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Today — 15 October 2026Main stream

Homeownership Drifts Further Out of Reach as Mortgage Rates Rise

✇NYT - Home Page
By: Sydney Ember
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.

© Ruth Fremson/The New York Times

As mortgage rates rise, home builders will have to weigh the cost of construction with the likelihood that their homes will find ready buyers.

Homeownership Drifts Further Out of Reach as Mortgage Rates Rise

✇NYT - Business
By: Sydney Ember
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.

© Ruth Fremson/The New York Times

As mortgage rates rise, home builders will have to weigh the cost of construction with the likelihood that their homes will find ready buyers.
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