Before you start looking at houses, here are a few key mortgage terms you need to understand before you look into financing the home of your dreams. Principal This the original total amount borrowed from your lender, before interest. Interest Interest is the cost of borrowing money. You repay the principal amount of the loan, plus interest.
If you’re in the market for a new automobile, maybe you think the easiest way to get your dream car financed is to obtain dealer financing at the time you buy the car. In a sense, that’s true – as long as you don’t mind spending more time and money than necessary just to make things “easy.” Getting an auto loan through your credit union does require a little more effort on your part. You apply for the loan before you go shopping and get pre-approved for a specific maximum. Then you can use that pre-approval almost like cash when you go shopping. It may seem strange if you’ve never done it before, but car dealers are very experienced in BYOF (bring your own financing) buyers.
Auto insurers spend millions of dollars on national advertising. Most of them try to convince you that they’re the cheapest. Does “save $500 in 15 minutes” sound familiar? But how can they save you money when they’re spending so much on advertising? There must be one company that’s the cheapest, right? Wrong.
It’s been a good summer for home values, which may spark dreams of how you can put the equity in your home to good use. What is home equity? It’s the difference between the current market value of your home and how much you still owe on your mortgage loan. As the value of your home increases, you gain equity in your home.
There a few factors to keep in mind when trying to get the best price on a car.
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Tech Tip Tuesday from our IT Department:Information Shared On the Internet Can Never Be Deleted. 03/19/2019
Information Shared On the Internet Can Never Be Deleted. Never Share Information Online That You Don’t Want Everyone to See
When you forward an email to others or copy new people to an email thread, review all the content in the entire email and make sure the information contained in it is suitable for everyone.
Tech Tip Tuesday from our IT Department: Cyber Bullying Isn’t Just a Matter for School Officials. It’s Also a Crime. Report Any Instances of Cyber Bullying to Local Authorities 02/26/2019
Cyber Bullying Isn’t Just a Matter for School Officials. It’s Also a Crime. Report Any Instances of Cyber Bullying to Local Authorities