{"level":"state","name":"New Mexico","state":"NM","page":"https://www.retrorate.com/assumable-mortgages/new-mexico","parent":{"name":"United States","page":"https://www.retrorate.com/assumable-mortgages"},"counted_as_of":"2026-10-15","market_rate":{"value":7.3,"label":"average 30-year fixed rate","as_of":"2026-10-16","source":"Optimal Blue Mortgage Market Indices (OBMMI)"},"savings_basis":{"comparison":"the assumable loan against a new loan for the same amount, at the same cash to close","includes":"principal and interest only","remaining_term_years":25,"remaining_term_assumed":true},"coverage":{"tier":"B","on_market":"off-market only: counts cover homes with a mortgage carrying an assumable loan"},"figures":{"assumable_homes":100903,"avg_assumable_rate":4.72,"avg_balance":371493,"avg_monthly_savings":435,"rate_bands":{"under_3":11982,"3_to_4":27605,"4_to_5":18204,"5_and_over":43112}},"markets":[{"name":"Albuquerque","page":"https://www.retrorate.com/assumable-mortgages/new-mexico/albuquerque","data":"https://www.retrorate.com/assumable-mortgages/new-mexico/albuquerque.json","assumable_homes":36831,"avg_assumable_rate":4.66,"avg_monthly_savings":259,"on_market_coverage":false},{"name":"Rio Rancho","page":"https://www.retrorate.com/assumable-mortgages/new-mexico/rio-rancho","data":"https://www.retrorate.com/assumable-mortgages/new-mexico/rio-rancho.json","assumable_homes":11915,"avg_assumable_rate":4.65,"avg_monthly_savings":304,"on_market_coverage":false},{"name":"Las Cruces","page":"https://www.retrorate.com/assumable-mortgages/new-mexico/las-cruces","data":"https://www.retrorate.com/assumable-mortgages/new-mexico/las-cruces.json","assumable_homes":9833,"avg_assumable_rate":4.62,"avg_monthly_savings":259,"on_market_coverage":false}],"terms":{"publisher":"RetroRate (Assumable Technologies Inc.)","source":"RetroRate production data, from public data sources and county records","attribution":"Cite as RetroRate, with a link to the page URL.","contact":"press@retrorate.com","documentation":"https://www.retrorate.com/assumable-mortgages"}}