| Most of us have heard all about the sub prime | | | | concern then the Fed can keep rates low. Once |
| mortgage crisis. The news of well known financial | | | | inflation becomes a concern again (and it will), rates will |
| institution's stock has plummeted as a result of gross | | | | have to go back up. If you are wise you will act now. |
| financial mismanagement. Along with the financial there | | | | There are those that predict in the next year that |
| are a myriad of home building stocks that have also | | | | inflation will skyrocket and rates will jump up eventually |
| been pressured to new lows. Times are rough for the | | | | to double digits. Whether this is true or not one thing is |
| housing and financial business. | | | | clear: There has never been a better time to get a |
| Doesn't this also mean that times are bad for those | | | | home equity mortgage. |
| looking for a home equity mortgage? No! It is actually | | | | Just a quick word of caution: When you shop around |
| just the opposite. Do you realize that home equity loan | | | | for a home equity mortgage make sure that you are |
| rates are at or near ALL TIME LOWS! This is the time | | | | comparing apples to apples and oranges to oranges. |
| to refinance because it is just a matter of time before | | | | Look at all hidden fees and various other costs that |
| the interest rates will explode back up. Let me explain | | | | may not be announced. There are still some great |
| why. | | | | deals out there and it is up to you to find them. Good |
| The major concern for the Fed is the fear of inflation. | | | | luck. |
| When inflation subsides or ceases to be a primary | | | | |