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Windham

Current Mortgage Rates in Windham, Connecticut

Compare mortgage rates and fees for leading lenders in Windham, 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 Windham.

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

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Mortgage Rates in Windham, CT as of October 21, 2019
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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 Windham, CT Mortgage Rates Compare?

October 21, 2019

The current average rate for a 30 year fixed rate mortgage in Windham 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
Windham, 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 Windham, Connecticut?

The median home value for Windham, CT is $202,373

The median household income for Windham, CT is $64,465

Based on current mortgage rates and a 10% down payment, you need to make $37,547 per year to buy the median priced home in Windham

The home price you can afford to buy based on household income in Windham is 172% of the median home value which means housing prices are average

Windham ranks 2 out of 8 counties in Connecticut and 2,166 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Windham, CT is average

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Loan Limits for Windham, Connecticut

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Windham below.

Conforming loan limits for Windham, CT

1 unit: $484,350
2 units: $620,200
3 units: $749,650
4 units: $931,600

FHA loan limits for Windham, CT

1 unit: $327,750
2 units: $419,550
3 units: $507,150
4 units: $630,300

VA loan limits for Windham, CT

1 unit: $484,350

Additional Mortgage Resources for Windham, 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