Buyers can breathe a sigh of relief these days. Interest rates are very low and are not expected to rise anytime in the first quarter of 2011. However, things will change. Not only will the interest rates increase in time, but mortgage rules are changing too. So, if you have found a house that’s right for you, consider buying now. Historically, the housing inventory increases after the March Break and continues into April and May giving buyers more product from which to choose and sellers are faced with competition amongst themselves. Still, my strongest advice is to look at homes below your price range as this will afford you some room for negotiation should you find yourself in a bidding war against other buyers.