MBA Chart of Week June 3, 2022: MBA Purchase Applications Payment Index

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.

MBA Chart of Week June 3, 2022: MBA Purchase Applications Payment Index

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.

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 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.