ENB Insights

A large selection of homes in your local housing market can be a good thing – except when it’s not. While Americans may enjoy the freedom to choose where they live based on home affordability, too many choices can produce decision fatigue.

Every year, millions of consumers fall victim to cybercrime. According to the FBI’s Internet Crime Complaint Center, in 2014, consumers lost more than $800 million from scams initiated through the web. In recognition of Internet Safety Month in June, Ephrata National Bank is highlighting seven tips to help consumers protect themselves from online fraud.

A home appraisal is an impartial evaluation of a home’s value performed by a professional appraiser. What an appraisal allows a bank to do is confirm that the value of your home is more than the outstanding balance on your mortgage plus the amount you are looking to borrow on your Home Equity Line of Credit.

Let’s look at how a cash-out mortgage refinance works, and some potential pros and cons.

Effective cash flow management is key to your business’s long-term success – helping you ensure that you have the funds on hand to cover day-to-day needs, pay for new expenses, or invest in your business. Even if your company is doing well, a slowdown in cash flow can threaten your ability to meet financial commitments and take advantage of critical and…

Let’s look at what debt consolidation is and how it can help you get out of debt faster.

Despite fluctuations in the economy, home values continue to climb.  Reuters reported in June 2018 that U.S. housing prices are expected to rise at twice the speed of inflation and pay. But, what does this mean for renters who are trying to save for a down payment and are doing so at a much slower rate?

Congratulations, you have found your dream home! You and your realtor have worked out all the details with the seller and have finally agreed to the purchase price. Now what?

When times are tough, you can count on scammers to take advantage of the situation. Homeowners who are experiencing financial hardship and have fallen behind on their mortgage payments are particularly vulnerable to these crooks. Fraudsters promise to help homeowners avoid foreclosure, but they just end up causing more harm. In this article, we’ll look at some common mortgage relief scams, red flags to watch out for, ways to protect yourself, and resources that can help you.

Are you in you ready to take control of your life? Sidestepping these 10 mistakes can move you closer to financial freedom.