<prompt> Human: Hi PF!This morning I read a story in the Washington Post about rising home interest rates. It cited Fannie May experts predicting that home mortgage rates would rise to near 6 next fall.I played around a bit with a mortgage calculator and it looks like the difference in a monthly payment on a 400,000 mortgage can be substantial. With some preset assumptions, here are different rates: 3 APR: 2,253mo 4.5 APR: 2,593mo 6 APR: 2,965moWhich means that a couple who could afford a 500,000 house at 3 APR is unlikely to afford the same house at 6 APR.Redditors who are thinking about buying a home in the future: does the prospect of rising interest rates affect your near-term plans? Or do you stick to your longer-term plans since theres not much we can do and you dont hold faith in those that claim to predict the future?To those with experience in this field: to what extent do rising rates affect the selling point of homes? Are certain types of buyers at particular advantages or disadvantages when interest rates rise?  <response>: True what people are saying about rising rates and falling prices. That said, there are many moving parts aside from rates, including inventory. If sellers are unhappy with the price theyll get, they wont sell. Limited inventory drives prices up. Ive seen prices going up and poor inventory in my market. 