❌

Normal view

Mortgage Rates Remain Above 7%, Pushing Home Prices Lower in Some Areas

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 Times

Sellers are reconsidering market conditions and repricing their homes, which can give buyers an opening.

In San Francisco, a Family Earning $325,000 Qualifies for Government Aid

21 October 2026 at 14:08
With the A.I. boom driving up prices, the city is subsidizing child care for households with high incomes. Even with the help, families say they are struggling.

© Christie Hemm Klok for The New York Times

Natsumi Makiyama and John Marman, a married couple in San Francisco, together make just under $235,000, qualifying them for free child care under a city program.
❌