Mortgage Demand Soars As Fed Interest Rate Cut Fuels Housing Market Revival: 'Next Spring Could See A Real Rebound'
Mortgage Demand Soars As Fed Interest Rate Cut Fuels Housing Market Revival: 'Next Spring Could See A Real Rebound'
The spike in demand has closely followed the broader trend in benchmark mortgage rates. The average rate on a 30-year fixed — often the go-to option for American homebuyers — fell to a two-year low of 6.13%.American homeowners and prospective buyers had been biding their time, waiting for a decisive move from the Federal Reserve to reignite the mortgage market.
美國的房主和潛在買家一直在等待聯儲局做出決定性舉措，以重振抵押貸款市場。
That moment came on Sept. 18, when the Fed's large and unexpected 50-basis-point rate cut—bringing the target range to 4.75%-5%—opened the floodgates for mortgage refinancing and home purchases.
那個時刻出現在9月18日，當聯儲局大幅意外減息50個點子，將目標利率區間降至4.75%-5%，打開了抵押再融資和購房的閘門。
According to the Mortgage Bankers Association (MBA), applications jumped 11% in the week ending Sept. 20, building on the previous week's 14.2% surge and pushing activity to its highest level since June 2022.
根據抵押貸款銀行家協會（MBA）的數據，在截至9月20日的一週內，申請量大幅增長了11%，延續了上週14.2%的激增，並推動了活動量達到2022年6月以來的最高水平。
The spike in demand has closely followed the broader trend in benchmark mortgage rates. The average rate on a 30-year fixed — often the go-to option for American homebuyers — fell to a two-year low of 6.13%.
需求激增緊隨基準抵押貸款利率的整體趨勢。30年期固定利率貸款的平均利率（通常是美國買家首選）跌至6.13%的兩年低位。
Refinancing Boom: Time To Seize Mortgage Moment
再融資繁榮：抓住抵押貸款時機
The surge of activity was particularly elevated in refinancing, which had been dormant amid years of high borrowing costs.
活動激增尤其在再融資中高企，這一領域在多年高借貸成本的困境中一直處於沉寂狀態。
Refinancing applications soared by 20% last week, as homeowners moved quickly to lock in lower rates and cut their monthly mortgage payments.
上週再融資申請激增20%，房主們迅速採取行動鎖定更低的利率，降低每月的抵押貸款金額。
The refinance application index has rallied to levels last seen in late March 2022. Lower mortgage rates can directly translate into lower monthly payments for millions of Americans, making refinancing an appealing option. For example, a homeowner with a $300,000 loan at a 7% rate could save around $300 per month if they refinance into a 6% loan.
再融資申請指數已經大幅反彈至2022年3月底以來的水平。較低的抵押貸款利率可以直接轉化爲數百萬美國人的較低月供，使再融資成爲一種吸引人的選擇。例如，一個擁有70萬美元貸款並以7%利率還款的房主，如果再融資至6%利率，每月可節省大約300美元。
Historically, periods of falling interest rates have coincided with stronger home-buying activity, and this time appears to be no different.
歷史上，利率下降期往往與更強勁的購房活動同時發生，而這一次似乎也不例外。
"Mortgage rates likely had this cut — and this expected rate path — priced in, and lower mortgage rates, now close to 6%, have resulted in much more refinance and some additional purchase activity in recent weeks," said Mike Fratantoni, MBA's senior vice president and chief economist.
「房貸利率可能已經反應了這一減息措施，以及預期的利率路徑，目前接近6%的較低房貸利率已經導致了近幾周更多的再融資和一些額外的購房活動，」 MBA高級副總裁兼首席經濟學家邁克·弗蘭坦託尼（Mike Fratantoni）表示。
"If mortgage rates remain near these levels, it will support a stronger-than-typical fall housing market, and next spring could see a real rebound in activity," he added.
「如果房貸利率保持在這一水平附近，將有助於支撐一個比平時更強勁的秋季房地產市場，明年春季可能會看到活動的真正反彈，」他補充道。
The Vanguard Real Estate ETF (NYSE:VNQ), which tracks the broader real estate sector, was flat in premarket trading following the news. Similarly, the iShares Residential and Multisector Real Estate ETF (NYSE:REZ), which has more direct exposure to the housing market, held steady.
跟蹤更廣泛的房地產板塊的萬得（Vanguard）房地產信託指數etf-vanguard （VNQ）在消息發佈後的盤前交易中持平。同樣，跟房地產市場有更直接關聯的黑石（iShares）住宅及多板塊房地產etf（REZ）保持穩定。
Meanwhile, the VanEck Mortgage REIT Income ETF (NYSE:MORT) saw a slight uptick of 0.5%.
與此同時，萬得（VanEck）按揭房地產信託收入etf（MORT）看到0.5%的小幅上漲。
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Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。