With the worry of rising inflation and the climb of the 10 year Treasury, home mortgage rates are up again this week. However, consumer confidence is up in the month of April, signaling an underlying strength in the economy. New home sales were up four percent in March which is an increase of almost nine percent from last year, which is also a good sign for the economy.

Along with the rising mortgage rates, home prices have increases as well. But according to Case-Shiller, home values have jumped up over six percent from last year.

Despite the rising rates, for sellers looking to get the most value out of their property, the time to sell appears to be sooner rather than later. Likewise for perspective buyers, with mortgage rates continuing to rise without indication of slowing down, it is a good idea to buy now before rates rise further.