 By ADAM DAIGLE | Acadiana Business Editor Good morning, Acadiana. Let's get down to business on this morning. The slowdown of the real estate market continues. The Lafayette area had the biggest year-over-year drop in mortgages to purchase a home among the state’s five metros in the second quarter, and the refinance mortgages dropped over 50%. What's more telling? Rising home prices have resulted in a national median down payment that rose 34% in the second quarter, while the median loan amount was at $320,000, up 8% from the first quarter. You can read the story here. Have a great day and see you back here Friday morning. |