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: MBA Weekly Applications Survey
MBA Weekly Applications Survey Mar. 30, 2022: Refis Plummet as Rates Jump to 3-Year High
Mortgage rates reached their highest level in three years last week, sending refinance applications and overall applications plunging, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 25.
MBA Weekly Applications Survey Mar. 30, 2022: Refis Plummet as Rates Jump to 3-Year High
Mortgage rates reached their highest level in three years last week, sending refinance applications and overall applications plunging, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 25.
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 Weekly Applications Survey Mar. 23, 2022: 30-Year Rates Soar; Applications Fall
Mortgage rates jumped last week; and mortgage applications fell, the Mortgage Bankers Association reported in its Weekly Mortgage Applications Survey for the week ending March 18.
MBA Weekly Applications Survey Mar. 23, 2022: 30-Year Rates Soar; Applications Fall
Mortgage rates jumped last week; and mortgage applications fell, the Mortgage Bankers Association reported in its Weekly Mortgage Applications Survey for the week ending March 18.
MBA Weekly Applications Survey Mar. 16, 2022: Rate Volatility Drives Down Refis
Mortgage rates rose again last week to their highest level since 2019, resulting in a drop in refinance applications—although purchase applications rose slightly—the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 11.
MBA Weekly Applications Survey Mar. 16, 2022: Rate Volatility Drives Down Refis
Mortgage rates rose again last week to their highest level since 2019, resulting in a drop in refinance applications—although purchase applications rose slightly—the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 11.
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.