New Year, New Home? Exploring Adjustable-Rate Mortgages
Will 2024 be the year you buy a home? If you’re anxious about affordability, you’re not alone. Sellers are struggling to sell and mortgage rates have reached 8% for the first time since 2000. Real estate economists predict rates will drop slightly in 2024, but not enough for real relief. One option gaining traction: Adjustable-rate […]
MC Federal Credit Union President, Elba Arenas, Makes Appearance on PA Newsmakers
On Thursday, MC Federal Credit Union President, Elba Arenas, and CrossState Chief Regulatory Officer, Nicola Foggie, joined PA Newsmakers Host Terry Madonna to talk about the value of giving back and volunteering and how to stay safe from holiday scams. Watch the full recording on the PA Newsmakers website.
Budget, Learn, Grow: Free Financial Literacy Essentials
For many of us, 2023 was a challenging year in terms of navigating inflation, accommodating high-interest credit card rates, and deciphering headlines around student loan repayment. Staying on top of financial best practices is both time and energy consuming, and cost-free resources can go a long way towards alleviating stress. If you want to end […]
Avoid Holiday Shopping Scams This Season
With Halloween fading in our rearview mirror and Black Friday swiftly approaching, we find ourselves entering the holiday shopping season. This year, forecasters expect holiday shopping to reach record levels as consumers throughout the country find the perfect gifts for loved ones, host family gatherings, make holiday travel arrangements, or open their hearts and wallets […]
Use Caution with Unsolicited Communications
It is not uncommon for third parties to use information that is available in the public record to solicit consumers. This practice is used by both legitimate businesses and scammers alike. Members have reported receiving an “allocated waiver” notice related to their mortgage held by the credit union. This notice was not sent in partnership […]
The Procrastinator’s Guide to Holiday Savings
For many of us, November and December kick off a season of celebrating, family, feasting, and yes…spending. The holidays are a chance to make memories, but this can also be a time of financial stress—especially if you wait until the last minute to make plans. And let’s be honest: with high interest rates and student […]