The short answer: Yes. Interest rates for 30-year fixed rates are at historic lows right now, coming in below 4 percent, points out Debbie Weiss, a real estate agent with Keller Williams Santa Monica.

“The rates are definitely not going to stay this low forever, so buyers should consider locking into a great rate now,” she says.

Additionally, the fourth quarter of the year brings an added bonus as many buyers pause their search until the new year, making it an opportune time for you to get better deals because the competition isn’t as fierce, she says.