Mortgage rates are on the rise. Is inflation on the way?

Image by TheTruthAbout via Flickr Maybe. When mortgage rates start rising it's a good indication that inflation is right behind us.

Related articles

• Mortgage Rates Spike, With 30-Year at 4.83% (online.wsj.com)
• U.S. Mortgage Rates Reach a Seven-Month High (dailyfinance.com)
• Mortgage rates take another big jump; 30-year avg. hits 4.83%. (usatoday.com)
• Freddie Mac: 30-yr mortgages highest since May 20 (marketwatch.com)

What? Take away the mortgage interest deduction?

Image via Wikipedia The real estate industry is suffering enough as it is. The industry would take another big hit if the Obama administration moves to take away the mortgage interest deduction. This is a VERY BAD idea.

Related articles

• Will deficit kill mortgage tax break? (lansner.ocregister.com)
• Here's How We Got The Mortgage Interest Tax Deduction, And Why We're Never Getting Rid Of It (businessinsider.com)