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Smart Ways to Use Your Home Equity for Remodeling

For many Americans, a home purchase will be the biggest transaction of their lifetime. Beyond the initial purchase, homeowners often seek to renovate or upgrade a beloved home at some point during their ownership. Home equity, the difference between a home’s current value and the remaining mortgage, can be a valuable financial resource for funding home remodeling. In this article, … Continue reading

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Exploring College Costs by Major

Facing rising tuition costs and a higher cost of living, students in New Mexico and around the country are considering both the costs and benefits of higher education institutions and degree programs. In New Mexico, majors in engineering, computer/information sciences, and nursing provide the strongest return on investment in higher education and are available from well-respected colleges and universities throughout … Continue reading

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Expenses New Homeowners Should Prepare For

Are you preparing to take that big step into homeownership? Before doing so, it’s a good idea to have a thorough understanding of different types of homeownership expenses you may encounter after the purchase of your new home. In this guide, you will find a detailed list of the expenses that a new homeowner should prepare for, tips on setting … Continue reading

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Checklist to Summer-ize Your Home in New Mexico

New Mexico is known for extremes in its climate, ranging from severe winters to sunburned summers across the state. These dramatic swings in weather conditions can take a toll on houses in New Mexico, resulting in high monthly air conditioning bills and maintenance costs or even damage to a cherished home. Read on for our summer home maintenance checklist of … Continue reading

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The Complete Guide to Consolidating and Paying Off Debt

With economic challenges and ongoing attempts from the Federal Reserve to curb inflation with higher interest rates, many consumers in New Mexico and elsewhere are experiencing anxiety about their ability to pay off personal debt. Credit cards, student loans, mortgages, and other debts can seem overwhelming to manage and the stress of falling behind on payments can make it more … Continue reading

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What is a Business Line of Credit and How Does It Work?

There are 158,844 small businesses in New Mexico that make up 99% of total businesses in our state. If you are a small business owner in Northern New Mexico, you know all about the ups and downs of running a business, including dealing with seasonal or one-time cash flow shortages. Do you need short-term funding to cover operational expenses during … Continue reading

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Truck Month Toyota of Santa Fe Sales Event

Del Norte Credit Union invites you to experience a special Truck Month Sales Event with our partners at Toyota of Santa Fe! From Wednesday, September 21 through Sunday, September 25, finance your next new or used car with us at Toyota of Santa Fe and you’ll get .25%¹ and 90 days with no payments². Extra appraisers will be on hand … Continue reading

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Is Now The Time To Buy An Electric Vehicle?

Lured by the potential to permanently leave gas stations and their high prices in the rear-view mirror, many consumers are seriously considering the purchase of their first electric vehicle(EV). Before committing to ownership of an EV, shoppers would be well-advised to ask and answer a set of practical questions prior to signing on the dotted line. Is now the right … Continue reading

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FINANCIAL TEA IN THE MORNING: SEASON 2, EPISODE 6

Financing Any Student’s Educational Future: FAFSA Tips with Ruben Reyes, New Mexico Educational Assistance Foundation Ready for back to school? Whether you’ve got a college freshman about to spread their wings or a high school graduate intent on certification in a skilled trade, the bill for whatever comes next will arrive sooner than you think. Hosts Andrea Klunder and Josh … Continue reading

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How to Pay for Home Renovations

Whether you’re dreaming of a chef’s kitchen, modern bathroom, or home addition, you’re not alone. Many homeowners have been remodeling instead of moving during a tight real estate market. Whether you’re looking for renovation projects that will add lasting value to your house or just trying to change things up to work better for you, you’re probably wondering about the … Continue reading