Families are keeping a steady grip on their budgets as borrowing costs and mortgage rates climb.

Today, the financial picture requires patience as tradersagency.com reported the 10-year Treasury yield briefly topped 5% and 30-year mortgage rates climbed to 6.76%. This pairs with Commodity Markets noting consumer prices rose 3.4% in August. Over on r/FirstTimeHomeBuyer, people are crunching the math to afford a home, keeping the outlook grounded but resilient.