The Mortgage Bankers Association Builder Application Survey (BAS) data for July 2023 shows mortgage applications for new home purchases increased 35.5% compared from a year ago. Compared to June 2023, applications increased by 0.2%. This change does not include any adjustment for typical seasonal patterns.
Tag: MBA Builders' Purchase Applications Payment Index
MBA Chart of the Week, Jan. 27, 2023: Monthly Principal, Interest Payments
In Thursday’s MBA Purchase Applications Payment Index (PAPI) release, MBA Research introduced a new measure—The Builders’ Purchase Applications Payment Index (BPAPI).