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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Empower Federal Credit Union 669 3.23% $3,485
PARAGON HOME LOANS INC. 518 3.05% $3,316
QUICKEN LOANS, LLC 501 3.19% $4,993
SEFCU SERVICES, LLC 369 3.01% $2,994
AMERICU Credit Union 348 3.53% $3,693
HOMESTEAD FUNDING CORP. 291 3.19% $3,680
Genesee Regional Bank 198 3.31% $3,823
MOVEMENT MORTGAGE, LLC 192 3.12% $3,977
KeyBank 188 3.18% $2,573
HUNT MORTGAGE CORPORATION 174 3.12% $4,417
1ST PRIORITY MORTGAGE, INC. 171 3.02% $3,561
Manufacturers and Traders Trust Company 164 3.18% $4,010
Community Bank 160 3.50% $850
PRIMELENDING, A PLAINSCAPITAL COMPANY 157 3.15% $3,836
COMMONFUND MORTGAGE CORP. 156 3.12% $3,634
Wells Fargo Bank 130 3.23% $3,636
PLAZA HOME MORTGAGE, INC. 130 3.06% $6,021
NBT Bank 128 3.00% $3,522
Premium Mortgage Corporation 117 3.06% $3,335
Pathfinder Bank 107 3.37% $2,729
JPMorgan Chase Bank 102 3.10% $3,363
VISIONS 101 3.03% $2,719
Geddes Federal Savings and Loan Association 97 3.01% $3,413
Bank of America 80 2.77% $3,556
SECNY Federal Credit Union 53 3.08% $2,516
UNITED WHOLESALE MORTGAGE, LLC 51 2.95% $6,160
Citizens Bank 50 2.96% $3,581
The Lyons National Bank 46 2.92% $5,737
NEWREZ LLC 42 3.22% $4,847
THE SUMMIT Federal Credit Union 40 3.06% $2,735
Mr. Cooper ( Nationstar Mortgage ) 40 3.51% $4,475
BETTER MORTGAGE CORPORATION 31 3.12% $4,529
LOANDEPOT.COM, LLC 30 2.99% $4,946
AMERICAN FINANCING CORPORATION 27 3.14% $4,197
OWNERSCHOICE FUNDING, INCORPORATED 25 3.24% $3,195
NAVY FEDERAL CREDIT UNION 23 3.63% $4,235
COUNTRYSIDE Federal Credit Union 22 3.11% $2,409
CCFCU FUNDING, LLC 21 3.05% $3,353
Farm Credit East, ACA 20 3.44% $8,539
ROYAL UNITED MORTGAGE LLC 19 3.76% $6,412
Berkshire Bank 16 3.09% $3,512
Tompkins Trust Company 13 3.06% $3,357
FREEDOM MORTGAGE CORPORATION 12 3.46% $3,847
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 12 3.69% $5,426
CROSSCOUNTRY MORTGAGE, LLC 11 3.23% $5,365
TD Bank 11 3.15% $5,971
HOME TOWN FUNDING, INC. 10 2.95% $3,565
NORTHERN CREDIT UNION 10 3.14% $2,882
U.S. Bank 10 3.01% $3,430
GUARANTEED RATE, INC. 9 3.07% $4,103
Discover Bank 9 4.52% $0
CALIBER HOME LOANS, INC. 8 3.25% $3,037
CFCU Community Credit Union 7 3.18% $1,490
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 3.19% $6,314
North American Savings Bank, F.S.B. 7 2.89% $2,302
Carrington Mortgage Services, LLC 7 3.25% $4,133
LAND HOME FINANCIAL SERVICES, INC. 7 3.09% $4,382
Citibank 7 2.95% $4,880
Flagstar Bank, FSB 6 3.30% $3,795
NATIONWIDE MORTGAGE BANKERS, INC. 6 3.29% $5,450
First Home Bank 6 3.23% $6,494
TOGETHER CREDIT UNION 6 3.04% $3,037
PENTAGON FEDERAL CREDIT UNION 6 2.75% $3,006
SIRVA MORTGAGE, INC. 6 3.02% $311
Northwest Bank 5 3.53% $5,057
The Federal Savings Bank 5 3.10% $5,844
PNC Bank 5 3.00% $3,997
PHH Mortgage Corporation 5 3.93% $4,671
Atlantic Home Loans, Inc. 5 3.17% $5,513
UNITED MORTGAGE CORP. 5 3.08% $5,240
EMBRACE HOME LOANS, INC. 4 3.72% $4,492
Mortgage Research Center, LLC 4 3.22% $3,398
ARC HOME LLC 4 3.56% $7,922
TIAA, FSB 4 2.81% $4,152
Chemung Canal Trust Company 4 3.16% $2,310
Stifel Bank and Trust 4 2.69% $3,312
FINANCE OF AMERICA MORTGAGE LLC 4 2.87% $7,389
AMERICAN FINANCIAL NETWORK, INC. 4 3.31% $12,274
KELLER MORTGAGE, LLC 4 3.25% $2,228
INTERSTATE HOME LOAN CENTER, INC. 3 3.25% $4,300
PARKSIDE LENDING, LLC 3 3.63% $5,555
Adirondack Bank 3 3.00% $4,427
First Internet Bank of Indiana 3 2.88% $3,702
RELIANCE FIRST CAPITAL, LLC 3 3.46% $7,573
Colonial Savings, F.A. 3 3.75% $3,983
NJ LENDERS CORP. 3 3.08% $4,155
Morgan Stanley Private Bank 3 2.35% $5,059
HSBC BANK USA, NATIONAL ASSOCIATION 3 3.46% $4,577
Baxter Credit Union 2 2.88% $3,788
AFFINITY 2 2.88% $2,609
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 3.06% $2,220
Axos Bank 2 3.31% $6,341
CORNING 2 2.94% $3,912
DRAPER AND KRAMER MORTGAGE CORP. 2 3.06% $3,974
First Horizon Bank 2 3.25% $6,376
GHS Federal Credit Union 2 2.88% $3,345
HOME POINT FINANCIAL CORPORATION 2 3.00% $5,603
InterContinental Capital Group, Inc 2 3.00% $5,507
Meridian Bank Corporation 2 3.19% $4,102
MID-ISLAND MORTGAGE CORP. 2 3.19% $2,806
NBKC BANK 2 2.81% $4,235
Quontic Bank 2 5.50% $9,169
RELIANT COMMUNITY FEDERAL CREDIT UNION 2 2.75% $2,721
The Huntington National Bank 2 3.00% $7,098
UBS Bank USA 2 2.56% $12,072
USAA Federal Savings Bank 2 3.06% $3,513
Leader Bank 1 3.00% $4,000
Northwest Federal Credit Union 1 2.75% $2,843
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.99% $5,064
HARTFORD FUNDING, LTD. 1 3.88% $4,274
GUARANTEED RATE AFFINITY, LLC 1 3.25% $4,682
GPO Federal Credit Union 1 3.38% $2,955
FIRST SOURCE 1 4.00% $3,063
First Republic Bank 1 2.55% $11,790
First National Bank of Omaha 1 3.13% $2,642
First National Bank of America 1 7.38% $8,099
First Midwest Bank 1 2.88% $3,446
First Federal Bank 1 3.25% $6,798
FirstBank 1 2.88% $4,188
AgFirst Farm Credit Bank 1 3.00% $4,486
RBC Bank, (Georgia) 1 2.63% $2,645
FAMILY FIRST OF NY 1 2.88% $3,864
UTILITIES EMPLOYEES CREDIT UNION 1 3.75% $3,540
RESIDENTIAL HOME FUNDING CORP. 1 3.00% $7,194
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.38% $4,736
Evolve Bank & Trust 1 2.63% $5,209
Santander Bank, N.A. 1 2.88% $4,912
ESL Federal Credit Union 1 3.63% $3,313
ENVOY MORTGAGE, LTD 1 3.50% $3,569
Elements Financial Federal Credit Union 1 3.63% $4,120
DIGITAL Federal Credit Union 1 3.13% $2,875
SUFFOLK 1 3.13% $5,668
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.00% $3,627
TEACHERS 1 2.88% $3,140
CLIFFCO, INC. 1 2.50% $4,893
Advisors Mortgage Group, L.L.C. 1 3.00% $4,038
City National Bank 1 2.89% $5,586
Cf Bank 1 2.88% $3,340
The Union Bank Company 1 3.25% $4,682
Barrington Bank & Trust Company, N.A. 1 4.13% $5,525
Bank of Whittier 1 3.13% $2,806
Bank of England 1 3.25% $4,279
TOTAL MORTGAGE SERVICES, LLC 1 3.38% $4,470
Truist Bank 1 2.75% $2,822
21ST MORTGAGE CORPORATION 1 6.05% $4,901
United Community Bank 1 3.73% $3,124
AMERICAN INTERNET MORTGAGE, INC. 1 2.50% $6,899
ALLIANT CREDIT UNION 1 2.88% $5,093
Wilmington Savings Fund Society, FSB 1 3.38% $4,933
Nations Lending Corporation 1 3.38% $8,002
Nassau Educators Federal Credit Union 1 3.13% $3,598
Mid Penn Bank 1 2.63% $2,886
Metro City Bank 1 4.63% $6,847
Northpointe Bank 1 3.38% $4,333

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.

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.