Moving can be a stressful and difficult time for children as well as adults. When children are forced from their familiar surroundings they experience a vast array of emotions. Children can feel scared, angry, anxiety and grief when they learn they are moving. It is important to ease the transition into a new home, below […]
Albuquerque Museum of Art & History Offers Free Day
The first Wednesday of the month and every Sunday from 9 a.m. to 1 p.m, is free entrance to the museum. It is easy to find, located in a unique position—in the heart of historic Old Town and just across the street from the New Mexico Museum of Natural History. The museum regularly features exhibitions, […]
SHOULD I RENT, OR SHOULD I BUY?
With the media telling us ‘The Sky is Falling’, should you rent, or should you buy? Let’s take a minute to find out – SHOULD I RENT, OR SHOULD I BUY?
WHAT ARE PIGGYBACK LOANS?
Bank of Albuquerque Mortgage What Are Piggyback Loans? Depending on the lender or broker you’re talking to, Piggyback loans are also called: a. Combo Loans b. 80/10, 80/15, 80/20, 75/25 loans Piggyback loans combine a 1st mortgage (usually 75 – 80% of the appraised value, to avoid PMI), with a “piggyback” 2nd mortgage (usually 10%, […]
WHAT’S THE REAL STORY ON THE HOUSING MARKET?
Improvement in Mortgage Market Bodes Well for Housing in 2008 WASHINGTON, October 10, 2007 – Conditions in the mortgage market are improving for consumers, which should help to release some pent-up demand in early 2008, according to the latest forecast by the National Association of Realtors®. Lawrence Yun, NAR senior economist, notes that widening credit […]