New Home Mortgage Applications Up 4.4% Annually In August
Applications remained unchanged from July, but estimated new home sales increased almost 15% over the month, said the MBA.
Applications remained unchanged from July, but estimated new home sales increased almost 15% over the month, said the MBA.
Compared to March 2024, applications increased by 2%.
Mortgage applications for new home purchases increased 6.2% year-over-year, but only 1% month-over-month.