| Mortgage Rates for CT | ||
| Product | Interest Rates | Annual Percentage Rate |
| 15 YR Fixed Conforming | 3.750% | 3.885% |
| 15 YR Fixed Jumbo | 4.500% | 4.696% |
| 30 YR Fixed Conforming | 4.250% | 4.392% |
| 30 YR Fixed High Conforming | 4.500% | 4.646% |
| 30 YR Fixed Jumbo | 5.000% | 5.116% |
| 30 YR Fixed Super Jumbo | 5.250% | 5.368% |
| 5/1 YR ARM Conforming | 3.125% | 3.457% |
| 5/1 YR ARM Jumbo | 4.000% | 3.728% |
| 5/1 YR Portfolio Arm | 4.000% | 3.452% |
The rates and APR above are based upon the following assumptions: a 20% down payment, $1,500 in finance charges, and 30 days prepaid interest, 1 point, and a 30 day rate lock. The rates and APR will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. Property taxes and homeowners insurance are estimates and subject to change.
| Mortgage Rates for CT as of July 2, 2010 Continue Reading… |
Current mortage rates for Connecticut ….. Continue Reading…
| Mortgage Rates for CT Continue Reading… |
| Mortgage Rates for CT Continue Reading… |
Current Mortage Rates for Connecticut as of June 4, 2010. Continue Reading…
The Fed announcement last week about an expansion of the mortgage-backed securities (M BS) purchase program pushed mortgage rates down to the lowest levels in decades, according to the weekly surveys from the Mortgage Bankers Association (MBA) and Freddie Mac. This week, mortgage rates held the improvement, ending nearly unchanged from last Friday. Continue Reading…
Mortgage rates held steady during the first half of the week, until Wednesday’s Fed meeting. As expected, the target for the Fed Funds rate remained unchanged, close to a level of zero. Heading into the announcement, the biggest question for investors was whether the Fed would begin to purchase Treasury securities in addition to mortgage-backed securities (MBS) to help support the financial system. Continue Reading…