Connecticut First time homebuyers may never see a better time to buy than right now. The CHFA loan program is now offering 30 year fixed rate mortgages at 4.75%. Here are the chfa mortgage rates as of November 5, 2009:
Homebuyer Mortgage Program
Interest rate: 4.750 % (APR range 4.850 - 5.250 %)
Term - 30 years, fixed rate
Down Payment Assistance Program (DAP)
(Rate listed is for DAP loans with Homebuyer Mortgage Program financing.)__________________________________________________
Interest rate: 4.750 % (APR range 4.850 - 5.250 %)
Term - 30 years, fixed rate
Urban Rehabilitation Homeownership (UR Home) Program
Interest rate: 4.500 % (APR range 4.600 - 5.000 %)
Term - 30 years, fixed rate
Pilot Homeownership and Downpayment Assistance Program for Manchester
Interest rate: 4.500 % (APR range 4.600 - 5.000)
Term - 30 years, fixed rate
Homeownership Program,
Home of Your Own Program,
Police Homeownership Program,
Teachers Mortgage Assistance Program, and
Military Homeownership Program
Interest rate: 4.625 % % (APR range 4.725 - 5.125 %)
Term - 30 years, fixed rate
You can find more news and information about the CHFA Loan program, and Down Payment Assistance programs in Connecticut at www.CHFAMortgageLoan.com or call us directly at (800) 922-3210
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