MBA: March Median Mortgage Application Payment Jumps 5% to $1,736
Homebuyer affordability declined in March, with the national median payment applied for by applicants rising 5 percent to $1,736 from $1,653 in February, the Mortgage Bankers Association reported Thursday.
At MBA National Advocacy Conference, Finding Common Ground
WASHINGTON—One could easily conclude that the political climate here in the Nation’s Capital is permanently broken—divided by polarized ideologies, entrenched leadership and an inability to compromise on the simplest of issues. But appearances can be deceiving.
Pending Home Sales Down 5th Straight Month
Pending home sales fell by 1.2 percent in March, marking the fifth consecutive monthly decrease, the National Association of Realtors reported Wednesday.
ATTOM: 1Q Home Sales, Seller Profits Decline
ATTOM, Irvine, Calif., said profit margins on median-priced single-family home sales across the United States dipped to 47.2 percent in the first quarter – the first quarterly decline since late 2019 and the largest in a decade.
