For homeowners who put less than 20% down, Private Mortgage Insurance or PMI is an added insurance policy for homeowners that protects the lender if you are unable to pay your mortgage.
Recent Posts
April is National Financial Literacy Month, a great time to start teaching your children about money. There are important life lessons you can impart at every age, and the earlier you begin, the better. Whether you want to cover the basics, delve into more complex topics, or simply get the conversation started, there are many ways you can approach...
Topics: Financial Education
Food prices have been on a roller coaster ride over the past several years. The grocery store is one of the first and most noticeable places consumers feel the sting of inflation. The same is true of restaurant pricing. Over the past few years, consumers have responded by changing their eating and spending habits, limiting purchases of certain...
Topics: Financial Education, Lifestyle
A clear, thorough, and up-to-date employee handbook is a must for nearly every business. It’s a vital resource for employees, helping them understand the company’s key policies, expectations, and procedures. It’s also a crucial tool for you, the employer, protecting you legally and helping you convey important information. Whether you’re creating...
Topics: Small Business
If you’re planning to move soon, you might be wondering if there'll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here's what the professionals are saying about what’s in store for this season.
Topics: Mortgages / Home Equity
Summer will be here before you know it. And with Spring Break in the rearview mirror, you may be looking for your next travel options. Whether you have a summer trip booked already, or are in the planning stages, the first thing you need to do is make sure you have the funds to pay for it.
Topics: Financial Education, Lifestyle
Before making the decision to buy a home, it's important to plan for all the costs you’ll be responsible for. While you're busy saving for the down payment, don't forget you’ll want to prep for closing costs too.
Here’s some helpful information on what those costs are and how much you should budget for them.
Topics: Mortgages / Home Equity
Are you among the millions of people who struggle to get adequate and restful sleep each night? Medication is often presented as a solution for sleep issues, but it’s not the only one. Cognitive behavioral therapy for insomnia, also known as CBT-i, can help as well. Here’s a closer look at CBT-i and how it works to promote...
Topics: Lifestyle
If you love to travel, you’ve probably entertained the idea of purchasing your very own camper or RV. However, these mobile living spaces each come with unique benefits and drawbacks. Here’s a look at what each brings to the table — along with a few factors to consider before you buy an RV or camper: Deciding if an RV or camper fits...
Topics: Lifestyle
When filing your income taxes, you have the option to take the standard deduction or to itemize your deductions. Itemizing allows you to claim specific expenses individually, potentially leading to a higher tax refund or lower tax liability. So while itemizing can be more time-consuming than taking the standard deduction, it can be financially...
Topics: Financial Education