This just in from Dimond Mortgage of Taos regarding interest rate increase.
Interest Rates:
Interest rates (assumptions made for 740 credit score, purchase, primary residence) have increased from a pre-election low of 3.75% to post election increase of 4.25-4.375%. Although not a significant increase, the determining factors are positive employment/economic indicators as well as opinions that the business sector will benefit from the election of this President and stocks have reacted positively. Stocks and mortgage interest rates correspond to the same trajectory with normal market conditions; this is holding true at present with both increasing.
So with that in mind maybe you want to turn to a new home in Taos or Angel Fire. Are you looking to sell your Angel Fire or Taos property call on us.Perhaps you want to live "green" there are many homes in Angel Fire or Taos to choose from.you can access the Taos MLS system from this website if you do not find the perfect Angel Fire or Taos on our website. We are dedicated to bringing you the best in real estate in the Enchanted Circle. If buying or selling Angel Fire property call us at (575) 377-2626. Maybe you want the perfect Taos get away to fuel your artistic side call us at (575) 758-5852. We have lots and larger parcels for sale in Taos and Angel Fire to build your "Dream Home". To speak directly to a broker call Paula at (575) 770-3306. We are here to welcome you to our growing community....the mountains are calling!!!