If you’ve seen the news lately, you know concerns about inflation are increasing. But what does it really mean to you?

The fact is, inflation is a very serious issue, and it will likely be on the rise as 2009 proceeds…and along with it, home loan rates will rise too.

To help you learn more about this important topic, I want to send you a link to a short video, featuring the nation’s foremost mortgage industry expert. In this video, you’ll learn how inflation impacts interest rates and what the outlook is for down the road.

Because home loan rates will be on the rise and you are looking to purchase or refinance your home now’s the time to act.

Contact me today to discuss your specific situation, and feel free to forward this email and video link along to others that you think might benefit from it as well.

Watch the Video

What a roller coaster ride it continues to be; if you want a more in-depth look at last week’s economic activity and how it impacted mortgage rates you can go to my website at www.curtconkling.com and click on MMG Weekly icon.  Check out this other website from the Federal Housing Administration http://www.fhaoutreach.gov/FHAFAQ/  regarding frequently asked questions.

Curt Conkling; curt@curtconkling.com

What’s Going on with Inflation and Interest Rates? is a post from: Real Encinitas Real Estate and Carlsbad Homes

What happen last week to home loan interest rates?

            With all of the spending the federal government is doing to stimulate the U.S. economy it has to pay for it through selling treasury bills to raise cash.  Along with the sale of treasury bills, an increase in mortgage back securities is hitting the secondary market which has created an over-supply of new bonds in the market.  This drives the prices of bonds lower and interest rates higher.  In addition to this over supply of bond money some not so worse than expected economic numbers have given hope to investors and have spurred a rally in the stock market thus fewer dollars being invested in the safer bonds and more dollars are invested in the riskier equities market.

            Ouch…the reality is that where the 30 year fixed rate was around 4.75% a week ago is now more around 5.375% and it is not likely that we will see these rates come back down anytime soon.  Don’t get me wrong rates are still historically low, but what this shows us is that low low rates are not going to be here forever and those consumers that are looking for the lowest rates before they commit will ultimately lose out.

What a roller coaster ride it has been; if you want a more in-depth look at last week’s economic activity and how it impacted mortgage rates and more interesting facts you can go to my website at www.curtconkling.com or click on MMG Weekly.

Interest Rates for Home Loans are changing is a post from: Real Encinitas Real Estate and Carlsbad Homes