Rates are low, making it a great time to buy Baton Rouge real estate. As a whole the economy is better than it was a year ago but rates are lower. A year ago a 30 year fixed rate mortgage was averaging roughly 4.78%, this week the average was 3.88%. Rates below 4% make it extremely affordable to buy or refinance Baton Rouge real estate.
Buyers of Baton Rouge real estate are well aware that low rates are dependent on credit history, proof of income, and general good financial standing. It is always a good idea to get pre-qualified for a loan before embarking on the path to home ownership. Meeting with a few lenders to find which one you want to work with is a step in a positive direction.
Contact us today to learn more about buying Baton Rouge real estate. Our experience and knowledge can make your entire transaction a bit easier. We can also recommend a number of lenders to you who can help you understand what your financial parameters which will help you locate the Baton Rouge property that suits your needs.
Call Glenda Daughety and her Team today, (225)-205-2672, for the best in Baton Rouge Real Estate knowledge and service!