MBA: Mortgage Application Payments Decreased in June

Homebuyer affordability improved in June, with the national median payment applied for by purchase applicants decreasing to $2,191 from $2,198 in May, according to MBA’s Purchase Applications Payment Index.

MBA Chart of the Week Apr. 15, 2022: Net Migration by Metropolitan Status

MBA Chart of the Week shows net migration by metropolitan status from spring 2015 to spring 2021. The most recent 2020-2021 data allows us to examine moves during the first year of the pandemic, and to see if, as widely reported, there was accelerated movement out of cities to the suburbs (or even further afield) compared to the five years prior to COVID-19.