{"id":81,"date":"2026-10-05T14:00:00","date_gmt":"2026-10-05T14:00:00","guid":{"rendered":"https:\/\/www.narrealestategroup.com\/blog\/?p=81"},"modified":"2026-10-05T14:00:00","modified_gmt":"2026-10-05T14:00:00","slug":"us-mortgage-costs-hit-14-month-high","status":"publish","type":"post","link":"https:\/\/www.narrealestategroup.com\/blog\/2026\/10\/05\/us-mortgage-costs-hit-14-month-high\/","title":{"rendered":"US Mortgage Costs Hit 14-Month High"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/ramamohan-sanepalli-1425596\/mortgage-costs-high-remotion-videos-de5b\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Mortgage costs have reached a 14-month high nationwide, with the typical monthly payment now at $2,600 by late Q3. For those navigating today\u2019s market\u2014whether first-time buyers, growing families, or investors\u2014the pressure is real as median home-sale prices remain steady, up about 2% year-over-year to roughly $399,000. This has made affordability a bigger hurdle and contributed to pending sales staying mostly flat month-over-month and down compared to last year.<\/p>\n<p>Mortgage-purchase applications dipped a bit recently. While new listings dropped month-over-month (likely a result of the holiday season), they\u2019re still just above last year\u2019s numbers. Seller strategy has become even more critical: about 21% of active listings made price cuts, and sharper pricing often draws more buyer attention, while overpricing can lead to hesitation. Inventory has also improved slightly, with active supply up around 2% year-over-year to 1.5 million homes\u2014pushing supply near four months, although we\u2019re still not in balanced territory.<\/p>\n<p>In Central Ohio, I see these national trends play out locally, and thoughtful strategy is more important than ever. My approach is to use data-driven insight and a client-first mindset to guide you\u2014whether you\u2019re considering a new build, resale, or investment. Navigating these shifts together, we can find the opportunities that fit your goals and protect your interests for the long term.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage costs have reached a 14-month high nationwide, with the typical monthly payment now at $2,600 by late Q3. For those navigating today\u2019s market\u2014whether first-time buyers, growing families, or investors\u2014the pressure is real as median home-sale prices remain steady, up about 2% year-over-year to roughly $399,000. This has made affordability a bigger hurdle and contributed [&hellip;]<\/p>\n","protected":false},"author":286,"featured_media":82,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-81","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/posts\/81","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/users\/286"}],"replies":[{"embeddable":true,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/comments?post=81"}],"version-history":[{"count":1,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/posts\/81\/revisions"}],"predecessor-version":[{"id":83,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/posts\/81\/revisions\/83"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/media\/82"}],"wp:attachment":[{"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/media?parent=81"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/categories?post=81"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.narrealestategroup.com\/blog\/wp-json\/wp\/v2\/tags?post=81"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}