Posts Tagged ‘construction’
Spring housing market forecast: record purchase volume
MBA says a meaningful jump in the supply of newly built homes will be key. The sun is shining as I write this today and the forecast is for warmer weather. While others might think of restarting outdoor activities or working in the garden, our industry is gearing up for a strong spring housing market…
Read MoreDecember New Home Purchase Mortgage Applications Up 42% From Year Ago
The Mortgage Bankers Association’s Builder Application Survey data for December shows mortgage applications for new home purchases edged up by just 0.2 percent from November but improved by 42.2 percent from a year ago. The survey does not include any adjustment for typical seasonal patterns. By product type, conventional loans composed 73.3 percent of loan…
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