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Category: Industry News

Mortgage industry updates, market trends, and local Connecticut regulations.

September Connecticut Mortgage Update

September Connecticut Mortgage Update

Posted on September 3, 2018September 17, 2024 by Burke Mortgage

As of September 1st the  average 30-year fixed mortgage rate in Connecticut remained stable at 4.40%. Connecticut mortgage rates today are 1 basis point higher than the national average rate of 4.39%.

Posted in Industry News
Zillow 2018 Housing Market Predictions

Zillow 2018 Housing Market Predictions

Posted on January 8, 2018September 17, 2024 by Burke Mortgage

Zillow has dusted off its crystal ball for 2018 housing market predictions, and the forecast is laced with both new and ongoing housing market trends. Looking into the new year, Zillow predicted that the ongoing inventory shortage will persist, with more existing homeowners opting to remodel and stay in place rather than try to elbow Read More

Posted in Industry News
Home Builder Optimism

Home Builder Optimism

Posted on January 4, 2018September 17, 2024 by Burke Mortgage

Highest Level Since 1999! National Association of Home Builders survey findings shows that builder optimism for newly-built single-family homes has increased to the highest reported level since July 1999… over 18 years ago.

Posted in Industry News
Breaking Mortgage News

Breaking Mortgage News

Posted on December 14, 2017September 17, 2024 by Burke Mortgage

The FEDs, the Senate, Phishing, & Mortgages

Posted in Industry News
All About CT Property Taxes

All About CT Property Taxes

Posted on October 16, 2017September 17, 2024 by John Burke

Your monthly mortgage payment including the principal and interest is the largest component of home ownership. Often the taxes on the property are the second highest cost of home-ownership and is greatly impacting homeowners.

Posted in Industry News
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