Average Mortgage Amounts Top $423,000 (Record High) for New Home Purchases
Posted By Scott Vansant @ Jan 24th 2022 1:54pm
Average Mortgage Amounts Top $423,000 (Record High) for New Home Purchases according to December 2021 data from the Mortgage Bankers Association (MBA). The December 2021 MBA Builder Application Survey (BAS) data indicated that the average loan size set another survey record at $423,102.
Mortgage Bankers Association (MBA) is a leading advocate for the real estate finance industry and is the only association representing all segments of the real estate finance industry.
MBA's Builder Application Survey (BAS) tracks application volume from mortgage subsidiaries of home builders across the country.
For more information visit Mortgage Bankers Association.
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