{"id":108426,"date":"2019-06-25T21:56:00","date_gmt":"2019-06-25T14:56:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-home-sales-sank-7-8-in-may-despite-a-big-drop-in-mortgage-rates\/"},"modified":"2019-06-25T22:11:39","modified_gmt":"2019-06-25T15:11:39","slug":"new-home-sales-sank-7-8-in-may-despite-a-big-drop-in-mortgage-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-home-sales-sank-7-8-in-may-despite-a-big-drop-in-mortgage-rates\/","title":{"rendered":"New home sales sank 7.8% in May, despite a big drop in mortgage rates"},"content":{"rendered":"


\nBuyers pulled away from the builders in May, even as affordability improved, thanks to lower mortgage rates.
\n
\nSource : cnbc.com
\nRead more…New home sales sank 7.8% in May, despite a big drop in mortgage rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Buyers pulled away from the builders in May, even as affordability improved, thanks to lower...<\/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-108426","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-scO","jetpack-related-posts":[{"id":140841,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/november-pending-home-sales-were-unchanged-despite-a-sharp-drop-in-mortgage-rates\/","url_meta":{"origin":108426,"position":0},"title":"November pending home sales were unchanged, despite a sharp drop in mortgage rates","date":"December 28, 2023","format":false,"excerpt":"\r The average rate on the 30-year fixed mortgage soared over 8% in mid-October but then dropped sharply to 7.5% in the first week of November.\r \r Source : cnbc.com\r Read more...November pending home sales were unchanged, despite a sharp drop in mortgage rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-sales-fell-in-april-despite-a-big-drop-in-mortgage-rates\/","url_meta":{"origin":108426,"position":1},"title":"Home sales fell in April despite a big drop in mortgage rates","date":"May 21, 2019","format":false,"excerpt":"\r Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units, according to the National Association of Realtors. Sales were 4.4% lower compared with April 2018.\r \r Source : cnbc.com\r Read more...Home sales fell in April despite a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pending-home-sales-drop-1-in-february-despite-lower-mortgage-rates\/","url_meta":{"origin":108426,"position":2},"title":"Pending home sales drop 1% in February, despite lower mortgage rates","date":"March 28, 2019","format":false,"excerpt":"\r The supply of homes for sale has been rising steadily, up over 3 percent in February compared with a year ago.\r \r Source : cnbc.com\r Read more...Pending home sales drop 1% in February, despite lower mortgage rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weekly-mortgage-applications-flatline-along-with-interest-rates\/","url_meta":{"origin":108426,"position":3},"title":"Weekly mortgage applications flatline, along with interest rates","date":"October 3, 2018","format":false,"excerpt":"\r Mortgage application volume last week sank 15 percent from last year but was unchanged from the previous week, according to the Mortgage Bankers Association.\u00a0\u00a0\r \r Source : cnbc.com\r Read more...Weekly mortgage applications flatline, along with interest rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149308,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pending-home-sales-drop-sharply-in-december-as-mortgage-rates-surge-back-over-7\/","url_meta":{"origin":108426,"position":4},"title":"Pending home sales drop sharply in December, as mortgage rates surge back over 7%","date":"January 30, 2025","format":false,"excerpt":"\r Pending home sales in the U.S. fell in December as mortgage rates climbed again.\r \r Source : cnbc.com\r Read more...Pending home sales drop sharply in December, as mortgage rates surge back over 7%","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143945,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-riskier-adjustable-rate-mortgages-hits-highest-level-of-the-year-due-to-rising-rates\/","url_meta":{"origin":108426,"position":5},"title":"Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates","date":"May 1, 2024","format":false,"excerpt":"\r The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.\r \r Source : cnbc.com\r Read more...Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108426"}],"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=108426"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108426\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}