Mortgage Application Payments Increase in April

Homebuyer affordability declined slightly in April, with the national median payment applied for by purchase applicants increasing to $2,186 from $2,173 in March.

Mortgage Application Payments Flat in June

Homebuyer affordability was essentially flat in June, with the national median payment applied for by purchase applicants decreasing 0.1% to $2,162 from $2,165 in May, the Mortgage Bankers Association reported.