During this time of year, many individuals and families want to volunteer, donate gifts, or weave the importance of giving into their holiday traditions. We’ve had to give up a lot in the name of stopping the spread of coronavirus, but one thing you don’t need to give up right now is volunteering and giving back to our communities.
With the holiday season in full swing, there are many items on your to do list and it may seem counterintuitive to add a big ticket item to that list. But if you’re thinking you may want to make a move, now may be the time to add finding your dream home to your list. Check out these four reasons why December may be the time to purchase your next house.
You’ve made a budget. You’ve stuck to your budget. And you’ve finally managed to have money left over at the end of every month. Congratulations! Now comes the tricky part: what to do with that extra cash?
Attention: All LMCU locations will be closed December 24 (at 1 p.m.), December 25, December 31 (at 5 p.m.), and January 1.
Imagine this: You finally make the exciting leap to start house hunting. You meet up with your realtor, see a few houses in the perfect location… and then you quickly realize there’s an inventory shortage; houses are priced far higher than you imagined and people are getting into bidding wars on houses in your dream neighborhood.
If this seems crazy, you may be surprised to learn a typical Thanksgiving dinner for 10 people in 2019 was just shy of $49.* The beauty of this meal is that while it seems rich and extravagant, the ingredients are simple, hearty, and easily feed a crowd.
If the task of hosting falls to you this year, sticking to the menu below will keep your budget on track.
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Soon Halloween will arrive and, days after, retail stores will immediately change displays and advertising over to winter holidays. The average consumer spends around $1,000 during the holiday season, according to the National Retail Federation. Perhaps COVID-19 has changed your financial situation this year. Now is a great time for families to think about saving up before the winter holidays.
How much should I put down on my new home? Can it impact my chances of getting a loan? How does my down payment affect my mortgage payment? If you’re buying a new home, you probably have questions about the down payment. Here are three things to know before deciding how much to put down.
As a way to support our communities during the height of the pandemic, we developed the LMCU Cares program to support local non-profits in the communities we serve to help those most impacted. Through this program, every new purchase or construction mortgage application taken during the months of May and June, LMCU donated $50 upon closing to local nonprofits addressing food insecurity throughout– providing thousands of meals for our neighbors, friends, and members.
