Ending a 3-week slide, it?s up from 6.23% last week, but lower than the 6.76% a year ago. The 15-year FRM rose to 5.64%; it was 5.58% last week and 5.92% a year ago.

More homebuyers may be ready to enter the market now ? figuring out debt-to-income ratio, interest rates, budget considerations and other factors are key.

Thoughtful planning can help would-be home buyers prepare for the experience. A clear look at finances and budget is a good place to start.