The housing market in the United States hit a roadblock recently after the Federal Reserve signaled that the central bank might not trim interest rates in the March policy meeting, while mortgage rates continue to edge up amid steady economic growth, a healthy labor market and elevated price pressures. A March Fed rate cut is likely off the table since inflation hasn’t yet moved sustainably toward the central bank’s desired target of 2%. Needless to say, interest rate cuts reduce the cost of buying a house, ...