YANKTON, S.D.(WNAX)- Even as mortgage interest rates rise, buying and selling homes continues rapidly.
Yankton real estate agent Mason Schramm says the trend continues.
Schramm says there is a low inventory of available homes.
Schramm says demand for new housing is also continuing.
Thirty year mortgage rates have ticked above four and a half percent after months of being in the two to two and a half percent range.