Existing home sales increased in June, the first monthly increase in five months, the National Association of Realtors reported Thursday.
Tag: Joel Kan
MBA Weekly Applications Survey July 21, 2021: Apps Decrease
Mortgage applications decreased 4.0 percent from one week earlier, the Mortgage Bankers Association reported in its Weekly Applications Survey for the week ending July 16. The previous week’s results included an adjustment for the Fourth of July holiday.
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.
June Mortgage Credit Availability Down 8.5%
Mortgage credit availability decreased in June to its lowest level since September, the Mortgage Bankers Association reported Thursday.
June Mortgage Credit Availability Down 8.5%
Mortgage credit availability decreased in June to its lowest level since September, the Mortgage Bankers Association reported Thursday.
MBA Weekly Applications Survey July 4, 2021: Apps Rebound Strongly
Mortgage applications bounced back last week after two straight weeks of steady decline as interest rates fell sharply, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending July 9.
MBA Weekly Applications Survey July 4, 2021: Apps Rebound Strongly
Mortgage applications bounced back last week after two straight weeks of steady decline as interest rates fell sharply, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending July 9.
MBA Weekly Applications Survey July 7, 2021: Apps Dip Again to Pre-Pandemic Low
Mortgage applications fell again last week, the Mortgage Bankers Association reported Wednesday—not as sharply as they did the previous week, but enough to their lowest level since before the coronavirus pandemic.
MBA Weekly Applications Survey July 7, 2021: Apps Dip Again to Pre-Pandemic Low
Mortgage applications fell again last week, the Mortgage Bankers Association reported Wednesday—not as sharply as they did the previous week, but enough to their lowest level since before the coronavirus pandemic.