»
»
Bridgeport

Current Mortgage Rates in Bridgeport, Connecticut

Compare mortgage rates and fees for leading lenders in Bridgeport, CT. 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 lender offering the best 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.

%
Mortgage Rates in Bridgeport, CT as of October 22, 2019
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees
  • Contact

%
Get Personalized Mortgage Quotes for Bridgeport, CT

Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

How Do Today's Bridgeport, CT Mortgage Rates Compare?

October 22, 2019

The current average rate for a 30 year fixed rate mortgage in Bridgeport is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%

Mortgage Program
Today's
Bridgeport, CT Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.690%
15 Year Fixed Rate
B.BBB%
3.150%
5/1 Adjustable Rate Mortgage
C.CCC%
3.350%

How Affordable is Housing in Bridgeport, Connecticut?

The median home value for Bridgeport, CT (Fairfield County) is $434,844

The median household income for Bridgeport, CT (Fairfield County) is $92,517

Based on current mortgage rates and a 10% down payment, you need to make $80,677 per year to buy the median priced home in Bridgeport

The home price you can afford to buy based on household income in Bridgeport is 115% of the median home value which means housing prices are average

Bridgeport (Fairfield County) ranks 8 out of 8 counties in Connecticut and 2,905 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 average

orange-simple-house
ruler

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: $601,450
2 units: $769,950
3 units: $930,700
4 units: $1,156,650

FHA loan limits for Bridgeport, CT

1 unit: $601,450
2 units: $769,950
3 units: $930,700
4 units: $1,156,650

VA loan limits for Bridgeport, CT

1 unit: $601,450

Additional Mortgage Resources for Bridgeport, CT Residents

Mortgage Rates for Connecticut Cities

Bridgeport Mortgage Rates

Hartford Mortgage Rates

Litchfield Mortgage Rates

Middletown Mortgage Rates

New Haven Mortgage Rates

Norwich Mortgage Rates

Tolland Mortgage Rates

Windham Mortgage Rates

Sources

US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs

FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat

Income Growth: https://www.bls.gov

National Average Rates: http://www.freddiemac.com/pmms/

Conforming Loan Limits: https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx

FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm

VA Loan Limits: https://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp

FREEandCLEAR Housing Affordability Index