fha mortgage loans, local mortgage broker, midwest family lending

(515) 252-7107


Mortgage Industry News

« Return to Mortgage Industry News

New Home Sales Up 3% YoY

Tuesday, March 13, 2018

New home sales are projected to have increased again in February.  The Mortgage Bankers Association (MBA) said that based on its Builder Applications Survey (BAS) it anticipates those sales grew 4.6 percent compared to January and were 3 percent higher on a year-over-year basis. These numbers do not include any adjustment for typical seasonal patterns. When seasonally adjusted, the February estimate is down from 700,000 in January, a decrease of 9.7 percent. On an unadjusted basis MBA estimates there were 55,000 new homes sold during the month. This is an increase of 1.9 percent from 54,000 new home sales in January.


Read Full Article


"Josh made the process super easy and stress free. The office is about an hour away from me but I didn’t have to drive there once and was able to do everything over the phone or email with ease and I still felt like I was getting the same service if I had been working with Josh in person which was fantastic!"
Nicole W.