Mortgage Rates Remain Above 7%, Pushing Home Prices Lower in Some Areas NYT - Top Stories By: Gregory Schmidt 22 October 2026 at 17:26 The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas. © Celeste Noche for The New York TimesSellers are reconsidering market conditions and repricing their homes, which can give buyers an opening.
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