Sentences with phrase «home purchase applications»

The decline in home purchase applications was likely due to the expiration of the $ 8,000 home - buyer tax credit on April 30th.

According to mortgage investing giant Freddie Mac, fewer mortgage delinquencies, paired with stronger home purchase applications and a growing economy point to a favorable year for housing.

The Mortgage Bankers Association reported in its latest Weekly Mortgage Applications Survey that its index for home purchase applications is up 5 percent from a year ago «indicating that this spring is on track for a modest expansion in purchase mortgage activity,» Kiefer adds.

New home purchase applications decreased 2.6 % year - over-year according to the Mortgage Bankers Association.

Home purchase applications rose this week while refinance applications fell, following positive job market numbers.

The MiMi measures the stability of the nation's housing market by comparing its long - term stable range to current ratios in home purchase applications, debt - to - income ratios, on - time mortgage payments, and employment.

Home purchase applications are now nearly 13 percent higher than a year ago.