缺乏房屋清单正在影响抵押贷款需求

Mortgage rates fell last week, but demand for home loans didn't move higher as a result. Other aspects of today's housing market are outweighing the benefit of lower mortgage rates right now, namely a lack of supply.

具有合格贷款余额（30 美元或更少）的 726,200 年期固定利率抵押贷款的平均合同利率从 6.40% 下降到 6.45%，下降 0.59% 的贷款点数从 0.62（包括启动费）下降到 20支付。 就在一个月前，这一比例还超过了 7%。

Mortgage applications to purchase a home, however, dropped 4% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Demand was 35% lower than the same week one year ago.

"Spring has arrived, but the housing market is missing the customary burst in listings and purchase activity that typically mark the season. After four weeks of increasing purchase application activity, volume declined a bit this week even with another small drop in mortgage rates," said Mike Fratantoni, MBA's chief economist.

New listings were down 20% year over year in March, according to Realtor.com, and total inventory was about half of what it was in March 2019, pre-冠状病毒病大流行.

"Although the mortgage rate for conforming balance loans declined by five basis points over the week to 6.40%, the mortgage rate for jumbo loans increased by nine basis points to 6.36%," added Fratantoni. "While we have seen relative weakness at the high end of the housing market in recent months, the divergence in rates suggests that banks may be tightening credit in response to recent challenges, preserving balance sheet capacity as deposit balances have declined."

大多数大额贷款都记在银行的资产负债表上。

由于低首付要求而受到低收入借款人青睐的联邦住房管理局和退伍军人事务部贷款的需求下降幅度大于传统贷款。 尽管首次购房者的需求强劲，而且随着千禧一代达到购买高峰期，负担能力目前仍然是一个挑战。

房屋贷款再融资申请也有所下降，本周下降 5%，比去年同期下降 59%。 抵押贷款活动的再融资份额从前一周的 28.6% 下降到申请总数的 29.1%。 利率比去年同期高出 150 个基点，因此现在能够从再融资中受益的借款人寥寥无几。