Inflation Calculator HOW IT WORKS Inflation measures the rate of rising prices in an economy. Contributing factors include an increase in the cost to produce goods or an increase in the demand for goods or services. No matter the reason, inflation is typical and the Fed has an inflation target of approximately 2% (this helps a healthy
Inflation measures how much prices rise over time. When prices rise, the value of a dollar falls and your purchasing power goes down. What is Inflation? The price of goods and services—stuff you buy—isn’t constant; prices change over time. When prices go up, that’s inflation. During moments of inflation, it takes more money
One of the most tedious parts of home buying is gathering the right documentation, but prepping beforehand makes it that much easier. The documents required for a mortgage application can be categorized by type: Proof of Income/Employment, Proof of Assets, Credit History, and Residential History. These give potential lenders a glimpse into your situation so
