Posts Tagged ‘oil and gas prices’

23
Jan

Mortgage Rates January 23, 2009

   Posted by: Cal    in Gulf Coast Mortgages

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According to FED member Frederic Mishkin in an interview on CNBC this morning, we could see inflation begin to creep into the economy based on all the government programs on the drawing board.

If there is anything that will scare away bond investors…it is the word inflation.  This combined with the summer driving season right around the corner which will inevitably lead to higher oil and gas prices means that we will likely see much higher mortgage rates in

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