Analyzing Interest Rates for 47 years, the average interest rate is 8.21%. So, even though interest rates are getting higher, they are still a good deal. Every week I meet someone who wants to find a "good deal." To them that means finding something someone wants to sell cheaper than they should. In this market there are few people who need out of a mortgage -- a few of those "good deals" exist in any market but it's about like finding a needle in a haystack. And you have to be ready to push the button the second you hear about it.
So, get a real estate professional to consult with, get a preapproval from a local loan officer (ask me why), and start looking at some homes on the internet and in person. So that you know when the right one comes along and you don't have to think about it overnight. Most homes in good condition for their price is going under contract in 2 days or less (and the two days is just to give the sellers time to review the multiple offers.)
Look at this post on interest rates: https://www.valuepenguin.com/mortgages/historical-mortgage-rates
I also think it's important to look at how much an increase in interest rates can affect how much house you can afford. The article below analyzes a payment price of $1,025 monthly payment and how much house that will get you with different interest rates.
https://www.fool.com/investing/2018/03/11/how-rising-mortgage-rates-affect-how-much-you-ca-2.aspx
According to all projections, interest rates are only going up from here for a while. OR you can wait for the next 30 year low. I'd love to talk to you about buying or selling. Contact me by phone, text, email.