With both consumption and household income down last month, it's as good a time as any to rerun this graphic from November.  That Great American Penny-Pinch is making deflation as real a threat to the economy as inflation is. 

The difference, though, is that deflation can be good for mortgage rates.  Inflation rarely is.

Remember that Rates are still below 5%!! Please give us a call.  (314) 993-6690.