Housing Market Market Expectations Housing Affordability Rate Changes Bond Market Influence Affordability Crisis Refinancing Rates State Variations Factors Influencing Rates Impact on Buyers Refinancing Trends Federal Reserve Rate Hikes Market Trends Impact on Construction 30-Year Fixed Loan Record Highs Historical Mortgage Rate Data Federal Reserve Policies 7% Mortgage Rate Borrowing Costs Long-Term Mortgage Rates Demand Inflation Impact Impact on Real Estate Market Interest-Only Mortgages Loan Types Homebuyers Federal Reserve