The amount guaranteed is subject to negotiation between the FDC and the lender. loan guarantees per year and target an average guarantee amount of $250,000 per transaction. â¢ Term: The maximum guarantee term is seven years, and the average term is about three years.
In New Iberia, LA the median home price is $103,400 and $40,117 is the median household income. As a result, the home price to income ratio in New Iberia, LA is 2.6x, which is 17% lower than the Louisiana average.
Lecanto Real Estate Stats and Trends for the week of October 12th, 2015: homes priced around $315,779 compared to $315,099 the previous week, for a slight increase of less than +1% . For Tuesday, October 13th, the current national mortgage rate for a 30 year fixed mortgage is 3.90% ; the 15 year fixed rate is at 2.89% .