{"id":138586,"date":"2023-08-01T20:03:26","date_gmt":"2023-08-01T13:03:26","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-so-many-americans-feel-trapped-in-their-homes-by-their-low-rate-mortgages\/"},"modified":"2023-08-01T20:19:15","modified_gmt":"2023-08-01T13:19:15","slug":"why-so-many-americans-feel-trapped-in-their-homes-by-their-low-rate-mortgages","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-so-many-americans-feel-trapped-in-their-homes-by-their-low-rate-mortgages\/","title":{"rendered":"Why so many Americans feel trapped in their homes by their low-rate mortgages"},"content":{"rendered":"


\nAt today’s rates, most homeowners would have to finance a new home at a higher rate than their current one, creating an incentive to stay put.
\n
\nSource : cnbc.com
\nRead more…Why so many Americans feel trapped in their homes by their low-rate mortgages<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

At today’s rates, most homeowners would have to finance a new home at a higher...<\/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-138586","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-A3g","jetpack-related-posts":[{"id":121822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lloyds-faces-court-battle-over-mortgages-tied-to-property-value\/","url_meta":{"origin":138586,"position":0},"title":"Lloyds faces court battle over mortgages tied to property value","date":"September 5, 2021","format":false,"excerpt":"\r Borrowers claim they are \u2018trapped in their homes until their deaths\u2019\r \r Source : ft.com\r Read more...Lloyds faces court battle over mortgages tied to property value","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111722,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-prisoners-domestic-abuse-survivors-on-how-they-got-trapped\/","url_meta":{"origin":138586,"position":1},"title":"Mortgage prisoners: domestic abuse survivors on how they got trapped","date":"October 19, 2019","format":false,"excerpt":"\r Homeowners fleeing toxic relationships can get stuck with large mortgages they can\u2019t escapeFour years ago, without a word of warning, Wendy\u2019s estranged husband stopped paying his share of the mortgage, leaving the mother of one to pay the full \u00a31,100 a month.Despite this, Wendy*, 46, was still at the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143280,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenants-trapped-in-a-collapsing-housing-system-letters\/","url_meta":{"origin":138586,"position":2},"title":"Tenants trapped in a collapsing housing system | Letters","date":"March 31, 2024","format":false,"excerpt":"\r Social housing tenants are suffering just as much as those in the private rented sector, writes Suzanne Muna. Plus letters from Derrick Joad, Rosemary Walker and Bob ColenuttThank you for John Harris\u2019s excellent call for politicians to act on the housing crisis (Neglected, derided and exploited more than ever:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlord-mortgages-plummet-by-85-after-stamp-duty-changes\/","url_meta":{"origin":138586,"position":3},"title":"Landlord mortgages plummet by 85% after stamp duty changes","date":"June 15, 2016","format":false,"excerpt":"\r Surcharge on second homes that came into effect in April led to fewer buy-to-let loans, figures show The number of mortgages taken out by landlords buying new properties plummeted by 85% in April, following the introduction of a new stamp duty rate on second homes.Figure from the Council of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114850,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-interest-rate-cut-mean-for-mortgages-and-savers\/","url_meta":{"origin":138586,"position":4},"title":"What does interest rate cut mean for mortgages and savers?","date":"March 11, 2020","format":false,"excerpt":"\r There will be gain for some consumers but pain for others after the Bank of England\u2019s decisionThe emergency 0.5% rate cut by the Bank of England in the midst of the coronavirus outbreak will mean monthly savings for householders with tracker mortgages but more pain for savers as interest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-the-interest-rate-rise-trigger-a-stampede-for-tracker-mortgages\/","url_meta":{"origin":138586,"position":5},"title":"Will the interest rate rise trigger a stampede for tracker mortgages?","date":"February 3, 2023","format":false,"excerpt":"\r Hints by Bank of England that rates may have peaked leaves those remortgaging in a quandaryWhat does the Bank of England interest rate rise mean for you?The rush towards tracker mortgages that began even before Thursday\u2019s interest rate rise could well become a stampede after the Bank of England\u2026","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\/138586"}],"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=138586"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138586\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}