Exciting news for homebuyers and homeowners in Connecticut, as the FHFA, in tandem with Fannie Mae & Freddie Mac, announced an increase in loan limits.
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The Most Frequently Asked Questions About Mortgages
The most common questions about mortgages typically revolve around understanding the process, terms, and implications of taking out a home loan.
Why Should I PreQualify for a Mortgage?
Prequalifying for a mortgage offers numerous benefits throughout the home-buying process.
Did you pay cash for your home or investment property?
If you paid cash for a property delayed financing may off an opportunity for you. Ask Burk Mortgage about delayed financing, call 860-649-5363 (LEND)
Trigger Leads: Don’t Be Exploited by the Credit Bureaus
Get the link for the Do Not Call List and some questions you can ask when mortgage companies solicit you.
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…