The Mortgage Bankers Association’s Builder Application Survey for May 2023 shows mortgage applications for new home purchases increased 16.6 percent compared from a year ago.
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MBA: May New Home Purchase Mortgage Applications Increased 16.6%
The Mortgage Bankers Association’s Builder Application Survey for May 2023 shows mortgage applications for new home purchases increased 16.6 percent compared from a year ago.
June Purchase Mortgage Applications for New Homes Decreased 12%
Mortgage applications for new home purchases decreased 12 percent compared to a year ago, the Mortgage Bankers Association’s Builder Application Survey reported.
MBA: March Builder Applications Up 10% from February; Down 5% from Year Ago
Mortgage applications for new home purchases increased by 10 percent in March from February but fell by 5 percent from a year ago, the Mortgage Bankers Association reported Thursday in its Builder Applications Survey.
June New Home Purchase Mortgage Applications Decreased 23.8% Y-o-Y
Mortgage applications for new home purchases decreased 23.8 percent compared to a year ago, the Mortgage Bankers Association’s Builder Application Survey data said.
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“Homebuilders are encountering stronger headwinds of late as severe price increases for key building materials, rising regulatory costs and labor shortages impact their ability to raise production. This has dampened new home sales and quickened home-price growth.”
–Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.