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Homeownership Drifts Further Out of Reach as Mortgage Rates Rise
15 October 2026 at 16:05
Mortgage rates have pushed above 7 percent and home prices remain elevated, hurting the prospects of would-be buyers.
As mortgage rates rise, home builders will have to weigh the cost of construction with the likelihood that their homes will find ready buyers.
© Ruth Fremson/The New York Times
