Mortgage Rates in Bridgeport, Connecticut — March 2026
Updated March 2026 | Based on Bridgeport market data and regional lending conditions
Bridgeport is a growing city in Connecticut with a population of 148,529. The current 30-year fixed mortgage rate in Bridgeport is 6.7%, which is 0.05% above the national average. With a median home price of $285,000 and a 20% down payment of $57,000, homebuyers can expect a monthly principal and interest payment of approximately $1,471.
Current Mortgage Rates in Bridgeport, CT
Below are the current average mortgage rates available in the Bridgeport area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.7% | 6.65% | +0.05% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.3% | 6.25% | +0.05% |
| VA | 6.1% | 6.05% | +0.05% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Bridgeport Housing Market Overview
The Bridgeport housing market offers relatively affordable housing compared to many major cities. The median household income in Bridgeport is $43,250, and the cost of living index is 115.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $84,814 to comfortably afford the median-priced home in Bridgeport, which exceeds the current median household income.
Monthly Payment Breakdown for Bridgeport
Based on the median home price of $285,000 with 20% down ($57,000), here is what you can expect to pay monthly in Bridgeport:
15-Year vs. 30-Year Mortgage in Bridgeport
Choosing a 15-year mortgage in Bridgeport at 5.94% instead of a 30-year at 6.7% would save you $184,500 in total interest over the life of the loan. However, your monthly payment would be $1,917 instead of $1,471 — an increase of $446 per month.
Calculate Your Bridgeport Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Bridgeport
What are the current mortgage rates in Bridgeport, CT?
As of March 2026, the average 30-year fixed mortgage rate in Bridgeport, Connecticut is 6.7%, while the 15-year fixed rate is 5.94%. FHA loans average 6.3% and VA loans 6.1%. These rates are 0.05% above the national average of 6.65%.
How much is a monthly mortgage payment in Bridgeport?
Based on the median home price of $285,000 with 20% down, the estimated monthly mortgage payment in Bridgeport is $1,471 for principal and interest. Including property taxes of $508/month, the total monthly housing cost is approximately $1,979.
What income do I need to buy a home in Bridgeport?
Using the 28% rule, you would need an annual income of approximately $84,814 to afford the median-priced home in Bridgeport at $285,000. The median household income in Bridgeport is $43,250. This means most households would need to either earn above the median or consider homes below $285,000.
Is Bridgeport a good place to buy a home in 2026?
Bridgeport has a moderate cost of living with a cost of living index of 115.5 (national average = 100). The property tax rate in Connecticut is 2.14%, which is above the national average. Bridgeport has a population of 148,529 and offers a balanced lifestyle.
Mortgage Rates in Other Connecticut Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Bridgeport, Connecticut area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.