Remar's Report

Is the Time Right to Refinance Your Home Mortgage?

October 2014

During the last two years, average home values have continued to rise across the United States. In many areas, existing homes have regained at least half of the value lost after the real estate bust of 2007 and during the Great Recession. At the same time, mortgage interest rates have stayed within a range of historic lows. When rates were at their lowest in 2013, many people with equity in their homes refinanced their mortgages to lower their interest rates and monthly payment amounts. For a variety of reasons, other homeowners sat tight with the mortgages they had. This year, many economic analysts have been predicting that interest rates will soon rise more sharply. Although it has not yet happened, the potential that interest rates will increase must be considered. Taking all of these factors into account, you may be wondering if the time is right for you to refinance. Weigh the following points along with your individual needs and objectives to help you make the decision.

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Protecting Your Money from the Most Common Consumer Complaints

September 2014

Would it surprise you to know that the top consumer complaints of 2013 included problems with new and used auto sales, trouble with home repairs, and scams against the elderly? Unfortunately, it does not surprise me at all. The challenges highlighted in this report come from the latest national report and are based on data from local and state consumer protection agencies which were compiled by the Consumer Federation of America and the North American Consumer Protection Investigators. In over 30 years as a consumer advocate, I’ve read many complaints like these and have worked to provide useful information to help you avoid such problems. Corning Credit Union is also a vital advocate for your financial well-being. They provide resources to help you make well-informed decisions whenever you need to buy a new or used vehicle, carry out successful home repairs or remodeling, and protect yourself or older family members from targeted scams. Avoid becoming part of the consumer protection agencies’ complaint data. Keep reading.

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Where Are You Keeping Your Important Documents and Valuables?

August 2014

We all have important documents. Many of us have items that we consider irreplaceable. Do you know where yours are? Are they protected from water, fire, and other threats? This month’s report looks at ways you can keep and protect your important items.

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What’s the Catch? Five Popular "Offers" to Avoid

July 2014

Enticing offers pop up frequently online, on TV, and in stores for services or goods that you might actually use if they were legitimate. But are they? Is there a catch? If so, what is it? What are your real alternatives? This report looks at five of the most popular advertising come-ons.

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Vacation Travel Tips and Traps

June 2014

Memorial Day has slipped past on the calendar. The great summer vacation season is upon us. Whether you plan to vacation as a family, a couple, a group of friends, or individually, these vacation travel tips can help you get the most value for your money and avoid popular travel traps and scams.

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The Heartbleed Bug Won’t Be the Last! Stay Safe Online

May 2014

In recent weeks, the Heartbleed security bug has been the headline of hundreds of news stories. Not only were user names, passwords, and other personal information potentially exposed, but there was little consumers could do because the vulnerability was in the security software that many website servers used. Once the bug was identified, the majority of endangered websites rushed to patch the problem.

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