Get the link for the Do Not Call List and some questions you can ask when mortgage companies solicit you.
Author: Burke Mortgage
FHA Financing News
Great news for Home Buyers seeking FHA Financing!! In an effort to reduce the nations’ home affordability challenges, FHA will lower its annual Mortgage Insurance Premium by .30% -from .85% to .55%! This change will take effect on March 20 and is expected to save FHA loan borrowers, primarily low- and middle-income and first-time buyers, an Read More
Fixer-Uppers vs Move-In Ready
Changing home buyer trends show that fixer-uppers are not as popular as they used to be.
Hartford Connecticut Expects to Lead Housing Market in 2023
WTNH cited 2023 housing predictions for Hartford.
Great FHFA News
The FHFA recently announced…
Fast in Connecticut
All things continue to move fast in CT ….just look at what happened to this Halloween pumpkin in West Hartford! Getting properly pre-qualified by Burke Mortgage to help beat your competition and secure your contract on the home of your dreams!
Who is spending more on housing? Gen X or Gen Z?
annual housing spend…
How Independent Mortgage Brokers Create Value for Homeowners
Independent mortgage brokers, like Burke Mortgage, help homeowners save both time and money!
Mortgage Backed Securities & Major Economic Reports
It may seem virtually impossible for you to keep track of what is going on in the world, economy, and politics that can impact the housing and mortgage markets. Mortgage Backed Securities are the only thing government and conventional mortgage rates are based upon.
Increasing inflation and pending recession… what does this mean for those looking to obtain a mortgage to purchase a home? In an effort to fight inflation and avoid recession the Federal Reserve is increasing interest rates. Today, June 15th, the Federal Reserve is hiking the rate by 0.75% in a bid to tackle the mounting Read More