News

Mortgage Application Activity Falls to the Lowest Level Since 2000 Amid Higher Rates and Recession Fears

Published on Aug 17, 2022.


The numbers: Housing market activity continues to slow, as declines in in purchase and refinance applications to push the Market Composite Index, a measure of mortgage loan application volume, lower, the Mortgage Bankers Association (MB…

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Home Building Fell Sharply in July as Costs Increased

Published on Aug 16, 2022.


House construction in the U.S. continued to slow in July, as high inflation and higher mortgage rates make it more expensive to build and buy property.


Housing starts in July fell 9.6% from the month before to a seasonally adjusted ann…

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