Today's Connecticut (CT) Mortgage Rates

Connecticut (CT) Mortgage Rates & Mortgage Loan Data – Prior Year

Mortgage Actions Taken

Loan originated: 855,821
Loan purchased by the institution: 311,675
Application denied by financial institution: 298,502
Application withdrawn by applicant: 153,235
Application approved but not accepted: 86,284
File closed for incompleteness: 56,420
Preapproval request denied by financial institution: 125
Preapproval request approved but not accepted: 30

Purpose of Loans

Refinancing: 1,094,710
Home purchase: 543,091
Home improvement: 124,291

Mortgage Types

Conventional: 1,429,059
FHA-insured: 290,981
VA-guaranteed: 33,554
FSA/RHS-guaranteed: 8,498

Mortage Actions by Applicant Race

White: 1,243,976
Information not provided by applicant in mail, Internet, or telephone application: 212,265
Not applicable: 155,070
Black or African American: 87,709
Asian: 52,962
American Indian or Alaska Native: 5,570
Native Hawaiian or Other Pacific Islander: 4,540

Mortage Actions by Applicant Ethnicity

Not Hispanic or Latino: 1,304,391
Information not provided by applicant in mail, Internet, or telephone application: 205,526
Not applicable: 155,502
Hispanic or Latino: 96,673

Mortage Actions by Applicant Sex

Male: 1,003,059
Female: 480,267
Not applicable: 155,220
Information not provided by applicant in mail, Internet, or telephone application: 123,546

Mortage Actions by Agency Name

Department of Housing and Urban Development: 488,745
Consumer Financial Protection Bureau: 393,369
Office of the Comptroller of the Currency: 364,547
Federal Deposit Insurance Corporation: 189,121
Office of Thrift Supervision: 165,267
Federal Reserve System: 83,612
National Credit Union Administration: 77,431

Mortage Actions by County

Fairfield County: 473,374
Hartford County: 438,432
New Haven County: 391,089
New London County: 134,438
Litchfield County: 96,564
Middlesex County: 95,962
Tolland County: 74,625
Windham County: 56,131
Unknown: 1,477

Mortage Actions by City

Hartford, West Hartford, East Hartford – CT: 608,873
Bridgeport, Stamford, Norwalk – CT: 473,266
New Haven, Milford – CT: 390,963
Unknown: 145,649
Norwich, New London – CT: 134,367
Worcester – MA, CT: 8,974

Mortage Denial Reasons

Unknown: 1,533,438
Collateral: 59,230
Debt-to-income ratio: 55,299
Credit history: 48,022
Other: 26,295
Credit application incomplete: 24,340
Unverifiable information: 7,663
Insufficient cash (downpayment, closing costs): 4,453
Employment history: 2,768
Mortgage insurance denied: 584

HOEPA Status of Mortage Loans

Not a HOEPA loan: 1,762,020
HOEPA loan: 72

Lien Status of Mortage Loans

Secured by a first lien: 1,313,020
Not applicable: 311,675
Secured by a subordinate lien: 111,569
Not secured by a lien: 25,828

Owner Occupancy Status of Mortage Loans

Owner-occupied as a principal dwelling: 1,650,809
Not owner-occupied as a principal dwelling: 104,271
Not applicable: 7,012

Mortgages by Property Type

One-to-four family dwelling (other than manufactured housing): 1,753,294
Multifamily dwelling: 5,234
Manufactured housing: 3,564

Mortgages by Purchaser Type

Loan was not originated or was not sold in calendar year covered by register: 902,774
Fannie Mae (FNMA): 243,168
Freddie Mac (FHLMC): 148,481
Affiliate institution: 138,270
Ginnie Mae (GNMA): 105,776
Other type of purchaser: 83,865
Commercial bank, savings bank or savings association: 76,279
Life insurance company, credit union, mortgage bank, or finance company: 52,425
Private securitization: 11,051
Farmer Mac (FAMC): 3