What is the average mortgage rate in Connecticut in 2026?
Around 7.46% as of October 19, 2026, in line with national average.
Best Mortgage Rates Connecticut 2026
Connecticut has one of the higher-priced housing markets in the Northeast, with an average home value of $425,333 in 2026. Note that Connecticut charges a real estate transfer tax of 0.75% to 2.25% depending on sale price.
30-year fixed
7.46%
National avg
15-year fixed
6.82%
National avg
5/1 ARM
6.82%
National avg
| Product | Rate (APR) |
|---|---|
| 30-year fixed (national avg) | 7.46% |
| 15-year fixed (national avg) | 6.82% |
| 5/1 ARM (national avg) | 6.82% |
Rates verified Oct 21, 2026
Rates shown are national benchmark averages from the site data file, not live quotes from lenders. Confirm pricing with banks and brokers in Connecticut. Not financial advice.
Connecticut at a glance
- Average home price: $425,333
- State income tax: Yes (6.99% top rate)
- Land transfer tax: Yes (0.75% to 2.25% depending on sale price)
- Typical monthly payment: $2,370/mo on $425,333 with 20% down, 30-year term, at 7.46% — excludes taxes, insurance, and HOA.
Frequently Asked Questions
Does Connecticut have a real estate transfer tax?
Yes — Connecticut charges $0.75 to $2.25 per $100 of sale price, approximately 0.75% to 2.25%, one of the higher transfer taxes in the US.
What is the average home price in Connecticut in 2026?
$425,333 — above the national median.
How much do I need to earn to afford a home in Connecticut?
To afford $425,333 with 20% down at 7.46%, you need approximately $100,000–$105,000 annual income.
Connecticut mortgage calculator · Educational reference only. Not financial or lending advice.