CPI Report Released – Inflation Growing Rapidly
As we reported earlier this week, the September Consumer Price Index Report was released by the Fed on Wednesday.
According to CNN Money, inflation is currently growing at its fastest rate in 4 months. Year to date, inflation is growing at 3.6% - compared with only 2.5% for all of 2006.
The impact of the report on the mortgage market remains to be seen; however, you may read the full article here and remember that the real estate market is a dynamic and unique one! An experienced Realtor is always your best resource for learning about a local real estate market.
To learn more about
