{"id":30577,"date":"2020-07-01T17:57:49","date_gmt":"2020-07-01T13:57:49","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=30577"},"modified":"2020-07-01T21:11:25","modified_gmt":"2020-07-01T17:11:25","slug":"mortgage-demand-drops-for-the-second-week","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/mortgage-demand-drops-for-the-second-week\/07\/01\/market-updates\/","title":{"rendered":"Mortgage Demand Drops for Second Week in US"},"content":{"rendered":"\n<p>Mortgage applications for home purchases fell for the second consecutive week, down 1% from the previous week<\/p>\n\n\n\n<p>Refinancing Demand decreased by 1% for the week, but 74% higher than a year ago. Mortgage applications for homebuyers have been declining over the past two months, even as mortgage rates drop.<\/p>\n\n\n\n<p>The refinancing request has been high for a long time with lenders not offering the best rates for those applications, the rates have been below 3.5 since March and many borrowers have refinanced already.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage applications for home purchases fell for the second consecutive week, down 1% from the previous week Refinancing Demand decreased by 1% for the week, but 74% higher than a year ago. Mortgage applications for homebuyers have been declining over the past two months, even as mortgage rates drop. The refinancing request has been high &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30578,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,49,36],"tags":[6855],"class_list":["post-30577","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-economic-reports","category-market-updates","tag-mortgage-demand"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=30577"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30577\/revisions"}],"predecessor-version":[{"id":30615,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30577\/revisions\/30615"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30578"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=30577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=30577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=30577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}