New Orleans Homes, Mandeville Homes and Covington Homes, real estate for sale in Louisiana - Team LaPlace, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
NUMBER1EXPERTS" Sell More Homes
NUMBER1EXPERTS" Sell More Homes
Contact Information
Email Team LaPlace
Login
Go To Sitemap
Team LaPlace

School Reports
See the nation's top rated reports for Schools in New Orleans, Mandeville and Covington >










Sitemap - Local Information
Welcome > Sitemap > Local Information ...

New Orleans, Mandeville and Covington Information:

  • About New Orleans, Mandeville, and Covington - Moving to New Orleans, Mandeville and Covington, Louisiana? Get info here...

  • School Reports - Reports for New Orleans, Mandeville and Covington schools kindergarten, elementary, and high schools.

  • Relocating? - Free real estate information & relocation package if you're relocating to New Orleans, Mandeville and Covington, in St. Tammany Parish LA.

  • Go to Main Sitemap - Main sitemap sections include Find New Orleans, Mandeville and Covington Homes, For Home Buyers, For Home Sellers, New Orleans, Mandeville and Covington Information, Real Estate Resources, and About Team LaPlace.

 

Please Sign Up For The Latest Listings and the Latest Real Estate News 

*Your Name:
*Your Email Address:
Send Latest Listings: What is this?
Send Latest News: What is this?

Your Message or Comments:
* Please note that fields marked with an asterisk are required.


Email With Confidence
Quick Response Guarantee >
Your Privacy Is Guaranteed >
Free & Without Obligation >


Real Estate Tips
Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

See All Tips In The "Financing Your Home" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What is the oldest U.S. capitol in which a state legislature still meets in its original chambers?

A 
New Hampshire's State House
See More Real Estate Trivia >


Print This Page Send To A Friend


Team LaPlace, REALTOR®, real estate agent and broker for New Orleans, Mandeville and Covington, Louisiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Team LaPlace
Keller Williams Realty Services - Mandeville

1522 West Causeway Approach
Mandeville, LA 70471
Each office is independently owned & operated
Phone Diane: 985-727-7103
Phone Yvette: 504-722-1608
Phone Office: 985-727-7000
Email: dianelaplace@NUMBER1EXPERT.com

"Great Properties - Extraordinary Service" Licensed in Louisiana

REALTOR Equal Housing


www.TeamLaPlace.com is brought to you by Team LaPlace
NUMBER1EXPERT™ in real estate for New Orleans, Mandeville and Covington, Louisiana

Read Team LaPlace's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge



USA and Canada Real Estate - NUMBER1EXPERT
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.

www.TeamLaPlace.com is brought to you by Team LaPlace