Rates on 30-year fixed-rate mortgages hit 5.05 percent in early April, crossing the 5 percent threshold months, or even years, ahead of some experts’ expectations of rate jumps this year. The U.S. Federal Reserve has been raising rates in an effort curb inflation. Agents in some markets are reporting buyers shifting to a more conservative tack when offering on houses – practicing more price discipline and not going over asking price as often. This could be the first move to the market becoming more balanced.