As mortgage rates rise, here’s how to decide whether you should buy a home or rent

Tim Kitchen | The Image Bank | Getty ImagesIt’s becoming harder to afford a home.Prices are up almost 20% year over year, and mortgage rates are soaring.The rate for a 30-year fixed loan is now 5.57%, according to Mortgage News Daily, up from 3.29% at the start of the year.At the same time, consumer prices…