Compare Current Bridgeport, Connecticut Mortgage Rates

Compare Bridgeport, CT mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Bridgeport.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Bridgeport. Plus, shopping lenders is free and there is no obligation.

Bridgeport, CT Mortgage Rates as of April 24, 2024
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Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes or insurance premiums. Actual payments will be greater with taxes and insurance included. Read through our lender table disclaimer for more information on rates and product details.

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Compare Today's Bridgeport, CT Mortgage Rates

April 24, 2024

Current mortgage rates in Bridgeport, CT are % for a 30 year fixed rate loan, % for a 15 year fixed loan and % for a 5/1 adjustable rate mortgage (ARM)

Mortgage Program
Bridgeport, CT Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in Bridgeport, Connecticut?

Below we provide helpful information on the real estate market, home prices and housing affordability in Bridgeport. Understand how much you need to earn to afford a home in Bridgeport, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Bridgeport fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Bridgeport is right for you.

The median home value for Bridgeport, CT (Fairfield County) is $527,830

Based on current mortgage rates and a 10% down payment, you need to make $110,114 per year to buy the median priced home in Bridgeport

With this income, you could qualify for a $475,047 mortgage, assuming your monthly debt expense is reasonable

Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Bridgeport is $2,550

The median household income for Bridgeport, CT (Fairfield County) is $102,282

Based on this income, you can afford a home valued at approximately $490,287

The home price you can afford to buy based on household income in Bridgeport is 93% of the median home value which means housing prices are expensive. Bridgeport (Fairfield County) ranks 8 out of 8 counties in Connecticut and 2,884 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Bridgeport, CT is expensive


Loan Limits for Bridgeport, Connecticut

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Bridgeport (Fairfield County) below.

Conforming loan limits for Bridgeport, CT

1 unit: $726,200
2 units: $929,850
3 units: $1,123,900
4 units: $1,396,800

FHA loan limits for Bridgeport, CT

1 unit: $707,250
2 units: $905,400
3 units: $1,094,450
4 units: $1,360,100

VA loan limits for Bridgeport, CT

1 unit: $726,200

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