Low rates good for home buyers - KPLC 7 News, Lake Charles, Louisiana

Low rates good for home buyers

By Jason Belk - bio | email

SULPHUR, LA (KPLC) - With rates for home buyers very low, now seems to be the perfect time to make a purchase.

Shawn and Yvonne Burgamy, from Sulphur, are on the market for a new home.

"We are contemplating, thinking about buying a new home at this time. We currently own an older home and we wanted to upgrade to something newer," said Shawn.

The news about mortgage rates being at record lows certainly have made the Burgamys feel the time for buying is now.

"Well, it is a buyer's market right now, and it's an opportunity for people looking for newer housing or upgrading housing. Which is currently what we're doing," said Shawn.

Debbie LaFleur, an agent hosting the open house the Burgamys were visiting today, has really seen an increase in selection for potential home buyers.

"It's a great opportunity, and another thing is you have a good selection of homes on the market that are available to buy, so it's a great time to start shopping and get looking," said LaFleur.

While the market is good for home buyers right now, Debbie also thinks it's important for them to do their homework and know where their price range stands before looking.

"What it takes to qualify to buy a home and once you get that, then you'll have a realistic view of the price of the home that you need to shop for, and how much money it will cost you out of your pocket to proceed to buy the home that you want, and to get to that closing table," said LaFleur.

The Burgamys still have plenty of searching to do for their next home, but the improved market is certainly making the process easier.

LaFleur also recommends that before searching for a home, it is very important for potential home buyers to get pre-qualified by talking with their bank or a mortgage professional.

Copyright 2010 KPLC. All rights reserved.

  • More Local NewsNewsMore>>

  • BREAKING

    Congressman: Bayou Bridge Pipeline approved

    Congressman: Bayou Bridge Pipeline approved

    Friday, December 15 2017 10:43 PM EST2017-12-16 03:43:58 GMT
    (Source: KPLC)(Source: KPLC)

    The Army Corps of Engineers plans to issue the necessary permits for the Bayou Bridge pipeline, according to a news release from the office of Congressman Clay Higgins. The news release said Colonel Michael Clancy, of the Army Corps of Engineers, announced Thursday that the New Orleans District has concluded its environmental assessment and will issue necessary permits to Bayou Bridge Pipeline, LLC. Higgins office says the pipeline is a $750 million investment that is estimated...

    More >>

    The Army Corps of Engineers plans to issue the necessary permits for the Bayou Bridge pipeline, according to a news release from the office of Congressman Clay Higgins. The news release said Colonel Michael Clancy, of the Army Corps of Engineers, announced Thursday that the New Orleans District has concluded its environmental assessment and will issue necessary permits to Bayou Bridge Pipeline, LLC. Higgins office says the pipeline is a $750 million investment that is estimated...

    More >>
  • Daigle attorneys seek trial delay and different parish for change of venue

    Daigle attorneys seek trial delay and different parish for change of venue

    Friday, December 15 2017 8:40 PM EST2017-12-16 01:40:13 GMT

    Defense attorneys for Kevin Daigle were in state court on Friday asking for his trial to be delayed again and that the judge choose a different place to pick a jury. Daigle also was in court. He's accused of first-degree murder of State Trooper Steven Vincent in 2015.

    More >>

    Defense attorneys for Kevin Daigle were in state court on Friday asking for his trial to be delayed again and that the judge choose a different place to pick a jury. Daigle also was in court. He's accused of first-degree murder of State Trooper Steven Vincent in 2015.

    More >>
  • Tips for combating viruses during the winter

    Tips for combating viruses during the winter

    Friday, December 15 2017 7:53 PM EST2017-12-16 00:53:58 GMT

    If many of your co-workers weren't in the office recently, it's no coincidence. Many of us in Southwest Louisiana have fallen victim to a number of viruses floating around. 

    More >>

    If many of your co-workers weren't in the office recently, it's no coincidence. Many of us in Southwest Louisiana have fallen victim to a number of viruses floating around. 

    More >>
Powered by Frankly