Rising Interest Rates, YES.. but still better than the banks!
Neighborly Home Lending
Neighborly Home Lending LA
Published on November 24, 2020

Rising Interest Rates, YES.. but still better than the banks!

Market Rates Update:

Freddie Mac’s chief economist notes: “Despite higher mortgage rates, the monthly mortgage payment remains affordable.” 

FEDERAL RESERVE WATCH

Forecasting Federal Reserve policy changes in coming months… There is an overwhelming feeling on Wall Street the Fed won’t touch rates this week. But a quarter percent blip is seen in December, then zilch again in January. Note: In the lower chart, a 7% probability of change is a 93% probability the rate will stay the same.

Licensed in Louisiana, and Texas. Neighborly Home Lending has Conventional and Government (FHA/VA/USDA) Mortgages, as well as New Construction Mortgages, FHA 203(k) Mortgages, and many others.

We make the process of securing a mortgage simple and straightforward – with no hidden costs and no surprises.

If you have any questions about our full portfolio of mortgage products and services, please call us at 337-205-3023

NMLS #1677122
Lafayette, LA
218 Rue Beauregard, Ste. i
Lafayette, La 70508
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New Orleans, LA
1229 St Thomas St., New Orleans, LA 70130

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Neighborly Home Lending
Neighborly Home Lending LA
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(337) 806-9940