Homebuyer affordability improved in June, with the national median payment applied for by purchase applicants decreasing to $2,172 from $2,211 in May, according to MBA’s Purchase Applications Payment Index.
Tag: PAPI
MBA: Mortgage Application Payments Increase in May
Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing to $2,211.
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.
MBA: Mortgage Application Payments Decreased 1.4% to $2,173 in March
Homebuyer affordability improved in March, with the national median payment applied for by purchase applicants decreasing to $2,173 from $2,205 in February.
MBA: Mortgage Application Payments Remain Flat in February
Homebuyer affordability remained flat in February with the national median payment applied for by purchase applicants remaining unchanged at $2,205 in February.
MBA: Mortgage Application Payments Increased 3.7% to $2,205 in January
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing to $2,205 from $2,127 in December.
MBA: Mortgage Application Payments Flat in December
Homebuyer affordability improved slightly in December, with the national median payment applied for by purchase applicants decreasing to $2,127 from $2,133 in November, according to MBA’s 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 Increased 0.3% to $2,133 in November
Homebuyer affordability declined in November, with the national median payment applied for by purchase applicants increasing to $2,133 from $2,127 from October.
MBA: Mortgage Application Payments Increase 4.2% to $2,127 in October
Homebuyer affordability declined in October, with the national median payment applied for by purchase applicants increasing to $2,127 from $2,041 in September, according to MBA’s Purchase Applications Payment Index.
Chart of the Week: Purchase Applications Payment Index for Selected States
As attendees from this year’s Annual Convention and Expo returned to their respective states, many messages are top of mind. One priority is supply and affordability.