8 Facts About Applying for a Mortgage Loan in 2018

8 Facts About Applying for a Mortgage Loan in 2018

Home and Mortgage

Whether you’re seeking your first home or refinancing your existing mortgage loan, the tax landscape for 2018 will bring some changes for homeowners that should give them pause. Despite the passage of a new tax bill late last year, mortgage applications rose sharply...
Scouting Around for the Right Bank Account

Scouting Around for the Right Bank Account

Banking Resources

Have you heard the adage, “There ain’t no such thing as a free lunch?” The “free lunch” in the saying refers to the nineteenth-century practice in American bars of offering a “free lunch” in order to entice drinking customers. Those customers ended up paying a lot for...
Making Compound Interest Work for You

Making Compound Interest Work for You

Personal Finance Resources

Compound interest is interest paid on interest already earned on a deposit or loan. Think of it as ‘interest on interest’. For those of you who struggle to pay off credit cards, compound interest is likely the culprit. Interest from the prior month is added to the...
Will the Feds Raise Rates?

Will the Feds Raise Rates?

Financial News

Bankers get this question a lot – from customers, investors, and our bank boards. There are seemingly endless experts out there with an opinion based upon their assessment of the latest economic data, world events, and the psychology of the individual Fed governors....