Scotland, CT Mortgage Rates and Refinance Rates

Mortgages in Scotland, CT: Find the best Scotland, CT mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Scotland, CT, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Scotland, CT. Another option is searching for Scotland, CT refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Scotland, CT mortgage rates or refinance rates.

Search and Compare Scotland, CT Mortgage Rates & Refinance Rates

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 06101, All points, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
3.178%
2.990%
USD
Rocket Mortgage Logo
NMLS # 3030
07/13/2020
at 2.000 pts
45 day lock rate
Est payment: $1,264
Fees in APR: $7,250
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
3.362%
3.250%
USD
Rocket Mortgage Logo
NMLS # 3030
07/13/2020
at 1.000 pts
45 day lock rate
Est payment: $1,306
Fees in APR: $4,250
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
3.909%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
07/13/2020
at 0.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $1,250
From the lender: We can close your loan in less than a month!
 

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





Scotland, Connecticut Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Scotland, CT are the most popular type of mortgages rates you can find advertised for home buyers in Scotland, CT. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Scotland, CT mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Scotland, CT banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Scotland, CT conforming mortgage rates and refi rates lower than Scotland, CT jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Scotland, CT home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Scotland, Connecticut

Jumbo mortgage rates in Scotland, CT are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Scotland, CT and adjustable mortgage rates in Scotland, CT. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Scotland, CT make.

Scotland, Connecticut Fixed Mortgage Rates and Fixed Refinance Rates

Scotland, CT fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Scotland, Connecticut Adjustable Mortgage Rates

Adjustable Scotland, CT mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Scotland, CT are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Scotland, CT. Most adjustable mortgages in Scotland, CT have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



Google Map for Scotland, CT Rates & Resources


Scotland FDIC Insured Banks

There are no FDIC insured banks in Scotland