Mortgage payment amounts surged 39% in 2022
Despite the significant annual increase, home buyers saw signs of affordability returning in the latter months of the year.
Source: nationalmortgagenews.com
Page 4 - Builder Application News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Builder Application. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Builder Application Today - Breaking & Trending Today
Homebuilder sentiment takes another hit as new-home sales dip
New-home mortgage applications fell 13.2% on an annual basis, while average purchase sizes declined for the fifth straight month.
Source: nationalmortgagenews.com
MBA promotes Joel Kan and Heather Messam
The MBA promoted Joel Kan to vice president and deputy chief economist, and Heather Messam to vice president and controller.
Source: housingwire.com
Applications To Buy New Homes Fell 10% In August YOY
Mortgage applications to buy new homes decreased 10.1% in August from a year earlier, according to the latest monthly Builder Application Survey (BAS) by the Mortgage Bankers Association (MBA).
Source: nationalmortgageprofessional.com
New-home sales fall, reflecting broader industry trends
Activity is coming in at or below 2020 levels according to reports from the Mortgage Bankers Association and Redfin.
Source: nationalmortgagenews.com