MBA: Mortgage Application Payments Decreased in June

Homebuyer affordability improved in June, with the national median payment applied for by purchase applicants decreasing to $2,172 from $2,211 in May, according to MBA’s Purchase Applications Payment Index.

Mortgage Application Payments Fall 2.9% to $1,920 in December

Homebuyer affordability improved in December, with the national median payment applied for by purchase applicants decreasing 2.9 percent to $1,920 from $1,977 in November, the Mortgage Bankers Association reported.