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Articles Recently Tagged: New Home Sales

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Mortgage Loan Application Volumes Drop

Mortgage loan application volumes to either purchase or refinance a home in the U.S. dropped 6.3 percent on a seasonally adjusted basis over the past week and were down 6 percent in the absolute, including a 7 percent drop in refinancing activity and a 5 percent drop in applications... Read More »

Purchase Mortgage Activity for New Homes in the U.S. Drops

While inventory levels hit a 13-year high in August, and were up over 30 percent on a year-over-year basis, mortgage application volumes to purchase new homes in the U.S. dropped 4 percent in September and were down over 16 percent on a year-over-year basis, according to the Mortgage Bankers... Read More »

Mortgage Loan Application Volumes Drop

Mortgage loan application volumes to either purchase or refinance a home in the U.S. dropped 6.9 percent on a seasonally adjusted basis over the past week and were down 7 percent in the absolute, according to the Mortgage Bankers Association. While the overall drop was driven by a 10... Read More »

Purchase Mortgage Activity in the U.S. Ticks Down

Overall mortgage loan application volumes to either purchase or refinance a home in the U.S. ticked down 1.1 percent on a seasonally adjusted basis over the past week, according to the Mortgage Bankers Association. And with a two (2) percent drop in purchase mortgage application volume in the absolute,... Read More »

New Home Inventory Up 32 Percent in the U.S., Sales Down

New Home Inventory Up 32 Percent in the U.S., Sales Down

While the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 1.5 percent in August to an annualized rate of 740,000 sales, the current pace of sales is over 24 percent lower than at the same time last year, down 25 percent since the start... Read More »

Purchase Mortgage Activity Down 17 Percent for New Homes

While purchase mortgage application volumes for new home purchases across the nation ticked up 9 percent from July to August, application volumes were down 17 percent on a year-over-year basis, according to the Mortgage Bankers Association and despite the fact that there were over 26 percent more new homes... Read More »

Purchase Mortgage Activity Continues to Drop in the U.S.

Mortgage loan application volumes to either purchase or refinance a home in the U.S. dropped another 3 percent over the past week, or a combined 1.9 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association. As such, purchase mortgage activity in the U.S. is back to... Read More »

New Home Inventory Up 26 Percent in the U.S., Sales Down

New Home Inventory Up 26 Percent in the U.S., Sales Down

While the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 1.0 percent in July to an annualized rate of 708,000 sales, the current pace of sales is over 27 percent lower than at the same time last year and down 29 percent since the... Read More »

Purchase Mortgage Activity in the U.S. Drops

Mortgage loan application volume in the U.S. dropped 4 percent over the past week, or 3.9 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association. While the drop was driven by a 5 percent decrease in refinancing activity, which was down 8 percent on a year-over-year... Read More »

Purchase Mortgage Activity in the U.S. Down 18 Percent YOY

Mortgage loan application volume in the U.S. slipped 2 percent over the past week according to the Mortgage Bankers Association, and that’s despite the benchmark 30-year mortgage rate having dropped back under 3 percent and the 15-year rate having hit a new all-time low. And in fact, with both... Read More »