{"id":142998,"date":"2024-03-12T21:42:49","date_gmt":"2024-03-12T14:42:49","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-need-to-earn-80-more-than-in-2020-to-afford-a-house-in-this-market-its-not-just-due-to-high-mortgage-rates\/"},"modified":"2024-03-12T21:58:31","modified_gmt":"2024-03-12T14:58:31","slug":"homebuyers-need-to-earn-80-more-than-in-2020-to-afford-a-house-in-this-market-its-not-just-due-to-high-mortgage-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-need-to-earn-80-more-than-in-2020-to-afford-a-house-in-this-market-its-not-just-due-to-high-mortgage-rates\/","title":{"rendered":"Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It's not just due to high mortgage rates"},"content":{"rendered":"


\nWhile mortgage rates remain elevated for potential homebuyers, factors outside borrowing costs are keeping housing unaffordable for many, experts say.
\n
\nSource : cnbc.com
\nRead more…Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It’s not just due to high mortgage rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

While mortgage rates remain elevated for potential homebuyers, factors outside borrowing costs are keeping housing...<\/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-142998","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-Bcq","jetpack-related-posts":[{"id":139967,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-mortgage-rates-hit-8-home-affordability-is-incredibly-difficult-economist-says\/","url_meta":{"origin":142998,"position":0},"title":"As mortgage rates hit 8%, home 'affordability is incredibly difficult,' economist says","date":"October 21, 2023","format":false,"excerpt":"\r Mortgage 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.\r \r Source : cnbc.com\r Read more...As mortgage rates hit 8%, home 'affordability is incredibly difficult,' economist says","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-snap-up-lower-mortgage-rates\/","url_meta":{"origin":142998,"position":1},"title":"Homebuyers snap up lower mortgage rates","date":"September 11, 2019","format":false,"excerpt":"\r Homebuyers are taking advantage of lower mortgage rates and a slightly more desperate seller. CNBC's Diana Olick reports on the latest mortgage application data.\r \r Source : cnbc.com\r Read more...Homebuyers snap up lower mortgage rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171908,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-are-easing-slightly-but-homebuyers-are-retreating\/","url_meta":{"origin":142998,"position":2},"title":"Mortgage rates are easing slightly, but homebuyers are retreating","date":"June 3, 2026","format":false,"excerpt":"\r Mortgage rates fell slightly last week, but neither current homeowners nor potential homebuyers were inspired. Demand for mortgages fell overall.\r \r Source : cnbc.com\r Read more...Mortgage rates are easing slightly, but homebuyers are retreating","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-drops-as-homebuyers-wait-for-lower-rates\/","url_meta":{"origin":142998,"position":3},"title":"Mortgage demand drops, as homebuyers wait for lower rates","date":"July 24, 2024","format":false,"excerpt":"\r Mortgage interest rates eased very slightly last week, but not enough to get today's potential homebuyers off the fence.\r \r Source : cnbc.com\r Read more...Mortgage demand drops, as homebuyers wait for lower rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170608,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-face-dwindling-discounts-as-property-market-stabilises\/","url_meta":{"origin":142998,"position":4},"title":"Hong Kong homebuyers face dwindling discounts as property market stabilises","date":"February 23, 2026","format":false,"excerpt":"\r May Chan is looking for a home that she can call her own. The freelancer wants to buy a flat, but high mortgage rates as well as uncertainty in the property market kept her from taking the plunge. \u201cI would like to buy a flat, if I can afford\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-are-rising-again-but-homebuyers-are-trickling-back\/","url_meta":{"origin":142998,"position":5},"title":"Mortgage rates are rising again, but homebuyers are trickling back","date":"April 29, 2026","format":false,"excerpt":"\r Mortgage rates rose last week after several weeks of declines. That took a toll on refinance demand, but homebuyers seem more resilient.\r \r Source : cnbc.com\r Read more...Mortgage rates are rising again, but homebuyers are trickling back","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\/142998"}],"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=142998"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142998\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}