-
Published 12 August 2024 The Federal Home Loan Mortgage Corporation (Freddie Mac) announced on August 8 that the interest rate on the popular 30-year fixed-rate mortgage dropped to 6.47 percent from 6.73 percent a week earlier. At the same time, the 15-year rate dropped to 5.63 percent. While the lower rates will make it easier
Read More -
Aug 05, 2024 Mortgage lending and shoe stores are both retailersPublished 5 August 2024 When Las Cruces renters Steve & Mari decided to purchase a home, their first hurdle was to research their financing options. What size down payment will they need? Will there be closing costs? How much income will they need to qualify? And the big question: which lenders offer the lowest combination
Read More -
Published 29 July 2024 Home sales are slowing nationwide, and the same holds true in Las Cruces. Numerous indicators pulled from the archives of the Las Cruces Association of Realtors (LCAR) on July 24 enumerate them in chilling detail. Below are nine local indicators which confirm that buyers are gaining a distinct advantage in our
Read More -
Published 22 July 2024 Credit and home buying go together like peanut butter and chocolate. Of late, hackers and identity thieves have left a bad taste in the mouths of many prospective homebuyers. A perfect example was the hacking a few years ago of consumer data from credit files maintained by Equifax, one of our
Read More -
Jul 15, 2024 Why do some Las Cruces home sales fail to close?
Published 15 July 2024 No one likes it when a home sale falls through. The seller, the buyer, the agents, the lender and others who put time, effort and sometimes money into the process all suffer to one extent or another when a transaction dies on the vine. Some transactions fail due to undisclosed property
Read More -
Published 8 July 2024 A few years ago, I received an urgent email from my sister. The subject line read “Found Money!” She went on to explain that on a whim she decided to search the internet for databases containing the names of people who are owed money for one reason or another. To her
Read More
© 2024 Gary Sandler - Website Developed by: Digital Solutions