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Have rising interest rates cost you money while waiting for your home to be built?

Did you put money down to buy a home that wasn't built yet and now are struggling to afford it because of higher mortgage rates? We want to hear from you.
NPR
Did you put money down to buy a home that wasn't built yet and now are struggling to afford it because of higher mortgage rates? We want to hear from you.

Updated October 14, 2022 at 12:12 PM ET

If you put down a deposit for a home that's not built yet, NPR wants to hear from you. Many people waiting for their homes to be finished are in a bind. Sharply higher mortgage rates are often making those homes a lot more expensive, or even unaffordable. Some people stand to lose the money they put down for deposits or "earnest money" if they can't buy the house. If you're stuck in this situation, or you've already lost your deposit, or you're just trying to figure out whether to go ahead and purchase the home with the higher rates, please tell us your story.

We may reach out to see if you'd like to be interviewed. And hearing about your situation helps us understand what people are grappling with right now.

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

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