{"id":86,"date":"2026-10-05T09:00:00","date_gmt":"2026-10-05T09:00:00","guid":{"rendered":"https:\/\/www.obxlifestyles.com\/blog\/?p=86"},"modified":"2026-10-05T09:00:00","modified_gmt":"2026-10-05T09:00:00","slug":"us-mortgage-costs-hit-14-month-high","status":"publish","type":"post","link":"https:\/\/www.obxlifestyles.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\/jean-paul-peron\/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 are making headlines again, reaching a 14-month high with the typical U.S. buyer\u2019s monthly payment now at $2,600 by late Q3. Home prices held steady, with the national median up about 2% year-over-year to $399,000\u2014squeezing affordability and keeping pending sales flat compared to last month, and lower than last year. I\u2019m seeing this shift reflected in our unique Outer Banks market as well, where every pricing decision counts. Around 21% of active listings nationwide reduced their price recently, underscoring how sharper, strategic pricing draws more attention, while overpricing can cause hesitation among buyers. Inventory is also on the rise, with active supply up about 2% to 1.5 million homes and close to four months\u2019 supply, though we\u2019re still not quite in balanced territory. Even as new listings dipped slightly\u2014likely due to holiday timing\u2014they\u2019re still a bit higher than this time last year. In a market like ours, thoughtful pricing and smart listing strategies really make the difference. With nearly 20 years navigating the ins and outs of Carova\u2019s exclusive coastal community, I know how to help clients maximize their property\u2019s potential and adapt to the changing landscape.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage costs are making headlines again, reaching a 14-month high with the typical U.S. buyer\u2019s monthly payment now at $2,600 by late Q3. Home prices held steady, with the national median up about 2% year-over-year to $399,000\u2014squeezing affordability and keeping pending sales flat compared to last month, and lower than last year. I\u2019m seeing this [&hellip;]<\/p>\n","protected":false},"author":292,"featured_media":87,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-86","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/posts\/86","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/users\/292"}],"replies":[{"embeddable":true,"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/comments?post=86"}],"version-history":[{"count":1,"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/posts\/86\/revisions"}],"predecessor-version":[{"id":88,"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/posts\/86\/revisions\/88"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/media\/87"}],"wp:attachment":[{"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/media?parent=86"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/categories?post=86"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.obxlifestyles.com\/blog\/wp-json\/wp\/v2\/tags?post=86"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}