Mortgage Payment Insurance

Mortgage payment insurance covers the situation in which you are unable to make your mortgage payment for any reason and will make your mortgage payments until you are able to resume. Mortgage payment insurance is very beneficial if you suddenly become unemployed or suffer some disability which presents payment of the mortgage.

How can I get most updated inflation rate?

This is FAQ and if you ask this question most of the answer you will get is refer to national inflation rate. This information can be found in your local newspapers or you can just refer to here. But, this is crap! Reason is this value doesn’t represent the real inflation that you are having. National inflation rate just a rough estimated value. What you really need is the personal inflation rate but not the national inflation rate.

The national inflation rate is measured by the consumer price index (CPI) and the producer price index (PPI). The CPI measures the retail price movement, while the PPI measures the cost of inputs to the producer or manufacturer. These figures are the closest indicators of prices levels but do not reflect the actual personal inflation rate.

Unfortunately, there are many basic items, which are controlled items whose prices are kept down by the regulating authorities, in the basket of goods that make up the CPI. So, your personal inflation rate may actually be higher if you are consuming items that are not covered by the CPI.

So, the most updated inflation rate you want to find is your own personal inflation rate. Your actual personal inflation rate depends on what and how much you are consuming. To get your own personal inflation rate, you can just simply calculate % of increase of your expenses yearly. You will surprise with the % of your personal inflation rate. How far is it from the national inflation rate? You will understand why I said national inflation rate is crap and not accurate.