MBA: New home purchase applications slip back down

MBA NewsLink Staff May 16, 2019 The Mortgage Bankers Association Builder Applications Survey reported mortgage applications for new home purchases increased by 15.6 percent in April from a year ago and by 3 percent from March. The changes do not include any adjustment for typical seasonal patterns.

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After Chilly Winter, Homebuilders To Share Earnings With High Hopes Ahead – Remember that housing starts tumbled 8.7% in February, and building permits were down 1.6% as well. as shown by the solid 7% growth in new home purchase applications in March,” Mike Fratantoni, MBA.

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MBA: New Home Purchase Apps Dropped 6.1% in December. The Mortgage Bankers Association Builder Application Survey data for December 2018 shows mortgage applications for new home purchases decreased 6.1 percent from a year ago. Compared to November 2018, applications decreased by 13 percent.

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The Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey bounced back for the week ending May 3 after consecutive declines in late April.

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The MBA released its new home purchase mortgage application figures for December: Mortgage applications for new home purchases fell by 6.1% year-on-year, while down by 13% compared with November.

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