"Rates are higher than 2022, but still relatively low by historical standards. Lot of homebuying deals are still getting done. There is never a bad time to become a first-time homebuyer, especially with apartment rents continuing to rise. The lack of inventory is keeping home prices steady in most markets. It is important to be diligent about shopping for the lowest mortgage rate. With record amounts of home equity, many homeowners are looking to unlock that equity via HELOCs and home equity loans to make home updates, do additions, etc.," says Cameron Findlay.