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Financial Articles

Browse our library of financial articles and uncover lessons about making smart financial decisions and maximizing your money.

Getting a Jump-Start on the Holidays

October 4, 2018

There are many reasons why the Holidays are such an enjoyable time of the year. We get to share delicious meals, surround ourselves with beautiful decorations and make lifelong memories with family and friends, to name a few. Unfortunately, saving money is seldom at the top of the list. Basking in all of the joys of the holiday season can take a serious toll on your wallet and add unwanted stress to the most wonderful time of the year.

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Lending in a Rising Real Estate Environment

August 14, 2018

During its June 2018 meeting, the Federal Open Market Committee raised rates for the seventh time since the Great Recession in 2008, and the fifth time since the beginning of 2017. In May, the unemployment rate fell to 3.8%, a level reached only twice before in the past 50 years. While unemployment has since increased to 3.9%, the strong job market, coupled with rising inflation, has paved the way for continued rate hikes, two more of which are expected to occur in 2018. Understanding how these macroeconomic factors may impact your local real estate buying decision will be key in your ultimate rate of return.

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Common Millennial Misconceptions About Buying a Home

August 2, 2018

For the millennial generation, many are of or almost to the age where homeownership is no longer a far-off dream. The thought of buying your first home – at any age – can seem overwhelming and intimidating, and there are so many existing myths, assumptions and unknowns to wade through. Step one in the journey is to take a look at some of the misconceptions that millennials may have and get a firm understanding of what the reality is.

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Making the Most of Your Summer on a Budget

June 25, 2018

Summer is officially here! The birds are chirping, the sun is shining, and adventure is calling. Summer is always an exciting time, but the cost of trips and activities can add up quickly. Whether you’re looking for a summer of adventure or one of relaxation, there’s plenty of fun to be had. Check out these tips for making this summer one to remember, without blowing your budget.

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What to Expect from the Housing Market in 2018

June 20, 2018

After hitting historic lows during the recession, mortgage rates are currently the highest they have been in the past four years thanks to a healthy economy and strong job market. These rates are still expected to rise in the coming months, potentially reaching their highest points since 2011. As rates change, lenders are continuing to adapt to meet the demands of the housing market.

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How to Find & Apply for Local Scholarships

May 1, 2018

After months of researching, touring, and applying to schools, you’ve finally selected the college you’ll be attending in the Fall! While you are most likely very excited to start this next chapter, it can be very overwhelming financially.

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Tax Implications on Commercial Real-Estate

April 9, 2018

The Tax Cuts and Jobs Act, the country’s largest tax overhaul since 1986, has forced business owners and investors across sectors to re-evaluate their business models and portfolios. While it’s too early to understand the full impact of the tax reform, analysts all agree that the commercial real estate sector should benefit from certain provisions.

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Value-Boosting Home Projects for Every Budget

April 4, 2018

As the housing market continues to climb, now is a great time to consider how you can maximize the value of your home. Whether you are preparing to put your house on the market, or simply want to spruce up your living quarters, there are a lot of options when it comes to making updates and improvements. Start exploring value-boosting projects that may be at your price point.

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Smart Uses for a Tax Refund

March 15, 2018

It’s tax season, which means one of two things: it’s time to pay or cash in. In the event that you do receive money back for your tax return, it can be tempting to let it burn a hole in your pocket. After all, it’s likely cash that you weren’t counting on. Don’t let that get the best of your spending habits! It’s important to prioritize and plan where you allocate these funds. Here are some questions that are worth asking yourself to help you determine where your tax refund would be best spent.

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Simple Ways to Invest in Your Community

January 31, 2018

Melrose is a city blessed with a strong sense of community and it’s rewarding to be a part of it. Just walking along Main Street, you can pass by friends and neighbors, and find one-of-a-kind restaurants, stores and businesses that are blossoming. That’s a good thing for all of us. We live in a city where people do their part to ensure the community thrives in every way it can. Whether it’s an investment of time, energy, or resources, you, too, can give back to the community and make a difference. It’s a rewarding, positive, and powerful thing to do.

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Tips for Preparing for Tax Time

December 20, 2017

If you think it’s too early to start planning for tax time, you may want to think again. Why risk an added headache when the inevitable is coming?

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Understanding Risk-Based Pricing

December 4, 2017

When an investor considers financing of a new asset – whether it’s an investment property, equipment, or another large purchase – it is important to factor in the interest rate associated with the loan. After all, this component has a long-term impact on the ultimate value of the asset. But, did you know that not all interest rates are created equally? Banks look at a multitude of factors each time an interest rate is determined, and they all boil down to the same premise: Is the bank getting paid for the risk that the asset presents?

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5 Ways to Save Big this Holiday Season

November 22, 2017

Why wait until the New Year to tighten up your budget and resolve to make smarter financial choices? The holiday season can certainly put an added burden on your wallet, but there are plenty of ways to reduce costs and increase your financial well-being. Take these proactive steps to save big this season.

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Should You Pay Off Your Mortgage or Invest?

November 10, 2017

Do you ever daydream about the financial freedom you could experience if you were free of monthly mortgage payments? Without this significant expense, perhaps you could finally have the extra flexibility needed to reallocate funds for investments, and potentially position yourself for a more comfortable retirement. No-brainer, right? You may want to think again.

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Future Home Seller To-Dos

October 2, 2017

Selling your home is a major decision. While it often means a new life chapter is about to begin, there are plenty of details to sort out before you can move on. Before popping up the “For Sale” sign, there are several things you can do to catch the attention of potential buyers and encourage a speedy sale.

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Navigating a Competitive Home Buying Market

September 22, 2017

Congratulations, you’ve made the exciting decision to venture into homeownership. You may have heard rumblings that we are in the midst of one of the most competitive home buying markets in decades. Those rumors are in fact true. With a record number of home buyers actively searching, learning how to navigate this competitive home buying market is imperative if you want to succeed in finding and securing your future home.

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Green Banking as a form of Environmental Stewardship

August 21, 2017

With the looming threat of climate change constantly in the background of everyday life, businesses and people alike are prioritizing sustainability more and more. It has become the responsibility of the business sector to continue to lead the way in developing renewable energy and other green infrastructure. Green banking is becoming the institutional solution for the growing need for responsible business practices within this industry, with some banks having gone as far as linking executives’ compensations to corporate climate-related goals. Today, banks are making efforts to improve the lives of those in the communities they serve by incorporating some of these green initiatives into everyday services and practices.

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Skimming Scams – What to Know & How to Stay Secure

July 21, 2017

Whether you’re grabbing cash for the babysitter or filling up your car, the last thing you want to worry about is getting scammed when using a credit or debit card.

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Financial Tips for New College Graduates

July 3, 2017

Congratulations! You moved your tassel from right to left and now have your diploma in hand. With your college career behind you, you’re looking forward to the many new adventures ahead. Have those post-grad dollar signs started flashing yet? As you enter a new era of financial freedom, you can expect a much greater deal of financial responsibility. There’s no time like now to prioritize smart financial choices and set yourself up for a bright financial future.

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Tips for Building or Re-building Credit

June 6, 2017

What number follows you around as closely as your age? If you guessed your credit score, you are on the money. In simple terms, this influential digit is a rating of how likely you are to repay money borrowed, so it has a significant amount of power in many financial situations. Credit scores are most commonly utilized to help lenders determine loan eligibility and interest rates. As a direct reflection of your monetary habits, your score is unique and must be nurtured with sound financial practices.

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What to Consider Before Using Your Home’s Equity for Home Improvements

March 23, 2017

Buying a house is likely one of the greatest investments you will make in your lifetime. Not only do you invest your hard-earned money, you also invest your valuable time and energy into a space to call your own. One of the advantages of owning a home is that it will likely increase in overall value. When the time comes that you’ve built up some equity and need to make some necessary improvements or want to make aesthetic updates, you can make your home work for you. A home equity loan or line of credit (HELOC) may be just the ticket. Learning how this type of financing works, however, is an important first step.

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Keeping Financial Goals On Track

January 31, 2017

Despite your best intentions, financial ups and downs can often throw you for a loop. Whether you’re striving to keep recent resolutions on track or resolving to recommit to your financial goals once and for all, a clear plan is essential. Avoid losing momentum while pursuing your goals by considering these strategies.

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How Interest Rates May Impact a Borrower’s Purchasing Decision

January 24, 2017

Brace yourself: Higher interest rates are coming.

In order to keep the economy stable, one of The Federal Reserve Board’s most important tasks is to establish interest rates for the United States through the use of monetary policy. In times of economic downturn, the Fed often lowers interest rates to encourage additional investment spending. On the contrary, in a growing economy, the Fed may increase interest rates to keep inflation at bay.

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Emergency Fund Importance and Tips

January 10, 2017

When life throws you a financial curveball, are you ready to knock the challenge out of the park? Are “what ifs” a match for your emergency savings stash? Whether you’re faced with a major home repair cost or surprised by an inconvenient parking ticket, having a designated account to cover these unexpected expenses can help you keep your budget balanced.

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Keeping Your Personal Information Secure This Holiday Season

November 28, 2016

In the midst of twinkling lights and upbeat holiday tunes, scrooges are scavenging for confidential information in an unfortunate attempt to make the season less merry. While it can be easy to get swept up in the rush, it is ever important to keep your personal security top-of-mind. Avoid letting a scam artist or identity thief get the best of you or your wallet.

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Preparing Your Home for Cooler Months

November 1, 2016

Crisp air will linger longer into the day as the winter months near. Ready or not, 24/7 frigid temperatures are coming. As you brace yourself for the chilly months ahead, make sure your home is ready to endure the seasonal elements. Preparing now, before winter arrives, can ultimately help to reduce the financial burden that the season can bring.

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School Year Saving Strategies

October 7, 2016

The back-to-school sales have fizzled out and the excitement of new teachers and classes may have worn off, but your school year budget should still be top-of-mind. It’s not too late to make saving a priority. Reduce the burden of continuing school expenses and help your budget make the grade.

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Investing in Rental Properties

September 23, 2016

When equipped with the proper resources and accurate know-how, investing in rental properties can be a profitable endeavor. Whether you plan to rent the space out to tenants or businesses, the returns can be steady and calculable.

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EMV Chip Cards Versus Magnetic Stripe Cards: Why the Change?

June 30, 2016

In our data-driven day and age, personal information is in perpetual circulation. Maintaining optimal security is a growing concern as technology progresses, but advancements are continually being made to counter potential threats. When it comes to debit cards, EMV Chip Cards are the financial industry’s response to prevalent issues associated with card fraud and data breaches.

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What Lenders Wish You Knew Before Applying for a Loan

June 28, 2016

Applying for a commercial loan is a detailed and time consuming process which requires both the client and lender to work together to meet a common goal: a financing package which satisfies the needs of both parties. Loan-seekers who are receptive and willing to ask questions will undoubtedly find the process easier and will stand a much better chance of obtaining the financing package best suited for their unique needs. Start off on the right foot by taking note of these pointers before going into your lending institution to begin the process.

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CDs and IRAs 101

April 8, 2016

Whether retirement feels like a lifetime away, or the new life chapter is quickly approaching, the effort you put in now to financially prepare for the future can make all the difference. Saving is essential, and creating a sound investment strategy now can generate dividends in your retirement years.

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Commercial Real Estate Do's and Dont's

April 7, 2016

Maneuvering the commercial real estate market requires a roadmap of its own. Whether purchasing properties is a new venture, or you have experience under your belt, these tried and true do’s and don’ts can help you seal a deal that is best for your business goals and budget.

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2015 Financial Report Card

December 30, 2015

The New Year is upon us with fresh opportunities, challenges and surprises; a good number of which are financially-focused. Reflecting on the year behind provides new perspective for what was and what is to come. Are you feeling confident with last year’s financial choices, or are you ready to start fresh? Are your financial patterns ones you hope to continue, or are they detrimental habits that need to be broken? You were taught a multitude of financial lessons and given several financial tests throughout the year, and now it is time for final grades. Take a moment to evaluate your personal fiscal year as 2016 begins.

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Charitable Giving During the Holiday Season

November 23, 2015

‘Tis the season of giving! Holiday cheer bolsters charitable initiatives while year-round needs are magnified. If you are searching for a way to get involved and make a difference, you need not look far. From red kettles at storefronts to collection boxes in office lobbies, there is no shortage of opportunities to support a cause at this time of year. Embrace the influx in generosity, but also be mindful of appropriate measures to safeguard your good intentions.

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Financial Preparation for the Holiday Season

October 30, 2015

Before it comes time to start dashing through the snow, make sure your pockets will jingle all the way through the start of the new year. With gatherings to be planned, decorations to be hung and gifts to be purchased, there are many potential distractions that can make your accounts anything but merry and bright.

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Financial Lessons College Students Need to Learn

September 30, 2015

Students begin their collegiate career equipped with the financial basics, but through the whirlwind of late nights, research papers and nerve-wracking exams, important financial practices can fall by the wayside. Scholastic pressures weigh heavy while the reality of adulthood expenses begin sinking in. Ace the transition by taking note of these valuable lessons.

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Technology Paves Way for Banking On-The-Go

August 28, 2015

Technological advancements have opened new doors for the banking industry, allowing for the development of enhanced money management tools and financial resources. The emergence of online banking in the late 1990’s was an innovative convenience that gave customers the ability to bank on their own schedule at their own convenience.

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Financial Blunders to Avoid and Habits to Break

August 7, 2015

In a world where the vast majority of transactions are now digital, old-fashioned methods of monitoring cash flow are less commonly practiced habits. When was the last time you balanced your checkbook? Do you know how much money you have in your wallet? When making purchases is as easy as swiping your card and account balances are accessible on-the-go, it can become easy to spend mindlessly and neglect the responsibility to develop money-savvy practices.

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Avoiding Identity Theft at Every Age

June 26, 2015

Anyone who has a social security number is at risk of becoming a victim of identity theft. This includes the children in your family - even babies. A lack of credit history make those not of legal age ideal targets for identity thieves who prey on clean credit reports. Fraudsters who claim children’s identities as their own often fly under the radar since credit histories of those who unlikely have a history are not frequently monitored, if at all. In these situations, fraud can continue unnoticed for years.

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Secure Online Transactions

May 27, 2015

With just a few clicks, it’s easier than ever to purchase products, make a charitable donation or pay bills online. Convenience is an enticing perk, but don’t overlook the risk involved. It is critical to be aware of where you are sending your information and who has access to it so that you can make sure it stays out of the wrong hands.

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Cutting Back on Winter Expenses

January 29, 2015

The bitter chill of winter has settled into New England. Waking up to single digit temperatures and forecasts inundated with snow showers is the norm while we yearn for the first sign of spring to appear. Sloppy roads and dark skies are reason enough to daydream of warmer days, and winter expenses leave our wallets feeling cold and empty. However, there is a bright side! Winter is only temporary and there are ways to cut back on the expenses that some may think are inevitable at this time of year.

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Leveraging Your Home's Equity

December 2, 2014

Your home is likely your greatest investment. You have dedicated endless amounts of time and dollars to ensure that you have a safe, secure and comfortable home. When making this investment, you are taking a courageous step in committing to pay for and maintain a house that will require a lot of work in order to preserve its value. Although that sense of accomplishment is one in a million, bills, repair costs and the labor of upkeep will snap you right back to the reality of the situation: it can be costly.

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Understanding Mortgage Options

November 5, 2014

Narrowing down mortgage options and selecting the loan that best suits you can be intimidating. Sometimes it’s hard to even know where to start. If you’re on the road to homeownership, here is some information outlining the major types of mortgages that you should know about as you begin exploring options.

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Budgeting Advice for Young Professionals

October 20, 2014

Post-grad life welcomes the beginning of a professional career and brings a new array of challenges and opportunities. As you adapt to a more steady pay schedule and take on new financial responsibilities, it is pivotal that a budget takes priority. Learning how to budget for your new lifestyle takes time, but will help you significantly in the long run as you strive to keep your finances in line.

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Teaching Teens about Financial Responsibility

August 20, 2014

As children make their way through adolescence, responsibilities increase, and in many cases these responsibilities bring new monetary obligations. Through getting their first job and earning their driver’s license, finance management concepts become more tangible.

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Understanding College Financial Aid

July 24, 2014

It may only be the end of July, but back-to-school season is upon us. For some this may mean new pencil boxes and crayons, but for others the start of a new school year is associated with a hefty bill. College and university price tags can be intimidating, but financial aid is available to help ease the burden.

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How to Protect Yourself from Identity Theft when On-The-Go

June 27, 2014

Summer is here and vacation season is upon us. Dealing with the misfortune of having personal information compromised while trying to enjoy your travels is the last thing you want to be concerned about. Take the proper precautions as you set out on your next vacation, and you will have peace of mind knowing that your personal information will be more secure.

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Teaching Your Children About Borrowing

May 16, 2014

When teaching children about the value of money, borrowing should be a component of the lesson. Saving, rightly so, is often a focal point, but as people mature and life gets more complicated, it becomes evident that saving may not always be as glamorous or straight-forward as one would wish.

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Understanding Your Credit Score

May 16, 2014

A good credit report is essential to your financial well being. Credit scores are often used by lenders as a predictor of how likely you are to repay your loans. Creditors will also use this score to help determine your credit worthiness and how much you can afford to borrow.

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Money Management throughout Life Stages

February 24, 2014

Almost everyone wants to stay on top of their finances, but money management isn't always straightforward. Priorities shift over time - and often you're faced with unplanned expenses.

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New Year's Resolution: How to Stretch Your Dollar in 2014

January 23, 2014

Almost everyone wants to save more money, and the New Year is a great time for reviewing your financial goals. You don't need advice on how to spend less - you already know that sacrificing meals out and shopping for new clothes less frequently can save money. But there are other ways to be smart about your finances and watch your savings grow in 2014.

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Choosing the Right Bank

December 16, 2013

Which bank is right for you? With all the choices, you need to do your homework. Think about what matters most.

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Efficient Home Energy

October 23, 2013

The first step in creating an energy efficient home is taking the initiative to learn how you can create a house that doesn't waste energy. Throughout the entire house, there are many opportunities to improve the quality of life while also saving money. By making a few changes, you will start to see your energy bill get smaller and your bank account getting bigger from the money you will be saving.

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5 Personal Financial Tips

July 23, 2013

Taking control of your money can be a hard task for many. With the cost of food, electronics, and almost everything on the market rising, it is hard to know where to draw the line. Let’s start by reflecting on some of your recent purchases. Were these products needed for your everyday life? For the next week, write down every penny you spend and don’t leave out the daily coffee! Start to eliminate purchases you do not need.

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Pre-Qualification vs. Pre-Approval: There is a difference when applying for a mortgage

April 19, 2013

Buying a home can be one of the most rewarding experiences in life, yet it can also be one of the most stressful.

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Insuring Peace of Mind

March 15, 2013

Measures have been taken by the federal government and private insurance funds to protect deposits made at bank and credit unions to ensure that your money is safe, should the insured financial institution shutter its doors.

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Protecting Your Identity and Personal Security

October 24, 2012

With the growing number of ID theft reports each year, it's more important than ever to take every precautionary step possible to protect your private information.

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Summer Fun on a Budget

June 21, 2012

These tips will help you enjoy your summer without forcing you to break the bank. 

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Driving Smart - A Savings Guide for Nervous Parents and New Drivers

March 28, 2012

Don't let the thought of your teenager behind the wheel stress you out. Instead, sit back, buckle up and enjoy the ride of this monumental occasion.

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Money Advice for Young Professionals

March 1, 2012

These financial tips will help you get started on the path to independence.

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Expenses You Should Never Put on a Credit Card

October 28, 2011

Expenses can add up quickly and if money is tight, you could be paying off your credit card debts for a long time.

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Paying off Your Mortgage Early

September 11, 2011

Paying off your mortgage early will not only reduce your financial stress, but will give you the freedom to put those funds to other good uses, such as savings, college tuitions and retirement.

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Sharing Is Not Always Good

May 5, 2011

Read and understand your financial institution’s privacy policy and ask which types of sharing you are able to limit.

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Vacation Planning that Won't Break Your Budget

March 2, 2011

It is not impossible to take a nice vacation; it just requires some financial planning.

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It Pays to Comparison Shop

February 22, 2011

The more you comparison shop and understand the differences between financial products at various banks, the better chance you will have of making the right choice for your needs and lifestyle.

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Why Now is a Good Time to Buy a Home

January 4, 2011

With benefits including historically low rates and tax breaks, why not take advantage?

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Online Banking: Protecting Your Personal Information and Your Money

September 29, 2010

Online banking is the future; it is important to become familiar and comfortable with the technology to protect yourself and your assets. 

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Teaching Teens How to Save

September 1, 2010

It's important, now more than ever, that parents sit down with their teenagers and teach them the basics of saving and spending correctly. 

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Frugal Shopping Tips for Consumers

July 27, 2010

Frugal shopping tips are fun and creative ways to keep money in your pocket, while getting the bargains you need.

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Going Green

June 25, 2010

Green living can save you money and reduce your environmental impact. 

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Your Dollars Count: Where you Shop Makes a Difference

February 8, 2010

Whether it's here in Melrose or in other communities nationwide, there's long-term value in supporting local businesses.

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First-time Homebuyers Tips and Advice

January 8, 2010

Here are some tried-and-true tips and timely advice which could help you along your journey toward becoming a homeowner.

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Control Your Debt: Maintaining Your Credit in a Down Economy

July 1, 2009

Without action, the accumulation of debt can have a drastic effect on your life.

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Secure Investment: Understanding Certificates of Deposit

March 19, 2009

Does a certificate of deposit (CD) make sense for you?

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Money Sense for Women - Taking an Active Role in Family Finance

February 11, 2009

Knowledge is the power to control your financial future.

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Financial Health and Well-Being for the New Year

December 18, 2008

Have you thought about your New Year’s Resolutions yet? Consider setting some financial goals.

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Smart Spending During the Holiday Season

November 14, 2008

Here are some ways to keep your spending in check and avoid a mountain of debt after the new year.

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Budgeting Advice for Students

September 23, 2008

It can be a particularly difficult challenge for students - especially those in college - to create a budget and stick to it. Here's some advice.

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Identity Theft and Protection: Prevention is the Best Defense

August 25, 2008

We are all vulnerable to identity theft.  Here are some tips to protect yourself.

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Baby Steps: Financial Advice for First-Time Parents

July 17, 2008

You're having a baby, and your mind is reeling with the changes that are about to happen in your life.

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Put Extra Money to Good Use, Consider a Certificate of Deposit

July 1, 2008

Did you recently receive a bonus or an unexpected windfall such as an inheritance? Or maybe you just have some extra money sitting in a checking or savings account as an emergency fund.

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For Graduates, Monetary Gifts Can Keep on Giving

June 3, 2008

It’s never too early to think long term when it comes to finances.

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Choosing the Right Bank

April 25, 2008

Tips for selecting a banking relationship at an institution that is a good match for you and your needs.

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"Subprime"- A Real Concern

February 22, 2008

This does not have to be another year of fear and struggle for many homeowners with subprime mortgages, if they realize that they are not alone.

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Debit Card Safety

January 23, 2008

Automatic teller machines allow users to access cash within seconds at any time of day or night – around the corner and around the world. But with convenience comes cause for caution.

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Overdraft Protection

December 18, 2007

There are three main tools that are commonly offered by most banks. Use these tools in combination with careful management of your account and you can avoid the embarrassment and inconvenience of denied purchases and dishonored checks.

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Teens and Money

November 2, 2007

Teaching teens about money is really about preparing them to be responsible, self-reliant adults.

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Pre-Qualification vs. Pre-Approval

October 31, 2007

Learn tips to successfully navigating your way through the three phases of the mortgage process. 

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First Time Homebuyers

October 29, 2007

With some careful planning and the guidance of good professionals, the purchase of your first home can be a dream come true.

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Online Banking "Life in the Fast Lane"

September 6, 2007

Online banking and bill payment are now services that banks provide as another convenience for their customers.

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Building Your Dream Home? Prepare Your Financing Now

July 3, 2007

While building your own home can be an exciting and rewarding process, it can also be stressful and confusing. Knowing how to save and finance for this time in your life can make things much easier.

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Individual Retirement Accounts: Options for Your Future

April 4, 2007

IRA's are just one tool in an arsenal of financial resources available at your disposal.

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Spending and Savings Plans

December 19, 2006

By following some easy guidelines for savings and spending, you will be on your way to achieving your financial goals now and in the future.

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Surviving the Holidays Without Going Into Debt

November 6, 2006

By planning and following these suggestions, you can ring in the New Year debt free, and truly enjoy the reason for the season.

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529 Plans: A Smart Plan for College Savings

October 13, 2006

Next to saving for retirement, if you have children, the largest financial challenge you face is the ability to pay for their college education.

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Get the Most Mileage Out of Your Auto Loan

September 29, 2006

For many people a car is one of those necessary evils. Here is some advice to make sure you don't get taken for a ride.

 

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Your Credit Report: Five Steps to Improving Your Credit Rating

June 30, 2006

Building and maintaining a good credit record is one of the best ways to insure that you consistently receive the best credit rates available to you, and will give you financial peace of mind.

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Interest-Only Mortgages Aren't for Everyone

November 4, 2005

Homes in Melrose are expensive, 25% more than the state average. So, how can you afford the house you really want?

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Protect Yourself From Phishers and Pharmers

October 7, 2005

Remember, your bank will never send you an email asking for your passwords or account numbers, so avoid being hooked!

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Reverse Mortgages: Elders Have Options

September 9, 2005

Reverse mortgages are very complicated, very expensive, equity depleting, and for most seniors there are often less costly alternatives.

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Retirement: Start Planning Now!

August 5, 2005

The simple truth about retirement is, the sooner you start saving, the more you will accumulate and the more comfortable your retirement will be.

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Kids and Money

July 8, 2005

Saving money is habit-forming. The money management skills you teach your children now will pay off in years to come.

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Applying for a Mortgage

June 3, 2005

If you're on the road to homeownership, here is some important advice to help you navigate the mortgage process and avoid a bumpy ride along the way.

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