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?
The average interest rate for a 30-year fixed-rate conforming mortgage in Connecticut is 3.57%.
Home interest rates range from 3.00% to 4.75% 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||3.52%||3.57%|
|15-Year Fixed Rate||2.92%||3.03%|
|30-Year Fixed Jumbo Rate||3.63%||3.68%|
|5/1 ARM Rate||3.31%||3.31%|
|5/1 ARM Jumbo Rate||3.06%||3.08%|
Rates as of May 19th, 2020
Methodology: U.S. News conducted an in-depth review of leading direct mortgage lenders. 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.