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Mortgage rates in Vermont

Interest rates that don’t usually stray too far from the national average.


Fact checked

Mortgage rates during the coronavirus

As mortgage rates fall to record lows in the wake of COVID-19, our partners are seeing an increase in demand for loans and refinancing. As they work through this influx of applications, you may see rates that are higher than expected — or no rates at all. We recommend comparing offers from multiple lenders to ensure you're getting the best deal possible.

Compare mortgage lenders in Vermont

The average mortgage rate for a 30-year conventional loan is 4.632% in Vermont. Interest rates don’t vary too far across loan types and should skim the 4% mark in 2020.

Compare more mortgage lenders

Name Product Loan products offered State availability Min. credit score
(NMLS #330511)
Conventional, Jumbo, FHA, Refinance
Not available in: HI, MA, MN, NV, NH, VT, VA
Online preapproval in minutes and no origination fees with this direct lender.
Axos Bank
(NMLS #524995)
Axos Bank
Conventional, Jumbo, FHA, VA, Home Equity/HELOC, Refinance
Available in all states
Purchase, refinance, and home equity options available with lender fees as low as $0 (restrictions apply).
(NMLS #174457)
Conventional, Jumbo, FHA, VA, Home Equity, Refinance
Available in all states
Access a wide range of mortgage and home equity options in person or online with this direct lender.
(NMLS #1136)
Conventional, Jumbo, FHA, VA, USDA, Home Equity, HELOC, Reverse, Refinance
Available in all states
Connect with vetted home loan lenders quickly through this online marketplace.

Compare up to 4 providers

How much do Vermont rates vary?

Average 30-year mortgage rates came in from 4.417% to 4.832% in 2018. Several conditions go into setting your mortgage rate, such as your credit history, the type of loan and the length of the loan. In Vermont, mortgage rates vary little between loan types.

2018 average rates in Vermont by loan type

Loan type15-year average rate30-year average rate

Conventional 4.506% 4.615%
FHA 4.125% 4.832%
VA 4.000% 4.665%
USDA Not available 4.417%

Rates based on data from

For example, if you borrow a $235,000 30-year FHA loan at 4.832%, you can expect to pay $1,240 a month.

But if you can afford to pay about $500 more each month, a 15-year FHA loan comes with lower rates at 4.125%. Your monthly payment would go up to $1,750, but you could save $129,960 in interest over the course of the loan.

Mortgage rates in Vermont are expected to jump slightly over and under the 4% mark in 2020.

Historically, rates in Vermont will come in right around the national average. For example, average mortgage rates were an average 0.13% below the rest of the country between 2014 and 2016, and an average 0.12% higher in 2017 and 2018.

Bankrate chief financial analyst Greg McBride predicts US interest rates to stay steady at the 4% level in 2020.

Compare mortgage rates throughout Vermont

Depending on which county you’re in, mortgage rates, home values and loan amounts can differ in the Mountain State. For example homeowners in Chittenden County could pay almost $600 monthly more than residents in Essex County.

We sifted through data from the Home Mortgage Disclosure Act to figure out what you might pay for a 30-year fixed-rate mortgage within different counties in Vermont. These numbers don’t include any taxes, insurance, or fees that are unique to your loan.

CountyAverage mortgage rateMedian loan amountEstimated monthly cost

Addison County 4.621% $215,000 $1,100
Bennington County 4.712% $175,000 $900
Caledonia County 4.676% $145,000 $750
Chittenden County 4.556% $255,000 $1,300
Essex County 4.640% $125,000 $640
Franklin County 4.579% $185,000 $950
Grand Isle County 4.592% $225,000 $1,150
Lamoille County 4.654% $205,000 $1,060
Orange County 4.688% $165,000 $850
Orleans County 4.726% $145,000 $750
Rutland County 4.658% $135,000 $700
Washington County 4.675% $185,000 $960
Windham County 4.624% $175,000 $900
Windsor County 4.655% $175,000 $900

Rates and amounts based on data from

How to get the best mortgage rate in Vermont

Put these tips to work to qualify for a better rate on your next mortgage.

  1. Look at different loan programs. Lenders typically have a range of loans to choose from, all with slightly different interest rates. Look at all your options and see which programs you may qualify for.
  2. Polish your credit profile. Lenders are looking for borrowers with a solid credit history. Pay down any existing debts and increase your credit score to become a more attractive borrower, which may qualify you for a lower rate.
  3. Remember closing costs. Some lenders offer a low rate for your mortgage but have really high closing costs. Vermont lenders usually charge anywhere from 1.18% to 1.48% of the sale price of the home in closing costs. Weigh your interest rate and closing costs together to see the full cost of a loan.

Historical mortgage interest rates in Vermont

Bottom line

While interest rates in Vermont tend to be around the national average, lenders decide their own rates. To ensure you are getting the best deal possible, compare loan products and lenders.

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