"New home sales declined for the second straight month in December, from 627,000 units to 552,000 units, as factors such as a volatile stock market and economic uncertainty, both here and abroad.
Airport trade body ACI Europe’s new report that passenger traffic growth at European airports slowed in the first half of 2019 to 4.3%-while freight traffic dropped by 3.5%-indicates.
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Although mortgage applications slightly increased last week, mounting economic tension continues to worry potential buyers, according to the Mortgage Bankers Association. "Coming out of the Memorial Day holiday, and likely impacted by the financial market volatility caused by the trade tensions, purchase application volume declined for the week," MBA Senior Vice President and Chief.
There’s another tough year ahead with mortgage originations expected to drop 25% to $900 billion in 2012, down from an estimated $1.2 trillion in 2011, says the Mortgage Bankers Associations (MBA), driven by a significant decline in refinance originations due to economic uncertainty and fewer eligible borrowers, and only slight increases in purchase originations.
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The entire market is represented by the Market Index which covers all mortgage applications during the week, whether for a purchase or to refinance. This page provides – United States MBA Mortgage Applications – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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MBA: economic uncertainty slows purchase application growth June 5, 2019 / in Uncategorized / by Lindsay Although mortgage applications increased slightly last week, mounting economic tension continues to worry buyers, according to the Mortgage Bankers Association.
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MBA: Economic uncertainty slows purchase application growth Although mortgage applications increased slightly last week, mounting economic tension continues to worry buyers, according to the Mortgage Bankers Association.
Will economic uncertainty resulting from the Trump administration’s policies and proposals derail the housing recovery? Although uncertainty related to the administration’s activities appears to be having at least some impact on capital markets, consumer confidence related to housing has, thus far, been unaffected, which bodes well for home sales and increased purchase volume in 2017.
Investors continued to show a preference for safer U.S. Treasuries, as concerns over U.S. and global economic growth, along with uncertainty over the current government shutdown, drove rates lower," said Joel Kan, MBA’s Associate Vice President of Economic and Industry Forecasting.
Lending MBA: Economic uncertainty slows purchase application growth Market Composite Index grows 1.5% from the previous week