Mortgage Interest Rates Hit 30-yr Low in New Orleans Real Estate Market

February 24, 2009 § Leave a comment

As the media overwhelms you with negativity of how “bad” the real estate and mortgage industries are, let me offer some positive news. Mortgage Interest Rates are at a 30-Year Low!  How long with this incredible opportunity last? It is rumored that 30-year fixed rates will continue to stay around 5% through the summer. Of course, no one really knows since there are many factors tied to rates, but I’ll take this for now! How about you? The January 2008 rate dipped to 4.96% – a 30-yr low. If you have a home that you plan on living in for at least another three years, and your current interest rate is more than 6.5% you may want to explore refinancing. I have a few awesome loan professionals that will provide you with excellent customer service and are committed to offering sound mortgage advice to my referrals. I am happy to refer you to one of them. Of course, the consultation is free without obligation. Refinancing may not be in your best interest, but it only takes a few minutes of your time and may be worth checking in to. If you already own your home and have been thinking about moving for a number of different reasons, please give me a call for a “Highest Price Analysis”. Although, we are experiencing a market that tends to favor buyers, you may have the right situation to take your equity and move up to a larger, newer, better home and take advantage of lower interest rates plus benefit from the Home Buyer Tax Credit! As your personal real estate adviser, you can trust my 14 years experience to provide options designed to help you achieve your real estate goals. Being the best takes a special commitment – especially in trying times. Below is some information that proves that RE/MAX associates continue to lead the competition in helping buyers and sellers with their greatest investment… their home… The Numbers Are In! Based on our 2008 sales volume and number of transactions, RE/MAX New Orleans Properties was the # 1 RE/MAX office in the entire New Orleans Metropolitan Area for the THIRD YEAR IN A ROW! We are the # 2 RE/MAX office in the State of Louisiana. Thank you for your business and your referrals–without you this would not be possible! For more information about the New Orleans Real Estate Market please call 504-905-9101 or email


New Orleans Real Estate on the Move

February 14, 2009 § Leave a comment

With the Stimulus Plan approved it is now time to get down to business.  Most investors would agree to buy low and sell high. Well, right now home prices are the lowest they’ve been in years. Interest rates are hovering around 5%, there are plenty of homes to choose from, and seller concessions are practically the norm.  If you need sound real estate advice that you can bank on please e-mail me at  I GUARANTEE that I will save you money on the New Orleans real estate that you purchase!

Where Am I?

You are currently viewing the archives for February, 2009 at Luke D Jones - New Orleans Real Estate.

%d bloggers like this: