Current mortgage rates still WELL below 12 month average

If I said, a year ago, that mortgage interest rates were going to rise soon --- I was WRONG!!! 

Current mortgage interest rates are just below 3.5%, and while I am still thinking that they could or will start to increase soon --- I would not be surprised if they are still below 4% a year from now.

Buyer still have great buying power, and the opportunity to lock in super-low interest rates for the next 30 years.