Mortgage Rates in Greenwich, Connecticut — March 2026
Updated March 2026 | Based on Greenwich market data and regional lending conditions
Greenwich is a growing city in Connecticut with a population of 63,518. The current 30-year fixed mortgage rate in Greenwich is 6.89%, which is 0.24% above the national average. With a median home price of $358,000 and a 20% down payment of $71,600, homebuyers can expect a monthly principal and interest payment of approximately $1,884.
Current Mortgage Rates in Greenwich, CT
Below are the current average mortgage rates available in the Greenwich 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 | 6.89% | 6.65% | +0.24% |
| 15-Year Fixed | 6.1% | 5.89% | +0.21% |
| 5/1 ARM | 6.33% | 6.15% | +0.18% |
| FHA | 6.57% | 6.25% | +0.32% |
| VA | 6.32% | 6.05% | +0.27% |
| Jumbo | 7.14% | 6.85% | +0.29% |
Greenwich Housing Market Overview
The Greenwich housing market reflects moderate demand with prices near the national average. The median household income in Greenwich is $82,100, and the cost of living index is 112.1 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $107,486 to comfortably afford the median-priced home in Greenwich, which exceeds the current median household income.
Monthly Payment Breakdown for Greenwich
Based on the median home price of $358,000 with 20% down ($71,600), here is what you can expect to pay monthly in Greenwich:
15-Year vs. 30-Year Mortgage in Greenwich
Choosing a 15-year mortgage in Greenwich at 6.1% instead of a 30-year at 6.89% would save you $240,480 in total interest over the life of the loan. However, your monthly payment would be $2,432 instead of $1,884 — an increase of $548 per month.
Calculate Your Greenwich Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Greenwich
What are the current mortgage rates in Greenwich, CT?
As of March 2026, the average 30-year fixed mortgage rate in Greenwich, Connecticut is 6.89%, while the 15-year fixed rate is 6.1%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.24% above the national average of 6.65%.
How much is a monthly mortgage payment in Greenwich?
Based on the median home price of $358,000 with 20% down, the estimated monthly mortgage payment in Greenwich is $1,884 for principal and interest. Including property taxes of $624/month, the total monthly housing cost is approximately $2,508.
What income do I need to buy a home in Greenwich?
Using the 28% rule, you would need an annual income of approximately $107,486 to afford the median-priced home in Greenwich at $358,000. The median household income in Greenwich is $82,100. This means most households would need to either earn above the median or consider homes below $358,000.
Is Greenwich a good place to buy a home in 2026?
Greenwich has a moderate cost of living with a cost of living index of 112.1 (national average = 100). The property tax rate in Connecticut is 2.09%, which is above the national average. Greenwich has a population of 63,518 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 Greenwich, Connecticut area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.