{"id":100480,"date":"2018-10-24T23:24:00","date_gmt":"2018-10-24T16:24:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-hibernating-as-spiking-mortgage-rates-hit-housing-harder-than-expected\/"},"modified":"2018-10-25T00:03:44","modified_gmt":"2018-10-24T17:03:44","slug":"buyers-hibernating-as-spiking-mortgage-rates-hit-housing-harder-than-expected","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-hibernating-as-spiking-mortgage-rates-hit-housing-harder-than-expected\/","title":{"rendered":"Buyers &#039;hibernating&#039; as spiking mortgage rates hit housing harder than expected"},"content":{"rendered":"<p>&#013;<br \/>\nBuilders 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&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2018\/10\/24\/numbers-show-mortgage-rate-spike-hitting-housing-harder-than-expected.html\" target=\"_blank\">Buyers &#8216;hibernating&#8217; as spiking mortgage rates hit housing harder than expected<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Builders warned of a slowdown in home sales, except the numbers are worse than expected.&#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-100480","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-q8E","jetpack-related-posts":[{"id":115042,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelocks-ocean-marini-flat-sales-run-out-of-steam-in-second-round-as-hong-kong-buyers-stay-home-amid-spiking-coronavirus-cases\/","url_meta":{"origin":100480,"position":0},"title":"Wheelock\u2019s Ocean Marini flat sales run out of steam in second round as Hong Kong buyers stay home amid spiking coronavirus cases","date":"March 21, 2020","format":false,"excerpt":"\r Wheelock Properties\u2019 second batch of flat sales in Hong Kong\u2019s Tseung Kwan O district ran into the city\u2019s biggest daily increase in confirmed coronavirus infections, a deterioration that kept an estimated 20 per cent of registered buyers at home.The developer sold 70 flats, or 69 per cent, of the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-applications-rise-2-but-buyers-seem-unimpressed-by-lower-rates\/","url_meta":{"origin":100480,"position":1},"title":"Mortgage applications rise 2%, but buyers seem unimpressed by lower rates","date":"December 5, 2018","format":false,"excerpt":"\r While price gains are now shrinking, affordability is still at the lowest level in a decade and proving to be the biggest barrier to housing demand. Sales of newly built and existing homes continue to suffer.\r \r Source : cnbc.com\r Read more...Mortgage applications rise 2%, but buyers seem unimpressed\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81596,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-will-rising-interest-rates-impact-the-us-housing-market\/","url_meta":{"origin":100480,"position":2},"title":"How will rising interest rates impact the US housing market?","date":"March 1, 2018","format":false,"excerpt":"\r Fannie Mae chief economist Doug Duncan discusses how spiking interest rates could impact home affordability and potentially slow sales growth.\r \r Source : cnbc.com\r Read more...How will rising interest rates impact the US housing market?","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72317,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-buyers-cooling-on-australian-homes-as-financing-gets-harder-to-find\/","url_meta":{"origin":100480,"position":3},"title":"Chinese buyers cooling on Australian homes as financing gets harder to find","date":"November 20, 2017","format":false,"excerpt":"\r Chinese demand for Australian residential property has eased because of tighter capital controls imposed by Beijing and tougher restrictions on mortgage lending by local banks, according to a senior official at Australia\u2019s central bank. The Reserve Bank of Australia\u2019s head of financial stability, Jonathan Kearns, said on Monday that\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143917,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-home-sellers-buyers-wait-on-a-fed-cut-heres-how-mortgage-rates-have-impacted-the-spring-housing-market\/","url_meta":{"origin":100480,"position":4},"title":"As home sellers, buyers wait on a Fed cut, here&#039;s how mortgage rates have impacted the spring housing market","date":"April 30, 2024","format":false,"excerpt":"\r While some buyers have come to terms with 7% interest rates, the rate volatility is the factor with the biggest impact, an economist says.\r \r Source : cnbc.com\r Read more...As home sellers, buyers wait on a Fed cut, here's how mortgage rates have impacted the spring housing market","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-market-facing-strengthening-headwinds-as-prices-fall-again-business-live\/","url_meta":{"origin":100480,"position":5},"title":"UK housing market \u2018facing strengthening headwinds\u2019 as prices fall again \u2013 business live","date":"June 1, 2023","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial news, as Nationwide reports that UK annual house price growth fell to -3.4%, from -2.7% in AprilWith the Bank of England expected to keep raising interest rates, the housing market will come under more pressure, Nationwide warns.The financial markets currently predict\u2026","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\/100480"}],"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=100480"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100480\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}