Are You a Victim of Stealth Inflation?

Are you familiar with the term "Stealth Inflation"? It's kinda like raising the prices on something without anyone really noticing.

For instance, say you love a particular brand of peanut butter and always buy the 16 oz jar for $3.49 (I'm just making up numbers here, so stay with me). The next time you buy your favorite peanut butter, it is still $3.49, but the jar contains only 14 oz. To make it worse, the company got sneaky and is using the same size jar, but the bottom is now concave so it holds less without being obvious about it.

Chances are, you may not have noticed as they do it over time. If you have, congratulations. My personal favorite (hint of sarcasm intentional) is that my soap now looks like someone has been whittling out the middle of the bar. The price has not gone down, but I get fewer uses from the soap.

Would a mortgage company do this? Sure... why not?

To read the rest of the story, please visit the Northwest Indiana Loan Guy blog

Scott Swinford, your Northwest Indiana Loan Guy

Your source for Indiana FHA loans, Indiana FHA 203(k) Streamline loans, Indiana USDA Rural Development loans, and much more.