June New Home Purchase Mortgage Applications Increase 26.1 Percent
The Mortgage Bankers Association Builder Application Survey data for June 2023 shows mortgage applications for new home purchases increased 26.1 percent compared from a year ago.
MBA Commends Senate Passage of Tribal Trust Land Homeownership Act of 2023
The U.S. Senate on Tuesday passed the Tribal Trust Land Homeownership Act of 2023 by unanimous consent. The Mortgage Bankers Association commended the passage.
Housing Starts Down in June
Housing starts fell by 8% from May to June, the Census Bureau and Department of Housing and Urban Development jointly reported Wednesday. June’s starts were at a seasonally adjusted annual rate of 1,434,000, compared with May’s revised 1,559,000.
