Overview of Current Industry Sentiment According to the latest Dallas Fed Energy Survey, oil producers in New Mexico and Texas are facing a challenging landscape, with little change in production levels despite ongoing concerns about market conditions. Conducted from December 3-11, the survey gathered insights from 131 executives across the oil and gas sector, highlighting…
Current Mortgage Rate Landscape The average long-term mortgage rate in the United States has seen a slight decline, settling at 6.21% for the week ending December 18, 2025. This represents a minor drop from 6.22% the previous week and is considerably lower than the 6.72% rate recorded a year ago, according to data from Freddie…
Understanding the Recent Business Closures Albuquerque is witnessing a wave of business closures that raises critical questions about the health of its local economy. Notable establishments like the east downtown location of the Range Cafe, which has served the community for 20 years, will close on December 27, 2025, due to the sale of the…
As we look ahead to the housing market in 2026, various macroeconomic factors will play a significant role in shaping the landscape for buyers, sellers, and investors alike. Experts predict a period of modest growth, driven by shifts in mortgage rates, employment trends, and regional dynamics. Macroeconomic Influences on Housing Prices Analysts forecast that mortgage…