Ontario Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Ontario averaged 6.66% for the week of 2024-06-13, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-06) was 7% and one month ago for the week of 2024-05-09, the average rate was 6.8%.

Ontario's average rate one year ago was 6.42%.

For refis of the same type during the week of 2024-06-13, the average rate was 7.15%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-13 6.95%
Ontario 30 Year Fixed Rate 2024-06-13 6.66%
Ontario 30 Year Fixed Rate Refi 2024-06-13 7.15%
Ontario 15 Year Fixed Rate 2024-06-13 6.27%
Ontario 15 Year Fixed Rate Refi 2024-06-13 6.67%
Ontario 30 Year FHA 2024-06-13 6.46%
Ontario 30 Year FHA Refi 2024-06-13 6.71%
Ontario 30 Year USDA 2024-06-13 6.81%
Ontario 30 Year USDA Refi 2024-06-13 6.81%
Ontario 30 Year VA 2024-06-13 6.42%
Ontario 30 Year VA Refi 2024-06-13 6.52%
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
Ontario's median listing price for 2024-05-01 was $445,975, a difference of $40,975 (10.1%) versus the prior year and $39,350 versus the prior month.

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

Ontario's average listing price for 2024-05-01 was $628,258, a difference of $82,026 (15.0%) versus the prior year and $32,390 versus the prior month.

For the 2024-05-01 period, Ontario had 173 MLS listings, a difference of 18 listings (12%) versus the prior month and 35 listings (25%) 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
Ontario's median listing age (time on market) for 2024-05-01 was 0 days.

Ontario's median square footage for active listings during the 2024-05-01 period was 1,943 sqft. One year prior, the average listing was 1,991 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.