Stephanie TaylorPresident             A swift rise in interest rates has some buyers wondering how the higher borrowing costs will affect the housing market.             Although Freddie Mac reported that interest rates in April surpassed 5% for the first time since 2011, the mortgage giant also said it expects the “single-family purchase market will remain solid in 2022 despite increases in mortgage rates.” The organization’s April 18 Quarterly Forecast report predicts that although demand and prices will moderate somewhat, there will continue to be substantial housing demand. Freddie Mac also expects the 30-year fixed-rate mortgage to average 4.6% in 2022 and 5% in 2023.  “While the sharp increase in mortgage rates will lead to a precipitous drop in refinance originations in …