $476,214 (10.3%) 0.00 125
2021-08-01 $187,450 (4.2%) $457,776 (9.8%) 0.00 135
2021-09-01 $185,000 (-2.5%) $406,754 (-4.0%) 0.00 135
2021-10-01 $175,000 (-2.2%) $398,672 (5.9%) 0.00 136
2021-11-01 $158,500 (-4.1%) $362,670 (6.6%) 0.00 130
2021-12-01 $154,450 (-6.5%) $380,311 (4.5%) 0.00 117
2022-01-01 $165,500 (3.4%) $380,854 (7.4%) 0.00 103
2022-02-01 $154,450 (3.0%) $323,558 (-11.4%) 0.00 104
2022-03-01 $160,950 (-2.8%) $304,154 (-22.2%) 0.00 99
2022-04-01 $165,500 (12.6%) $316,123 (-25.9%) 0.00 102
2022-05-01 $201,000 (11.7%) $339,665 (-25.1%) 0.00 110
Malone's median listing price for 2022-05-01 was $201,000, a difference of $21,100 (11.7%) versus the prior year and $35,500 versus the prior month.

Malone's median listing price comes in at 0% of the national average.

Malone's average listing price for 2022-05-01 was $339,665, a difference of $-113,710 (-25.1%) versus the prior year and $23,542 versus the prior month.

For the 2022-05-01 period, Malone had 110 MLS listings, a difference of 8 listings (8%) versus the prior month and -4 listings (-4%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Malone (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,559 sqft
2018-02-01 0 days 1,555 sqft
2018-03-01 0 days 1,551 sqft
2018-04-01 0 days 1,567 sqft
2018-05-01 0 days 1,559 sqft
2018-06-01 0 days 1,560 sqft
2018-07-01 0 days 1,558 sqft
2018-08-01 0 days 1,567 sqft
2018-09-01 0 days 1,588 sqft
2018-10-01 0 days 1,575 sqft
2018-11-01 0 days 1,586 sqft
2018-12-01 0 days 1,585 sqft
2019-01-01 0 days 1,614 sqft
2019-02-01 0 days 1,627 sqft
2019-03-01 0 days 1,650 sqft
2019-04-01 0 days 1,676 sqft
2019-05-01 0 days 1,633 sqft
2019-06-01 0 days 1,633 sqft
2019-07-01 0 days 1,632 sqft
2019-08-01 0 days 1,629 sqft
2019-09-01 0 days 1,624 sqft
2019-10-01 0 days 1,646 sqft
2019-11-01 0 days 1,633 sqft
2019-12-01 0 days 1,642 sqft
2020-01-01 0 days 1,631 sqft
2020-02-01 0 days 1,629 sqft
2020-03-01 0 days 1,677 sqft
2020-04-01 0 days 1,684 sqft
2020-05-01 0 days 1,700 sqft
2020-06-01 0 days 1,731 sqft
2020-07-01 0 days 1,791 sqft
2020-08-01 0 days 1,767 sqft
2020-09-01 0 days 1,768 sqft
2020-10-01 0 days 1,742 sqft
2020-11-01 0 days 1,724 sqft
2020-12-01 0 days 1,666 sqft
2021-01-01 0 days 1,637 sqft
2021-02-01 0 days 1,639 sqft
2021-03-01 0 days 1,656 sqft
2021-04-01 0 days 1,616 sqft
2021-05-01 0 days 1,680 sqft
2021-06-01 0 days 1,739 sqft
2021-07-01 0 days 1,793 sqft
2021-08-01 0 days 1,703 sqft
2021-09-01 0 days 1,702 sqft
2021-10-01 0 days 1,680 sqft
2021-11-01 0 days 1,638 sqft
2021-12-01 0 days 1,712 sqft
2022-01-01 0 days 1,752 sqft
2022-02-01 0 days 1,484 sqft
2022-03-01 0 days 1,443 sqft
2022-04-01 0 days 1,560 sqft
2022-05-01 0 days 1,566 sqft
Malone's median listing age (time on market) for 2022-05-01 was 0 days.

Malone's median square footage for active listings during the 2022-05-01 period was 1,566 sqft. One year prior, the average listing was 1,680 sqft.