Home Price Gains Reached 15-Year High in March
When any commodity is in short supply and demand increases, prices tend to soar, and that's exactly what's happening in the housing market. The upside of continuing to look for a home now is that mortgage rates are very competitive, and we don't know what they'll look like in the future. Since we don't know what mortgage rates will look like three, five, or seven months from now, if you delay your home search, you risk getting stuck with a higher rate.
