New Home Purchase Apps Drop YoY

The MReport, March 1, 2022–Demetria Lester
According to the Mortgage Bankers Association’s Builder Application Survey, mortgage applications for new home purchases decreased 12.5% in January compared to January 2021. Compared to December 2021, applications increased overall by 10% month-over-month.
https://themreport.com/daily-dose/02-28-2022/new-home-purchase