What Drives Mortgage Interest Rates?

Have you ever wondered why home loan rates fluctuate the way they do? Though it may seem arbitrary, there are a number of forces at work on the interest rate picture. Jason Pike of First Mortgage Company recently sent me this quick overview I thought was a helpful way to understand all the different factors that can impact interest rates. …

Albuquerque Receives $100,000 Living Cities Grant

Albuquerque was one of five cities selected to receive a $100,000 Living Cities grant. According to their website, Living Cities “harnesses the collective power of philanthropy and financial institutions to improve the lives of low-income people and the cities where they live.” An Albuquerque Journal article indicates future funding in the form of grants and low or no interest loans …