: Rates are expected to rise toward 4.4%–4.5% by the end of the year. Locking in a rate early may be beneficial before they "inch up" further.
The 2017 housing market presents a complex choice between buying and renting, heavily influenced by rising interest rates and varying regional affordability. While homeownership is more affordable than renting in of U.S. housing markets, the actual monthly cost of owning (including taxes and maintenance) remains higher than renting in every state. The Case for Buying in 2017 should i buy a house or rent 2017
: In roughly two-thirds of U.S. counties, monthly payments on a median-priced home (including taxes and insurance) consume 36.6% of average wages, compared to 38.6% for fair market rent on a three-bedroom property. : Rates are expected to rise toward 4