The state of the world today during the COVID 19 virus has made an impact on many areas of life, one of which includes the housing market. During this unprecedented time, here’s what you should know about home mortgages and what the New Mexico market looks like right now in May 2020. Due to uncertainties
With home mortgage interest rates reaching an all-time low again, many homeowners are thinking of refinancing. There are some lenders out there promoting no closing cost mortgages, however, these come with a lot of fine print. Here’s what you need to know about these offers. At Indigo Mortgage New Mexico, we believe that there is
There have been many changes in the world recently. Those changes include fluctuations in home mortgage rates. Here’s how Indigo Mortgage can help borrowers lock in lower rates with our Ticker List. Consumers will be happy to know that rates have finally come down and are starting to reach the historical lows we saw about
With everything going on in the world, many programs have gone into effect to help those in need. Below we will cover a new program that allows homeowners affected by COVID-19 to receive assistance with their home mortgage payments. The government has stepped in and is lending a helping hand to lenders so they can
As you know, due to COVID-19, New Mexico has now enforced a shelter in place. Indigo Mortgage New Mexico is considered an essential business under this ruling, which has allowed us to continue to serve the people of New Mexico. When the shelter in place was initially issued, we weren’t sure it would apply to
Everything going on in the world has had a huge impact on the stock market as well as home mortgage rates, especially in New Mexico. Below is our take on what’s going on and how we can help. The federal government recently dropped the federal interest rate to zero percent, however, it’s not what most people think. When
With all that’s going on today in the world, Covid-19 is at the forefront of many of our thoughts. It’s important during uncertain times like these to remain positive and look on the bright side of things. At Indigo New Mexico, we know that God still loves us, our families, and is giving us an
Over the last week here in mid-March 2020, there have been dramatic swings in the stock market as well as with mortgage interest rates. With that being said, it can be confusing when it comes to the decision to refinance or not. The experts at Indigo Mortgage New Mexico are here to help. A week
When purchasing a home, it’s very important to take the interest rate of the home loan into consideration, however, there are also other things to consider when looking for a mortgage. As of March 2020, mortgage interest rates are at a historic low in New Mexico. It is also a seller’s market. These two things
We all know how stressful purchasing a home can be. It’s important to have a brief knowledge of what you are getting in to before diving deep into the real estate market. Here’s the difference between pre-approval and pre-qualification, and how they affect you as a buyer. Today’s real estate market is a seller’s market,