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Housing upsurge

Just under 20,000 home sales were reported to the Realtors Association of New Mexico during the year that just ended, a 6.4 percent increase over the previous year, fueled in part by low interest rates. Homeowners were prompted to pull the trigger before rates went higher, said association officials.

Mortgage interest rates moved to the highest level since 2014 last week. According to the Mortgage Bankers Association, last week’s average mortgage loan rate for a conforming 30-year fixed-rate mortgage increased from 4.36 percent to 4.46 percent, its highest level since April 2014.

With rates still low by historic standards in 2016, buyers moved quickly and sellers benefitted from a stellar year. New Mexico’s housing market contributed more than $4.5 billion in volume generated by real estate sales last year, the most money making its way into the economy since the association began compiling statistics.

Not too surprisingly, Bernalillo and Sandoval counties, where most of the state’s jobs are concentrated and the largest number of residents live, registered more than half of those single-family home sales, with 7,511 and 2,348 transactions, respectively.

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As a six-year veteran in the outdoors sports industry, Moynihan Greenbaum has worked in sales management and merchandising at Eddie Bauer, Starbucks, Unionbay and Coal Headwear, and in roles such as vice president of Sales with Pow, Inc.

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Linda Kazynski joined HL Commercial Real Estate. The firm said she specializes in the leasing and sales of office and retail properties in Marin County.

Prior to joining HL, Kazynski worked at financial services firm Charles Schwab. Kazynski also worked as a publicist for Sony Pictures Entertainment in Los Angeles.

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Caroline Fuller , Denise Stovall and Alexis Lorenz affiliated with Vanguard Properties offices in Sonoma County.

Fuller is working out of the company’s Santa Rosa office. She became a real estate agent in 2003 and obtained her broker’s license in 2006.

Does anyone know much about Affiliated Mortgage Company in Monroe, LA?

My new mortgage has just been sold to this company. Since I will be making monthly payment to this company for many years to come, I would like to know more about it but can't seem to be able to find out much from the Internet.