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New home purchase mortgage demand rises 2.5% in December

Mortgage applications for new home purchases rose 2.5% in December 2025 from a year earlier, according to data released Thursday in the Mortgage Bankers Association (MBA)’s Builder Application Survey.

Applications fell 3% compared to November 2025 without any seasonal adjustment.

“December purchase activity for newly built homes continued to run stronger than last year, despite cooling slightly from the prior month,” Joel Kan, MBA vice president and deputy chief economist, said in a statement. “New homes remain a viable option for many homebuyers given that there is a relatively large number of new homes available for sale, which has details ⇒

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