Archive for the 'Community' Category

Cheaper to Buy Than Rent in 78 Percent of Major Cities

April 28th, 2011

Written by Frost Mortgage

Owning a home is more affordable than renting in 39 of the nation’s 50 most-populated cities, based on the latest quarterly rent vs. buy index from Trulia. Falling home prices and rising rents make buying cheaper in 78 percent of cities, up from 72 percent in the previous quarter; the price-to-rent ratio fell quarter-to-quarter in most of the 50 cities. Las Vegas is the top locale to buy vs. rent, followed by Phoenix; Arlington, Texas; Fresno, Calif.; Miami; Mesa, Ariz; Jacksonville, Fla.; Sacramento, Calif.; Detroit; and Omaha, Neb.

 

Inman News (04/28/11)

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Albuquerque’s housing market still unsettled

November 19th, 2010

Written by Frost Mortgage

The Albuquerque housing market reached a new low in October, and there are foreboding signs that it will continue falling through next spring.

Closed sales of existing homes declined 37.6 percent compared to Oct. 2009, according to the latest report from the Greater Albuquerque Association of Realtors.

Many thought the market had bottomed last year, and were surprised by the steep October drop. They now say 2009 was a false bottom, and with foreclosures on the rise, the market is heading toward its ultimate depths.

The Albuquerque metro region’s housing market has been sliding since early summer, when government subsidies …

New Mexico Business Weekly – by Steve Ginsberg

Read more: Albuquerque’s housing market still unsettled | New Mexico Business Weekly

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Thanking Local Heroes: Frost Will BBQ for APD

July 9th, 2010

Written by Frost Mortgage

Frost Mortgage proudly supports the people who make our country and our communities great–especially those who selflessly protect us.

On Tuesday, July 13, from 1 to 3 p.m., at 2051 Wyoming Blvd. NE in Albuquerque (map), we will be grilling free Nathan’s Hot Dogs for members of the Albuquerque Police Department.

These men and women are heroes–they work daily to make our communities safe and they aren’t thanked enough. Please help us spread the word to these public servants–lunch is on us!

The aroma of grilled hot dogs and fresh donuts will be in the air in our neighborhood that week, as Albuquerque’s second Krispy Kreme donut shop opens the same day at 5:30 a.m. across the street from the Frost Mortgage national headquarters across from the Wyoming Mall. The Krispy Kreme team will be joining us in honoring the Albuquerque Police Department. Beginning at 1 p.m. and continuing through 3 p.m., officers can stop by the Wyoming Frost Mortgage office, located directly across from the new Krispy Kreme location for free donuts.

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Frost Mortgage continues to give back and kicks off great summer with a cook-off

June 23rd, 2010

Written by Frost Mortgage

Frost Competing in the 3^rd Annual Grillin N Chillin In New Mexico BBQ & Chili Cook-Off State Championship to Benefit Local Charitable Initiatives

Frost Mortgage Banking Group (Frost) is excited to kick-off a great summer by participating in the 3^rd Annual Grillin N Chillin in New Mexico BBQ & Chili Cook-Off State Championship this weekend. Proceeds from the event will go towards feeding the homeless and providing outreach ministries to those in need.

The event, sanctioned by the International Barbecue Cookers Association (IBCA) and sponsored by Faith Temple Church Of God In Christ (C.O.G.I.C.), will also feature salsa and chili contests, food vendors, entertainment, prizes and more.

“At Frost Mortgage, we believe there are a few fundamental things that bring true joy to life, such as our homes and food,” said Greg Frost, President of Frost Mortgage Banking Group.  “We’re excited to once again bring out the slow cooker, provide people with great food and support the people in our community who need it most.”

This event allows Frost to share both its passion for delivering quality expertise and mortgage lending services and its passion for food and community service with people in New Mexico.

The event takes place on Friday, June 25, from 12 p.m. to 8 p.m., and Saturday, June 26, from 9 a.m. to 5 p.m. at Isleta Lakes and Recreation Area. Admission is $4 per person, while children 12 and under are free.

For more information about this event, please call Sandra Perro at (505) 554-7841.

Just in the past few months, Frost has been a part of the annual New Mexico Pork ‘n Brew and was featured in a commercial on the new show New Mexico’s Hot Chefs.

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[Photos] Art show a big success for Frost in Lancaster, CA

June 21st, 2010

Written by Frost Mortgage

Branch Manager Robert Shaffer of Frost Mortgage in Lancaster, California, has held a string of art exhibits that bring the community together. We told you recently that their newest show would feature not only their current in-house artists, but also some of the best high schoolers from around the Antelope Valley.

We’re pleased to present some photos from the event, which was a big success:

You may also be interested in photos of some of Lancaster’s other events: http://frostmortgage.com/events/#0610Lancaster

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