Lake Mary First Time Home Buyers… perk up. We all know what inflation is and the ugliness that can go with it. Most of us know that deflation is the opposite of inflation…. but don;t know much more than that.
In fact, business TV and newspapers have inflated deflation [sorry for the play on words… but I like doin’ that] as a hot topic this week and, since Monday, Google has tracked 13,000 mentions of it. Make this 13001.
Deflation is a recurring cycle in which the prices of goods and services fall. Suh-weet… falling prices that is so cool, right? Well, um, not really. Why? Human nature.
When prices are declining across many industries at the same time, IT CAN SHUT DOWN THE ECONOMY!
If you think about it…
Find out the ugly truth of deflation by finishing the blog post here:
Talk of Deflation – What Lake Mary First Time Home Buyers Need?
(Image courtesy: The Wall Street Journal)
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Chris Brown
All Around Good Guy
Trinity Mortgage
153 Parliament Loop
#1001 Lake Mary, Florida, 32746 |
Work: 407 377 0500 x 210
Chris@OrlMtgPro.com
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Posted in Borrowers, Economic News, FHA Loans, Home Buyers, Mortgage Advice, Rate Shoppers | Tagged: $7500 Tax Credit, chris brown, deflation, deflations effect on real estate, first time home buyer tax credit, lake mary mortgages, lake mary real estate, lower mortgages rates, orlando interest rates | Leave a Comment » LOWER cost of living for Altamonte Springs Real Estate OwnersPosted by Chris Brown on November 25, 2008
Today, it’s not. Despite a deep, month-over-month dip in consumer prices not seen since 1947, Altamonte Springs mortgage rates not steady by any stretch of the imagination… they are still as volatile as ever! The main reason why rates are fluctuating so, is that the Cost of Living didn’t just ease last month — it plunged. In fact… Check out the rest at: LOWER cost of living for Altamonte Springs Real Estate Owners (Image courtesy: The Wall Street Journal Online) Posted in Economic News, Home Owners, Home Sellers, Mortgage Advice, Refinancing | Tagged: altamonte mortgages, altamonte Springs real estate, deflation, orlando intereest rates, orlando mortgages | Leave a Comment » | ||
If the presence of inflation causes mortgage rates to rise, then the absence of inflation should cause mortgage rates to fall. And, in most markets that’s true.
Orlando Real Estate and the Mortgage Chili Blog 