{"id":5483,"date":"2026-02-05T16:00:03","date_gmt":"2026-02-05T21:00:03","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=5483"},"modified":"2026-02-06T10:42:01","modified_gmt":"2026-02-06T15:42:01","slug":"2026-vermont-mortgage-update","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2026\/02\/2026-vermont-mortgage-update\/","title":{"rendered":"2026 Vermont Mortgage Update"},"content":{"rendered":"<div id=\"elevenlabs-audionative-widget\" data-height=\"90\" data-width=\"100%\" data-frameborder=\"no\" data-scrolling=\"no\" data-publicuserid=\"7f5a0832d04d06ebe4ca931cfa9cb2e0a1d8e0132a02f8e0a4f528315c7ceef9\" data-playerurl=\"https:\/\/elevenlabs.io\/player\/index.html\" data-projectid=\"5hIzqErWmChSfYUcbv0v\">Listen to 2026 Vermont Mortgage Update<\/div>\n<div data-height=\"90\" data-width=\"100%\" data-frameborder=\"no\" data-scrolling=\"no\" data-publicuserid=\"7f5a0832d04d06ebe4ca931cfa9cb2e0a1d8e0132a02f8e0a4f528315c7ceef9\" data-playerurl=\"https:\/\/elevenlabs.io\/player\/index.html\" data-projectid=\"5hIzqErWmChSfYUcbv0v\">Loading the <a href=\"https:\/\/elevenlabs.io\/text-to-speech\" target=\"_blank\" rel=\"noopener\">Elevenlabs Text to Speech<\/a> AudioNative Player&#8230;<\/div>\n<p><script src=\"https:\/\/elevenlabs.io\/player\/audioNativeHelper.js\" type=\"text\/javascript\"><\/script><\/p>\n\n\n<p>Vermont\u2019s housing market in 2025 moved toward better balance as inventory slowly increased and price growth moderated. While affordability remained a challenge for many buyers, easing mortgage rates in the second half of the year helped improve purchasing power. Union Bank continued to see strong, steady demand for <a href=\"https:\/\/www.ublocal.com\/personal\/mortgages\/\" data-type=\"link\" data-id=\"https:\/\/www.ublocal.com\/personal\/mortgages\/\" target=\"_blank\" rel=\"noreferrer noopener\">mortgage financing <\/a>across the state, led by well qualified local buyers and repeat homeowners leveraging significant home equity gains.<\/p>\n\n\n\n<p>One standout in 2025 was continued interest in construction and renovation lending, as Vermont\u2019s limited housing stock encouraged many borrowers to build or improve existing homes. <a href=\"https:\/\/www.ublocal.com\/personal\/personal-loans\/construction\/\" data-type=\"link\" data-id=\"https:\/\/www.ublocal.com\/personal\/personal-loans\/construction\/\" target=\"_blank\" rel=\"noreferrer noopener\">Union Bank\u2019s Construction to Permanent program <\/a>remained one of our most utilized options, offering a single close solution that helps borrowers manage costs and reduce uncertainty during the building process.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.hickokandboardman.com\/home-buying\/vermont-first-time-buyers-guide.html\" data-type=\"link\" data-id=\"https:\/\/www.hickokandboardman.com\/home-buying\/vermont-first-time-buyers-guide.html\">First time homebuyers<\/a> continued to rely on <a href=\"https:\/\/www.ublocal.com\/personal\/mortgages\/first-time-home-buyer-programs\/\" data-type=\"link\" data-id=\"https:\/\/www.ublocal.com\/personal\/mortgages\/first-time-home-buyer-programs\/\" target=\"_blank\" rel=\"noreferrer noopener\">VHFA programs<\/a>, with Union Bank again ranking among the leading lenders helping Vermonters access down payment assistance and lower interest opportunities. Our LendTogether shared equity program also gained momentum in 2025, helping income eligible buyers achieve homeownership with reduced upfront costs while keeping long term affordability in mind.<\/p>\n\n\n\n<p>With many homeowners holding low fixed rate loans, home equity borrowing remained a key focus. Union Bank saw elevated use of<a href=\"https:\/\/www.ublocal.com\/personal\/mortgages\/home-equity-loan\/\" data-type=\"link\" data-id=\"https:\/\/www.ublocal.com\/personal\/mortgages\/home-equity-loan\/\"> Home Equity Loans<\/a> and Lines of Credit, as strong equity positions allowed customers to consolidate debt, fund renovations, or support major life expenses.<\/p>\n\n\n\n<p>As we look ahead, <a href=\"https:\/\/www.hickokandboardman.com\/home-buying.html\" data-type=\"link\" data-id=\"https:\/\/www.hickokandboardman.com\/home-buying.html\">Vermont buyers<\/a>, builders, and homeowners continue to prioritize local expertise and flexible lending options. Union Bank remains committed to offering personalized, community focused mortgage solutions to help Vermonters reach their goals\u2014no matter what 2026 brings.<\/p>\n\n\n<p><a href=\"https:\/\/www.ublocal.com\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft  wp-image-5246\" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/Union-Bank-1024x426.jpg\" alt=\"\" width=\"260\" height=\"108\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/Union-Bank-1024x426.jpg 1024w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/Union-Bank-300x125.jpg 300w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/Union-Bank-768x320.jpg 768w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/Union-Bank.jpg 1432w\" sizes=\"(max-width: 260px) 100vw, 260px\" \/><\/a><br \/>NMLS# 402933<\/p>\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2024\/07\/First-Choice.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2024\/07\/First-Choice-1024x576.jpg\" alt=\"\" class=\"wp-image-4785\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2024\/07\/First-Choice-1024x576.jpg 1024w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2024\/07\/First-Choice-300x169.jpg 300w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2024\/07\/First-Choice-768x432.jpg 768w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2024\/07\/First-Choice.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n<p><em><a href=\"https:\/\/hrc.vermont.gov\/fair-housing-Know%20Your%20Rights\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft  wp-image-5485\" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2026\/02\/equal-housing-logo250-150x150.png\" alt=\"\" width=\"119\" height=\"119\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2026\/02\/equal-housing-logo250-150x150.png 150w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2026\/02\/equal-housing-logo250.png 250w\" sizes=\"(max-width: 119px) 100vw, 119px\" \/><\/a>The information in this report is for informational purposes only and does not represent an offer or commitment to provide any product or service. Any rate quotes, prices or the physical information included have been obtained from sources believed to be dependable, but we do not guarantee their accuracy or completeness. Any mentions of third-party names, products, and services are for referential purposes only and are not meant to imply any sponsorship, endorsement, or affiliation unless otherwise noted. This information is based on current market conditions and is subject to change without notice.<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Listen to 2026 Vermont Mortgage Update Loading the Elevenlabs Text to Speech AudioNative Player&#8230; Vermont\u2019s housing market in 2025 moved toward better balance as inventory slowly increased and price growth moderated. While affordability remained a challenge for many buyers, easing mortgage rates in the second half of the year helped improve purchasing power. Union Bank &#8230; <a class=\"read-more\" href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2026\/02\/2026-vermont-mortgage-update\/\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5483"}],"collection":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/comments?post=5483"}],"version-history":[{"count":5,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5483\/revisions"}],"predecessor-version":[{"id":5555,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5483\/revisions\/5555"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=5483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=5483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=5483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}