{"id":140762,"date":"2023-12-20T19:00:01","date_gmt":"2023-12-20T12:00:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-slips-despite-another-drop-in-interest-rates\/"},"modified":"2023-12-20T19:14:49","modified_gmt":"2023-12-20T12:14:49","slug":"mortgage-demand-slips-despite-another-drop-in-interest-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-slips-despite-another-drop-in-interest-rates\/","title":{"rendered":"Mortgage demand slips despite another drop in interest rates"},"content":{"rendered":"<p>&#013;<br \/>\nThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to 6.83% from 7.07%.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2023\/12\/20\/mortgage-demand-slips-despite-drop-in-interest-rates.html\" target=\"_blank\" rel=\"noopener\">Mortgage demand slips despite another drop in interest rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to&#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-140762","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-ACm","jetpack-related-posts":[{"id":161144,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-spikes-nearly-60-as-interest-rates-drop-sharply\/","url_meta":{"origin":140762,"position":0},"title":"Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply","date":"September 17, 2025","format":false,"excerpt":"\r Mortgage refinance demand surged higher after interest rates dropped to the lowest level since last October. Adjustable-rate loans were also in high demand.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140898,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-down-9-4-for-final-week-of-2023-despite-recent-drop-in-interest-rates\/","url_meta":{"origin":140762,"position":1},"title":"Mortgage demand down 9.4% for final week of 2023, despite recent drop in interest rates","date":"January 3, 2024","format":false,"excerpt":"\r Total mortgage application volume was down 9.4% for the week ending December 29, compared with two weeks earlier, according to the Mortgage Bankers Association.\r \r Source : cnbc.com\r Read more...Mortgage demand down 9.4% for final week of 2023, despite recent drop in interest rates","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137477,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weekly-mortgage-demand-was-flat-even-as-interest-rates-drop-for-the-third-straight-week\/","url_meta":{"origin":140762,"position":2},"title":"Weekly mortgage demand was flat, even as interest rates drop for the third straight week","date":"June 21, 2023","format":false,"excerpt":"\r The average rate on the most popular mortgage, the 30-year fixed, fell for the third straight week\r \r Source : cnbc.com\r Read more...Weekly mortgage demand was flat, even as interest rates drop for the third straight week","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167749,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-move-higher-after-the-fed-rate-cut-causing-loan-demand-to-drop\/","url_meta":{"origin":140762,"position":3},"title":"Mortgage rates move higher after the Fed rate cut, causing loan demand to drop","date":"December 17, 2025","format":false,"excerpt":"\r Mortgage rates moved higher after the Fed cut interest rates last week. That caused demand to drop for both home buying and refinancing.\r \r Source : cnbc.com\r Read more...Mortgage rates move higher after the Fed rate cut, causing loan demand to drop","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weekly-mortgage-demand-from-homebuyers-increased-despite-big-interest-rate-volatility\/","url_meta":{"origin":140762,"position":4},"title":"Weekly mortgage demand from homebuyers increased despite big interest rate volatility","date":"March 11, 2026","format":false,"excerpt":"\r Mortgage rates surged higher last week to due rising oil prices, causing a recent boom in refinancing to pull back.\r \r Source : cnbc.com\r Read more...Weekly mortgage demand from homebuyers increased despite big interest rate volatility","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155246,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-drops-for-the-third-straight-week-even-as-interest-rates-ease\/","url_meta":{"origin":140762,"position":5},"title":"Mortgage demand drops for the third straight week, even as interest rates ease","date":"June 4, 2025","format":false,"excerpt":"\r Weekly mortgage demand dropped despite a slight drop in interest rates. Rates haven't moved much in the last few months.\r \r Source : cnbc.com\r Read more...Mortgage demand drops for the third straight week, even as interest rates ease","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\/140762"}],"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=140762"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140762\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}