On March 24, MBA released its inaugural, monthly Purchase Applications Payment Index (PAPI) – an affordability index that measures how new fixed-rate 30-year purchase mortgage payments vary across time relative to income.
Tag: Edward Seiler

MBA Chart of the Week Apr. 1 2022: MBA Purchase Applications Payment Index
On March 24, MBA released its inaugural, monthly Purchase Applications Payment Index (PAPI) – an affordability index that measures how new fixed-rate 30-year purchase mortgage payments vary across time relative to income.

MBA: February Median Mortgage Application Payment Jumps 8.3% to $1,653
Homebuyer affordability decreased in February, with the national median payment applied for by applicants jumping 8.3 percent to $1,653 from $1,526 in January, the Mortgage Bankers Association reported Thursday.

MBA: February Median Mortgage Application Payment Jumps 8.3% to $1,653
Homebuyer affordability decreased in February, with the national median payment applied for by applicants jumping 8.3 percent to $1,653 from $1,526 in January, the Mortgage Bankers Association reported Thursday.

MBA Chart of the Week Mar. 11, 2022: MBA Weekly Applications Survey Purchase Loan Size
With increasing home prices, it is instructive to understand how home purchase mortgage origination amounts have increased. In this week’s MBA Chart of the Week, we examine how the loan size for fixed-rate 30-year purchase mortgage applications has changed since 2015 using MBA’s Weekly Applications Survey data.

MBA Chart of the Week Mar. 11, 2022: MBA Weekly Applications Survey Purchase Loan Size
With increasing home prices, it is instructive to understand how home purchase mortgage origination amounts have increased. In this week’s MBA Chart of the Week, we examine how the loan size for fixed-rate 30-year purchase mortgage applications has changed since 2015 using MBA’s Weekly Applications Survey data.

People in the News Feb. 14, 2022: Pharrah Jackson-Rowell Rejoins Greystone; Leadership Transition at First American
Greystone, New York, named Pharrah Jackson-Rowell Vice President and loan originator on the firm’s affordable lending team.

MBA Chart of the Week: Job Openings for Selected Industries
In this week’s MBA Chart of the Week, we updated the JOLTS monthly data series on job openings for selected industries.

MBA Chart of the Week Feb. 4 2022: Job Openings for Selected Industries
In this week’s MBA Chart of the Week, we updated the JOLTS monthly data series on job openings for selected industries.

MBA Chart of the Week Feb. 4 2022: Job Openings for Selected Industries
In this week’s MBA Chart of the Week, we updated the JOLTS monthly data series on job openings for selected industries.