Ontario Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Ontario averaged 6.21% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.5% and one month ago for the week of 2024-11-07, the average rate was 6.8%.

    Ontario's average rate one year ago was 7.04%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Ontario 30 Year Fixed Rate 2024-12-12 6.21%
    Ontario 30 Year Fixed Rate Refi 2024-12-12 6.7%
    Ontario 15 Year Fixed Rate 2024-12-12 6.04%
    Ontario 15 Year Fixed Rate Refi 2024-12-12 5.84%
    Ontario 30 Year FHA 2024-12-12 5.92%
    Ontario 30 Year FHA Refi 2024-12-12 6.48%
    Ontario 30 Year USDA 2024-12-12 6.2%
    Ontario 30 Year USDA Refi 2024-12-12 6.3%
    Ontario 30 Year VA 2024-12-12 5.88%
    Ontario 30 Year VA Refi 2024-12-12 6.28%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Ontario, OR-ID.

    Ontario 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 Ontario, OR-ID 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 28 6.64% $8,176
    FIRST COLONY MORTGAGE CORPORATION 25 6.45% $8,600
    ROGUE 23 6.90% $4,674
    UNITED WHOLESALE MORTGAGE, LLC 19 6.51% $9,656
    IDAHO CENTRAL 17 6.70% $7,844
    U.S. Bank 11 6.03% $6,211
    Zions Bank 11 6.24% $5,147
    GUILD MORTGAGE COMPANY 10 6.83% $8,477
    MOVEMENT MORTGAGE, LLC 9 6.91% $9,698
    ACADEMY MORTGAGE CORPORATION 9 7.17% $8,671
    D. L. Evans Bank 7 6.09% $5,278
    AMERICAN PACIFIC MORTGAGE CORPORATION 7 7.27% $6,543
    LOANDEPOT.COM, LLC 7 6.66% $8,363
    PREMIER MORTGAGE RESOURCES, L.L.C. 7 7.09% $10,513
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.04% $7,428
    Wells Fargo Bank 6 7.02% $6,380
    CHURCHILL MORTGAGE CORPORATION 5 7.33% $9,159
    JPMorgan Chase Bank 5 7.27% $4,628
    Mr. Cooper ( Nationstar Mortgage ) 5 6.60% $9,227
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.96% $10,767
    S1L, Inc. 3 6.50% $5,909
    SUMMIT MORTGAGE CORPORATION 3 6.12% $5,955
    CASTLE & COOKE MORTGAGE, LLC 2 6.88% $13,690
    CAPITAL EDUCATORS FEDERAL CREDIT UNION 2 5.88% $4,386
    The Loan Store, Inc. 2 7.50% $4,910
    Bank of Idaho 2 6.92% $6,844
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.69% $8,757
    MUTUAL OF OMAHA MORTGAGE, INC. 2 7.25% $6,733
    NEWREZ LLC 2 6.56% $6,090
    Northwest Farm Credit Services, FLCA 2 6.95% $13,400
    Banner Bank 2 6.56% $5,458
    AMERISAVE MORTGAGE CORPORATION 2 6.56% $12,037
    First Federal Savings Bank of Twin Falls 2 5.88% $9,669
    Flagstar Bank, FSB 2 6.06% $8,167
    Willamette Valley Bank 2 6.50% $9,448
    Potlatch No. 1 Financial Credit Union 1 5.50% $8,508
    Ally Bank 1 7.50% $3,120
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $14,035
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.62% $10,398
    SAMMAMISH MORTGAGE COMPANY 1 6.13% $8,753
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.88% $9,854
    Sierra Pacific Mortgage Company, Inc. 1 7.00% $13,677
    SIRVA MORTGAGE, INC. 1 6.88% $0
    Umpqua Bank 1 5.88% $6,256
    Unitus Community Credit Union 1 5.88% $12,183
    AMCAP MORTGAGE, LTD. 1 6.49% $13,792
    VERITAS FUNDING, LLC 1 6.38% $7,132
    Boeing Employees Credit Union 1 5.75% $3,811
    BETTER MORTGAGE CORPORATION 1 6.75% $2,596
    BROKER SOLUTIONS, INC. 1 6.75% $6,728
    CALCON MUTUAL MORTGAGE LLC 1 7.25% $8,882
    CARDINAL FINANCIAL 1 6.50% $10,356
    Charles Schwab Bank, SSB 1 5.85% $18,330
    Citizens Bank 1 6.00% $5,428
    CMG MORTGAGE, INC. 1 7.38% $4,001
    CORNERSTONE HOME LENDING, INC. 1 6.13% $7,577
    DIRECT MORTGAGE, CORP. 1 7.00% $4,847
    1st Security Bank of Washington 1 6.50% $9,163
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.63% $6,719
    Gateway First Bank 1 6.75% $7,138
    Bank of America 1 7.00% $7,199
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.13% $5,928
    AXIA FINANCIAL, LLC 1 6.13% $8,941
    JMJ FINANCIAL GROUP 1 7.38% $8,614
    KeyBank 1 5.50% $5,001
    LENOX FINANCIAL MORTGAGE CORPORATION 1 6.25% $6,704
    MOUNTAIN AMERICA 1 5.63% $2,617
    Arvest Bank 1 6.88% $4,740
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.50% $12,454

    Ontario Average Closing Costs & Other Stats

    Ontario, OR-ID's 69 lenders originated 1,001 loans during 2023. The total origination value was $216,055,000, with an average loan value of $215,839.

    Ontario's average closing costs are $6,426.

    The top Ontario lender as defined by loan originations is QUICKEN LOANS, LLC, with 28 loans originated. Their average total fees are $8,176, which is $424 lower than the next largest lender, FIRST COLONY MORTGAGE CORPORATION.

    The lowest fee Ontario lenders (with over 10 loans originated) are ROGUE ($4,674), Zions Bank ($5,147), U.S. Bank ($6,211), IDAHO CENTRAL ($7,844) and QUICKEN LOANS, LLC ($8,176).

    The lowest rate Ontario lenders (with over 10 loans originated) are U.S. Bank (6.03%), Zions Bank (6.24%), FIRST COLONY MORTGAGE CORPORATION (6.45%), UNITED WHOLESALE MORTGAGE, LLC (6.51%) and QUICKEN LOANS, LLC (6.64%).

    Ontario, OR-ID 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    QUICKEN LOANS, LLC $24,855,000 $16,060,000 -35.4% 7.4%
    ACADEMY MORTGAGE CORPORATION $28,570,000 $16,025,000 -43.9% 7.4%
    IDAHO CENTRAL $22,020,000 $15,555,000 -29.4% 7.2%
    FIRST COLONY MORTGAGE CORPORATION $26,345,000 $15,540,000 -41.0% 7.2%
    UNITED WHOLESALE MORTGAGE, LLC $9,340,000 $11,890,000 27.3% 5.5%
    ROGUE $13,820,000 $11,225,000 -18.8% 5.2%
    Zions Bank $5,470,000 $7,900,000 44.4% 3.7%
    GUILD MORTGAGE COMPANY $8,260,000 $6,860,000 -16.9% 3.2%
    U.S. Bank $11,585,000 $6,120,000 -47.2% 2.8%
    LOANDEPOT.COM, LLC $10,040,000 $5,045,000 -49.8% 2.3%
    PREMIER MORTGAGE RESOURCES, L.L.C. $5,645,000 $4,985,000 -11.7% 2.3%
    MOVEMENT MORTGAGE, LLC $7,250,000 $4,835,000 -33.3% 2.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $11,255,000 $4,430,000 -60.6% 2.1%
    D. L. Evans Bank $6,425,000 $4,380,000 -31.8% 2.0%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $5,735,000 $3,640,000 -36.5% 1.7%
    AMERICAN PACIFIC MORTGAGE CORPORATION $2,005,000 $3,000,000 49.6% 1.4%
    WALKER & DUNLOP, LLC $2,735,000 n/a 1.3%
    S1L, Inc. $3,315,000 $2,695,000 -18.7% 1.2%
    Mortgage Research Center, LLC $5,810,000 $2,630,000 -54.7% 1.2%
    CMG MORTGAGE, INC. $2,810,000 $2,360,000 -16.0% 1.1%
    Bank Five Nine $2,345,000 n/a 1.1%
    MOUNTAIN AMERICA $2,435,000 $2,045,000 -16.0% 0.9%
    Umpqua Bank $6,635,000 $1,965,000 -70.4% 0.9%
    CLEARPATH LENDING $195,000 $1,890,000 869.2% 0.9%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $5,480,000 $1,795,000 -67.2% 0.8%
    Barrington Bank & Trust Company, N.A. $395,000 $1,680,000 325.3% 0.8%
    Wells Fargo Bank $1,035,000 $1,610,000 55.6% 0.7%
    Charles Schwab Bank, SSB $1,605,000 n/a 0.7%
    CHURCHILL MORTGAGE CORPORATION $565,000 $1,455,000 157.5% 0.7%
    Northwest Farm Credit Services, FLCA $780,000 $1,440,000 84.6% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $1,950,000 $1,390,000 -28.7% 0.6%
    PENNYMAC LOAN SERVICES, LLC $5,855,000 $1,390,000 -76.3% 0.6%
    CASTLE & COOKE MORTGAGE, LLC $1,385,000 n/a 0.6%
    NEWREZ LLC $1,000,000 $1,360,000 36.0% 0.6%
    The Federal Savings Bank $1,090,000 $1,350,000 23.9% 0.6%
    CARDINAL FINANCIAL $915,000 $1,335,000 45.9% 0.6%
    Flagstar Bank, FSB $5,360,000 $1,320,000 -75.4% 0.6%
    AMERISAVE MORTGAGE CORPORATION $3,890,000 $1,300,000 -66.6% 0.6%
    AXIA FINANCIAL, LLC $1,125,000 $1,285,000 14.2% 0.6%
    CALCON MUTUAL MORTGAGE LLC $255,000 $1,245,000 388.2% 0.6%
    FREEDOM MORTGAGE CORPORATION $4,795,000 $1,130,000 -76.4% 0.5%
    1st Security Bank of Washington $1,110,000 n/a 0.5%
    JPMorgan Chase Bank $1,050,000 $990,000 -5.7% 0.5%
    Washington Federal Bank $7,325,000 $935,000 -87.2% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,110,000 $910,000 -18.0% 0.4%
    BAY EQUITY LLC $425,000 $870,000 104.7% 0.4%
    First Federal Savings Bank of Twin Falls $1,220,000 $870,000 -28.7% 0.4%
    SUMMIT MORTGAGE CORPORATION $660,000 $870,000 31.8% 0.4%
    Waterstone Mortgage Corporation $1,280,000 $785,000 -38.7% 0.4%
    GUARANTEED RATE, INC. $1,110,000 $770,000 -30.6% 0.4%
    Sierra Pacific Mortgage Company, Inc. $255,000 $760,000 198.0% 0.4%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $2,415,000 $700,000 -71.0% 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,940,000 $665,000 -65.7% 0.3%
    Gateway First Bank $3,345,000 $640,000 -80.9% 0.3%
    Washington Trust Bank $155,000 $605,000 290.3% 0.3%
    Bank of Idaho $600,000 n/a 0.3%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $185,000 $590,000 218.9% 0.3%
    VERITAS FUNDING, LLC $670,000 $590,000 -11.9% 0.3%
    Sunflower Bank $585,000 n/a 0.3%
    SUMMIT FUNDING, INC. $1,280,000 $570,000 -55.5% 0.3%
    The Loan Store, Inc. $570,000 n/a 0.3%
    LOANPAL, LLC $355,000 $565,000 59.2% 0.3%
    First Interstate Bank $2,880,000 $560,000 -80.6% 0.3%
    KeyBank $2,380,000 $560,000 -76.5% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $1,835,000 $540,000 -70.6% 0.2%
    NEW DAY FINANCIAL, LLC $510,000 n/a 0.2%
    Unitus Community Credit Union $505,000 n/a 0.2%
    Potlatch No. 1 Financial Credit Union $615,000 $500,000 -18.7% 0.2%
    UNION HOME MORTGAGE CORP. $500,000 n/a 0.2%
    LENOX FINANCIAL MORTGAGE CORPORATION $475,000 n/a 0.2%
    Bank of America $150,000 $470,000 213.3% 0.2%
    BROKER SOLUTIONS, INC. $2,440,000 $465,000 -80.9% 0.2%
    Banner Bank $760,000 $460,000 -39.5% 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $1,560,000 $455,000 -70.8% 0.2%
    Willamette Valley Bank $2,785,000 $450,000 -83.8% 0.2%
    CAPITAL EDUCATORS FEDERAL CREDIT UNION $2,120,000 $415,000 -80.4% 0.2%
    OCMBC, INC. $220,000 $395,000 79.5% 0.2%
    HOMESIDE FINANCIAL, LLC $385,000 n/a 0.2%
    SIRVA MORTGAGE, INC. $105,000 $385,000 266.7% 0.2%
    Figure Lending LLC $395,000 $355,000 -10.1% 0.2%
    FINANCE OF AMERICA REVERSE LLC $885,000 $355,000 -59.9% 0.2%
    INTERCAP LENDING INC. $365,000 $355,000 -2.7% 0.2%
    SAMMAMISH MORTGAGE COMPANY $325,000 n/a 0.2%
    Northpointe Bank $295,000 $315,000 6.8% 0.1%
    WESTMARK Credit Union $555,000 $310,000 -44.1% 0.1%
    Ally Bank $635,000 $305,000 -52.0% 0.1%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $305,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $1,065,000 $305,000 -71.4% 0.1%
    AMCAP MORTGAGE, LTD. $195,000 $295,000 51.3% 0.1%
    JMJ FINANCIAL GROUP $295,000 n/a 0.1%
    USAA Federal Savings Bank $1,655,000 $285,000 -82.8% 0.1%
    ZILLOW HOME LOANS, LLC $890,000 $285,000 -68.0% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $790,000 $275,000 -65.2% 0.1%
    PIONEER $1,560,000 $270,000 -82.7% 0.1%
    PLAZA HOME MORTGAGE, INC. $420,000 $265,000 -36.9% 0.1%
    First Savings Bank $255,000 n/a 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $305,000 $255,000 -16.4% 0.1%
    AMERICAN FINANCING CORPORATION $1,230,000 $245,000 -80.1% 0.1%
    Commerce Home Mortgage, Inc. $225,000 $245,000 8.9% 0.1%
    NAVY FEDERAL CREDIT UNION $1,020,000 $240,000 -76.5% 0.1%
    Magnolia Bank $235,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $205,000 $225,000 9.8% 0.1%
    PACIFIC RESIDENTIAL MORTGAGE, LLC $2,465,000 $225,000 -90.9% 0.1%
    Discover Bank $220,000 $220,000 0.0% 0.1%
    HomeStreet Bank $170,000 $215,000 26.5% 0.1%
    NATIONS DIRECT MORTGAGE, LLC $750,000 $215,000 -71.3% 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $145,000 $215,000 48.3% 0.1%
    Loan Simple, Inc. $435,000 $210,000 -51.7% 0.1%
    BMO Harris Bank $205,000 n/a 0.1%
    Franklin Loan Corporation $205,000 n/a 0.1%
    PNC Bank $550,000 $205,000 -62.7% 0.1%
    SECURITYNATIONAL MORTGAGE COMPANY $205,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $300,000 $190,000 -36.7% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $245,000 $180,000 -26.5% 0.1%
    AMWEST FUNDING CORP. $175,000 n/a 0.1%
    Arvest Bank $175,000 n/a 0.1%
    CORNERSTONE HOME LENDING, INC. $175,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $35,000 $165,000 371.4% 0.1%
    VILLAGE CAPITAL MORTGAGE $1,475,000 $165,000 -88.8% 0.1%
    ALLIANT CREDIT UNION $155,000 n/a 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $155,000 n/a 0.1%
    LIMA ONE CAPITAL, LLC $145,000 n/a 0.1%
    OnPoint Community Credit Union $225,000 $145,000 -35.6% 0.1%
    DIRECT MORTGAGE, CORP. $115,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $145,000 $115,000 -20.7% 0.1%
    Coastal Community Bank $110,000 n/a 0.1%
    Boeing Employees Credit Union $105,000 n/a 0.0%
    CHERRY CREEK MORTGAGE, LLC $95,000 n/a 0.0%
    Citizens Bank $95,000 n/a 0.0%
    SPRING EQ, LLC $65,000 $95,000 46.2% 0.0%
    Community First Bank $85,000 n/a 0.0%
    Paramount Residential Mortgage Group, Inc. $1,090,000 $85,000 -92.2% 0.0%
    PHH Mortgage Corporation $560,000 $85,000 -84.8% 0.0%
    CHEVRON $75,000 n/a 0.0%
    HORIZON $180,000 $50,000 -72.2% 0.0%
    OREGON COMMUNITY $45,000 n/a 0.0%
    Carrington Mortgage Services, LLC $925,000 $25,000 -97.3% 0.0%

    Ontario's top lender by overall market share is QUICKEN LOANS, LLC, with 7.4% market share. In second place, with 7.4%, is ACADEMY MORTGAGE CORPORATION, having originated $16,025,000 in loans. In third place, with 7.2%, is IDAHO CENTRAL, having originated $15,555,000 in loans. In fourth place, with 7.2%, is FIRST COLONY MORTGAGE CORPORATION, having originated $15,540,000 in loans. In fifth place, with 5.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $11,890,000 in loans.

    Ontario Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Ontario (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 $179,900 (18.0%) $238,375 (13.1%) 0.00 164
    2018-02-01 $179,925 (16.2%) $241,406 (16.3%) 0.00 149
    2018-03-01 $190,999 (17.9%) $249,466 (17.3%) 0.00 129
    2018-04-01 $198,600 (17.6%) $250,847 (17.1%) 0.00 129
    2018-05-01 $204,450 (21.2%) $253,510 (16.1%) 0.00 138
    2018-06-01 $214,000 (20.4%) $272,331 (23.8%) 0.00 153
    2018-07-01 $223,950 (24.8%) $287,137 (25.4%) 0.00 154
    2018-08-01 $231,750 (35.4%) $287,820 (26.3%) 0.00 158
    2018-09-01 $249,999 (48.0%) $288,909 (30.7%) 0.00 151
    2018-10-01 $267,250 (59.2%) $294,991 (37.2%) 0.00 147
    2018-11-01 $260,950 (51.3%) $290,468 (30.5%) 0.00 139
    2018-12-01 $265,500 (47.6%) $324,263 (34.1%) 0.00 138
    2019-01-01 $267,875 (48.9%) $322,414 (35.3%) 0.00 123
    2019-02-01 $248,250 (38.0%) $299,178 (23.9%) 0.00 116
    2019-03-01 $249,386 (30.6%) $304,249 (22.0%) 0.00 126
    2019-04-01 $257,450 (29.6%) $327,754 (30.7%) 0.00 130
    2019-05-01 $262,250 (28.3%) $347,048 (36.9%) 0.00 118
    2019-06-01 $250,000 (16.8%) $343,102 (26.0%) 0.00 111
    2019-07-01 $247,500 (10.5%) $321,780 (12.1%) 0.00 128
    2019-08-01 $249,973 (7.9%) $323,027 (12.2%) 0.00 126
    2019-09-01 $249,932 (0.0%) $322,798 (11.7%) 0.00 137
    2019-10-01 $252,205 (-5.6%) $321,836 (9.1%) 0.00 137
    2019-11-01 $253,900 (-2.7%) $319,491 (10.0%) 0.00 124
    2019-12-01 $259,950 (-2.1%) $333,099 (2.7%) 0.00 104
    2020-01-01 $289,900 (8.2%) $366,223 (13.6%) 0.00 78
    2020-02-01 $273,900 (10.3%) $340,306 (13.8%) 0.00 83
    2020-03-01 $268,900 (7.8%) $337,748 (11.0%) 0.00 95
    2020-04-01 $266,675 (3.6%) $329,267 (0.5%) 0.00 99
    2020-05-01 $266,450 (1.6%) $316,242 (-8.9%) 0.00 84
    2020-06-01 $297,450 (19.0%) $366,415 (6.8%) 0.00 71
    2020-07-01 $309,075 (24.9%) $393,789 (22.4%) 0.00 64
    2020-08-01 $327,495 (31.0%) $393,771 (21.9%) 0.00 59
    2020-09-01 $329,725 (31.9%) $399,710 (23.8%) 0.00 51
    2020-10-01 $299,000 (18.6%) $393,819 (22.4%) 0.00 57
    2020-11-01 $352,704 (38.9%) $446,563 (39.8%) 0.00 50
    2020-12-01 $319,794 (23.0%) $425,977 (27.9%) 0.00 42
    2021-01-01 $289,960 (0.0%) $411,443 (12.4%) 0.00 35
    2021-02-01 $314,995 (15.0%) $426,547 (25.3%) 0.00 37
    2021-03-01 $336,925 (25.3%) $460,751 (36.4%) 0.00 38
    2021-04-01 $407,500 (52.8%) $478,877 (45.4%) 0.00 44
    2021-05-01 $390,000 (46.4%) $468,441 (48.1%) 0.00 47
    2021-06-01 $373,610 (25.6%) $460,355 (25.6%) 0.00 61
    2021-07-01 $400,000 (29.4%) $465,324 (18.2%) 0.00 86
    2021-08-01 $397,450 (21.4%) $473,201 (20.2%) 0.00 97
    2021-09-01 $419,925 (27.4%) $477,272 (19.4%) 0.00 107
    2021-10-01 $399,000 (33.4%) $475,276 (20.7%) 0.00 113
    2021-11-01 $422,500 (19.8%) $508,187 (13.8%) 0.00 94
    2021-12-01 $427,475 (33.7%) $520,289 (22.1%) 0.00 86
    2022-01-01 $448,000 (54.5%) $525,707 (27.8%) 0.00 70
    2022-02-01 $447,975 (42.2%) $490,700 (15.0%) 0.00 64
    2022-03-01 $443,700 (31.7%) $547,589 (18.9%) 0.00 67
    2022-04-01 $452,500 (11.0%) $636,542 (32.9%) 0.00 76
    2022-05-01 $472,450 (21.1%) $643,184 (37.3%) 0.00 107
    2022-06-01 $429,000 (14.8%) $586,322 (27.4%) 0.00 150
    2022-07-01 $413,000 (3.3%) $543,898 (16.9%) 0.00 194
    2022-08-01 $411,000 (3.4%) $545,800 (15.3%) 0.00 193
    2022-09-01 $399,900 (-4.8%) $540,253 (13.2%) 0.00 179
    2022-10-01 $405,000 (1.5%) $538,864 (13.4%) 0.00 191
    2022-11-01 $399,999 (-5.3%) $548,124 (7.9%) 0.00 173
    2022-12-01 $399,900 (-6.5%) $566,155 (8.8%) 0.00 147
    2023-01-01 $406,000 (-9.4%) $587,188 (11.7%) 0.00 131
    2023-02-01 $408,200 (-8.9%) $555,879 (13.3%) 0.00 135
    2023-03-01 $436,175 (-1.7%) $574,204 (4.9%) 0.00 129
    2023-04-01 $425,000 (-6.1%) $572,812 (-10.0%) 0.00 131
    2023-05-01 $405,000 (-14.3%) $546,232 (-15.1%) 0.00 138
    2023-06-01 $403,750 (-5.9%) $533,975 (-8.9%) 0.00 153
    2023-07-01 $405,000 (-1.9%) $574,435 (5.6%) 0.00 166
    2023-08-01 $410,750 (-0.1%) $512,580 (-6.1%) 0.00 168
    2023-09-01 $399,999 (0.0%) $504,710 (-6.6%) 0.00 170
    2023-10-01 $394,900 (-2.5%) $488,323 (-9.4%) 0.00 170
    2023-11-01 $387,450 (-3.1%) $477,025 (-13.0%) 0.00 157
    2023-12-01 $372,500 (-6.9%) $461,761 (-18.4%) 0.00 148
    2024-01-01 $369,675 (-9.0%) $495,055 (-15.7%) 0.00 140
    2024-02-01 $366,500 (-10.2%) $500,478 (-10.0%) 0.00 139
    2024-03-01 $393,000 (-9.9%) $522,831 (-9.0%) 0.00 143
    2024-04-01 $406,625 (-4.3%) $595,868 (4.0%) 0.00 155
    2024-05-01 $445,975 (10.1%) $628,258 (15.0%) 0.00 173
    2024-06-01 $399,900 (-1.0%) $567,618 (6.3%) 0.00 222
    2024-07-01 $394,975 (-2.5%) $532,739 (-7.3%) 0.00 251
    2024-08-01 $389,900 (-5.1%) $535,337 (4.4%) 0.00 246
    2024-09-01 $388,400 (-2.9%) $538,186 (6.6%) 0.00 250
    2024-10-01 $387,900 (-1.8%) $530,414 (8.6%) 0.00 234
    2024-11-01 $391,950 (1.2%) $542,706 (13.8%) 0.00 222
    Ontario's median listing price for 2024-11-01 was $391,950, a difference of $4,500 (1.2%) versus the prior year and $4,050 versus the prior month.

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

    Ontario's average listing price for 2024-11-01 was $542,706, a difference of $65,681 (13.8%) versus the prior year and $12,292 versus the prior month.

    For the 2024-11-01 period, Ontario had 222 MLS listings, a difference of -12 listings (-5%) versus the prior month and 65 listings (41%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Ontario (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,733 sqft
    2018-02-01 0 days 1,758 sqft
    2018-03-01 0 days 1,701 sqft
    2018-04-01 0 days 1,844 sqft
    2018-05-01 0 days 1,814 sqft
    2018-06-01 0 days 1,793 sqft
    2018-07-01 0 days 1,798 sqft
    2018-08-01 0 days 1,900 sqft
    2018-09-01 0 days 1,945 sqft
    2018-10-01 0 days 2,034 sqft
    2018-11-01 0 days 1,978 sqft
    2018-12-01 0 days 1,928 sqft
    2019-01-01 0 days 1,860 sqft
    2019-02-01 0 days 1,850 sqft
    2019-03-01 0 days 1,848 sqft
    2019-04-01 0 days 1,848 sqft
    2019-05-01 0 days 1,846 sqft
    2019-06-01 0 days 1,844 sqft
    2019-07-01 0 days 1,841 sqft
    2019-08-01 0 days 1,876 sqft
    2019-09-01 0 days 1,889 sqft
    2019-10-01 0 days 1,920 sqft
    2019-11-01 0 days 1,954 sqft
    2019-12-01 0 days 1,951 sqft
    2020-01-01 0 days 2,047 sqft
    2020-02-01 0 days 1,894 sqft
    2020-03-01 0 days 1,760 sqft
    2020-04-01 0 days 1,756 sqft
    2020-05-01 0 days 1,756 sqft
    2020-06-01 0 days 2,015 sqft
    2020-07-01 0 days 2,163 sqft
    2020-08-01 0 days 2,240 sqft
    2020-09-01 0 days 2,221 sqft
    2020-10-01 0 days 1,930 sqft
    2020-11-01 0 days 2,304 sqft
    2020-12-01 0 days 2,048 sqft
    2021-01-01 0 days 1,999 sqft
    2021-02-01 0 days 1,750 sqft
    2021-03-01 0 days 1,715 sqft
    2021-04-01 0 days 2,006 sqft
    2021-05-01 0 days 1,843 sqft
    2021-06-01 0 days 1,928 sqft
    2021-07-01 0 days 1,920 sqft
    2021-08-01 0 days 1,961 sqft
    2021-09-01 0 days 1,852 sqft
    2021-10-01 0 days 1,923 sqft
    2021-11-01 0 days 1,908 sqft
    2021-12-01 0 days 1,990 sqft
    2022-01-01 0 days 1,926 sqft
    2022-02-01 0 days 1,870 sqft
    2022-03-01 0 days 1,853 sqft
    2022-04-01 0 days 1,885 sqft
    2022-05-01 0 days 1,896 sqft
    2022-06-01 0 days 1,869 sqft
    2022-07-01 0 days 1,849 sqft
    2022-08-01 0 days 1,872 sqft
    2022-09-01 0 days 1,848 sqft
    2022-10-01 0 days 1,908 sqft
    2022-11-01 0 days 1,916 sqft
    2022-12-01 0 days 1,909 sqft
    2023-01-01 0 days 1,924 sqft
    2023-02-01 0 days 1,948 sqft
    2023-03-01 0 days 1,972 sqft
    2023-04-01 0 days 1,994 sqft
    2023-05-01 0 days 1,991 sqft
    2023-06-01 0 days 1,983 sqft
    2023-07-01 0 days 1,911 sqft
    2023-08-01 0 days 1,820 sqft
    2023-09-01 0 days 1,809 sqft
    2023-10-01 0 days 1,809 sqft
    2023-11-01 0 days 1,775 sqft
    2023-12-01 0 days 1,712 sqft
    2024-01-01 0 days 1,702 sqft
    2024-02-01 0 days 1,708 sqft
    2024-03-01 0 days 1,780 sqft
    2024-04-01 0 days 1,800 sqft
    2024-05-01 0 days 1,943 sqft
    2024-06-01 0 days 1,725 sqft
    2024-07-01 0 days 1,655 sqft
    2024-08-01 0 days 1,714 sqft
    2024-09-01 0 days 1,670 sqft
    2024-10-01 0 days 1,729 sqft
    2024-11-01 0 days 1,772 sqft
    Ontario's median listing age (time on market) for 2024-11-01 was 0 days.

    Ontario's median square footage for active listings during the 2024-11-01 period was 1,772 sqft. One year prior, the average listing was 1,775 sqft.

    Ontario, OR-ID Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 522 $139,650,000 $267,529
    Cash Out Refi 175 $38,195,000 $218,257
    Home Improvement 133 $12,425,000 $93,421
    Other 91 $8,345,000 $91,703
    Refi 80 $17,440,000 $218,000

    Ontario's most frequently cited loan purpose was Home Purchase, with 522 originations. The 2nd most popular reason was Cash Out Refi, with 175 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 334 $87,740,000 $262,695
    Over 8% 274 $26,600,000 $97,080
    7-8% 203 $47,655,000 $234,754
    5-6% 177 $50,395,000 $284,718
    4-5% 8 $2,330,000 $291,250
    <2.5% 2 $560,000 $280,000
    3-4% 1 $415,000 $415,000
    2.5-3% 1 $275,000 $275,000

    During 2023, Ontario's most frequently originated rate bucket was 6-7%, with 334 originations.

    Loan Sizing (Ontario, OR-ID MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 403 $113,465,000 $281,551
    $100,000 or less 285 $12,825,000 $45,000
    $100k-200k 216 $32,190,000 $149,028
    $400k-600k 69 $32,405,000 $469,638
    $600k-1000k 24 $17,380,000 $724,167
    $Over $1MM 4 $7,790,000 $1,947,500

    Ontario's loan sizing saw the bucket of loans from $200k-400k with 403 originations, totaling $113,465,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 344 $105,730,000 $307,355
    Under 20% 228 $9,270,000 $40,658
    60-80% 183 $53,455,000 $292,104
    20-40% 134 $16,530,000 $123,358
    40-60% 100 $27,320,000 $273,200
    Over 100% 10 $3,520,000 $352,000

    Ontario's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 344 originations, totaling $105,730,000 in origination value.