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In the final months of 2022, the housing market isn’t the same as when the year started. In an effort to battle inflation, the Federal Reserve has increased interest rates repeatedly throughout the year, contributing to the average 30-year, fixed-rate mortgage interest rate reaching a 14-year high of 6.29% as of Sept. 22, according to Freddie Mac. With interest rates making monthly mortgage payments even higher, many buyers are stepping back as they reassess their ability to afford a new home.

Still, home prices continue to rise year-over-year in most parts of the U.S., and selling your home isn’t necessarily a bad idea, if you consider other key factors.

If you’re on the fence about selling, you have a few choices: You can put your house up for sale to take advantage of current low inventory (even with lower demand), you can wait to see how interest rates and inflation play out as they relate to housing or you can opt to stay in your current home for the foreseeable future.

Here are three reasons you shouldn’t sell your home before the end of 2022, along with three reasons it’s a good idea to make the jump now:

If you’re one of the many homeowners who have moved or refinanced in the last few years, there’s no reason to consider selling your home in the immediate future. Hopefully, your mortgage has helped ease any financial woes with low monthly payments.

Ahead of 2022, many homeowners were able to lock into mortgage rates below 3%, which makes selling any time in the near future far less attractive. Unless other factors are making a move necessary, enjoy the low interest rate you have locked in and continue to build equity in your home.

If you’re most comfortable with your current mortgage, plan to stay put for a while, as mortgage interest rates aren’t likely to see a significant drop in the next few months.