The Feds Next Move?

With the rise in oil, up 11...11 bucks on friday and inflation in general; we will have tough times ahead of us. I think real estate is slowly stepping away from the spotlight and other issues are popping up as priorities. Inflation is really hurting most Americans and due to this the Fed has hinted to us that their concerns will be to fight inflation rather than rescue the housing slump, hence get ready for higher interest rates. The bottom may not be as close as we think! For Consumers their will be a balancing act. Do you choose to buy while interest rates or low OR do you wait a bit for the prices to go down slighty and pay higher interest rates. If you are in it for thelong term it will pay off to by now with lower interest rate. You will save more in the long run.