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New-home purchase applications dip slightly

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April new home mortgage applications up 7.5 from March, rates dip slightly.. with purchase loans down 0.2 percent and refinances falling 1.0 percent.

New Home Purchase Mortgage Applications in U.S. Dip in May.. The Mortgage Bankers Association latest Builder Application Survey for June 2019 shows U.S. mortgage applications for new home purchases increased 17.9 percent compared from a year ago.

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Mortgage applications decreased 2.6 percent from one week earlier, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 27, 2018. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.6 percent on a seasonally adjusted basis from one week earlier.

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By Jann Swanson Posted To: MND NewsWire Applications for the purchase of newly constructed homes fell off slightly in July, a decline that the Mortgage Bankers Association (MBA) said was in line with the slowdown observed in the overall purchase mortgage market. MBA’s Builder Application Survey (BAS) showed a 4 percent decrease in new home.

WASHINGTON, D.C. (July 11, 2019) – The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2019 shows mortgage applications for new home purchases increased 17.9 percent compared from a year ago. Compared to May 2019, applications decreased by 14 percent. This change does not include any adjustment for typical seasonal patterns.

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