There have been some updates to interest rate forecasts since our last review of rates in December. The overall trend is upward but there are differing opinions on how high rates will rise.
All in Rates
Mortgage Interest Rate Forecast – How much will mortgage rates rise?
You will need to qualify for a 6.25% 5-year fixed mortgage by the end of 2019. The actual rate is forecast to be 4.25% but federal rules require lender apply a 2% stress test.