Manufacturers and Traders Trust Company

23,446 mortgages originated in 2025 across 24 states, and what they cost borrowers.

Loans originated

23,446

Median rate

5.990%

Median lender fees

$5,444

Median loan amount

$165,000

Median spread over APOR

-0.756

Paid discount points

17.9%

Received lender credits

15.5%

Purchases / refinances

32.3% / 27.6%

Conventional / FHA / VA

90.4% / 6.1% / 3.4%

Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 39.6% of loans here — see methodology.

Where Manufacturers and Traders Trust Company lent

States with at least 50 loans in 2025, ranked by volume.