West Baton Rouge Real Estate Buzz

Fannie Mae: Economic Growth Likely to Accelerate – Rising Interest Rates a Risk, But Housing Expected to Remain Resilient

"We continue to expect an acceleration in real gross domestic product (GDP) growth and employment in the coming months as vaccinations progress further, warm weather arrives, and the recently passed stimulus bill takes effect. Home sales are likely to be minimally affected by rising mortgage rates to date, though a further jump in rates is a risk..."

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Economic Growth Likely to Accelerate – Rising Interest Rates a Risk, But Housing Expected to Remain Resilient | Fannie Mae We continue to expect an acceleration in real gross domestic product (GDP) growth and employment in the coming months as vaccinations progress further, warm weather arrives, and the recently passed stimulus bill takes effect. Home sales are likely to be minimally affected by rising mortgage rates to...

Due to coronavirus, Baton Rouge area assessors are considering lowering property tax assessments Louisiana's stay-at-home order, from which the state is still gradually emerging, has landed a gut punch on the state 's economy, which has shed jobs, burned through unemployment compensation benefits