美国抵押贷款利率可能在2027年之前保持在7%以上。主要住房团体预计，抵押贷款利率将长期维持高位，使得想要购房的美国人贷款购房成本高昂。房利美预测，2027年抵押贷款利率可能平均达到7.5%，而抵押银行家协会预计，该年利率将保持在7%以上。
US mortgage rates may remain above 7% through 2027. Major housing groups expect mortgage rates to stay high for an extended period, making home loans expensive for Americans who want to buy houses. Fannie Mae forecasts that mortgage rates could average 7.5% in 2027, while the Mortgage Bankers Association expects rates to remain above 7% that year.
10年期美国国债收益率在抵押贷款利率中起着重要作用。抵押贷款利率通常与10年期国债收益率同步变动。高通胀是借贷成本可能维持高位的主要原因之一。据CNBC报道，当通胀保持高位时，投资者通常要求长期债券提供更高回报。
The 10-year US Treasury yield plays a major role in mortgage rates. Mortgage rates generally move in line with the yield on 10-year Treasury bonds. High inflation is one of the main reasons borrowing costs could stay elevated. When inflation remains high, investors usually demand higher returns on long-term bonds, according to CNBC.
高通胀可能使抵押贷款利率维持在7%以上。美国通胀已多年高于美联储的目标。然而，根据美联储的数据，该指数自2021年2月以来就未曾录得低于该目标的通胀。据CNBC引述，持续的通胀可能使长期借贷成本更难下降。
High inflation may keep mortgage rates above 7%US inflation has remained above the Federal Reserve's target for years. However, the index has not recorded inflation below that target since February 2021, according to the Federal Reserve's data. Persistent inflation could make it harder for long-term borrowing costs to fall, cited by CNBC.
美国政府大量举债正在给借贷成本增加压力。联邦政府正在大量借款。
Heavy US government borrowing is adding pressure to borrowing costs. The federal government is borrowing large amounts of money.
苹果、英伟达及其他超大盘股拖累标普500指数下跌，AI支出担忧令市场承压。人工智能热潮正在增加资金需求。据CNBC报道，AI的快速发展正在导致数据中心、发电及其他基础设施领域的大规模私人投资。
Apple, Nvidia and other megacap stocks drag S&P 500 lower as AI spending fears weigh on marketsThe artificial intelligence boom is increasing demand for money. The rapid growth of AI is leading to huge private investments in data centres, electricity generation and other infrastructure, according to CNBC.
美联储政策和经济疲软可能降低利率。经济已从资本充裕时期转变为资金竞争加剧时期。塞尔玛·赫普表示，2010年代可用资本多于投资机会。低通胀、储蓄充裕以及对资金需求相对疲软，帮助那段时期抵押贷款利率保持低位。
Fed policy and a weaker economy could lower ratesThe economy has changed from a period of plentiful capital to one of greater competition for funds. Selma Hepp said the 2010s had more available capital than investment opportunities. Low inflation, abundant savings and relatively weak demand for money helped keep mortgage rates low during that period.
CNBC指出，如今政府的大规模借贷以及对人工智能基础设施的大额投资，正在加剧对资本的竞争。美联储不再向抵押贷款市场提供同等程度的支持。央行已不再积极购买抵押贷款支持证券，从而撤除了疫情期间帮助压低借贷成本的一项支持来源。经济走弱也可能导致抵押贷款利率下降。如果经济状况恶化，投资者可能会将资金转入美国国债，因为国债被视为相对安全的投资。
Today, heavy government borrowing and large investments in AI infrastructure are creating greater competition for capital, according to CNBC. The Fed is no longer providing the same level of support to the mortgage market. The central bank has stepped away from actively buying mortgage-backed securities, removing one source of support that helped keep borrowing costs low during the pandemic.A weaker economy could also lead to lower mortgage rates. If economic conditions weaken, investors may move their money into US Treasury bonds because they are considered relatively safe investments.