All you Buyers out there sitting on the fence may want to get pre-qualified now. The rates for 30 year home loans have increased this week making the rates the highest in 7 months. The average rate jumped from 5.29% last week to 5.59% this week. In November of 2008 the rates averaged 5.97%. Freddie Mac says it is due to the slowdown of refinancing activity. So, now is a great time to get that mortgage and pay your own mortgage instead of your landlords. There are alot of really good home deals out there. Pick a real estate professional today who will help you through the process. Those who succeed in life make good choices.