While no one knows exactly where rates are headed, experts do think they’ll continue to rise in the months ahead. In the meantime, if you’re looking to buy a home, know that rising rates do have an impact. As rates rise, it’ll cost you more when you purchase a house. If you’re ready to buy, it may make sense to do so sooner rather than later.

2022 Housing Market, Buyers, Home Buying, Mortgage Rates, Mortgage, Rental Rates, Real Estate StatisticsLyn TrayteApril 14, 2022Mortgages, Mortgage Rates, Affirdbility, Interest Rates Forecast, Rising Interest Rates, Buyers, Home Buying, Phoenix Market, Phoenix StatisticsComment