If you’re interested in buying a home in the Constitution State, you’re not alone. There are 1.5 million housing units and a homeownership rate of 66% in Connecticut, according to the U.S. Census Bureau’s 2018 American Community Survey.
Connecticut’s median housing value is $277,400, which is well above the national median of $229,700. Home values can vary by region, however, with some counties’ median home prices climbing as high as $422,300.
What Are the Mortgage Rates in Connecticut?
Home interest rates range from 2.5% to 4% in Connecticut.
What Are Today’s Mortgage Rates?
Locking in a low mortgage rate today can save you thousands over the life of your loan. Compare your mortgage rate offers with national average trends.
This Week’s Rate
Last Week’s Rate
|30-year fixed-rate mortgage||3.01%||3.03%|
|15-year fixed-rate mortgage||2.58%||2.56%|
|30-year fixed-rate jumbo mortgage||3.03%||3.09%|
|5/1 jumbo ARM||2.86%||2.87%|
*Rates as of Oct. 28, 2020
U.S. News’ Best Connecticut Mortgage Lenders
Methodology: U.S. News conducted an in-depth review of leading direct mortgage lenders in Connecticut. Research was based on program availability, customer satisfaction ratings and qualification requirements. Because each consumer has different needs, the top finishers in several key areas were chosen.
- Mortgage types: ARMs, conventional, FHA, first-time homebuyer program, home equity lines of credit, refinancing, VA
- Minimum FICO credit score: 600
- Maximum loan amount: $5 million
- Better Business Bureau rating: A+