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Enchantment State News

Friday, November 22, 2024

News from April 2022

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New Mexico ranks 38th in the U.S. for the most total taxes paid in 2021

By Enchantment State News | Apr 1, 2022

In 2021, New Mexico collected $7.5 billion in total taxes, ranking it 38th in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

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VA provides 15.1% fewer home purchase loans in New Mexico in 2nd quarter

By Enchantment State News | Apr 1, 2022

There were 922 VA home purchases in New Mexico in the second quarter of the VA's fiscal year 2022, totaling $277.2 million in loans, according to figures provided by the Veterans Affairs Home Loans Index.

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New Mexico receives $85.8 million in VA Interest Rate Reduction Refinance Loans during Q2

By Enchantment State News | Apr 1, 2022

The VA issued 360 Interest Rate Reduction Refinance Loans in New Mexico during the second quarter of fiscal year 2022, according to the Veterans Affairs Home Loans Index.

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Average VA IRRRL loan amount in New Mexico increases from Q1 to Q2

By Enchantment State News | Apr 1, 2022

The average VA interest rate reduction refinance loan (IRRRL) amount in New Mexico during the second quarter of fiscal year 2022 was $238,240, according to figures provided by the Veterans Affairs Home Loans Index.

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New Mexico collects $1.1 billion in sales and gross receipt tax revenue in Q1 2022

By Enchantment State News | Apr 1, 2022

New Mexico collected $1.1 billion in sales and gross receipt taxes during the first quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico ranked 29th in nation with rental vacancy rate of 5.4% in Q1 2022

By Enchantment State News | Apr 1, 2022

New Mexico ranked 29th in the nation in the first quarter with a rental vacancy rate of 5.4 percent, according to the U.S. Census Bureau.

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New Mexico's income tax revenue up 1,013% in year since Q1 2021

By Enchantment State News | Apr 1, 2022

New Mexico collected $630 million in individual income taxes during the first quarter of 2022, a 1,013% increase over the same period the previous year, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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New Mexico's income tax revenue up 20.7% in Q1 2022

By Enchantment State News | Apr 1, 2022

New Mexico collected $630 million in individual income taxes during the first quarter of 2022, a 20.7 percent increase over the previous quarter, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

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Q1 2022: New Mexico's combined tax revenues down 20% since Q4 2021

By Enchantment State News | Apr 1, 2022

New Mexico collected $3.1 billion in total tax revenues during the first quarter of 2022, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

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VA’s Interest Rate Reduction Refinance Loans in New Mexico average $224,322 for Q1

By Enchantment State News | Apr 1, 2022

The VA’s Interest Rate Reduction Refinance Loans in New Mexico for the first quarter of fiscal year 2022 averaged $224,322, according to figures provided by the Veterans Affairs Home Loans Index.