Three major real estate industry lobbying groups called on Federal Reserve Chairman Jerome Powell not to raise interest rates further and pledged not to sell mortgage bonds unless real estate financing stabilizes.。The National Association of Realtors, the Mortgage Bankers Association and the National Association of Home Builders wrote in a letter to Powell on Monday: "We urge the Fed to take these simple steps to ensure that the real estate industry does not have the hard landing the Fed has been trying to avoid.。The three groups said "continued market uncertainty about the Fed's interest rate path" had led to a widening premium on 30-year mortgage rates over the yield on the benchmark 10-year Treasury note, saying the spread had now reached an "all-time high."。They said: "This has exacerbated housing affordability and caused additional disruption to the property market, which is already struggling to adapt to a significant pullback in mortgage origination and home sales.。"