Category: Migration

New Home Purchase Mortgage Applications Decrease in January

The Mortgage Bankers Association‘s (MBA) Builder Application Survey (BAS) data for January 2023 shows that mortgage applications for new home purchases decreased 3.5% compared to a year ago. Compared to December 2022, applications increased by 42%. This change does not include any adjustment for… Read more »

Mortgage Monitor: Prices Offset by Stagnant Levels of Inventory

The latest Mortgage Monitor Report published by Black Knight’s Data and Analytics division revealed that despite home price correction occurring in many markets nationwide, the pace of declines has slowed… Read more »

Future of remote work unclear, according to NAR

Since the pandemic caused many employers to shift employees to remote work – some indefinitely – homeowners have left cramped spaces in large cities and retreated to more suburban and… Read more »