|Connecticut Real Estate at a Glance:|
|Population:||3,590,347||Est. % of all sales that are short-sales:||47%|
|Land Mass in Square Miles:||5,543.33||Property Taxes % of Home Value:||1.63%|
|Median Home Value:||$291,200|
Here are today’s average mortgage loan interest rates for the state of Connecticut.
Connecticut is the 29th largest state in terms of population, but 48th in terms of land mass. This population-to-land-mass ratio may be a contributing factor to its ranking of 7th highest in the nation for median home price. Connecticut is also the 7th highest in the nation for property taxes, making the cost of homeownership relatively high when compared to the rest of the country.
Monitor Connecticut’s home loan interest rates by using this report. Then take this information and compare it to the country’s overall average mortgage rates.