What matters beyond the rate?
A lower rate can come with higher upfront costs. Compare reported costs and rate spread alongside interest rates.
Understand points and credits →PUBLIC HMDA RECORDS · 2022–2025
Explore your mortgage market
Historical mortgage results for all 50 states and DC. Rates, costs and decisions from reported loans.
Vermont · 2025 baseline
Originated loans6,107
Median rate spread0.03 pp
Median interest rate6.38%
Application denial rate13.4%
What is included, and what can this tell me?
First-lien, owner-occupied, site-built homes with one to four units. Purchases, refinances and cash-out refinances. Reverse mortgages, business loans and open-ended credit lines are excluded. Denial rate is denied applications divided by originated plus denied applications. Other application outcomes are excluded.
Rate spread is APR minus the Average Prime Offer Rate for a comparable loan at lock. Raw interest rates are shown within each year; they also reflect when the loan closed. These are descriptive comparisons, not credit-adjusted lender rankings. HMDA does not publish credit scores. Loan amounts are rounded in the public data. A matching cohort does not account for every borrower difference.
Groups and numeric fields with fewer than 30 observations are withheld. Missing fields are excluded from their own medians. A missing value is not zero. County and metro results show all eligible loan types, purposes and amounts within the selected state and year. Full methodology.
Know what you’re comparing.
These are historical outcomes, not current mortgage offers. Borrower mix, timing, loan terms and missing fields affect the results.
Read the methodology →