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December New Home Purchase Mortgage Applications Increase 7.8 Percent Year Over Year
January 12, 2018
WASHINGTON, Jan. 12 -- The Mortgage Bankers Association issued the following news release:

The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for December 2017 shows mortgage applications for new home purchases increased 7.8 percent compared to December 2016. Compared to November 2017, applications decreased by 18 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.

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