Ogdensburg - Massena Mortgage Rates
30 Year Fixed Rate mortgages in Ogdensburg - Massena averaged
6%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
6.21% and
one month ago for the week of 2022-05-26, the
average rate was 5.4%.
Ogdensburg - Massena's average rate one year ago was 3.61%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.94%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
Ogdensburg - Massena 30 Year Fixed Rate | 2022-06-30 | 6% |
Ogdensburg - Massena 30 Year Fixed Rate Refi | 2022-06-30 | 5.94% |
Ogdensburg - Massena 15 Year Fixed Rate | 2022-06-30 | 5.3% |
Ogdensburg - Massena 15 Year Fixed Rate Refi | 2022-06-30 | 5.63% |
Ogdensburg - Massena 30 Year FHA | 2022-06-30 | 6.06% |
Ogdensburg - Massena 30 Year FHA Refi | 2022-06-30 | 6.35% |
Ogdensburg - Massena 30 Year USDA | 2022-06-30 | 5.69% |
Ogdensburg - Massena 30 Year VA | 2022-06-30 | 5.82% |
Ogdensburg - Massena 30 Year VA Refi | 2022-06-30 | 5.35% |
Ogdensburg - Massena 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 Ogdensburg-Massena, 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.).
Ogdensburg-Massena, NY's 59 lenders originated 1,517
loans during 2021. The total origination value was $194,175,000, with an average loan value of
$127,999.
The top Ogdensburg - Massena lender as defined by loan originations is Community Bank, with
124 loans originated. Their average total fees are
$370, which is $5,314
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Ogdensburg - Massena lenders (with over 10 loans originated) are
Community Bank ($370), Gouverneur Savings and Loan Association ($1,651), NORTHERN CREDIT UNION ($3,067), KeyBank ($3,330) and AMERICU Credit Union ($3,499).
The lowest rate Ogdensburg - Massena lenders (with over 10 loans originated) are
KeyBank (2.92%), NBT Bank (2.98%), Genesee Regional Bank (3.19%), AMERICU Credit Union (3.20%) and MOVEMENT MORTGAGE, LLC (3.20%).
Ogdensburg-Massena, 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 | $29,385,000 | $39,570,000 | 34.7% | 20.4% |
QUICKEN LOANS, LLC | $19,665,000 | $32,550,000 | 65.5% | 16.8% |
NORTHERN CREDIT UNION | $10,325,000 | $16,660,000 | 61.4% | 8.6% |
Gouverneur Savings and Loan Association | $8,475,000 | $12,995,000 | 53.3% | 6.7% |
KeyBank | $13,090,000 | $12,380,000 | -5.4% | 6.4% |
MOVEMENT MORTGAGE, LLC | $7,010,000 | $9,110,000 | 30.0% | 4.7% |
NBT Bank | $8,900,000 | $6,710,000 | -24.6% | 3.5% |
Genesee Regional Bank | $3,055,000 | $5,390,000 | 76.4% | 2.8% |
Farm Credit East, ACA | $3,620,000 | $3,840,000 | 6.1% | 2.0% |
AMERICU Credit Union | $5,040,000 | $3,460,000 | -31.3% | 1.8% |
HOMESTEAD FUNDING CORP. | $2,650,000 | $3,445,000 | 30.0% | 1.8% |
LOANDEPOT.COM, LLC | $2,360,000 | $3,245,000 | 37.5% | 1.7% |
JPMorgan Chase Bank | $335,000 | $2,445,000 | 629.9% | 1.3% |
NAVY FEDERAL CREDIT UNION | $1,355,000 | $2,240,000 | 65.3% | 1.2% |
Carthage Federal Savings and Loan Association | $4,235,000 | $1,885,000 | -55.5% | 1.0% |
Wells Fargo Bank | $1,100,000 | $1,840,000 | 67.3% | 0.9% |
Mortgage Research Center, LLC | $985,000 | $1,800,000 | 82.7% | 0.9% |
PLAZA HOME MORTGAGE, INC. | $1,290,000 | $1,660,000 | 28.7% | 0.9% |
PARAGON HOME LOANS INC. | $1,730,000 | $1,560,000 | -9.8% | 0.8% |
Citizens Bank | $270,000 | $1,535,000 | 468.5% | 0.8% |
Manufacturers and Traders Trust Company | $755,000 | $1,480,000 | 96.0% | 0.8% |
GUARANTEED RATE, INC. | $190,000 | $1,450,000 | 663.2% | 0.7% |
MLB RESIDENTIAL LENDING, LLC | $1,155,000 | $1,445,000 | 25.1% | 0.7% |
Mr. Cooper ( Nationstar Mortgage ) | $345,000 | $1,285,000 | 272.5% | 0.7% |
UNITED WHOLESALE MORTGAGE, LLC | $175,000 | $1,190,000 | 580.0% | 0.6% |
INLAND BANK & TRUST | $955,000 | n/a | 0.5% | |
OWNERSCHOICE FUNDING, INCORPORATED | $935,000 | $875,000 | -6.4% | 0.5% |
Barrington Bank & Trust Company, N.A. | $170,000 | $845,000 | 397.1% | 0.4% |
ROYAL UNITED MORTGAGE LLC | $860,000 | $720,000 | -16.3% | 0.4% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $550,000 | $660,000 | 20.0% | 0.3% |
21ST MORTGAGE CORPORATION | $145,000 | $645,000 | 344.8% | 0.3% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $645,000 | n/a | 0.3% | |
CCFCU FUNDING, LLC | $645,000 | n/a | 0.3% | |
CROSSCOUNTRY MORTGAGE, LLC | $1,090,000 | $630,000 | -42.2% | 0.3% |
Bank of America | $1,405,000 | $615,000 | -56.2% | 0.3% |
BETTER MORTGAGE CORPORATION | $105,000 | $595,000 | 466.7% | 0.3% |
HOME TOWN FUNDING, INC. | $670,000 | $585,000 | -12.7% | 0.3% |
1ST PRIORITY MORTGAGE, INC. | $550,000 | $575,000 | 4.5% | 0.3% |
CORNING | $795,000 | $570,000 | -28.3% | 0.3% |
FINANCE OF AMERICA MORTGAGE LLC | $540,000 | n/a | 0.3% | |
HUNT MORTGAGE CORPORATION | $115,000 | $495,000 | 330.4% | 0.3% |
VISIONS | $495,000 | n/a | 0.3% | |
FREEDOM MORTGAGE CORPORATION | $465,000 | $490,000 | 5.4% | 0.3% |
The Federal Savings Bank | $215,000 | $490,000 | 127.9% | 0.3% |
USAA Federal Savings Bank | $1,930,000 | $490,000 | -74.6% | 0.3% |
Empower Federal Credit Union | $625,000 | $480,000 | -23.2% | 0.2% |
NEWREZ LLC | $105,000 | $450,000 | 328.6% | 0.2% |
Paramount Bank | $450,000 | n/a | 0.2% | |
AMERICAN FINANCIAL NETWORK, INC. | $445,000 | n/a | 0.2% | |
UBS Bank USA | $445,000 | n/a | 0.2% | |
AMERICAN FINANCING CORPORATION | $215,000 | $385,000 | 79.1% | 0.2% |
KINECTA | $385,000 | n/a | 0.2% | |
The Lyons National Bank | $155,000 | $370,000 | 138.7% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $280,000 | $360,000 | 28.6% | 0.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $35,000 | $360,000 | 928.6% | 0.2% |
RELIANCE FIRST CAPITAL, LLC | $155,000 | $360,000 | 132.3% | 0.2% |
TEACHERS | $320,000 | $310,000 | -3.1% | 0.2% |
Third Federal Savings and Loan Association of Cleveland | $295,000 | n/a | 0.2% | |
THE SUMMIT Federal Credit Union | $285,000 | n/a | 0.1% | |
LYNX MORTGAGE BANK LLC | $255,000 | n/a | 0.1% | |
AMERICAN FEDERAL MORTGAGE CORPORATION | $245,000 | n/a | 0.1% | |
FIRST HERITAGE FEDERAL CREDIT UNION | $235,000 | n/a | 0.1% | |
Midland States Bank | $235,000 | n/a | 0.1% | |
RBC Bank, (Georgia) | $45,000 | $220,000 | 388.9% | 0.1% |
TD Bank | $930,000 | $210,000 | -77.4% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $160,000 | $200,000 | 25.0% | 0.1% |
HOME POINT FINANCIAL CORPORATION | $610,000 | $190,000 | -68.9% | 0.1% |
RESIDENTIAL MORTGAGE SERVICES, INC. | $185,000 | n/a | 0.1% | |
Premium Mortgage Corporation | $565,000 | $180,000 | -68.1% | 0.1% |
SEFCU SERVICES, LLC | $540,000 | $175,000 | -67.6% | 0.1% |
Bank of England | $65,000 | $170,000 | 161.5% | 0.1% |
BNC National Bank | $165,000 | n/a | 0.1% | |
Berkshire Bank | $145,000 | n/a | 0.1% | |
EagleBank | $145,000 | n/a | 0.1% | |
Meridian Bank Corporation | $145,000 | n/a | 0.1% | |
STATE EMPLOYEES FEDERAL CREDIT UNION | $145,000 | n/a | 0.1% | |
EMBRACE HOME LOANS, INC. | $205,000 | $135,000 | -34.1% | 0.1% |
Solvay Bank | $135,000 | n/a | 0.1% | |
TIAA, FSB | $385,000 | $125,000 | -67.5% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $125,000 | n/a | 0.1% | |
US MORTGAGE CORPORATION | $125,000 | n/a | 0.1% | |
DIGITAL Federal Credit Union | $115,000 | n/a | 0.1% | |
ESL Federal Credit Union | $115,000 | n/a | 0.1% | |
Evolve Bank & Trust | $115,000 | n/a | 0.1% | |
U.S. Bank | $900,000 | $115,000 | -87.2% | 0.1% |
FIRST SOURCE | $105,000 | n/a | 0.1% | |
NATIONWIDE MORTGAGE BANKERS, INC. | $105,000 | n/a | 0.1% | |
First Home Bank | $125,000 | $95,000 | -24.0% | 0.0% |
First National Bank of America | $95,000 | n/a | 0.0% | |
CALIBER HOME LOANS, INC. | $300,000 | $85,000 | -71.7% | 0.0% |
COMMONFUND MORTGAGE CORP. | $235,000 | $75,000 | -68.1% | 0.0% |
Peoples Security Bank and Trust Company | $65,000 | n/a | 0.0% | |
Discover Bank | $55,000 | $55,000 | 0.0% | 0.0% |
CREDIT HUMAN FEDERAL CREDIT UNION | $120,000 | $35,000 | -70.8% | 0.0% |
Ogdensburg - Massena's top lender by overall market share is Community Bank, with 20.4% market share. In second place, with 16.8%, is QUICKEN LOANS, LLC, having originated $32,550,000 in loans. In third place, with 8.6%, is NORTHERN CREDIT UNION, having originated $16,660,000 in loans. In third place, with 6.7%, is Gouverneur Savings and Loan Association, having originated $12,995,000 in loans. In third place, with 6.4%, is KeyBank, having originated $12,380,000 in loans.
Ogdensburg-Massena, NY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 743 | $101,345,000 | $136,400 |
Refi | 515 | $61,895,000 | $120,184 |
Cash Out Refi | 142 | $22,300,000 | $157,042 |
Home Improvement | 72 | $4,660,000 | $64,722 |
Other | 45 | $3,975,000 | $88,333 |
Ogdensburg - Massena's most frequently cited loan purpose was Home Purchase, with 743 originations. The 2nd most popular reason was Refi, with 515 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 639 | $78,815,000 | $123,341 |
2.5-3% | 579 | $78,695,000 | $135,915 |
<2.5% | 184 | $27,270,000 | $148,207 |
4-5% | 68 | $5,480,000 | $80,588 |
5-6% | 11 | $575,000 | $52,273 |
6-7% | 9 | $585,000 | $65,000 |
Over 8% | 4 | $320,000 | $80,000 |
7-8% | 3 | $295,000 | $98,333 |
During 2021, Ogdensburg - Massena's most frequently originated rate bucket was 3-4%, with 639 originations.
Loan Sizing (Ogdensburg-Massena, NY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 660 | $91,200,000 | $138,182 |
$100,000 or less | 629 | $40,695,000 | $64,698 |
$200k-400k | 211 | $54,225,000 | $256,991 |
$400k-600k | 17 | $8,055,000 | $473,824 |
Ogdensburg - Massena's loan sizing saw the bucket of loans from $100k-200k with 660 originations, totaling $91,200,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 646 | $88,730,000 | $137,353 |
60-80% | 519 | $71,925,000 | $138,584 |
40-60% | 174 | $20,060,000 | $115,287 |
20-40% | 92 | $5,740,000 | $62,391 |
Under 20% | 44 | $1,380,000 | $31,364 |
Over 100% | 16 | $3,080,000 | $192,500 |
Ogdensburg - Massena's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 646 originations, totaling $88,730,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Ogdensburg - Massena (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 | $105,000 (9.1%) | $142,654 (10.4%) | 0.00 | 639 |
2018-02-01 | $105,000 (8.3%) | $143,168 (9.4%) | 0.00 | 627 |
2018-03-01 | $99,900 (-0.1%) | $189,542 (38.5%) | 0.00 | 633 |
2018-04-01 | $111,500 (6.3%) | $191,352 (33.8%) | 0.00 | 685 |
2018-05-01 | $114,950 (9.5%) | $192,313 (34.0%) | 0.00 | 739 |
2018-06-01 | $120,000 (14.3%) | $192,775 (33.7%) | 0.00 | 813 |
2018-07-01 | $126,500 (17.1%) | $159,237 (8.6%) | 0.00 | 874 |
2018-08-01 | $125,000 (13.7%) | $157,735 (5.9%) | 0.00 | 868 |
2018-09-01 | $125,000 (13.6%) | $158,539 (5.4%) | 0.00 | 872 |
2018-10-01 | $121,000 (4.4%) | $157,178 (3.9%) | 0.00 | 944 |
2018-11-01 | $119,950 (9.5%) | $153,694 (2.9%) | 0.00 | 916 |
2018-12-01 | $119,900 (9.5%) | $152,967 (5.0%) | 0.00 | 848 |
2019-01-01 | $113,700 (8.3%) | $148,261 (3.9%) | 0.00 | 783 |
2019-02-01 | $112,950 (7.6%) | $145,510 (1.6%) | 0.00 | 781 |
2019-03-01 | $118,243 (18.4%) | $148,107 (-21.9%) | 0.00 | 765 |
2019-04-01 | $117,243 (5.2%) | $150,425 (-21.4%) | 0.00 | 769 |
2019-05-01 | $124,950 (8.7%) | $158,559 (-17.6%) | 0.00 | 816 |
2019-06-01 | $125,000 (4.2%) | $160,744 (-16.6%) | 0.00 | 848 |
2019-07-01 | $126,000 (-0.4%) | $162,469 (2.0%) | 0.00 | 851 |
2019-08-01 | $124,957 (0.0%) | $172,764 (9.5%) | 0.00 | 837 |
2019-09-01 | $124,907 (-0.1%) | $172,288 (8.7%) | 0.00 | 806 |
2019-10-01 | $128,750 (6.4%) | $160,941 (2.4%) | 0.00 | 751 |
2019-11-01 | $129,000 (7.5%) | $159,154 (3.6%) | 0.00 | 689 |
2019-12-01 | $129,000 (7.6%) | $159,370 (4.2%) | 0.00 | 647 |
2020-01-01 | $122,000 (7.3%) | $156,225 (5.4%) | 0.00 | 602 |
2020-02-01 | $120,000 (6.2%) | $154,935 (6.5%) | 0.00 | 599 |
2020-03-01 | $124,900 (5.6%) | $154,562 (4.4%) | 0.00 | 582 |
2020-04-01 | $122,000 (4.1%) | $155,713 (3.5%) | 0.00 | 566 |
2020-05-01 | $125,000 (0.0%) | $163,976 (3.4%) | 0.00 | 550 |
2020-06-01 | $129,900 (3.9%) | $169,665 (5.6%) | 0.00 | 500 |
2020-07-01 | $129,450 (2.7%) | $171,263 (5.4%) | 0.00 | 481 |
2020-08-01 | $135,000 (8.0%) | $170,253 (-1.5%) | 0.00 | 462 |
2020-09-01 | $128,000 (2.5%) | $170,917 (-0.8%) | 0.00 | 449 |
2020-10-01 | $125,000 (-2.9%) | $162,467 (1.0%) | 0.00 | 412 |
2020-11-01 | $125,000 (-3.1%) | $165,262 (3.8%) | 0.00 | 383 |
2020-12-01 | $120,000 (-7.0%) | $162,785 (2.1%) | 0.00 | 347 |
2021-01-01 | $120,000 (-1.6%) | $157,899 (1.1%) | 0.00 | 303 |
2021-02-01 | $119,000 (-0.8%) | $152,158 (-1.8%) | 0.00 | 285 |
2021-03-01 | $122,500 (-1.9%) | $168,239 (8.9%) | 0.00 | 262 |
2021-04-01 | $130,750 (7.2%) | $176,803 (13.5%) | 0.00 | 262 |
2021-05-01 | $149,000 (19.2%) | $188,198 (14.8%) | 0.00 | 273 |
2021-06-01 | $149,450 (15.1%) | $190,911 (12.5%) | 0.00 | 307 |
2021-07-01 | $148,750 (14.9%) | $190,798 (11.4%) | 0.00 | 320 |
2021-08-01 | $148,500 (10.0%) | $188,624 (10.8%) | 0.00 | 318 |
2021-09-01 | $147,000 (14.8%) | $190,700 (11.6%) | 0.00 | 314 |
2021-10-01 | $138,500 (10.8%) | $183,206 (12.8%) | 0.00 | 304 |
2021-11-01 | $127,000 (1.6%) | $179,446 (8.6%) | 0.00 | 274 |
2021-12-01 | $110,000 (-8.3%) | $164,419 (1.0%) | 0.00 | 264 |
2022-01-01 | $105,000 (-12.5%) | $154,442 (-2.2%) | 0.00 | 232 |
2022-02-01 | $100,000 (-16.0%) | $149,560 (-1.7%) | 0.00 | 216 |
2022-03-01 | $102,450 (-16.4%) | $167,808 (-0.3%) | 0.00 | 164 |
2022-04-01 | $125,000 (-4.4%) | $175,036 (-1.0%) | 0.00 | 177 |
2022-05-01 | $137,450 (-7.8%) | $184,675 (-1.9%) | 0.00 | 202 |
2022-06-01 | $138,450 (-7.4%) | $198,220 (3.8%) | 0.00 | 234 |
Ogdensburg - Massena's median listing price comes in at 0% of the national average.
Ogdensburg - Massena's average listing price for 2022-06-01 was $198,220, a difference of $7,309 (3.8%) versus the prior year and $13,545 versus the prior month.
For the 2022-06-01 period, Ogdensburg - Massena had 234 MLS listings, a difference of 32 listings (16%) versus the prior month and -73 listings (-24%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Ogdensburg - Massena (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,562 sqft |
2018-02-01 | 0 days | 1,575 sqft |
2018-03-01 | 0 days | 1,592 sqft |
2018-04-01 | 0 days | 1,621 sqft |
2018-05-01 | 0 days | 1,601 sqft |
2018-06-01 | 0 days | 1,591 sqft |
2018-07-01 | 0 days | 1,584 sqft |
2018-08-01 | 0 days | 1,572 sqft |
2018-09-01 | 0 days | 1,574 sqft |
2018-10-01 | 0 days | 1,579 sqft |
2018-11-01 | 0 days | 1,620 sqft |
2018-12-01 | 0 days | 1,620 sqft |
2019-01-01 | 0 days | 1,599 sqft |
2019-02-01 | 0 days | 1,600 sqft |
2019-03-01 | 0 days | 1,594 sqft |
2019-04-01 | 0 days | 1,580 sqft |
2019-05-01 | 0 days | 1,575 sqft |
2019-06-01 | 0 days | 1,568 sqft |
2019-07-01 | 0 days | 1,562 sqft |
2019-08-01 | 0 days | 1,560 sqft |
2019-09-01 | 0 days | 1,563 sqft |
2019-10-01 | 0 days | 1,585 sqft |
2019-11-01 | 0 days | 1,596 sqft |
2019-12-01 | 0 days | 1,600 sqft |
2020-01-01 | 0 days | 1,600 sqft |
2020-02-01 | 0 days | 1,584 sqft |
2020-03-01 | 0 days | 1,600 sqft |
2020-04-01 | 0 days | 1,609 sqft |
2020-05-01 | 0 days | 1,620 sqft |
2020-06-01 | 0 days | 1,610 sqft |
2020-07-01 | 0 days | 1,658 sqft |
2020-08-01 | 0 days | 1,680 sqft |
2020-09-01 | 0 days | 1,651 sqft |
2020-10-01 | 0 days | 1,656 sqft |
2020-11-01 | 0 days | 1,672 sqft |
2020-12-01 | 0 days | 1,656 sqft |
2021-01-01 | 0 days | 1,620 sqft |
2021-02-01 | 0 days | 1,572 sqft |
2021-03-01 | 0 days | 1,612 sqft |
2021-04-01 | 0 days | 1,670 sqft |
2021-05-01 | 0 days | 1,656 sqft |
2021-06-01 | 0 days | 1,630 sqft |
2021-07-01 | 0 days | 1,654 sqft |
2021-08-01 | 0 days | 1,620 sqft |
2021-09-01 | 0 days | 1,599 sqft |
2021-10-01 | 0 days | 1,583 sqft |
2021-11-01 | 0 days | 1,579 sqft |
2021-12-01 | 0 days | 1,532 sqft |
2022-01-01 | 0 days | 1,500 sqft |
2022-02-01 | 0 days | 1,478 sqft |
2022-03-01 | 0 days | 1,534 sqft |
2022-04-01 | 0 days | 1,480 sqft |
2022-05-01 | 0 days | 1,506 sqft |
2022-06-01 | 0 days | 1,506 sqft |
Ogdensburg - Massena's median square footage for active listings during the 2022-06-01 period was 1,506 sqft. One year prior, the average listing was 1,630 sqft.