Serving All Your Real Estate Needs In Angel Fire, Red River & Taos, New Mexico; Land, Ranches & Unique Homes

4 Numbers That Determine Your Buying Power

If you're serious about buying a home, understanding your finances is a crucial first step.Paying careful attention to these four numbers will make the difference in landing your dream home.

Credit score

Down payment

Debt-to-income ratio

Assets

Understanding the importance of these four numbers and making necessary adjustments before window-shopping can do wonders in ensuring your bank account will be ready when the time comes to make a purchase.

When you are ready to purchase a home, condo or land in Taos or Angel Fire call on the Ladies at New Mexico Mountain Properties. Where we are dedicated to Bringing You The Best in Real Estate in the Enchanted Circle..Perhaps you want to live "green" there are many homes in Angel Fire or Earthships in 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 property on our website. 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!!!

Information Obtained From Trulia

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!!!

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