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04.03.23 Mortgage Rates Update

Average Interest Rates April

On Monday, Nerdwallet released the average mortgage rates in the country.

Table showing Average Interest Rates for 30-Year, 15-year, & 5-Year Mortgages for 2023
Table showing Average Interest Rates for 30-Year, 15-year, & 5-Year Mortgages for 2023

Rates ticked up week to week, with the 5-year Adjustable Rate Mortgage having the sharpest increase.

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 February Snapshot now! 

If you have any questions about strategizing whether to buy now or later, please feel free to contact 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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