It would be astonishing if they didn't. 30-year rates have gone from <3% to 8% in the past 2 years, and will rise further. If they go to 10%, that means a month

It would be astonishing if they didn't. 30-year rates have gone from <3% to 8% in the past 2 years, and will rise further. If they go to 10%, that means a monthly payment more than twice what you would have had 2 years ago. Home prices can only go as high as the top bidder can afford. How many people are ready to buy the same house at the same price for twice the monthly payment?