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.
In times of economic confusion, starting your own business tends to sound like a great idea. Whether you’re looking to take on business ownership as a hobby or you eventually want to flip it into a full-time gig, it’s important to know the financial pros and cons of going into business for yourself. It’s not a small task in the slightest, and roughly half of all new businesses don’t make the five-year mark. With that in mind, how much money will you need to reach your personal business goals? Before you take the plunge, there are a few▸ continue reading
According to the Primary Mortgage Market Survey from Freddie Mac, interest rates for 30-year mortgages have stayed close to 4 percent, and it’s believed that this will increase in the next 12 months. With this in mind, if you’re looking into buying a home in the near future, why wait and pay more in interest than necessary? Polam FCU offers both competitive flat rate and adjustable rate mortgages with low closing costs, and our team is experienced in helping our members become homeowners. Here are four reasons why you shouldn’t wait to buy a home: Prices will▸ continue reading