Envisioning your dream home is easy, but figuring out how to finance it is usually what keeps it from coming true. Here is some good news – the FHLB Grant program can help you achieve homeownership.
February is International Friendship Month, celebrating and strengthening the bonds we share with those closest to us. The month has various holidays bringing together friends for “Galentine’s Day” and the Super Bowl. Friends can have a surprisingly strong influence on your financial attitudes and behaviors, often without you even realizing it.
When you open a CD, it is clear exactly how much money you will earn in interest by the end of the CD term. It is just a matter of applying the interest rate and doing simple math as your rate won’t change during the CD term. Put your money into a high-rate certificate of deposit and reap the rewards of our special offer interest rates.
While it may seem sensible to postpone a home purchase until interest rates fall, this prevents you from earning equity. And besides, who wants to rent forever? Here are some ways you can secure a competitive rate now.
Buying a house this fall can be a smart move. Currently mortgage rates are decreasing, and the fall season often sees fewer buyers, which can mean less competition and potentially better deals. Consider closing timing as a fall purchase could allow you to close before the holidays, making for a smooth transition.
As you start trading tank tops for warm hoodies, make sure to invest in yourself this fall with a certificate of deposit (CD) to boost your regular savings. The financial markets are signaling a potential shift, so if you want to rake in big interest returns on your money, time may run out.
Getting a mortgage is a significant process that can be complicated if you don’t take the right steps from the beginning — and whether you’re buying your first home or just transitioning to a new one, making informed decisions early can lead to a smoother process.
A slight drop in mortgage rates in June might have been the jolt the housing market needed to make up for lost time earlier this spring. Read more about the housing inventory, investment properties replacing college dorms and choosing a fixer-upper.
There are many benefits to having a good credit score such as better rates on car insurance, lower credit card interest and having more housing options. Pulling credit for mortgage means that your lender will run your credit report and score when you apply for a loan and before you close on a loan.
Summer is right around the corner, and so is the time of year when more of us think of buying or selling a home. However, inflation is still hanging around, which means that the interest rate cuts expected this year haven’t yet happened. Since lower rates can increase a home budget, waiting for them can make a big difference, especially for first-time homebuyers who often struggle to find an affordable home.
We’d love to see your smiling face in person, but we know that your banking needs happen 24 | 7 | 365. Feel free to bank from your couch, your office or a beach somewhere warm.