Trumbull Area Real Estate

Mill Rate Update

What is a mill rate? The mill rate is the amount of tax paid per dollar of the assessed property value. The rate is expressed in mills; one mill is one tenth of a cent. How are property taxes determined? The total assessed value of your home is multiplied

$7500 Tax Credit for First Time Homebuyers: FAQ

Thanks to William Raveis Mortgage for providing the following information regarding the new tax credit for first-time homebuyers: FIRST-TIME HOMEBUYER TAX CREDIT Frequently Asked Questions As part of its major housing legislation (H.R. 3221), Congress

Mortgage Rate Update

Here are the latest mortgage rates from Jack Greer of William Raveis Mortgage: Mortgage Rates for CT Product Interest Rates Annual Percentage Rate 15 YR Fixed Conforming 5.875% 6.165% 15 YR Fixed Jumbo 6.250% 6.471% 30 YR Fixed Conforming 6.375% 6.554%