Laurie Farber-Condon

Conforming mortgage rates softened again slightly  from last week – to a low that we haven’t seen since early Dec, 2010. 

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Friday’s bond market has opened in negative territory after this morning’s economic news failed to motivate buying in bonds. The stock markets are reacting favorably to the news with the Dow up 158 points and the Nasdaq up 43 points.

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Mortgage rates softened slightly for 30-year mortgages, as well as for jumbo mortgages over $600K.  As the economic recovery is gaining strength, however, watch for rates to increase. 

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April 27, 2011
The new external website for Las Campanas mentioned in an earlier update has now been launched and already is attracting renewed interest. It’s a fresh and vibrant design with attractive graphics, and features the latest in navigation systems to make it easy to highlight the Club at Las Campanas’ many amenities. 

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New Mexico Business Weekly
Date: Wednesday, April 27, 2011, 12:58pm MDT
The American Lung Association’s annual “State of the Air Report” cites Santa Fe’s air as among the cleanest in the U.S.

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Rates have remained relatively the same, with some slight downward adjustments for 15-yr jumbo loans, in spite of the S&P warning last week that US Treasuries could receive a less-than-stellar rating, if the U.S. couldn’t get its debt under control.  Amazingly, as the U.S. Congress cannot compromise on a resolution to hitting our $15 trillion debt ceiling in July,

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Chef Fernando Olea from Epazote
Tuesday, May 17  6 p.m. at The Club at Las Campanas
Chef Fernando Olea invokes the mystery of fine Mexican cuisine influenced by the Aztecs and he is renowned for his mole – a thick, saucy blend of toasted and ground spices, seeds, nuts, chocolate, and chile.

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The Mixed Grill at the Las Campanas Clubhouse is serving up an expanded brunch menu on Sunday, May 8, in honor of Mother’s Day.

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