In March, 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. The third PAPI release on May 26 – based on April MBA Weekly Applications Survey data – gives us a picture of how affordability has been affected by increasing interest rates and elevated loan application amounts in the first third of 2022.
Tag: MBA Weekly Applications Survey
MBA Weekly Survey June 1, 2022: Applications at 4-Year Low
Mortgage applications fell for the third straight week to their lowest level since 2018, despite interest rates falling for the fourth time in five weeks, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 27.
MBA Weekly Survey June 1, 2022: Applications at 4-Year Low
Mortgage applications fell for the third straight week to their lowest level since 2018, despite interest rates falling for the fourth time in five weeks, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 27.
MBA Weekly Applications Survey May 25, 2022: Refi Fade Keeps Activity Down
Mortgage applications fell for the second straight weeks even though mortgage interest rates also fell over the same period, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 20.
MBA Weekly Applications Survey May 25, 2022: Refi Fade Keeps Activity Down
Mortgage applications fell for the second straight weeks even though mortgage interest rates also fell over the same period, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 20.
MBA Weekly Applications Survey May 18, 2022: Higher Rates Discourage Borrowers
Mortgage applications fell for the first time in three weeks as interest rates hovered near 13-year highs, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 13.
MBA Weekly Applications Survey May 18, 2022: Higher Rates Discourage Borrowers
Mortgage applications fell for the first time in three weeks as interest rates hovered near 13-year highs, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 13.
MBA Weekly Applications Survey May 11, 2022: Winning Streak at 2
Mortgage applications posted rare back-to-back weekly increases despite interest rates hitting a 13-year high, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 6.
MBA Weekly Applications Survey May 11, 2022: Winning Streak at 2
Mortgage applications posted rare back-to-back weekly increases despite interest rates hitting a 13-year high, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 6.
MBA Weekly Applications Survey May 4, 2022: Applications Increase
Mortgage applications increased 2.5 percent from one week earlier, according the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29.