there s more inventory, it means locking in a good mortgage rate now. . you don t want to pay more money if you don t have to. that s why we did decide to go through the preapproval process earlier. that way if we did find something, we could jump on it. mary-kate ou and her husband on first-time home buyers. their lease is up in six months. and there are rising mortgage rates. we accelerated the timeline a little more recently. this is 950. reporter: her realtor said it is bringing up fomo among many first-time buyers. that s fear of missing out. there might be some folks out there who were considering buying a home six months and nine months ago that didn t and might be kicking themselves. reporter: pushing them to buy quickly before prices get higher. . that s where the nerves and the excitement all come together. reporter: and the home prices up 17% last year from 2020.