Plattsburgh Mortgage Rates
30 Year Fixed Rate mortgages in Plattsburgh averaged
5.93%
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
5.94% and
one month ago for the week of 2022-05-26, the
average rate was 5.53%.
Plattsburgh's average rate one year ago was 3.18%.
For refis of the same type during the week of 2022-06-30, the average rate
was 6.34%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
Plattsburgh 30 Year Fixed Rate | 2022-06-30 | 5.93% |
Plattsburgh 30 Year Fixed Rate Refi | 2022-06-30 | 6.34% |
Plattsburgh 15 Year Fixed Rate | 2022-06-30 | 5.19% |
Plattsburgh 15 Year Fixed Rate Refi | 2022-06-30 | 5.1% |
Plattsburgh 30 Year FHA | 2022-06-30 | 5.94% |
Plattsburgh 30 Year FHA Refi | 2022-06-30 | 5.97% |
Plattsburgh 30 Year USDA | 2022-06-30 | 5.53% |
Plattsburgh 30 Year USDA Refi | 2022-06-30 | 4.97% |
Plattsburgh 30 Year VA | 2022-06-30 | 5.7% |
Plattsburgh 30 Year VA Refi | 2022-06-30 | 5.43% |
Plattsburgh 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 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, NY's 55 lenders originated 1,572
loans during 2021. The total origination value was $263,140,000, with an average loan value of
$167,392.
The top Plattsburgh lender as defined by loan originations is Community Bank, with
121 loans originated. Their average total fees are
$1,073, which is $2,226
lower than the next largest lender,
PARAGON HOME LOANS INC..
The lowest fee Plattsburgh lenders (with over 10 loans originated) are
Community Bank ($1,073), KeyBank ($3,024), PARAGON HOME LOANS INC. ($3,299), TD Bank ($3,937) and Wells Fargo Bank ($4,079).
The lowest rate Plattsburgh lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (2.83%), PARAGON HOME LOANS INC. (3.03%), KeyBank (3.04%), QUICKEN LOANS, LLC (3.15%) and TD Bank (3.21%).
Plattsburgh, 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 | $26,650,000 | $40,830,000 | 53.2% | 15.5% |
QUICKEN LOANS, LLC | $33,035,000 | $40,210,000 | 21.7% | 15.3% |
CROSSCOUNTRY MORTGAGE, LLC | $31,895,000 | $32,610,000 | 2.2% | 12.4% |
PARAGON HOME LOANS INC. | $28,610,000 | $27,365,000 | -4.4% | 10.4% |
Glens Falls National Bank and Trust Company | $16,875,000 | $22,330,000 | 32.3% | 8.5% |
KeyBank | $11,275,000 | $13,465,000 | 19.4% | 5.1% |
NBT Bank | $6,190,000 | $7,745,000 | 25.1% | 2.9% |
TD Bank | $5,170,000 | $7,140,000 | 38.1% | 2.7% |
FREEDOM MORTGAGE CORPORATION | $3,625,000 | $6,025,000 | 66.2% | 2.3% |
Wells Fargo Bank | $2,725,000 | $4,795,000 | 76.0% | 1.8% |
UNITED WHOLESALE MORTGAGE, LLC | $3,360,000 | $4,715,000 | 40.3% | 1.8% |
Mr. Cooper ( Nationstar Mortgage ) | $4,005,000 | $4,360,000 | 8.9% | 1.7% |
MLB RESIDENTIAL LENDING, LLC | $4,375,000 | $3,710,000 | -15.2% | 1.4% |
NEWREZ LLC | $320,000 | $3,185,000 | 895.3% | 1.2% |
Manufacturers and Traders Trust Company | $1,310,000 | $2,455,000 | 87.4% | 0.9% |
Mortgage Research Center, LLC | $1,740,000 | $2,445,000 | 40.5% | 0.9% |
Citizens Bank | $1,885,000 | $2,240,000 | 18.8% | 0.9% |
CCFCU FUNDING, LLC | $3,670,000 | $2,175,000 | -40.7% | 0.8% |
USAA Federal Savings Bank | $2,540,000 | $2,165,000 | -14.8% | 0.8% |
HOMESTEAD FUNDING CORP. | $850,000 | $2,080,000 | 144.7% | 0.8% |
JPMorgan Chase Bank | $1,270,000 | $2,050,000 | 61.4% | 0.8% |
NAVY FEDERAL CREDIT UNION | $1,810,000 | $1,990,000 | 9.9% | 0.8% |
Barrington Bank & Trust Company, N.A. | $725,000 | $1,375,000 | 89.7% | 0.5% |
21ST MORTGAGE CORPORATION | $1,075,000 | $1,350,000 | 25.6% | 0.5% |
LOANDEPOT.COM, LLC | $2,800,000 | $1,175,000 | -58.0% | 0.4% |
Flagstar Bank, FSB | $290,000 | $1,165,000 | 301.7% | 0.4% |
SEFCU SERVICES, LLC | $245,000 | $1,155,000 | 371.4% | 0.4% |
PLAZA HOME MORTGAGE, INC. | $580,000 | $1,015,000 | 75.0% | 0.4% |
AMERICAN FINANCIAL RESOURCES, INC. | $775,000 | $965,000 | 24.5% | 0.4% |
NORTHERN CREDIT UNION | $955,000 | n/a | 0.4% | |
Carrington Mortgage Services, LLC | $715,000 | $915,000 | 28.0% | 0.3% |
Bank of America | $930,000 | $845,000 | -9.1% | 0.3% |
OWNERSCHOICE FUNDING, INCORPORATED | $950,000 | $845,000 | -11.1% | 0.3% |
BETTER MORTGAGE CORPORATION | $125,000 | $800,000 | 540.0% | 0.3% |
Adirondack Bank | $890,000 | $780,000 | -12.4% | 0.3% |
INLAND BANK & TRUST | $745,000 | n/a | 0.3% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $290,000 | $690,000 | 137.9% | 0.3% |
HSBC BANK USA, NATIONAL ASSOCIATION | $320,000 | $675,000 | 110.9% | 0.3% |
First Federal Bank | $265,000 | $635,000 | 139.6% | 0.2% |
CALIBER HOME LOANS, INC. | $620,000 | n/a | 0.2% | |
NBH Bank | $545,000 | n/a | 0.2% | |
U.S. Bank | $495,000 | n/a | 0.2% | |
CAPITAL COMMUNICATIONS Federal Credit Union | $275,000 | $440,000 | 60.0% | 0.2% |
EMBRACE HOME LOANS, INC. | $265,000 | $395,000 | 49.1% | 0.2% |
Baxter Credit Union | $385,000 | n/a | 0.1% | |
AMERICAN FINANCING CORPORATION | $380,000 | n/a | 0.1% | |
Rondout Savings Bank | $365,000 | n/a | 0.1% | |
NBKC BANK | $350,000 | n/a | 0.1% | |
North American Savings Bank, F.S.B. | $430,000 | $315,000 | -26.7% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $85,000 | $310,000 | 264.7% | 0.1% |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $295,000 | n/a | 0.1% | |
RBC Bank, (Georgia) | $795,000 | $290,000 | -63.5% | 0.1% |
Berkshire Bank | $275,000 | n/a | 0.1% | |
First National Bank of Omaha | $265,000 | n/a | 0.1% | |
Paramount Bank | $275,000 | $265,000 | -3.6% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $75,000 | $260,000 | 246.7% | 0.1% |
UTILITIES EMPLOYEES CREDIT UNION | $260,000 | n/a | 0.1% | |
Nations Lending Corporation | $250,000 | n/a | 0.1% | |
AMERICAN FINANCIAL NETWORK, INC. | $245,000 | n/a | 0.1% | |
BOND STREET MORTGAGE, LLC | $235,000 | n/a | 0.1% | |
HARTFORD FUNDING, LTD. | $225,000 | n/a | 0.1% | |
HOME POINT FINANCIAL CORPORATION | $375,000 | $225,000 | -40.0% | 0.1% |
InterContinental Capital Group, Inc | $580,000 | $225,000 | -61.2% | 0.1% |
DIGITAL Federal Credit Union | $215,000 | n/a | 0.1% | |
HUDSON VALLEY CREDIT UNION | $215,000 | $205,000 | -4.7% | 0.1% |
Citibank | $170,000 | $195,000 | 14.7% | 0.1% |
FINANCE OF AMERICA MORTGAGE LLC | $175,000 | n/a | 0.1% | |
Equity Prime Mortgage LLC | $165,000 | n/a | 0.1% | |
UNIFY FINANCIAL Credit Union | $165,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $125,000 | $150,000 | 20.0% | 0.1% |
Bank of England | $1,250,000 | $145,000 | -88.4% | 0.1% |
FAMILY FIRST FUNDING LLC | $145,000 | n/a | 0.1% | |
Northpointe Bank | $145,000 | n/a | 0.1% | |
Premium Mortgage Corporation | $145,000 | n/a | 0.1% | |
RELIANCE FIRST CAPITAL, LLC | $440,000 | $145,000 | -67.0% | 0.1% |
SUNMARK FEDERAL CREDIT UNION | $145,000 | n/a | 0.1% | |
NATIONWIDE MORTGAGE BANKERS, INC. | $125,000 | n/a | 0.0% | |
Centier Bank | $115,000 | n/a | 0.0% | |
LAND HOME FINANCIAL SERVICES, INC. | $1,035,000 | $115,000 | -88.9% | 0.0% |
US MORTGAGE CORPORATION | $115,000 | n/a | 0.0% | |
PNC Bank | $105,000 | n/a | 0.0% | |
United States Senate Federal Credit Union | $105,000 | n/a | 0.0% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $140,000 | $85,000 | -39.3% | 0.0% |
Genesee Regional Bank | $85,000 | n/a | 0.0% | |
STAR USA FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% |
Plattsburgh's top lender by overall market share is Community Bank, with 15.5% market share. In second place, with 15.3%, is QUICKEN LOANS, LLC, having originated $40,210,000 in loans. In third place, with 12.4%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $32,610,000 in loans. In third place, with 10.4%, is PARAGON HOME LOANS INC., having originated $27,365,000 in loans. In third place, with 8.5%, is Glens Falls National Bank and Trust Company, having originated $22,330,000 in loans.
Plattsburgh, NY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 696 | $135,800,000 | $195,115 |
Refi | 558 | $83,960,000 | $150,466 |
Cash Out Refi | 212 | $35,130,000 | $165,708 |
Home Improvement | 61 | $4,175,000 | $68,443 |
Other | 45 | $4,075,000 | $90,556 |
Plattsburgh's most frequently cited loan purpose was Home Purchase, with 696 originations. The 2nd most popular reason was Refi, with 558 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 665 | $115,345,000 | $173,451 |
2.5-3% | 588 | $99,390,000 | $169,031 |
<2.5% | 233 | $40,085,000 | $172,039 |
4-5% | 47 | $4,915,000 | $104,574 |
5-6% | 16 | $1,440,000 | $90,000 |
6-7% | 8 | $670,000 | $83,750 |
7-8% | 7 | $405,000 | $57,857 |
Over 8% | 7 | $525,000 | $75,000 |
During 2021, Plattsburgh's most frequently originated rate bucket was 3-4%, with 665 originations.
Loan Sizing (Plattsburgh, NY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 859 | $124,835,000 | $145,326 |
$200k-400k | 360 | $92,320,000 | $256,444 |
$100,000 or less | 324 | $22,440,000 | $69,259 |
$400k-600k | 18 | $8,240,000 | $457,778 |
$600k-1000k | 6 | $4,340,000 | $723,333 |
$Over $1MM | 5 | $10,965,000 | $2,193,000 |
Plattsburgh's loan sizing saw the bucket of loans from $100k-200k with 859 originations, totaling $124,835,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 672 | $121,520,000 | $180,833 |
60-80% | 524 | $96,430,000 | $184,027 |
40-60% | 203 | $25,845,000 | $127,315 |
20-40% | 92 | $9,690,000 | $105,326 |
Under 20% | 44 | $2,020,000 | $45,909 |
Over 100% | 14 | $3,010,000 | $215,000 |
Plattsburgh's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 672 originations, totaling $121,520,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Plattsburgh (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 | $139,450 (-16.8%) | $212,174 (-1.5%) | 0.00 | 224 |
2018-02-01 | $148,500 (-5.4%) | $211,755 (-4.4%) | 0.00 | 216 |
2018-03-01 | $164,000 (4.8%) | $227,592 (4.0%) | 0.00 | 208 |
2018-04-01 | $169,900 (9.6%) | $243,335 (7.4%) | 0.00 | 217 |
2018-05-01 | $180,000 (6.5%) | $251,441 (2.7%) | 0.00 | 233 |
2018-06-01 | $181,000 (5.2%) | $252,226 (0.9%) | 0.00 | 264 |
2018-07-01 | $187,450 (10.3%) | $251,723 (3.6%) | 0.00 | 278 |
2018-08-01 | $189,500 (11.5%) | $253,151 (4.1%) | 0.00 | 277 |
2018-09-01 | $179,900 (7.7%) | $249,541 (5.9%) | 0.00 | 258 |
2018-10-01 | $175,000 (7.8%) | $246,902 (9.2%) | 0.00 | 250 |
2018-11-01 | $180,000 (20.9%) | $246,074 (11.1%) | 0.00 | 226 |
2018-12-01 | $165,000 (13.9%) | $227,058 (6.4%) | 0.00 | 200 |
2019-01-01 | $159,900 (14.7%) | $225,963 (6.5%) | 0.00 | 174 |
2019-02-01 | $160,000 (7.7%) | $228,946 (8.1%) | 0.00 | 166 |
2019-03-01 | $168,143 (2.5%) | $231,056 (1.5%) | 0.00 | 160 |
2019-04-01 | $179,000 (5.4%) | $232,008 (-4.7%) | 0.00 | 158 |
2019-05-01 | $180,500 (0.3%) | $233,728 (-7.0%) | 0.00 | 188 |
2019-06-01 | $179,900 (-0.6%) | $234,349 (-7.1%) | 0.00 | 226 |
2019-07-01 | $192,400 (2.6%) | $245,752 (-2.4%) | 0.00 | 257 |
2019-08-01 | $192,143 (1.4%) | $237,135 (-6.3%) | 0.00 | 273 |
2019-09-01 | $185,893 (3.3%) | $233,709 (-6.3%) | 0.00 | 270 |
2019-10-01 | $189,250 (8.1%) | $238,219 (-3.5%) | 0.00 | 249 |
2019-11-01 | $178,000 (-1.1%) | $238,492 (-3.1%) | 0.00 | 223 |
2019-12-01 | $173,950 (5.4%) | $241,961 (6.6%) | 0.00 | 181 |
2020-01-01 | $159,450 (-0.3%) | $227,801 (0.8%) | 0.00 | 158 |
2020-02-01 | $160,000 (0.0%) | $233,893 (2.2%) | 0.00 | 150 |
2020-03-01 | $204,450 (21.6%) | $248,412 (7.5%) | 0.00 | 161 |
2020-04-01 | $199,450 (11.4%) | $248,528 (7.1%) | 0.00 | 165 |
2020-05-01 | $189,000 (4.7%) | $255,474 (9.3%) | 0.00 | 146 |
2020-06-01 | $196,000 (9.0%) | $251,527 (7.3%) | 0.00 | 154 |
2020-07-01 | $207,500 (7.9%) | $265,936 (8.2%) | 0.00 | 157 |
2020-08-01 | $205,000 (6.7%) | $266,198 (12.3%) | 0.00 | 158 |
2020-09-01 | $202,500 (8.9%) | $276,292 (18.2%) | 0.00 | 163 |
2020-10-01 | $194,999 (3.0%) | $273,393 (14.8%) | 0.00 | 159 |
2020-11-01 | $194,450 (9.2%) | $266,440 (11.7%) | 0.00 | 156 |
2020-12-01 | $199,000 (14.4%) | $265,055 (9.5%) | 0.00 | 142 |
2021-01-01 | $189,900 (19.1%) | $255,559 (12.2%) | 0.00 | 123 |
2021-02-01 | $174,500 (9.1%) | $239,782 (2.5%) | 0.00 | 112 |
2021-03-01 | $209,250 (2.4%) | $269,329 (8.4%) | 0.00 | 87 |
2021-04-01 | $231,950 (16.3%) | $292,593 (17.7%) | 0.00 | 79 |
2021-05-01 | $244,000 (29.1%) | $296,035 (15.9%) | 0.00 | 79 |
2021-06-01 | $249,950 (27.5%) | $302,093 (20.1%) | 0.00 | 95 |
2021-07-01 | $244,500 (17.8%) | $289,837 (9.0%) | 0.00 | 99 |
2021-08-01 | $237,000 (15.6%) | $268,270 (0.8%) | 0.00 | 98 |
2021-09-01 | $229,900 (13.5%) | $249,883 (-9.6%) | 0.00 | 93 |
2021-10-01 | $199,900 (2.5%) | $264,583 (-3.2%) | 0.00 | 93 |
2021-11-01 | $189,950 (-2.3%) | $238,455 (-10.5%) | 0.00 | 93 |
2021-12-01 | $192,450 (-3.3%) | $229,378 (-13.5%) | 0.00 | 81 |
2022-01-01 | $189,000 (-0.5%) | $219,153 (-14.3%) | 0.00 | 82 |
2022-02-01 | $212,450 (21.8%) | $218,971 (-8.7%) | 0.00 | 64 |
2022-03-01 | $204,000 (-2.5%) | $214,066 (-20.5%) | 0.00 | 60 |
2022-04-01 | $179,000 (-22.8%) | $210,227 (-28.2%) | 0.00 | 62 |
2022-05-01 | $189,500 (-22.3%) | $247,803 (-16.3%) | 0.00 | 80 |
2022-06-01 | $221,813 (-11.3%) | $262,640 (-13.1%) | 0.00 | 111 |
Plattsburgh's median listing price comes in at 0% of the national average.
Plattsburgh's average listing price for 2022-06-01 was $262,640, a difference of $-39,453 (-13.1%) versus the prior year and $14,837 versus the prior month.
For the 2022-06-01 period, Plattsburgh had 111 MLS listings, a difference of 31 listings (39%) versus the prior month and 16 listings (17%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Plattsburgh (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,625 sqft |
2018-02-01 | 0 days | 1,636 sqft |
2018-03-01 | 0 days | 1,670 sqft |
2018-04-01 | 0 days | 1,717 sqft |
2018-05-01 | 0 days | 1,757 sqft |
2018-06-01 | 0 days | 1,780 sqft |
2018-07-01 | 0 days | 1,785 sqft |
2018-08-01 | 0 days | 1,790 sqft |
2018-09-01 | 0 days | 1,800 sqft |
2018-10-01 | 0 days | 1,769 sqft |
2018-11-01 | 0 days | 1,816 sqft |
2018-12-01 | 0 days | 1,756 sqft |
2019-01-01 | 0 days | 1,762 sqft |
2019-02-01 | 0 days | 1,745 sqft |
2019-03-01 | 0 days | 1,756 sqft |
2019-04-01 | 0 days | 1,756 sqft |
2019-05-01 | 0 days | 1,790 sqft |
2019-06-01 | 0 days | 1,700 sqft |
2019-07-01 | 0 days | 1,737 sqft |
2019-08-01 | 0 days | 1,708 sqft |
2019-09-01 | 0 days | 1,688 sqft |
2019-10-01 | 0 days | 1,718 sqft |
2019-11-01 | 0 days | 1,708 sqft |
2019-12-01 | 0 days | 1,728 sqft |
2020-01-01 | 0 days | 1,653 sqft |
2020-02-01 | 0 days | 1,727 sqft |
2020-03-01 | 0 days | 1,839 sqft |
2020-04-01 | 0 days | 1,836 sqft |
2020-05-01 | 0 days | 1,811 sqft |
2020-06-01 | 0 days | 1,736 sqft |
2020-07-01 | 0 days | 1,736 sqft |
2020-08-01 | 0 days | 1,750 sqft |
2020-09-01 | 0 days | 1,775 sqft |
2020-10-01 | 0 days | 1,750 sqft |
2020-11-01 | 0 days | 1,754 sqft |
2020-12-01 | 0 days | 1,751 sqft |
2021-01-01 | 0 days | 1,688 sqft |
2021-02-01 | 0 days | 1,701 sqft |
2021-03-01 | 0 days | 1,732 sqft |
2021-04-01 | 0 days | 1,843 sqft |
2021-05-01 | 0 days | 1,888 sqft |
2021-06-01 | 0 days | 1,834 sqft |
2021-07-01 | 0 days | 1,836 sqft |
2021-08-01 | 0 days | 1,790 sqft |
2021-09-01 | 0 days | 1,808 sqft |
2021-10-01 | 0 days | 1,728 sqft |
2021-11-01 | 0 days | 1,663 sqft |
2021-12-01 | 0 days | 1,666 sqft |
2022-01-01 | 0 days | 1,663 sqft |
2022-02-01 | 0 days | 1,660 sqft |
2022-03-01 | 0 days | 1,619 sqft |
2022-04-01 | 0 days | 1,532 sqft |
2022-05-01 | 0 days | 1,553 sqft |
2022-06-01 | 0 days | 1,639 sqft |
Plattsburgh's median square footage for active listings during the 2022-06-01 period was 1,639 sqft. One year prior, the average listing was 1,834 sqft.