Rutland Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Rutland averaged 7.13% for the week of 2023-11-30, compared to the national average of 7.22% for the same period.

    The average rate for the prior week (2023-11-22) was 7.1% and one month ago for the week of 2023-10-26, the average rate was 7.7%.

    Rutland's average rate one year ago was 6.29%.

    For refis of the same type during the week of 2023-11-30, the average rate was 7.82%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-11-30 7.22%
    Rutland 30 Year Fixed Rate 2023-11-30 7.13%
    Rutland 30 Year Fixed Rate Refi 2023-11-30 7.82%
    Rutland 15 Year Fixed Rate 2023-11-30 6.56%
    Rutland 15 Year Fixed Rate Refi 2023-11-30 6.66%
    Rutland 30 Year FHA 2023-11-30 6.85%
    Rutland 30 Year FHA Refi 2023-11-30 6.85%
    Rutland 30 Year USDA 2023-11-30 7.1%
    Rutland 30 Year USDA Refi 2023-11-30 6.9%
    Rutland 30 Year VA 2023-11-30 6.77%
    Rutland 30 Year VA Refi 2023-11-30 6.57%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Rutland, VT.

    Rutland 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 Rutland, 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.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    QUICKEN LOANS, LLC 67 4.90% $6,836
    Mascoma Bank 51 4.74% $5,232
    VERMONT STATE EMPLOYEES 40 4.74% $4,788
    PRIMELENDING, A PLAINSCAPITAL COMPANY 28 5.22% $6,824
    NORTHEAST HOME LOAN, LLC 26 4.80% $4,548
    Community Bank 23 5.40% $712
    NEW ENGLAND FEDERAL CREDIT UNION 16 4.28% $4,187
    HOMEBRIDGE FINANCIAL SERVICES, INC. 15 4.69% $5,780
    Wells Fargo Bank 13 4.19% $4,824
    Bar Harbor Bank & Trust 13 5.13% $4,634
    Citizens Bank 12 4.08% $6,285
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 4.56% $4,959
    LOANDEPOT.COM, LLC 9 4.01% $7,170
    M&T Bank 8 4.44% $3,727
    AMERISAVE MORTGAGE CORPORATION 7 3.84% $9,296
    GUARANTEED RATE, INC. 7 5.91% $7,275
    JPMorgan Chase Bank 7 4.68% $7,326
    KeyBank 6 5.31% $4,888
    MOVEMENT MORTGAGE, LLC 6 5.59% $6,340
    TD Bank 6 4.18% $4,885
    Mr. Cooper ( Nationstar Mortgage ) 5 5.28% $8,368
    Vermont Federal Credit Union 5 5.43% $3,853
    FREEDOM MORTGAGE CORPORATION 5 4.30% $3,757
    HOME POINT FINANCIAL CORPORATION 5 5.73% $6,634
    NBT Bank 5 5.23% $4,404
    CMG MORTGAGE, INC. 4 5.44% $5,269
    Citibank 4 3.00% $6,764
    CALIBER HOME LOANS, INC. 4 5.21% $5,027
    PENNYMAC LOAN SERVICES, LLC 4 5.50% $4,960
    U.S. Bank 4 3.72% $4,737
    BETTER MORTGAGE CORPORATION 4 3.78% $5,393
    HOMESTEAD FUNDING CORP. 4 5.41% $2,870
    ACADEMY MORTGAGE CORPORATION 4 4.78% $6,627
    Advisors Mortgage Group, L.L.C. 4 4.72% $6,269
    GUILD MORTGAGE COMPANY 3 5.25% $4,467
    UNITED WHOLESALE MORTGAGE, LLC 3 5.84% $5,194
    Berkshire Bank 3 4.83% $4,055
    Northfield Savings Bank 3 3.42% $4,038
    Union Bank 3 4.83% $7,423
    PNC Bank 3 4.92% $4,433
    LAKEVIEW LOAN SERVICING, LLC 3 4.42% $6,760
    BROKER SOLUTIONS, INC. 3 3.38% $6,738
    NAVY FEDERAL CREDIT UNION 2 4.44% $2,358
    Bank of America 2 3.25% $6,428
    City National Bank 2 4.07% $4,404
    CROSSCOUNTRY MORTGAGE, LLC 2 5.56% $5,638
    Farm Credit East, ACA 2 5.60% $7,801
    Morgan Stanley Private Bank 2 4.73% $5,109
    NEWREZ LLC 2 4.38% $5,928
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 5.69% $7,226
    The Camden National Bank 2 3.49% $6,177
    Kearny Bank 1 3.25% $4,562
    HSBC BANK USA, NATIONAL ASSOCIATION 1 6.10% $4,957
    Academy Bank 1 5.63% $6,063
    NBKC BANK 1 6.13% $3,810
    HARBORONE MORTGAGE, LLC 1 3.88% $4,046
    Glens Falls National Bank and Trust Company 1 4.63% $4,925
    AMERICAN INTERNET MORTGAGE, INC. 1 5.75% $3,747
    North American Savings Bank, F.S.B. 1 7.88% $9,962
    Flagstar Bank, FSB 1 3.88% $6,338
    Firstrust Savings Bank 1 4.63% $4,506
    Northpointe Bank 1 6.25% $28,947
    Paramount Residential Mortgage Group, Inc. 1 6.88% $3,980
    First Republic Bank 1 4.85% $3,545
    PENTAGON FEDERAL CREDIT UNION 1 7.00% $2,149
    PHH Mortgage Corporation 1 3.38% $5,564
    PLAZA HOME MORTGAGE, INC. 1 4.88% $29,102
    FirstBank 1 2.88% $2,764
    Poli Mortgage Group, Inc. 1 6.25% $3,558
    Ally Bank 1 5.13% $3,140
    EVERETT FINANCIAL, INC. 1 7.00% $3,267
    EMM LOANS LLC 1 4.13% $12,207
    RELIANCE FIRST CAPITAL, LLC 1 4.38% $10,771
    Semper Home Loans, Inc. 1 4.63% $5,328
    Service Federal Credit Union 1 4.38% $5,686
    Stifel Bank and Trust 1 4.38% $4,158
    DIGITAL Federal Credit Union 1 5.88% $2,819
    WILLIAM RAVEIS MORTGAGE, LLC 1 6.50% $9,175
    Truist 1 5.63% $8,986
    Charles Schwab Bank, SSB 1 2.50% $3,107
    Carrington Mortgage Services, LLC 1 10.75% $10,405
    USAA Federal Savings Bank 1 5.75% $6,079
    BMO Harris Bank 1 4.25% $4,300
    Meridian Bank Corporation 1 5.63% $4,939
    Bethpage Federal Credit Union 1 4.88% $5,460
    MountainOne Bank 1 6.50% $4,529
    Kittredge Mortgage Corporation 1 6.63% $11,266

    Rutland Average Closing Costs & Other Stats

    Rutland, VT's 87 lenders originated 1,097 loans during 2022. The total origination value was $240,085,000, with an average loan value of $218,856.

    Rutland's average closing costs are $4,664.

    The top Rutland lender as defined by loan originations is QUICKEN LOANS, LLC, with 67 loans originated. Their average total fees are $6,836, which is $1,604 higher than the next largest lender, Mascoma Bank.

    The lowest fee Rutland lenders (with over 10 loans originated) are Community Bank ($712), NEW ENGLAND FEDERAL CREDIT UNION ($4,187), NORTHEAST HOME LOAN, LLC ($4,548), Bar Harbor Bank & Trust ($4,634) and VERMONT STATE EMPLOYEES ($4,788).

    The lowest rate Rutland lenders (with over 10 loans originated) are Citizens Bank (4.08%), Wells Fargo Bank (4.19%), NEW ENGLAND FEDERAL CREDIT UNION (4.28%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (4.56%) and HOMEBRIDGE FINANCIAL SERVICES, INC. (4.69%).

    Rutland, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    QUICKEN LOANS, LLC $52,095,000 $26,125,000 -49.9% 10.9%
    Mascoma Bank $28,670,000 $23,040,000 -19.6% 9.6%
    Citizens Bank $13,820,000 $13,805,000 -0.1% 5.8%
    VERMONT STATE EMPLOYEES $13,735,000 $10,725,000 -21.9% 4.5%
    Community Bank $7,125,000 $9,925,000 39.3% 4.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $14,270,000 $9,520,000 -33.3% 4.0%
    Bar Harbor Bank & Trust $8,700,000 $9,510,000 9.3% 4.0%
    NORTHEAST HOME LOAN, LLC $14,505,000 $8,285,000 -42.9% 3.5%
    NEW ENGLAND FEDERAL CREDIT UNION $3,810,000 $7,485,000 96.5% 3.1%
    Mortgage Research Center, LLC $6,775,000 $5,730,000 -15.4% 2.4%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $12,270,000 $4,965,000 -59.5% 2.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,660,000 $4,370,000 -6.2% 1.8%
    TD Bank $11,475,000 $4,215,000 -63.3% 1.8%
    LOANDEPOT.COM, LLC $7,370,000 $4,030,000 -45.3% 1.7%
    Wells Fargo Bank $7,645,000 $3,925,000 -48.7% 1.6%
    M&T Bank $505,000 $3,770,000 646.5% 1.6%
    JPMorgan Chase Bank $5,400,000 $3,045,000 -43.6% 1.3%
    KeyBank $2,905,000 $2,960,000 1.9% 1.2%
    Citibank $310,000 $2,850,000 819.4% 1.2%
    HOME POINT FINANCIAL CORPORATION $475,000 $2,610,000 449.5% 1.1%
    The National Bank of Middlebury $2,795,000 $2,565,000 -8.2% 1.1%
    GUARANTEED RATE, INC. $3,985,000 $2,455,000 -38.4% 1.0%
    Vermont Federal Credit Union $3,585,000 $2,425,000 -32.4% 1.0%
    MOVEMENT MORTGAGE, LLC $2,020,000 $2,345,000 16.1% 1.0%
    Mr. Cooper ( Nationstar Mortgage ) $2,430,000 $2,310,000 -4.9% 1.0%
    Glens Falls National Bank and Trust Company $2,285,000 n/a 1.0%
    Union Bank $690,000 $2,195,000 218.1% 0.9%
    FREEDOM MORTGAGE CORPORATION $7,475,000 $2,085,000 -72.1% 0.9%
    Bank of America $2,770,000 $2,070,000 -25.3% 0.9%
    AMERISAVE MORTGAGE CORPORATION $6,530,000 $2,015,000 -69.1% 0.8%
    NAVY FEDERAL CREDIT UNION $1,055,000 $2,010,000 90.5% 0.8%
    HOMESTEAD FUNDING CORP. $1,205,000 $1,850,000 53.5% 0.8%
    NBT Bank $5,500,000 $1,775,000 -67.7% 0.7%
    U.S. Bank $2,700,000 $1,760,000 -34.8% 0.7%
    Farm Credit East, ACA $525,000 $1,750,000 233.3% 0.7%
    PNC Bank $335,000 $1,750,000 422.4% 0.7%
    ACADEMY MORTGAGE CORPORATION $5,885,000 $1,665,000 -71.7% 0.7%
    Advisors Mortgage Group, L.L.C. $1,735,000 $1,625,000 -6.3% 0.7%
    PENNYMAC LOAN SERVICES, LLC $5,610,000 $1,540,000 -72.5% 0.6%
    CMG MORTGAGE, INC. $1,305,000 $1,475,000 13.0% 0.6%
    Berkshire Bank $2,585,000 $1,440,000 -44.3% 0.6%
    UNITED WHOLESALE MORTGAGE, LLC $880,000 $1,315,000 49.4% 0.5%
    USAA Federal Savings Bank $2,060,000 $1,315,000 -36.2% 0.5%
    BROKER SOLUTIONS, INC. $1,675,000 $1,310,000 -21.8% 0.5%
    Leader Bank $2,490,000 $1,310,000 -47.4% 0.5%
    Northfield Savings Bank $745,000 $1,080,000 45.0% 0.4%
    The Camden National Bank $1,050,000 n/a 0.4%
    LAKEVIEW LOAN SERVICING, LLC $2,210,000 $1,030,000 -53.4% 0.4%
    BMO Harris Bank $655,000 $1,005,000 53.4% 0.4%
    Morgan Stanley Private Bank $3,760,000 $950,000 -74.7% 0.4%
    PLAZA HOME MORTGAGE, INC. $825,000 n/a 0.3%
    NORTH COUNTRY $630,000 $805,000 27.8% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $3,270,000 $795,000 -75.7% 0.3%
    BETTER MORTGAGE CORPORATION $1,865,000 $790,000 -57.6% 0.3%
    NEWREZ LLC $1,610,000 $750,000 -53.4% 0.3%
    CALIBER HOME LOANS, INC. $2,105,000 $730,000 -65.3% 0.3%
    GUILD MORTGAGE COMPANY $145,000 $725,000 400.0% 0.3%
    Northpointe Bank $245,000 $685,000 179.6% 0.3%
    Armed Forces Bank $675,000 n/a 0.3%
    PENTAGON FEDERAL CREDIT UNION $1,170,000 $675,000 -42.3% 0.3%
    Kittredge Mortgage Corporation $670,000 n/a 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $805,000 $670,000 -16.8% 0.3%
    Paramount Residential Mortgage Group, Inc. $235,000 $640,000 172.3% 0.3%
    EMM LOANS LLC $830,000 $585,000 -29.5% 0.2%
    People's United Bank $7,450,000 $585,000 -92.1% 0.2%
    City National Bank $580,000 n/a 0.2%
    Firstrust Savings Bank $575,000 n/a 0.2%
    CRESCENT MORTGAGE COMPANY $370,000 $550,000 48.6% 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,055,000 $550,000 -47.9% 0.2%
    WEBSTER FIRST Federal Credit Union $495,000 n/a 0.2%
    Home Loan Investment Bank, F.S.B. $45,000 $485,000 977.8% 0.2%
    Century Mortgage Company DBA Century Lending Company $480,000 n/a 0.2%
    Bank of New Hampshire $465,000 n/a 0.2%
    North American Savings Bank, F.S.B. $375,000 $455,000 21.3% 0.2%
    DRAPER AND KRAMER MORTGAGE CORP. $1,770,000 $435,000 -75.4% 0.2%
    21ST MORTGAGE CORPORATION $445,000 $415,000 -6.7% 0.2%
    EVERETT FINANCIAL, INC. $260,000 $410,000 57.7% 0.2%
    Truist $215,000 $395,000 83.7% 0.2%
    The Federal Savings Bank $370,000 $390,000 5.4% 0.2%
    Academy Bank $375,000 n/a 0.2%
    East Cambridge Savings Bank $365,000 n/a 0.2%
    Semper Home Loans, Inc. $365,000 n/a 0.2%
    Unity Bank $365,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $115,000 $360,000 213.0% 0.1%
    TOTAL MORTGAGE SERVICES, LLC $205,000 $355,000 73.2% 0.1%
    Charles Schwab Bank, SSB $345,000 n/a 0.1%
    TEACHERS $345,000 n/a 0.1%
    PHH Mortgage Corporation $330,000 n/a 0.1%
    Carrington Mortgage Services, LLC $425,000 $310,000 -27.1% 0.1%
    HSBC BANK USA, NATIONAL ASSOCIATION $1,090,000 $305,000 -72.0% 0.1%
    Kearny Bank $305,000 n/a 0.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $585,000 $280,000 -52.1% 0.1%
    Bethpage Federal Credit Union $335,000 $275,000 -17.9% 0.1%
    AMERICAN INTERNET MORTGAGE, INC. $165,000 $255,000 54.5% 0.1%
    Evolve Bank & Trust $245,000 n/a 0.1%
    NBKC BANK $245,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $350,000 $245,000 -30.0% 0.1%
    Stifel Bank and Trust $1,085,000 $245,000 -77.4% 0.1%
    Poli Mortgage Group, Inc. $235,000 n/a 0.1%
    FirstBank $370,000 $225,000 -39.2% 0.1%
    HARBORONE MORTGAGE, LLC $990,000 $225,000 -77.3% 0.1%
    DIGITAL Federal Credit Union $165,000 $215,000 30.3% 0.1%
    MASSMUTUAL $205,000 n/a 0.1%
    Meridian Bank Corporation $465,000 $205,000 -55.9% 0.1%
    SOFI LENDING CORP. $895,000 $205,000 -77.1% 0.1%
    MountainOne Bank $185,000 n/a 0.1%
    WILLIAM RAVEIS MORTGAGE, LLC $185,000 n/a 0.1%
    WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $185,000 n/a 0.1%
    QUORUM FEDERAL CREDIT UNION $175,000 n/a 0.1%
    Service Federal Credit Union $175,000 n/a 0.1%
    Waterstone Mortgage Corporation $175,000 n/a 0.1%
    RADIUS FINANCIAL GROUP INC. $155,000 n/a 0.1%
    First Republic Bank $145,000 n/a 0.1%
    Flagstar Bank, FSB $850,000 $145,000 -82.9% 0.1%
    Kleberg Bank, N.A $145,000 n/a 0.1%
    First Guaranty Mortgage Corporation $430,000 $135,000 -68.6% 0.1%
    Ally Bank $125,000 n/a 0.1%
    MEMBERS ADVANTAGE COMMUNITY CREDIT UNION $365,000 $105,000 -71.2% 0.0%
    USAlliance Federal Credit Union $105,000 n/a 0.0%
    Figure Lending LLC $90,000 n/a 0.0%
    SUN WEST MORTGAGE COMPANY, INC. $265,000 $85,000 -67.9% 0.0%
    GEORGIA'S OWN $55,000 n/a 0.0%
    UTILITIES EMPLOYEES CREDIT UNION $55,000 n/a 0.0%

    Rutland's top lender by overall market share is QUICKEN LOANS, LLC, with 10.9% market share. In second place, with 9.6%, is Mascoma Bank, having originated $23,040,000 in loans. In third place, with 5.8%, is Citizens Bank, having originated $13,805,000 in loans. In fourth place, with 4.5%, is VERMONT STATE EMPLOYEES, having originated $10,725,000 in loans. In fifth place, with 4.1%, is Community Bank, having originated $9,925,000 in loans.

    Rutland Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Rutland (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $199,900 (5.3%) $305,728 (6.6%) 0.00 551
    2018-02-01 $199,900 (2.1%) $300,652 (4.1%) 0.00 535
    2018-03-01 $200,000 (2.9%) $305,341 (6.1%) 0.00 521
    2018-04-01 $201,475 (2.8%) $304,414 (5.5%) 0.00 534
    2018-05-01 $203,500 (4.4%) $298,716 (1.4%) 0.00 555
    2018-06-01 $199,000 (0.0%) $289,177 (-3.5%) 0.00 608
    2018-07-01 $214,975 (7.5%) $299,200 (-1.7%) 0.00 641
    2018-08-01 $224,975 (13.1%) $304,952 (2.5%) 0.00 656
    2018-09-01 $229,000 (14.6%) $303,646 (-0.9%) 0.00 637
    2018-10-01 $229,000 (6.5%) $309,873 (-1.5%) 0.00 622
    2018-11-01 $229,125 (14.6%) $315,100 (2.8%) 0.00 590
    2018-12-01 $230,000 (15.3%) $336,585 (12.1%) 0.00 545
    2019-01-01 $230,975 (15.6%) $346,453 (13.3%) 0.00 506
    2019-02-01 $238,125 (19.1%) $347,407 (15.6%) 0.00 507
    2019-03-01 $238,857 (19.4%) $344,632 (12.9%) 0.00 509
    2019-04-01 $238,607 (18.4%) $338,980 (11.4%) 0.00 515
    2019-05-01 $235,000 (15.5%) $333,286 (11.6%) 0.00 541
    2019-06-01 $235,000 (18.1%) $329,972 (14.1%) 0.00 588
    2019-07-01 $235,000 (9.3%) $338,360 (13.1%) 0.00 597
    2019-08-01 $235,000 (4.5%) $341,326 (11.9%) 0.00 592
    2019-09-01 $235,000 (2.6%) $341,324 (12.4%) 0.00 589
    2019-10-01 $237,000 (3.5%) $347,872 (12.3%) 0.00 576
    2019-11-01 $244,000 (6.5%) $364,441 (15.7%) 0.00 509
    2019-12-01 $238,000 (3.5%) $364,848 (8.4%) 0.00 470
    2020-01-01 $228,500 (-1.1%) $365,146 (5.4%) 0.00 436
    2020-02-01 $239,000 (0.4%) $368,760 (6.2%) 0.00 409
    2020-03-01 $239,000 (0.1%) $368,108 (6.8%) 0.00 399
    2020-04-01 $245,500 (2.9%) $373,576 (10.2%) 0.00 361
    2020-05-01 $249,000 (6.0%) $380,692 (14.2%) 0.00 356
    2020-06-01 $259,000 (10.2%) $388,577 (17.8%) 0.00 353
    2020-07-01 $257,125 (9.4%) $385,011 (13.8%) 0.00 337
    2020-08-01 $250,000 (6.4%) $393,551 (15.3%) 0.00 329
    2020-09-01 $245,000 (4.3%) $399,276 (17.0%) 0.00 302
    2020-10-01 $249,000 (5.1%) $408,077 (17.3%) 0.00 305
    2020-11-01 $259,900 (6.5%) $416,072 (14.2%) 0.00 262
    2020-12-01 $249,000 (4.6%) $434,150 (19.0%) 0.00 237
    2021-01-01 $259,900 (13.7%) $470,630 (28.9%) 0.00 199
    2021-02-01 $279,250 (16.8%) $477,333 (29.4%) 0.00 161
    2021-03-01 $288,325 (20.6%) $477,605 (29.8%) 0.00 144
    2021-04-01 $290,625 (18.4%) $512,153 (37.1%) 0.00 144
    2021-05-01 $299,900 (20.4%) $527,693 (38.6%) 0.00 156
    2021-06-01 $299,225 (15.5%) $519,176 (33.6%) 0.00 168
    2021-07-01 $299,900 (16.6%) $528,403 (37.2%) 0.00 176
    2021-08-01 $324,750 (29.9%) $560,765 (42.5%) 0.00 170
    2021-09-01 $371,000 (51.4%) $568,141 (42.3%) 0.00 170
    2021-10-01 $374,000 (50.2%) $572,742 (40.4%) 0.00 147
    2021-11-01 $448,000 (72.4%) $601,144 (44.5%) 0.00 128
    2021-12-01 $404,250 (62.4%) $640,713 (47.6%) 0.00 123
    2022-01-01 $365,000 (40.4%) $621,406 (32.0%) 0.00 109
    2022-02-01 $327,500 (17.3%) $599,213 (25.5%) 0.00 106
    2022-03-01 $326,000 (13.1%) $577,566 (20.9%) 0.00 116
    2022-04-01 $335,000 (15.3%) $572,050 (11.7%) 0.00 137
    2022-05-01 $337,250 (12.5%) $578,658 (9.7%) 0.00 152
    2022-06-01 $342,250 (14.4%) $568,072 (9.4%) 0.00 172
    2022-07-01 $350,000 (16.7%) $567,089 (7.3%) 0.00 198
    2022-08-01 $354,950 (9.3%) $566,367 (1.0%) 0.00 170
    2022-09-01 $362,425 (-2.3%) $551,501 (-2.9%) 0.00 166
    2022-10-01 $319,000 (-14.7%) $538,926 (-5.9%) 0.00 164
    2022-11-01 $309,950 (-30.8%) $581,025 (-3.4%) 0.00 156
    2022-12-01 $299,000 (-26.0%) $427,740 (-33.2%) 0.00 125
    2023-01-01 $274,925 (-24.7%) $414,967 (-33.2%) 0.00 113
    2023-02-01 $260,350 (-20.5%) $429,358 (-28.4%) 0.00 113
    2023-03-01 $275,000 (-15.6%) $429,225 (-25.7%) 0.00 107
    2023-04-01 $275,000 (-17.9%) $428,266 (-25.1%) 0.00 99
    2023-05-01 $280,000 (-17.0%) $419,751 (-27.5%) 0.00 96
    2023-06-01 $336,375 (-1.7%) $458,483 (-19.3%) 0.00 106
    2023-07-01 $389,000 (11.1%) $481,212 (-15.1%) 0.00 106
    2023-08-01 $393,725 (10.9%) $503,014 (-11.2%) 0.00 113
    2023-09-01 $400,000 (10.4%) $567,781 (3.0%) 0.00 133
    2023-10-01 $412,475 (29.3%) $549,421 (2.0%) 0.00 132
    2023-11-01 $396,000 (27.8%) $554,050 (-4.6%) 0.00 124
    Rutland's median listing price for 2023-11-01 was $396,000, a difference of $86,050 (27.8%) versus the prior year and $-16,475 versus the prior month.

    Rutland's median listing price comes in at 0% of the national average.

    Rutland's average listing price for 2023-11-01 was $554,050, a difference of $-26,975 (-4.6%) versus the prior year and $4,629 versus the prior month.

    For the 2023-11-01 period, Rutland had 124 MLS listings, a difference of -8 listings (-6%) versus the prior month and -32 listings (-21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Rutland (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,880 sqft
    2018-02-01 0 days 1,858 sqft
    2018-03-01 0 days 1,867 sqft
    2018-04-01 0 days 1,878 sqft
    2018-05-01 0 days 1,882 sqft
    2018-06-01 0 days 1,879 sqft
    2018-07-01 0 days 1,933 sqft
    2018-08-01 0 days 1,983 sqft
    2018-09-01 0 days 2,000 sqft
    2018-10-01 0 days 1,998 sqft
    2018-11-01 0 days 1,992 sqft
    2018-12-01 0 days 2,000 sqft
    2019-01-01 0 days 2,039 sqft
    2019-02-01 0 days 2,004 sqft
    2019-03-01 0 days 1,994 sqft
    2019-04-01 0 days 1,979 sqft
    2019-05-01 0 days 1,978 sqft
    2019-06-01 0 days 1,923 sqft
    2019-07-01 0 days 1,914 sqft
    2019-08-01 0 days 1,919 sqft
    2019-09-01 0 days 1,918 sqft
    2019-10-01 0 days 1,925 sqft
    2019-11-01 0 days 1,965 sqft
    2019-12-01 0 days 1,948 sqft
    2020-01-01 0 days 1,898 sqft
    2020-02-01 0 days 1,944 sqft
    2020-03-01 0 days 1,946 sqft
    2020-04-01 0 days 1,950 sqft
    2020-05-01 0 days 1,929 sqft
    2020-06-01 0 days 2,037 sqft
    2020-07-01 0 days 2,145 sqft
    2020-08-01 0 days 2,144 sqft
    2020-09-01 0 days 1,959 sqft
    2020-10-01 0 days 1,969 sqft
    2020-11-01 0 days 2,073 sqft
    2020-12-01 0 days 2,106 sqft
    2021-01-01 0 days 2,194 sqft
    2021-02-01 0 days 2,146 sqft
    2021-03-01 0 days 2,198 sqft
    2021-04-01 0 days 2,167 sqft
    2021-05-01 0 days 2,066 sqft
    2021-06-01 0 days 1,875 sqft
    2021-07-01 0 days 1,805 sqft
    2021-08-01 0 days 2,002 sqft
    2021-09-01 0 days 2,086 sqft
    2021-10-01 0 days 2,194 sqft
    2021-11-01 0 days 2,194 sqft
    2021-12-01 0 days 2,194 sqft
    2022-01-01 0 days 2,194 sqft
    2022-02-01 0 days 2,030 sqft
    2022-03-01 0 days 1,912 sqft
    2022-04-01 0 days 1,824 sqft
    2022-05-01 0 days 1,817 sqft
    2022-06-01 0 days 1,915 sqft
    2022-07-01 0 days 1,920 sqft
    2022-08-01 0 days 1,958 sqft
    2022-09-01 0 days 2,004 sqft
    2022-10-01 0 days 1,916 sqft
    2022-11-01 0 days 1,994 sqft
    2022-12-01 0 days 1,930 sqft
    2023-01-01 0 days 1,809 sqft
    2023-02-01 0 days 1,610 sqft
    2023-03-01 0 days 1,760 sqft
    2023-04-01 0 days 1,872 sqft
    2023-05-01 0 days 1,632 sqft
    2023-06-01 0 days 1,768 sqft
    2023-07-01 0 days 1,800 sqft
    2023-08-01 0 days 1,790 sqft
    2023-09-01 0 days 1,811 sqft
    2023-10-01 0 days 1,972 sqft
    2023-11-01 0 days 1,881 sqft
    Rutland's median listing age (time on market) for 2023-11-01 was 0 days.

    Rutland's median square footage for active listings during the 2023-11-01 period was 1,881 sqft. One year prior, the average listing was 1,994 sqft.

    Rutland, VT Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 542 $145,390,000 $268,247
    Cash Out Refi 212 $41,530,000 $195,896
    Refi 163 $28,475,000 $174,693
    Home Improvement 113 $10,875,000 $96,239
    Other 67 $13,815,000 $206,194

    Rutland's most frequently cited loan purpose was Home Purchase, with 542 originations. The 2nd most popular reason was Cash Out Refi, with 212 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 275 $65,475,000 $238,091
    5-6% 253 $57,405,000 $226,897
    4-5% 242 $56,420,000 $233,140
    6-7% 115 $21,905,000 $190,478
    2.5-3% 79 $19,675,000 $249,051
    <2.5% 60 $8,020,000 $133,667
    7-8% 34 $6,730,000 $197,941
    Over 8% 16 $860,000 $53,750

    During 2022, Rutland's most frequently originated rate bucket was 3-4%, with 275 originations.

    Loan Sizing (Rutland, VT MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 430 $64,380,000 $149,721
    $200k-400k 360 $97,350,000 $270,417
    $100,000 or less 194 $10,800,000 $55,670
    $400k-600k 72 $34,490,000 $479,028
    $600k-1000k 36 $26,400,000 $733,333
    $Over $1MM 5 $6,665,000 $1,333,000

    Rutland's loan sizing saw the bucket of loans from $100k-200k with 430 originations, totaling $64,380,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 365 $100,095,000 $274,233
    60-80% 332 $81,950,000 $246,837
    40-60% 148 $29,690,000 $200,608
    20-40% 135 $16,985,000 $125,815
    Under 20% 80 $3,790,000 $47,375
    Over 100% 10 $3,260,000 $326,000

    Rutland's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 365 originations, totaling $100,095,000 in origination value.