More mortgage applications from first-time homebuyers in April than the previous 5 years
7 months, 3 weeks ago

More mortgage applications from first-time homebuyers in April than the previous 5 years

NL Times  

The number of first-time homebuyers that applied for a mortgage in April was the highest it has been in five years, mortgage data firm HDN reported. Around 14,500 first-time buyers applied for a mortgage in the Netherlands last month, an increase of 21 percent compared to April 2023, when just under 12,000 applied. The mortgage market had a strong recovery last month compared to 2023, according to the organization, which says it processes the majority of mortgage applications in the country. “If we look at the number of mortgage applications in April over the past five years, we see a strong recovery of the market compared to 2023.

Market Mortgage Five Years Month Compared Mortgage Applications Hdn  2023  applied  firsttime  market  mortgage  month  compared  applications  number  homebuyers  hdn  previous

History of this topic

Mortgage approvals to home buyers reach highest level since summer 2022
3 weeks, 4 days ago

Mortgage approvals to home buyers reach highest level since summer 2022

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Homes that are well priced and well presented are …

Number of mortgage approvals jumps to highest level since September 2022 up from 60,500 in February to 61,300 in March
7 months, 3 weeks ago

Number of mortgage approvals jumps to highest level since September 2022 up from 60,500 in February to 61,300 in March

Daily Mail  

The number of mortgage approvals made to home buyers jumped in March to the highest level since September 2022, according to Bank of England figures. The number of mortgage approvals made to home buyers jumped in March to the highest level since September 2022, according to Bank of England figures In the financial year 2023-24, around 999,460 home sales took …

Almost 30 percent fewer mortgage applications in 2023 than a year ago
11 months, 2 weeks ago

Almost 30 percent fewer mortgage applications in 2023 than a year ago

NL Times  

There was a 30 percent decrease in mortgage applications last year compared to 2022. The number of mortgage applications on the buyers' market was almost 8 percent lower than in 2022. According to HDN director Reinier van der Heijden, this has to do with the "unruly start" of the year. According to HDN, this is partly due to the number …

Mortgage applications dropped by half in February
1 year, 9 months ago

Mortgage applications dropped by half in February

NL Times  

Netherlands residents applied for half as many mortgages in February as in the same month last year, mortgage adviser De Hypotheker reported. In February 2022, demand for new mortgages reached a record high because many people wanted to refinance their mortgages, given looming interest rate hikes. “Although they take into account the still high house prices and higher interest rates, …

Mortgage applications drop to 28-year low as rates climb
1 year, 9 months ago

Mortgage applications drop to 28-year low as rates climb

CNN  

Washington, DC CNN — Applications for a mortgage fell for the third week in a row and now sit at a 28-year low for the second-straight week, according to data released Wednesday. With mortgage rates half a percentage point higher over the past month, home buyers are pulling back even as the spring home buying season should be heating up. …

More people under 30 applying for mortgages
1 year, 10 months ago

More people under 30 applying for mortgages

NL Times  

There was a sharp increase in young people under 30 applying for mortgages last month compared to January 2022. In relation to all mortgage applications, the proportion of young adults applying last month increased significantly. “Young home buyers are gradually getting a foot in the door as a result.” Many young people still couldn't buy a home because the average …

Mortgage applications dropped by half in 4th quarter; Fewer homes sold
1 year, 11 months ago

Mortgage applications dropped by half in 4th quarter; Fewer homes sold

NL Times  

The total number of mortgage applications in the fourth quarter almost halved compared to the same period a year ago. According to De Hypotheker, a chain of mortgage advisers, the total number of mortgage applications fell by 45 percent last quarter. Throughout 2022, the total number of mortgage applications fell by 6 percent compared to a year earlier. Fewer homes …

Explosive increase in mortgage applications as interest rates rise
2 years, 8 months ago

Explosive increase in mortgage applications as interest rates rise

NL Times  

The number of mortgage applications increased explosively in the first quarter of this year, compared to the same period in 2021. The increase was entirely due to applications for refinancing an existing mortgage as homeowners try to stay ahead of rising interest rates, De Hyphotheker and Hypotheken Data Netwerk found in their separate figures. This has been rising since January, …

Low-interest rates cause mortgage applications to rise
3 years, 9 months ago

Low-interest rates cause mortgage applications to rise

NL Times  

Mortgage applications rose by more than ten percent in the February compared to the same month last year, the Mortgage Data Network reports. The average mortgage sum of this group was 252 thousand euros compared to 234 thousand in the same month last year. Recently, interest rates have been at an all time low, with the average interest rate for …

Record number of mortgage applications in Netherlands last year
3 years, 11 months ago

Record number of mortgage applications in Netherlands last year

NL Times  

Over 500 thousand mortgage applications were submitted in the Netherlands last year, an increase of almost 25 percent compared to 2019, which was already a record year, Hypotheken Data Netwerk reported on Thursday. Most applications were for the purchase of a new home, but refinancing or taking out a second mortgage also skyrocketed seeing increases up to 50 percent, HDN …

Mortgage applications skyrocketed in December
3 years, 11 months ago

Mortgage applications skyrocketed in December

NL Times  

The number of mortgage applications was significantly higher last month than it usually is in December. In the last month of 2020, 40,458 mortgages were taken out, well above the average of the December months in the previous four years, which was 30,015. It comes as no surprise that more mortgages were applied for last December, says HDN director Reinier …

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