What you need to know about mortgage rates
If you’re in the market for a home, you probably know mortgage rates are slowly rising. That being said, rates are still at historical lows, which is good news.
So that you can feel as confident—and as informed—as possible when you start shopping for a home, we took a look at where mortgage rates are headed. The latest forecast from the National Association of Realtors anticipates rates to rise to 4.6% by the end of 2018 and continue to rise into 2019.
A lot can happen in a year, so bear in mind that this is only a forecast. There are many factors that determine the fluctuation in the housing market, but we stay on top of it to provide you with the latest information.