I find that most new home buyers are not aware of the rising interest rates and most of all do not have the understanding of the impact they have on them and the amount of mortgage they will qualify for. I demonstrate to them what just a half a percent jump in interest rates can have on them. I further explain why waiting and saving more money will actually cost them more in the end. The time to buy is now, if you possibly can. I can usually get buyers into homes for less cost than they have originally thought, with seller contributions and as little as 3% down on conventional financing. It is usually a lot less costly to get into a home than most people think, and a lot less than waiting and letting interest rates rise.