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Fall River Five Cents Savings Bank closing costs and rates (2024)

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In 2024, Fall River Five Cents Savings Bank originated 455 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $4,338. That is $2,403 below the national median of $6,741. Fall River Five Cents Savings Bank is most active in Massachusetts with 383 originations there.

Purchase Originations

455

Median Total Costs

$4,338

−35.6% vs national ($6,741)

Median Rate

6.500%

−1.8% vs national (6.620%)

Median Origination

$995

Median Lender Credits

$448

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional3526.500%$4,057$995
fha936.125%$13,672$1,095

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Massachusetts3836.500%$4,392#29
Rhode Island606.500%$4,175#36
New Hampshire76.750%$4,614
Connecticut46.188%$3,829
Florida15.875%$7,660

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$2,9176.125%3−$1,421
2$3,6345.875%1−$704
3$3,7296.875%5−$609
4$4,0256.250%1−$313
5$4,0726.500%140−$266
6$4,1306.500%36−$208
7$4,1916.500%52−$147
8$4,2566.625%31−$82
9$4,2696.625%16−$69
10$4,3335.875%5−$5
11$4,3446.812%2+$6
12$4,3476.375%11+$9
13$4,3746.750%2+$36
14$4,4326.375%36+$94
15$4,5926.500%43+$254
16$4,7396.688%2+$401
17$7,6605.875%1+$3,322
18$8,0646.188%8+$3,726
19$9,0386.625%4+$4,700
20$13,2966.125%54+$8,958

Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.

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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).

Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.