{"id":43774,"date":"2014-04-25T22:55:14","date_gmt":"2014-04-25T22:55:14","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/wsj_front_page_demand_for_home_loans_plunges_to_14_year_low\/"},"modified":"2014-04-25T22:55:14","modified_gmt":"2014-04-25T22:55:14","slug":"wsj_front_page_demand_for_home_loans_plunges_to_14_year_low","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=43774","title":{"rendered":"(WSJ Front Page) Demand for Home Loans Plunges to 14 year low"},"content":{"rendered":"<p>Mortgage lending declined to the lowest level in 14 years in the first quarter as homeowners pulled back sharply from refinancing and house hunters showed little appetite for new loans, the latest sign of how rising interest rates have dented the housing recovery.<\/p>\n<p>Lenders originated $235 billion in mortgage loans during the January-March quarter, down 58% from the same period a year ago and down 23% from the fourth quarter of 2013, according to industry newsletter Inside Mortgage Finance.<\/p>\n<p>The decline shows how the mortgage market is experiencing its largest shift in more than a decade as an era of generally falling interest rates that began in 2000 appears to have run its course.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/news\/articles\/SB10001424052702304788404579522051733228402?mod=WSJ_hp_LEFTTopStories&#038;mg=reno64-wsj\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage lending declined to the lowest level in 14 years in the first quarter as homeowners pulled back sharply from refinancing and house hunters showed little appetite for new loans, the latest sign of how rising interest rates have dented<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=43774\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,175,149,168,600,593,596,34],"tags":[],"class_list":["post-43774","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-anthropology","category-economy","category-ethics-moral-theology","category-housingreal-estate-market","category-personal-finance","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-theology"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/43774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43774"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/43774\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}