Whether you’re in the industry, in the market to buy, or just watching the economical trends, you’re sure to know that interest rates are up over the past week, and they’re up significantly. January began around 3.25% and slowly rates crept up towards 4%.  This week rates quickly spiked above 4.5%, after the fed announced it’s intentions to scale back on stimulus programs. From Frank E. Nothaft, Freddie Mac vice president, “Higher mortgage rates may dampen some housing market activity but the effect will be muted by the high level of buyer affordability, and home sales should remain strong,” That couldn’t be more true here locally where real GDP growth, population…