Direct Federal Credit Union

Is Now the Right Time to Buy a Home?

Wed, 26 Mar 2008 00:00:00 EDT

In light of the mortgage rates that remain near historic lows and lower housing prices, future homebuyers may think this is a perfect time to buy a home. But before you rush into a major life purchase, make sure you're financially ready. A little preparation now will save you a lot of financial headaches in the future.

Will A Hybrid Car Save You Money?

Wed, 26 Mar 2008 00:00:00 EDT

As gasoline prices hover around $3 a gallon, you may start wondering about how much you could save with a new high-mileage gas-electric hybrid vehicle. Indeed, the right hybrid will save you hundreds of dollars a year at the gas pump. But whether you will really save money overall after paying a higher price for that hybrid is a calculation you need to work through carefully-taking into account all your costs.

Grow an Eco-Friendly Garden

Wed, 26 Mar 2008 00:00:00 EDT

A garden is a lovely accent to your outdoor space. It can add value and charm to your home, whether your goal is to add curb appeal for attracting buyers or simply for enjoying it yourself. Even if you don't have a lawn or garden area, you can green up your outdoor space with potted plants and baskets on a balcony or patio.

Staged to Sell

Wed, 26 Mar 2008 00:00:00 EDT

If you drive down your block, how many "for sale" signs do you see? With today's soft housing market, it might be quite a few. If you're considering putting your home on the market, you'll need to think about how you can make it stand out from other homes for sale. That's where staging comes into play.

Piggybackers: No More Riding on Good-Credit Coattails

Fri, 28 Mar 2008 00:00:00 EDT

Piggybackers need to find a different "ride" to a better credit score.

In the past, the fastest way for some individuals to establish credit was to borrow--or piggyback on--someone else's good credit record. The borrower was added as an authorized or joint user to a credit card owned by someone with a high credit score.