{"id":142710,"date":"2024-02-21T19:00:01","date_gmt":"2024-02-21T12:00:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-takes-a-massive-hit-as-interest-rates-cross-back-over-7\/"},"modified":"2024-02-21T19:19:31","modified_gmt":"2024-02-21T12:19:31","slug":"mortgage-demand-takes-a-massive-hit-as-interest-rates-cross-back-over-7","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-takes-a-massive-hit-as-interest-rates-cross-back-over-7\/","title":{"rendered":"Mortgage demand takes a massive hit as interest rates cross back over 7%"},"content":{"rendered":"<p>&#013;<br \/>\nApplications for a mortgage to purchase a home fell 10% last week as interest rates surged to the highest level since early December.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2024\/02\/21\/mortgage-demand-takes-a-massive-hit-as-interest-rates-cross-back-over-7percent.html\" target=\"_blank\" rel=\"noopener\">Mortgage demand takes a massive hit as interest rates cross back over 7%<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Applications for a mortgage to purchase a home fell 10% last week as interest rates&#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-142710","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-B7M","jetpack-related-posts":[{"id":143399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-surges-even-as-rates-cross-back-over-7-heres-why\/","url_meta":{"origin":142710,"position":0},"title":"Mortgage refinance demand surges even as rates cross back over 7%. Here&#039;s why","date":"April 10, 2024","format":false,"excerpt":"\r The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.01% from 6.91%.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand surges even as rates cross back over 7%. Here's why","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-stalls-after-mini-refinance-boom\/","url_meta":{"origin":142710,"position":1},"title":"Mortgage demand stalls after mini refinance boom","date":"September 24, 2025","format":false,"excerpt":"\r After a massive 58% weekly surge in refinance demand the week before, mortgage demand stalled again last week, even though interest rates fell further.\r \r Source : cnbc.com\r Read more...Mortgage demand stalls after mini refinance boom","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160050,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-and-interest-rates-remain-stuck-at-low-levels\/","url_meta":{"origin":142710,"position":2},"title":"Mortgage demand and interest rates remain stuck at low levels","date":"August 27, 2025","format":false,"excerpt":"\r Mortgage demand barely moved last week. With no real change in mortgage interest rates, consumers have little incentive to refinance.\r \r Source : cnbc.com\r Read more...Mortgage demand and interest rates remain stuck at low levels","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-drops-as-interest-rates-hit-a-three-month-high\/","url_meta":{"origin":142710,"position":3},"title":"Mortgage demand drops as interest rates hit a three-month high","date":"February 10, 2021","format":false,"excerpt":"\r Mortgage interest rates have increased in four of the first six weeks of 2021, putting a chill on mortgage demand.\r \r Source : cnbc.com\r Read more...Mortgage demand drops as interest rates hit a three-month high","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172402,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weekly-mortgage-demand-stalls-along-with-interest-rates-but-rates-are-now-moving-higher-again\/","url_meta":{"origin":142710,"position":4},"title":"Weekly mortgage demand stalls along with interest rates, but rates are now moving higher again.","date":"August 19, 2026","format":false,"excerpt":"\r Mortgage rates were unchanged last week, as was mortgage demand, and total volume remains lower than year-ago levels.\r \r Source : cnbc.com\r Read more...Weekly mortgage demand stalls along with interest rates, but rates are now moving higher again.","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-increases-again-but-interest-rates-are-rising\/","url_meta":{"origin":142710,"position":5},"title":"Mortgage demand increases again, but interest rates are rising","date":"March 22, 2023","format":false,"excerpt":"\r Mortgage demand rose last week, but rising interest rates may stand in the way of stronger application volume.\r \r Source : cnbc.com\r Read more...Mortgage demand increases again, but interest rates are rising","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\/142710"}],"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=142710"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142710\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}