interest rate Archives - Page 2 of 2 - Utah First Credit Union

Jan 21, 2021 / Money Tips

The Best Way to Consolidate Christmas Debt

Did you know that the average American spent around $1,000 on holiday gifts and decorations last month? That figure includes those who don’t buy gifts at all. So, if Santa stuffed your family members’ stockings full of toys and treats, and left you with receipts and pending payments well in excess of the American average,…

Jun 25, 2020 / Mortgages

Is now a good time to buy a home?

As the economy begins to rebound and life starts to get back to normal, many people are still wondering whether now is a good time to buy a home. The short answer is yes. Both 30-year mortgage rates and 15-year mortgage rates are at all-time…

Jun 09, 2020 / Uncategorized

Upgrade Your Summer Staycation Surroundings

This spring, homes all across Utah transformed into classrooms, offices, churches, playgrounds, and more. But with all that extra time in your home sweet home, you might have noticed a few not-so-sweet features and/or quirky qualities that could use your attention. This summer is the…

May 12, 2020 / Mortgages

Big Benefits of Refinancing Your Mortgage

Mortgage interest rates are hitting historic lows, and homeowners are wondering whether now is good time to refinance. The answer to that question depends on your individual circumstances, but refinancing usually provides at least one of these benefits. Lower Payments If you decide to refinance…

Sep 11, 2019 / Local Utah

Top 5 Reasons to Choose a Community Credit Union

Big banks love to charge big fees—$5 here, $3 there, a $10 transfer fee here. Over the course of a month, these fees add up, sometimes making the difference between a fun weekend road trip or dinner date and eating at home watching reruns.…

Jul 01, 2019 / Money Tips

Why Less is Really More with Your Credit Card

When it comes to finding the right credit card, it can be hard to cut through the constant noise of offers promising more—more credit card rewards, more available credit, and more ways to pay. And while it’s important to find a credit card that fits…

Jun 11, 2019 / Home Equity

What is a Jumbo Loan?

If you’re in the market for a home with a mortgage over the traditional home loan limit of $484,350, you may also be in the market for a jumbo loan. Other than sounding somewhat intimidating, a jumbo loan is different from a traditional home mortgage…

Jun 03, 2019 / Credit

The Value of Finding a Fixed Rate Credit Card

Have you ever found yourself wishing you could bring back the good old days? Regardless of age, everyone goes through times when they wish life was as simple as it used to be. And if you have a variable interest rate credit card with fees…

Apr 01, 2019 / Home Equity

4 Wise Ways You Can Use Your Home Equity Line of Credit

A home equity line of credit is a versatile loan that can be used for just about anything. But because it involves borrowing money against your home’s equity, there are a few preferred ways to use your HELOC. Here are 4 wise ways to use…

Mar 15, 2019 / Home Equity

Why Every HELOC Should Have a Swing Out Feature

One of the hardest parts of having a variable rate interest loan is the unknown. You don’t have a crystal ball and you can’t predict the future. You don’t know what the market will look like a few years down the road. And that means…