{"id":146616,"date":"2024-08-03T03:07:48","date_gmt":"2024-08-02T20:07:48","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-plunge-to-the-lowest-level-in-more-than-a-year-after-weak-employment-report\/"},"modified":"2024-08-03T22:28:09","modified_gmt":"2024-08-03T15:28:09","slug":"mortgage-rates-plunge-to-the-lowest-level-in-more-than-a-year-after-weak-employment-report","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-plunge-to-the-lowest-level-in-more-than-a-year-after-weak-employment-report\/","title":{"rendered":"Mortgage rates plunge to the lowest level in more than a year after weak employment report"},"content":{"rendered":"<p>&#013;<br \/>\nThe recent high on the 30-year fixed mortgage was 7.52% in late April, and home sales have been falling ever since.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2024\/08\/02\/mortgage-rates-lowest-level-in-a-year.html\" target=\"_blank\" rel=\"noopener\">Mortgage rates plunge to the lowest level in more than a year after weak employment report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The recent high on the 30-year fixed mortgage was 7.52% in late April, and home&#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-146616","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-C8M","jetpack-related-posts":[{"id":114077,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weekly-mortgage-refinance-applications-spike-15-as-interest-rates-plunge-to-lowest-in-nearly-4-years\/","url_meta":{"origin":146616,"position":0},"title":"Weekly mortgage refinance applications spike 15% as interest rates plunge to lowest in nearly 4 years","date":"February 5, 2020","format":false,"excerpt":"\r Homeowners rushed to take advantage of the sharp drop in interest rates last week. Refinance demand pushed total mortgage application volume up 5% for the week to the highest level since 2013, according to the Mortgage Bankers Association.\r \r Source : cnbc.com\r Read more...Weekly mortgage refinance applications spike 15%\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13518,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lowest-rates-in-a-year-no-enticement-mortgage-applications-down-1-6\/","url_meta":{"origin":146616,"position":1},"title":"Lowest rates in a year no enticement: Mortgage applications down 1.6%","date":"May 18, 2016","format":false,"excerpt":"\r Mortgage rates remained close to the lowest levels in a year, but that didn't push homebuyers to take the plunge.\r \r Source : cnbc.com\r Read more...Lowest rates in a year no enticement: Mortgage applications down 1.6%","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146903,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barratt-profits-plunge-75-as-number-of-houses-built-slumps\/","url_meta":{"origin":146616,"position":2},"title":"Barratt profits plunge 75% as number of houses built slumps","date":"September 4, 2024","format":false,"excerpt":"\r Cost of living crisis, higher mortgage rates and weak consumer confidence weigh on housing market in past yearBarratt Developments has suffered a 75% drop in annual profit and a double-digit decline in home completions after a \u201cchallenging\u201d year for Britain\u2019s biggest housebuilder.The company said the past year had proved\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102405,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weekly-mortgage-applications-drop-5-8-as-stock-market-plunge-unnerves-potential-buyers\/","url_meta":{"origin":146616,"position":3},"title":"Weekly mortgage applications drop 5.8% as stock market plunge unnerves potential buyers","date":"December 19, 2018","format":false,"excerpt":"\r Even with mortgage rates at the lowest level in three months, homebuyers are pulling away from the housing market.\r \r Source : cnbc.com\r Read more...Weekly mortgage applications drop 5.8% as stock market plunge unnerves potential buyers","rel":"","context":"In &quot;Property News&quot;","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":146616,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140216,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-plunge-and-demand-finally-inches-back\/","url_meta":{"origin":146616,"position":5},"title":"Mortgage rates plunge and demand finally inches back","date":"November 8, 2023","format":false,"excerpt":"\r Mortgage rates saw their biggest one-week drop in over a year last week, causing the first increase in mortgage demand in a month.\r \r Source : cnbc.com\r Read more...Mortgage rates plunge and demand finally inches back","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\/146616"}],"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=146616"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146616\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}