Today’s Refinance Rates in Vermont

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Edited byBrett Holzhauer

Updated: January 18, 2024

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Current Refinance Rates in Vermont

MoneyGeek analyzed and gathered refinance rates in Vermont to help you pick a loan type that suits your situation. The table below shows Vermont’s most updated rates for different mortgage types and terms.


Mortgage Refinance Rates From Top Lenders


What Is a Good Refinance Rate in Vermont?

Referencing FRED’s economic data, Vermont has an average interest rate of 4.40% for a 15-year fixed-rate mortgage which is slightly higher than the 4.39% national average. A 30-year fixed-rate loan has an interest rate of 5.14%, which is more than the national average of 5.18%. For a 5/1 adjustable-rate mortgage (ARM), Vermont’s rate is 3.72, which is lower than the national average of 4.41%.

A “good rate” is subject and depends on many factors. These factors include the loan amount, terms, credit score and debt-to-income ratio. Mortgage rates vary almost daily, so don’t be shocked when your preferred lender gives you different information weekly.

To obtain the best refinance rates in Vermont, ensure to browse and check quotes from various lenders.

Estimate Your New Monthly Mortgage Payment

Using MoneyGeek’s mortgage calculator below, you easily estimate your new monthly mortgage refinance payment. Please fill it out with the mortgage information and use Vermont’s average rate. Remember that interest rates fluctuate and are affected by various personal factors such as credit score, mortgage term, loan amount and debt-to-income ratio.


Frequently Asked Questions About Refinance Rates in Vermont

Vermonters need to consider pursuing mortgage refinancing by reviewing the details below and through researching their options. Below, MoneyGeek answers the most commonly asked questions about Green Mountain State’s mortgage refinancing rates.

A “good” refinance rate depends on the current market situation. It will also depend on your current financial circumstances, as well as the type of mortgage you want to apply for.

While mortgage refinancing lets you save on your monthly mortgage, it may not be suitable for you if the mortgage refinance rate is more than your current mortgage rate.

In the Green Mountain State, the average interest is 5.14%. So, getting a rate less than or equal to this number would be ideal.

A good refinance rate for a 15-year FRM in Vermont is close to 4.40%.

Vermonters may consider a suitable 5/1 adjustable-rate mortgage would be less than or equal to 3.72%.