Conn. Mortgage Rates Flat Despite Wall St. Drama
Mortgage rates in Connecticut have stayed fairly flat over the last week, despite upheaval in the country’s financial markets. Rates in the Nutmeg State increased 1 percent to 5.88 percent, up from 5.82 percent the week before, according to Seattle-based online real estate service Zillow. On a national level, mortgage rates have remained relatively flat over the past week, with rates for 30-year fixed mortgages increasing slightly to 5.78 percent, up from 5.77 percent the week prior according to the Zillow Mortgage Rate Monitor. Mortgage rates for 15-year fixed and 5-1 adjustable rate mortgages have remained steady at 5.42 percent and 5.47 percent, respectively.