You have options to safeguard yourself from fluctuating rates.
What happens if interest rates increase after you’ve already gone under contract? Is there any way to protect yourself?
Typically, mortgage lenders provide a floating rate, which is an estimated rate that could rise or fall, depending on what’s happening in the market, during the pre-approval process. That’s why you should initially assume that your rate will be higher than you were quoted and budget accordingly. This may shrink the pool of homes that are affordable to you, but it also means that you won’t have to cancel a deal simply because interest rates spiked during the process.
Once you’ve gone under contract, your lender will provide an actual rate which you have the option to lock in between when you apply for the mortgage and the closing date. In a market with rising rates, you should lock yours in as soon as possible to prevent it from increasing further. 
&ldqu. ...

What will happen now that the moratorium on foreclosures has ended?
Are we about to see a tsunami of foreclosures and a struggling market similar to what happened in the real estate market crash of 2008? The short answer is no—foreclosures will start increasing again but not enough to worry over. Today I’ll go into more detail and explain why increasing foreclosures don’t spell doom for the market.
At the beginning of the pandemic, many thought that a housing market crash would happen, but it didn’t. In fact, because of the combination of government support, low interest rates, and eager homebuyers, we experienced a housing boom. However, the various foreclosure moratoriums that protected people from financial disruptions during the pandemic are now ending. As a result, the number of foreclosures is now increasing again.
“Frustrated buyers will eventually have more options available to them.”
The number of foreclosure notices has increas. ...