At Polam FCU, not only do we strive to provide you with the best financial services possible, we also want to share some guidance and expertise. Peruse our blog for the latest industry news and information relevant to you.
The Myth of the Fixed Rate 30-Year Mortgage: Let me get to the point without forcing you to read a long introduction; “Most People Keep Their Homes for Six Years”. So why is it that most people look for a fixed rate 30-year mortgage? While many of us would like to believe that the home we just purchased will be our home forever, in most cases that is not the reality. According to a recent Federal Reserve Bank study, the average age of the first time buyer is 33 years old. So on average, most people will purchase 4 homes▸ continue reading
Polam is giving away a $25 fandango gift card! The first person to answer the following question correctly is our winner! “Polam was founded in 1974, which film won Best Picture at the Academy Awards this same year?” To enter, complete the registration form below and include your answer. We will announce the winner tomorrow at 12 pm!▸ continue reading