Home Loans will get more expensive

After sitting below 4% for much of 2017, mortgage rates are expected to rise. Mortgage rates this year will make some measurable increases, while not significant or alarming, but it could hit 4.5% by year end, and this could potentially tame some of the home-buying enthusiasm

Mortgages have already crossed the 4% threshold in 2018, hitting 4.04% last week.

What this means for home buyers is - be prepared, get your credit as high as it can be, and get your loan paperwork in order now.