{"id":104971,"date":"2019-03-14T01:42:00","date_gmt":"2019-03-13T18:42:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-loan-amount-hit-record-326000-last-week\/"},"modified":"2019-03-14T02:06:34","modified_gmt":"2019-03-13T19:06:34","slug":"average-loan-amount-hit-record-326000-last-week","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-loan-amount-hit-record-326000-last-week\/","title":{"rendered":"Average loan amount hit record $326,000 last week"},"content":{"rendered":"


\nMortgage applications to buy a home spiked last week and with the average loan amount hitting a new record, there’s signs of a new home buyer. CNBC’s Diana Olick reports.
\n
\nSource : cnbc.com
\nRead more…Average loan amount hit record 6,000 last week<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mortgage applications to buy a home spiked last week and with the average loan amount...<\/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-104971","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-rj5","jetpack-related-posts":[{"id":111443,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/seniors-receive-average-lbs-proceeds-of-177000\/","url_meta":{"origin":104971,"position":0},"title":"Seniors receive average LBS proceeds of $177,000","date":"October 8, 2019","format":false,"excerpt":"\r The Ministry of National Development noted that most seniors \u2013 after taking up the Lease Buyback Scheme \u2013 have enough CPF RA savings \u201cto benefit from a lifelong income stream of about $1,000 per month on a household basis under CPF LIFE\u201d. With the Lease Buyback Scheme (LBS) enhanced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50988,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-applications-fall-1-6-but-average-loan-size-hits-record-high\/","url_meta":{"origin":104971,"position":1},"title":"Mortgage applications fall 1.6%, but average loan size hits record high","date":"April 5, 2017","format":false,"excerpt":"\r Mortgage applications to refinance fell 4 percent for the week and are 33 percent lower than a year ago.\r \r Source : cnbc.com\r Read more...Mortgage applications fall 1.6%, but average loan size hits record high","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120085,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weekly-mortgage-demand-falls-but-size-of-average-homebuyer-loan-hits-record\/","url_meta":{"origin":104971,"position":2},"title":"Weekly mortgage demand falls, but size of average homebuyer loan hits record","date":"January 27, 2021","format":false,"excerpt":"\r Sharp gains in home prices and a slight rise in interest rates combined to weaken demand for mortgages last week.\r \r Source : cnbc.com\r Read more...Weekly mortgage demand falls, but size of average homebuyer loan hits record","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buying-a-flat-6-scenarios-you-might-face\/","url_meta":{"origin":104971,"position":3},"title":"Buying a flat: 6 scenarios you might face","date":"January 25, 2017","format":false,"excerpt":"\r The higher the floor, the costlier the flat, so if budget is a concern, opt for a unit on a lower floor.\u00a0 Aside from the important decisions you have to make when buying an HDB flat, there is always the risk of unforeseen circumstances that may affect the buying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-dbs-loan-allows-seniors-to-borrow-against-their-private-property\/","url_meta":{"origin":104971,"position":4},"title":"New DBS loan allows seniors to borrow against their private property","date":"August 17, 2021","format":false,"excerpt":"\r New DBS loan allows seniors to borrow against their private propertySingaporeans and Singapore Permanent Residents aged 65 to 79 will be able to borrow against their fully paid private homes to top up their CPF Retirement Sums that will be used for the CPF LIFE scheme. Seniors owning private\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/condo-singapore.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":130657,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-pay-off-my-student-loan-and-use-spare-cash-to-overpay-my-mortgage\/","url_meta":{"origin":104971,"position":5},"title":"Should I pay off my student loan and use spare cash to overpay my mortgage?","date":"October 10, 2022","format":false,"excerpt":"\r I have \u00a35,000 left on the loan, which I pay \u00a3264 a month towards, and have a \u00a3168,000 mortgageQ I have a two-bedroom house in a desirable city. The property is worth more than \u00a3300,000 and I have a mortgage of \u00a3168,000. 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