Compare Today’s Mortgage Rates in Madison, Connecticut 06443
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Madison, Connecticut 06443.
Our search engine thoroughly explores all home mortgage options in Madison, Connecticut 06443, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $21,254 in lifetime cash or $59 per month in Madison and other areas of New Haven county.
41.309019
-72.615254
2298
Summary of Average Mortgages in Madison, Connecticut 06443
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Madison, Connecticut 06443
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Madison, Connecticut 06443
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Madison, CT 06443. 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 Madison, Connecticut 06443 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Madison, Connecticut and around New Haven 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 Madison, Connecticut 06443
For those searching for a new home in Madison, we have compiled a list of the top mortgage brokers located in and around Madison, Connecticut 06443 to assist you with your search.
Name
Address
Contact
Bancpoint Commercial
29 Boston Post Rd
Madison CT 06443
(203) 350-0531
Avistar Mortgage
16 Shepherds Trl
Madison CT 06443
(203) 679-0732
http://avis.com
Hartmann & Lake Finance Solutions
38 Academy St
Madison CT 06443
(203) 318-1488
http://hartmanncompany.com
Franklin American Mortgage Company
1343 Boston Post Rd
Madison CT 06443
(203) 245-6954
segan@franklinamerican.com
Applegate Group
85 Wall St
Madison CT 06443
(203) 318-8603
Address
29 Boston Post Rd
Madison CT
Contact
(203) 350-0531
Address
16 Shepherds Trl
Madison CT
Contact
(203) 679-0732
http://avis.com
Address
38 Academy St
Madison CT
Contact
(203) 318-1488
http://hartmanncompany.com