Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability.

Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.1

Fortunately, if you’re a buyer struggling to find a home, we have some good news. While it’s true that higher mortgage rates can decrease your purchasing budget, there are additional ways to compete in a hot market.

While other millennials are looking to buy for the first time, you may be one of the many who are now discovering you’ve outgrown your home.

What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]