{"id":139967,"date":"2023-10-21T01:05:05","date_gmt":"2023-10-20T18:05:05","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-mortgage-rates-hit-8-home-affordability-is-incredibly-difficult-economist-says\/"},"modified":"2023-10-21T01:26:40","modified_gmt":"2023-10-20T18:26:40","slug":"as-mortgage-rates-hit-8-home-affordability-is-incredibly-difficult-economist-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-mortgage-rates-hit-8-home-affordability-is-incredibly-difficult-economist-says\/","title":{"rendered":"As mortgage rates hit 8%, home 'affordability is incredibly difficult,' economist says"},"content":{"rendered":"


\nMortgage rates hit 8% for the first time in decades. Homebuyers must earn $114,627 to afford a median-priced house in the U.S., found real estate firm Redfin.
\n
\nSource : cnbc.com
\nRead more…As mortgage rates hit 8%, home ‘affordability is incredibly difficult,’ economist says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mortgage rates hit 8% for the first time in decades. Homebuyers must earn $114,627 to...<\/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-139967","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-Apx","jetpack-related-posts":[{"id":169285,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-whats-happening-now-with-mortgage-rates-after-trumps-latest-push-on-housing-affordability\/","url_meta":{"origin":139967,"position":0},"title":"Here\u2019s what\u2019s happening now with mortgage rates after Trump's latest push on housing affordability","date":"January 9, 2026","format":false,"excerpt":"\r President Donald Trump posted on social media Thursday that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds.\r \r Source : cnbc.com\r Read more...Here\u2019s what\u2019s happening now with mortgage rates after Trump's latest push on housing affordability","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94663,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-apps-fall-1-as-affordability-concerns-looms\/","url_meta":{"origin":139967,"position":1},"title":"Mortgage apps fall 1% as affordability concerns looms","date":"July 25, 2018","format":false,"excerpt":"\r CNBC's Diana Olick sifts through the latest data on housing and outlook on mortgage rates.\r \r Source : cnbc.com\r Read more...Mortgage apps fall 1% as affordability concerns looms","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-mortgage-market-isnt-sending-the-signal-homebuyers-need-on-affordability\/","url_meta":{"origin":139967,"position":2},"title":"The mortgage market isn't sending the signal homebuyers need on affordability","date":"July 17, 2023","format":false,"excerpt":"\r Mortgage rates should move down sharply from 7% as inflation falls, the Fed nears the end of its hikes, and recession fears wane. So why isn't that happening?\r \r Source : cnbc.com\r Read more...The mortgage market isn't sending the signal homebuyers need on affordability","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/low-mortgage-rates-will-bring-homebuyers-back-redfin-chief-economist\/","url_meta":{"origin":139967,"position":3},"title":"Low mortgage rates will bring homebuyers back: Redfin chief economist","date":"November 2, 2019","format":false,"excerpt":"\r Daryl Fairweather, Redfin chief economist, and CNBC's Diana Olick join 'The Exchange' to discuss what a drop in mortgage rates means for the housing industry.\r \r Source : cnbc.com\r Read more...Low mortgage rates will bring homebuyers back: Redfin chief economist","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80766,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/economist-housing-market-should-be-fine-with-rising-mortgage-rates\/","url_meta":{"origin":139967,"position":4},"title":"Economist: Housing market should be fine with rising mortgage rates","date":"February 23, 2018","format":false,"excerpt":"\r Mark Zandi, Moody\u2019s Analytics chief economist, and Skylar Olsen, Zillow senior economist, discuss the current headwinds for the housing market.\r \r Source : cnbc.com\r Read more...Economist: Housing market should be fine with rising mortgage rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-around-3-will-get-buyers-out-economist\/","url_meta":{"origin":139967,"position":5},"title":"Mortgage rates around 3% will get buyers out: Economist","date":"February 1, 2020","format":false,"excerpt":"\r CNBC's \"Power Lunch\" discusses the latest in housing with Mark Zandi, chief economist at Moody's Analytics.\r \r Source : cnbc.com\r Read more...Mortgage rates around 3% will get buyers out: Economist","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\/139967"}],"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=139967"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139967\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}