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Connecticut Mortgage Rates and Home Loan LendersFinding the lowest mortgage rates is a goal of every home owner who lives in Connecticut. Comparing mortgage offers to ensure you are working with the best mortgage lender who will provide you with the best rate, fees and service should be the goal of every home owner or perspective home owner when they are beginning the process of shopping for a new home mortgage. Consumers can leverage the power of the Internet to shop and compare lenders for refinance and purchase mortgage loans. If you are a consumer with good or bad credit you may be eligible to qualify for a mortgage loan from Fannie Mae, Freddie Mac or a FHA loan through the department of HUD. Home owners can apply for both first and second mortgage loans as well as programs such as reverse mortgage loans, loan programs that are geared for individuals of retirement age who are looking for the opportunity to free up their montly budgets and eliminate monthly house payments. The state of Connecticut is likely to have lender state specific guidelines for purchase and refinance home loans, first and second homes, investment properties, condos. Consumers who are shopping for the best mortgage rates and loan terms should compare good faith estimates from both local and national lenders to get the best loan terms. Consumers who are purchasing an investment property, condo or second home in Connecticut may want to compare local lenders in the area as well as national lenders to ensure they are receiving the most favorable mortgage loan terms. We can help you compare Connecticut mortgage rates and loan terms for: Bridgeport, Greenwich, Hartford, New Haven, Norwalk, Stamfor and the entire state of Connecticut
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Rates, News & Advice Articles
June 13, 2011
The stock market tried to mount a rally on Monday, but finished the day relatively flat, a growing signal that the pessimism in the market may be around to stay for the summer. The DOW was up almost 100 points in early trading action as investors were looking to buy into some bargains from the sell...
QRM Yet Another Federal Blunder In Fixing The Housing Market
QRM – Qualified Residential Mortgages is probably the dumbest idea the government has rolled out in the past 24 hours. An idea whose origination stems from the colossal collapse of the economy and U.S. housing markets would ensure the collapse of the American Real Estate Market. The simple economics...
June 4, 2011
The continued decline in stock prices, weakness in housing and the employment markets over the past sixty days has very few silver linings. The one area that has benefitted from the market changes is the mortgage market, where fixed home mortgage rates have continued to improve. Loan rates dropped to...
May 26, 2011
May has been a great month for the mortgage market as long term interest rates have moves substantially lower this month following a dip in bond yields. The ten year treasury bond move below 3.1 this week, over seventy basis points off of its high levels of the year. The correlation to fixed mortgage...