Compare Today’s Mortgage Rates in Essex, Connecticut 06426
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Essex, Connecticut 06426.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $28,180 over the lifetime of your 30-year fixed loan, or a monthly savings of $78 in Essex and other areas of Middlesex county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Essex, Connecticut 06426
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Essex, Connecticut 06426
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Essex, CT 06426. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Essex, Connecticut 06426 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Essex, Connecticut and around Middlesex county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 96.23% | 94.67% | 92.63% | 89.50% | 83.87% | 88.37% | 83.33% | 75.51% | 80.28% |
avg mortgage rate | 6.58% | 4.65% | 3.05% | 3.46% | 4.43% | 4.70% | 4.26% | 3.90% | 4.15% |
% 15 year fixed mortgage | 1.89% | 2.87% | 5.10% | 9.50% | 12.26% | 9.30% | 15.69% | 19.39% | 15.49% |
avg mortgage rate | 6.38% | 4.18% | 2.36% | 3.03% | 4.05% | 4.07% | 3.64% | 3.29% | 3.38% |
Avg credit score | 753.94 | 746.09 | 748.01 | 747.65 | 746.83 | 735.64 | 748.81 | 748.72 | 751.41 |
Avg LTV (loan to value) | 82.43% | 82.96% | 84.62% | 85.79% | 83.77% | 84.21% | 84.28% | 81.31% | 83.20% |
Avg DTI (debt to income) | 36.34 | 34.27 | 33.99 | 33.00 | 32.31 | 33.39 | 32.33 | 32.17 | 30.44 |
% First time homebuyer | 47.17% | 36.07% | 24.65% | 30.50% | 25.81% | 23.26% | 24.51% | 25.51% | 19.72% |
Avg mortgage insurance % | 13.79% | 14.47% | 15.10% | 15.91% | 15.26% | 14.47% | 14.34% | 11.05% | 13.58% |
Best Mortgage Brokers around Essex, Connecticut 06426
For those searching for a new home in Essex, we have compiled a list of the top mortgage brokers located in and around Essex, Connecticut 06426 to assist you with your search.
Name
Address
Contact
Essex Mortgage Lenders
30 Main St
Essex CT 06426
(860) 767-6894
Cornerstone Mortgage
149 Westbrook Rd
Essex CT 06426
(860) 767-1055
Essex Credit Corporation
30 Main St
Essex CT 06426
(860) 767-2626
Cornerstone Mortgage
56 Plains Rd
Essex CT 06426
(860) 767-1055
http://www.ctcsloans.com
PHH Home Loans
3 Main St
Essex CT 06426
(860) 767-2919
http://www.burnethomeloans.com
Address
30 Main St
Essex CT
Contact
(860) 767-6894
Address
149 Westbrook Rd
Essex CT
Contact
(860) 767-1055
Address
30 Main St
Essex CT
Contact
(860) 767-2626