In this week’s Chart of the Week, we show the PAPI series – constructed using median Weekly Applications Survey (WAS) payments and median income – for the nation and six selected states.
Tag: Edward Seiler
Mortgage Application Payments Decrease in August
Homebuyer affordability improved in August, with the national median payment applied for by purchase applicants decreasing to $2,100 from $2,127 in August, according to MBA’s Purchase Applications Payment Index.
Chart of the Week: FOMC Summary of Economic Projections for Fed Funds Rate
Each quarter, the Federal Open Market Committee submit their projections for various economic measures. This month’s projections, shown in the Summary of Economic Projections, include 2028 for the first time.
Mortgage Application Payments Decreased in July, MBA Reports
Homebuyer affordability improved in July, with the national median payment applied for by purchase applicants decreasing to $2,127 from $2,172 in June.
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.
MBA: Mortgage Application Payments Increase in May
Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing to $2,211.
Mortgage Application Payments Increase in April
Homebuyer affordability declined slightly in April, with the national median payment applied for by purchase applicants increasing to $2,186 from $2,173 in March.
MBA: Mortgage Application Payments Decreased 1.4% to $2,173 in March
Homebuyer affordability improved in March, with the national median payment applied for by purchase applicants decreasing to $2,173 from $2,205 in February.
MBA: Mortgage Application Payments Remain Flat in February
Homebuyer affordability remained flat in February with the national median payment applied for by purchase applicants remaining unchanged at $2,205 in February.
MBA: Mortgage Application Payments Increased 3.7% to $2,205 in January
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing to $2,205 from $2,127 in December.