Homebuyer affordability improved slightly in December, with the national median payment applied for by purchase applicants decreasing to $2,127 from $2,133 in November, according to MBA’s Purchase Applications Payment Index, which measures how new monthly mortgage payments vary across time relative to income using data from MBA’s Weekly Applications Survey.
Tag: Homebuyer Affordability
Mortgage Application Payments Decreased 1.6% in May to $2,219: MBA
Homebuyer affordability improved in May, with the national median payment applied for by purchase applicants decreasing to $2,219 from $2,256 in April. This is according to the Mortgage Bankers Association’s Purchase Applications Payment Index.
MBA: Mortgage Application Payments Placeholder
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing to $2,134 from $2,055 in December. This is according to the MBA Purchase Applications Payment Index, which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey.
MBA: Mortgage Application Payments Increased 3.8% to $2,134 in January
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing to $2,134 from $2,055 in December. This is according to the MBA Purchase Applications Payment Index, which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey.
November Mortgage Application Payments Fall 1.8% to $1,977
Homebuyer affordability improved in November, with the national median payment applied for by mortgage applicants decreasing 1.8 percent to $1,977 from $2,012 in October, according to the Mortgage Bankers Association’s Purchase Applications Payment Index.
MBA: August Homebuyer Affordability Up 3rd Straight Month
Homebuyer affordability improved in August for the third straight month, with the national median payment applied for by applicants decreasing to $1,839 from $1,844 in July, according to the Mortgage Bankers Association’s Purchase Applications Payment Index.