Interest rates rise in an inflationary market. In other words as commodity prices and home prices go up, the feds raise interest rates to slow any inflationary climb. Interest rates are low now to help spur spending, especially home buying purchasing. You can be sure that when interest rates rise, home prices will be higher.
So to answer your question....right now is a great time to buy. The market has two things going for it for buyers, one low prices and low interest rates. The real estate market has not seen this combination in decades.
I've been working in real estate for over 15 years in Vineland. I have my real estate license with Exit Uptown Realty. I'b be happy to connect you with a mortgage rep that can pre-qualify you. I will search for homes for you, help you sort out which home suits your needs, take you on a tour of homes, help you in the purchasing process which includes sitting with you and your mortgage rep, negotiating a home's sale price, finding a home inspector, termite inspector, title company and if necessary, water and sewer certifications. I will work with you towards every process to get you to settelement on your new home. I will be there at settlement to smooth any problems that might come up.
You can contact me at 609-364-0172 or firstname.lastname@example.org.
Exit Uptown Realty