City & Local

Mortgage Rates

2 articles

Young couple looking discouraged outside a house, symbolizing the financial challenges faced by first-time homebuyers in a difficult market.
Real Estate

First-time buyers face historic barrier despite falling sales

The income required to qualify for a mortgage on a median-priced single-family home soared to $109,152 in June 2026.

Aaron Blake·September 19, 2026
A neighborhood with houses under a sky showing a sharp increase in interest rates, symbolizing the impact on the local housing market.
Real Estate

How Interest Rate Hikes Impact Local Housing Markets in 2026

The average rate on a 30-year mortgage swung from just under 6% in late February to 6.

Aaron Blake·April 23, 2026