High Gas Prices Will Effect Other Industries
From the Gas Buddy website, here are current gas price maps:
Shailesh Ghimire at the AgentGenius blog recently speculated that the high gas prices would in turn cause rates to go up too. His logic is simple: the more money we send over to the middle east, the worse our rate of inflation. In the long-term, that means our rates will go up. Inflation causes the price of Mortgage-Backed Securities to rise so loans cost more to consumers. Here’s yet another reason to buy now if you’ve been in the fence.




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