MBA: New home purchase applications slip back down

The MBA released its new home purchase mortgage application figures for December: Mortgage applications for new home purchases fell by 6.1% year-on-year, while down by 13% compared with November.

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View the latest mortgage applications data with charts for composite, A trend of declining purchase applications implies home buyer demand is shrinking.. MBA Betting on New Home Sales Surge.

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March new home purchase applications down 14 percent from February and 2.6 percent year-on-year. The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2018 shows mortgage applications for new home purchases decreased 2.6 percent compared to March 2017.

MBA NewsLink Staff May 16, 2019 The Mortgage Bankers Association Builder Applications Survey reported mortgage applications for new home purchases increased by 15.6 percent in April from a year ago and by 3 percent from March. The changes do not include any adjustment for typical seasonal patterns.

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New Home Sales Down, Prices and Mortgage Apps Up.. purchase applications increased two percent over the prior week but were still four percent lower than two weeks ago-a sign that both the jump in mortgage rates and tight inventory continue to hold back application activity. Mortgage rates.

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NEW YORK (Reuters) – Applications for U.S. mortgages stabilized at. the most widely held type of U.S. home loans, averaged 4.39 percent, down from the prior week’s 4.45 percent which was the.

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