Things feel cautious as families look to Washington for relief from the housing affordability crisis.

Today, the financial picture feels cautious as CBS MoneyWatch reported lawmakers are debating a bipartisan housing bill to help the millions priced out of the market. This comes as Freddie Mac noted 30-year mortgage rates hit a 2026 high of 6.58%. Over on r/FirstTimeHomeBuyer, people are weighing whether to settle for a modest property or stretch their budgets while waiting for relief.