Refinance Now and Save with our Low Mortgage Rates in CT

Mortgage rates are still at considerably low rates. These low rates have motivated homeowners to refinance their current mortgage and reduce their monthly payments and eventually save thousands over the life of the loan. Also the low rates have motivated many first time home buyers to purchase houses before the rates rise again.

Currently Total Mortgage has some of the lowest mortgage rates in CT as well as across the nation. Some of the popular mortgage products in Connecticut are fixed rate mortgages, FHA mortgages and jumbo mortgages. Did you know that in the Northeast, Connecticut has the most multi-million-dollar homes, with 3.3 percent of homes in CT were priced over a million in 2003?

Total Mortgage is currently posting a low mortgage rate of 3.750 percent and 3.941 percent APR for a 30 year fixed rate mortgage in CT. Also the 20 and 15 year fixed rate mortgages are posted at 3.750 percent interest rate (4.028 percent APR) and 3.250 percent interest rate (3.602 percent APR) respectively.

FHA mortgages have gained popularity among borrowers because of their flexible lending requirements and low down payments. A 30 year fixed FHA is available at a 4.000 percent rate with 5.483 percent APR.  Borrowers whose loans may exceed the conforming limits set by Freddie Mac and Fannie Mae may require jumbo mortgage loans. A 30 year fixed jumbo mortgage is available to borrowers in CT at a 4.875 percent rate with 5.082 percent APR.

Find mortgage rates for cities in Connecticut such as West Hartford, New Britain, and New Haven please check online or call 877-868-2503 to speak with a licensed mortgage professional.

Mortgage rates are always changing. All rates were quoted at 10:30 A.M., on November 8, 2010.

*All rates shown are for 30 day rate locks. Longer locks available. The APR for conventional loan amounts is calculated using a loan amount of $417,000, 2 points, a $495 application fee, $500 loan processing fee, $715 underwriting fee and a $16 flood certification fee. The APR for jumbo loan amounts is calculated using a loan amount of $500,000, two points, a $495 application fee, $500 loan processing fee, $715 underwriting fee and a $16 flood certification fee. The APR for FHA loan amounts is calculated using a loan amount of $295,000, two points, a $495 application fee, $500 loan processing fee, $715 underwriting fee and a $16 flood certification fee. Some rates and fees may vary by state. All interest rates listed are for qualified applicants and are subject to mortgage approval. All rates are subject to change without notice.