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METRO Credit Union closing costs and rates (2024)

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In 2024, METRO Credit Union originated 118 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $3,846. That is $2,895 below the national median of $6,741. METRO Credit Union is most active in Massachusetts with 113 originations there.

Purchase Originations

118

Median Total Costs

$3,846

−43.0% vs national ($6,741)

Median Rate

6.625%

+0.1% vs national (6.620%)

Median Origination

$1,090

Median Lender Credits

$34

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1126.625%$3,827$1,090

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Massachusetts1136.625%$3,839#85
New Hampshire56.625%$3,866

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$3,0386.625%1−$808
2$3,0746.688%2−$772
3$3,1506.875%1−$696
4$3,5276.875%13−$319
5$3,7796.750%7−$67
6$3,8178.125%1−$29
7$3,9016.500%36+$55
8$3,9296.625%30+$83
9$4,2016.625%3+$355
10$4,3946.500%15+$548
11$4,8086.500%4+$962
12$4,9786.375%5+$1,132

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.