If you need assistance, please call 504-345-1000

The Blanchard Group Keller Williams Realty Blog

Monday, November 16, 2015   /   by Anthony Dazet

Average US rate on 30-year mortgage jumps to 3.98%

WASHINGTON —Average long-term mortgage rates jumped for a second straight week as expectations grew that the Federal Reserve may soon raise its key short-term interest rate, The Associated Press reports.The Federal Home Loan Mortgage Corporation says the average rate on a 30-year fixed-rate mortgage rose to 3.98 percent from 3.87 percent last week, the highest level since July.The Fed recently indicated a rate hike could come at its next meeting in December, the AP reports.

Read More

Wednesday, October 14, 2015   /   by Anthony Dazet

6 challenges for homebuyers in New Orleans and elsewhere - NOLA.com

By Greg LaRose, NOLA.com | The Times-Picayune Email the author | Follow on Twitter on October 14, 2015 at 7:07 AM, updated October 14, 2015 at 11:39 AM

Recent home shoppers know it's a sellers' market, not only in New Orleans but also throughout the United States. The lack of existing inventory and new construction means buyers don't have much bargaining power, especially in popular neighborhoods.
These competitive conditions are forcing an increasing number of prospective buyers to stay out of the market, opting instead to rent or remain in their current home rather than upgrading. First-time buyers accounted for 23 percent of U.S. home purchases in 2014, down from 26 percent in 2010.
These were among the trends Paul Bishop noted in his presentation Monday (Oct. 12) at the fifth annual Economic and Real Estate Forecast Symposium. The vice president of research for the National Association of Realtors took part in the two-day event at Loyola Unive ...

Read More

The Blanchard Group Keller Williams Realty
Jennifer Blanchard
3197 Richland Ave
Metairie , LA 70002
Hung Le
(504) 210-6697

Each office is independently owned and operated/Licensed in the State of Louisiana

Copyright 2019 New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. “Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.