Discover the benefits of 5-Year ARM Mortgage Rates in our comprehensive guide. Dive into the world of Adjustable-Rate Mortgages, exploring how MIDFLORIDA Credit Union offers affordable options without sacrificing stability. Learn about ARM nuances, qualification criteria, and find out if a 5-Year ARM aligns with your homeownership goals. Navigate the realm of ARMs for informed mortgage decisions.

It's that time of year again when countless deals and discounts tempt us at every retailer. As consumers, the promise of quick discounts if we open a store credit card can be enticing, but are these cards worthwhile? In this blog, we'll delve into the hidden costs of store credit cards and empower you with the knowledge to make strong financial decisions this holiday season. 

Explore the pros and cons of waiting to buy a home in a high-interest rate environment and see how it compares to buying now. Is it the right time for you to invest in your dream home?

Elder financial fraud is a serious problem that is on the rise. According to AARP over $36 billion was lost to elder fraud in 2020 and 2021. This type of fraud can have a devastating impact on elderly victims, who may have limited financial resources and may be more vulnerable to manipulation.

In today's rapidly changing economic landscape, having financial literacy has become an essential skill for individuals seeking to make informed decisions and secure their financial well-being. To address this growing need, we proudly present MIDFLORIDA Money Minute, an innovative financial literacy eLearning platform designed to empower individuals of all ages, from teens to seniors, by providing them with valuable financial education and resources.

It is no secret that insurance companies take many different factors into account when deciding how much to charge someone for their premium, including their credit score. Some people might be surprised to find out that their credit score could be one of the reasons why their insurance rates are so high, while others might not be surprised at all.

BauerFinancial ratings explained.

After a few bank collapses earlier in the year you may have starting seeing stars - not Orion’s Belt or another constellation but rather the BauerFinancial™ Star-Rating. So what should you see in the stars? 

As a Florida resident and a credit union member, it is crucial to be prepared for hurricane season. Failure to prepare for potential hurricane damage can lead to expensive and stressful property damage. However, with proper preparation, you can ensure your safety and peace of mind during a storm.

An investment strategy that is regaining popularity among savvy savers is deposit laddering. This financial strategy allows you to take advantage of higher rates while still maintaining varying intervals of accessibility to your funds. Keep reading to learn how it works.

- Vanessa Hernandez, Chief Retail Officer

Creating a personal budget can be overwhelming, especially when you're just starting. But it doesn't have to be. With the proper guidance and a little effort, you can create a budget that works for you and your financial goals. Here are seven tips to help you start your budgeting journey.