Today, as we here at Peak Personal Finance look at local mortgage rates, we turn to Vermont.

Burlington is the largest city of Vermont but is smaller than an average neighborhood of Brooklyn, New York. With a core population of just under 50,000, Burlington makes one of the smallest financial markets in the United States. This however does not transpire into any lower availability of banking options. Best home loans in Vermont are readily available as all major financial institutions have branches here.

The best home mortgage rates in Vermont are calculated by taking a loan amount of $165,000 and 20% down payment as base average. In the 15-year fixed loan category with a loan amount of $165,000 and 20% down payment, best home mortgage rates in Vermont are offered by EverBank. They offer an APR of 4.461% and mortgage rate of 4.250%. Fees in APR are $670 and estimated monthly payment of $1,241.

Flagstar Direct offers an APY of 4.769% with a mortgage rate of 4.354%. They charge $1,200 in APR fees and an estimated monthly payment of $1,250. Quicken Loans offer a higher APR of 4.808% with a mortgage rate of 4.375%. Fees in APR are $1,600 and an estimated monthly payment of $1,252.

Following rates are valid for a 30-year fixed rate mortgage with $165,000 loan amount and 20% down payment and credit scores of above 700. EverBank is offering the best mortgage interest rates at an APR of 5.115% and a mortgage rate of 4.990%. The APR fees are estimated at $670 with an estimated monthly payment of $885.

Best mortgage rates in Vermont can also be found at KeyBank. They are offering an APR of 5.321% and mortgage rate of 5.250%. Fees in APR are $901 with an estimated monthly payment of $911.