Money Minutes | General Electric Credit Union Blog | Financial Resources

Too Hot to Handle: What's Ahead for the U.S. Housing Market?

Oct 22, 2021 | 6 minute read

The U.S. housing market, already strong before the pandemic, has heated up to record levels in 2021. The Case-Shiller U.S. National Home Price Index, which measures home prices in 20 major...

Read

How to Juggle Buying and Listing a Home for Sale at the Same Time

Aug 26, 2021 | 4 minute read

If you’re currently attempting to buy and sell a home at the same time, the weight of juggling two big transactions may be weighing on you. Luckily, there are some tips and tricks to help you...

Read

Why You’re Not ‘Too Old’ to Buy Your Dream House

Aug 1, 2021 | 5 minute read

While many seniors downsize to more modest living accommodations, you may have your eye on an upscale condominium in a walkable part of downtown, or a turn-key ranch on sprawling acreage. You’ve...

Read

11 Things to Know as a First-Time Homebuyer

Aug 21, 2019 | 6 minute read

Purchasing a home is one of the biggest financial investments you’ll make in your life! With such a big decision at hand, it’s important to understand the home buying process and potential...

Read

Everything You Need to Know About Home Equity Lines of Credit

Aug 7, 2019 | 6 minute read

Among the various perks that come with being a homeowner, one is watching your home’s equity rise while your mortgage loan amount decreases. With this built up equity, you can take advantage of...

Read

The Home Buying Process from Start to Finish

Jun 11, 2019 | 6 minute read

Buying a home is a big deal and it’s a major milestone for many. Understandably, it can feel overwhelming, stressful, and scary - but it doesn’t have to be! With some research and this...

Read

Fixed vs. Adjustable Rate Mortgages

Aug 7, 2018 | 5 minute read

Like homes themselves, mortgages come in many sizes and types, and one of the most important decisions you face as you consider your choices is whether to take out a fixed or an adjustable rate...

Read

Is a Home Equity Loan or Line of Credit Right for Me?

Mar 30, 2018 | 4 minute read

We’ve all faced situations in life when having access to money or a line of credit would be extremely helpful. Whether you're handling an unexpected "cash crunch" (e.g., car repairs, medical...

Read

3 Reasons to Refinance Your Home

Feb 12, 2018 | 3 minute read

Refinancing your mortgage essentially means paying off your existing loan and replacing it with a new one. Refinancing can mean a lower rate, a shorter loan term, or even the opportunity to tap...

Read