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

Week to week, there were small movements in interest rates, with the largest rate increase being the 30-year mortgage. These moves are in line with what we expected after the Federal Reserve increased interest rates by another .25%.

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 March 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