Homebuyer affordability declined in November, with the national median payment applied for by purchase applicants increasing to $2,133 from $2,127 from October.
Tag: PAPI
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.
MBA: Mortgage Application Payments Decreased 0.8% to $2,041 in September
Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,041 from $2,057 in August. This is according to MBA’s Purchase Applications Payment Index, which measures how new monthly mortgage payments vary across time – relative to income.
MBA: Mortgage Application Payments Decreased 3.9% to $2,057 in August
Homebuyer affordability improved in August, with the national median payment applied for by purchase applicants decreasing to $2,057 from $2,140 in July. This is according to MBA’s Purchase Applications Payment Index.
Mortgage Application Payments Decreased 1.3% to $2,140 in July
Homebuyer affordability improved in July, with the national median payment applied for by purchase applicants decreasing to $2,140 from $2,167 in June.
MBA: Mortgage Application Payments Decreased 2.4% to $2,167 in June
Homebuyer affordability improved in June, with the national median payment applied for by purchase applicants decreasing to $2,167 from $2,219 in May.
Mortgage Application Payments Decreased 1.6% in May to $2,219: MBA
Homebuyer affordability improved in May, with the national median payment applied for by purchase applicants decreasing to $2,219 from $2,256 in April. This is according to the Mortgage Bankers Association’s Purchase Applications Payment Index.
MBA: Mortgage Application Payments Increased 2.5% to $2,256 in April
Homebuyer affordability declined in April, with the national median payment applied for by purchase applicants increasing to $2,256 from $2,201 in March.
MBA: Mortgage Application Payments Remained Flat in March
Homebuyer affordability declined in March, with the national median payment applied for by purchase applicants increasing slightly to $2,201 from $2,184 in February, the Mortgage Bankers Association reported.