01.23.23 Mortgage Rates Update

January 23, 2023 Average Interest Rates

On Monday, Nerdwallet released the average mortgage rates in the country. Rates ticked up from the week prior but are still lower than at the start of the year.

The Federal Reserve Bank will meet on Jan 31st and Feb 1st. So we’ll be watching closely to see what happens.

What do we see in the New Orleans Market? Check out our Monthly New Orleans Market Review, which comes out the second Thursday of the month! Read the December Snapshot now! 

If you have any questions about strategizing whether to buy now or later, please feel free to reach out to our team of Real Estate Advisors. We can help you make the wisest decision for you!

Questions? Reach out to one of our advisors for a chat! 

Link to full Nerdwallet article: https://www.nerdwallet.com/article/mortgages/mortgage-interest-rates-forecast

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