Mortgage Application Payments Decreased in February, MBA Reports
Homebuyer affordability improved in February, with the national median payment applied for by purchase applicants decreasing to $2,061 from $2,070 in January. This is according to MBA's Purchase Applications Payment Index.
MAA Call to Action: Urge Congress to Refine and Improve H.R. 6644, as Amended in the Senate
Take action now to urge the U.S. House of Representatives to stand firm in their efforts to refine and improve the Senate’s comprehensive 21st Century ROAD to Housing Act, H.R. 6644, as amended.
Survey Finds Buyers Pay $32,000 in Additional Costs Above Down Payment
Best Interest Financial, St. Clair Shore, Mich., and Clever Real Estate, St. Louis, Mo., released a new survey finding that in addition to their down payment, buyers spent an average of $31,502 on upfront home-buying expenses.
MBA: Commercial, Multifamily Mortgage Debt Outstanding Increased to $4.99T in Fourth Quarter
The level of commercial and multifamily mortgage debt outstanding at the end of 2025 was $214 billion (4.5%) higher than at the end of 2024, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
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