See the latest Vermont mortgage rates for fixed rates: 30 year, 20, 15, 10 FHA, VA, Jumbo, plus variable rates: 10, 7, 5, 3 years. Also see how local rates compare nationally and main lending options available across the state.
Buying a home in Vermont could be easier with today’s mortgage rates.
Vermont Mortgage Rates –
The table below shows today’s home purchase mortgage rates for Vermont, organized by credit score and lender type:
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 6.31% | 6.36% | 6.41% | |
| Vermont | 6.40% | 6.45% | 6.50% | |
| Credit Unions | 6.00% | 6.05% | 6.20% | 8.5/10 |
| Online lenders | 6.10% | 6.15% | 6.30% | 8.2/10 |
| Banks | 6.40% | 6.45% | 6.50% | 7.9/10 |
| 30 year fixed | 6.40% | 6.45% | 6.50% | |
| 30 year fixed FHA | 6.74% | 6.79% | 6.84% | |
| 30 year fixed VA | 6.05% | 6.10% | 6.15% | |
| 30 year fixed Jumbo | 6.63% | 7.01% | 7.20% | |
| 20 year fixed | 6.04% | 6.09% | 6.14% | |
| 15 year fixed | 5.95% | 6.00% | 6.05% | |
| 10 year fixed | 6.08% | 6.13% | 6.18% | |
| 3 year ARM | 4.25% | 4.30% | 4.35% | |
| 5 year ARM | 6.62% | 6.67% | 6.72% | |
| 7 year ARM | 6.68% | 6.73% | 6.78% | |
| 10 year ARM | 6.42% | 6.47% | 6.52% | |
| Satisfaction | 9.1/10 | 7.8/10 | 7.7/10 |
Source: MFP’s Community Home Purchase Rates Survey from Vermont members in the last 30 days.
How Vermont Compares to National Averages
- Vermont mortgage rates (6.40% for best credit scores) are slightly above national averages (national average: 6.31%).
- Credit unions are more competitive: In Vermont, credit unions offer 6.00%, banks 6.40%, online lenders 6.10%.
Mortgage Options in Vermont
- 30 year fixed: 6.40% - most popular long-term option for predictable payments
- 20 year fixed: 6.04% - balance between payment size and interest savings
- 15 year fixed: 5.95% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 6.08% - shortest fixed-term option with competitive rates
- 10 year variable: 4.25% - Offers a longer initial period with a variable rate...
- 7 year variable: 6.62% - A mid-term variable option...
- 5 year variable: 6.68% - Shorter-term variable mortgage...
- 3 year variable: 6.42% - Quick-adjusting mortgage...
- FHA mortgage: government-backed with flexible credit requirements
- VA mortgage: exclusive to veterans and military members with competitive rates
Vermont Metro Mortgage Rates*
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Burlington | 6.36% | 5.73% |
| Montpelier | 6.40% | 5.77% |
| Rutland | 6.38% | 5.75% |
| Barre | 6.39% | 5.76% |
| St. Albans | 6.37% | 5.74% |
* APR rates shown are for borrowers with excellent credit. Click city names to view recommended lenders and ratings.
Compare Lenders Rated by Vermont Homeowners
Vermont homeowners rated their mortgage lenders on:
- Ease of application
- Rates and terms offered
- Customer support and advice
- Overall recommendation %
See the Best Mortgage Lenders in Vermont
FAQs – Vermont Mortgage Rates
Are home purchase rates higher in Vermont than the U.S. average?
Vermont mortgage rates typically align closely with national averages, providing competitive options for local homebuyers.
What credit score is best for buying a home in Vermont?
A credit score of 720 or higher typically secures the most competitive mortgage rates available in Vermont.
Is it better to choose a fixed-rate or ARM in Vermont?
Fixed-rate mortgages offer payment stability for long-term homeowners, while ARMs may benefit those planning to move or refinance within a few years.
More Vermont Home Information:
Vermont Best Home Insurance from Community Recommendations & Insurance Costs
More Resources for Vermont Homeowners.