What is Inflation?

Inflation Definition

A gradual decrease in the value of money and the increase in the price of goods and services. As time goes by, people can purchase less with a dollar than they could ten years ago, but they also (generally) make more money. This is the process known as inflation. One of the ways the federal government seeks to slow inflation is gradually rising interest rates when the economy is strong.


If you’d like to learn more, simply fill out the form below and a friendly FHA Streamline Refinance specialist will get in touch!