New Home Purchase Mortgage Applications Declined in April

Mortgage applications for new home purchases fell by 2.4% year-over-year and dropped 10% month-over-month in April, according to the Mortgage Bankers Association (MBA). The decline is attributed to ongoing economic uncertainty and higher mortgage rates.

By Colleen Cabili Thu, May 21, 2026 at 4:40 PM GMT+3 2 min read · Yahoo Finance · May 21, 2026, 13:40 UTC

New Home Purchase Mortgage Applications Declined in April

Topics: housing market trends mortgage applications new home purchases

Read the full article at Yahoo Finance

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