patrick.net

- Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.

Paul Ashworth, senior U.S. economist at Capital Economics, said he thinks the Fed won't start raising rates until late next year -- and possibly not until 2012.

http://finance.yahoo.com/news/Consumer-inflation-vanishes-a-apf-257098868.html?x=0&setopStories&pos=1&asset=&ccode=

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Well, good news for those waiting to buy a house... I have little fear of being priced out of any home purchases until 2012... If i can still get a 4-5% home loan in early 2012... Then why the hell would I want to risk buying now..   I'll wait until our downpayment grows larger over the next 1 1/2 years and continue renting.