Rising mortgage rates are supposed to shut buyers out of the spring real estate market, but they may be doing the reverse: forcing would-be home buyers off of the sidelines before it becomes even more costly to take out a home loan. That’s according to Credit Suisse, which late last week issued its monthly survey of real estate agents showing that buyer traffic across the U.S. rose two points to 50, reported MarketWatch. A score of 50 is viewed as a neutral rating.

The banking firm said that the commentary out of real estate agents when it comes to buyer motivation is centered on pent-up demand, particularly in affordable price points given the lack of inventory. Rising mortgage rates are also prompting some would-be buyers to act, with Credit Suisse reporting that, of the in 36 metro areas it surveyed, 23 saw the potential for rates to increase as motivating buyers. One real estate agent said that the chance for additional rate increases is causing a sense of urgency…