May data available!
Author: John Burke
A Discussion on Mortgage Forbearance
In April DS5 Inside The Industry published an article and video about the current state of mortgage forbearance in the real estate industry. In the video the host Rachel Williams discusses forbearance with Dr. Mark A. Calabria the director of the Federal Housing Finance Agency (FHFA). Forbearance, in the context of a mortgage process, is a special Read More
Connecticut Mortgage Payment Relief During COVID-19 Crisis
Connecticut residents experiencing economic hardships due to the COVID-19 pandemic may receive a 90-day grace period to make mortgage payments.
COVID-19 and The Mortgage Industry
During the COVID-19 pandemic and Connecticut’s Stay Safe, Stay Home order, Burke Mortgage is operational and continues to serve residents as they seek mortgages for purchase or refinance needs.
Burke… Mortgage Buyer Beware
Mortgage Buyer, Do you know who your lender is?
What Happened to Mortgage Rates Last Week?
The short holiday week felt an unexpected push for lower mortgage rates attributed to the escalating concern over the Coronavirus.
A Very Profitable Year for Home Sellers
Here’s a quick look at the real estate seller’s market in 2019 Did you know that homeowners selling their homes made more profit in 2019 than they did in 2018. And these profits have hit the highest levels since 2006. (Reference: according to ATTOM Data Solution’s US Home Sales Report.) Nationwide, home sellers saw a Read More
2020 Conforming Loan Limits Increased
Burke Mortgage is pleased to announce that the 2020 FHFA loan limits will be available for conventional loan registrations and rate locks beginning Tuesday, December 3, 2019.
Burke Mortgage Actively Looks for Ways to Save YOU Money
Yes, a mortgage can save your money. When looking for a mortgage or refinancing an existing mortgage everyone is interested in how they can save money. Here are some 5-start reviews from Google Review from clients of ours: Mortgage “If you are buying a home in Connecticut don’t do it without calling John first! He Read More
The Housing Market Update
and the 2019 Beige Book Release Mortgage-backed securities lost just -5 basis points (BPS) from last Friday’s close which caused fixed mortgage rates to remain at their best (lowest) levels of 2019 for the sixth week in a row. Overview: We had a solid round of domestic economic data with very strong ISM Services and Read More