Barre Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Barre averaged
6.38%
for the week of 2024-12-12, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2024-12-05) was
6.47% and
one month ago for the week of 2024-11-07, the
average rate was 6.67%.
Barre's average rate one year ago was 6.91%.
For refis of the same type during the week of 2024-12-12, the average rate
was 6.6%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-12-12 | 6.6% |
Barre 30 Year Fixed Rate | 2024-12-12 | 6.38% |
Barre 30 Year Fixed Rate Refi | 2024-12-12 | 6.6% |
Barre 15 Year Fixed Rate | 2024-12-12 | 5.84% |
Barre 15 Year Fixed Rate Refi | 2024-12-12 | 6.04% |
Barre 30 Year FHA | 2024-12-12 | 6.38% |
Barre 30 Year FHA Refi | 2024-12-12 | 6.18% |
Barre 30 Year USDA | 2024-12-12 | 6.2% |
Barre 30 Year USDA Refi | 2024-12-12 | 6.1% |
Barre 30 Year VA | 2024-12-12 | 6.28% |
Barre 30 Year VA Refi | 2024-12-12 | 5.98% |
Barre Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Barre, VT market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Barre Average Closing Costs & Other Stats
Barre, VT's 65 lenders originated 1,067
loans during 2023. The total origination value was $230,015,000, with an average loan value of
$215,572.
Barre's average closing costs are $4,605.
The top Barre lender as defined by loan originations is NEW ENGLAND FEDERAL CREDIT UNION, with
64 loans originated. Their average total fees are
$4,017, which is $1,878
lower than the next largest lender,
NORTHEAST HOME LOAN, LLC.
The lowest fee Barre lenders (with over 10 loans originated) are
NORTH COUNTRY ($3,378), Northfield Savings Bank ($3,930), NEW ENGLAND FEDERAL CREDIT UNION ($4,017), Vermont Federal Credit Union ($4,135) and Union Bank ($4,153).
The lowest rate Barre lenders (with over 10 loans originated) are
Northfield Savings Bank (6.34%), Vermont Federal Credit Union (6.37%), NEW ENGLAND FEDERAL CREDIT UNION (6.57%), Union Bank (6.63%) and NORTHEAST HOME LOAN, LLC (6.72%).
Barre, VT Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
NEW ENGLAND FEDERAL CREDIT UNION | $32,790,000 | $35,295,000 | 7.6% | 15.3% |
Northfield Savings Bank | $34,260,000 | $23,760,000 | -30.6% | 10.3% |
NORTHEAST HOME LOAN, LLC | $13,200,000 | $18,570,000 | 40.7% | 8.1% |
Union Bank | $12,310,000 | $13,205,000 | 7.3% | 5.7% |
NORTH COUNTRY | $27,805,000 | $11,385,000 | -59.1% | 4.9% |
QUICKEN LOANS, LLC | $23,210,000 | $10,405,000 | -55.2% | 4.5% |
Community National Bank | $12,170,000 | $9,325,000 | -23.4% | 4.1% |
Mascoma Bank | $7,465,000 | $6,625,000 | -11.3% | 2.9% |
Vermont Federal Credit Union | $5,620,000 | $6,495,000 | 15.6% | 2.8% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $8,755,000 | $5,950,000 | -32.0% | 2.6% |
ACADEMY MORTGAGE CORPORATION | $5,685,000 | $5,850,000 | 2.9% | 2.5% |
Citizens Bank | $11,110,000 | $4,775,000 | -57.0% | 2.1% |
TD Bank | $18,390,000 | $4,290,000 | -76.7% | 1.9% |
CMG MORTGAGE, INC. | $3,920,000 | n/a | 1.7% | |
Community Bank | $5,150,000 | $3,770,000 | -26.8% | 1.6% |
PENNYMAC LOAN SERVICES, LLC | $3,970,000 | $3,480,000 | -12.3% | 1.5% |
EMM LOANS LLC | $700,000 | $3,285,000 | 369.3% | 1.4% |
Mortgage Research Center, LLC | $4,270,000 | $3,245,000 | -24.0% | 1.4% |
American Mortgage & Equity Consultants, Inc. | $3,085,000 | n/a | 1.3% | |
Goldman Sachs Bank USA | $505,000 | $3,005,000 | 495.0% | 1.3% |
MOVEMENT MORTGAGE, LLC | $4,290,000 | $2,995,000 | -30.2% | 1.3% |
The National Bank of Middlebury | $5,660,000 | $2,600,000 | -54.1% | 1.1% |
AMERISAVE MORTGAGE CORPORATION | $1,335,000 | $2,260,000 | 69.3% | 1.0% |
JPMorgan Chase Bank | $8,230,000 | $2,210,000 | -73.1% | 1.0% |
KeyBank | $2,780,000 | $1,890,000 | -32.0% | 0.8% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $700,000 | $1,890,000 | 170.0% | 0.8% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $11,125,000 | $1,845,000 | -83.4% | 0.8% |
Morgan Stanley Private Bank | $1,075,000 | $1,805,000 | 67.9% | 0.8% |
UNITED WHOLESALE MORTGAGE, LLC | $3,340,000 | $1,450,000 | -56.6% | 0.6% |
First-Citizens Bank & Trust Company | $1,405,000 | n/a | 0.6% | |
LOANDEPOT.COM, LLC | $3,290,000 | $1,390,000 | -57.8% | 0.6% |
USAA Federal Savings Bank | $1,165,000 | $1,195,000 | 2.6% | 0.5% |
Bank of America | $2,795,000 | $1,190,000 | -57.4% | 0.5% |
HARBORONE MORTGAGE, LLC | $1,125,000 | n/a | 0.5% | |
M&T Bank | $2,855,000 | $1,005,000 | -64.8% | 0.4% |
Webster Bank | $1,005,000 | n/a | 0.4% | |
GUARANTEED RATE, INC. | $1,430,000 | $955,000 | -33.2% | 0.4% |
BROKER SOLUTIONS, INC. | $1,050,000 | $925,000 | -11.9% | 0.4% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $245,000 | $905,000 | 269.4% | 0.4% |
Farm Credit East, ACA | $165,000 | $830,000 | 403.0% | 0.4% |
Carrington Mortgage Services, LLC | $965,000 | $805,000 | -16.6% | 0.3% |
Peoples Trust Company of St. Albans | $765,000 | n/a | 0.3% | |
Advisors Mortgage Group, L.L.C. | $245,000 | $725,000 | 195.9% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $2,445,000 | $725,000 | -70.3% | 0.3% |
Landmark National Bank | $705,000 | n/a | 0.3% | |
RELIANCE FIRST CAPITAL, LLC | $430,000 | $650,000 | 51.2% | 0.3% |
ONE Credit Union | $750,000 | $645,000 | -14.0% | 0.3% |
Leader Bank | $1,175,000 | $640,000 | -45.5% | 0.3% |
U.S. Bank | $2,170,000 | $615,000 | -71.7% | 0.3% |
Citibank | $1,165,000 | $605,000 | -48.1% | 0.3% |
FREEDOM MORTGAGE CORPORATION | $1,045,000 | $590,000 | -43.5% | 0.3% |
BETTER MORTGAGE CORPORATION | $905,000 | $585,000 | -35.4% | 0.3% |
MUTUAL OF OMAHA MORTGAGE, INC. | $1,275,000 | $570,000 | -55.3% | 0.2% |
DRAPER AND KRAMER MORTGAGE CORP. | $3,445,000 | $560,000 | -83.7% | 0.2% |
Farmers Bank & Trust | $525,000 | n/a | 0.2% | |
HOMESTEAD FUNDING CORP. | $385,000 | $465,000 | 20.8% | 0.2% |
Navigant Credit Union | $660,000 | $465,000 | -29.5% | 0.2% |
First Savings Bank | $435,000 | n/a | 0.2% | |
NBKC BANK | $205,000 | $420,000 | 104.9% | 0.2% |
BNC National Bank | $820,000 | $410,000 | -50.0% | 0.2% |
NEWREZ LLC | $510,000 | $385,000 | -24.5% | 0.2% |
PNC Bank | $835,000 | $360,000 | -56.9% | 0.2% |
Farmers and Merchants Union Bank | $355,000 | n/a | 0.2% | |
MEMBERS MORTGAGE COMPANY, INC. | $355,000 | n/a | 0.2% | |
GEORGIA'S OWN | $345,000 | n/a | 0.1% | |
CROSSCOUNTRY MORTGAGE, LLC | $510,000 | $335,000 | -34.3% | 0.1% |
HARVARD UNIVERSITY EMPLOYEES | $35,000 | $335,000 | 857.1% | 0.1% |
Barrington Bank & Trust Company, N.A. | $760,000 | $315,000 | -58.6% | 0.1% |
NAVY FEDERAL CREDIT UNION | $1,410,000 | $310,000 | -78.0% | 0.1% |
DEEPHAVEN MORTGAGE LLC | $285,000 | n/a | 0.1% | |
MEMBERS ADVANTAGE COMMUNITY CREDIT UNION | $145,000 | $275,000 | 89.7% | 0.1% |
NBT Bank | $1,000,000 | $255,000 | -74.5% | 0.1% |
Bar Harbor Bank & Trust | $720,000 | $245,000 | -66.0% | 0.1% |
NexBank | $245,000 | n/a | 0.1% | |
TRIAD FINANCIAL SERVICES, INC. | $245,000 | n/a | 0.1% | |
Paramount Residential Mortgage Group, Inc. | $980,000 | $225,000 | -77.0% | 0.1% |
Discover Bank | $65,000 | $220,000 | 238.5% | 0.1% |
Ally Bank | $285,000 | $215,000 | -24.6% | 0.1% |
CARDINAL FINANCIAL | $1,100,000 | $185,000 | -83.2% | 0.1% |
LEADERONE FINANCIAL CORPORATION | $155,000 | $185,000 | 19.4% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $175,000 | n/a | 0.1% | |
ADVANCIAL | $155,000 | n/a | 0.1% | |
Service Federal Credit Union | $155,000 | n/a | 0.1% | |
21ST MORTGAGE CORPORATION | $430,000 | $125,000 | -70.9% | 0.1% |
HANSCOM | $105,000 | n/a | 0.0% | |
Figure Lending LLC | $115,000 | $80,000 | -30.4% | 0.0% |
MEMBER FIRST MORTGAGE, LLC | $75,000 | n/a | 0.0% | |
NORTHEAST CREDIT UNION | $75,000 | n/a | 0.0% | |
The Federal Savings Bank | $245,000 | $65,000 | -73.5% | 0.0% |
DIGITAL Federal Credit Union | $275,000 | $55,000 | -80.0% | 0.0% |
Barre's top lender by overall market share is NEW ENGLAND FEDERAL CREDIT UNION, with 15.3% market share. In second place, with 10.3%, is Northfield Savings Bank, having originated $23,760,000 in loans. In third place, with 8.1%, is NORTHEAST HOME LOAN, LLC, having originated $18,570,000 in loans. In fourth place, with 5.7%, is Union Bank, having originated $13,205,000 in loans. In fifth place, with 4.9%, is NORTH COUNTRY, having originated $11,385,000 in loans.
Barre Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Barre (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $285,000 (28.8%) | $380,098 (22.7%) | 0.00 | 364 |
2018-02-01 | $281,175 (25.0%) | $376,751 (20.1%) | 0.00 | 355 |
2018-03-01 | $278,900 (25.4%) | $370,665 (19.6%) | 0.00 | 353 |
2018-04-01 | $275,875 (22.7%) | $357,187 (15.3%) | 0.00 | 352 |
2018-05-01 | $281,500 (21.6%) | $358,497 (12.9%) | 0.00 | 360 |
2018-06-01 | $299,000 (19.9%) | $373,243 (17.6%) | 0.00 | 384 |
2018-07-01 | $295,750 (18.3%) | $371,115 (15.4%) | 0.00 | 406 |
2018-08-01 | $292,250 (12.9%) | $365,930 (10.9%) | 0.00 | 416 |
2018-09-01 | $295,000 (9.3%) | $363,756 (1.0%) | 0.00 | 417 |
2018-10-01 | $297,250 (9.9%) | $368,751 (1.4%) | 0.00 | 409 |
2018-11-01 | $289,900 (9.0%) | $370,127 (4.6%) | 0.00 | 386 |
2018-12-01 | $295,000 (5.7%) | $366,507 (-1.1%) | 0.00 | 357 |
2019-01-01 | $299,450 (5.1%) | $369,480 (-2.8%) | 0.00 | 323 |
2019-02-01 | $285,000 (1.4%) | $360,935 (-4.2%) | 0.00 | 319 |
2019-03-01 | $273,714 (-1.9%) | $362,976 (-2.1%) | 0.00 | 319 |
2019-04-01 | $279,714 (1.4%) | $364,227 (2.0%) | 0.00 | 316 |
2019-05-01 | $295,000 (4.8%) | $357,514 (-0.3%) | 0.00 | 335 |
2019-06-01 | $299,000 (0.0%) | $370,828 (-0.7%) | 0.00 | 349 |
2019-07-01 | $311,250 (5.2%) | $367,144 (-1.1%) | 0.00 | 393 |
2019-08-01 | $308,941 (5.7%) | $370,209 (1.2%) | 0.00 | 389 |
2019-09-01 | $303,602 (2.9%) | $367,832 (1.1%) | 0.00 | 385 |
2019-10-01 | $300,318 (1.0%) | $362,027 (-1.8%) | 0.00 | 373 |
2019-11-01 | $305,000 (5.2%) | $362,985 (-1.9%) | 0.00 | 321 |
2019-12-01 | $317,225 (7.5%) | $373,339 (1.9%) | 0.00 | 289 |
2020-01-01 | $309,875 (3.5%) | $368,883 (-0.2%) | 0.00 | 274 |
2020-02-01 | $315,000 (10.5%) | $375,975 (4.2%) | 0.00 | 268 |
2020-03-01 | $299,925 (9.6%) | $369,322 (1.8%) | 0.00 | 258 |
2020-04-01 | $299,925 (7.2%) | $372,765 (2.3%) | 0.00 | 259 |
2020-05-01 | $300,000 (1.7%) | $374,412 (4.7%) | 0.00 | 247 |
2020-06-01 | $306,075 (2.4%) | $386,162 (4.1%) | 0.00 | 246 |
2020-07-01 | $299,900 (-3.7%) | $383,812 (4.5%) | 0.00 | 235 |
2020-08-01 | $299,900 (-2.9%) | $407,425 (10.1%) | 0.00 | 211 |
2020-09-01 | $297,500 (-2.0%) | $412,060 (12.0%) | 0.00 | 204 |
2020-10-01 | $299,700 (-0.2%) | $415,311 (14.7%) | 0.00 | 187 |
2020-11-01 | $297,625 (-2.4%) | $427,914 (17.9%) | 0.00 | 162 |
2020-12-01 | $299,350 (-5.6%) | $454,750 (21.8%) | 0.00 | 151 |
2021-01-01 | $296,000 (-4.5%) | $469,760 (27.4%) | 0.00 | 132 |
2021-02-01 | $305,150 (-3.1%) | $507,140 (34.9%) | 0.00 | 112 |
2021-03-01 | $329,450 (9.8%) | $550,899 (49.2%) | 0.00 | 101 |
2021-04-01 | $378,500 (26.2%) | $589,887 (58.3%) | 0.00 | 91 |
2021-05-01 | $349,000 (16.3%) | $500,748 (33.7%) | 0.00 | 99 |
2021-06-01 | $319,750 (4.5%) | $510,957 (32.3%) | 0.00 | 116 |
2021-07-01 | $309,000 (3.0%) | $474,631 (23.7%) | 0.00 | 129 |
2021-08-01 | $290,225 (-3.2%) | $457,381 (12.3%) | 0.00 | 130 |
2021-09-01 | $301,225 (1.3%) | $463,104 (12.4%) | 0.00 | 113 |
2021-10-01 | $279,250 (-6.8%) | $442,249 (6.5%) | 0.00 | 112 |
2021-11-01 | $279,950 (-5.9%) | $449,017 (4.9%) | 0.00 | 87 |
2021-12-01 | $286,450 (-4.3%) | $454,466 (-0.1%) | 0.00 | 67 |
2022-01-01 | $269,450 (-9.0%) | $455,366 (-3.1%) | 0.00 | 58 |
2022-02-01 | $287,450 (-5.8%) | $419,773 (-17.2%) | 0.00 | 44 |
2022-03-01 | $283,750 (-13.9%) | $447,182 (-18.8%) | 0.00 | 47 |
2022-04-01 | $347,450 (-8.2%) | $461,635 (-21.7%) | 0.00 | 45 |
2022-05-01 | $381,500 (9.3%) | $551,320 (10.1%) | 0.00 | 60 |
2022-06-01 | $362,250 (13.3%) | $524,023 (2.6%) | 0.00 | 73 |
2022-07-01 | $373,000 (20.7%) | $518,662 (9.3%) | 0.00 | 87 |
2022-08-01 | $357,000 (23.0%) | $486,577 (6.4%) | 0.00 | 91 |
2022-09-01 | $384,000 (27.5%) | $480,870 (3.8%) | 0.00 | 93 |
2022-10-01 | $350,000 (25.3%) | $466,822 (5.6%) | 0.00 | 90 |
2022-11-01 | $367,250 (31.2%) | $459,212 (2.3%) | 0.00 | 78 |
2022-12-01 | $352,000 (22.9%) | $463,544 (2.0%) | 0.00 | 58 |
2023-01-01 | $363,250 (34.8%) | $503,938 (10.7%) | 0.00 | 46 |
2023-02-01 | $344,000 (19.7%) | $477,575 (13.8%) | 0.00 | 42 |
2023-03-01 | $351,975 (24.0%) | $478,964 (7.1%) | 0.00 | 40 |
2023-04-01 | $395,000 (13.7%) | $505,997 (9.6%) | 0.00 | 45 |
2023-05-01 | $417,000 (9.3%) | $536,916 (-2.6%) | 0.00 | 50 |
2023-06-01 | $450,750 (24.4%) | $604,431 (15.3%) | 0.00 | 67 |
2023-07-01 | $497,000 (33.2%) | $614,295 (18.4%) | 0.00 | 68 |
2023-08-01 | $515,500 (44.4%) | $673,067 (38.3%) | 0.00 | 84 |
2023-09-01 | $450,000 (17.2%) | $604,714 (25.8%) | 0.00 | 97 |
2023-10-01 | $409,375 (17.0%) | $569,336 (22.0%) | 0.00 | 107 |
2023-11-01 | $357,200 (-2.7%) | $555,767 (21.0%) | 0.00 | 91 |
2023-12-01 | $379,000 (7.7%) | $576,983 (24.5%) | 0.00 | 75 |
2024-01-01 | $342,500 (-5.7%) | $573,141 (13.7%) | 0.00 | 60 |
2024-02-01 | $391,000 (13.7%) | $520,243 (8.9%) | 0.00 | 64 |
2024-03-01 | $379,000 (7.7%) | $491,586 (2.6%) | 0.00 | 70 |
2024-04-01 | $375,000 (-5.1%) | $483,044 (-4.5%) | 0.00 | 76 |
2024-05-01 | $421,950 (1.2%) | $516,075 (-3.9%) | 0.00 | 79 |
2024-06-01 | $449,250 (-0.3%) | $511,065 (-15.5%) | 0.00 | 86 |
2024-07-01 | $455,750 (-8.3%) | $594,090 (-3.3%) | 0.00 | 110 |
2024-08-01 | $498,000 (-3.4%) | $633,775 (-5.8%) | 0.00 | 138 |
2024-09-01 | $480,000 (6.7%) | $654,370 (8.2%) | 0.00 | 152 |
2024-10-01 | $482,100 (17.8%) | $630,758 (10.8%) | 0.00 | 165 |
2024-11-01 | $475,950 (33.2%) | $598,458 (7.7%) | 0.00 | 149 |
Barre's median listing price comes in at 0% of the national average.
Barre's average listing price for 2024-11-01 was $598,458, a difference of $42,691 (7.7%) versus the prior year and $-32,300 versus the prior month.
For the 2024-11-01 period, Barre had 149 MLS listings, a difference of -16 listings (-10%) versus the prior month and 58 listings (64%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Barre (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,788 sqft |
2018-02-01 | 0 days | 1,763 sqft |
2018-03-01 | 0 days | 1,766 sqft |
2018-04-01 | 0 days | 1,808 sqft |
2018-05-01 | 0 days | 1,886 sqft |
2018-06-01 | 0 days | 1,926 sqft |
2018-07-01 | 0 days | 1,967 sqft |
2018-08-01 | 0 days | 1,932 sqft |
2018-09-01 | 0 days | 1,920 sqft |
2018-10-01 | 0 days | 1,917 sqft |
2018-11-01 | 0 days | 1,920 sqft |
2018-12-01 | 0 days | 1,888 sqft |
2019-01-01 | 0 days | 1,855 sqft |
2019-02-01 | 0 days | 1,812 sqft |
2019-03-01 | 0 days | 1,808 sqft |
2019-04-01 | 0 days | 1,809 sqft |
2019-05-01 | 0 days | 1,864 sqft |
2019-06-01 | 0 days | 1,898 sqft |
2019-07-01 | 0 days | 1,900 sqft |
2019-08-01 | 0 days | 1,899 sqft |
2019-09-01 | 0 days | 1,899 sqft |
2019-10-01 | 0 days | 1,892 sqft |
2019-11-01 | 0 days | 1,872 sqft |
2019-12-01 | 0 days | 1,872 sqft |
2020-01-01 | 0 days | 1,867 sqft |
2020-02-01 | 0 days | 1,900 sqft |
2020-03-01 | 0 days | 1,858 sqft |
2020-04-01 | 0 days | 1,830 sqft |
2020-05-01 | 0 days | 1,836 sqft |
2020-06-01 | 0 days | 1,809 sqft |
2020-07-01 | 0 days | 1,824 sqft |
2020-08-01 | 0 days | 1,802 sqft |
2020-09-01 | 0 days | 1,800 sqft |
2020-10-01 | 0 days | 1,800 sqft |
2020-11-01 | 0 days | 1,800 sqft |
2020-12-01 | 0 days | 1,821 sqft |
2021-01-01 | 0 days | 1,777 sqft |
2021-02-01 | 0 days | 1,805 sqft |
2021-03-01 | 0 days | 1,961 sqft |
2021-04-01 | 0 days | 2,015 sqft |
2021-05-01 | 0 days | 1,795 sqft |
2021-06-01 | 0 days | 1,776 sqft |
2021-07-01 | 0 days | 1,740 sqft |
2021-08-01 | 0 days | 1,716 sqft |
2021-09-01 | 0 days | 1,733 sqft |
2021-10-01 | 0 days | 1,786 sqft |
2021-11-01 | 0 days | 1,720 sqft |
2021-12-01 | 0 days | 1,635 sqft |
2022-01-01 | 0 days | 1,579 sqft |
2022-02-01 | 0 days | 1,470 sqft |
2022-03-01 | 0 days | 1,546 sqft |
2022-04-01 | 0 days | 1,587 sqft |
2022-05-01 | 0 days | 1,653 sqft |
2022-06-01 | 0 days | 1,685 sqft |
2022-07-01 | 0 days | 1,725 sqft |
2022-08-01 | 0 days | 1,773 sqft |
2022-09-01 | 0 days | 1,800 sqft |
2022-10-01 | 0 days | 1,800 sqft |
2022-11-01 | 0 days | 1,816 sqft |
2022-12-01 | 0 days | 1,704 sqft |
2023-01-01 | 0 days | 1,685 sqft |
2023-02-01 | 0 days | 1,510 sqft |
2023-03-01 | 0 days | 1,557 sqft |
2023-04-01 | 0 days | 1,649 sqft |
2023-05-01 | 0 days | 1,638 sqft |
2023-06-01 | 0 days | 1,837 sqft |
2023-07-01 | 0 days | 2,007 sqft |
2023-08-01 | 0 days | 2,035 sqft |
2023-09-01 | 0 days | 1,976 sqft |
2023-10-01 | 0 days | 1,823 sqft |
2023-11-01 | 0 days | 1,860 sqft |
2023-12-01 | 0 days | 1,936 sqft |
2024-01-01 | 0 days | 1,891 sqft |
2024-02-01 | 0 days | 1,763 sqft |
2024-03-01 | 0 days | 1,689 sqft |
2024-04-01 | 0 days | 1,669 sqft |
2024-05-01 | 0 days | 1,839 sqft |
2024-06-01 | 0 days | 1,680 sqft |
2024-07-01 | 0 days | 1,973 sqft |
2024-08-01 | 0 days | 2,035 sqft |
2024-09-01 | 0 days | 2,000 sqft |
2024-10-01 | 0 days | 2,008 sqft |
2024-11-01 | 0 days | 1,999 sqft |
Barre's median square footage for active listings during the 2024-11-01 period was 1,999 sqft. One year prior, the average listing was 1,860 sqft.
Barre, VT Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 505 | $157,055,000 | $311,000 |
Home Improvement | 238 | $17,700,000 | $74,370 |
Refi | 125 | $21,995,000 | $175,960 |
Other | 109 | $14,405,000 | $132,156 |
Cash Out Refi | 90 | $18,860,000 | $209,556 |
Barre's most frequently cited loan purpose was Home Purchase, with 505 originations. The 2nd most popular reason was Home Improvement, with 238 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 420 | $108,420,000 | $258,143 |
7-8% | 304 | $61,810,000 | $203,322 |
5-6% | 143 | $39,535,000 | $276,469 |
Over 8% | 125 | $12,095,000 | $96,760 |
4-5% | 26 | $2,240,000 | $86,154 |
<2.5% | 20 | $880,000 | $44,000 |
2.5-3% | 9 | $705,000 | $78,333 |
3-4% | 8 | $360,000 | $45,000 |
During 2023, Barre's most frequently originated rate bucket was 6-7%, with 420 originations.
Loan Sizing (Barre, VT MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 362 | $17,180,000 | $47,459 |
$200k-400k | 339 | $95,805,000 | $282,611 |
$100k-200k | 233 | $34,195,000 | $146,760 |
$400k-600k | 87 | $40,895,000 | $470,057 |
$600k-1000k | 33 | $24,225,000 | $734,091 |
$Over $1MM | 13 | $17,715,000 | $1,362,692 |
Barre's loan sizing saw the bucket of loans from $100,000 or less with 362 originations, totaling $17,180,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 269 | $87,285,000 | $324,480 |
Under 20% | 265 | $11,525,000 | $43,491 |
60-80% | 238 | $77,970,000 | $327,605 |
20-40% | 144 | $16,280,000 | $113,056 |
40-60% | 132 | $30,580,000 | $231,667 |
Over 100% | 6 | $2,030,000 | $338,333 |
Barre's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 269 originations, totaling $87,285,000 in origination value.