Today's Refinance Rates5.4%5.7% APR Fixed Mortgage
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Connecticut Mortgage Rates
Outstanding schools and low crime rates are just two of the many reasons that people choose to live in Connecticut. The mix of urban and rural properties, close proximity to both the beach and New York City, and an abundance of high quality jobs offer even more incentives.
Common Connecticut Loan Types:
- Connecticut conventional mortgages: Connecticut mortgage requirements and rates vary based on the area you live in, or want to live in, and your financial situation. Compare mortgage rates on FreeRateUpdate.com to find the option that's right for you.
- Connecticut FHA loans: Home loans backed by the FHA are offered throughout the U.S. The FHA doesn't offer loans directly, you can find one through an FHA-approved lender in Connecticut on FreeRateUpdate.com today. FHA loans are typically offered to first-time homebuyers. FHA loans are designed for low- to moderate-income borrowers with lower credit scores.
- Connecticut VA loans: VA loans are backed by the Department of Veterans Affairs; VA loans are offered to eligible active duty service members and veterans. The VA doesn't offer loans directly, but you can find one through a VA-approved lender in Connecticut through FreeRateUpdate.com. VA loans require no down payment and typically have lower interest rates than conventional mortgages.
Connecticut Mortgage Rates Compared to National Averages
If you’re planning a big move and Connecticut is one of the potential destinations, you’ll be pleased to learn that mortgage interest rates sit right around the national averages, if not slightly below them. Whether you are looking for a 30-year or 15-year fixed-rate mortgage, or one of the 5/1 adjustable rate mortgages, just about every option will fall right along the national average here in Connecticut.