{"id":100144,"date":"2018-10-18T23:50:00","date_gmt":"2018-10-18T16:50:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-rates-hitting-both-home-buyers-and-builders\/"},"modified":"2018-10-19T01:04:51","modified_gmt":"2018-10-18T18:04:51","slug":"higher-rates-hitting-both-home-buyers-and-builders","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-rates-hitting-both-home-buyers-and-builders\/","title":{"rendered":"Higher rates hitting both home buyers and builders"},"content":{"rendered":"<p>&#013;<br \/>\nCNBC&#8217;s Diana Olick reports that interest rates hit a near seven-year high, hitting homebuilding stocks and home buyers.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/video\/2018\/10\/18\/higher-rates-hitting-both-home-buyers-and-builders.html\" target=\"_blank\">Higher rates hitting both home buyers and builders<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; CNBC&#8217;s Diana Olick reports that interest rates hit a near seven-year high, hitting homebuilding stocks&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-100144","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-q3e","jetpack-related-posts":[{"id":136088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-warns-first-time-buyers-struggling-to-afford-new-homes-in-uk\/","url_meta":{"origin":100144,"position":0},"title":"Persimmon warns first-time buyers struggling to afford new homes in UK","date":"April 26, 2023","format":false,"excerpt":"\r Higher mortgage rates and less loan choice hitting sales to people trying to buy first property, says developerSales of new homes to first-time buyers are struggling, according to housebuilder Persimmon, as higher interest rates make mortgages less affordable.The company, which is one of the UK\u2019s largest domestic property developers,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-homebuyers-wait-on-the-sidelines-builders-tempt-them-with-special-mortgage-rates-cash-discounts\/","url_meta":{"origin":100144,"position":1},"title":"As homebuyers wait on the sidelines, builders tempt them with special mortgage rates, cash discounts","date":"October 4, 2018","format":false,"excerpt":"\r Hong Kong developers are offering cash rebates and lower mortgage rates to drum up sales after residential transactions hit a 20-month low, as rising interest rates, volatile stock market and worsening US-China trade war keep buyers on the sidelines. Vanke Property (Hong Kong), a wholly owned unit of China\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136511,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-for-new-uk-first-time-buyers-up-nearly-200-a-month-on-a-year-ago\/","url_meta":{"origin":100144,"position":2},"title":"Mortgages for new UK first-time buyers up \u2018nearly \u00a3200 a month\u2019 on a year ago","date":"May 5, 2023","format":false,"excerpt":"\r Rightmove says rise due to higher home loan rates and record asking prices for propertiesNew first-time buyers are typically paying nearly \u00a3200 a month more on their mortgage than a year ago because of a combination of higher home loan rates and record asking prices for properties, new data\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-hibernating-as-spiking-mortgage-rates-hit-housing-harder-than-expected\/","url_meta":{"origin":100144,"position":3},"title":"Buyers &#039;hibernating&#039; as spiking mortgage rates hit housing harder than expected","date":"October 24, 2018","format":false,"excerpt":"\r Builders warned of a slowdown in home sales, except the numbers are worse than expected. Sales of newly built homes dropped 5.5 percent in September compared with August, and were 13 percent lower compared to a year ago, according to the U.S. Census.\u00a0\r \r Source : cnbc.com\r Read more...Buyers\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171868,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/young-first-time-buyers-face-toughest-time-since-financial-crisis-says-uk-housebuilder\/","url_meta":{"origin":100144,"position":4},"title":"Young first-time buyers face toughest time since financial crisis, says UK housebuilder","date":"May 28, 2026","format":false,"excerpt":"\r Barratt Redrow boss says rising interest rates, higher student debt and squeeze on wages hitting property dreamBusiness live \u2013 latest updatesThe boss of Britain\u2019s largest housebuilder has said it is the most challenging time to be a first-time buyer since the financial crisis, as the dream of home ownership\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108426,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-home-sales-sank-7-8-in-may-despite-a-big-drop-in-mortgage-rates\/","url_meta":{"origin":100144,"position":5},"title":"New home sales sank 7.8% in May, despite a big drop in mortgage rates","date":"June 25, 2019","format":false,"excerpt":"\r Buyers pulled away from the builders in May, even as affordability improved, thanks to lower mortgage rates.\r \r Source : cnbc.com\r Read more...New home sales sank 7.8% in May, despite a big drop in mortgage rates","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100144"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=100144"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100144\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}