What you will find is interest rates are rising because people are now spending the money the couldn't spend during the pandemic. That causes inflation. They bought houses etc when interest rates were low thinking it would never end. Now both inflation is in the move and houses are now no longer affordable under the interest rates they expect, they stop buying them.
In your wisdom, can you explain what part of that the democrats are responsible that. Here's a clue. It's happening all over modern western. That should narrow down your ignorant opinion.