With mortgage rates poised to rise, it might be time to dust off a strategy that could help prospective homeowners afford their new abode.
TransUnion, one of three major credit bureaus, predicted that the average interest rate on a 30-year mortgage would approach 5 percent by the end of 2019.
This rate is a far cry from the heyday of double-digit interest rates in the 1980s, but it's a noticeable change from where rates were in the last year.