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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.

Please help us by filling out the form below.

Your submission will be governed by our general Terms of Use and Privacy Policy. As the Privacy Policy says, we want you to be aware that there may be circumstances in which the exemptions provided under law for journalistic activities or freedom of expression may override privacy rights you might otherwise have.

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

NPR correspondent Chris Arnold is based in Boston. His reports are heard regularly on NPR's award-winning newsmagazines Morning Edition, All Things Considered, and Weekend Edition. He joined NPR in 1996 and was based in San Francisco before moving to Boston in 2001.

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