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1st QTR 2008 & 2009 RECAP for Greater Albuquerque Area Prices and Sales

Class R1 (Existing Single-Family Detached) Class R1 2009 2008 % of Change Class R-1                    2009                  2008                      ...

A Record Low for Mortgage Rates, Again

Just one week after 30-year mortgage rates fell to a record low of 4.85 percent, the average dropped even further to 4.78 percent this week, Freddie Mac reported. Refinancing activity has picked up because of the low rates, and the Mortgage Bankers Association says approximately 80 percent of mortgage applications came from borrowers seeking to refinance.Source: Boston Globe (04/03/09)

NM Governor Announces Tax Credit Loan Program Helping 1st Time Home Buyers with Down Payment

American Recovery and Reinvestment Act funding creates opportunitiesSANTA FE- Governor Bill Richardson today joined with the New Mexico Mortgage Finance Authority to urge New Mexicans to take advantage of programs that offer historic levels of assistance to first-time homebuyers."During this time of unprecedented economic and social challenges we are seeing that there are indeed opportunities for working ...

Treasury Department unveils FinancialStability.gov

The Treasury Department launched an interactive new Web site Tuesday in an effort to bring about accountability and transparency to the Obama administration's Financial Stability Plan. (CNN) - The Treasury Department launched an interactive new Web site Tuesday in an effort to bring about accountability and transparency to the Obama administration's Financial Stability Plan. FinancialStability.gov, ...

First-time Buyers Drive February Sales

Existing-home sales increased in February, reversing losses in January, according to the latest report by the NATIONAL ASSOCIATION OF REALTORS®. However, sales activity remains relatively soft, reflecting additional layoffs and buyers waiting for housing provisions in the economic stimulus package to take effect, according to NAR.Existing-home sales- including single-family, townhomes, condominiums ...

Stocks jump on bank plan, rise in home sales

By TIM PARADIS, AP Business Writer Tim Paradis, Ap Business Writer 3/23/09 NEW YORK - Wall Street is getting the good news it wants on the economy's biggest problems: banks and housing. Investors have reignited a two-week rally Monday after hearing the government's plan to help banks remove as much as $1 trillion in bad assets from their books. Home sales also showed a surprise increase. The Treasury ...

VIDEO:Timing the Market

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Lt. Governor announces five part plan to stimulate New Mexico housing market.

Lt. Governor Denish Announces Immediate Housing Stimulus Plan Santa Fe - Lt. Governor Diane D. Denish, chair of the New Mexico Mortgage Finance Authority (MFA), today announced a five part plan to stimulate New Mexico 's housing market. "The MFA board and I took stock of the state and federal resources and programs we currently have and refocused them to help New Mexicans now," said Lt. Governor Denish. ...
Viewing Posts tagged New Mexico. 19 Posts Found.
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