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Enchantment State News

Tuesday, April 8, 2025

News from February 2024

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AG Raul Torrez: ‘The FTC and Congress must act to ensure fulsome regulation of PBMs nationwide’

By Enchantment State News | Feb 22, 2024

State Attorney General Raul State Attorney General Raul Torrez (D-New Mexico) sent a letter to U.S. Congressional leadership this week saying Congress should “act to ensure fulsome regulation of pharmacy benefit managers (PBMs). (D-New Mexico) sent a letter to U.S. Congressional leadership this week saying Congress should “act to ensure fulsome regulation of pharmacy benefit managers (PBMs).

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VA provides 911 home loans in New Mexico totaling $293.2 million in Q4 2023

By Enchantment State News | Feb 21, 2024

The U.S. Department of Veterans' Affairs (VA) issued 911 home loans totaling $293.2 million in New Mexico during the fourth quarter of the fiscal year 2023, according to the Veterans' Affairs Home Loans Index.

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VA home loan amount averages $321,802 in New Mexico for Q4 2023

By Enchantment State News | Feb 20, 2024

The average VA loan amount in New Mexico during the fourth quarter of the fiscal year 2023 was $321,802, according to the Veterans Affairs Home Loans Index.

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Average VA Purchase Loan amount in New Mexico declines from Q3 to Q4 2023

By Enchantment State News | Feb 20, 2024

The average VA Purchase Loan amount for New Mexico in the fourth quarter of fiscal year 2023 was $327,564, according to figures provided by the Veterans Affairs Home Loans Index

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Average VA home loan amount in New Mexico falls in Q4 2023

By Enchantment State News | Feb 19, 2024

The average VA home loan amount in New Mexico during the fourth quarter of the fiscal year 2023 was $321,802, a 1.4% decrease from the previous quarter, according to the Veterans Affairs Home Loans Index.

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Number of VA loans issued in New Mexico decreases by 46.0% from 2022 to 2023

By Enchantment State News | Feb 19, 2024

The U.S. Department of Veterans Affairs (VA) issued 3,761 home loans totaling $1.2 billion in New Mexico during the fiscal year 2023, according to the Veterans Affairs Home Loans Index.

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New Mexico ranks 35th in total VA home loans during Q4 2023

By Enchantment State News | Feb 19, 2024

New Mexico ranked 35th in VA home loans in the fourth quarter of 2023 with 911 loans issued, according to the Veterans' Affairs Home Loans Index.

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New Mexico ranked 34th in average VA home loan amount in Q4 2023

By Enchantment State News | Feb 17, 2024

With $321,802 in home loans issued, New Mexico ranked 34th in average loan amount for VA home loans in the fourth quarter of fiscal year 2023, according to the Veterans' Affairs Home Loans Index.

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VA provides 22.4% fewer purchase loans in New Mexico for 2023 vs. 2022

By Enchantment State News | Feb 15, 2024

The number of VA purchase loans in New Mexico for 2023 was 2,990 and totaled $970.4 million, according to figures provided by the Veterans Affairs Home Loans Index.

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New Mexico ranked 30th among U.S. states in total VA home loans during 2023

By Enchantment State News | Feb 15, 2024

New Mexico ranked 30th in VA home loans in 2023 with 3,761 loans issued, according to figures provided by the Veterans Affairs Home Loans Index.

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VA issues fewer Interest Rate Reduction Refinance Loans in New Mexico in 2023 vs. 2022

By Enchantment State News | Feb 15, 2024

The VA issued 3,761 Interest Rate Reduction Refinance Loans in New Mexico during the 2023 fiscal year, totaling $1.2 billion, according to figures provided by the Veterans Affairs Home Loans Index.

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VA Purchase Loans in New Mexico average $327,564 for Q4 2023

By Enchantment State News | Feb 15, 2024

The average VA Purchase Loan amount for New Mexico in the fourth quarter of fiscal year 2023 was $327,564, according to figures provided by the Veterans Affairs Home Loans Index.

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New Mexico sees inflation increase as of January 2024

By Enchantment State News | Feb 1, 2024

As of January 2024, New Mexico experienced a 20.4% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 17.9% increase.