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Louisiana Mortgages(LA)Real estate sales rose in the early part of 2006, despite the damage done in the state by Hurricane Katrina. Prices have taken a plunge in New Orleans, because of flood damage to buildings; however, most analysts are optimistic about a return of value as the city rebuilds. Mortgage rates fell slightly in early April, making this a good time to purchase or re-finance a home in Louisiana. Quick Louisiana Housing factsPercent of Louisianans who own a home: 67.9%Percent of Renters in Louisiana: 32.1% Median Louisiana Household Income: $34,147 Best City to live in Louisiana: Mandeville, Louisiana How much house can I afford in LouisianaOne of the biggest problems facing Louisiana homebuyers is figuring out how much house you can afford, especially with the local economy in New Orleans. At Bradford Mortgage we work with lenders who understand your unique situation and want to work with you. Contact us today and let us show you how we can get you into the home of your dreams today.Refinancing in LouisianaThere are a few reasons to refinancing but the biggest ones today are 1) to lock in a fixed rate mortgage and get rid of your old adjustable or interest only loan, and 2) to consolidate all of your high interest debt such as credit cards. No matter what your needs or situation might be, Bradford Mortgage is here to help and get you the best refi on the market.Request a free Louisiana mortgage quote Request a Louisiana Mortgage Quote >>
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