This is a great time to finally make that decision to build your dream home. Rates continue to fall – Bank Mutual is offering a 5-year ARM for new construction at 2.875%. A 30-year fixed loan, which is locked, is only 4.45%. In addition, banks have begun lending to developers and there are an ample amount of lots coming online shortly in many of the desirable communities. Don’t hesitate as nothing if forever.