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second home: Your Local Gas Station May Be Able To Tell you Tomorrow's Mortgage Rates - 05/13/09 03:10 PM
 
The retail price of gasoline is rising nationwide, now up 30 percent since the New Year.
It’s a similar run-up to what we’ve seen for retail gas prices in each of the last 5 Spring Seasons.
For people trying to time the mortgage markets bottom, clues about the future of mortgage rates may be at the local gas station.
Rising gas prices are indicative of the rising cost of energy and, indeed, crude oil is closing in on its 2009 high point.  As these energy costs grow, so do inflationary pressures on the U.S. economy.
Inflation, of course, is awful for mortgage rates. … (0 comments)

 
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Chad Lariscy

Blairsville, GA

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Keller Williams Realty Mountain Properties

Address: 108 Blue Ridge Highway, Blairsville, GA, 30512

Office Phone: (706) 623-8186

Cell Phone: (706) 633-8186

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Real Estate advice in the North Georgia Mountains. ReVIEWS on things to-do in the Mountains, places to shop, and places to eat. ReVIEWS on where to go and what to see.


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