Mortgage rates for Albuquerque, New Mexico go down to 3.00%

Mortgage rates for Albuquerque, New Mexico on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Albuquerque, New Mexico is now at 4.56%.

Albuquerque Market Trends

Albuquerque is a city in central New Mexico.  It is the largest city in the state, and accounts for about half the population of New Mexico, with about 846,000 people residing in its metropolitan area. This city has distinct seasons and a spectacular climate. The city is surrounded by nature and offers many outdoor recreational opportunities, while the city itself has received growing attention from Hollywood and the film industry as a setting for feature films.

The average listing price for homes was $244,116 for the week ending January 1, which was unchanged compared to the previous week.

Notable communities in Albuquerque include Taylor Ranch and Ventana Ranch, with average home listing prices of $202,981 and $184,230.

Lender411.com will help you find the best mortgage interest rates by putting you in touch with a qualified Albuquerque mortgage lender who can find you the right loan.

 

 

 

Lenders in: Albuquerque, New Mexico.