តម្រូវការបញ្ចាំប្រចាំសប្តាហ៍ពីអ្នកទិញផ្ទះធ្លាក់ចុះ 12%

Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability. Both refinance and purchase loan demand dropped, pulling total mortgage application volume down 11% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index.

Mortgage applications to purchase a home declined 12% week to week and were 15% lower compared with the same week one year ago. That was the first weekly drop in homebuyer demand since the third week in April. Mortgage rates have risen over 2 full percentage points since the start of the year, and home prices are up more than 20% from a year ago.

អត្រាការប្រាក់ក្នុងកិច្ចសន្យាមធ្យមសម្រាប់ហ៊ីប៉ូដែលមានអត្រាថេរអប្បបរមា 30 ឆ្នាំដែលមានសមតុល្យប្រាក់កម្ចីសមស្រប ($ 647,200 ឬតិចជាង) បានថយចុះដល់ 5.49% ពី 5.53% ដោយពិន្ទុបានកើនឡើងដល់ 0.74 ពី 0.73 (រួមទាំងថ្លៃដើម) សម្រាប់ប្រាក់កម្ចីដែលមាន 20% លុយ​កក់។

Inflation isn’t helping consumers feel particularly flush either.

“General uncertainty about the near-term economic outlook, as well as recent stock market volatility, may be causing some households to delay their home search,” said Joel Kan, an MBA economist.

Applications to refinance a home loan continued their landslide, falling another 10% week to week. Refinance demand was 76% lower than the same week one year ago. Two years of record-low interest rates during ជំងឺរាតត្បាត Covid incited a refinance boom which has now gone bust. There is simply a very small pool of borrowers who can now benefit from a refinance.

While dropping very slightly from the week before, the adjustable-rate mortgage share of total applications remained high at 10.5%. It was around 3% at the start of this year. ARMs offer lower interest rates and can be fixed rate for up to 10 years.

Mortgage rates moved higher again Tuesday, after strong retail sales data and comments from Federal Reserve Chairman Jerome Powell, who said the Fed would not hesitate to continue boosting interest rates until inflation came down.

The weekly drop in homebuyer mortgage demand concurs with another report out Tuesday from the nation’s homebuilders. ពួកគេបានរាយការណ៍ a considerable drop in both buyer traffic and current sales conditions, according to the National Association of Home Builders. Builder sentiment dropped to the lowest level in nearly two years.