Not sure what to think at this point in light of the inflation data. If the economy is really headed towards a recession, then the Fed might have its work cut out for it. I would think that it wouldn't be so easy for them to stimulate growth if inflation lurks.
I'm not planning on making any large moves as a result of my nervosity, however. I suppose it might change how I deploy fresh funds for the retirement accounts in the upcoming year. What fun we are all having.
you might want to consider shorting some things to hedge your house.
ReplyDeleteon the bright side things could easily get bad enough for Freddie/fannie to do jumbo loans and you could refi at a better rate
I'll think about it... I'm not so good with shorts. Then again, lately I've not been to good with longs. Maybe I should give up. Haha. Just kidding.
ReplyDeleteRight now Jumbos are still really high, and my current fixed rate is still a fair bit better than what's available. I guess we'll see how the jumbo market is going forward.
And, I suppose the house is some sort of protection against inflation, but not sure if I really believe the conventional wisdom on that subject.