小中開始陸陸續續買房了, 但existing home owners不太願意賣房.

以前加州人不太願意賣房是因為Property 13，現在美國人不願意賣房是因為以前的mortgage低利息，新mortgage高利息。

 

 

https://www.cnbc.com/2023/08/23/mortgage-demand-from-homebuyers-drops-to-a-28-year-low-as-interest-rates-soar.html

 

Mortgage demand from homebuyers drops to a 28-year low as interest rates soar

 

KEY POINS

• Last week, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.31% from 7.16%
• Applications for a mortgage to purchase a home dropped 5% for the week and were 30% lower than the same week one year ago.
• The adjustable-rate mortgage share of applications increased to 7.6%, which was the highest level in five months.

 

Mortgage rates jumped last week to the highest level in 23 years, pushing mortgage demand from homebuyers to the lowest level in 28 years.

Total mortgage application volume fell 4.2% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

 

Last week, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.31% from 7.16%, with points rising to 0.78 from 0.68 (including the origination fee) for loans with a 20% down payment. Last year that rate was 5.65%.

“Treasury yields continued to spike last week as markets grappled with illiquidity and concerns that the resilient economy will keep inflation stubbornly high,” said Joel Kan, an MBA economist, in a release.

As a result, applications for a mortgage to purchase a home dropped 5% for the week and were 30% lower than the same week one year ago. Buyer demand stood at the lowest level since December 1995. Potential buyers are dealing not only with high interest rates and high prices, but extremely low supply. The available homes on the market at the end of July were close to a quarter-century low, according to the National Association of Realtors.

The adjustable-rate mortgage share of applications increased to 7.6%, which was the highest level in five months. The number of ARM applications rose 4% week to week.

“Some homebuyers are looking to lower their monthly payments by accepting some interest rate risk after the initial fixed period,” noted Kan.

 

Applications to refinance a home loan fell 3% for the week and were 35% lower year over year. The refinance share of mortgage activity increased to 29.5% of total applications from 28.6% the previous week. There are very few homeowners who can now benefit from a refinance given that most have rates well below the 5% range.

Mortgage rates continued to climb this week and are now right around 7.5% according to Mortgage News Daily.

 

 

所有跟帖： 

• 現在是幾十年最糟糕的買房時機， -高山峻嶺流水人家- ♂ (32 bytes) () 08/23/2023 postreply 06:50:01

• 現在適合現金買房，等等它跌 -yzhl888- ♀ (0 bytes) () 08/23/2023 postreply 06:52:07

• 還有財經新聞總是說缺房源 -CatcherInTheRye- ♂ (182 bytes) () 08/23/2023 postreply 07:08:11

• 以前加州人不太願意賣房是因為Property 13，現在其他美國人不願意賣房是因為舊房貸低利息，新房貸高利息. -BeLe- ♀ (0 bytes) () 08/23/2023 postreply 07:11:59

• 我們家最近經常收到messages, 問我們想不想賣房 -BeLe- ♀ (158 bytes) () 08/23/2023 postreply 07:18:52

• 那些都是spam, 大家都有收到的，你把房子放到市場上就知道了，現在不好賣，因為利息太高 -tax2- ♀ (0 bytes) () 08/23/2023 postreply 07:30:55

• 我們鄰居上星期就這樣把房子賣給一個公司，這個星期搞landscaping的還有裝修隊正忙著。 -BeLe- ♀ (0 bytes) () 08/23/2023 postreply 07:36:57

• 這種看運氣啦，和賣車一樣，如果自己弄，價格會更高，懶人會賣給平台，少賺點錢，但是省事 -tax2- ♀ (0 bytes) () 08/23/2023 postreply 07:57:28

• +1，時不時收到 realtors 發的信 -成功的兔- ♀ (0 bytes) () 08/23/2023 postreply 07:39:23

• 以前買房的低利息，現在舍不得賣，正常啊。。。 -A-mao- ♂ (0 bytes) () 08/23/2023 postreply 07:56:47

• 美國現在二手房市場房源創了25 年最低紀錄，都等著利率降下來賣房子。 -ginger2003- ♂ (0 bytes) () 08/23/2023 postreply 08:33:34

• 大量新房正在建，完全是local issue -ginger2003- ♂ (0 bytes) () 08/23/2023 postreply 08:34:28

• 利率如果兩年後下降2%，房子會大漲嗎？ -ccb168- ♂ (0 bytes) () 08/23/2023 postreply 08:53:00

• 漲和跌都有可能。看 zip code -ginger2003- ♂ (0 bytes) () 08/23/2023 postreply 08:58:02

• 房子漲漲跌跌的， 總有起伏，但大的趨勢是漲 -rr6mumu- ♀ (0 bytes) () 08/23/2023 postreply 09:11:23