Vineyard Haven Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Vineyard Haven averaged
6.77%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.1% and
one month ago for the week of 2025-05-15, the
average rate was 7.07%.
Vineyard Haven's average rate one year ago was 7.21%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.41%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Vineyard Haven 30 Year Fixed Rate | 2025-06-18 | 6.77% |
| Vineyard Haven 30 Year Fixed Rate Refi | 2025-06-18 | 7.41% |
| Vineyard Haven 15 Year Fixed Rate | 2025-06-18 | 5.86% |
| Vineyard Haven 15 Year Fixed Rate Refi | 2025-06-18 | 5.96% |
| Vineyard Haven 30 Year FHA | 2025-06-18 | 0% |
| Vineyard Haven 30 Year FHA Refi | 2025-06-18 | -0.1% |
| Vineyard Haven 30 Year VA | 2025-06-18 | 0% |
| Vineyard Haven 30 Year VA Refi | 2025-06-18 | 0.2% |
Vineyard Haven 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 Vineyard Haven, MA 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.).
Vineyard Haven Average Closing Costs & Other Stats
Vineyard Haven, MA's 46 lenders originated 486
loans during 2024. The total origination value was $421,470,000, with an average loan value of
$867,222.
Vineyard Haven's average closing costs are $6,725.
The top Vineyard Haven lender as defined by loan originations is The Cape Cod Five Cents Savings Bank, with
23 loans originated. Their average total fees are
$6,152, which is $1,744
lower than the next largest lender,
Rockland Trust Company.
The lowest fee Vineyard Haven lenders (with over 10 loans originated) are
BAYCOAST MORTGAGE COMPANY, LLC ($5,695), The Cape Cod Five Cents Savings Bank ($6,152), Leader Bank ($7,755), Rockland Trust Company ($7,896) and QUICKEN LOANS, LLC ($20,114).
The lowest rate Vineyard Haven lenders (with over 10 loans originated) are
Leader Bank (6.49%), Rockland Trust Company (6.55%), BAYCOAST MORTGAGE COMPANY, LLC (6.71%), QUICKEN LOANS, LLC (6.74%) and The Cape Cod Five Cents Savings Bank (7.42%).
Vineyard Haven, MA 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| Bank of America | $35,000,000 | $54,195,000 | 54.8% | 12.9% |
| Martha's Vineyard Savings Bank | $62,525,000 | $39,800,000 | -36.3% | 9.4% |
| Rockland Trust Company | $25,800,000 | $33,430,000 | 29.6% | 7.9% |
| The Cape Cod Five Cents Savings Bank | $52,545,000 | $27,915,000 | -46.9% | 6.6% |
| BAYCOAST MORTGAGE COMPANY, LLC | $12,530,000 | $20,685,000 | 65.1% | 4.9% |
| Leader Bank | $5,200,000 | $19,025,000 | 265.9% | 4.5% |
| JPMorgan Chase Bank | $55,600,000 | $18,660,000 | -66.4% | 4.4% |
| Morgan Stanley Private Bank | $9,225,000 | $12,345,000 | 33.8% | 2.9% |
| Cambridge Savings Bank | $11,115,000 | n/a | 2.6% | |
| QUICKEN LOANS, LLC | $1,350,000 | $9,070,000 | 571.9% | 2.2% |
| Citizens Bank | $6,710,000 | $8,035,000 | 19.7% | 1.9% |
| GUARANTEED RATE, INC. | $2,465,000 | $7,665,000 | 211.0% | 1.8% |
| Citibank | $41,235,000 | $7,305,000 | -82.3% | 1.7% |
| Bank Rhode Island | $6,530,000 | n/a | 1.5% | |
| Webster Bank | $1,655,000 | $5,535,000 | 234.4% | 1.3% |
| OCMBC, INC. | $2,875,000 | $5,405,000 | 88.0% | 1.3% |
| Monson Savings Bank | $2,240,000 | $5,115,000 | 128.3% | 1.2% |
| Wells Fargo Bank | $8,340,000 | $4,575,000 | -45.1% | 1.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,520,000 | $4,380,000 | 188.2% | 1.0% |
| M&T Bank | $2,815,000 | $4,375,000 | 55.4% | 1.0% |
| North Easton Savings Bank | $4,305,000 | n/a | 1.0% | |
| BayCoast Bank | $6,415,000 | $4,090,000 | -36.2% | 1.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $1,275,000 | $3,915,000 | 207.1% | 0.9% |
| PCSB Bank | $3,855,000 | n/a | 0.9% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $3,675,000 | n/a | 0.9% | |
| CROSSCOUNTRY MORTGAGE, LLC | $1,080,000 | $3,640,000 | 237.0% | 0.9% |
| LONGBRIDGE FINANCIAL, LLC | $1,330,000 | $2,985,000 | 124.4% | 0.7% |
| Eastern Bank | $1,660,000 | $2,860,000 | 72.3% | 0.7% |
| FIRST COLONY MORTGAGE CORPORATION | $2,805,000 | n/a | 0.7% | |
| NATIONS DIRECT MORTGAGE, LLC | $2,800,000 | n/a | 0.7% | |
| Fall River Five Cents Savings Bank | $1,755,000 | $2,785,000 | 58.7% | 0.7% |
| Newburyport Five Cents Savings Bank | $425,000 | $2,775,000 | 552.9% | 0.7% |
| Winchester Savings Bank | $2,705,000 | n/a | 0.6% | |
| The Bank of Canton | $2,255,000 | n/a | 0.5% | |
| NP, Inc. | $825,000 | $2,240,000 | 171.5% | 0.5% |
| Cambridge Trust Company | $2,005,000 | n/a | 0.5% | |
| CIBC Bank USA | $2,005,000 | n/a | 0.5% | |
| The Northern Trust Company | $1,955,000 | n/a | 0.5% | |
| FINANCE OF AMERICA REVERSE LLC | $2,945,000 | $1,865,000 | -36.7% | 0.4% |
| The Village Bank | $1,755,000 | n/a | 0.4% | |
| City National Bank | $3,150,000 | $1,615,000 | -48.7% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,615,000 | n/a | 0.4% | |
| First National Bank of America | $1,975,000 | $1,540,000 | -22.0% | 0.4% |
| OAKTREE FUNDING CORP. | $2,305,000 | $1,505,000 | -34.7% | 0.4% |
| Truist | $1,505,000 | n/a | 0.4% | |
| ALLIED MORTGAGE GROUP, INC. | $1,975,000 | $1,455,000 | -26.3% | 0.3% |
| Hometown Equity Mortgage, LLC | $1,425,000 | n/a | 0.3% | |
| BROKER SOLUTIONS, INC. | $1,320,000 | n/a | 0.3% | |
| FOUNDATION MORTGAGE CORPORATION | $1,245,000 | n/a | 0.3% | |
| HANSCOM | $380,000 | $1,245,000 | 227.6% | 0.3% |
| Northpointe Bank | $1,505,000 | $1,235,000 | -17.9% | 0.3% |
| DIGITAL Federal Credit Union | $150,000 | $1,210,000 | 706.7% | 0.3% |
| TD Bank | $10,785,000 | $1,210,000 | -88.8% | 0.3% |
| MEMBERS MORTGAGE COMPANY, INC. | $1,205,000 | n/a | 0.3% | |
| Greenfield Savings Bank | $1,105,000 | n/a | 0.3% | |
| WASHINGTON TRUST MORTGAGE COMPANY LLC | $735,000 | $1,055,000 | 43.5% | 0.3% |
| BETTER MORTGAGE CORPORATION | $1,025,000 | n/a | 0.2% | |
| Capital Bank | $1,015,000 | n/a | 0.2% | |
| Axos Bank | $985,000 | n/a | 0.2% | |
| NEWREZ LLC | $955,000 | n/a | 0.2% | |
| AMWEST FUNDING CORP. | $2,525,000 | $950,000 | -62.4% | 0.2% |
| RF Renovo Management Company, LLC | $945,000 | n/a | 0.2% | |
| Goldman Sachs Bank USA | $7,415,000 | $855,000 | -88.5% | 0.2% |
| RADIUS FINANCIAL GROUP INC. | $845,000 | n/a | 0.2% | |
| Sharon & Crescent United Credit Union | $805,000 | n/a | 0.2% | |
| Winchester Co-operative Bank | $805,000 | n/a | 0.2% | |
| The Federal Savings Bank | $795,000 | n/a | 0.2% | |
| UBS Bank USA | $805,000 | $775,000 | -3.7% | 0.2% |
| PROPONENT Federal Credit Union | $755,000 | n/a | 0.2% | |
| Stifel Bank and Trust | $2,205,000 | $740,000 | -66.4% | 0.2% |
| PENNYMAC LOAN SERVICES, LLC | $205,000 | $725,000 | 253.7% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $950,000 | $655,000 | -31.1% | 0.2% |
| JMAC LENDING, INC. | $655,000 | n/a | 0.2% | |
| PLAZA HOME MORTGAGE, INC. | $625,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $615,000 | n/a | 0.1% | |
| EMM LOANS LLC | $635,000 | $535,000 | -15.7% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $510,000 | n/a | 0.1% | |
| Bangor Savings Bank | $865,000 | $505,000 | -41.6% | 0.1% |
| USAA Federal Savings Bank | $495,000 | n/a | 0.1% | |
| Country Bank for Savings | $475,000 | n/a | 0.1% | |
| Needham Bank | $455,000 | n/a | 0.1% | |
| Hingham Institution for Savings | $405,000 | n/a | 0.1% | |
| Ixonia Bank | $365,000 | n/a | 0.1% | |
| TOWER | $355,000 | n/a | 0.1% | |
| EMBRACE HOME LOANS, INC. | $285,000 | n/a | 0.1% | |
| Figure Lending LLC | $625,000 | $255,000 | -59.2% | 0.1% |
| MASSMUTUAL | $255,000 | n/a | 0.1% | |
| NAVY FEDERAL CREDIT UNION | $255,000 | n/a | 0.1% | |
| Workers Credit Union | $255,000 | $255,000 | 0.0% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| HARVARD UNIVERSITY EMPLOYEES | $350,000 | $205,000 | -41.4% | 0.0% |
| LIBERTY BAY CREDIT UNION | $255,000 | $180,000 | -29.4% | 0.0% |
| GEORGIA'S OWN | $175,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $155,000 | n/a | 0.0% | |
| Main Street Bank | $2,590,000 | $155,000 | -94.0% | 0.0% |
| SPRING EQ, LLC | $155,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $115,000 | n/a | 0.0% | |
| Discover Bank | $105,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $55,000 | n/a | 0.0% | |
| LOANDEPOT.COM, LLC | $55,000 | n/a | 0.0% |
Vineyard Haven's top lender by overall market share is Bank of America, with 12.9% market share. In second place, with 9.4%, is Martha's Vineyard Savings Bank, having originated $39,800,000 in loans. In third place, with 7.9%, is Rockland Trust Company, having originated $33,430,000 in loans. In fourth place, with 6.6%, is The Cape Cod Five Cents Savings Bank, having originated $27,915,000 in loans. In fifth place, with 4.9%, is BAYCOAST MORTGAGE COMPANY, LLC, having originated $20,685,000 in loans.
Vineyard Haven, MA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 217 | $244,675,000 | $1,127,535 |
| Home Improvement | 78 | $32,780,000 | $420,256 |
| Cash Out Refi | 76 | $61,400,000 | $807,895 |
| Refi | 60 | $48,650,000 | $810,833 |
| Other | 55 | $33,965,000 | $617,545 |
Vineyard Haven's most frequently cited loan purpose was Home Purchase, with 217 originations. The 2nd most popular reason was Home Improvement, with 78 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 123 | $125,855,000 | $1,023,211 |
| 7-8% | 121 | $79,055,000 | $653,347 |
| Over 8% | 114 | $45,660,000 | $400,526 |
| 5-6% | 47 | $91,685,000 | $1,950,745 |
| 4-5% | 6 | $11,810,000 | $1,968,333 |
During 2024, Vineyard Haven's most frequently originated rate bucket was 6-7%, with 123 originations.
Loan Sizing (Vineyard Haven, MA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $Over $1MM | 130 | $260,410,000 | $2,003,154 |
| $600k-1000k | 123 | $95,685,000 | $777,927 |
| $200k-400k | 75 | $20,855,000 | $278,067 |
| $400k-600k | 71 | $34,455,000 | $485,282 |
| $100k-200k | 65 | $8,795,000 | $135,308 |
| $100,000 or less | 22 | $1,270,000 | $57,727 |
Vineyard Haven's loan sizing saw the bucket of loans from $Over $1MM with 130 originations, totaling $260,410,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| Under 20% | 131 | $27,785,000 | $212,099 |
| 60-80% | 97 | $157,725,000 | $1,626,031 |
| 20-40% | 69 | $51,235,000 | $742,536 |
| 40-60% | 68 | $65,760,000 | $967,059 |
| 80-100% | 50 | $61,120,000 | $1,222,400 |
Vineyard Haven's loan sizing saw loans grouped in the Under 20% Loan-to-value bucket with 131 originations, totaling $27,785,000 in origination value.