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.
Tag: MBA Purchase Applications Payment Index
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.
MBA: Mortgage Application Payments Increase 2.5% to $2,165 in May
Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing 2.5% to $2,165 from $2,112 in April, the Mortgage Bankers Association reported.
Mortgage Application Payments Increase 2.5% to $2,165 in May
Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing 2.5% to $2,165 from $2,112 in April.
MBA: March Mortgage Application Payments Increase 1.6 Percent to Record High
Homebuyer affordability declined in March, with the national median payment applied for by purchase applicants increasing 1.6 percent to $2,093 from $2,061 in February, the Mortgage Bankers Association reported Thursday.
MBA: March Mortgage Application Payments Increase 1.6 Percent to Record High
Homebuyer affordability declined in March, with the national median payment applied for by purchase applicants increasing 1.6 percent to $2,093 from $2,061 in February, the Mortgage Bankers Association reported Thursday.
MBA Chart of the Week Mar. 31, 2023: Housing Cost Burden Rates by Income Level
In this week’s MBA Chart of the Week, we look at housing cost ratios by household income level, using data from the 2021 American Housing Survey.
MBA: February Mortgage Application Payments Up 5%
Homebuyer affordability declined in February, with the national median payment applied for by purchase applicants increasing 4.9 percent to $2,061 from $1,964 in January, according to the Mortgage Bankers Association’s monthly Purchase Applications Payment Index.
MBA: February Mortgage Application Payments Up 5%
Homebuyer affordability declined in February, with the national median payment applied for by purchase applicants increasing 4.9 percent to $2,061 from $1,964 in January, according to the Mortgage Bankers Association’s monthly Purchase Applications Payment Index.
MBA: Mortgage Application Payments Increased 2.3% in January to $1,964
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing 2.3 percent to $1,964 from $1,920 in December 2022, the Mortgage Bankers Association reported.