Tariff war also helped fuel drop in builder confidence to lowest level since December 2022
Stable rates and rising inventory fuel 18% annual jump in purchase applications
Report shows increasing distress despite levels remaining below historical norms
Report suggests market recovery may be hindered by lower GSE-backed mortgage availability
While buyers continue to hesitate, opportunities exist for brokers to help borrowers in other ways
Mortgage delinquency rates rise on VA loans as safety net expires