Story perspectives
High Mortgage Rates Keep Aspiring Homeowners Renting Longer
By Drooid · · How we work
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Story summary
- Karla Guity pays $1,800 monthly rent for a three-bedroom house in Shoreline, Washington.
- She says a mortgage over $6,000 per month would be unaffordable for her family.
- High mortgage rates are prompting aspiring homeowners nationwide to remain renters longer.
- Rents have steadied after a pandemic-era apartment glut, though rent growth stays strong and October 2025 data are missing.