Mortgate rates went from ~2.5% in 2021 to over 6% right now for a 30-year fixed-rate mortgage and the housing market is doing just fine. When rates go up, peopl

Mortgate rates went from ~2.5% in 2021 to over 6% right now for a 30-year fixed-rate mortgage and the housing market is doing just fine. When rates go up, people lower prices, but not by a lot. Ultimately the price of housing is determined by supply, not interest rates, and supply is still historically low.