Local News

  • Mortgage interest rates dip to record lows

    WASHINGTON (AP) — Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments for home purchases and refinanced loans.

    The average rate for 30-year fixed loans sank to 4.69 percent, from 4.75 percent last week, mortgage company Freddie Mac said Thursday.

    That's the lowest point since Freddie Mac began tracking rates in 1971. The previous record of 4.71 percent was set in December. Rates for 15-year and five-year mortgages also hit lows.

  • Primary turnout up from 2006

    SANTA FE — More New Mexicans turned out to vote in the June primary than they did four years ago when Republicans and Democrats cast ballots in a gubernatorial election year, according to official results released Tuesday.

    About 28 percent of registered Democrats and Republicans participated in the primary.

  • County Council catches up

    Faced with what appeared to be a daunting agenda, Los Alamos County Councilors instead made swift work of 11 public hearings during Wednesday night’s special meeting at Fire Station No. 3 in White Rock. Public turnout was sparse for discussion of various amendments to the county charter that were billed as “clean up” of language that was either ambiguous or in conflict with state law.

  • Breaking News FEDS BUST LOS ALAMOS YOUTH MINISTER ON CHILD PORN CHARGES; Update: Video added to story

    The arraignment Thursday of a Los Alamos youth minister on child pornography charges has sent shock waves rippling through this close-knit community. The minister and former teacher was apprehended June 23 at his residence in White Rock by U.S. Immigration and Customs Enforcement (ICE) special agents.

    The arrest of Matthew Nichols, 58, came just a day after a federal grand jury indicted him on child pornography charges, including distributing and attempting to distribute, receiving, and possessing child pornography.

  • Obama claims victory in financial overhaul deal

    WASHINGTON (AP) — President Barack Obama declared victory Friday after congressional negotiators reached a dawn agreement on a sweeping overhaul of rules overseeing Wall Street.

  • Severe storm shatters largest city in Connecticut

    BRIDGEPORT, Conn. (AP) — A severe storm packing ferocious winds tore through Connecticut's largest city Thursday, toppling trees and power lines and collapsing several buildings as a powerful line of storms swept across parts of the Northeast. Remarkably, no serious injuries were reported.

  • Government lowers Q1 growth estimate

    WASHINGTON (AP) — The government lowered its estimate of how much the economy grew in the first quarter of the year, noting that consumers spent less than it previously thought.

    Gross domestic product rose by an annual rate of 2.7 percent in the January-to-March period, the Commerce Department said Friday. That was less than the 3 percent estimate for the quarter that the government released last month. It was also much slower than the 5.6 percent pace in the previous quarter.

  • Astronomers making good time

    An international team of astronomers, including Michael Kramer from the Max-Planck-Institut fuer Radioastronomie in Germany has studied the behavior of natural cosmic clocks and discovered a way to potentially turn them into the best timekeepers in the Universe. The scientists made their breakthrough using decade-long observations from the 76-m Lovell radio telescope at the University of Manchester’s Jodrell Bank Observatory to track the radio signals of an extreme type of star known as pulsars.

  • Rough seas halt skimming operations off Gulf Coast

    NEW ORLEANS (AP) — BP and the Coast Guard sent oil-scooping skimming ships in the Gulf of Mexico back to shore Tuesday because nasty weather from Tropical Storm Alex churned up rough seas and powerful winds.

    U.S. Coast Guard Lt. Dave French said all efforts had been halted for now off the Louisiana coast. Efforts also had been halted off the coasts of Florida, Alabama and Louisiana.

    French said workers were using the time off the water to replenish supplies and perform maintenance work on equipment.

  • Sanchez going for ACI record

    Santa Fe golfer Lee Sanchez will be playing for a little piece of history this week.

    Sanchez, one of the top amateur golfers in the state, will be heading to Los Alamos Golf Course to defend his title at the Atomic City Invitational.

    The Atomic City Invitational, the premier event hosted by LAGC, starts with championship flight qualifying Wednesday. Match play competition begins Thursday.