For the first time since April of last year, 30-year mortgages topped the 5% mark. The fear of higher inflation rates made the 10-year Treasury notes spike and interest rates followed suit. Although these historic lows were could never be maintained long term, many are concerned on how it will affect the housing market. The difference between today’s rate and those of the absolute lows in November is not enough to price a buyer out of the market experts say. Rates, even at 5% are still extremely low by historical standards. The increase will hopefully encourage buyers to make decisions before rates climb even higher.