today:
1,037
yesterday:
1,189
Total:
1,008,417

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.”

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Notice 부동산 용어 (A to Z) 2019.03.03 1342
111 Hudson Yards file 2019.03.16 62
110 TEST 17 2019.03.10 211
109 Chapter 17 Conclusion 2019.03.10 114
108 TEST 16 2019.03.10 147
107 TEST 15 2019.03.07 101
106 Chapter 15 Conclusion 2019.03.07 423
105 TEST 14 2019.03.07 91
104 Chapter 14 Conclusion 2019.03.07 103
103 TEST 13 2019.03.07 128
102 Chapter 13 Conclusion 2019.03.07 89
101 TEST 12 2019.03.06 330
100 TEST 11 2019.03.06 134
99 CHAPTER 11 2019.03.06 104
98 TEST 10 2019.03.05 206
97 Chapter 10 2019.03.05 224
96 SUMMARY 9 2019.03.05 54
95 TEST 9 2019.03.05 147
94 Chapter 8 Quiz 2019.03.04 116
93 Chapter 8 Conclusion 2019.03.04 246
92 DEED 2019.03.04 72
91 warranty deed 여섯 가지의 covenant 2019.03.04 65
90 Exam Essentials 2019.03.01 139
89 Chapter 3 TEST 2019.03.02 277
88 Chapter 3 TEST (2nd) 2019.03.02 185
87 Chapter 4 - TEST 2019.03.02 142
86 Exemptions from License Requirements 2019.02.28 65
85 Managers and Employees Exempt From Licensing Law 2019.02.28 74
84 Acting Without a License 2019.02.28 120
» Mortgage demand falls to lowest level in 22 years 2022.06.11 144
82 TEST 4 - Correction 2019.03.02 143