Small Ways to Save Every Day

Small changes you implement into your daily life can make a big impression on your financial health. If you’re looking for ways to save money every day without committing to a major financial overhaul, consider the following ...

What is Private Mortgage Insurance?

One of the biggest hurdles potential homebuyers face is saving enough for the down payment and closing costs associated with buying a home. One misconception out there is the thought that you need at least 20 percent down to purchase ...

Should You Buy a Foreclosed Home?

Many home buyers look at foreclosed homes as potentially great deals. However, the reality is that buying a foreclosed house can come with downsides that outweigh the initial advantages. The following are some of the factors to ...

National Homeownership Month – 2020

June marks National Homeownership Month – a month dedicated to celebrating and promoting the benefits homeownership brings to individuals and families across the country. Colonial has been proudly offering a wide variety of ...

Things to Consider When Buying a New Truck

Pickup trucks are big, powerful vehicles that make a practical and versatile choice for a wide range of uses. They’re also popular, and automakers are offering them with an ever-growing number of price points, styles and features ...

Healthy Late-Night Snacks

A major challenge of dieting is to lower your caloric intake while increasing your energy expenditure. While burning off calories is a crucial step to achieving any fitness goal, it can also leave you hungry. Here are 10 low-fat ...

Tips for Saving Money on Clothing

With so many occasions and seasons to dress for, your clothing budget can easily get out of hand. While it’s nice to have a wardrobe that can address every scenario and social gathering imaginable, you simply don’t have the ...

What is Escrow?

If you have ever shopped for a house, you have heard of the term “escrow” or the phrase “in escrow.” It’s usually used regarding real estate, but it is also applicable to other large purchases, especially when you want ...

When to Crack into Your Retirement Savings Early

While it’s usually best to avoid withdrawing from your retirement funds early, there are a few special situations when it can be advantageous to do so. Discover which scenarios might legitimize this transaction and learn how ...

When You Need a Co-Signer

If it’s your first time buying a car, it is likely that you won’t have enough funds to pay for it in cash. If you are a young driver, you likely also won’t have the necessary credit history to support a financial institution’s ...