New Home Mortgage Applications for United States
M0264AUSM500NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
712.00
Year-over-Year Change
9.37%
Date Range
1/1/1938 - 12/1/1941
Summary
The New Home Mortgage Applications for United States measures the volume of mortgage applications for new home purchases. This key indicator provides insight into housing market trends and consumer demand.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the number of mortgage applications filed for the purchase of new residential properties in the United States. It serves as an early indicator of housing market activity and helps economists and policymakers assess the strength of consumer demand for new homes.
Methodology
The data is collected and reported weekly by the Mortgage Bankers Association based on a national survey of mortgage lenders.
Historical Context
Trends in new home mortgage applications are closely watched by the Federal Reserve, housing industry analysts, and investors for signals about the health of the broader economy.
Key Facts
- New home mortgage applications are a leading indicator of housing market activity.
- The series is reported weekly by the Mortgage Bankers Association.
- Trends in new home mortgage applications help signal the strength of consumer demand.
FAQs
Q: What does this economic trend measure?
A: The New Home Mortgage Applications for United States series tracks the volume of mortgage applications filed for the purchase of new residential properties.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into housing market trends and consumer demand, which are closely watched by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected and reported weekly by the Mortgage Bankers Association based on a national survey of mortgage lenders.
Q: How is this trend used in economic policy?
A: Trends in new home mortgage applications are closely monitored by the Federal Reserve and other policymakers as a signal of the health of the broader economy.
Q: Are there update delays or limitations?
A: The new home mortgage applications data is reported on a weekly basis with minimal delay, providing timely insights into the housing market.
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Citation
U.S. Federal Reserve, New Home Mortgage Applications for United States (M0264AUSM500NNBR), retrieved from FRED.