today:
217
yesterday:
600
Total:
1,151,756

부동산

 

Mortgage rates are back on the upswing, after a brief decline in May, and the housing market is still suffering from a lack of listings. As a result, mortgage demand continues to drop.

Total mortgage application volume fell 6.5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Demand hit the lowest level in 22 years.

 

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.40% from 5.33%, with points rising to 0.60 from 0.51 (including the origination fee) for loans with a 20% down payment.

Refinance demand, which is most sensitive to weekly rate moves, fell another 6% for the week and was 75% lower than the same week one year ago. The vast majority of mortgage holders now have rates considerably lower than the current one, and even those who would like to pull cash out of their homes are choosing second mortgages, rather than refinancing their first liens.

 

 

“While rates were still lower than they were four weeks ago, they remained high enough to still suppress refinance activity. Only government refinances saw a slight increase last week,” said Joel Kan, an MBA economist.

Applications for a mortgage to purchase a home fell 7% for the week and were 21% lower than the same week one year ago.

“The purchase market has suffered from persistently low housing inventory and the jump in mortgage rates over the past two months. These worsening affordability challenges have been particularly hard on prospective first-time buyers,” Kan said.

 

Mortgage rates moved even higher to start this week, according to a separate survey by Mortgage News Daily. Rates have been in a narrow range for several weeks after moving decidedly higher in the previous months.

 

“There’s some chance that the upper boundaries of that range end up being a ceiling for rates, but that will depend on inflation and other incoming economic data,” wrote Matthew Graham, chief operating officer at Mortgage News Daily. “With a key inflation report set to release on Friday morning, the potential for volatility remains high.”

No. Subject Date Views
448 Conventional Loan을 FHA Loan보다 선호하는 이유 2024.11.22 29
447 Mortgage Agent (모기지 에이전트) vs Mortgage Broker (모기지 브로커) 2024.11.22 27
446 Loan (대출) vs Mortgage (모기지) 2024.11.22 31
445 FHA 모기지 신청 자격 2024.11.21 29
444 모기지(주택 담보 대출)의 종류 2024.11.21 26
443 미국 집의 형태 2024.11.21 18
442 미국 부동산 구입 (1) 2024.10.24 46
441 Prohibited Acts 2023.07.06 388
440 prohibit discrimination 2023.07.06 439
439 HUD’s advertising guidelines 2023.07.06 318
438 The major concerns of state laws 2023.07.05 313
437 Sales of real property by a foreign person 2023.07.04 328
436 CHAPTER 1 TEST 2023.06.25 133
435 TEST FINAL 1 2023.06.24 121
434 TEST4 2023.06.24 124
433 TEST3 2023.06.24 120
432 TEST 2 2023.06.06 128
431 TEST1 2023.06.05 125
430 Top 10 BEST CITIES to Live in America for 2022 (Stay to the end for extras) 2022.09.16 170
429 SAMPLE EXPRESSION FOR ROUTE 2022.09.05 199
428 Non Surgical Hair Replacement for women and men San Diego, CA (San Diego County) 2022.09.01 185
427 14-bed RCFE Facility for Sale Los Angeles County, CA 2022.09.01 315
» Mortgage demand falls to lowest level in 22 years 2022.06.11 209
425 CID Rental Restrictions - The new section 4741 2022.05.04 196
424 1031 file 2022.01.04 246
423 PRIVATE REMARKS file 2021.12.27 267
422 CRMLS Listing Status Definitions file 2021.12.22 195
421 8645 Butte Circle Unit#601E, Huntington Beach, CA 92646 2021.12.05 164
420 8885 Plumas Circle Unit#1118A, Huntington Beach, CA 92646 2021.12.05 136
419 8933 Amador Cir # 1315B, Huntington Beach 92646 2021.12.05 137