New Home Purchase Mortgage Applications in U.S. Increase 5.1 Percent Annually
Mortgage Bankers Association Builder Applications Survey | August 22, 2017
According to the Mortgage Bankers Association Builder Applications Survey for July 2017, U.S. mortgage applications for new home purchases increased 5.1 percent compared to July 2016. Compared to June 2017, applications decreased by 12 percent. This change does not include any adjustment for typical seasonal patterns.