Compare current mortgage rates for today in Connecticut
Updated on
Conventional Fixed rate loans
Conventional fixed-rate loans in the USA offer stable monthly payments with a constant interest rate over 15, 20, or 30 years. Borrowers typically need a down payment of 3-20% and may pay for private mortgage insurance. Credit score, closing costs, and property appraisal are key factors in securing these mortgages.
Assumptions: 760+ Credit, $778,000 sales price, $625,000 loan amount. Learn more about how these rates, APRs and monthly payments are calculated. Plus, see a conforming fixed-rate estimated monthly payment and APR example.
Conforming Adjustable Rate Mortgage (ARM) Loans
Adjustable rate loans feature fluctuating interest rates, initially lower than fixed rates. Borrowers benefit from lower initial payments but risk increases if rates rise, making them suitable for those comfortable with potential payment fluctuations.
Assumptions: 760+ Credit, $778,000 sales price, $625,000 loan amount. Learn more about how these rates, APRs and monthly payments are calculated. Plus, see a conforming fixed-rate estimated monthly payment and APR example.
Federal Housing Administration (FHA) Loans
FHA loans, backed by the Federal Housing Administration, offer low down payments (typically 3.5%) and are accessible to borrowers with lower credit scores. They require mortgage insurance premiums, providing options for those with less established credit.
Assumptions: 720+ Credit, $362,695 sales price, $350,000 loan amount. Learn more about how these rates, APRs and monthly payments are calculated. Plus, see a conforming fixed-rate estimated monthly payment and APR example.
Veterans Affairs (VA) Loans
VA loans, guaranteed by the Department of Veterans Affairs, provide benefits like no down payment and relaxed credit requirements to eligible service members, veterans, and their families. They offer competitive rates and exclude the need for mortgage insurance.
Assumptions: 720+ Credit, $500,000 sales price, $500,000 loan amount. Learn more about how these rates, APRs and monthly payments are calculated. Plus, see a conforming fixed-rate estimated monthly payment and APR example.
Jumbo Loans
Jumbo loans exceed conventional limits, suitable for high-cost properties. They often require larger down payments, have stricter credit requirements, and may carry higher interest rates due to non-conforming nature, ideal for buyers in high-value markets.
Assumptions: 760+ Credit, $2,000,000 sales price, $1,500,000 loan amount. Learn more about how these rates, APRs and monthly payments are calculated. Plus, see a conforming fixed-rate estimated monthly payment and APR example.
Conforming Loan Limits in Connecticut (2026)
| County | 1-Unit Limit |
|---|---|
| Capitol Plannin | $832,750 |
| Greater Bridgep | $977,500 |
| Lower Connectic | $832,750 |
| Naugatuck Valle | $851,000 |
| Northeastern Co | $832,750 |
| Northwest Hills | $832,750 |
| South Central C | $832,750 |
| Southeastern Co | $832,750 |
| Western Connect | $977,500 |
Mortgage Rate Trends
VA 30-Yr Fixed Rate Trends
Data source: BankingBridge API. Updated daily.