However, this rise should not be taken as a return to the housing boom of the last few years, economists have warned. Figures out today show that in March house prices rose 2.1 per cent, seeing property values stand 12.6 per cent higher than in the same month last year. House prices are up, according to the Office of the Deputy Prime Minister (ODPM). “The rise back up in annual house price inflation to 12.6 per cent in March from 10.5 per cent in February reported by the ODPM should not be tak To determine if refinancing will save you money, compare the total costs to refinance, as well as interest rates..