With COVID -19 disrupting the mortgage market, there have been many unexpected changes. Below is an update as to where things are in the mortgage industry, according to the Indigo New Mexico team. As consumers know, mortgage interest rates have declined and are currently the lowest in history. With that being said, there are still
With rates for home loans reaching historical lows once again, many are wanting to make new home purchases or refinance their existing home mortgage loans. At Indigo Mortgage, we want to give New Mexico borrowers some advice on what questions to ask and what information they need to receive a quality mortgage rate quote. When
It is evident that COVID-19 has had a huge impact on many areas of life, specifically the job market and employment. The team at Indigo Mortgage New Mexico is here to inform you of changing loan programs during the pandemic. Because of the uncertainty, COVID-19 has had on people’s employment, many loan programs are harder
During these uncertain times, there are many options available for homeowners when it comes to their home mortgage loan, specifically mortgage forbearance. The team at Indigo Mortgage is here to help educate you about mortgage forbearance and to help you decide if it is right for you. Right now, many large mortgage companies are offering
With everything going on, it is important to stay patient. This is something we want to encourage our mortgage borrowers to do when going through the process for a home loan. Here’s why. The mortgage market is currently experiencing a lot of changes. This is due to the effects of COVID-19 on the production side
At Indigo Mortgage New Mexico, we consider ourselves true mortgage brokers. Here are a few things that set us apart from other types of mortgage lenders and home mortgage companies. According to research done by the Consumer Financial Protection Bureau, when it comes to Freddie Mac and Fannie Mae loans, 50-75 percent of borrowers do
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