In a recent press release from the Federal Housing Finance Agency (FHFA), house prices have risen 18.7% from the first quarter of 2021 to the first quarter of 2022. The FHFA House Price Index (FHFA HPI®) were up 4.6% compared to the fourth quarter of 2021. more in their press release “U.S. House Prices Rise Read More
Category: CT Homeowner
Connecticut Homeowner
Home Equity
As home values continue to increase in Connecticut many homeowners now have equity in their homes. Home Equity FAQs.
First-Time Homeowner Mortgage Testimonials
First-time homeowners in Connecticut share their testimonials for Burke Mortgage broker services.
A huge spike in home renovations
Observations on recent increases in home renovations and the current housing boom.
CDC Eviction Moratorium Ends
More than 15 million people live in households that may owe as much as $20 billion to their landlords.
Home Sales Highest Level since 2005
Home sales still strong…
We Can Now Offer Fannie Mae RefiNOW
Beginning June 5th, Fannie Mae announced a new refinance option, RefiNOW.
The Connecticut housing market remains HOT!
With limited stock available, potential buyers are often outbidding each other OVER and ABOVE the listed price.
Connecticut has seen an influx in the number of people moving into the state.
MyMoves reports that since the onset of COVID19 Connecticut has experienced an influx of people moving into the state.
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