SYRACUSE Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Syracuse averaged
5.92%
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
6.13% and
one month ago for the week of 2022-05-26, the
average rate was 5.52%.
Syracuse's average rate one year ago was 3.25%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.8%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Syracuse 30 Year Fixed Rate | 2022-06-30 | 5.92% |
| Syracuse 30 Year Fixed Rate Refi | 2022-06-30 | 5.8% |
| Syracuse 15 Year Fixed Rate | 2022-06-30 | 5.21% |
| Syracuse 15 Year Fixed Rate Refi | 2022-06-30 | 5.29% |
| Syracuse 30 Year FHA | 2022-06-30 | 5.84% |
| Syracuse 30 Year FHA Refi | 2022-06-30 | 5.89% |
| Syracuse 30 Year USDA | 2022-06-30 | 5.43% |
| Syracuse 30 Year USDA Refi | 2022-06-30 | 5.52% |
| Syracuse 30 Year VA | 2022-06-30 | 5.74% |
| Syracuse 30 Year VA Refi | 2022-06-30 | 5.24% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SYRACUSE, NY.
SYRACUSE 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 SYRACUSE, 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.).
SYRACUSE, NY's 154 lenders originated 18,089
loans during 2021. The total origination value was $3,136,695,000, with an average loan value of
$173,403.
The top SYRACUSE lender as defined by loan originations is Empower Federal Credit Union, with
669 loans originated. Their average total fees are
$3,485, which is $169
higher than the next largest lender,
PARAGON HOME LOANS INC..
The lowest fee SYRACUSE lenders (with over 10 loans originated) are
Community Bank ($850), COUNTRYSIDE Federal Credit Union ($2,409), SECNY Federal Credit Union ($2,516), KeyBank ($2,573) and VISIONS ($2,719).
The lowest rate SYRACUSE lenders (with over 10 loans originated) are
Bank of America (2.77%), The Lyons National Bank (2.92%), HOME TOWN FUNDING, INC. (2.95%), UNITED WHOLESALE MORTGAGE, LLC (2.95%) and Citizens Bank (2.96%).
SYRACUSE, 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 |
|---|---|---|---|---|
| Empower Federal Credit Union | $295,150,000 | $302,910,000 | 2.6% | 9.7% |
| QUICKEN LOANS, LLC | $185,905,000 | $258,930,000 | 39.3% | 8.3% |
| KeyBank | $132,110,000 | $195,335,000 | 47.9% | 6.2% |
| PARAGON HOME LOANS INC. | $170,160,000 | $152,895,000 | -10.1% | 4.9% |
| AMERICU Credit Union | $116,375,000 | $115,470,000 | -0.8% | 3.7% |
| Manufacturers and Traders Trust Company | $106,525,000 | $106,335,000 | -0.2% | 3.4% |
| SEFCU SERVICES, LLC | $114,275,000 | $106,110,000 | -7.1% | 3.4% |
| Solvay Bank | $41,215,000 | $86,430,000 | 109.7% | 2.8% |
| Geddes Federal Savings and Loan Association | $51,015,000 | $83,970,000 | 64.6% | 2.7% |
| HOMESTEAD FUNDING CORP. | $89,340,000 | $83,310,000 | -6.7% | 2.7% |
| Pathfinder Bank | $67,755,000 | $79,240,000 | 17.0% | 2.5% |
| M&T Realty Capital Corporation | $59,005,000 | $70,360,000 | 19.2% | 2.2% |
| Capital One | $65,780,000 | n/a | 2.1% | |
| Community Bank | $53,670,000 | $65,505,000 | 22.1% | 2.1% |
| Wells Fargo Bank | $47,430,000 | $65,110,000 | 37.3% | 2.1% |
| PLAZA HOME MORTGAGE, INC. | $63,235,000 | $64,520,000 | 2.0% | 2.1% |
| MOVEMENT MORTGAGE, LLC | $34,045,000 | $64,300,000 | 88.9% | 2.0% |
| NBT Bank | $65,215,000 | $57,980,000 | -11.1% | 1.8% |
| Genesee Regional Bank | $39,740,000 | $57,665,000 | 45.1% | 1.8% |
| HUNT MORTGAGE CORPORATION | $56,180,000 | $52,970,000 | -5.7% | 1.7% |
| Tompkins Trust Company | $18,585,000 | $50,245,000 | 170.4% | 1.6% |
| COMMONFUND MORTGAGE CORP. | $66,010,000 | $49,735,000 | -24.7% | 1.6% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $23,810,000 | $46,865,000 | 96.8% | 1.5% |
| JPMorgan Chase Bank | $21,850,000 | $43,025,000 | 96.9% | 1.4% |
| Premium Mortgage Corporation | $56,340,000 | $41,760,000 | -25.9% | 1.3% |
| 1ST PRIORITY MORTGAGE, INC. | $43,595,000 | $40,270,000 | -7.6% | 1.3% |
| Citizens Bank | $25,540,000 | $40,015,000 | 56.7% | 1.3% |
| Bank of America | $24,830,000 | $33,910,000 | 36.6% | 1.1% |
| VISIONS | $41,180,000 | $32,890,000 | -20.1% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $21,220,000 | $26,000,000 | 22.5% | 0.8% |
| Fulton Savings Bank | $30,655,000 | $25,775,000 | -15.9% | 0.8% |
| The Lyons National Bank | $20,310,000 | $24,100,000 | 18.7% | 0.8% |
| Arbor Realty Trust, Inc. | $33,000,000 | $23,640,000 | -28.4% | 0.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $11,850,000 | $19,895,000 | 67.9% | 0.6% |
| Mortgage Research Center, LLC | $16,665,000 | $19,815,000 | 18.9% | 0.6% |
| THE SUMMIT Federal Credit Union | $17,305,000 | $19,595,000 | 13.2% | 0.6% |
| SECNY Federal Credit Union | $15,795,000 | $19,175,000 | 21.4% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $12,170,000 | $18,790,000 | 54.4% | 0.6% |
| Santander Bank, N.A. | $18,465,000 | n/a | 0.6% | |
| NEWREZ LLC | $7,645,000 | $17,995,000 | 135.4% | 0.6% |
| LOANDEPOT.COM, LLC | $14,925,000 | $17,800,000 | 19.3% | 0.6% |
| Bethpage Federal Credit Union | $245,000 | $16,520,000 | 6,642.9% | 0.5% |
| Seneca Savings | $18,325,000 | $16,315,000 | -11.0% | 0.5% |
| GREYSTONE SERVICING COMPANY LLC | $3,705,000 | $14,850,000 | 300.8% | 0.5% |
| STATE EMPLOYEES FEDERAL CREDIT UNION | $12,130,000 | $14,310,000 | 18.0% | 0.5% |
| BETTER MORTGAGE CORPORATION | $3,310,000 | $12,375,000 | 273.9% | 0.4% |
| USAA Federal Savings Bank | $14,820,000 | $12,265,000 | -17.2% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $3,990,000 | $11,890,000 | 198.0% | 0.4% |
| COUNTRYSIDE Federal Credit Union | $13,095,000 | $11,360,000 | -13.2% | 0.4% |
| OWNERSCHOICE FUNDING, INCORPORATED | $14,930,000 | $9,500,000 | -36.4% | 0.3% |
| Berkshire Bank | $8,020,000 | $9,020,000 | 12.5% | 0.3% |
| Farm Credit East, ACA | $7,675,000 | $8,705,000 | 13.4% | 0.3% |
| The Upstate National Bank | $3,455,000 | $8,385,000 | 142.7% | 0.3% |
| AMERICAN FINANCING CORPORATION | $2,315,000 | $8,160,000 | 252.5% | 0.3% |
| PRUDENTIAL MULTIFAMILY MORTGAGE, LLC | $6,655,000 | n/a | 0.2% | |
| CALIBER HOME LOANS, INC. | $6,295,000 | $5,965,000 | -5.2% | 0.2% |
| TD Bank | $4,435,000 | $5,770,000 | 30.1% | 0.2% |
| North American Savings Bank, F.S.B. | $2,675,000 | $5,755,000 | 115.1% | 0.2% |
| CCFCU FUNDING, LLC | $5,010,000 | $5,300,000 | 5.8% | 0.2% |
| HOME TOWN FUNDING, INC. | $5,375,000 | $5,250,000 | -2.3% | 0.2% |
| Carrington Mortgage Services, LLC | $5,070,000 | $4,925,000 | -2.9% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $2,225,000 | $4,845,000 | 117.8% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $4,145,000 | $4,795,000 | 15.7% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,315,000 | $4,740,000 | 104.8% | 0.2% |
| OSWEGO COUNTY | $3,080,000 | $4,450,000 | 44.5% | 0.1% |
| 21ST MORTGAGE CORPORATION | $2,870,000 | $4,325,000 | 50.7% | 0.1% |
| UBS Bank USA | $995,000 | $4,080,000 | 310.1% | 0.1% |
| FIRST SOURCE | $755,000 | $4,070,000 | 439.1% | 0.1% |
| GUARANTEED RATE, INC. | $3,090,000 | $3,945,000 | 27.7% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $3,215,000 | $3,815,000 | 18.7% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,320,000 | $3,765,000 | 185.2% | 0.1% |
| NORTHERN CREDIT UNION | $2,625,000 | $3,685,000 | 40.4% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,090,000 | $3,620,000 | 232.1% | 0.1% |
| NBKC BANK | $1,315,000 | $3,540,000 | 169.2% | 0.1% |
| U.S. Bank | $1,120,000 | $3,520,000 | 214.3% | 0.1% |
| Merchants Bank of Indiana | $3,410,000 | n/a | 0.1% | |
| The Federal Savings Bank | $2,490,000 | $3,235,000 | 29.9% | 0.1% |
| First Republic Bank | $3,085,000 | n/a | 0.1% | |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,810,000 | $3,030,000 | 67.4% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $2,900,000 | $2,985,000 | 2.9% | 0.1% |
| Metro City Bank | $1,005,000 | $2,895,000 | 188.1% | 0.1% |
| Citibank | $325,000 | $2,855,000 | 778.5% | 0.1% |
| Morgan Stanley Private Bank | $730,000 | $2,775,000 | 280.1% | 0.1% |
| GPO Federal Credit Union | $3,235,000 | $2,740,000 | -15.3% | 0.1% |
| Adirondack Bank | $830,000 | $2,540,000 | 206.0% | 0.1% |
| Ukrainian Federal Credit Union | $1,450,000 | $2,500,000 | 72.4% | 0.1% |
| Investors Bank | $155,000 | $2,385,000 | 1,438.7% | 0.1% |
| CFCU Community Credit Union | $2,100,000 | $2,300,000 | 9.5% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,460,000 | $2,065,000 | 41.4% | 0.1% |
| PNC Bank | $255,000 | $2,040,000 | 700.0% | 0.1% |
| InterContinental Capital Group, Inc | $1,990,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,920,000 | n/a | 0.1% | |
| TOGETHER CREDIT UNION | $1,990,000 | $1,895,000 | -4.8% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $1,190,000 | $1,825,000 | 53.4% | 0.1% |
| Equity Prime Mortgage LLC | $1,395,000 | $1,790,000 | 28.3% | 0.1% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $1,670,000 | $1,750,000 | 4.8% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,345,000 | $1,655,000 | 23.0% | 0.1% |
| Discover Bank | $1,840,000 | $1,635,000 | -11.1% | 0.1% |
| Chemung Canal Trust Company | $1,605,000 | n/a | 0.1% | |
| TIAA, FSB | $1,880,000 | $1,580,000 | -16.0% | 0.1% |
| SIRVA MORTGAGE, INC. | $1,125,000 | $1,475,000 | 31.1% | 0.0% |
| PHH Mortgage Corporation | $810,000 | $1,420,000 | 75.3% | 0.0% |
| Pioneer Bank | $1,370,000 | n/a | 0.0% | |
| Five Star Bank | $3,450,000 | $1,360,000 | -60.6% | 0.0% |
| UNITED MORTGAGE CORP. | $155,000 | $1,350,000 | 771.0% | 0.0% |
| EMBRACE HOME LOANS, INC. | $1,465,000 | $1,335,000 | -8.9% | 0.0% |
| Northwest Bank | $1,420,000 | $1,300,000 | -8.5% | 0.0% |
| Atlantic Home Loans, Inc. | $1,255,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $320,000 | $1,225,000 | 282.8% | 0.0% |
| INTERSTATE HOME LOAN CENTER, INC. | $640,000 | $1,215,000 | 89.8% | 0.0% |
| First Federal Bank | $1,105,000 | $1,200,000 | 8.6% | 0.0% |
| Flagstar Bank, FSB | $2,055,000 | $1,170,000 | -43.1% | 0.0% |
| MidFirst Bank | $1,155,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $630,000 | $1,145,000 | 81.7% | 0.0% |
| LENDINGONE, LLC | $1,045,000 | n/a | 0.0% | |
| First Home Bank | $1,170,000 | $1,030,000 | -12.0% | 0.0% |
| First Internet Bank of Indiana | $935,000 | n/a | 0.0% | |
| Carthage Federal Savings and Loan Association | $45,000 | $930,000 | 1,966.7% | 0.0% |
| Colonial Savings, F.A. | $915,000 | $905,000 | -1.1% | 0.0% |
| Bank of England | $1,095,000 | $890,000 | -18.7% | 0.0% |
| Axos Bank | $625,000 | $880,000 | 40.8% | 0.0% |
| ARC HOME LLC | $185,000 | $860,000 | 364.9% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $545,000 | $860,000 | 57.8% | 0.0% |
| Meridian Bank Corporation | $185,000 | $820,000 | 343.2% | 0.0% |
| CORNING | $2,250,000 | $805,000 | -64.2% | 0.0% |
| KELLER MORTGAGE, LLC | $780,000 | n/a | 0.0% | |
| The Huntington National Bank | $765,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $465,000 | $760,000 | 63.4% | 0.0% |
| First Horizon Bank | $740,000 | n/a | 0.0% | |
| BNC National Bank | $730,000 | n/a | 0.0% | |
| FAMILY FIRST OF NY | $730,000 | n/a | 0.0% | |
| RELIANT COMMUNITY FEDERAL CREDIT UNION | $1,085,000 | $705,000 | -35.0% | 0.0% |
| FINGER LAKES | $685,000 | n/a | 0.0% | |
| FINANCE OF AMERICA COMMERCIAL LLC | $200,000 | $680,000 | 240.0% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $660,000 | n/a | 0.0% | |
| GHS Federal Credit Union | $225,000 | $655,000 | 191.1% | 0.0% |
| FirstBank | $510,000 | $635,000 | 24.5% | 0.0% |
| Elmira Savings Bank | $560,000 | $590,000 | 5.4% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $400,000 | $545,000 | 36.3% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $335,000 | $545,000 | 62.7% | 0.0% |
| INLAND BANK & TRUST | $540,000 | n/a | 0.0% | |
| Tioga State Bank | $905,000 | $520,000 | -42.5% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $980,000 | $515,000 | -47.4% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $220,000 | $505,000 | 129.5% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,170,000 | $485,000 | -58.5% | 0.0% |
| AFFINITY | $480,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $480,000 | n/a | 0.0% | |
| Paramount Bank | $480,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $365,000 | $465,000 | 27.4% | 0.0% |
| Midland States Bank | $465,000 | n/a | 0.0% | |
| Quontic Bank | $680,000 | $460,000 | -32.4% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,300,000 | $455,000 | -65.0% | 0.0% |
| East Coast Capital Corp. | $275,000 | $455,000 | 65.5% | 0.0% |
| ALLIANT CREDIT UNION | $440,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $185,000 | $435,000 | 135.1% | 0.0% |
| UTILITIES EMPLOYEES CREDIT UNION | $430,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $420,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $380,000 | $410,000 | 7.9% | 0.0% |
| Magnolia Bank | $1,000,000 | $410,000 | -59.0% | 0.0% |
| City National Bank | $4,485,000 | $405,000 | -91.0% | 0.0% |
| MID-ISLAND MORTGAGE CORP. | $475,000 | $405,000 | -14.7% | 0.0% |
| NJ LENDERS CORP. | $295,000 | $385,000 | 30.5% | 0.0% |
| Nations Lending Corporation | $380,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $380,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $75,000 | $380,000 | 406.7% | 0.0% |
| Northwest Federal Credit Union | $355,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $490,000 | $355,000 | -27.6% | 0.0% |
| LIMA ONE CAPITAL, LLC | $485,000 | $345,000 | -28.9% | 0.0% |
| Mid Penn Bank | $345,000 | n/a | 0.0% | |
| GENERAL ELECTRIC EMPLOYEES FEDERAL CREDIT UNION | $565,000 | $340,000 | -39.8% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $705,000 | $340,000 | -51.8% | 0.0% |
| PLANET HOME LENDING, LLC | $340,000 | $330,000 | -2.9% | 0.0% |
| Baxter Credit Union | $85,000 | $325,000 | 282.4% | 0.0% |
| Generations Bank | $760,000 | $320,000 | -57.9% | 0.0% |
| Nassau Educators Federal Credit Union | $315,000 | n/a | 0.0% | |
| PARKSIDE LENDING, LLC | $520,000 | $315,000 | -39.4% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $315,000 | n/a | 0.0% | |
| The National Bank of Coxsackie | $145,000 | $310,000 | 113.8% | 0.0% |
| Cf Bank | $1,205,000 | $305,000 | -74.7% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $205,000 | $300,000 | 46.3% | 0.0% |
| Truist Bank | $300,000 | n/a | 0.0% | |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $245,000 | $295,000 | 20.4% | 0.0% |
| ENVOY MORTGAGE, LTD | $175,000 | $285,000 | 62.9% | 0.0% |
| RBC Bank, (Georgia) | $95,000 | $275,000 | 189.5% | 0.0% |
| The Canandaigua National Bank and Trust Company | $150,000 | $275,000 | 83.3% | 0.0% |
| ESL Federal Credit Union | $265,000 | n/a | 0.0% | |
| HARTFORD FUNDING, LTD. | $265,000 | n/a | 0.0% | |
| JET DIRECT FUNDING CORP | $265,000 | n/a | 0.0% | |
| Elements Financial Federal Credit Union | $260,000 | n/a | 0.0% | |
| FIRST TECHNOLOGY | $595,000 | $250,000 | -58.0% | 0.0% |
| Northpointe Bank | $445,000 | $250,000 | -43.8% | 0.0% |
| First Midwest Bank | $155,000 | $245,000 | 58.1% | 0.0% |
| Wilmington Savings Fund Society, FSB | $225,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $125,000 | $220,000 | 76.0% | 0.0% |
| CAPITAL COMMUNICATIONS Federal Credit Union | $400,000 | $220,000 | -45.0% | 0.0% |
| The Union Bank Company | $215,000 | n/a | 0.0% | |
| First National Bank of Omaha | $205,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $95,000 | $195,000 | 105.3% | 0.0% |
| FIRST HERITAGE FEDERAL CREDIT UNION | $145,000 | $195,000 | 34.5% | 0.0% |
| AgFirst Farm Credit Bank | $320,000 | $185,000 | -42.2% | 0.0% |
| CLIFFCO, INC. | $315,000 | $185,000 | -41.3% | 0.0% |
| United Community Bank | $185,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $75,000 | $175,000 | 133.3% | 0.0% |
| DIGITAL Federal Credit Union | $340,000 | $175,000 | -48.5% | 0.0% |
| Visio Financial Services Inc. | $400,000 | $170,000 | -57.5% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $165,000 | n/a | 0.0% | |
| Bank of Whittier | $205,000 | $155,000 | -24.4% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $155,000 | n/a | 0.0% | |
| Leader Bank | $315,000 | $155,000 | -50.8% | 0.0% |
| First Savings Bank | $720,000 | $150,000 | -79.2% | 0.0% |
| KINECTA | $145,000 | n/a | 0.0% | |
| RESIDENTIAL HOME FUNDING CORP. | $145,000 | n/a | 0.0% | |
| First National Bank of America | $135,000 | n/a | 0.0% | |
| HUDSON HERITAGE | $135,000 | n/a | 0.0% | |
| Valley National Bank | $745,000 | $135,000 | -81.9% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $125,000 | n/a | 0.0% | |
| Platinum Home Mortgage Corporation | $145,000 | $125,000 | -13.8% | 0.0% |
| SUFFOLK | $125,000 | n/a | 0.0% | |
| TEACHERS | $495,000 | $125,000 | -74.7% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $115,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $105,000 | n/a | 0.0% | |
| NP, Inc. | $105,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $245,000 | $95,000 | -61.2% | 0.0% |
| BNB Bank | $95,000 | n/a | 0.0% | |
| Wayne Bank | $1,480,000 | $85,000 | -94.3% | 0.0% |
| Secured Investment Corp. | $55,000 | n/a | 0.0% | |
| TOTAL MORTGAGE SERVICES, LLC | $325,000 | $55,000 | -83.1% | 0.0% |
| FIRST CREDIT CORPORATION OF NEW YORK, INC. | $45,000 | n/a | 0.0% | |
| ALTRA | $35,000 | n/a | 0.0% | |
| Clearview Federal Credit Union | $35,000 | $35,000 | 0.0% | 0.0% |
| MID-HUDSON VALLEY | $35,000 | n/a | 0.0% |
SYRACUSE's top lender by overall market share is Empower Federal Credit Union, with 9.7% market share. In second place, with 8.3%, is QUICKEN LOANS, LLC, having originated $258,930,000 in loans. In third place, with 6.2%, is KeyBank, having originated $195,335,000 in loans. In third place, with 4.9%, is PARAGON HOME LOANS INC., having originated $152,895,000 in loans. In third place, with 3.7%, is AMERICU Credit Union, having originated $115,470,000 in loans.
SYRACUSE, NY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 7,716 | $1,592,220,000 | $206,353 |
| Refi | 4,917 | $870,695,000 | $177,079 |
| Cash Out Refi | 2,937 | $465,055,000 | $158,344 |
| Home Improvement | 1,676 | $134,180,000 | $80,060 |
| Other | 843 | $74,545,000 | $88,428 |
Syracuse's most frequently cited loan purpose was Home Purchase, with 7,716 originations. The 2nd most popular reason was Refi, with 4,917 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 6,526 | $1,070,660,000 | $164,061 |
| 3-4% | 6,042 | $1,129,610,000 | $186,960 |
| <2.5% | 2,959 | $481,815,000 | $162,830 |
| 4-5% | 980 | $122,180,000 | $124,673 |
| 5-6% | 260 | $20,420,000 | $78,538 |
| 6-7% | 168 | $8,600,000 | $51,190 |
| Over 8% | 114 | $6,520,000 | $57,193 |
| 7-8% | 71 | $3,865,000 | $54,437 |
During 2021, Syracuse's most frequently originated rate bucket was 2.5-3%, with 6,526 originations.
Loan Sizing (SYRACUSE, NY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 8,571 | $1,225,905,000 | $143,029 |
| $100,000 or less | 5,529 | $340,135,000 | $61,518 |
| $200k-400k | 3,495 | $914,945,000 | $261,787 |
| $400k-600k | 366 | $171,760,000 | $469,290 |
| $Over $1MM | 65 | $438,195,000 | $6,741,462 |
| $600k-1000k | 63 | $45,755,000 | $726,270 |
SYRACUSE's loan sizing saw the bucket of loans from $100k-200k with 8,571 originations, totaling $1,225,905,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 6,572 | $1,206,340,000 | $183,558 |
| 60-80% | 5,444 | $1,171,590,000 | $215,208 |
| 40-60% | 2,212 | $321,740,000 | $145,452 |
| 20-40% | 1,760 | $124,910,000 | $70,972 |
| Under 20% | 1,092 | $39,550,000 | $36,218 |
| Over 100% | 127 | $30,955,000 | $243,740 |
SYRACUSE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 6,572 originations, totaling $1,206,340,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - SYRACUSE (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 | $148,950 (4.4%) | $199,945 (-2.1%) | 0.55 | 1,862 |
| 2018-02-01 | $154,750 (4.8%) | $209,091 (2.5%) | 0.56 | 1,748 |
| 2018-03-01 | $160,000 (3.2%) | $216,520 (1.7%) | 0.55 | 1,751 |
| 2018-04-01 | $173,700 (2.8%) | $227,390 (1.8%) | 0.58 | 1,729 |
| 2018-05-01 | $174,900 (3.6%) | $228,098 (2.6%) | 0.58 | 1,801 |
| 2018-06-01 | $179,000 (5.9%) | $237,778 (4.9%) | 0.60 | 2,000 |
| 2018-07-01 | $179,900 (9.1%) | $243,202 (10.2%) | 0.60 | 2,112 |
| 2018-08-01 | $179,900 (9.1%) | $241,455 (10.0%) | 0.60 | 2,164 |
| 2018-09-01 | $179,000 (11.9%) | $236,872 (11.9%) | 0.60 | 2,141 |
| 2018-10-01 | $175,700 (10.2%) | $235,393 (12.6%) | 0.59 | 2,141 |
| 2018-11-01 | $172,700 (11.5%) | $236,287 (13.3%) | 0.58 | 1,998 |
| 2018-12-01 | $169,900 (13.3%) | $241,173 (18.1%) | 0.58 | 1,779 |
| 2019-01-01 | $169,950 (14.1%) | $242,698 (21.4%) | 0.59 | 1,550 |
| 2019-02-01 | $174,950 (13.1%) | $237,702 (13.7%) | 0.59 | 1,511 |
| 2019-03-01 | $185,671 (16.0%) | $250,228 (15.6%) | 0.61 | 1,499 |
| 2019-04-01 | $204,900 (18.0%) | $268,457 (18.1%) | 0.65 | 1,483 |
| 2019-05-01 | $207,900 (18.9%) | $271,163 (18.9%) | 0.64 | 1,535 |
| 2019-06-01 | $204,900 (14.5%) | $273,699 (15.1%) | 0.63 | 1,662 |
| 2019-07-01 | $202,400 (12.5%) | $276,724 (13.8%) | 0.63 | 1,781 |
| 2019-08-01 | $199,086 (10.7%) | $269,331 (11.5%) | 0.63 | 1,795 |
| 2019-09-01 | $196,450 (9.8%) | $265,535 (12.1%) | 0.62 | 1,797 |
| 2019-10-01 | $186,950 (6.4%) | $256,966 (9.2%) | 0.60 | 1,890 |
| 2019-11-01 | $179,900 (4.2%) | $255,104 (8.0%) | 0.58 | 1,764 |
| 2019-12-01 | $174,900 (2.9%) | $259,814 (7.7%) | 0.58 | 1,614 |
| 2020-01-01 | $172,700 (1.6%) | $265,059 (9.2%) | 0.58 | 1,414 |
| 2020-02-01 | $184,900 (5.7%) | $275,102 (15.7%) | 0.60 | 1,317 |
| 2020-03-01 | $194,200 (4.6%) | $285,467 (14.1%) | 0.61 | 1,205 |
| 2020-04-01 | $199,950 (-2.4%) | $295,117 (9.9%) | 0.62 | 1,143 |
| 2020-05-01 | $205,900 (-1.0%) | $302,100 (11.4%) | 0.62 | 1,058 |
| 2020-06-01 | $207,900 (1.5%) | $311,944 (14.0%) | 0.61 | 1,095 |
| 2020-07-01 | $217,450 (7.4%) | $333,057 (20.4%) | 0.62 | 1,039 |
| 2020-08-01 | $220,000 (10.5%) | $331,466 (23.1%) | 0.63 | 1,031 |
| 2020-09-01 | $210,250 (7.0%) | $326,482 (23.0%) | 0.60 | 1,044 |
| 2020-10-01 | $209,000 (11.8%) | $312,276 (21.5%) | 0.60 | 1,043 |
| 2020-11-01 | $197,750 (9.9%) | $301,575 (18.2%) | 0.57 | 955 |
| 2020-12-01 | $189,450 (8.3%) | $305,478 (17.6%) | 0.56 | 874 |
| 2021-01-01 | $185,000 (7.1%) | $309,398 (16.7%) | 0.54 | 728 |
| 2021-02-01 | $205,200 (11.0%) | $330,905 (20.3%) | 0.59 | 612 |
| 2021-03-01 | $212,700 (9.5%) | $338,746 (18.7%) | 0.60 | 608 |
| 2021-04-01 | $225,000 (12.5%) | $351,507 (19.1%) | 0.60 | 633 |
| 2021-05-01 | $224,900 (9.2%) | $356,600 (18.0%) | 0.59 | 689 |
| 2021-06-01 | $224,900 (8.2%) | $360,803 (15.7%) | 0.58 | 792 |
| 2021-07-01 | $219,750 (1.1%) | $355,159 (6.6%) | 0.57 | 864 |
| 2021-08-01 | $199,450 (-9.3%) | $324,679 (-2.1%) | 0.52 | 954 |
| 2021-09-01 | $192,450 (-8.5%) | $326,681 (0.1%) | 0.51 | 927 |
| 2021-10-01 | $194,000 (-7.2%) | $315,046 (0.9%) | 0.51 | 923 |
| 2021-11-01 | $182,400 (-7.8%) | $311,999 (3.5%) | 0.48 | 788 |
| 2021-12-01 | $180,000 (-5.0%) | $319,388 (4.6%) | 0.48 | 658 |
| 2022-01-01 | $189,900 (2.7%) | $319,798 (3.4%) | 0.51 | 568 |
| 2022-02-01 | $189,450 (-7.7%) | $344,655 (4.2%) | 0.48 | 525 |
| 2022-03-01 | $198,250 (-6.8%) | $352,388 (4.0%) | 0.49 | 519 |
| 2022-04-01 | $199,900 (-11.2%) | $347,037 (-1.3%) | 0.47 | 522 |
| 2022-05-01 | $224,000 (-0.4%) | $343,272 (-3.7%) | 0.50 | 606 |
| 2022-06-01 | $237,000 (5.4%) | $360,611 (-0.1%) | 0.53 | 716 |
SYRACUSE's median listing price for 2022-06-01 was $237,000, a difference of
$12,100
(5.4%) versus the prior year and
$13,000 versus the prior month.
SYRACUSE's median listing price comes in at 53% of the national average.
SYRACUSE's average listing price for 2022-06-01 was $360,611, a difference of $-192 (-0.1%) versus the prior year and $17,339 versus the prior month.
For the 2022-06-01 period, SYRACUSE had 716 MLS listings, a difference of 110 listings (18%) versus the prior month and -76 listings (-10%) versus the prior year.
SYRACUSE's median listing price comes in at 53% of the national average.
SYRACUSE's average listing price for 2022-06-01 was $360,611, a difference of $-192 (-0.1%) versus the prior year and $17,339 versus the prior month.
For the 2022-06-01 period, SYRACUSE had 716 MLS listings, a difference of 110 listings (18%) versus the prior month and -76 listings (-10%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SYRACUSE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 94 days | 1,676 sqft |
| 2018-02-01 | 100 days | 1,684 sqft |
| 2018-03-01 | 86 days | 1,710 sqft |
| 2018-04-01 | 65 days | 1,735 sqft |
| 2018-05-01 | 56 days | 1,760 sqft |
| 2018-06-01 | 51 days | 1,779 sqft |
| 2018-07-01 | 52 days | 1,782 sqft |
| 2018-08-01 | 60 days | 1,778 sqft |
| 2018-09-01 | 66 days | 1,764 sqft |
| 2018-10-01 | 72 days | 1,771 sqft |
| 2018-11-01 | 77 days | 1,768 sqft |
| 2018-12-01 | 90 days | 1,756 sqft |
| 2019-01-01 | 97 days | 1,763 sqft |
| 2019-02-01 | 92 days | 1,759 sqft |
| 2019-03-01 | 67 days | 1,787 sqft |
| 2019-04-01 | 59 days | 1,825 sqft |
| 2019-05-01 | 57 days | 1,808 sqft |
| 2019-06-01 | 52 days | 1,805 sqft |
| 2019-07-01 | 53 days | 1,803 sqft |
| 2019-08-01 | 57 days | 1,790 sqft |
| 2019-09-01 | 65 days | 1,788 sqft |
| 2019-10-01 | 63 days | 1,778 sqft |
| 2019-11-01 | 72 days | 1,764 sqft |
| 2019-12-01 | 86 days | 1,754 sqft |
| 2020-01-01 | 98 days | 1,746 sqft |
| 2020-02-01 | 102 days | 1,770 sqft |
| 2020-03-01 | 91 days | 1,787 sqft |
| 2020-04-01 | 87 days | 1,800 sqft |
| 2020-05-01 | 95 days | 1,802 sqft |
| 2020-06-01 | 86 days | 1,820 sqft |
| 2020-07-01 | 58 days | 1,823 sqft |
| 2020-08-01 | 58 days | 1,824 sqft |
| 2020-09-01 | 57 days | 1,807 sqft |
| 2020-10-01 | 51 days | 1,800 sqft |
| 2020-11-01 | 67 days | 1,764 sqft |
| 2020-12-01 | 78 days | 1,760 sqft |
| 2021-01-01 | 88 days | 1,717 sqft |
| 2021-02-01 | 89 days | 1,767 sqft |
| 2021-03-01 | 70 days | 1,760 sqft |
| 2021-04-01 | 53 days | 1,764 sqft |
| 2021-05-01 | 50 days | 1,778 sqft |
| 2021-06-01 | 49 days | 1,789 sqft |
| 2021-07-01 | 47 days | 1,744 sqft |
| 2021-08-01 | 54 days | 1,705 sqft |
| 2021-09-01 | 55 days | 1,687 sqft |
| 2021-10-01 | 61 days | 1,688 sqft |
| 2021-11-01 | 71 days | 1,651 sqft |
| 2021-12-01 | 77 days | 1,640 sqft |
| 2022-01-01 | 80 days | 1,651 sqft |
| 2022-02-01 | 81 days | 1,650 sqft |
| 2022-03-01 | 70 days | 1,655 sqft |
| 2022-04-01 | 62 days | 1,655 sqft |
| 2022-05-01 | 51 days | 1,692 sqft |
| 2022-06-01 | 43 days | 1,730 sqft |
SYRACUSE's median listing age (time on market) for 2022-06-01 was 43 days.
This
is -13%
shorter
than the same period one year ago.
SYRACUSE's median square footage for active listings during the 2022-06-01 period was 1,730 sqft. One year prior, the average listing was 1,789 sqft.
SYRACUSE's median square footage for active listings during the 2022-06-01 period was 1,730 sqft. One year prior, the average listing was 1,789 sqft.
