Money Flow

In this episode of WECU Ask the Expert, Nick Borg, a real Estate Loan Origination Supervisor is interviewed about the current housing market, first-time homebuyer tips, and strategies for existing homeowners. With years of experience helping individuals find the right financing, Nick shares his expert advice on navigating today’s high interest rates, calculating how much home you can afford, and the benefits of working with a local lender like WECU.   Key Topics Covered: • What’s happening in the housing market right now • Buyer vs. seller’s market: Is now a good time to buy? • Essential tips for first-time homebuyers, including budgeting and financing options • Condos vs. single-family homes: Finding the right fit for first-time buyers • Saving for a down payment and understanding closing costs • Financing renovations for existing homeowners and using home equity • The advantages of WECU’s local loan servicing for a seamless experience Whether you’re a first-time buyer, a homeowner looking to make upgrades, or just curious about the current market, this interview offers practical insights for anyone interested in real estate. Don’t miss out—watch to learn more and get started on your homeownership journey with confidence!

In this episode, Reid Frederick, WECU's Director of Community Impact, delves into a range of timely and critical topics. From navigating the challenges of inflation and rising credit card debt to exploring the evolving definition of the middle class, Reid provides valuable insights. The discussion also covers the growing trend of "buy now, pay later" services, offering an interesting look at the financial landscape today.   SOURCES: :34 https://www.newyorkfed.org/microecono... 1:01 https://qz.com/why-are-margarine-pric... https://www.nerdwallet.com/article/fi... 1:20   / 14_stick_of_deodorant_fresh_out_of_the_box   https://www.walmart.com/ip/Raisin-Bra... 1:36 https://www.doorloop.com/blog/average... 2:16 https://www.ers.usda.gov/data-product... 2:26 https://www.epi.org/publication/chart... 4:14 Money Management International- Partner with WECU https://www.wecu.com/mmi/ 7:20 https://www.investopedia.com/buy-now-... 11:40 https://www.fox13seattle.com/news/mid... 12:04 https://www.pewresearch.org/short-rea....

Like a guest who overstays his welcome, inflation is getting on our nerves. The latest inflation data, released by the Bureau of Labor Statistics on March 10, showed prices increasing 8.5 percent over the same period a year ago. This means that the prices of many things including gas, meat and eggs, and appliances have increased dramatically. For some people, these increase in prices are just a slight annoyance. For others, they’re becoming a bigger deal. What’s the best way to cope with higher inflation? That’s what we’ll talk about on the show today. This episode features a conversation with Reid Frederick. Reid is WECU’s Director of Community Impact and personal finance expert. He has a degree from Western Washington University and has taught thousands of people about how to budget, plan and save.

In the very first Money Flow Mini, host Keith Mader speaks about inflation. 

This episode features an interview with Jerimy Saldivar, WECU's Director of Member Experience, about banking trends. Topics discussed include fintech, bitcoin, blockchain, and buy now pay later.

With so many credit card options available it can seem daunting to pick the right one. In this episode of Money Flow, host Keith Mader interviews Tom Rose, WECU's Director of Consumer Lending. 

A credit score is a three-digit number which is designed to represent your credit risk, or the likelihood you will pay your bills on time. Beyond impacting your ability to get approved for a loan it can also impact other facets of your life. In this episode of Money Flow we speak with Reid Frederick, WECU's Director of Community Impact, about the topic of credit scores.

In this episode of Money Flow, host Keith Mader speaks with WECU's Consumer Loan Manager, Irene Boyer about the topic of refinancing an auto loan.

April is Youth Month and on this episode of Money Flow, host Keith Mader interview's Caitlin Willson about youth financial education. 

In this episode of Money Flow, host Keith Mader interviews Nicolas Longo, a Manager in WECU's Real Estate Department, about real estate trends in the Northwest Washington housing market.

Studies have found that individuals who are most successful with money have rules of thumb that they follow. WECU financial education experts have identified what they believe to be the 10 most important Money Golden Rules. Then, WECU asked credit union and community members to rank them from 1-10. In this episode of Money Flow, host Keith Mader speaks with WECU's personal finance expert, Reid Frederick, about the results.