Jun 24, 2021 | Banking and Finance, Community and Family
For many homeowners, home equity — the part of their home that they’ve paid off — is their most valuable asset. In technical terms, home equity is the appraised value of a home minus the amount owed on the mortgage. Your home equity grows with every monthly mortgage...
Jun 14, 2021 | Banking and Finance, Community and Family
Over the course of your life, your insurance needs will change depending on the life events you experience, such as getting married, buying a home, having children, or growing older. Let’s take a look at four major life events and how they will alter your various...
Jun 7, 2021 | Banking and Finance
Oakland, MD — 50/50 Women on Boards™ (50/50WOB), the leading global education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, commends First United Corporation as a “3+” company, for having three or more women...
May 26, 2021 | Banking and Finance, Community and Family
May is National Older Americans Month, a time to acknowledge and celebrate the many contributions that our senior citizens have made to our country. This annual event provides an ideal time for older Americans to review their finances and consider wealth preservation...
Jul 10, 2020 | Banking and Finance
Refinancing is a powerful tool that allows real estate owners to secure lower interest rates, tap into home equity, or reduce the loan term of a mortgage. For homeowners looking to stay put and save money in the long run, refinancing at the right time can help build...
Apr 2, 2020 | Banking and Finance
Understanding interest is crucial when investing your money. Given the option to earn simple or compound interest, you should always choose the latter. To understand compound interest, you first need to have a good understanding of simple interest. Here at First...
