Rutland Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Rutland averaged
6.36%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.26% and
one month ago for the week of 2024-09-05, the
average rate was 6.39%.
Rutland's average rate one year ago was 7.53%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.82%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Rutland 30 Year Fixed Rate | 2024-10-10 | 6.36% |
Rutland 30 Year Fixed Rate Refi | 2024-10-10 | 6.82% |
Rutland 15 Year Fixed Rate | 2024-10-10 | 5.41% |
Rutland 15 Year Fixed Rate Refi | 2024-10-10 | 5.31% |
Rutland 30 Year FHA | 2024-10-10 | 5.9% |
Rutland 30 Year FHA Refi | 2024-10-10 | 6% |
Rutland 30 Year USDA | 2024-10-10 | 6.18% |
Rutland 30 Year USDA Refi | 2024-10-10 | 6.18% |
Rutland 30 Year VA | 2024-10-10 | 6.05% |
Rutland 30 Year VA Refi | 2024-10-10 | 5.75% |
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.).
Rutland Average Closing Costs & Other Stats
Rutland, VT's 66 lenders originated 784
loans during 2023. The total origination value was $152,940,000, with an average loan value of
$195,077.
Rutland's average closing costs are $4,879.
The top Rutland lender as defined by loan originations is Community Bank, with
45 loans originated. Their average total fees are
$335, which is $7,157
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Rutland lenders (with over 10 loans originated) are
Community Bank ($335), NEW ENGLAND FEDERAL CREDIT UNION ($3,525), Mascoma Bank ($5,416), NORTHEAST HOME LOAN, LLC ($5,489) and QUICKEN LOANS, LLC ($7,492).
The lowest rate Rutland lenders (with over 10 loans originated) are
NEW ENGLAND FEDERAL CREDIT UNION (6.41%), Community Bank (6.68%), QUICKEN LOANS, LLC (6.69%), Mascoma Bank (6.80%) and PRIMELENDING, A PLAINSCAPITAL COMPANY (6.81%).
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
QUICKEN LOANS, LLC | $26,125,000 | $16,890,000 | -35.3% | 11.0% |
Community Bank | $9,925,000 | $14,415,000 | 45.2% | 9.4% |
NEW ENGLAND FEDERAL CREDIT UNION | $7,485,000 | $11,515,000 | 53.8% | 7.5% |
Mascoma Bank | $23,040,000 | $9,600,000 | -58.3% | 6.3% |
Citizens Bank | $13,805,000 | $7,965,000 | -42.3% | 5.2% |
ACADEMY MORTGAGE CORPORATION | $1,665,000 | $6,685,000 | 301.5% | 4.4% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $9,520,000 | $5,150,000 | -45.9% | 3.4% |
Mortgage Research Center, LLC | $5,730,000 | $4,995,000 | -12.8% | 3.3% |
NORTHEAST HOME LOAN, LLC | $8,285,000 | $4,445,000 | -46.3% | 2.9% |
M&T Bank | $3,770,000 | $3,810,000 | 1.1% | 2.5% |
TD Bank | $4,215,000 | $3,740,000 | -11.3% | 2.4% |
JPMorgan Chase Bank | $3,045,000 | $3,210,000 | 5.4% | 2.1% |
Bar Harbor Bank & Trust | $9,510,000 | $3,020,000 | -68.2% | 2.0% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,370,000 | $3,020,000 | -30.9% | 2.0% |
Bank of America | $2,070,000 | $2,690,000 | 30.0% | 1.8% |
The National Bank of Middlebury | $2,565,000 | $2,585,000 | 0.8% | 1.7% |
American Mortgage & Equity Consultants, Inc. | $2,215,000 | n/a | 1.4% | |
EMM LOANS LLC | $585,000 | $2,015,000 | 244.4% | 1.3% |
Vermont Federal Credit Union | $2,425,000 | $1,845,000 | -23.9% | 1.2% |
Union Bank | $2,195,000 | $1,835,000 | -16.4% | 1.2% |
Wells Fargo Bank | $3,925,000 | $1,685,000 | -57.1% | 1.1% |
Berkshire Bank | $1,440,000 | $1,395,000 | -3.1% | 0.9% |
USAA Federal Savings Bank | $1,315,000 | $1,335,000 | 1.5% | 0.9% |
UNITED WHOLESALE MORTGAGE, LLC | $1,315,000 | $1,205,000 | -8.4% | 0.8% |
CMG MORTGAGE, INC. | $1,475,000 | $1,125,000 | -23.7% | 0.7% |
PNC Bank | $1,750,000 | $1,050,000 | -40.0% | 0.7% |
LOANDEPOT.COM, LLC | $4,030,000 | $1,025,000 | -74.6% | 0.7% |
U.S. Bank | $1,760,000 | $995,000 | -43.5% | 0.7% |
Leader Bank | $1,310,000 | $975,000 | -25.6% | 0.6% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $4,965,000 | $960,000 | -80.7% | 0.6% |
The Huntington National Bank | $955,000 | n/a | 0.6% | |
BROKER SOLUTIONS, INC. | $1,310,000 | $950,000 | -27.5% | 0.6% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $895,000 | n/a | 0.6% | |
GUARANTEED RATE, INC. | $2,455,000 | $835,000 | -66.0% | 0.5% |
Northfield Savings Bank | $1,080,000 | $825,000 | -23.6% | 0.5% |
GUILD MORTGAGE COMPANY | $725,000 | $815,000 | 12.4% | 0.5% |
Citibank | $2,850,000 | $805,000 | -71.8% | 0.5% |
LIBERTY HOME MORTGAGE CORPORATION | $805,000 | n/a | 0.5% | |
FREEDOM MORTGAGE CORPORATION | $2,085,000 | $790,000 | -62.1% | 0.5% |
RELIANCE FIRST CAPITAL, LLC | $245,000 | $785,000 | 220.4% | 0.5% |
Kittredge Mortgage Corporation | $670,000 | $760,000 | 13.4% | 0.5% |
CALIBER HOME LOANS, INC. | $730,000 | $735,000 | 0.7% | 0.5% |
MUTUAL OF OMAHA MORTGAGE, INC. | $670,000 | $720,000 | 7.5% | 0.5% |
PENNYMAC LOAN SERVICES, LLC | $1,540,000 | $715,000 | -53.6% | 0.5% |
HANSCOM | $700,000 | n/a | 0.5% | |
Community National Bank | $640,000 | n/a | 0.4% | |
KeyBank | $2,960,000 | $640,000 | -78.4% | 0.4% |
CALCON MUTUAL MORTGAGE LLC | $625,000 | n/a | 0.4% | |
BETTER MORTGAGE CORPORATION | $790,000 | $620,000 | -21.5% | 0.4% |
Advisors Mortgage Group, L.L.C. | $1,625,000 | $585,000 | -64.0% | 0.4% |
MOVEMENT MORTGAGE, LLC | $2,345,000 | $565,000 | -75.9% | 0.4% |
TRIAD FINANCIAL SERVICES, INC. | $555,000 | n/a | 0.4% | |
Mr. Cooper ( Nationstar Mortgage ) | $2,310,000 | $535,000 | -76.8% | 0.3% |
Barrington Bank & Trust Company, N.A. | $360,000 | $510,000 | 41.7% | 0.3% |
NBT Bank | $1,775,000 | $490,000 | -72.4% | 0.3% |
Northpointe Bank | $685,000 | $440,000 | -35.8% | 0.3% |
21ST MORTGAGE CORPORATION | $415,000 | $405,000 | -2.4% | 0.3% |
Farmers Bank & Trust | $405,000 | n/a | 0.3% | |
AMERISAVE MORTGAGE CORPORATION | $2,015,000 | $375,000 | -81.4% | 0.2% |
ABSOLUTE HOME MORTGAGE CORPORATION | $365,000 | n/a | 0.2% | |
EVERETT FINANCIAL, INC. | $410,000 | $360,000 | -12.2% | 0.2% |
ALLIANT CREDIT UNION | $355,000 | n/a | 0.2% | |
TrustCo Bank | $355,000 | n/a | 0.2% | |
NAVY FEDERAL CREDIT UNION | $2,010,000 | $350,000 | -82.6% | 0.2% |
PHH Mortgage Corporation | $330,000 | $350,000 | 6.1% | 0.2% |
Heritage Bank | $335,000 | n/a | 0.2% | |
Flagstar Bank, FSB | $145,000 | $330,000 | 127.6% | 0.2% |
Equity Prime Mortgage LLC | $325,000 | n/a | 0.2% | |
Peoples Trust Company of St. Albans | $325,000 | n/a | 0.2% | |
LONGBRIDGE FINANCIAL, LLC | $310,000 | n/a | 0.2% | |
TOTAL MORTGAGE SERVICES, LLC | $355,000 | $305,000 | -14.1% | 0.2% |
The Central Trust Bank | $295,000 | n/a | 0.2% | |
CROSSCOUNTRY MORTGAGE, LLC | $795,000 | $290,000 | -63.5% | 0.2% |
Ally Bank | $125,000 | $285,000 | 128.0% | 0.2% |
GUARANTEED RATE AFFINITY, LLC | $285,000 | n/a | 0.2% | |
Farm Credit East, ACA | $1,750,000 | $275,000 | -84.3% | 0.2% |
Merrimack County Savings Bank | $270,000 | n/a | 0.2% | |
Charles Schwab Bank, SSB | $345,000 | $265,000 | -23.2% | 0.2% |
First Republic Bank | $145,000 | $265,000 | 82.8% | 0.2% |
HSBC BANK USA, NATIONAL ASSOCIATION | $305,000 | $255,000 | -16.4% | 0.2% |
MEMBERS ADVANTAGE COMMUNITY CREDIT UNION | $105,000 | $235,000 | 123.8% | 0.2% |
NORTH COUNTRY | $805,000 | $230,000 | -71.4% | 0.2% |
CARDINAL FINANCIAL | $280,000 | $225,000 | -19.6% | 0.1% |
Discover Bank | $225,000 | n/a | 0.1% | |
Service Federal Credit Union | $175,000 | $205,000 | 17.1% | 0.1% |
ENVOY MORTGAGE, LTD | $175,000 | n/a | 0.1% | |
Waterstone Mortgage Corporation | $175,000 | $175,000 | 0.0% | 0.1% |
Webster Bank | $175,000 | n/a | 0.1% | |
The Camden National Bank | $1,050,000 | $155,000 | -85.2% | 0.1% |
First Savings Bank | $145,000 | n/a | 0.1% | |
SPRING EQ, LLC | $145,000 | n/a | 0.1% | |
Figure Lending LLC | $90,000 | $135,000 | 50.0% | 0.1% |
FINANCE OF AMERICA REVERSE LLC | $105,000 | n/a | 0.1% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $550,000 | $95,000 | -82.7% | 0.1% |
MASSMUTUAL | $205,000 | $85,000 | -58.5% | 0.1% |
DRAPER AND KRAMER MORTGAGE CORP. | $435,000 | $75,000 | -82.8% | 0.0% |
ONE Credit Union | $60,000 | n/a | 0.0% | |
Carrington Mortgage Services, LLC | $310,000 | $45,000 | -85.5% | 0.0% |
UTILITIES EMPLOYEES CREDIT UNION | $55,000 | $25,000 | -54.5% | 0.0% |
Rutland's top lender by overall market share is QUICKEN LOANS, LLC, with 11.0% market share. In second place, with 9.4%, is Community Bank, having originated $14,415,000 in loans. In third place, with 7.5%, is NEW ENGLAND FEDERAL CREDIT UNION, having originated $11,515,000 in loans. In fourth place, with 6.3%, is Mascoma Bank, having originated $9,600,000 in loans. In fifth place, with 5.2%, is Citizens Bank, having originated $7,965,000 in loans.
Rutland Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Rutland (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 | $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 (14.7%) | $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%) | $329,697 (14.0%) | 0.00 | 587 |
2019-07-01 | $235,000 (9.3%) | $338,106 (13.0%) | 0.00 | 596 |
2019-08-01 | $235,000 (4.5%) | $341,258 (11.9%) | 0.00 | 592 |
2019-09-01 | $235,000 (2.6%) | $341,154 (12.4%) | 0.00 | 588 |
2019-10-01 | $237,000 (3.5%) | $347,638 (12.2%) | 0.00 | 575 |
2019-11-01 | $242,000 (5.6%) | $364,196 (15.6%) | 0.00 | 508 |
2019-12-01 | $236,000 (2.6%) | $364,589 (8.3%) | 0.00 | 469 |
2020-01-01 | $226,750 (-1.8%) | $364,903 (5.3%) | 0.00 | 435 |
2020-02-01 | $239,000 (0.4%) | $368,502 (6.1%) | 0.00 | 408 |
2020-03-01 | $239,000 (0.1%) | $367,848 (6.7%) | 0.00 | 398 |
2020-04-01 | $244,000 (2.3%) | $373,308 (10.1%) | 0.00 | 360 |
2020-05-01 | $249,000 (6.0%) | $380,441 (14.2%) | 0.00 | 355 |
2020-06-01 | $255,625 (8.8%) | $388,593 (17.9%) | 0.00 | 351 |
2020-07-01 | $255,125 (8.6%) | $384,890 (13.8%) | 0.00 | 336 |
2020-08-01 | $249,999 (6.4%) | $393,330 (15.3%) | 0.00 | 328 |
2020-09-01 | $245,000 (4.3%) | $399,173 (17.0%) | 0.00 | 302 |
2020-10-01 | $249,000 (5.1%) | $408,077 (17.4%) | 0.00 | 305 |
2020-11-01 | $259,900 (7.4%) | $416,072 (14.2%) | 0.00 | 262 |
2020-12-01 | $249,000 (5.5%) | $434,150 (19.1%) | 0.00 | 237 |
2021-01-01 | $259,900 (14.6%) | $470,630 (29.0%) | 0.00 | 199 |
2021-02-01 | $279,250 (16.8%) | $477,333 (29.5%) | 0.00 | 161 |
2021-03-01 | $288,325 (20.6%) | $477,605 (29.8%) | 0.00 | 144 |
2021-04-01 | $290,625 (19.1%) | $512,153 (37.2%) | 0.00 | 144 |
2021-05-01 | $299,900 (20.4%) | $527,693 (38.7%) | 0.00 | 156 |
2021-06-01 | $299,225 (17.1%) | $519,176 (33.6%) | 0.00 | 168 |
2021-07-01 | $299,900 (17.6%) | $525,879 (36.6%) | 0.00 | 176 |
2021-08-01 | $324,750 (29.9%) | $560,765 (42.6%) | 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 (7.8%) | 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 |
2023-12-01 | $399,900 (33.8%) | $546,807 (27.8%) | 0.00 | 109 |
2024-01-01 | $396,475 (44.2%) | $538,475 (29.8%) | 0.00 | 104 |
2024-02-01 | $401,475 (54.2%) | $559,505 (30.3%) | 0.00 | 107 |
2024-03-01 | $385,000 (40.0%) | $711,967 (65.9%) | 0.00 | 121 |
2024-04-01 | $385,975 (40.4%) | $714,669 (66.9%) | 0.00 | 133 |
2024-05-01 | $437,450 (56.2%) | $742,350 (76.9%) | 0.00 | 139 |
2024-06-01 | $399,900 (18.9%) | $711,161 (55.1%) | 0.00 | 165 |
2024-07-01 | $437,450 (12.5%) | $717,351 (49.1%) | 0.00 | 188 |
2024-08-01 | $420,000 (6.7%) | $703,612 (39.9%) | 0.00 | 209 |
2024-09-01 | $421,225 (5.3%) | $697,088 (22.8%) | 0.00 | 213 |
Rutland's median listing price comes in at 0% of the national average.
Rutland's average listing price for 2024-09-01 was $697,088, a difference of $129,307 (22.8%) versus the prior year and $-6,524 versus the prior month.
For the 2024-09-01 period, Rutland had 213 MLS listings, a difference of 4 listings (2%) versus the prior month and 80 listings (60%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Rutland (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 1,881 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 | 2,000 sqft |
2018-11-01 | 0 days | 1,996 sqft |
2018-12-01 | 0 days | 2,000 sqft |
2019-01-01 | 0 days | 2,040 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 | 1,920 sqft |
2019-07-01 | 0 days | 1,911 sqft |
2019-08-01 | 0 days | 1,919 sqft |
2019-09-01 | 0 days | 1,917 sqft |
2019-10-01 | 0 days | 1,922 sqft |
2019-11-01 | 0 days | 1,960 sqft |
2019-12-01 | 0 days | 1,941 sqft |
2020-01-01 | 0 days | 1,896 sqft |
2020-02-01 | 0 days | 1,944 sqft |
2020-03-01 | 0 days | 1,942 sqft |
2020-04-01 | 0 days | 1,946 sqft |
2020-05-01 | 0 days | 1,921 sqft |
2020-06-01 | 0 days | 2,022 sqft |
2020-07-01 | 0 days | 2,143 sqft |
2020-08-01 | 0 days | 2,128 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 |
2023-12-01 | 0 days | 1,929 sqft |
2024-01-01 | 0 days | 1,972 sqft |
2024-02-01 | 0 days | 1,937 sqft |
2024-03-01 | 0 days | 1,828 sqft |
2024-04-01 | 0 days | 1,692 sqft |
2024-05-01 | 0 days | 1,612 sqft |
2024-06-01 | 0 days | 1,742 sqft |
2024-07-01 | 0 days | 1,814 sqft |
2024-08-01 | 0 days | 1,963 sqft |
2024-09-01 | 0 days | 1,842 sqft |
Rutland's median square footage for active listings during the 2024-09-01 period was 1,842 sqft. One year prior, the average listing was 1,811 sqft.
Rutland, VT Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 445 | $108,245,000 | $243,247 |
Home Improvement | 100 | $8,400,000 | $84,000 |
Cash Out Refi | 90 | $18,340,000 | $203,778 |
Refi | 80 | $10,650,000 | $133,125 |
Other | 69 | $7,305,000 | $105,870 |
Rutland's most frequently cited loan purpose was Home Purchase, with 445 originations. The 2nd most popular reason was Home Improvement, with 100 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 316 | $70,840,000 | $224,177 |
7-8% | 175 | $35,395,000 | $202,257 |
Over 8% | 117 | $12,015,000 | $102,692 |
5-6% | 97 | $24,675,000 | $254,381 |
<2.5% | 37 | $2,085,000 | $56,351 |
4-5% | 17 | $3,595,000 | $211,471 |
2.5-3% | 5 | $295,000 | $59,000 |
3-4% | 4 | $860,000 | $215,000 |
During 2023, Rutland's most frequently originated rate bucket was 6-7%, with 316 originations.
Loan Sizing (Rutland, VT MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 277 | $40,505,000 | $146,227 |
$200k-400k | 268 | $72,660,000 | $271,119 |
$100,000 or less | 186 | $9,890,000 | $53,172 |
$400k-600k | 36 | $17,500,000 | $486,111 |
$600k-1000k | 17 | $12,385,000 | $728,529 |
Rutland's loan sizing saw the bucket of loans from $100k-200k with 277 originations, totaling $40,505,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 254 | $63,260,000 | $249,055 |
60-80% | 206 | $49,840,000 | $241,942 |
20-40% | 116 | $13,510,000 | $116,466 |
Under 20% | 97 | $4,285,000 | $44,175 |
40-60% | 86 | $16,140,000 | $187,674 |
Over 100% | 8 | $2,620,000 | $327,500 |
Rutland's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 254 originations, totaling $63,260,000 in origination value.