Mortgage Demand for New Homes Evaporates in May

Scotsman Guide, June 17, 2025-Luke BaynesThe market for newly built homes cooled again in May following April’s thaw, the Mortgage Bankers Association revealed Tuesday.Click here for more

May New Home Purchase Mortgage Applications Decreased 4.5%

The Mortgage Bankers Association’s Builder Application Survey for May 2025 shows mortgage applications for new home purchases decreased 4.5% compared to a year ago. Compared to April 2025, applications decreased by 9%.

MBA: May New Home Purchase Mortgage Applications Increased 13.8%

The Mortgage Bankers Association Builder Application Survey data for May 2024 shows mortgage applications for new home purchases increased 13.8% compared to a year ago. Compared to April 2024, applications increased by 1%.

MBA: December New Home Purchase Mortgage Applications Increased 22.2%

The Mortgage Bankers Association Builder Application Survey data for December 2023 shows mortgage applications for new home purchases increased 22.2% compared from a year ago. Compared to November 2023, applications decreased by 4%. This change does not include any adjustment for typical seasonal patterns.