{"id":72,"date":"2026-10-04T15:00:00","date_gmt":"2026-10-04T15:00:00","guid":{"rendered":"https:\/\/www.lynnemercer.com\/blog\/?p=72"},"modified":"2026-10-04T15:00:00","modified_gmt":"2026-10-04T15:00:00","slug":"have-payments-on-newly-purchased-homes-in-the-u-s-dropped","status":"publish","type":"post","link":"https:\/\/www.lynnemercer.com\/blog\/2026\/10\/04\/have-payments-on-newly-purchased-homes-in-the-u-s-dropped\/","title":{"rendered":"Have payments on newly purchased homes in the U.S. dropped?"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>This week\u2019s national data offers some insight into the current landscape for new homebuyers: the median mortgage payment has dipped to $2,175, which, while lower than previous months, is still 2.2% higher than at this time last year. Mortgage rates are averaging 6.66%. Affordability continues to vary dramatically across the country, with Idaho and Nevada topping the list as the least affordable states, while Louisiana and North Dakota are on the other end of the scale.<\/p>\n<p>As someone who has spent over four decades guiding buyers and sellers through the unique market dynamics of the Palo Alto and mid-peninsula area, I know firsthand how important it is to stay informed about these trends\u2014even if our local market has its own distinct rhythm. My approach has always been centered on attentive listening and putting my clients&#039; needs first, whether you&#039;re a first-time buyer or a seasoned homeowner. Navigating these shifts together is just one part of building a trusted relationship.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.deseret.com\/u-s-world\/2026\/08\/31\/typical-monthly-mortgage-payment-applied-for-by-new-homebuyers-down-in-july-helping-affordability\/\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>This week\u2019s national data offers some insight into the current landscape for new homebuyers: the median mortgage payment has dipped to $2,175, which, while lower than previous months, is still 2.2% higher than at this time last year. Mortgage rates are averaging 6.66%. Affordability continues to vary dramatically across the country, with Idaho and Nevada [&hellip;]<\/p>\n","protected":false},"author":235,"featured_media":73,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-72","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/posts\/72","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/users\/235"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/comments?post=72"}],"version-history":[{"count":1,"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/posts\/72\/revisions"}],"predecessor-version":[{"id":74,"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/posts\/72\/revisions\/74"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/media\/73"}],"wp:attachment":[{"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/media?parent=72"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/categories?post=72"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lynnemercer.com\/blog\/wp-json\/wp\/v2\/tags?post=72"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}