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Things feel a bit more hopeful for house hunters as new home prices dip.

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Today, the financial picture feels a bit more hopeful for house hunters. HousingWire reported that the median new home sales price fell to $398,300. Over on r/FirstTimeHomeBuyer, one buyer celebrated locking in a new build for $299,000 at a rare 3.99% rate, even as average mortgage rates hover near one-year highs.

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