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

- Source: NYT Business
- Published: 2026-10-22T16:26:52+00:00
- Category: Local
- Original: https://www.nytimes.com/2026/10/22/business/mortgage-rates-housing-costs.html
- Canonical: https://groundlevelnews.com/story/mortgage-rates-remain-above-7-pushing-home-prices-lower-in-some-areas-12dc35/

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.

_Ground Level News shows a short summary only; the full article and all rights belong to NYT Business._