Taos, New Mexico (NM) Mortgage Brokers
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  Below you will find a list of mortgage resources for Taos, New Mexico. This list will help find mortage brokers in Taos, NM to assist you with your home loan needs.
   

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Below is a list of Mortgage Brokers - Mortgage Lenders in the Taos, NM area. 

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Milagro Home Lending Corporation
Taos, New Mexico Mortgage Brokers: Home Loans, Refinance, and Home Equity Loans
Stephen Johnson  -   (P)1-800-738-9347   (F)(505) 751-1717   
216 Paseo del Pueblo Norte Ste. E - Taos, New Mexico 87571
www.MilagroHomeLoans.com


   
 

 
Important Websites for Taos, New Mexico
 National Association of Mortgage Brokers
 Mortgage Bankers Association
 NATIONAL  AVERAGES CURRENT CHANGE
30 Yr Fixed 6.63% 0.37%
15 Yr Fixed 6.18% 0.40%
1 Yr ARM 5.49% 0.39%
Fed Prime 5.00% -0.25%
30 Yr Tres 4.70% 0.04%
 
Important Information for the Taos, New Mexico Area
County: Taos   Elevation: 6952 ft   Timezone: MST
Latittude: 36.40722   Longitude: -105.5725
How many people live in Taos (Population)? 4,700
How many homes are in Taos (Housing Units)? 2,466
What is the Population Per Square Mile? 875
How many Housing Units Per Square Mile? 459
How big is Taos, NM(Total Area)? 5 Sq M
How much water is in Taos (Water Area)? 0 Sq M
How much land is in Taos (Land Area)? 5 Sq M
  **Informational Purposes Only - If you find incorrect information please email us.
 
 
  Mortgage Tip #3: Consider a 15 Year Mortgage Over a 30 Year Mortgage

A 15 year mortgage will likely raise your monthly but can save you thousands in interest expense.

Example:

30 year mortgage on $150,000 at 6.5% - Over 30 years you will pay a total of $191,317 in interest.

15 year mortgage on $150,000 at 6.5% - Over 15 years you will pay a total of $85,199 in interest.

As you can see from this example the 15 year mortgage will save you $106,118.
  		 
 
   
 
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