Residential Real Estate

Freddie Mac Weekly Mortgage Rates

Freddie Mac Weekly Mortgage Rates

Fixed mortgage rates increased for the seventh consecutive week, with the 30-year fixed mortgage rate reaching 4.40 percent in this week’s survey; the highest since April of 2014.

New Budget Holds Hidden Tax Benefits

New Budget Holds Hidden Tax Benefits

Call it buried tax treasure for homeowners: Deep inside the behemoth 654-page bipartisan budget bill recently signed into law by President Donald Trump are little-noticed extensions of key tax-code benefits that expired in 2016, but now can be used for upcoming 2017 tax filings.

Pearce’s Mary Jane Burt Named Top Producer for 2017

Barbara L. Pearce, CEO and president of Pearce Real Estate, recognized Residential Sales Associate Mary Jane Burt as 2017’s top individual residential producer for the company’s New Haven office. She was also named a top producer companywide.

CHFA Sells $118M in Fixed-Rate Bonds

The Connecticut Housing Finance Authority recently offered up $118 million in bonds rated AAA and Aaa by S&P Global and Moody’s.

Mortgage Applications Increase Despite Rising Rates

Mortgage applications increased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 2.