Personal
Business
Why Valley
Connect with us
Download our app
Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender
Cash-out refinance loans and second mortgages both allow you to borrow money while using your home as collateral for the loan. But there are important differences between them to consider when deciding which of the two -- if either -- is right for you.Here are three of the biggest differences ...
Refinancing a home can help property owners reduce the cost of their mortgage. It's a pretty simple process. Homeowners who already have a mortgage will apply for a new refinance loan, either from their current lender or a different one. If approved, they'll use the loan proceeds to repay their ...
Mortgage refinancing can provide homeowners with options to consolidate debt, obtain a lower interest rate, and tap equity to pay for big-ticket expenses. Whatever the reason for refinancing, homeowners who have jumbo loans—those intended to finance luxury homes and properties—may face a demanding process because there’s more money at stake. Jumbo ...
If interest rates are rising, you shouldn’t view that as a sure sign to put off refinancing your mortgage. When any of these 5 situations occur, it might indicate a good time to call for refinancing. Current loan is at a high interest rateEven if interest rates are rising, they ...
Refinancing. You’re certainly familiar with the term. The draw of lower interest rates and monthly payments sounds enticing, but is it worth the hassle?The answer is maybe. It’s all about the numbers, and making them work for you. Refinancing can be a great contribution to a long-term financial strategy. Let’s ...
Refinancing can be a great way to lower your payments or to free up some cash for renovations.It’s a useful tool that many homeowners will take advantage of at one point or another. However, is there such a thing as too many refinances?Legally speaking, no. There are no specific regulations ...
The original theme of this month's newsletter changed rather dramatically as the early March events in the banking sector radically altered the tone in the markets. While the focus had been a deeper dive into the “Recession vs Runway” theme for an economic landing, the failures of Silicon Valley Bank ...
Married couples seem to get a lot of breaks when it comes to finances—presumably, two people are earning (and sharing) income; they might have more choices for affordable insurance, and they often enjoy more generous tax deductions. Yet they also have to navigate tricky financial situations, such as allocating their ...
With the price of food on the rise, grocery bills are growing along with it. It can be a challenge to stick to your grocery budget while also trying to check everything off your list. But, with a little effort, you can keep your weekly grocery bill on budget. Whether ...
More than 11 million minority-owned businesses make up the economic fabric of the United States, according to data compiled by The Business Journals, and these businesses generate about $1.8 trillion in annual revenue, making up a good portion of the country’s economic success.Yet, minority-owned businesses do not receive nearly as ...
Do you have a budget? It’s a core factor in improving your financial well-being – both for today and the future. Consider this guide your “budget buddy” and get started today.What is a budget?We hear the word a lot, but what does it really mean to make a budget? At ...
Every March, we celebrate Women’s History Month where we honor women’s contributions in American History. This is a time to celebrate actions big and small that have led the way for progression. The theme for Women’s History Month 2023 is Celebrating the Women Who Tell Our Stories. These women might ...
Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender