Although 15-year and 30-year mortgage rates are fixed, and tied to Treasury yields and the economy, anyone shopping for a new home has lost considerable purchasing power, partly because of inflation and the Fed's policy moves.
The decision keeps the main borrowing cost for commercial banks in the United Kingdom at 5.25% — still the highest level since February 2008 following the longest-running series of successive increases in benchmark interest rates in at least a century.
According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data, residential construction input prices rose 1.5% in August 2023 compared to the previous month.
National single-family rent growth across those tiers, and the year-over-year changes, were as follows:
8月底全體貨幣機構放款與投資月增率(以成本計價)為0.53%，較上月底為低；年增率亦由上月底之6.34%下降為5.99%，主要係因銀行對民間部門及公營事業債權成長減緩。若包括人壽保險公司放款與投資，並加計全體貨幣機構轉列之催收款及轉銷呆帳金額，則調整後全體金融機構放款與投資年增率為4.98%，低於上月底之5.35%。
本年8月本國五大銀行(台銀、合庫銀、土銀、華銀及一銀)新承做放款加權平均利率為1.950％，較7月的1.898％上升0.052個百分點，主要係因部分銀行承做利率較低的大額公民營企業貸款金額減少，使週轉金貸款利率較7月上升所致。若不含國庫借款，則本年8月五大銀行新承做放款加權平均利率為1.962％，亦較7月的1.902％上升0.060個百分點。
Mortgage rates increased this week as investors come to grips with the possibility of the path to two percent core inflation potentially taking longer than previously expected.
The Federal Open Market Committee (FOMC) is still concerned with stubbornly high core inflation. In his statement, Fed Chair Powell left the door open for future rate increases, suggesting the committee will assess new data on a meeting-by-meeting basis to determine whether the current fed funds rate is sufficiently restrictive.
