higher interest rates still good

Yes, interest rates are going up. Yes, they are higher than they have been in the past 4 years. But rates are still good. They are not where they were 6 years ago or even back in the 1980's. Can you imagine if you had a 11% interest rate from 1980's? At 7% on a $250,000 loan, your payment would be $1,663. With a 11% interest rate that payment would be $2,381!!! So if you are thinking about buying, don't hesitate. Do it now before the rates get higher.