Mortgage Interest Rates are on the rise at major lenders once again, though they have been dipping over recent weeks.
See Finance Daily’s report: Mortgage Interest Rates Worsen at PNC Bank, Wells Tuesday May 20.
Rates Expected To Rise, But It’s Easier To Qualify For a Home Loan
Overall, mortgage rates are expected to rise over the next few years. But though rates are well off their lows, this is still a historic opportunity to get a mortgage for a home purchase or refinance.
At the same time, it’s getting easier to qualify for a home loan as the economy and housing market improve.