Seneca Falls Mortgage Rates

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

30 Year Fixed Rate mortgages in Seneca Falls averaged 5.71% 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 5.82% and one month ago for the week of 2022-05-26, the average rate was 5.51%.

Seneca Falls's average rate one year ago was 2.99%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.54%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Seneca Falls 30 Year Fixed Rate 2022-06-30 5.71%
Seneca Falls 30 Year Fixed Rate Refi 2022-06-30 5.54%
Seneca Falls 15 Year Fixed Rate 2022-06-30 5.92%
Seneca Falls 15 Year Fixed Rate Refi 2022-06-30 5.29%
Seneca Falls 30 Year FHA 2022-06-30 5.57%
Seneca Falls 30 Year FHA Refi 2022-06-30 5.42%
Seneca Falls 30 Year USDA 2022-06-30 5.51%
Seneca Falls 30 Year USDA Refi 2022-06-30 5.25%
Seneca Falls 30 Year VA 2022-06-30 6.33%
Seneca Falls 30 Year VA Refi 2022-06-30 5.61%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Seneca Falls, NY.

Seneca Falls 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 Seneca Falls, 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
The Lyons National Bank 70 3.03% $4,378
Community Bank 22 3.78% $94
QUICKEN LOANS, LLC 16 3.08% $5,038
Tompkins Trust Company 10 3.09% $3,297
Elmira Savings Bank 9 3.00% $2,667
Manufacturers and Traders Trust Company 9 3.33% $3,888
Five Star Bank 7 3.11% $3,127
CFCU Community Credit Union 7 3.05% $1,711
HOME TOWN FUNDING, INC. 6 2.69% $3,405
1ST PRIORITY MORTGAGE, INC. 5 3.24% $4,570
Premium Mortgage Corporation 5 2.95% $2,841
PLAZA HOME MORTGAGE, INC. 5 3.10% $3,872
Farm Credit East, ACA 4 3.40% $4,291
FREEDOM MORTGAGE CORPORATION 4 3.22% $2,318
UNITED WHOLESALE MORTGAGE, LLC 4 3.15% $4,412
THE SUMMIT Federal Credit Union 4 2.81% $2,567
VISIONS 4 3.12% $2,531
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 2.97% $4,566
RELIANT COMMUNITY FEDERAL CREDIT UNION 3 3.04% $2,194
Genesee Regional Bank 3 3.21% $3,979
GUARANTEED RATE, INC. 3 3.21% $5,076
JPMorgan Chase Bank 3 3.79% $2,256
Wells Fargo Bank 3 2.67% $4,506
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 3.50% $5,503
KeyBank 2 3.00% $3,961
NEWREZ LLC 2 3.38% $3,161
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.25% $4,320
ESL Federal Credit Union 2 2.94% $3,650
Empower Federal Credit Union 2 4.13% $4,465
Bank of America 2 2.44% $4,360
AMERICAN FINANCIAL NETWORK, INC. 2 3.31% $11,669
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.38% $4,938
HOMESTEAD FUNDING CORP. 1 3.00% $624
Pittsford Federal Credit Union 1 2.75% $2,551
FIRST HERITAGE FEDERAL CREDIT UNION 1 3.00% $4,083
PNC Bank 1 2.63% $6,835
FINANCE OF AMERICA MORTGAGE LLC 1 3.13% $6,949
Atlantic Home Loans, Inc. 1 3.38% $8,967
U.S. Bank 1 2.63% $4,545
York Traditions Bank 1 4.00% $4,241
RESIDENTIAL MORTGAGE SERVICES, INC. 1 3.13% $3,043
ROYAL UNITED MORTGAGE LLC 1 4.13% $5,299
SEFCU SERVICES, LLC 1 2.88% $3,060
SUN WEST MORTGAGE COMPANY, INC. 1 2.75% $2,279
CORNING 1 2.88% $5,588
Citizens Bank 1 2.75% $3,689
LOANDEPOT.COM, LLC 1 3.50% $4,041
Geddes Federal Savings and Loan Association 1 3.50% $2,888
Morgan Stanley Private Bank 1 2.60% $4,207
Mortgage Research Center, LLC 1 2.99% $1,827
MOVEMENT MORTGAGE, LLC 1 2.99% $3,706
Mr. Cooper ( Nationstar Mortgage ) 1 3.88% $5,151

Seneca Falls, NY's 52 lenders originated 777 loans during 2021. The total origination value was $129,035,000, with an average loan value of $166,068.

The top Seneca Falls lender as defined by loan originations is The Lyons National Bank, with 70 loans originated. Their average total fees are $4,378, which is $4,284 higher than the next largest lender, Community Bank.

The lowest fee Seneca Falls lenders (with over 10 loans originated) are Community Bank ($94), Tompkins Trust Company ($3,297), The Lyons National Bank ($4,378), QUICKEN LOANS, LLC ($5,038) and .

The lowest rate Seneca Falls lenders (with over 10 loans originated) are The Lyons National Bank (3.03%), QUICKEN LOANS, LLC (3.08%), Tompkins Trust Company (3.09%), Community Bank (3.78%) and .

Seneca Falls, 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
The Lyons National Bank $29,815,000 $23,205,000 -22.2% 18.0%
QUICKEN LOANS, LLC $6,850,000 $8,755,000 27.8% 6.8%
Community Bank $8,150,000 $7,755,000 -4.8% 6.0%
Wayne Bank $1,515,000 $6,690,000 341.6% 5.2%
Tompkins Trust Company $2,945,000 $5,980,000 103.1% 4.6%
VISIONS $550,000 $5,685,000 933.6% 4.4%
Five Star Bank $4,840,000 $4,205,000 -13.1% 3.3%
PLAZA HOME MORTGAGE, INC. $1,385,000 $3,570,000 157.8% 2.8%
Elmira Savings Bank $2,445,000 $3,565,000 45.8% 2.8%
HOME TOWN FUNDING, INC. $2,745,000 $3,500,000 27.5% 2.7%
Bank of America $155,000 $2,915,000 1,780.6% 2.3%
Manufacturers and Traders Trust Company $2,420,000 $2,595,000 7.2% 2.0%
THE SUMMIT Federal Credit Union $1,750,000 $2,525,000 44.3% 2.0%
ESL Federal Credit Union $1,470,000 $2,495,000 69.7% 1.9%
Generations Bank $2,590,000 $2,335,000 -9.8% 1.8%
1ST PRIORITY MORTGAGE, INC. $1,075,000 $2,060,000 91.6% 1.6%
CFCU Community Credit Union $3,570,000 $1,825,000 -48.9% 1.4%
NEWREZ LLC $725,000 $1,795,000 147.6% 1.4%
Wells Fargo Bank $1,195,000 $1,765,000 47.7% 1.4%
UNITED WHOLESALE MORTGAGE, LLC $920,000 $1,680,000 82.6% 1.3%
Genesee Regional Bank $1,280,000 $1,665,000 30.1% 1.3%
FINGER LAKES $2,940,000 $1,455,000 -50.5% 1.1%
Premium Mortgage Corporation $2,065,000 $1,450,000 -29.8% 1.1%
Citizens Bank $770,000 $1,400,000 81.8% 1.1%
CORNING $865,000 $1,310,000 51.4% 1.0%
KeyBank $6,700,000 $1,255,000 -81.3% 1.0%
Glens Falls National Bank and Trust Company $1,245,000 n/a 1.0%
Farm Credit East, ACA $2,055,000 $1,165,000 -43.3% 0.9%
PRIMELENDING, A PLAINSCAPITAL COMPANY $885,000 $1,160,000 31.1% 0.9%
JPMorgan Chase Bank $1,880,000 $1,070,000 -43.1% 0.8%
AMERICAN FINANCIAL NETWORK, INC. $135,000 $1,020,000 655.6% 0.8%
RELIANT COMMUNITY FEDERAL CREDIT UNION $545,000 $990,000 81.7% 0.8%
FREEDOM MORTGAGE CORPORATION $975,000 n/a 0.8%
Morgan Stanley Private Bank $975,000 n/a 0.8%
GUARANTEED RATE, INC. $75,000 $965,000 1,186.7% 0.7%
LOANDEPOT.COM, LLC $560,000 $815,000 45.5% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $800,000 n/a 0.6%
Tioga State Bank $65,000 $795,000 1,123.1% 0.6%
PNC Bank $450,000 $785,000 74.4% 0.6%
Mortgage Research Center, LLC $205,000 $765,000 273.2% 0.6%
U.S. Bank $600,000 n/a 0.5%
DOMINION FINANCIAL SERVICES, LLC $595,000 n/a 0.5%
Empower Federal Credit Union $105,000 $585,000 457.1% 0.5%
PARAGON HOME LOANS INC. $1,055,000 $575,000 -45.5% 0.4%
Atlantic Home Loans, Inc. $545,000 n/a 0.4%
USAA Federal Savings Bank $835,000 $545,000 -34.7% 0.4%
FINANCE OF AMERICA MORTGAGE LLC $320,000 $495,000 54.7% 0.4%
FIRST TECHNOLOGY $455,000 n/a 0.4%
Pittsford Federal Credit Union $415,000 n/a 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $155,000 $410,000 164.5% 0.3%
Visio Financial Services Inc. $395,000 n/a 0.3%
York Traditions Bank $385,000 n/a 0.3%
FIRST HERITAGE FEDERAL CREDIT UNION $365,000 n/a 0.3%
Mr. Cooper ( Nationstar Mortgage ) $350,000 $345,000 -1.4% 0.3%
ROYAL UNITED MORTGAGE LLC $220,000 $295,000 34.1% 0.2%
CALIBER HOME LOANS, INC. $365,000 $280,000 -23.3% 0.2%
SEFCU SERVICES, LLC $105,000 $275,000 161.9% 0.2%
The Canandaigua National Bank and Trust Company $265,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $255,000 n/a 0.2%
MOVEMENT MORTGAGE, LLC $125,000 $250,000 100.0% 0.2%
DRAPER AND KRAMER MORTGAGE CORP. $225,000 $245,000 8.9% 0.2%
21ST MORTGAGE CORPORATION $805,000 $225,000 -72.0% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $215,000 $215,000 0.0% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $210,000 n/a 0.2%
First Federal Bank $205,000 n/a 0.2%
Third Federal Savings and Loan Association of Cleveland $205,000 n/a 0.2%
NATIONWIDE MORTGAGE BANKERS, INC. $115,000 $175,000 52.2% 0.1%
Chemung Canal Trust Company $165,000 n/a 0.1%
COMMONFUND MORTGAGE CORP. $530,000 $155,000 -70.8% 0.1%
Geddes Federal Savings and Loan Association $155,000 n/a 0.1%
SIRVA MORTGAGE, INC. $155,000 n/a 0.1%
Alternatives Federal Credit Union $110,000 $150,000 36.4% 0.1%
RELIANCE FIRST CAPITAL, LLC $95,000 $145,000 52.6% 0.1%
UTILITIES EMPLOYEES CREDIT UNION $145,000 n/a 0.1%
Discover Bank $35,000 $140,000 300.0% 0.1%
Citizens & Northern Bank $440,000 $135,000 -69.3% 0.1%
DUPACO COMMUNITY $135,000 n/a 0.1%
NORTHERN CREDIT UNION $125,000 n/a 0.1%
LAND HOME FINANCIAL SERVICES, INC. $115,000 n/a 0.1%
RESIDENTIAL MORTGAGE SERVICES, INC. $640,000 $105,000 -83.6% 0.1%
Metro City Bank $75,000 $95,000 26.7% 0.1%
HOMESTEAD FUNDING CORP. $475,000 $90,000 -81.1% 0.1%
SERVU FEDERAL CREDIT UNION $85,000 n/a 0.1%
HUNT MORTGAGE CORPORATION $600,000 $75,000 -87.5% 0.1%
Citibank $65,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $70,000 $25,000 -64.3% 0.0%
AMERICU Credit Union $410,000 $5,000 -98.8% 0.0%

Seneca Falls's top lender by overall market share is The Lyons National Bank, with 18.0% market share. In second place, with 6.8%, is QUICKEN LOANS, LLC, having originated $8,755,000 in loans. In third place, with 6.0%, is Community Bank, having originated $7,755,000 in loans. In third place, with 5.2%, is Wayne Bank, having originated $6,690,000 in loans. In third place, with 4.6%, is Tompkins Trust Company, having originated $5,980,000 in loans.


Seneca Falls, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 339 $65,545,000 $193,348
Refi 199 $32,215,000 $161,884
Cash Out Refi 106 $20,560,000 $193,962
Home Improvement 93 $6,625,000 $71,237
Other 40 $4,090,000 $102,250

Seneca Falls's most frequently cited loan purpose was Home Purchase, with 339 originations. The 2nd most popular reason was Refi, with 199 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 297 $41,815,000 $140,791
2.5-3% 256 $47,490,000 $185,508
<2.5% 108 $18,280,000 $169,259
4-5% 37 $8,345,000 $225,541
5-6% 6 $650,000 $108,333
Over 8% 6 $780,000 $130,000
6-7% 3 $155,000 $51,667

During 2021, Seneca Falls's most frequently originated rate bucket was 3-4%, with 297 originations.

Loan Sizing (Seneca Falls, NY MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 320 $19,590,000 $61,219
$100k-200k 295 $40,975,000 $138,898
$200k-400k 116 $30,880,000 $266,207
$400k-600k 32 $15,300,000 $478,125
$600k-1000k 8 $6,130,000 $766,250
$Over $1MM 6 $16,160,000 $2,693,333

Seneca Falls's loan sizing saw the bucket of loans from $100,000 or less with 320 originations, totaling $19,590,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 285 $47,085,000 $165,211
60-80% 190 $45,170,000 $237,737
20-40% 95 $8,935,000 $94,053
40-60% 92 $13,740,000 $149,348
Under 20% 45 $1,315,000 $29,222
Over 100% 4 $760,000 $190,000

Seneca Falls's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 285 originations, totaling $47,085,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Seneca Falls (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 $148,400 (-15.2%) $199,993 (-16.1%) 0.00 123
2018-02-01 $138,500 (-23.0%) $181,634 (-24.5%) 0.00 111
2018-03-01 $145,987 (-23.1%) $187,208 (-29.1%) 0.00 109
2018-04-01 $174,450 (-12.3%) $224,698 (-3.8%) 0.00 112
2018-05-01 $194,450 (-5.1%) $244,620 (5.5%) 0.00 120
2018-06-01 $199,900 (-2.3%) $252,163 (9.3%) 0.00 114
2018-07-01 $199,900 (5.3%) $263,780 (18.5%) 0.00 115
2018-08-01 $188,950 (-0.5%) $237,878 (7.7%) 0.00 122
2018-09-01 $189,900 (1.6%) $248,810 (7.6%) 0.00 123
2018-10-01 $199,900 (11.4%) $300,095 (28.7%) 0.00 112
2018-11-01 $179,900 (1.1%) $289,553 (25.7%) 0.00 117
2018-12-01 $152,000 (-12.6%) $272,690 (32.6%) 0.00 113
2019-01-01 $144,900 (-2.4%) $274,469 (37.2%) 0.00 110
2019-02-01 $152,000 (9.8%) $285,132 (57.0%) 0.00 99
2019-03-01 $161,386 (10.6%) $279,505 (49.3%) 0.00 98
2019-04-01 $169,900 (-2.6%) $260,465 (15.9%) 0.00 99
2019-05-01 $219,000 (12.6%) $276,341 (13.0%) 0.00 110
2019-06-01 $199,900 (0.0%) $310,111 (23.0%) 0.00 106
2019-07-01 $199,900 (0.0%) $320,219 (21.4%) 0.00 109
2019-08-01 $199,900 (5.8%) $323,535 (36.0%) 0.00 109
2019-09-01 $192,400 (1.3%) $329,745 (32.5%) 0.00 104
2019-10-01 $184,200 (-7.9%) $326,927 (8.9%) 0.00 99
2019-11-01 $174,900 (-2.8%) $315,795 (9.1%) 0.00 85
2019-12-01 $166,700 (9.7%) $278,107 (2.0%) 0.00 80
2020-01-01 $159,900 (10.4%) $256,269 (-6.6%) 0.00 71
2020-02-01 $149,900 (-1.4%) $253,543 (-11.1%) 0.00 74
2020-03-01 $172,450 (6.9%) $296,761 (6.2%) 0.00 78
2020-04-01 $175,250 (3.2%) $294,538 (13.1%) 0.00 73
2020-05-01 $193,000 (-11.9%) $309,610 (12.0%) 0.00 74
2020-06-01 $188,750 (-5.6%) $315,751 (1.8%) 0.00 59
2020-07-01 $186,750 (-6.6%) $303,265 (-5.3%) 0.00 49
2020-08-01 $175,000 (-12.5%) $306,068 (-5.4%) 0.00 49
2020-09-01 $172,450 (-10.4%) $300,903 (-8.8%) 0.00 46
2020-10-01 $135,135 (-26.6%) $255,555 (-21.8%) 0.00 49
2020-11-01 $137,068 (-21.6%) $245,627 (-22.2%) 0.00 41
2020-12-01 $134,900 (-19.1%) $236,984 (-14.8%) 0.00 40
2021-01-01 $134,900 (-15.6%) $266,745 (4.1%) 0.00 33
2021-02-01 $132,000 (-11.9%) $280,727 (10.7%) 0.00 21
2021-03-01 $152,400 (-11.6%) $383,018 (29.1%) 0.00 22
2021-04-01 $144,900 (-17.3%) $355,880 (20.8%) 0.00 20
2021-05-01 $154,900 (-19.7%) $348,523 (12.6%) 0.00 22
2021-06-01 $171,400 (-9.2%) $380,712 (20.6%) 0.00 32
2021-07-01 $174,900 (-6.4%) $426,416 (40.6%) 0.00 37
2021-08-01 $154,950 (-11.5%) $284,086 (-7.2%) 0.00 31
2021-09-01 $169,950 (-1.5%) $288,189 (-4.2%) 0.00 27
2021-10-01 $209,900 (55.3%) $397,910 (55.7%) 0.00 28
2021-11-01 $182,450 (33.1%) $315,769 (28.6%) 0.00 25
2021-12-01 $169,950 (26.0%) $257,020 (8.5%) 0.00 19
2022-01-01 $110,000 (-18.5%) $174,405 (-34.6%) 0.00 19
2022-02-01 $122,400 (-7.3%) $195,061 (-30.5%) 0.00 17
2022-03-01 $145,750 (-4.4%) $188,638 (-50.8%) 0.00 24
2022-04-01 $179,900 (24.2%) $278,646 (-21.7%) 0.00 27
2022-05-01 $229,450 (48.1%) $306,800 (-12.0%) 0.00 25
2022-06-01 $259,900 (51.6%) $378,052 (-0.7%) 0.00 35
Seneca Falls's median listing price for 2022-06-01 was $259,900, a difference of $88,500 (51.6%) versus the prior year and $30,450 versus the prior month.

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

Seneca Falls's average listing price for 2022-06-01 was $378,052, a difference of $-2,660 (-0.7%) versus the prior year and $71,252 versus the prior month.

For the 2022-06-01 period, Seneca Falls had 35 MLS listings, a difference of 10 listings (40%) versus the prior month and 3 listings (9%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Seneca Falls (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 1,693 sqft
2018-03-01 0 days 1,694 sqft
2018-04-01 0 days 1,784 sqft
2018-05-01 0 days 1,728 sqft
2018-06-01 0 days 1,703 sqft
2018-07-01 0 days 1,728 sqft
2018-08-01 0 days 1,748 sqft
2018-09-01 0 days 1,728 sqft
2018-10-01 0 days 1,723 sqft
2018-11-01 0 days 1,706 sqft
2018-12-01 0 days 1,652 sqft
2019-01-01 0 days 1,652 sqft
2019-02-01 0 days 1,689 sqft
2019-03-01 0 days 1,671 sqft
2019-04-01 0 days 1,652 sqft
2019-05-01 0 days 1,711 sqft
2019-06-01 0 days 1,754 sqft
2019-07-01 0 days 1,707 sqft
2019-08-01 0 days 1,745 sqft
2019-09-01 0 days 1,765 sqft
2019-10-01 0 days 1,707 sqft
2019-11-01 0 days 1,768 sqft
2019-12-01 0 days 1,694 sqft
2020-01-01 0 days 1,656 sqft
2020-02-01 0 days 1,656 sqft
2020-03-01 0 days 1,729 sqft
2020-04-01 0 days 1,752 sqft
2020-05-01 0 days 1,752 sqft
2020-06-01 0 days 1,754 sqft
2020-07-01 0 days 1,924 sqft
2020-08-01 0 days 1,808 sqft
2020-09-01 0 days 1,800 sqft
2020-10-01 0 days 1,791 sqft
2020-11-01 0 days 1,656 sqft
2020-12-01 0 days 1,701 sqft
2021-01-01 0 days 1,792 sqft
2021-02-01 0 days 1,890 sqft
2021-03-01 0 days 1,742 sqft
2021-04-01 0 days 1,686 sqft
2021-05-01 0 days 1,701 sqft
2021-06-01 0 days 1,742 sqft
2021-07-01 0 days 1,788 sqft
2021-08-01 0 days 1,846 sqft
2021-09-01 0 days 1,754 sqft
2021-10-01 0 days 1,897 sqft
2021-11-01 0 days 1,885 sqft
2021-12-01 0 days 1,872 sqft
2022-01-01 0 days 1,614 sqft
2022-02-01 0 days 1,698 sqft
2022-03-01 0 days 1,677 sqft
2022-04-01 0 days 1,608 sqft
2022-05-01 0 days 1,849 sqft
2022-06-01 0 days 1,716 sqft
Seneca Falls's median listing age (time on market) for 2022-06-01 was 0 days.

Seneca Falls's median square footage for active listings during the 2022-06-01 period was 1,716 sqft. One year prior, the average listing was 1,742 sqft.