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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?


To: Neeka who wrote (186258)11/8/2009 1:49:38 PM
From: Alan Smithee  Read Replies (3) | Respond to of 225578
 
I believe we are going to suffer more deflation rather than inflation in the coming years, but I'm still formulating my thoughts and ideas around that belief.

I don't know enough of economics to know whether we're in for inflation or deflation. I'm a 7/1 ARM, however, that adjusts this year. It likely will adjust down, but I don't want to risk further adjustments if we get into an inflationary cycle. In the process of a refi that will knock the rate down .75% on a 30 year fixed.