The Mortgage Corner with GreenState Credit Union: October is Financial Planning Month!
Did you know that October is Financial Planning Month? If you haven’t taken stock of your finances lately — specifically your household budget — it’s the perfect time to do so. A good household budget can help you better manage spending and save for your financial goals, like buying a home, paying off debts, or even just taking a much-needed vacation.
Are you ready to update your household budget this month? Take these steps:
Know your after-tax income. Before you can create a smart budget, you need to know how much money you’re bringing in each month after taxes. This will, of course, include your salary, but any extra income should be considered as
When it comes to buying a home a contributing factor is interest rates. Here is something to keep in mind with interest rates....Interest rates are not forever!
Interest rates will change. When they drop it is a great opportunity to refinance or think about upgrading. Focus on buying a home you love now with the knowledge that you always have the option to refinance.
Working with your Realtor® & lender will help you know when it is the best time to refinance! Oakridge Real Estate is a proud partner with GreenState Credit Union and their amazing team of lenders! Get in touch with a GreenState lender today and see what your options are!
Explore the Oakridge blog for more buying information!
