{"id":145985,"date":"2024-07-10T18:00:01","date_gmt":"2024-07-10T11:00:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-drops-further-despite-homeowners-sitting-on-17-trillion-in-equity\/"},"modified":"2024-07-10T18:11:38","modified_gmt":"2024-07-10T11:11:38","slug":"mortgage-refinance-demand-drops-further-despite-homeowners-sitting-on-17-trillion-in-equity","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-drops-further-despite-homeowners-sitting-on-17-trillion-in-equity\/","title":{"rendered":"Mortgage refinance demand drops further, despite homeowners sitting on $17 trillion in equity"},"content":{"rendered":"


\nThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased last week to 7.00% from 7.03%.
\n
\nSource : cnbc.com
\nRead more…Mortgage refinance demand drops further, despite homeowners sitting on trillion in equity<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or...<\/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-145985","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-BYB","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":145985,"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 "Property News"","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":145985,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171866,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-drops-18-as-rates-hit-highest-level-since-august\/","url_meta":{"origin":145985,"position":2},"title":"Mortgage refinance demand drops 18% as rates hit highest level since August","date":"May 27, 2026","format":false,"excerpt":"\r Mortgage rates rose to the highest level in nine months, hitting refinance demand hardest. Homebuyers also pulled back but were still more active than last year.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand drops 18% as rates hit highest level since August","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120109,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weekly-mortgage-refinance-demand-drops-5-after-rates-hit-highest-level-since-november\/","url_meta":{"origin":145985,"position":3},"title":"Weekly mortgage refinance demand drops 5% after rates hit highest level since November","date":"January 20, 2021","format":false,"excerpt":"\r Several weeks of rising rates are dousing what was incredibly high demand for refinancing, according to Mortgage Bankers Association data.\r \r Source : cnbc.com\r Read more...Weekly mortgage refinance demand drops 5% after rates hit highest level since November","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131862,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-fall-for-the-third-straight-week-but-demand-still-drops-further\/","url_meta":{"origin":145985,"position":4},"title":"Mortgage rates fall for the third straight week, but demand still drops further","date":"November 30, 2022","format":false,"excerpt":"\r Mortgage rates continue to ease, but demand is not following, as there are few who can benefit from a refinance, and homebuyers are still facing high prices.\r \r Source : cnbc.com\r Read more...Mortgage rates fall for the third straight week, but demand still drops further","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-demand-drops-even-as-rates-fall-to-the-lowest-since-april\/","url_meta":{"origin":145985,"position":5},"title":"Mortgage demand drops, even as rates fall to the lowest since April","date":"June 18, 2025","format":false,"excerpt":"\r Mortgage demand to buy a home and to refinance a loan declined, despite falling interest rates. Weak consumer confidence is the culprit.\r \r Source : cnbc.com\r Read more...Mortgage demand drops, even as rates fall to the lowest since April","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\/145985"}],"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=145985"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145985\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=145985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=145985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=145985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}