Finance terminology can be a dense and overwhelming subject. To simplify the process, we’ve compiled a comprehensive glossary of finance terms that are essential for adults to know. Financial Terms & Definitions Adjustable-Rate Mortgages An adjustable-rate mortgage (ARM) is a mortgage with a variable interest rate. Initially, the interest rate is usually below the market… Read more »
Category: Financial Guides
Learn everything you need to know about financial planning in one place.
Whether you are buying your first home, planning retirement, or setting up a monthly budget, our financial guides and resources will help you understand the process and make the best decision for you and your family.
HRCCU is dedicated to the financial well-being of its members. Get tips for life’s most important decisions by reading our blog posts.
Quick Guide to Financial Investments for Beginners
One of the biggest misconceptions surrounding investing is that it’s only for the wealthy or the well-to-do. To some extent, this may have been true in the past, but now there are investment opportunities for everyone — whether you already know what to do or need some assistance. There are resources available, especially for beginners,… Read more »
Beginner’s Guide to Starting an Emergency Fund
Life can change fast and unexpectedly, and sometimes those changes can end up being costly. That’s why it’s especially important to be prepared for any financial curveballs that may be tossed at you. Building an emergency fund for unforeseen circumstances can save you a big headache down the road and give you some peace of… Read more »
A Guide to Mortgages & Home Equity Loans
Would you like to buy a home, but are worried you’d never qualify for a mortgage? Or maybe you just don’t know about the process behind it? Want to renovate, but can’t seem to save the extra cash? Learn how you can answer these questions, and more.
A Guide to Starting the Home Buying Process
Buying a home is pretty intimidating. You may have found the home of your dreams or the fixer upper you have had your eye on for a while. However, you need to know what you can afford, what your options are, and all of the costs associated with a home purchase. It’s hard to navigate… Read more »
