Contact us for instant answers.

We invite you to experience the Birchwood difference. Fill out the form to the right and a representative will contact you with more information.

CFPB, DOJ take on mortgage discrimination


In the wake of the housing market collapse, some lenders implemented stricter credit standards.

When applying for a mortgage, a consumer's credit score is very important.

Survey: Home prices, mortgage rates expected to rise in 2013


Many respondents feel mortgage rates will increase significantly in the next 12 months.

Last month, consumers were more confident in the housing market and economy than they have been in years.

Unemployment hits four-year low in November


Recent job growth is believed to be a significant factor that contributed to the falling rate.

The national unemployment rate has remained elevated during recent years.

Foreclosure activity improves in third quarter


In the third quarter, there more than 193,000 properties in some stage of the foreclosure process.

Following the real estate bubble burst, the foreclosure rate surged throughout the country.

More consumers gain stable financial footing


Personal income levels increased $400 million in October.

The economy continues to build momentum in the form of rising personal income levels and job growth.

Home prices rise in November, still outpaced by rental rates


Despite the residential property gains, prices throughout the rental market increased at a much faster pace.

Home prices increased significantly so far this year and continued to do so in November as the real estate industry gained additional footing.

Foreclosure activity trends lower in October


During the month, there were an estimated 58,000 completed foreclosures.

Foreclosures weigh heavily on the real estate industry's recovery, but the rate of home repossessions appeared to be improving in October.

Consumers less confident in ability to buy homes


The exact mortgage rate a consumer receives relies heavily on their personal financial standing.

Although mortgage rates hovering near all-time lows makes the prospect of purchasing a home much more attainable for consumers, many people still think purchasing property is out of their financial grasp.

Despite rising property values this year, housing still affordable


Rising personal incomes could make homeownership more affordable for some consumers.

Property values declined more than 30 percent in some areas following the housing market collapse, which has contributed to rising levels of affordability for consumers.

Housing market still on the path to recovery


Last month, construction starts spiked 4 percent from September to an annual rate of 894,000 units.

The real estate industry gained considerable momentum so far this year and is starting to return to levels of activity experienced at the housing market's peak.


Connect with us:

© Birchwood Credit Services 2021. Web Development by CommonPlaces Interactive

Contact|Privacy Policy|Site Map|Security & Technology