|Date:||May 28, 2013|
|Length:||8 / 2121|
|No of views:||0|
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In addition it could be used to judge whether to lock in a mortgage rate or wait a month or two for a better rate.
To see how well the MIP has done in predicting inflation see the December 2005 MIP and others with a reality line added.
The MIP for last month was projecting higher inflation again for this month and that was exactly what we got...
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June or July might be a good time to refinance your mortgage because interest rates tend to follow inflation rates.
How the MIP measured up:
It has been a difficult year for most Inflation predictors. Last December in the wake of hurricane Katrina and massive increases in the price of oil many prognosticators were predicting massive increases in inflation...
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