The Mortgage Bankers Association noted that economic uncertainty and higher mortgage rates are currently impacting the market for new home purchase applications.
4 reports, 3 independent
Updated Aug 5
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Reached 2 outlets in its first 24 hours
- Reports
- 4
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- Repetition
- 75%
New informationRepeats or wire copies
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What happened
The Mortgage Bankers Association noted that economic uncertainty and higher mortgage rates are currently impacting the market for new home purchase applications.
How it developed
Newest first. Tap a step to see who reported it.- Century Communities is facing market headwinds due to elevated mortgage rates, affordability constraints, economic uncertainty, and lower consumer confidence.Sub-event
MBA warns of market slowdown due to economic uncertainty and rising mortgage rates.1 source
Coverage
Newest first; wire copies grouped- housingwire.com
- housingwireNew-home purchase applications slip 2.4% year over year in April
- housingwireMortgage demand drops despite slightly lower rates
- scotsman_guideFannie Mae predicts little change in mortgage rates for a very long time - Scotsman Guide