The Housing Chronicles Blog: July applications for new home mortgages rose 5.1 percent year-on-year

Thursday, August 10, 2017

July applications for new home mortgages rose 5.1 percent year-on-year

The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for July 2017 shows 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.

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