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Mortgage applications for new home purchases decreased 10.6% compared to a year ago, according to the latest Mortgage Bankers Association (MBA) Builder Application Survey (BAS) released this week. Compared to March 2022, applications decreased by 14%. This change does not include any adjustment for typical seasonal patterns, MBA stated.
Additional key findings:
Delta Media Group announces the launch of “Delta Pitch,” a new comparative market analysis tool that allows agents to create a complete CMA in as little as one click, the company says.
“Building a custom CMA has never been easier,” said Michael Minard, CEO and owner of Delta Media. “And because Delta Pitch fully integrates with our DeltaNET all-in-one platform, it will be easy to access for DeltaNET customers,” he added.