Zillow has dusted off its crystal ball for 2018 housing market predictions, and the forecast is laced with both new and ongoing housing market trends. Looking into the new year, Zillow predicted that the ongoing inventory shortage will persist, with more existing homeowners opting to remodel and stay in place rather than try to elbow Read More
Author: Burke Mortgage
Home Builder Optimism
Highest Level Since 1999! National Association of Home Builders survey findings shows that builder optimism for newly-built single-family homes has increased to the highest reported level since July 1999… over 18 years ago.
2018 Loan Limits Update
The Federal Housing Finance Agency (FHFA), Federal Housing Administration (FHA), and Department of Veterans Affairs (VA) have issued new, higher loan limits for 2018.
Breaking Mortgage News
The FEDs, the Senate, Phishing, & Mortgages
HUD Updates their Guides to Allow for a Repair Escrow
Great news!! HUD has recently updated their guides to allow for a repair escrow up to $10,000.
Grateful and Sharing New Home with Seeing Eye Dogs
Burke Mortgage did an amazing job of getting a great loan rate and in record time! We got in quickly and soon afterwards Yvette came to train in our home.