New-home purchase applications dip slightly

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The average loan amount for new home purchase applications fell slightly to its lowest level since November 2018, as home price growth continued to slow in many markets and purchase transactions have shifted away from the higher end of the price spectrum."

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Mortgage Rates Dip; New Home Sales Up Amid Starter Home Shortages. Mortgage rates reversed their upward climb by falling slightly for the first time in four weeks.. Purchase applications. sells $65 million in commercial assets Obama to renew push for wider mortgage refinance plan Revamped plan helps ‘underwater’ homeowners get lower-interest financing. A. Not a new one, but a revamped one. In October, President Obama announced the overhaul of the home affordable refinance program, which hadn’t helped nearly as many homeowners as the government predicted. See also: 10 steps to get you ready for retirement.American International Group Inc., the insurer selling assets to repay a U.S. bailout, posted its first profit in three quarters on gains from divestitures. for the Chartis division, which sells.

A Resource For Home Buyers.. New home purchase numbers may spike amid dip in mortgage rates. June 21, 2013.. While data from the Mortgage Bankers Association indicated a slowdown in mortgage refinance applications, Bernanke believes rising mortgage rates will not negatively impact the.

WASHINGTON (Reuters) – New home sales slumped to the slowest pace on record. An unemployment rate of 9.5 percent is also depressing housing activity. Mortgage purchase applications rose only 0.6.

New Home Sales; Existing Home Sales. Pre-Holiday Mortgage Applications Dip Slightly, Rates Flat. Purchase mortgage activity gained 1.0 percent on a seasonally adjusted basis heading into the.

Lawrence Yun, NAR chief economist, said the sales dip has yet to account for some of the. compared to the recent strength we have seen in new home sales and purchase application data. Purchase.

new home sales continue to be most consistent with purchase mortgage applications, which most recently (Thursday morning) were up 10% YoY (h/t Bill McBride): Because of the volatility of new home.

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Applications to buy. dip. Granted, this leg down in housing is likely to be tame, with single-digit price declines widely expected after a period of stability induced by the tax incentives..

Rents Dip (Slightly), Notes Yardi. Rents decreased $1 to $1,420 in October 2018, a second straight month of decline. The 3.3% year-over-year rent growth for the month was unchanged from September, according to a survey of 127 markets from Yardi Matrix.. February New Home Purchase Mortgage.

Mortgage Applications Indicate July Dip in New Home Sales .. Applications for the purchase of newly constructed homes fell off slightly in July, a decline that the Mortgage Bankers Association.