Open kitchens7 of 11"The wall between the kitchen and the family room is evaporating," Phipps says."The kitchen is becoming part of the gathering space," he says. "And it's ironic -- it's the way it was 300 years ago. We've come full circle."« Back to 2011 Homebuying and Selling. Related Articles:Key mortgage paperworkLow score = high paymentQuestions galoreBuying your first homeRelated Links:Using a mortgage calcMortgage calculator perks4 homebuyer budget tipsGetting rid of your house advertisement
"The wall between the kitchen and the family room is evaporating," Phipps says.
"The kitchen is becoming part of the gathering space," he says. "And it's ironic -- it's the way it was 300 years ago. We've come full circle."
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With the economy growing by 295,000 jobs in February, it looks like rising mortgage rates are here to stay.
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