Debt Servitude In Santa Fe: A Visual Overview, With Numbers

SFR's year-end issue has a brief overview of how New Mexico and Santa Fe County fared economically in 2009. The short answer is,

worse than was reported

.

Here's a little holiday bonus: Background research. These cold numbers may be small consolation if you're among the unemployed, or the employed-but-broke, but then again, at least you'll know you're not alone.

The map below links to the New York Fed's

, where you can see how Santa Feans are doing when it comes to

repaying their credit cars, student loans and mortgages on time

.

But wait, there's more.

These Excel spreadsheets have loads of state-by-state data on the performance of non-prime mortgage loans. Right-click to download them

and

. They show that 8.1 percent of alt-A (read: slightly better than subprime) mortgages, and

10.5 percent of subprime mortgages in New Mexico are in foreclosure

.

Curiously, they also show that New Mexicans are paying relatively high interest rates on their mortgages.

Theories, anyone? Explanations? Gripes?

Letters to the Editor

Mail letters to PO Box 4910 Santa Fe, NM 87502 or email them to editor[at]sfreporter.com. Letters (no more than 200 words) should refer to specific articles in the Reporter. Letters will be edited for space and clarity.

We also welcome you to follow SFR on social media (on Facebook, Instagram and Twitter) and comment there. You can also email specific staff members from our contact page.