In the first half of 2022, rates for home loans rose and currently sit at about 6.81% for the popular 30-year fixed-rate mortgage. Experts differ on whether they’ll continue to climb—some forecasts put the year-end average at nearly 7%—or stay flat from here. If you’re in the market for a mortgage, you should check rates frequently, and always comparison shop for lenders. (Forbes Advisor) Also, make sure you are comfortable with your loan payment! Even though the lender says you can afford a certain amount, does not necessarily mean that you will want that loan amount because of the amount of the payment. You make the final decision – not the lender.