ROCHESTER Mortgage Rates

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

30 Year Fixed Rate mortgages in Rochester averaged 5.39% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.46% and one month ago for the week of 2022-04-07, the average rate was 4.71%.

Rochester's average rate one year ago was 3.21%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.61%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Rochester 30 Year Fixed Rate 2022-05-12 5.39%
Rochester 30 Year Fixed Rate Refi 2022-05-12 5.61%
Rochester 15 Year Fixed Rate 2022-05-12 5.06%
Rochester 15 Year Fixed Rate Refi 2022-05-12 4.9%
Rochester 30 Year FHA 2022-05-12 5.16%
Rochester 30 Year FHA Refi 2022-05-12 5.52%
Rochester 30 Year USDA 2022-05-12 5.47%
Rochester 30 Year USDA Refi 2022-05-12 5.39%
Rochester 30 Year VA 2022-05-12 5.42%
Rochester 30 Year VA Refi 2022-05-12 5.13%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ROCHESTER, NY.

ROCHESTER 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 ROCHESTER, 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Premium Mortgage Corporation 2,229 3.07% $3,283
ESL Federal Credit Union 1,359 2.98% $3,094
Genesee Regional Bank 1,202 3.31% $3,771
HOME TOWN FUNDING, INC. 1,107 2.97% $2,943
QUICKEN LOANS, LLC 818 3.17% $4,821
PRIMELENDING, A PLAINSCAPITAL COMPANY 656 3.29% $3,924
1ST PRIORITY MORTGAGE, INC. 447 3.04% $3,555
The Lyons National Bank 433 2.99% $4,971
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 293 3.06% $4,023
UNITED WHOLESALE MORTGAGE, LLC 291 3.08% $6,315
KeyBank 251 3.03% $3,018
Wells Fargo Bank 249 3.18% $3,814
JPMorgan Chase Bank 204 3.11% $3,335
Manufacturers and Traders Trust Company 199 3.19% $3,648
Five Star Bank 192 3.00% $3,280
RELIANT COMMUNITY FEDERAL CREDIT UNION 179 3.22% $2,697
MOVEMENT MORTGAGE, LLC 173 3.15% $4,074
HUNT MORTGAGE CORPORATION 170 3.16% $3,829
Community Bank 164 3.55% $804
Bank of America 162 2.53% $2,563
Citizens Bank 134 3.05% $3,567
THE SUMMIT Federal Credit Union 127 3.16% $2,539
HOMESTEAD FUNDING CORP. 121 3.30% $3,428
FAMILY FIRST OF NY 103 3.27% $2,822
Mr. Cooper ( Nationstar Mortgage ) 102 3.42% $4,601
NVR Mortgage Finance, Inc. 74 3.02% $6,257
Pittsford Federal Credit Union 72 2.98% $2,910
CALIBER HOME LOANS, INC. 67 3.10% $4,753
Northwest Bank 53 3.07% $4,412
FINANCE OF AMERICA MORTGAGE LLC 46 3.07% $5,594
LOANDEPOT.COM, LLC 46 3.03% $4,664
HOME POINT FINANCIAL CORPORATION 45 3.07% $5,628
PLAZA HOME MORTGAGE, INC. 44 3.05% $6,871
RESIDENTIAL MORTGAGE SERVICES, INC. 40 3.01% $3,705
NEWREZ LLC 38 3.23% $4,518
BETTER MORTGAGE CORPORATION 33 3.00% $5,264
GUARANTEED RATE, INC. 30 3.06% $4,028
Farm Credit East, ACA 29 3.43% $5,737
VISIONS 26 3.06% $2,294
FREEDOM MORTGAGE CORPORATION 25 3.24% $4,384
PARKSIDE LENDING, LLC 25 3.24% $4,588
NAVY FEDERAL CREDIT UNION 24 3.81% $4,460
KINECTA 24 3.15% $4,167
ROYAL UNITED MORTGAGE LLC 22 3.69% $5,967
AMERICAN FINANCIAL NETWORK, INC. 21 3.24% $11,139
AMERICAN FINANCING CORPORATION 20 3.13% $3,918
OWNERSCHOICE FUNDING, INCORPORATED 18 3.16% $3,011
Stifel Bank and Trust 17 2.72% $3,848
PARAGON HOME LOANS INC. 15 3.10% $3,195
Flagstar Bank, FSB 13 3.33% $4,491
Empower Federal Credit Union 12 3.21% $3,629
CORNING 11 2.97% $4,571
First Savings Bank 11 3.01% $3,205
TD Bank 11 3.01% $4,595
U.S. Bank 11 3.20% $4,493
SEFCU SERVICES, LLC 10 2.99% $2,713
CROSSCOUNTRY MORTGAGE, LLC 10 3.39% $4,289
Discover Bank 10 4.13% $0
HOMEBRIDGE FINANCIAL SERVICES, INC. 9 3.29% $4,411
Citibank 9 2.86% $4,711
PNC Bank 9 3.03% $4,303
RELIANCE FIRST CAPITAL, LLC 9 3.36% $6,778
Morgan Stanley Private Bank 8 2.67% $5,471
Valley National Bank 8 3.05% $3,861
AMERICU Credit Union 8 3.81% $3,715
PENTAGON FEDERAL CREDIT UNION 8 3.00% $2,456
ONTARIO SHORES 8 3.28% $2,282
Carrington Mortgage Services, LLC 8 3.31% $4,498
North American Savings Bank, F.S.B. 7 3.05% $2,438
Charles Schwab Bank, SSB 6 2.37% $4,766
InterContinental Capital Group, Inc 5 3.28% $6,423
PREMIA MORTGAGE, LLC 5 2.87% $765
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 5 3.35% $4,855
Pathfinder Bank 5 3.28% $2,985
CCFCU FUNDING, LLC 4 3.03% $3,649
CFCU Community Credit Union 4 3.13% $1,677
Elmira Savings Bank 4 3.13% $2,015
GUIDANCE RESIDENTIAL, LLC 4 3.16% $5,131
NBKC BANK 4 2.91% $2,667
Quontic Bank 4 5.88% $6,963
The Huntington National Bank 4 3.19% $5,267
Tompkins Trust Company 4 3.19% $3,313
UBS Bank USA 4 2.72% $6,012
MID-ISLAND MORTGAGE CORP. 3 3.00% $2,257
RBC Bank, (Georgia) 3 3.63% $2,740
Goldman Sachs Bank USA 3 2.76% $5,963
Raymond James Bank 3 3.58% $3,314
First Horizon Bank 3 3.00% $3,888
First Home Bank 3 3.17% $6,876
NATIONWIDE MORTGAGE BANKERS, INC. 3 3.29% $5,642
UIF CORPORATION 3 2.83% $6,191
Baxter Credit Union 3 2.71% $3,000
Luxury Mortgage Corp. 3 3.71% $9,603
Chemung Canal Trust Company 3 3.17% $2,708
KELLER MORTGAGE, LLC 2 3.19% $2,227
LENOX FINANCIAL MORTGAGE CORPORATION 2 3.56% $3,503
FM Home Loans, LLC 2 3.44% $4,796
LYNX MORTGAGE BANK LLC 2 2.94% $3,294
Magnolia Bank 2 3.19% $7,423
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 2 2.75% $5,558
First Internet Bank of Indiana 2 2.94% $6,058
NJ LENDERS CORP. 2 3.38% $5,419
N R L Federal Credit Union 2 3.19% $5,351
EVERETT FINANCIAL, INC. 2 3.56% $2,422
EQUITY NOW INC. 2 3.00% $4,601
EMM LOANS LLC 2 2.99% $6,099
Paramount Bank 2 2.88% $6,414
Colonial Savings, F.A. 2 3.31% $1,928
ROUNDPOINT MORTGAGE SERVICING CORPORATION 2 3.19% $6,323
Bank of England 2 3.50% $3,859
TIAA, FSB 2 2.75% $5,259
UNITED MORTGAGE CORP. 2 4.13% $5,038
UTILITIES EMPLOYEES CREDIT UNION 2 3.12% $3,189
AgFirst Farm Credit Bank 2 3.13% $3,830
HSBC BANK USA, NATIONAL ASSOCIATION 2 2.75% $4,616
GUARANTEED RATE AFFINITY, LLC 2 3.13% $2,091
HUDSON VALLEY CREDIT UNION 1 2.88% $2,281
EMBRACE HOME LOANS, INC. 1 3.13% $3,280
DRAPER AND KRAMER MORTGAGE CORP. 1 3.00% $3,161
DIGITAL Federal Credit Union 1 2.88% $3,733
PHH Mortgage Corporation 1 4.38% $5,060
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.25% $5,109
COMMONFUND MORTGAGE CORP. 1 3.00% $2,910
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.38% $4,822
POLISH & SLAVIC FEDERAL CREDIT UNION 1 3.00% $2,538
CNB Bank 1 3.25% $2,954
CMG MORTGAGE, INC. 1 3.25% $4,396
CLIFFCO, INC. 1 3.88% $3,855
City National Bank 1 2.56% $6,241
Advisors Mortgage Group, L.L.C. 1 3.88% $2,988
MORTGAGE ACCESS CORP. 1 3.63% $3,910
MLD MORTGAGE INC. 1 2.88% $4,157
Citizens & Northern Bank 1 2.63% $4,836
CIBC Bank USA 1 3.50% $3,444
RESIDENTIAL HOME FUNDING CORP. 1 4.13% $8,961
Meridian Bank Corporation 1 3.00% $6,270
AMERICAN FEDERAL MORTGAGE CORPORATION 1 2.88% $3,616
Bethpage Federal Credit Union 1 3.00% $9,948
First Republic Bank 1 2.85% $5,143
Signature Federal Credit Union 1 2.75% $3,492
Great Southern Bank 1 2.98% $2,815
SUNMARK FEDERAL CREDIT UNION 1 3.63% $4,037
SUN WEST MORTGAGE COMPANY, INC. 1 3.13% $8,059
Bank of Ann Arbor 1 3.00% $3,485
The Federal Savings Bank 1 3.00% $3,770
A&D Mortgage LLC 1 3.99% $8,959
Bank-Fund Staff Federal Credit Union 1 2.88% $3,873
ARC HOME LLC 1 3.13% $874
Geddes Federal Savings and Loan Association 1 3.63% $8,754
First Citizens Community Bank 1 2.63% $3,233
NBH Bank 1 2.88% $4,603
Vibrant Credit Union 1 3.13% $2,714
NBT Bank 1 2.88% $2,716
FirstBank 1 2.00% $3,219
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION 1 2.88% $3,992
FIRST ALLIANCE HOME MORTGAGE, LLC 1 4.00% $5,171
Northpointe Bank 1 3.25% $2,632
FAMILY FIRST FUNDING LLC 1 4.13% $6,573
Northwest Federal Credit Union 1 3.00% $3,692
TOTAL MORTGAGE SERVICES, LLC 1 2.88% $3,746
Evolve Bank & Trust 1 3.38% $3,697
Truist Bank 1 2.70% $10,848
York Traditions Bank 1 3.00% $3,306
LAND HOME FINANCIAL SERVICES, INC. 1 2.88% $10,738

ROCHESTER, NY's 164 lenders originated 35,878 loans during 2021. The total origination value was $6,296,350,000, with an average loan value of $175,493.

The top ROCHESTER lender as defined by loan originations is Premium Mortgage Corporation, with 2,229 loans originated. Their average total fees are $3,283, which is $189 higher than the next largest lender, ESL Federal Credit Union.

The lowest fee ROCHESTER lenders (with over 10 loans originated) are Discover Bank ($0), Community Bank ($804), VISIONS ($2,294), THE SUMMIT Federal Credit Union ($2,539) and Bank of America ($2,563).

The lowest rate ROCHESTER lenders (with over 10 loans originated) are Bank of America (2.53%), Stifel Bank and Trust (2.72%), CORNING (2.97%), HOME TOWN FUNDING, INC. (2.97%) and ESL Federal Credit Union (2.98%).

ROCHESTER, 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
ESL Federal Credit Union $714,895,000 $879,240,000 23.0% 14.0%
Premium Mortgage Corporation $579,180,000 $647,830,000 11.9% 10.3%
HOME TOWN FUNDING, INC. $574,000,000 $473,220,000 -17.6% 7.5%
QUICKEN LOANS, LLC $309,850,000 $406,010,000 31.0% 6.4%
Genesee Regional Bank $333,055,000 $340,720,000 2.3% 5.4%
The Lyons National Bank $234,600,000 $208,725,000 -11.0% 3.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $204,145,000 $192,620,000 -5.6% 3.1%
KeyBank $188,885,000 $192,385,000 1.9% 3.1%
Manufacturers and Traders Trust Company $170,715,000 $165,255,000 -3.2% 2.6%
The Canandaigua National Bank and Trust Company $115,980,000 $141,225,000 21.8% 2.2%
Citizens Bank $99,180,000 $141,050,000 42.2% 2.2%
Wells Fargo Bank $71,330,000 $135,145,000 89.5% 2.1%
Five Star Bank $97,260,000 $118,490,000 21.8% 1.9%
Bank of America $51,110,000 $105,785,000 107.0% 1.7%
1ST PRIORITY MORTGAGE, INC. $154,815,000 $104,665,000 -32.4% 1.7%
BERKELEY POINT CAPITAL LLC $96,910,000 n/a 1.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $30,655,000 $95,750,000 212.3% 1.5%
UNITED WHOLESALE MORTGAGE, LLC $44,350,000 $95,035,000 114.3% 1.5%
JPMorgan Chase Bank $46,040,000 $87,195,000 89.4% 1.4%
THE SUMMIT Federal Credit Union $95,845,000 $85,155,000 -11.2% 1.4%
Pittsford Federal Credit Union $63,250,000 $77,825,000 23.0% 1.2%
RELIANT COMMUNITY FEDERAL CREDIT UNION $84,875,000 $77,690,000 -8.5% 1.2%
M&T Realty Capital Corporation $153,900,000 $77,370,000 -49.7% 1.2%
Arbor Realty Trust, Inc. $3,505,000 $75,365,000 2,050.2% 1.2%
Community Bank $65,470,000 $69,560,000 6.2% 1.1%
Mr. Cooper ( Nationstar Mortgage ) $41,880,000 $67,035,000 60.1% 1.1%
MOVEMENT MORTGAGE, LLC $37,715,000 $62,085,000 64.6% 1.0%
FAMILY FIRST OF NY $55,455,000 $56,815,000 2.5% 0.9%
Capital One $103,460,000 $51,380,000 -50.3% 0.8%
HUNT MORTGAGE CORPORATION $36,670,000 $48,230,000 31.5% 0.8%
The Bank of Castile $67,025,000 $45,380,000 -32.3% 0.7%
Evans Bank $23,040,000 $44,950,000 95.1% 0.7%
HOMESTEAD FUNDING CORP. $35,255,000 $33,835,000 -4.0% 0.5%
Advantage Federal Credit Union $20,615,000 $29,290,000 42.1% 0.5%
NORTHMARQ CAPITAL FINANCE, L.L.C. $9,405,000 $28,505,000 203.1% 0.5%
NVR Mortgage Finance, Inc. $26,450,000 $27,395,000 3.6% 0.4%
LOANDEPOT.COM, LLC $36,225,000 $27,195,000 -24.9% 0.4%
FREEDOM MORTGAGE CORPORATION $9,965,000 $26,370,000 164.6% 0.4%
CALIBER HOME LOANS, INC. $25,835,000 $24,720,000 -4.3% 0.4%
FINANCE OF AMERICA MORTGAGE LLC $26,980,000 $21,165,000 -21.6% 0.3%
NEWREZ LLC $11,980,000 $21,085,000 76.0% 0.3%
HOME POINT FINANCIAL CORPORATION $14,735,000 $19,920,000 35.2% 0.3%
PLAZA HOME MORTGAGE, INC. $21,825,000 $19,890,000 -8.9% 0.3%
Northwest Bank $43,820,000 $19,750,000 -54.9% 0.3%
PRUDENTIAL MULTIFAMILY MORTGAGE, LLC $18,415,000 n/a 0.3%
NAVY FEDERAL CREDIT UNION $14,320,000 $17,840,000 24.6% 0.3%
The Upstate National Bank $16,440,000 $17,750,000 8.0% 0.3%
RESIDENTIAL MORTGAGE SERVICES, INC. $44,050,000 $17,015,000 -61.4% 0.3%
Mortgage Research Center, LLC $10,890,000 $16,970,000 55.8% 0.3%
BETTER MORTGAGE CORPORATION $6,365,000 $16,285,000 155.9% 0.3%
Wayne Bank $13,960,000 $14,755,000 5.7% 0.2%
FINGER LAKES $16,755,000 $14,285,000 -14.7% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $9,980,000 $14,150,000 41.8% 0.2%
GUARANTEED RATE, INC. $15,270,000 $13,650,000 -10.6% 0.2%
KINECTA $12,825,000 n/a 0.2%
USAA Federal Savings Bank $15,640,000 $11,480,000 -26.6% 0.2%
Ukrainian Federal Credit Union $12,315,000 $11,200,000 -9.1% 0.2%
GREYSTONE SERVICING COMPANY LLC $99,025,000 $10,125,000 -89.8% 0.2%
Farm Credit East, ACA $9,620,000 $9,875,000 2.7% 0.2%
U.S. Bank $7,395,000 $9,660,000 30.6% 0.2%
VISIONS $12,295,000 $9,455,000 -23.1% 0.2%
Empower Federal Credit Union $8,455,000 $8,995,000 6.4% 0.1%
Stifel Bank and Trust $5,000,000 $8,985,000 79.7% 0.1%
CORNING $12,185,000 $8,865,000 -27.2% 0.1%
THE BRYN MAWR TRUST COMPANY $28,160,000 $8,255,000 -70.7% 0.1%
PENTAGON FEDERAL CREDIT UNION $2,395,000 $8,045,000 235.9% 0.1%
Carrington Mortgage Services, LLC $8,135,000 $7,270,000 -10.6% 0.1%
GENESEE VALLEY $7,485,000 $7,215,000 -3.6% 0.1%
ROYAL UNITED MORTGAGE LLC $4,070,000 $7,035,000 72.9% 0.1%
PARKSIDE LENDING, LLC $18,105,000 $6,845,000 -62.2% 0.1%
Chemung Canal Trust Company $6,755,000 n/a 0.1%
Morgan Stanley Private Bank $1,920,000 $6,710,000 249.5% 0.1%
RELIANCE FIRST CAPITAL, LLC $4,385,000 $6,645,000 51.5% 0.1%
AMERICAN FINANCING CORPORATION $1,450,000 $6,455,000 345.2% 0.1%
PARAGON HOME LOANS INC. $5,365,000 $5,925,000 10.4% 0.1%
COREVEST AMERICAN FINANCE LENDER LLC $5,535,000 n/a 0.1%
Generations Bank $7,070,000 $5,500,000 -22.2% 0.1%
READYCAP COMMERCIAL, LLC $1,325,000 $5,415,000 308.7% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $4,085,000 $5,230,000 28.0% 0.1%
Barrington Bank & Trust Company, N.A. $4,330,000 $4,745,000 9.6% 0.1%
OWNERSCHOICE FUNDING, INCORPORATED $6,430,000 $4,635,000 -27.9% 0.1%
PNC Bank $52,260,000 $4,535,000 -91.3% 0.1%
Flagstar Bank, FSB $1,795,000 $4,360,000 142.9% 0.1%
TD Bank $3,385,000 $4,210,000 24.4% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $8,560,000 $4,200,000 -50.9% 0.1%
Citibank $2,230,000 $3,845,000 72.4% 0.1%
Lake Shore Savings Bank $165,000 $3,810,000 2,209.1% 0.1%
SEFCU SERVICES, LLC $2,750,000 $3,695,000 34.4% 0.1%
The Federal Savings Bank $1,870,000 $3,525,000 88.5% 0.1%
North American Savings Bank, F.S.B. $4,925,000 $3,485,000 -29.2% 0.1%
UBS Bank USA $1,605,000 $3,425,000 113.4% 0.1%
Charles Schwab Bank, SSB $210,000 $3,345,000 1,492.9% 0.1%
Discover Bank $2,660,000 $3,330,000 25.2% 0.1%
AMERICU Credit Union $1,590,000 $3,175,000 99.7% 0.1%
21ST MORTGAGE CORPORATION $3,475,000 $3,000,000 -13.7% 0.0%
Goldman Sachs Bank USA $1,005,000 $2,965,000 195.0% 0.0%
NBKC BANK $1,020,000 $2,850,000 179.4% 0.0%
ONTARIO SHORES $2,600,000 $2,525,000 -2.9% 0.0%
First Savings Bank $5,465,000 $2,380,000 -56.5% 0.0%
SERVU FEDERAL CREDIT UNION $2,020,000 $2,365,000 17.1% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $3,090,000 $2,345,000 -24.1% 0.0%
EMBRACE HOME LOANS, INC. $1,440,000 $2,210,000 53.5% 0.0%
GUIDANCE RESIDENTIAL, LLC $1,235,000 $2,065,000 67.2% 0.0%
LIMA ONE CAPITAL, LLC $310,000 $2,050,000 561.3% 0.0%
Geddes Federal Savings and Loan Association $105,000 $1,935,000 1,742.9% 0.0%
First Home Bank $3,420,000 $1,830,000 -46.5% 0.0%
Valley National Bank $3,405,000 $1,775,000 -47.9% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $1,445,000 $1,755,000 21.5% 0.0%
InterContinental Capital Group, Inc $1,730,000 $1,710,000 -1.2% 0.0%
The Huntington National Bank $1,640,000 n/a 0.0%
PREMIA MORTGAGE, LLC $460,000 $1,535,000 233.7% 0.0%
PHH Mortgage Corporation $1,115,000 $1,530,000 37.2% 0.0%
STATE EMPLOYEES FEDERAL CREDIT UNION $620,000 $1,495,000 141.1% 0.0%
First Federal Bank $1,245,000 $1,475,000 18.5% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $815,000 $1,460,000 79.1% 0.0%
Metro City Bank $595,000 $1,415,000 137.8% 0.0%
Luxury Mortgage Corp. $1,385,000 n/a 0.0%
Elmira Savings Bank $1,880,000 $1,340,000 -28.7% 0.0%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $5,855,000 $1,290,000 -78.0% 0.0%
AMERICAN ADVISORS GROUP $1,715,000 $1,270,000 -25.9% 0.0%
TIAA, FSB $2,330,000 $1,235,000 -47.0% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $1,215,000 $1,200,000 -1.2% 0.0%
GUARANTEED RATE AFFINITY, LLC $155,000 $1,175,000 658.1% 0.0%
Magnolia Bank $605,000 $1,155,000 90.9% 0.0%
CCFCU FUNDING, LLC $435,000 $1,135,000 160.9% 0.0%
REVERSE MORTGAGE FUNDING LLC $355,000 $1,130,000 218.3% 0.0%
ARC HOME LLC $2,815,000 $1,065,000 -62.2% 0.0%
CNB Bank $1,360,000 $1,025,000 -24.6% 0.0%
Pathfinder Bank $355,000 $1,000,000 181.7% 0.0%
SILVER HILL FUNDING, LLC $970,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $165,000 $970,000 487.9% 0.0%
Colonial Savings, F.A. $960,000 n/a 0.0%
RESIDENTIAL HOME FUNDING CORP. $270,000 $960,000 255.6% 0.0%
First Horizon Bank $875,000 n/a 0.0%
UIF CORPORATION $870,000 n/a 0.0%
First Internet Bank of Indiana $1,580,000 $845,000 -46.5% 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $840,000 n/a 0.0%
EQUITY NOW INC. $305,000 $835,000 173.8% 0.0%
Baxter Credit Union $1,605,000 $820,000 -48.9% 0.0%
NBT Bank $1,725,000 $790,000 -54.2% 0.0%
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. $225,000 $775,000 244.4% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $685,000 $765,000 11.7% 0.0%
CFCU Community Credit Union $1,225,000 $760,000 -38.0% 0.0%
UNITED MORTGAGE CORP. $300,000 $745,000 148.3% 0.0%
Equity Prime Mortgage LLC $715,000 $735,000 2.8% 0.0%
First Citizens Community Bank $490,000 $730,000 49.0% 0.0%
Third Federal Savings and Loan Association of Cleveland $2,200,000 $725,000 -67.0% 0.0%
City National Bank $1,085,000 $720,000 -33.6% 0.0%
DIGITAL Federal Credit Union $545,000 $700,000 28.4% 0.0%
EMM LOANS LLC $1,705,000 $695,000 -59.2% 0.0%
FINANCE OF AMERICA REVERSE LLC $190,000 $675,000 255.3% 0.0%
MID-ISLAND MORTGAGE CORP. $330,000 $660,000 100.0% 0.0%
ALLIED MORTGAGE GROUP, INC. $1,330,000 $635,000 -52.3% 0.0%
RBC Bank, (Georgia) $375,000 $635,000 69.3% 0.0%
Bethpage Federal Credit Union $5,660,000 $625,000 -89.0% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $775,000 $625,000 -19.4% 0.0%
Tompkins Trust Company $700,000 $620,000 -11.4% 0.0%
Meridian Bank Corporation $1,015,000 $615,000 -39.4% 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $615,000 n/a 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $215,000 $585,000 172.1% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $585,000 n/a 0.0%
Quontic Bank $310,000 $570,000 83.9% 0.0%
Raymond James Bank $925,000 $565,000 -38.9% 0.0%
UTILITIES EMPLOYEES CREDIT UNION $940,000 $565,000 -39.9% 0.0%
Tioga State Bank $440,000 $550,000 25.0% 0.0%
Visio Financial Services Inc. $550,000 n/a 0.0%
Leader Bank $545,000 n/a 0.0%
Evolve Bank & Trust $145,000 $535,000 269.0% 0.0%
The Union Bank Company $705,000 $530,000 -24.8% 0.0%
Truist Bank $1,525,000 $530,000 -65.2% 0.0%
Berkshire Bank $2,975,000 $525,000 -82.4% 0.0%
COMMONFUND MORTGAGE CORP. $830,000 $525,000 -36.7% 0.0%
EVERETT FINANCIAL, INC. $1,485,000 $510,000 -65.7% 0.0%
FIRST CREDIT CORPORATION OF NEW YORK, INC. $465,000 $505,000 8.6% 0.0%
CMG MORTGAGE, INC. $250,000 $490,000 96.0% 0.0%
FAMILY FIRST FUNDING LLC $95,000 $485,000 410.5% 0.0%
Seneca Savings $165,000 $465,000 181.8% 0.0%
MORTGAGE ACCESS CORP. $415,000 $460,000 10.8% 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $1,990,000 $450,000 -77.4% 0.0%
FM Home Loans, LLC $370,000 $440,000 18.9% 0.0%
LYNX MORTGAGE BANK LLC $440,000 n/a 0.0%
Bank of England $670,000 $435,000 -35.1% 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $260,000 $435,000 67.3% 0.0%
HUDSON VALLEY CREDIT UNION $315,000 $420,000 33.3% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $220,000 $420,000 90.9% 0.0%
FirstBank $1,200,000 $415,000 -65.4% 0.0%
PLANET HOME LENDING, LLC $440,000 $415,000 -5.7% 0.0%
Signature Federal Credit Union $415,000 n/a 0.0%
NJ LENDERS CORP. $145,000 $410,000 182.8% 0.0%
AgFirst Farm Credit Bank $55,000 $405,000 636.4% 0.0%
FIRST SOURCE $105,000 $385,000 266.7% 0.0%
CONSTRUCTIVE LOANS, LLC $405,000 $375,000 -7.4% 0.0%
AmRes Corporation $370,000 n/a 0.0%
BNC National Bank $355,000 n/a 0.0%
First Republic Bank $355,000 n/a 0.0%
THRIVENT Federal Credit Union $95,000 $345,000 263.2% 0.0%
TEACHERS $1,625,000 $335,000 -79.4% 0.0%
Paramount Bank $330,000 n/a 0.0%
TOTAL MORTGAGE SERVICES, LLC $295,000 $330,000 11.9% 0.0%
FIRST HERITAGE FEDERAL CREDIT UNION $1,600,000 $315,000 -80.3% 0.0%
Alden State Bank $385,000 $305,000 -20.8% 0.0%
A&D Mortgage LLC $300,000 n/a 0.0%
ALLIANT CREDIT UNION $285,000 $300,000 5.3% 0.0%
BMI Federal Credit Union $300,000 n/a 0.0%
KELLER MORTGAGE, LLC $300,000 n/a 0.0%
RESIDENTIAL HOME MORTGAGE CORPORATION $285,000 n/a 0.0%
POLISH & SLAVIC FEDERAL CREDIT UNION $265,000 n/a 0.0%
ATHAS CAPITAL GROUP, INC. $260,000 n/a 0.0%
CHEVRON $145,000 $255,000 75.9% 0.0%
S&T Bank $310,000 $255,000 -17.7% 0.0%
LENDINGHOME FUNDING CORPORATION $85,000 $250,000 194.1% 0.0%
LENDINGONE, LLC $250,000 n/a 0.0%
ALLEGACY FEDERAL CREDIT UNION $235,000 n/a 0.0%
Tyndall Federal Credit Union $235,000 n/a 0.0%
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $225,000 n/a 0.0%
MLD MORTGAGE INC. $225,000 n/a 0.0%
Bank-Fund Staff Federal Credit Union $215,000 n/a 0.0%
First Federal Bank of Kansas City $215,000 n/a 0.0%
N R L Federal Credit Union $210,000 n/a 0.0%
NBH Bank $205,000 n/a 0.0%
Bank of Ann Arbor $195,000 n/a 0.0%
Northwest Federal Credit Union $55,000 $195,000 254.5% 0.0%
United Nations Federal Credit Union $195,000 n/a 0.0%
FIRST ALLIANCE HOME MORTGAGE, LLC $185,000 n/a 0.0%
Cornerstone Community Federal Credit Union $125,000 $175,000 40.0% 0.0%
First National Bank of Scotia $175,000 n/a 0.0%
NUMARK CREDIT UNION $100,000 $160,000 60.0% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $430,000 $155,000 -64.0% 0.0%
HUDSON HERITAGE $155,000 n/a 0.0%
SUNMARK FEDERAL CREDIT UNION $95,000 $155,000 63.2% 0.0%
Secured Investment Corp. $45,000 $150,000 233.3% 0.0%
Citizens & Northern Bank $360,000 $145,000 -59.7% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $145,000 n/a 0.0%
Fulton Savings Bank $65,000 $145,000 123.1% 0.0%
Great Southern Bank $145,000 n/a 0.0%
CAPITAL COMMUNICATIONS Federal Credit Union $110,000 $135,000 22.7% 0.0%
Congressional Bank $135,000 n/a 0.0%
FIRST TECHNOLOGY $215,000 $135,000 -37.2% 0.0%
Ballston Spa National Bank $125,000 $130,000 4.0% 0.0%
BayCoast Bank $25,000 $130,000 420.0% 0.0%
FOUR POINTS $115,000 $125,000 8.7% 0.0%
Vibrant Credit Union $125,000 n/a 0.0%
Adirondack Bank $115,000 n/a 0.0%
Amalgamated Bank $115,000 n/a 0.0%
Core Bank $115,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $115,000 n/a 0.0%
Hometown Equity Mortgage, LLC $105,000 n/a 0.0%
Northpointe Bank $880,000 $105,000 -88.1% 0.0%
SIRVA MORTGAGE, INC. $285,000 $105,000 -63.2% 0.0%
USAlliance Federal Credit Union $105,000 n/a 0.0%
CLIFFCO, INC. $100,000 n/a 0.0%
Advisors Mortgage Group, L.L.C. $95,000 n/a 0.0%
American Airlines Federal Credit Union $95,000 n/a 0.0%
CIBC Bank USA $95,000 n/a 0.0%
York Traditions Bank $95,000 n/a 0.0%
First American Bank $85,000 n/a 0.0%
Municipal Credit Union $85,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $180,000 $65,000 -63.9% 0.0%
NIAGARA'S CHOICE $45,000 $65,000 44.4% 0.0%
Axos Bank $660,000 $45,000 -93.2% 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%
SUN Federal Credit Union $15,000 n/a 0.0%

ROCHESTER's top lender by overall market share is ESL Federal Credit Union, with 14.0% market share. In second place, with 10.3%, is Premium Mortgage Corporation, having originated $647,830,000 in loans. In third place, with 7.5%, is HOME TOWN FUNDING, INC., having originated $473,220,000 in loans. In third place, with 6.4%, is QUICKEN LOANS, LLC, having originated $406,010,000 in loans. In third place, with 5.4%, is Genesee Regional Bank, having originated $340,720,000 in loans.


ROCHESTER, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 13,236 $2,759,480,000 $208,483
Refi 10,389 $1,777,305,000 $171,076
Cash Out Refi 6,321 $1,287,165,000 $203,633
Home Improvement 3,108 $239,260,000 $76,982
Other 2,819 $229,505,000 $81,414
NA 5 $3,635,000 $727,000

Rochester's most frequently cited loan purpose was Home Purchase, with 13,236 originations. The 2nd most popular reason was Refi, with 10,389 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 12,859 $2,222,435,000 $172,831
2.5-3% 12,202 $2,304,600,000 $188,871
<2.5% 6,814 $954,880,000 $140,135
4-5% 2,021 $261,145,000 $129,216
5-6% 536 $29,670,000 $55,354
6-7% 170 $10,910,000 $64,176
7-8% 71 $6,715,000 $94,577
Over 8% 67 $3,085,000 $46,045

During 2021, Rochester's most frequently originated rate bucket was 3-4%, with 12,859 originations.

Loan Sizing (ROCHESTER, NY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 16,321 $2,348,895,000 $143,919
$100,000 or less 10,989 $644,805,000 $58,677
$200k-400k 7,442 $1,962,850,000 $263,753
$400k-600k 829 $390,085,000 $470,549
$600k-1000k 156 $114,630,000 $734,808
$Over $1MM 141 $835,085,000 $5,922,589

ROCHESTER's loan sizing saw the bucket of loans from $100k-200k with 16,321 originations, totaling $2,348,895,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 11,323 $2,402,805,000 $212,206
60-80% 11,172 $2,383,200,000 $213,319
40-60% 5,237 $770,445,000 $147,116
20-40% 3,985 $300,355,000 $75,371
Under 20% 2,761 $89,725,000 $32,497
Over 100% 178 $44,700,000 $251,124

ROCHESTER's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 11,323 originations, totaling $2,402,805,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - ROCHESTER (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 $161,498 (7.7%) $224,175 (6.7%) 0.59 2,161
2018-02-01 $172,400 (11.3%) $229,444 (5.2%) 0.62 2,112
2018-03-01 $179,900 (9.1%) $236,472 (5.8%) 0.62 2,174
2018-04-01 $195,000 (11.5%) $245,194 (5.9%) 0.65 2,324
2018-05-01 $198,800 (10.5%) $248,460 (4.6%) 0.66 2,561
2018-06-01 $197,500 (9.8%) $250,187 (5.7%) 0.66 2,792
2018-07-01 $189,900 (5.6%) $247,082 (2.8%) 0.63 2,947
2018-08-01 $189,450 (8.3%) $243,592 (3.6%) 0.63 3,053
2018-09-01 $189,900 (10.5%) $240,685 (3.6%) 0.64 3,006
2018-10-01 $182,400 (7.6%) $235,728 (1.7%) 0.61 2,930
2018-11-01 $179,900 (5.9%) $234,744 (1.8%) 0.60 2,718
2018-12-01 $184,900 (8.8%) $241,503 (4.9%) 0.63 2,338
2019-01-01 $189,900 (17.6%) $249,750 (11.4%) 0.65 1,982
2019-02-01 $199,900 (16.0%) $259,596 (13.1%) 0.67 1,906
2019-03-01 $212,814 (18.3%) $274,288 (16.0%) 0.69 1,882
2019-04-01 $232,450 (19.2%) $297,303 (21.3%) 0.73 1,885
2019-05-01 $231,250 (16.3%) $300,100 (20.8%) 0.71 1,979
2019-06-01 $229,900 (16.4%) $279,315 (11.6%) 0.71 2,158
2019-07-01 $229,900 (21.1%) $278,928 (12.9%) 0.71 2,271
2019-08-01 $220,280 (16.3%) $275,209 (13.0%) 0.69 2,285
2019-09-01 $209,950 (10.6%) $269,168 (11.8%) 0.67 2,292
2019-10-01 $202,500 (11.0%) $271,710 (15.3%) 0.65 2,334
2019-11-01 $202,900 (12.8%) $268,768 (14.5%) 0.65 2,102
2019-12-01 $199,900 (8.1%) $266,326 (10.3%) 0.67 1,827
2020-01-01 $206,400 (8.7%) $268,033 (7.3%) 0.69 1,566
2020-02-01 $226,500 (13.3%) $276,773 (6.6%) 0.73 1,428
2020-03-01 $237,300 (11.5%) $286,743 (4.5%) 0.74 1,466
2020-04-01 $250,900 (7.9%) $300,970 (1.2%) 0.78 1,392
2020-05-01 $254,900 (10.2%) $307,009 (2.3%) 0.77 1,383
2020-06-01 $249,200 (8.4%) $299,610 (7.3%) 0.73 1,483
2020-07-01 $249,900 (8.7%) $306,985 (10.1%) 0.72 1,445
2020-08-01 $246,100 (11.7%) $297,592 (8.1%) 0.70 1,389
2020-09-01 $226,950 (8.1%) $283,134 (5.2%) 0.65 1,394
2020-10-01 $229,000 (13.1%) $288,642 (6.2%) 0.65 1,322
2020-11-01 $229,450 (13.1%) $299,943 (11.6%) 0.66 1,190
2020-12-01 $232,595 (16.4%) $311,073 (16.8%) 0.68 949
2021-01-01 $259,900 (25.9%) $325,097 (21.3%) 0.76 826
2021-02-01 $274,900 (21.4%) $337,330 (21.9%) 0.79 748
2021-03-01 $264,900 (11.6%) $328,963 (14.7%) 0.74 773
2021-04-01 $249,581 (-0.5%) $317,821 (5.6%) 0.67 810
2021-05-01 $249,000 (-2.3%) $312,003 (1.6%) 0.66 860
2021-06-01 $244,450 (-1.9%) $317,702 (6.0%) 0.63 1,022
2021-07-01 $242,400 (-3.0%) $321,569 (4.8%) 0.63 1,097
2021-08-01 $229,250 (-6.9%) $316,301 (6.3%) 0.60 1,071
2021-09-01 $216,950 (-4.4%) $302,913 (7.0%) 0.57 1,077
2021-10-01 $211,000 (-7.9%) $297,290 (3.0%) 0.56 944
2021-11-01 $199,900 (-12.9%) $290,643 (-3.1%) 0.53 831
2021-12-01 $199,000 (-14.4%) $288,038 (-7.4%) 0.53 675
2022-01-01 $200,000 (-23.1%) $299,481 (-7.9%) 0.53 554
2022-02-01 $225,000 (-18.2%) $308,629 (-8.5%) 0.57 551
2022-03-01 $219,950 (-17.0%) $291,484 (-11.4%) 0.54 629
2022-04-01 $199,999 (-19.9%) $281,224 (-11.5%) 0.47 730
ROCHESTER's median listing price for 2022-04-01 was $199,999, a difference of $-49,582 (-19.9%) versus the prior year and $-19,951 versus the prior month.

ROCHESTER's median listing price comes in at 47% of the national average.

ROCHESTER's average listing price for 2022-04-01 was $281,224, a difference of $-36,597 (-11.5%) versus the prior year and $-10,260 versus the prior month.

For the 2022-04-01 period, ROCHESTER had 730 MLS listings, a difference of 101 listings (16%) versus the prior month and -80 listings (-10%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - ROCHESTER (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 67 days 1,715 sqft
2018-02-01 63 days 1,755 sqft
2018-03-01 46 days 1,766 sqft
2018-04-01 37 days 1,773 sqft
2018-05-01 37 days 1,774 sqft
2018-06-01 37 days 1,781 sqft
2018-07-01 40 days 1,773 sqft
2018-08-01 45 days 1,765 sqft
2018-09-01 48 days 1,757 sqft
2018-10-01 52 days 1,746 sqft
2018-11-01 58 days 1,728 sqft
2018-12-01 70 days 1,740 sqft
2019-01-01 72 days 1,729 sqft
2019-02-01 60 days 1,745 sqft
2019-03-01 46 days 1,769 sqft
2019-04-01 36 days 1,803 sqft
2019-05-01 32 days 1,816 sqft
2019-06-01 32 days 1,820 sqft
2019-07-01 36 days 1,818 sqft
2019-08-01 43 days 1,807 sqft
2019-09-01 43 days 1,793 sqft
2019-10-01 44 days 1,787 sqft
2019-11-01 50 days 1,772 sqft
2019-12-01 62 days 1,754 sqft
2020-01-01 64 days 1,741 sqft
2020-02-01 44 days 1,754 sqft
2020-03-01 36 days 1,772 sqft
2020-04-01 47 days 1,766 sqft
2020-05-01 56 days 1,823 sqft
2020-06-01 29 days 1,800 sqft
2020-07-01 29 days 1,802 sqft
2020-08-01 28 days 1,760 sqft
2020-09-01 28 days 1,736 sqft
2020-10-01 30 days 1,732 sqft
2020-11-01 35 days 1,721 sqft
2020-12-01 49 days 1,725 sqft
2021-01-01 55 days 1,733 sqft
2021-02-01 35 days 1,745 sqft
2021-03-01 22 days 1,719 sqft
2021-04-01 15 days 1,718 sqft
2021-05-01 11 days 1,702 sqft
2021-06-01 12 days 1,756 sqft
2021-07-01 17 days 1,739 sqft
2021-08-01 18 days 1,735 sqft
2021-09-01 21 days 1,704 sqft
2021-10-01 23 days 1,697 sqft
2021-11-01 26 days 1,682 sqft
2021-12-01 39 days 1,670 sqft
2022-01-01 41 days 1,696 sqft
2022-02-01 23 days 1,725 sqft
2022-03-01 12 days 1,677 sqft
2022-04-01 10 days 1,662 sqft
ROCHESTER's median listing age (time on market) for 2022-04-01 was 10 days. This is -33% shorter than the same period one year ago.

ROCHESTER's median square footage for active listings during the 2022-04-01 period was 1,662 sqft. One year prior, the average listing was 1,718 sqft.