While mortgage rates have come up a bit from recent record low rates, they are still hovering in what is a historically low interest rate range. A question we frequently hear is “When are mortgage rates going up again?”. In 2020, we shared that the experts predicted interest rates would go up around the month
If you’re purchasing a home or property in New Mexico, or your are refinancing your current home loan, you already know that interest rates are the lowest in history. This is a great time for homeowners and new home buyers to lock in these low mortgage rates, and save thousands of dollars in interest over
There are several steps in the actual mortgage process, as a home loan moves from application to funding. At Indigo Mortgage, we have developed a system to streamline that process and keep your mortgage moving quickly. To do that, we have created three departments: origination, set up, and processing. Indigo Mortgage is a mortgage broker,
As consumers know, mortgage interest rates continue to be at the lowest levels in history. This has given many New Mexico home owners and potential home owners the incentive to take advantage of these low rates. Because there are so many loan applications in the pipeline, all lenders are experiencing a major back log. Borrowers
At Indigo Mortgage, we often get calls from New Mexico home owners who are considering a refinance but they wanted to get some advice on whether it’s the right thing to do. We don’t take those requests lightly as these are real people trying to make serious decisions for themselves and their families. Here are