Is inflation trending in the right direction yet?

Or just keep renting/waiting (mortgagetruth).Today’s Interest Rate: 6.99%(👇 .09%, from this time last week, 30-yr mortgage)Briefly, because I want to get right to our main topic of today’s newsletter, a few comments on what Jerome Powell said on inflation this week.

In an era of low inventory, high inflation & mortgages rates, and strong competition, good investment opportunities become more scarce.

I’m scrapping up money to invest and this 401k just sitting there barely appreciating (I actually lost money with inflation) .Thanks 

In today's market current inflation is actually higher than the rate we are paying to borrow for 30 years. 

I also dislike the equivalent of grade inflation- in the sense of just because it's all average wear and tear (?)

The low rates were an anomaly and totally unnecessary, as today's reality shows that the economy can boom without them and created that inflation scare that nobody wants to see again.2.

If you inflate ARV, diminish repair costs and lie about the property value it won't close a deal for you, It will just tarnish your reputation and make them shun you next time.

However, this seems like an inadequate amount if costs rise for Future Value with a 3% inflation rate.

I highly suspect maintenance/cap ex over long hold to be closer to $400/month than $132/month and it will in no way be $0/month and leaving it out to inflate the return for any reason including it has just been rehabbed or is new construction is absurd and misleading.