MBA Reports Median Mortgage Application Payments Rose Slightly in May

MortgageOrb, June 22, 2022–Ariana Fine
Homebuyer affordability was mostly unchanged in May, with the national median payment applied for by applicants up slightly to $1,897 from $1,889 in April. This is according to the Mortgage Bankers Associationā€˜s Purchase Applications Payment Index.
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