Ogdensburg - Massena Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Ogdensburg - Massena averaged
7.15%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
7.05% and
one month ago for the week of 2025-05-29, the
average rate was 7.07%.
Ogdensburg - Massena's average rate one year ago was 7.24%.
For refis of the same type during the week of 2025-07-03, the average rate
was 7.07%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Ogdensburg - Massena 30 Year Fixed Rate | 2025-07-03 | 7.15% |
| Ogdensburg - Massena 30 Year Fixed Rate Refi | 2025-07-03 | 7.07% |
| Ogdensburg - Massena 15 Year Fixed Rate | 2025-07-03 | 5.9% |
| Ogdensburg - Massena 15 Year Fixed Rate Refi | 2025-07-03 | 5.8% |
| Ogdensburg - Massena 30 Year FHA | 2025-07-03 | -0.1% |
| Ogdensburg - Massena 30 Year FHA Refi | 2025-07-03 | 0.2% |
| Ogdensburg - Massena 30 Year USDA | 2025-07-03 | 0.1% |
| Ogdensburg - Massena 30 Year USDA Refi | 2025-07-03 | 0.2% |
| Ogdensburg - Massena 30 Year VA | 2025-07-03 | -0.1% |
| Ogdensburg - Massena 30 Year VA Refi | 2025-07-03 | 0% |
Ogdensburg - Massena 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 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 Average Closing Costs & Other Stats
Ogdensburg-Massena, NY's 48 lenders originated 807
loans during 2024. The total origination value was $109,045,000, with an average loan value of
$135,124.
Ogdensburg - Massena's average closing costs are $4,008.
The top Ogdensburg - Massena lender as defined by loan originations is Community Bank, with
80 loans originated. Their average total fees are
$1,047, which is $4,895
lower than the next largest lender,
MOVEMENT MORTGAGE, LLC.
The lowest fee Ogdensburg - Massena lenders (with over 10 loans originated) are
Community Bank ($1,047), Gouverneur Savings and Loan Association ($1,418), AMERICU Credit Union ($4,313), KeyBank ($4,636) and NORTHERN CREDIT UNION ($4,710).
The lowest rate Ogdensburg - Massena lenders (with over 10 loans originated) are
KeyBank (6.29%), AMERICU Credit Union (6.38%), Gouverneur Savings and Loan Association (6.66%), MOVEMENT MORTGAGE, LLC (6.81%) and NORTHERN CREDIT UNION (6.83%).
Ogdensburg-Massena, NY 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| Community Bank | $19,770,000 | $20,855,000 | 5.5% | 19.1% |
| NORTHERN CREDIT UNION | $9,305,000 | $13,105,000 | 40.8% | 12.0% |
| QUICKEN LOANS, LLC | $10,475,000 | $11,575,000 | 10.5% | 10.6% |
| MOVEMENT MORTGAGE, LLC | $5,650,000 | $10,335,000 | 82.9% | 9.5% |
| Gouverneur Savings and Loan Association | $6,240,000 | $7,075,000 | 13.4% | 6.5% |
| AMERICU Credit Union | $1,355,000 | $5,175,000 | 281.9% | 4.7% |
| Farm Credit East, ACA | $1,930,000 | $3,335,000 | 72.8% | 3.1% |
| Mortgage Research Center, LLC | $4,310,000 | $3,215,000 | -25.4% | 2.9% |
| NBT Bank | $4,675,000 | $3,095,000 | -33.8% | 2.8% |
| KeyBank | $2,055,000 | $2,555,000 | 24.3% | 2.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $965,000 | $2,135,000 | 121.2% | 2.0% |
| HOMESTEAD FUNDING CORP. | $2,330,000 | $1,930,000 | -17.2% | 1.8% |
| Wells Fargo Bank | $825,000 | $1,815,000 | 120.0% | 1.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $105,000 | $1,540,000 | 1,366.7% | 1.4% |
| Carthage Federal Savings and Loan Association | $1,900,000 | $1,400,000 | -26.3% | 1.3% |
| NAVY FEDERAL CREDIT UNION | $1,855,000 | $1,150,000 | -38.0% | 1.1% |
| TD Bank | $520,000 | $1,140,000 | 119.2% | 1.0% |
| USAA Federal Savings Bank | $445,000 | $1,140,000 | 156.2% | 1.0% |
| PLAZA HOME MORTGAGE, INC. | $1,395,000 | $1,030,000 | -26.2% | 0.9% |
| JPMorgan Chase Bank | $690,000 | $1,020,000 | 47.8% | 0.9% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $560,000 | $790,000 | 41.1% | 0.7% |
| SEFCU SERVICES, LLC | $875,000 | $740,000 | -15.4% | 0.7% |
| U.S. Bank | $715,000 | $720,000 | 0.7% | 0.7% |
| M&T Bank | $215,000 | $670,000 | 211.6% | 0.6% |
| Genesee Regional Bank | $3,065,000 | $605,000 | -80.3% | 0.6% |
| Barrington Bank & Trust Company, N.A. | $310,000 | $565,000 | 82.3% | 0.5% |
| Citizens Bank | $730,000 | $550,000 | -24.7% | 0.5% |
| Empower Federal Credit Union | $720,000 | $520,000 | -27.8% | 0.5% |
| ROYAL UNITED MORTGAGE LLC | $340,000 | $455,000 | 33.8% | 0.4% |
| LOANDEPOT.COM, LLC | $395,000 | $445,000 | 12.7% | 0.4% |
| Premium Mortgage Corporation | $700,000 | $435,000 | -37.9% | 0.4% |
| Citibank | $440,000 | $415,000 | -5.7% | 0.4% |
| 21ST MORTGAGE CORPORATION | $135,000 | $395,000 | 192.6% | 0.4% |
| NEWREZ LLC | $265,000 | $380,000 | 43.4% | 0.3% |
| OWNERSCHOICE FUNDING, INCORPORATED | $330,000 | n/a | 0.3% | |
| First Horizon Bank | $325,000 | n/a | 0.3% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,410,000 | $305,000 | -78.4% | 0.3% |
| CARDINAL FINANCIAL | $165,000 | $305,000 | 84.8% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $890,000 | $280,000 | -68.5% | 0.3% |
| Magnolia Bank | $270,000 | n/a | 0.2% | |
| Chemung Canal Trust Company | $265,000 | n/a | 0.2% | |
| Discover Bank | $285,000 | $265,000 | -7.0% | 0.2% |
| Ally Bank | $145,000 | $245,000 | 69.0% | 0.2% |
| OceanFirst Bank | $225,000 | n/a | 0.2% | |
| Bank of America | $215,000 | $205,000 | -4.7% | 0.2% |
| CITIZENS EQUITY FIRST | $195,000 | n/a | 0.2% | |
| MID AMERICA MORTGAGE, INC. | $85,000 | $195,000 | 129.4% | 0.2% |
| LIMA ONE CAPITAL, LLC | $105,000 | $190,000 | 81.0% | 0.2% |
| BROKER SOLUTIONS, INC. | $185,000 | n/a | 0.2% | |
| GPO Federal Credit Union | $175,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $145,000 | $165,000 | 13.8% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $225,000 | $155,000 | -31.1% | 0.1% |
| AMWEST FUNDING CORP. | $150,000 | n/a | 0.1% | |
| DIGITAL Federal Credit Union | $145,000 | n/a | 0.1% | |
| Leader Bank | $135,000 | n/a | 0.1% | |
| United Nations Federal Credit Union | $135,000 | n/a | 0.1% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $105,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $615,000 | $105,000 | -82.9% | 0.1% |
| Raymond James Bank | $105,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $95,000 | $105,000 | 10.5% | 0.1% |
| A&D Mortgage LLC | $95,000 | n/a | 0.1% | |
| PENNYMAC LOAN SERVICES, LLC | $160,000 | $95,000 | -40.6% | 0.1% |
| PLANET HOME LENDING, LLC | $95,000 | n/a | 0.1% | |
| Bethpage Federal Credit Union | $200,000 | $75,000 | -62.5% | 0.1% |
| CONTOUR MORTGAGE CORPORATION | $180,000 | $75,000 | -58.3% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $150,000 | $75,000 | -50.0% | 0.1% |
| MID-ISLAND MORTGAGE CORP. | $65,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $85,000 | $45,000 | -47.1% | 0.0% |
| Tompkins Trust Company | $45,000 | n/a | 0.0% | |
| CORNING | $25,000 | $25,000 | 0.0% | 0.0% |
Ogdensburg - Massena's top lender by overall market share is Community Bank, with 19.1% market share. In second place, with 12.0%, is NORTHERN CREDIT UNION, having originated $13,105,000 in loans. In third place, with 10.6%, is QUICKEN LOANS, LLC, having originated $11,575,000 in loans. In fourth place, with 9.5%, is MOVEMENT MORTGAGE, LLC, having originated $10,335,000 in loans. In fifth place, with 6.5%, is Gouverneur Savings and Loan Association, having originated $7,075,000 in loans.
Ogdensburg-Massena, NY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 480 | $80,460,000 | $167,625 |
| Home Improvement | 111 | $6,755,000 | $60,856 |
| Other | 87 | $5,835,000 | $67,069 |
| Refi | 68 | $7,990,000 | $117,500 |
| Cash Out Refi | 61 | $8,005,000 | $131,230 |
Ogdensburg - Massena's most frequently cited loan purpose was Home Purchase, with 480 originations. The 2nd most popular reason was Home Improvement, with 111 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 7-8% | 278 | $36,500,000 | $131,295 |
| 6-7% | 273 | $43,285,000 | $158,553 |
| Over 8% | 107 | $10,025,000 | $93,692 |
| 5-6% | 91 | $13,345,000 | $146,648 |
| 4-5% | 19 | $2,335,000 | $122,895 |
| 3-4% | 14 | $1,330,000 | $95,000 |
| <2.5% | 10 | $310,000 | $31,000 |
During 2024, Ogdensburg - Massena's most frequently originated rate bucket was 7-8%, with 278 originations.
Loan Sizing (Ogdensburg-Massena, NY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 370 | $21,160,000 | $57,189 |
| $100k-200k | 280 | $39,590,000 | $141,393 |
| $200k-400k | 134 | $34,780,000 | $259,552 |
| $400k-600k | 19 | $8,985,000 | $472,895 |
| $600k-1000k | 2 | $1,290,000 | $645,000 |
| $Over $1MM | 2 | $3,240,000 | $1,620,000 |
Ogdensburg - Massena's loan sizing saw the bucket of loans from $100,000 or less with 370 originations, totaling $21,160,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 358 | $60,210,000 | $168,184 |
| 60-80% | 166 | $26,520,000 | $159,759 |
| 20-40% | 110 | $6,800,000 | $61,818 |
| 40-60% | 90 | $9,640,000 | $107,111 |
| Under 20% | 61 | $2,375,000 | $38,934 |
| Over 100% | 6 | $1,490,000 | $248,333 |
Ogdensburg - Massena's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 358 originations, totaling $60,210,000 in origination value.