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 6.82% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.63% and one month ago for the week of 2024-10-10, the average rate was 6.06%.

    Rutland's average rate one year ago was 7.24%.

    For refis of the same type during the week of 2024-11-14, the average rate was 6.88%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Rutland 30 Year Fixed Rate 2024-11-14 6.82%
    Rutland 30 Year Fixed Rate Refi 2024-11-14 6.88%
    Rutland 15 Year Fixed Rate 2024-11-14 6.19%
    Rutland 15 Year Fixed Rate Refi 2024-11-14 6.49%
    Rutland 30 Year FHA 2024-11-14 -0.2%
    Rutland 30 Year FHA Refi 2024-11-14 0.2%
    Rutland 30 Year USDA 2024-11-14 0.1%
    Rutland 30 Year USDA Refi 2024-11-14 -0.1%
    Rutland 30 Year VA 2024-11-14 0.2%
    Rutland 30 Year VA Refi 2024-11-14 0.1%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Community Bank 45 6.68% $335
    QUICKEN LOANS, LLC 41 6.69% $7,492
    Mascoma Bank 28 6.80% $5,416
    NEW ENGLAND FEDERAL CREDIT UNION 24 6.41% $3,525
    ACADEMY MORTGAGE CORPORATION 14 7.00% $8,060
    NORTHEAST HOME LOAN, LLC 13 6.88% $5,489
    PRIMELENDING, A PLAINSCAPITAL COMPANY 10 6.81% $7,539
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.82% $7,431
    Citizens Bank 8 6.73% $6,135
    Bar Harbor Bank & Trust 7 6.05% $5,128
    Union Bank 7 6.50% $6,663
    TD Bank 6 7.18% $3,476
    JPMorgan Chase Bank 6 6.29% $10,263
    Vermont Federal Credit Union 6 6.63% $4,227
    M&T Bank 5 7.25% $5,463
    Bank of America 5 6.25% $5,843
    Wells Fargo Bank 3 6.54% $5,793
    BROKER SOLUTIONS, INC. 3 6.91% $6,973
    CMG MORTGAGE, INC. 3 7.21% $4,973
    EMM LOANS LLC 3 6.79% $5,794
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.67% $7,039
    KeyBank 3 6.63% $5,391
    Mortgage Research Center, LLC 3 6.25% $5,901
    LOANDEPOT.COM, LLC 2 5.81% $8,351
    PNC Bank 2 6.63% $5,071
    Mr. Cooper ( Nationstar Mortgage ) 2 6.43% $9,494
    Berkshire Bank 2 7.00% $4,321
    American Mortgage & Equity Consultants, Inc. 2 7.00% $4,877
    RELIANCE FIRST CAPITAL, LLC 2 9.19% $10,779
    CALIBER HOME LOANS, INC. 2 6.81% $5,612
    Leader Bank 2 6.63% $4,579
    Merrimack County Savings Bank 2 6.38% $4,386
    BETTER MORTGAGE CORPORATION 2 5.75% $12,774
    UNITED WHOLESALE MORTGAGE, LLC 2 7.25% $5,387
    Northfield Savings Bank 2 5.56% $3,688
    Northpointe Bank 2 7.12% $7,507
    U.S. Bank 2 6.63% $10,565
    FREEDOM MORTGAGE CORPORATION 2 7.00% $6,819
    MOVEMENT MORTGAGE, LLC 1 6.06% $8,498
    NBT Bank 1 6.25% $4,284
    CALCON MUTUAL MORTGAGE LLC 1 8.50% $15,737
    PENNYMAC LOAN SERVICES, LLC 1 6.25% $4,546
    PHH Mortgage Corporation 1 6.25% $11,085
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.13% $7,164
    Ally Bank 1 5.75% $7,157
    The Huntington National Bank 1 6.88% $9,102
    TrustCo Bank 1 5.87% $3,400
    Advisors Mortgage Group, L.L.C. 1 7.00% $5,692
    CROSSCOUNTRY MORTGAGE, LLC 1 7.49% $4,596
    Discover Bank 1 6.99% $0
    Farm Credit East, ACA 1 8.50% $6,505
    Citibank 1 5.50% $3,186
    First Savings Bank 1 7.00% $7,784
    GUARANTEED RATE AFFINITY, LLC 1 6.93% $6,191
    GUARANTEED RATE, INC. 1 6.33% $8,420
    GUILD MORTGAGE COMPANY 1 7.50% $7,374
    HANSCOM 1 6.50% $8,069
    Heritage Bank 1 5.13% $8,813
    ABSOLUTE HOME MORTGAGE CORPORATION 1 9.75% $15,302
    HSBC BANK USA, NATIONAL ASSOCIATION 1 7.68% $5,180
    Charles Schwab Bank, SSB 1 5.25% $5,837
    Waterstone Mortgage Corporation 1 6.25% $5,576
    Kittredge Mortgage Corporation 1 6.63% $11,279
    LIBERTY HOME MORTGAGE CORPORATION 1 6.38% $9,011
    CARDINAL FINANCIAL 1 6.50% $3,894
    21ST MORTGAGE CORPORATION 1 8.52% $5,423

    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. 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 (14.7%) $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
    2024-10-01 $428,675 (3.9%) $734,442 (33.7%) 0.00 204
    Rutland's median listing price for 2024-10-01 was $428,675, a difference of $16,200 (3.9%) versus the prior year and $7,450 versus the prior month.

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

    Rutland's average listing price for 2024-10-01 was $734,442, a difference of $185,021 (33.7%) versus the prior year and $37,354 versus the prior month.

    For the 2024-10-01 period, Rutland had 204 MLS listings, a difference of -9 listings (-4%) versus the prior month and 72 listings (55%) 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 1,881 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
    2024-10-01 0 days 1,932 sqft
    Rutland's median listing age (time on market) for 2024-10-01 was 0 days.

    Rutland's median square footage for active listings during the 2024-10-01 period was 1,932 sqft. One year prior, the average listing was 1,972 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.