With the real estate market on fire, you might be considering selling your home. As the saying goes, first impressions are everything. The curb appeal of your home sets a clear standard of excellence. If you feel like your property could stand to pop a bit more, building curb appeal can be easy, affordable, and well worth the effort.
Last week’s economic reporting included readings on construction spending and public and private-sector employment data. Weekly reports on mortgage rates and jobless claims were also released.
Topics: Mortgages / Home Equity
The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner.
Topics: Mortgages / Home Equity
If used responsibly, a second mortgage can act as a powerful tool to help you achieve your financial goals. First, though, you’ll want to think carefully about the potential benefits and risks of taking out a second mortgage on your home. It’s also wise to educate yourself on the best ways to use a second mortgage and whether this step is right...
Topics: Homeowners, Mortgages / Home Equity
The fundamental difference between a secured and unsecured loan is the collateral requirement. But what is collateral? Why is it important? And what is a lien? Here’s everything you need to know:
Topics: Business Banking, Personal Banking, Mortgages / Home Equity
The real estate market is an ever-evolving entity, subject to buyers’ wants, sellers’ needs, and the state of the economy. These influences can make selling or buying a home exceptionally complicated. That is why you need some insider information. When you are shopping for a new home or getting ready to put your home on the market, remember the...
Topics: Homeowners, Mortgages / Home Equity
Looking to build a new home? Want to save time and money by only paying one set of closing costs? Consider a construction-to-permanent loan by combining the financing associated with your construction, renovation, or permanent mortgage – one loan, one closing, and one set of fees.
Topics: Homeowners, Mortgages / Home Equity
First Federal Bank provides you with online and mobile banking services, credit and debit cards, plus checking and savings accounts. But did you know that we can also help you borrow money for your home?
Topics: Mortgages / Home Equity
Between credit cards, student loans, car loans, and mortgages, you’re probably carrying some debt. On the surface, managing your debt can seem relatively easy — just make minimum payments. However, if you’d like to pay down your debts and increase your cash flow, you have some choices to make. Namely, which debt should you prioritize? Here’s a...
Topics: Personal Banking, Financial Education, Mortgages / Home Equity