MBA Builder Applications Survey Falls for 4th Straight Month

The Mortgage Bankers Association Builder Applications Survey reported mortgage applications for new home purchases in July fell by 16.1 percent from a year ago, marking the fourth consecutive monthly decrease.

MBA Builder Applications Survey Falls for 4th Straight Month

The Mortgage Bankers Association Builder Applications Survey reported mortgage applications for new home purchases in July fell by 16.1 percent from a year ago, marking the fourth consecutive monthly decrease.

Builder Confidence Reaches Inflection Point

Rapidly rising interest rates, combined with ongoing home price increases and higher construction costs, continue to take a toll on builder confidence and housing affordability, the National Association of Home Builders reported Monday.