Watching Your Company Stocks

I noticed my company stock shot up a few dollars yesterday with reporting of good quarterly earnings, so I decided at this point in my life I needed to sell a few shares. I decided that I would sell 75 shares which was over half of what I had in order to get some much needed capital to put a down payment on a new home which I also consider a bigtime investment. So if you were in my situation would you also move around some of your money just to get the house of your dreams? I decided that making my payment that much lower and selling while my stock was up was the best decision I could have made at the time. If you have thoughts on this let me know what you think?

Rates Increase

Well yesterday I posted it may be a great time to buy a house with the fed cutting rates. Well this cut was more based on short term loans in order to for corporations to take out more short term loans and hire more people which will help the overall economy. This cut the fed made had a negative affect on long term loans such as mortgages and with inflation these rates will now be over 6% instead of staying in the 5.5% range like they should be.

So be cautious as you are looking around and make sure you find the loan that is right for you..

Right Time to Buy a house!

It may not be a great time to sell a house because of the crashing real estate market, but if you are sitting in a position where you do not own a home and are looking to make the move into a house, then you should be very happy at this point.

First the interest rates on home loans have been dropping recently which could put the house of your dreams within a little closer reach then it may have been just a few weeks ago. If you were looking at a house that might have been to much monthly well if you can lock in a rate under 6% over 30 years then you might just be able to afford a little bit more to put you at your comfort level on your monthly payment.

Good Luck in the House Hunting, I know I am keeping my eyes out for that next great deal aswell..