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 →
Are you thinking about taking that big step toward homeownership in New Mexico? Building equity, reaping tax benefits, setting down roots in a community, and customizing a home to your own tastes are just a few of the advantages of owning a home. In this Guide to Buying a Home for Young Adults & First-Time Homebuyers, we’ll provide you with … Continue reading →
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 →
While New Mexico is known for its pleasant climate, temperatures can fall sharply overnight, and the higher in elevation you are, the colder you can expect the temperature to be. Winter in New Mexico is the driest season of the year. Still, snow can fall in mountain areas and the valleys can see rain over the winter. So, winterizing a … Continue reading →
Thinking about purchasing your forever home? Del Norte Credit Union is here to help you navigate this unfamiliar process. Join us for our first State of Your Credit Union, a virtual open house series designed to bring our members and our communities valuable information to get you financial fit. Episode 1 will cover the home-buying process with our guests from … Continue reading →
Are you considering a major home renovation or repair for your house in New Mexico? Home improvement projects have been popular during the pandemic, with everyone spending more time at home and looking to refresh and repurpose their space. Interest rates have also been historically low lately, making it a great time to tap the equity in your home for … Continue reading →
Along with rising optimism comes rising mortgage rates, according to a recent report from FreddieMac, which also notes that rates “remain near historic lows.” So, if you’re considering a mortgage refinance, you haven’t missed the boat on historically low rates, but you don’t want to wait too long. Why refinance your mortgage in New Mexico? Perhaps you want to save … Continue reading →
It’s important to choose financial partners that are making a difference. That’s why Del Norte Credit Union is helping feed New Mexico families this winter with the help of The Food Depot! Between November 23 – December 31, choose DNCU for your next checking account, auto loan or mortgage and we will make a contribution on your behalf. FOR EVERY … Continue reading →
Actively considering refinancing your mortgage? It could be a smart move. With interest rates hitting new lows in response to the unprecedented economic consequences of the COVID19 pandemic, many New Mexicans are investigating the potential savings of a refinanced home mortgage. As with all major financial transactions, it pays to understand what you’re agreeing to. Understanding the terminology, commitment and … Continue reading →
Perhaps you have been a loyal bank customer all your life, partnering with one branch to open new accounts and tend to other financial services. Now, as you’re taking the next steps to invest in your first home, you’re reaching out to the same bank to learn about their mortgage and financing options. While there is something to be said … Continue reading →
