http://www.fivecentnickel.com/2005/11/16/money-moves-for-2006-part-1-your-home/ personal finance tips, tricks, and commentary Sun, 22 Nov 2009 03:39:46 -0500 http://wordpress.org/?v=abc hourly 1 http://www.fivecentnickel.com/2005/11/16/money-moves-for-2006-part-1-your-home/comment-page-1/#comment-965 tom nickel Sun, 11 Dec 2005 07:06:46 +0000 http://www.fivecentnickel.com/?p=214#comment-965 I am one year into an ARM with 4.5% rate now and guaranteed not to go up for another 28 months. And then no more than 1% a year based on the government T-bill or something like that(sorry). Should I move to a fixed rate now? Thanks. I am one year into an ARM with 4.5% rate now and guaranteed not to go up for another 28 months. And then no more than 1% a year based on the government T-bill or something like that(sorry). Should I move to a fixed rate now? Thanks.

]]> http://www.fivecentnickel.com/2005/11/16/money-moves-for-2006-part-1-your-home/comment-page-1/#comment-830 Kay Bell Fri, 18 Nov 2005 17:53:37 +0000 http://www.fivecentnickel.com/?p=214#comment-830 If you are investing in real estate I'd just add that you need to know that tax implications. Unfortunately, a lot of folks don't take that into consideration. I wrote this story http://www.bankrate.com/brm/news/tax/20050922a1.asp that offers some advice in this area. If you are investing in real estate I’d just add that you need to know that tax implications. Unfortunately, a lot of folks don’t take that into consideration. I wrote this story http://www.bankrate.com/brm/ne.....0922a1.asp that offers some advice in this area.

]]> http://www.fivecentnickel.com/2005/11/16/money-moves-for-2006-part-1-your-home/comment-page-1/#comment-825 Belasarius Thu, 17 Nov 2005 13:55:36 +0000 http://www.fivecentnickel.com/?p=214#comment-825 Good advice all! I would also suggest that if you're older you might also look into a 15 year fixed. My wife and I are in our early 50's and locked in a 4.75% fixed at 15 years which will having us owning our home by the time we retire (Holy 1950's Batman!). The advantage for younger homeowners who might be moving is that you do build equity faster and get lower rates. Good advice all! I would also suggest that if you’re older you might also look into a 15 year fixed. My wife and I are in our early 50’s and locked in a 4.75% fixed at 15 years which will having us owning our home by the time we retire (Holy 1950’s Batman!). The advantage for younger homeowners who might be moving is that you do build equity faster and get lower rates.

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