It is important to decide exactly why you want a new home for your family and decide on a budget that will be comfortable moving forward.
Logically it makes the most sense for the price of the house to drop when interest rates are rising, but this is not always the case.
Studies have shown winter buyers are buying because they need to move right away either for a relocation or personal situation.
Potential homebuyers are always cautioned to be aware of mortgage lending standards and the difficulty they might face when trying to obtain a mortgage.