News Release: PenFed Credit Union to be Honored for Serving Those Who Serve

Need help with a first home or want skills for a new career? PenFed gets noticed for covering the nation’s defenders with two great programs. Read more ›

Posted in: 2014, Press Releases, Uncategorized

Do you know what to look for when shopping for the best value in a mortgage rate?

Mortgage Rate advertised is not the rate you’ll get

If you’re shopping for a new mortgage, chances are you’re looking for the lowest possible interest rate to save yourself some cash. However, interest rate alone doesn’t tell the whole story—and a low interest rate might not come attached to the most affordable mortgage. Read more ›

Posted in: Mortgages & Home Buying, Personal Finance

Should you choose a Traditional or Roth IRA?

Should you choose a Traditional or Roth IRA?

Choosing the right type of IRA needn’t seem like an inscrutable hurdle. While there are quite a few types of individual retirement accounts, Traditional IRAs and Roth IRAs are the two biggies; and the differences between them are clear enough that choosing the one that works best for you is fairly straightforward. Read more ›

Posted in: Personal Finance, Saving Money

Mortgage prequalifying vs. preapproval: What’s the difference?

Mortgage prequalifying vs. preapproval: What's the difference?

You’re prequalified for a mortgage and already packing the moving boxes—but now your real estate agent says there’s more paperwork to do before you can go house shopping. Say what?

You’ve just been cut short by two sound-alike terms notorious for confusing first-time home buyers. Prequalification vs. preapproval—though they sound equally reassuring, they don’t have the same effect on your home search. Read more ›

Posted in: Mortgages & Home Buying

Should you purchase a home warranty?

Should you purchase a home warranty?

 

If home warranties are such a smart idea, why doesn’t everyone buy them? While your new neighbor may swear by his home warranty, it might not be such a smart move for you — or it could end up saving you big money.

Read more ›

Posted in: Mortgages & Home Buying

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