Today’s Refinance Rates in Connecticut

A “good refinancing rate” depends on your specific circumstances. Consider your credit score, income, loan amount, debts and loan terms. To find a great deal, MoneyGeek advises that homeowners compare rates to weigh options from different lenders in Connecticut.

Based on FRED’s economic data, the national mortgage rates are 4.45% for a 15-year FRM, 5.3% for a 30-year FRM and 4.19% for a 5/1 ARM. Connecticut’s refinancing rates are cheaper than the national comparison at 4.26% on a 15-year FRM, 5.05% on a 30-year FRM and 3.79% on a 5/1 ARM.

Mortgage refinancing rates fluctuate nearly every day. Today’s rates can be noticeably different from the estimates a week later.

If you need help calculating your monthly payments, use MoneyGeek’s calculator and input your mortgage details. Please note that rates change daily and depend on factors like your debt-to-income ratio, credit score and loan term.

MoneyGeek answered commonly asked questions about mortgage refinance rates in Connecticut for additional insight as you begin your refinancing journey.