According to CNBC: 

"The most recent projections from Fed officials show anticipation of one more rate hike this year, three in 2018 and then three or four more in 2019 to bring the funds rate to around 3 percent from its current 1.16 percent [1 percent to 1.25 percent target range]." - CNBC

If you've been putting off listing your home or waiting to buy thinking rates would go down, now is the time to act. For sellers, rates going up may make it tougher for buyers to qualify for what they were previously able to afford. They may be eliminated from your price point or even buying a home altogether. For buyers, this means it's time to jump before those rates get hiked up, and lock in to a lower rate now.