Demand stalled in March for new-home purchases: MBA

Mortgage applications for new homes stalled in March as buyers felt the brunt of sustained home price growth. Compared to February 2024, mortgage applications for new-home purchases rose 1% in March. Applications were up 6.2% from March 2023, according to the Mortgage Bankers Association’s (MBA) Builder Application Survey. According to MBA estimates, new single-family home [...]read moreDemand stalled in March for new-home purchases: MBA