A fair warning to Buyers who have been on the fence, waiting for the right time to buy their new home....Mortgage rates are slowly ticking up. Up this week, according to Freddie Mac this last Thursday, the average rate for a 30-year fixed mortgage is now 5.42 percent, up from 5.38 percent a week earlier.
**A sign real estate is on the upswing; To recap the article below, building of new homes and apartments jumped 17.2 percent to a seasonally adjusted annual rate of 532,000 units. Up from April's record low of 454,000 units.**