If you have an adjustable-rate mortgage, consider locking in a fixed-rate mortgage now. Even though mortgage rates have already risen significantly, they could go higher as they did in the late 1970s- early 1980s.
Wendy
I painfully remember back in 1977, returning to CA, and having to settle for much less house than we were hoping for, with a best available rate fixed mortgage of 8%. I remember thinking that used to be the kind of interest banks charged folks who lived in trailers, who could disappear “overnight”.
The past decades of low interest has been a real eye opener.