204529 Resource 178438 178982 178982 1211292300682 1211293424761 Controlled Inflation Surprises Wall Street

April inflation numbers released this morning hit the stock market

<p><font face="verdana,arial,helvetica,sans-serif" size="2">The U.S. government released April inflation reports early this morning and the core rate of inflation was twice what economists expected. (Guess they haven't been shopping lately....) Since the stock market had not anticipated the numbers, stocks fell on opening in reaction to the news.</font></p><p><strong><em>Inflation increases are not good for mortgage rates either.</em></strong> Keep in touch with your mortgage broker if you're deciding whether to lock now or later. If you are thinking of buying a Flagstaff home, now is the time before inflation, and rates, get worse.</p> 9 application/xml false home loan rates inflation mortgage bond market mortgage rates stock market Concerns Over Consumer Spending And Oil Prices Send Stocks Lower http://online.wsj.com/article/SB121128031122406745.html?mod=rss_whats_news_us Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.1.4322; .NET CLR 2.0.50727; .NET CLR 3.0.04506.30; .NET CLR 3.0.04506.648) 127.0.0.1 127.0.0.1 aheitland 24.121.32.9 false true false false true 178975 false false true false false false true 178438 blog blogsite/BestFlagstaffHomes/web