Des Moines

Mortgage Credit Availability Dips in the U.S.

Based on a new report from the Mortgage Bankers Association, that analyzed data from ICE Mortgage Technology, U.S. mortgage credit availability decreased in July 2022.

U.S. Mortgage Applications Uptick in Late July

According to the latest Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending July 29, 2022, U.S. mortgage applications increased 1.2 percent from one week earlier.

Nonresidential Construction Spending Falls 0.5 Percent in the U.S.

According to the Associated Builders and Contractors trade association's analysis of data published by the U.S. Census Bureau, national nonresidential construction spending was down by 0.5% in June 2022.

Pending Home Sales in America Fall 8.6 Percent in June

According to the National Association of Realtors, pending home sales decreased in June 2022, following a slight increase in May 2022. All four major regions posted month-over-month and year-over-year pullbacks, the largest of which occurred in the West.

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