As we discussed last week, the federal government is attempting to get buyers attention in the form of a rate hike, but even that isn't affecting their intense desire to buy. I wouldn't say that people are ignoring the news about rates. Rather, they are readjusting and considering adjustable mortgages which offer lower rates for the first 7-10 years of the loan. Listen, nothing is going to stop that incredible need to get settled into a house!! Not rates, and not Covid.