Category
Category: Consumer Loans
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Interest Rates: How They Affect Your Mortgage Loans
Posted on March 29, 2023
Categories: Consumer Loans, Mortgages
It’s no secret house hunters have faced the grim reality of rising interest rates. Rising mortgage rates result in rising costs of buying a home. In this blog, we will outline how current interest rates are affecting mortgage loans, as well as outline the main differences between a fixed-rate mortgage and an adjustable-rate mortgage loan.
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How to Increase Your Home’s Value
Posted on July 12, 2021
Categories: Budgeting, Consumer Loans, Mortgages, Personal Finances, Personal Loans, Savings
Buying a home is a major achievement—and investment! Mortgage payments help build up equity in your home over time, but there are changes and upgrades you can make to your home in order to increase its value, resulting in a bigger return on your investment.
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Find Out How to Pay Off Your Debt While Still in School
Posted on October 12, 2020
Categories: Budgeting, Consumer Loans, Personal Finances, Savings
Just because your student loan payments don’t start right after you graduate, the sooner you start making payments, the better. Paying for the college student life is tricky enough, so paying off debt at the same time might seem impossible, but it’s doable with a few lifestyle adjustments. Continue reading to find out the best ways to make payments before you even graduate.
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5 To-Dos Before Buying a Home
Posted on January 24, 2019
Categories: Budgeting, Consumer Loans, Mortgages, Personal Finances, Personal Loans, Savings
Are you about to begin the hunt for your future home? We understand that the home buying process can become overwhelming, which is why we’d like to offer you a little insight. Start your home buying journey off right by completing this checklist!
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Considerations of Renting Vs. Buying in Retirement
Posted on April 27, 2018
Categories: Consumer Loans, Personal Loans
Congratulations, you have made it to retirement or are close to being in your Golden Years! As you may be discovering, a successful retirement plan involves extensive planning and a lot of patience. Likely, one of the last and biggest decisions to make in your plan is deciding what living situation is most financially feasible. While you may have invested in home ownership for many years, it may be time to downsize and your decision to rent or to buy your next space can have significant...
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Auto Financing 101
Posted on March 30, 2016
Categories: Auto Loans, Budgeting, Consumer Loans, Personal Finances, Personal Loans, Savings
Purchasing a new vehicle is always an exciting venture. At Fairfax State Savings Bank we want to help you maximize your buying experience with a trusted and affordable auto loan. Before you start roaming the car lots, glance at our easy auto check list to see what type of vehicle both you and your budget are searching for.