The recent decline in interest rates could benefit you.
Category: Industry News
Mortgage industry updates, market trends, and local Connecticut regulations.
Is a Reverse Mortgage Right for You in 2024?
Connecticut seniors facing financial challenges in a hot real estate market? Learn if a reverse mortgage can help.
Connecticut Real Estate Market Update: Buyers vs. Sellers
Connecticut’s housing market in 2024 is a tale of two sides. Here’s a quick breakdown of the key trends for buyers and sellers…
Connecticut Mortgage Broker Burke Mortgage Welcomes 2024 Loan Limit Increases!
Exciting news for homebuyers and homeowners in Connecticut, as the FHFA, in tandem with Fannie Mae & Freddie Mac, announced an increase in loan limits.
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…