Plattsburgh Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Plattsburgh averaged
7.03%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.06% and
one month ago for the week of 2025-05-15, the
average rate was 7.23%.
Plattsburgh's average rate one year ago was 7.37%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.21%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Plattsburgh 30 Year Fixed Rate | 2025-06-18 | 7.03% |
| Plattsburgh 30 Year Fixed Rate Refi | 2025-06-18 | 7.21% |
| Plattsburgh 15 Year Fixed Rate | 2025-06-18 | 6.06% |
| Plattsburgh 15 Year Fixed Rate Refi | 2025-06-18 | 5.96% |
| Plattsburgh 30 Year FHA | 2025-06-18 | 0.38% |
| Plattsburgh 30 Year FHA Refi | 2025-06-18 | -0.1% |
| Plattsburgh 30 Year USDA | 2025-06-18 | 0.2% |
| Plattsburgh 30 Year USDA Refi | 2025-06-18 | 0% |
| Plattsburgh 30 Year VA | 2025-06-18 | -0.1% |
| Plattsburgh 30 Year VA Refi | 2025-06-18 | 0.2% |
Plattsburgh 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 Plattsburgh, 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.).
Plattsburgh Average Closing Costs & Other Stats
Plattsburgh, NY's 50 lenders originated 822
loans during 2024. The total origination value was $159,560,000, with an average loan value of
$194,112.
Plattsburgh's average closing costs are $4,588.
The top Plattsburgh lender as defined by loan originations is Community Bank, with
151 loans originated. Their average total fees are
$1,665, which is $5,230
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Plattsburgh lenders (with over 10 loans originated) are
Community Bank ($1,665), Glens Falls National Bank and Trust Company ($3,651), ABSOLUTE HOME MORTGAGE CORPORATION ($4,947), QUICKEN LOANS, LLC ($6,896) and .
The lowest rate Plattsburgh lenders (with over 10 loans originated) are
Glens Falls National Bank and Trust Company (6.68%), QUICKEN LOANS, LLC (6.83%), ABSOLUTE HOME MORTGAGE CORPORATION (7.21%), Community Bank (7.23%) and .
Plattsburgh, 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 | $39,285,000 | $43,510,000 | 10.8% | 27.3% |
| QUICKEN LOANS, LLC | $11,040,000 | $18,510,000 | 67.7% | 11.6% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $8,480,000 | $14,820,000 | 74.8% | 9.3% |
| Glens Falls National Bank and Trust Company | $8,690,000 | $10,125,000 | 16.5% | 6.3% |
| Wells Fargo Bank | $335,000 | $7,020,000 | 1,995.5% | 4.4% |
| NBT Bank | $5,100,000 | $5,545,000 | 8.7% | 3.5% |
| TD Bank | $4,470,000 | $5,300,000 | 18.6% | 3.3% |
| WALKER & DUNLOP, LLC | $5,170,000 | n/a | 3.2% | |
| Mortgage Research Center, LLC | $1,845,000 | $3,820,000 | 107.0% | 2.4% |
| PENNYMAC LOAN SERVICES, LLC | $975,000 | $1,910,000 | 95.9% | 1.2% |
| Bank of America | $100,000 | $1,860,000 | 1,760.0% | 1.2% |
| Flagstar Bank, FSB | $115,000 | $1,810,000 | 1,473.9% | 1.1% |
| USAA Federal Savings Bank | $1,555,000 | $1,700,000 | 9.3% | 1.1% |
| NAVY FEDERAL CREDIT UNION | $1,175,000 | $1,605,000 | 36.6% | 1.0% |
| SEFCU SERVICES, LLC | $1,520,000 | $1,570,000 | 3.3% | 1.0% |
| AMERICU Credit Union | $15,000 | $1,365,000 | 9,000.0% | 0.9% |
| KeyBank | $2,800,000 | $1,325,000 | -52.7% | 0.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,145,000 | $1,190,000 | -62.2% | 0.7% |
| JPMorgan Chase Bank | $390,000 | $1,170,000 | 200.0% | 0.7% |
| Citizens Bank | $1,030,000 | $1,150,000 | 11.7% | 0.7% |
| Discover Bank | $670,000 | $1,030,000 | 53.7% | 0.6% |
| PLAZA HOME MORTGAGE, INC. | $875,000 | $1,000,000 | 14.3% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,020,000 | $935,000 | -8.3% | 0.6% |
| NEWREZ LLC | $190,000 | $915,000 | 381.6% | 0.6% |
| 21ST MORTGAGE CORPORATION | $985,000 | $900,000 | -8.6% | 0.6% |
| Empower Federal Credit Union | $885,000 | n/a | 0.6% | |
| FREEDOM MORTGAGE CORPORATION | $145,000 | $845,000 | 482.8% | 0.5% |
| NORTHERN CREDIT UNION | $705,000 | $825,000 | 17.0% | 0.5% |
| M&T Bank | $535,000 | $795,000 | 48.6% | 0.5% |
| TRIAD FINANCIAL SERVICES, INC. | $115,000 | $750,000 | 552.2% | 0.5% |
| U.S. Bank | $300,000 | $710,000 | 136.7% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $230,000 | $695,000 | 202.2% | 0.4% |
| HOMESTEAD FUNDING CORP. | $710,000 | $655,000 | -7.7% | 0.4% |
| MOVEMENT MORTGAGE, LLC | $240,000 | $560,000 | 133.3% | 0.4% |
| CMG MORTGAGE, INC. | $225,000 | $545,000 | 142.2% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $945,000 | $525,000 | -44.4% | 0.3% |
| LOANDEPOT.COM, LLC | $115,000 | $520,000 | 352.2% | 0.3% |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $505,000 | n/a | 0.3% | |
| OWNERSCHOICE FUNDING, INCORPORATED | $495,000 | n/a | 0.3% | |
| PENTAGON FEDERAL CREDIT UNION | $1,095,000 | $495,000 | -54.8% | 0.3% |
| BETTER MORTGAGE CORPORATION | $445,000 | n/a | 0.3% | |
| First National Bank of Pennsylvania | $415,000 | n/a | 0.3% | |
| Premium Mortgage Corporation | $370,000 | n/a | 0.2% | |
| Bank of England | $515,000 | $345,000 | -33.0% | 0.2% |
| GUARANTEED RATE, INC. | $370,000 | $325,000 | -12.2% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $760,000 | $300,000 | -60.5% | 0.2% |
| NORTH COUNTRY | $280,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $260,000 | n/a | 0.2% | |
| EMBRACE HOME LOANS, INC. | $255,000 | n/a | 0.2% | |
| Barrington Bank & Trust Company, N.A. | $595,000 | $245,000 | -58.8% | 0.2% |
| Carrington Mortgage Services, LLC | $360,000 | $235,000 | -34.7% | 0.1% |
| DELTA COMMUNITY CREDIT UNION | $225,000 | n/a | 0.1% | |
| DIGITAL Federal Credit Union | $225,000 | n/a | 0.1% | |
| Farm Credit East, ACA | $520,000 | $225,000 | -56.7% | 0.1% |
| Ixonia Bank | $225,000 | n/a | 0.1% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $215,000 | n/a | 0.1% | |
| UTILITIES EMPLOYEES CREDIT UNION | $500,000 | $215,000 | -57.0% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $65,000 | $210,000 | 223.1% | 0.1% |
| STATE EMPLOYEES FEDERAL CREDIT UNION | $130,000 | $200,000 | 53.8% | 0.1% |
| Ally Bank | $125,000 | $185,000 | 48.0% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $155,000 | $185,000 | 19.4% | 0.1% |
| RBC Bank, (Georgia) | $225,000 | $185,000 | -17.8% | 0.1% |
| Berkshire Bank | $185,000 | $175,000 | -5.4% | 0.1% |
| Genesee Regional Bank | $175,000 | n/a | 0.1% | |
| Allied First Bank,sb | $165,000 | n/a | 0.1% | |
| HUNT MORTGAGE CORPORATION | $165,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $145,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $155,000 | $115,000 | -25.8% | 0.1% |
| HUDSON VALLEY CREDIT UNION | $180,000 | $105,000 | -41.7% | 0.1% |
| Adirondack Bank | $275,000 | $90,000 | -67.3% | 0.1% |
Plattsburgh's top lender by overall market share is Community Bank, with 27.3% market share. In second place, with 11.6%, is QUICKEN LOANS, LLC, having originated $18,510,000 in loans. In third place, with 9.3%, is ABSOLUTE HOME MORTGAGE CORPORATION, having originated $14,820,000 in loans. In fourth place, with 6.3%, is Glens Falls National Bank and Trust Company, having originated $10,125,000 in loans. In fifth place, with 4.4%, is Wells Fargo Bank, having originated $7,020,000 in loans.
Plattsburgh, NY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 491 | $113,105,000 | $230,356 |
| Home Improvement | 114 | $9,470,000 | $83,070 |
| Cash Out Refi | 85 | $17,275,000 | $203,235 |
| Other | 71 | $5,815,000 | $81,901 |
| Refi | 61 | $13,895,000 | $227,787 |
Plattsburgh's most frequently cited loan purpose was Home Purchase, with 491 originations. The 2nd most popular reason was Home Improvement, with 114 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 277 | $64,125,000 | $231,498 |
| 7-8% | 260 | $46,410,000 | $178,500 |
| Over 8% | 140 | $14,960,000 | $106,857 |
| 5-6% | 98 | $19,770,000 | $201,735 |
| 3-4% | 22 | $5,120,000 | $232,727 |
| 4-5% | 10 | $1,670,000 | $167,000 |
| <2.5% | 7 | $295,000 | $42,143 |
During 2024, Plattsburgh's most frequently originated rate bucket was 6-7%, with 277 originations.
Loan Sizing (Plattsburgh, NY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 341 | $51,095,000 | $149,839 |
| $200k-400k | 230 | $60,910,000 | $264,826 |
| $100,000 or less | 215 | $12,925,000 | $60,116 |
| $400k-600k | 24 | $10,640,000 | $443,333 |
| $Over $1MM | 9 | $21,765,000 | $2,418,333 |
| $600k-1000k | 3 | $2,225,000 | $741,667 |
Plattsburgh's loan sizing saw the bucket of loans from $100k-200k with 341 originations, totaling $51,095,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 388 | $80,820,000 | $208,299 |
| 60-80% | 157 | $38,365,000 | $244,363 |
| 20-40% | 116 | $10,820,000 | $93,276 |
| 40-60% | 78 | $10,300,000 | $132,051 |
| Under 20% | 65 | $2,915,000 | $44,846 |
| Over 100% | 7 | $8,645,000 | $1,235,000 |
Plattsburgh's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 388 originations, totaling $80,820,000 in origination value.