Review current Vermont and New Hampshire mortgage rates. We update our interest rates regularly to give you the most current rates. Should you have any questions about rates or home loans, our local mortgage experts are always ready to help.
Revised June 2, 2023
| Loan type and Term | Rate (%) | Points (%) | APR (%)* | Payment per $1000** |
|---|---|---|---|---|
| 30 Year Fixed Rate | 6.750 | 0 | 6.816 | $6.49 |
| 20 Year Fixed Rate | 6.500 | 0 | 6.586 | $7.46 |
| 15 Year Fixed Rate | 6.375 | 0 | 6.482 | $8.64 |
| Loan type and Term | Rate (%) | Points (%) | APR (%)* | Payment per $1000** |
|---|---|---|---|---|
| 5/1 ARM | 6.500 | 0 | 7.377 | $6.32 |
| 7/1 ARM | 6.875 | 0 | 7.410 | $6.57 |
All ARM product rates may increase after loan origination. Caps 2/2/6. Index = 1 year US Treasury plus a margin of 2.75% rounded to the nearest 0.125% with minimum rate equivalent to start rate.
| Loan type and Term | Rate (%) | Points (%) | APR (%)*2 | Payment per $1000** |
|---|---|---|---|---|
| 30 Year Fixed Rate Jumbo | 6.750 | 0 | 6.759 | $6.49 |
| 30 Year Fixed Rate FHA(‡) | 6.250 | 0 | 7.044 | $6.67 |
| 30 Year Fixed Rate RD | 6.250 | 0 | 6.890 | $6.51 |
| 30 Year Fixed Rate VA | 7.125 | 0 | 7.488 | $6.82 |
| Loan type and Term | Rate (%) | Points (%) | APR (%)* | Payment per $1000** |
|---|---|---|---|---|
| 30 Year Fixed Rate MOVE RD, VA, FHA | 6.000 | 0 | 6.636 | $6.35 |
| 30 Year Fixed Rate Advantage RD, VA, FHA | 6.250 | 0 | 6.890 | $6.51 |
| 30 Year Fixed Rate MOVE Conventional | 6.250 | 0 | 6.344 | $6.16 |
| 30 Year Fixed Rate Advantage Conventional | 6.500 | 0 | 6.595 | $6.32 |
| Loan type and Term | Rate (%) | Points (%) | APR (%)* | Payment per $1000** |
|---|---|---|---|---|
| 30 Year Fixed Rate Home First | 5.750 | 0 | 6.260 (2) | $6.19 |
| 30 Year Fixed Home First Plus | 6.375 | 0 | 6.891 | $6.59 |
| 30 Year Fixed Rate Preferred Conventional | 6.500 | 0 | 6.565 (1) | $6.32 |
(1)Based on 96.5% LTV including mortgage insurance.
(2)Based on 97.0% LTV including mortgage insurance.
| Loan type and Term | Rate (%) | Points (%) | APR (%)*3 | Payment per $1000**1 |
|---|---|---|---|---|
| 8 Month Fixed Rate | 7.690 | 0 | 9.000 | $6.41 |
(1) Interest only payments are required monthly based on the amount of the loan outstanding during the prior month.
| Loan type and Term | Rate (%)1 | Points (%) | APR (%)* | Payment per $1000** |
|---|---|---|---|---|
| 15 Year Fixed Rate | 7.375 | 0 | 7.451 | $9.19 |
| 10 Year Fixed Rate | 6.750 | 0 | 6.848 | $11.48 |
| 5 Year Fixed Rate | 6.000 | 0 | 6.170 | $19.33 |
(1) 0.25% reduction in rate with UB auto pay
| Loan type and Term | Rate (%)1 | Points (%) | APR (%)* | Payment per $1000** |
|---|---|---|---|---|
| 10 Year Draw/10 Year Repay | 7.250% | 0 | 7.250% | $12.27 |
(1) The rate is fixed for six months at 7.25% and then adjusts quarterly beginning in month six at the Wall Street Journal Prime Rate (currently 8.25%) minus 0.25%, with a floor of 4.00% and a maximum of 18.00%. The maximum Annual Percentage Rate (APR) is 18%. Property insurance required. Flood insurance may be required.
Maximum loan-to-value of 80% unless otherwise noted. In some instances, loan-to-value may exceed 80% with private mortgage insurance.
All ARM product rates may increase after loan origination.
(‡) Rates and points are based on a loan amount of $100,000, purchase of primary residence, Loan to Value of 60% or less, and a credit score of greater than 740. The loan purpose, property type, credit score, and loan to value, will determine the rate and points. Rates and points are subject to change at any time prior to commitment.
Includes New and Used Multi-wide Manufactured Housing permanently affixed to owned land and may include term and loan to value restrictions.
* APR = Annual Percentage Rate. Annual Percentage Rate is based on $100,000 loan amount with a 60% Loan to Value and the maximum term. Loans with less than a 20% down payment require private mortgage insurance.
*2 APR = Annual Percentage Rate. Annual Percentage Rate is based on $726,200 loan amount with a 65% Loan to Value.
*3 APR = Annual Percentage Rate. Annual Percentage Rate is based on $250,000 loan amount with a 75% Loan to Value.
** Payment may be higher if escrows for property taxes and insurances are applicable.
All rates are for a rate lock period of 60 Days.
Mortgage rates can change daily, and vary depending on the borrower’s financial situation, including down payment and credit score. The rates presented above are based on a variety of assumptions and conditions, and may differ from buyer to buyer.
Buying a home is a large investment, and the loan experts at Union Bank are here to help you make the most of your money by guiding you through the loan process. For more than 100 years, we’ve been dedicated to providing financial expertise and excellent service to our customers across Vermont and New Hampshire. We’re proud to be the leading bank for mortgage loans in the entire state of Vermont. Whether it’s your first time buying a home, refinancing your residence, or investing in a secondary property, we are here to assist you. If you have questions, contact our team of knowledgeable professionals to learn more about our mortgage interest rates and our other lending services.
When you’re ready, use our Online Mortgage Application to get started.
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