{"id":73,"date":"2026-10-05T16:00:00","date_gmt":"2026-10-05T16:00:00","guid":{"rendered":"https:\/\/www.kathystockley.com\/blog\/?p=73"},"modified":"2026-10-05T16:00:00","modified_gmt":"2026-10-05T16:00:00","slug":"us-mortgage-costs-hit-14-month-high","status":"publish","type":"post","link":"https:\/\/www.kathystockley.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\/kathy-blevins-stockley\/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>In the real estate world, keeping an eye on the numbers is key\u2014especially for buyers and sellers navigating today\u2019s market shifts. By late Q3, the typical U.S. buyer\u2019s monthly mortgage payment climbed to $2,600, marking a 14-month high. At the same time, the national median home-sale price nudged up about 2% year-over-year, now hovering near $399,000. As affordability gets squeezed, it\u2019s no surprise pending sales stayed flat compared to the previous month and dipped from last year.<\/p>\n<p>Mortgage-purchase applications have also edged down, and while new listings slowed a bit around the holidays, there were still more than during the same period in 2025. For sellers in our Oxford, Lapeer, and Lake Orion communities, pricing strategy is especially important right now\u2014about 21% of active listings nationwide have reduced prices, and I\u2019ve found that sharper pricing attracts more attention, while overpricing tends to make buyers hesitate. Inventory has improved slightly, with active supply up roughly 2% annually to 1.5 million homes, and about four months of supply on the market\u2014though we\u2019re still not quite at a balanced market yet.<\/p>\n<p>After more than 35 years guiding clients through these cycles, I know that local expertise and honest advice can help you make the right move\u2014whether you\u2019re buying, selling, or just weighing your options.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the real estate world, keeping an eye on the numbers is key\u2014especially for buyers and sellers navigating today\u2019s market shifts. By late Q3, the typical U.S. buyer\u2019s monthly mortgage payment climbed to $2,600, marking a 14-month high. At the same time, the national median home-sale price nudged up about 2% year-over-year, now hovering near [&hellip;]<\/p>\n","protected":false},"author":205,"featured_media":74,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-73","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/posts\/73","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/users\/205"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/comments?post=73"}],"version-history":[{"count":1,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/posts\/73\/revisions"}],"predecessor-version":[{"id":75,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/posts\/73\/revisions\/75"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/media\/74"}],"wp:attachment":[{"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/media?parent=73"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/categories?post=73"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kathystockley.com\/blog\/wp-json\/wp\/v2\/tags?post=73"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}