© 2025 NPR Illinois
The Capital's Community & News Service since 1975
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Register to attend the 50th anniversary and Constitution Day events! (click the title)
Sept. 16, 5:30 PM Raising Politically Engaged Kids
Sept. 17, 11 AM The Constitution: From Principles to Practice - 5:30 PM The First Amendment Under Stress
Sept. 18, 6 PM Radio That Listens to You: 50 Years of NPR Illinois

First-time buyers face expensive market as mortgage rates, home prices rise

When you combine higher home prices with higher mortgage rates, the monthly payment to buy the median-priced home in the U.S. has gone up more than 50% in the past year.

NPR’s Chris Arnold reports.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.