#CNBC The spring housing market is on, but mortgage rates just shot higher

The spring housing market is on, but mortgage rates just shot higher
Spring is traditionally the busiest season for home sales, and while this year’s market dynamics have shifted strongly in favor of buyers, broader forces in the economy are creating significant challenges.

The most important factor in any season is mortgage rates which are now at the highest level since September 2025.

CNBC’s Diana Olick has the details.

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