Closing costs typically are about 3-5% of your new home’s purchase price. This amount may vary, however, based on your home’s location, cost and other factors. Lenders are required to…
Should You Buy or Sell Now? The housing market is always changing, and in recent years, it has become more unpredictable. This has left many potential buyers and sellers wondering…
Are you contemplating buying a home this year? Taking such a significant leap forward is a crucial milestone. Life-changing events such as marriage, divorce, job opportunities, or just the desire…
Buying a home is one of the most significant investments you’ll make. Low mortgage rates have made it easier for people to afford their dream homes over the last dozen…
What do I need to know about Adjustable-Rate Mortgages? An adjustable-rate mortgage, or ARM, is a home loan with an interest rate that can change periodically. This means that your…
The national trend of homebuyers seeking out properties in need of renovations has established a firm foothold in the Hudson Valley, where low inventory and a critically-low inventory of turnkey…
Home buyers have several financing options to choose from, and two of the most common are conventional loans and FHA loans. If you’re thinking about buying a home, it’s important…
The annual percentage rate (APR) is a term you’re likely to encounter while reviewing your mortgage options. Thankfully, it’s not difficult to understand—but what is APR exactly? Knowing how the…
Closing costs are important fees that you should know about if you are considering applying for a mortgage. These fees vary depending on the lender and are usually 2% to…
Visiting the Hudson Valley should come with a warning – once you’ve experienced it, you will probably fall in love with it. Whether it’s the spectacular fall foliage, outdoor recreational…
It’s not hard to understand why so many want to move to Hudson Valley, NY. The area is blessed with incredible natural beauty, and it has a rich history and…
Saving more on your mortgage doesn’t need to be difficult. Backed by historically low rates and community-based member service, refinancing your home mortgage with TEG FCU has never been easier!…
