New Home Purchase Mortgage Applications Surged in October

November 16, 2023 Demetria Lester

More home sellers are offering concessions to draw in buyers, in part fueling purchase activity, which jumped nearly 40% in October compared to a year ago. Read the full breakdown of data in the MBA’s latest Builder Application Survey.

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New Home Purchase Mortgage Applications Surged in October
New Home Purchase Mortgage Applications Surged in October

More home sellers are offering concessions to draw in buyers, in part fueling purchase activity, which jump...