CNN CNN Newsroom With Carol Costello June 1, 2015 14:59:00
A new home act now before you miss out. mortgage rates are slowly but surely rising. christine romans really? >> they are moving up. they are still lower than they were last year. they are below 4%. the most recent read is about 3.87% for a 30-year fixed. 3.11 for a 15-year. rents are rising. mortgage rates are going to start to rise. when fed raises interest rates, they'll rise even more. this is the time to lock it in if you want to lock it in. if you want to lock in low mortgage rates and home prices about 20% to 30% below the peak in a lot of cities. the combination pretty potent there for...