The tournament in Mandeville is Amateur Scramble Format.
Northshore Food Bank’s Golf Tournament
Beau Chene Country Club
602 N Beau Chene Dr.
Mandeville, LA 70471
May 9, 2023
10am
Click Here for More Information.
The end of March saw another rate drop for the second week in a row even with the uncertainty stemming from the economy and bank failures. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.42% which was down from 6.60% the week prior. Unfortunately, this is still no match for the 30-year fixed-rate mortgage rate from a year ago at 4.42%.
“Mortgage rates continued to slide down as financial market concerns came to the fore over the last two weeks,” said Sam Khater, Freddie Mac’s chief economist.
“If mortgage rates continue to slide over the next few weeks, look for a continued rebound during the first weeks of the spring homebuying season,” replies Khater.
The Fed will still likely boost the rates a little to offset the volatile economy we are currently in. Robust economic data suggested the Federal Reserve was not done in its battle to cool the US economy and would likely continue hiking its benchmark lending rate. The rate was raised by the Feds at the end of March by a quarter point but the Fed also said that the aggressive rate hikes will more than likely stop.
“Depending on the extent of the impact of a tighter banking sector, Powell expressed a ‘wait-and-see’ approach to further contractionary policy. However, the federal funds rate is expected to remain elevated through the end of the year, meaning that a higher interest rate environment is here to stay for the time being, including for home loans,” says Hannah Jones with Realtor.com.
The rate is based on the yield on 10-year US Treasury bonds which will move according to the Fed’s action. Basically, when the Treasury goes up, mortgage rates will also go up and when the Treasury goes down, so do mortgage rates.
“At the current price and mortgage rate level, the typical housing payment on a median-priced home is 43% higher than one year ago,”said Jones.
Tavi, located at 330 N Hampshire Street in Covington is a Northshore cousin to Shaya. Chef Fariz Choumali, the executive chef at Tavi, has worked for BRG Hospitality as an executive chef. He and his wife moved to New Orleans after visiting the city and felt like it was home.
“Beirut, where I’m from, shares a French culture and vibrancy with New Orleans. The first time I went to the French Quarter, with its architecture, music and culture, I felt at home. People come from all over the world to eat food here. I knew this city was for me,” explains Choumali.
Tavi opened its doors in January in Covington and shares many dishes with Shaya but he has also added some Lebanese street dishes. “Here we have so many regulars. People were waiting for this food. Covington doesn’t have a place like New Orleans, so our opening was a big deal to the community,” he says.
Tavi is located in a former barber shop that has been converted into the 85-seat restaurant. There is tons of natural lighting along with a 10-seat bar and a wood-fire oven. Tavi is named after one of the partner’s grandsons and is the Hebrew word for good.
Patrons will enjoy foods like buttermilk-soaking fried chicken spiced with turmeric and coriander, hummus, house-pickled vegetables and wild mushrooms with sage brown butter in za’atar-spiced hazelnuts. The Lebanese dishes include arayes, a grilled pita sandwich stuffed with ground kafta or seasoned lamb. Confit chicken is another dish that is cooked in duck fat and served with basmati rice.
The 10-seat bar offers some unique cocktails for patrons. The Road to Kfar is made of sumac-infused tequila, pom liqueur, lime juice and hibiscus syrup. Wines are also served that are Californian, Lebanese, French and Israeli along with beer from Greece and Lebanon.
“I still call my mom with questions about recipes. She can cook everything,” says Choumali.
This run will have tacos and the end in Mandeville.
Q50 Races – Cinco de Mayo
May 6, 2023
9am
Fontainebleau State Park
62883 Hwy. 1089
Mandeville, LA 70448
Free for spectators (+$3 park entry fee); Racers’ entry fees vary.
Friday Nites on the Square
May 5, 2023
5L30pm
TerraBella Village – in front of the restaurant
141 Terra Bella Blvd.
Covington, LA 70433
Enjoy the picnic with family and friends in Mandeville
Mandeville Family Reunion
May28, 2023
10am – 7pm
Mandeville Lakefront
Lakeshore Drive
Mandeville, LA 70448
Admission: Free!
