The health of the world ECOLOGY and ECONOMY are unexpetedly diverging as we learn more about the global need to thoughtfully plan the use of our resources. The unintended consequence of a global push for "Green" is a shift in farmland use. With the rise in the demand for ethinol, farms world wide switched crops from grain and rice to corn. According to the BBC (and others) 
this shift caused global rice prices to go up over over 70% in the last year triggering an alarming problem for already impoverished nations.
The increase in this most basic comodity is already affecting world Economic Markets, governments seeking relief from the US and charities trying to fill the gap. Global inflation could easily be the push that sends the US past recession into Stagflation - as inflation limits the Feds ability to lower interest rates. At the very least, it will cause market forecasters to lower the chances of a large Fed easing in May.
For more information on current mortgage rates, contact Steve and Eleanor Thorne
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