If you’re just getting started or have decided it’s time to start building up your short or longer-term savings, you may be wondering if a traditional savings account, a high-yield savings account, or a Certificate of Deposit (CD) is the right solution for you. Let’s take a closer look at three popular, non-retirement savings options.
When considering a new home purchase, the down payment you put upfront plays a major role in your future housing expenses. As you prepare for the homebuying process, First Bank Mortgage is highlighting six tips to help you cut the extra costs and save a substantial amount for your down payment.
Congratulations on deciding to purchase a new home! The spring season is often a busy time for homebuyers. Inventory is typically higher during this time, meaning buyers have more options.
Are you planning to purchase a new home in 2024? You’re in luck! A recent report shows that experts are predicting mortgage rates to come down at some point this year. Even though they may not reach pre-pandemic levels, the market should be much more favorable for buyers than it was last year.
If you’re looking to improve your credit score or establish one, here are some things you can do that will help.
Are you dreaming of homeownership? Purchasing a new home takes a lot of financial preparation and will likely be one of your most expensive investments. You’ll want to ensure you have enough saved for the down payment, closing costs, and inspection fees, and you’ll want to make sure that your credit score is where you want it to be before you apply. Now is an ideal time to look at your financial situation and to start preparing accordingly.
Are you ready to purchase a home? Is the rising cost of rent impacting your wallet? If so, you’re not alone.