{"id":143399,"date":"2024-04-10T18:00:01","date_gmt":"2024-04-10T11:00:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-surges-even-as-rates-cross-back-over-7-heres-why\/"},"modified":"2024-04-10T18:19:35","modified_gmt":"2024-04-10T11:19:35","slug":"mortgage-refinance-demand-surges-even-as-rates-cross-back-over-7-heres-why","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-surges-even-as-rates-cross-back-over-7-heres-why\/","title":{"rendered":"Mortgage refinance demand surges even as rates cross back over 7%. Here&#039;s why"},"content":{"rendered":"<p>&#013;<br \/>\nThe 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%.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2024\/04\/10\/mortgage-refinance-demand-surges-even-as-rates-cross-back-over-7percent-.html\" target=\"_blank\" rel=\"noopener\">Mortgage refinance demand surges even as rates cross back over 7%. Here&#8217;s why<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or&#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-143399","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-BiT","jetpack-related-posts":[{"id":156872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-surges-as-interest-rates-drop-further\/","url_meta":{"origin":143399,"position":0},"title":"Mortgage refinance demand surges, as interest rates drop further","date":"July 2, 2025","format":false,"excerpt":"\r Mortgage rates continued to fall, causing more homeowners to apply to refinance at those lower rates. Homebuyers, however, were less impacted by lower rates.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand surges, as interest rates drop further","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133668,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-surges-as-homeowners-take-advantage-of-lower-interest-rates\/","url_meta":{"origin":143399,"position":1},"title":"Mortgage refinance demand surges, as homeowners take advantage of lower interest rates","date":"January 11, 2023","format":false,"excerpt":"\r Mortgage rates fell last week, causing a rush on refinancing.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand surges, as homeowners take advantage of lower interest rates","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169391,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-surges-40-higher-after-trump-post-briefly-tanks-interest-rates\/","url_meta":{"origin":143399,"position":2},"title":"Mortgage refinance demand surges 40% higher after Trump post briefly tanks interest rates","date":"January 14, 2026","format":false,"excerpt":"\r Mortgage rates dropped markedly at the end of last week, causing a huge jump in demand to refinance and a smaller surge in demand from homebuyers.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand surges 40% higher after Trump post briefly tanks interest rates","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-surges-27-as-interest-rates-drop-for-the-third-straight-week\/","url_meta":{"origin":143399,"position":3},"title":"Mortgage refinance demand surges 27%, as interest rates drop for the third straight week.","date":"December 11, 2024","format":false,"excerpt":"\r Mortgage rates fell again last week, and while the drop wasn't huge, it was enough to spur current homeowners to look for some savings.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand surges 27%, 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":147184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-boom-takes-hold-as-weekly-demand-surges-20\/","url_meta":{"origin":143399,"position":4},"title":"Mortgage refinance boom takes hold, as weekly demand surges 20%","date":"September 25, 2024","format":false,"excerpt":"\r Applications to refinance a home loan surged 20% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.\r \r Source : cnbc.com\r Read more...Mortgage refinance boom takes hold, as weekly demand surges 20%","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-finally-see-bigger-profit-margins-ahead-as-demand-surges\/","url_meta":{"origin":143399,"position":5},"title":"Mortgage lenders finally see bigger profit margins ahead, as demand surges","date":"June 12, 2019","format":false,"excerpt":"\r The mortgage application numbers this week just put an exclamation point on an already positive trend for mortgage lenders. Consumer demand for mortgages, both to purchase a home and to refinance, is way up.\r \r Source : cnbc.com\r Read more...Mortgage lenders finally see bigger profit margins ahead, as demand\u2026","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\/143399"}],"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=143399"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143399\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=143399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=143399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=143399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}