Look, mortgage interest rates have been on the rise. Right now, they are already over three-quarters of a percentage point higher than they were in January. Freddie Mac reports that rates for a 30-year fixed mortgage just rose to  4.72%. Here's the thing: Those rates are only expected to rise. The interest rate you secure when you purchase a home impacts not only your purchasing power, but also your monthly costs and how much you actually spend on a home. So, while many people think that they … Continue reading...