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.
Tag: 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.
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.
MBA: Mortgage Application Payments Decrease 2.8% to $2,137 in November
Homebuyer affordability improved in November, with the national median payment applied for by purchase applicants decreasing to $2,137, according to the Mortgage Bankers Association’s Purchase Applications Payment Index.
MBA: Mortgage Application Payments Increased 2% to $2,199 in October
Homebuyer affordability declined in October, with the national median payment applied for by purchase applicants increasing to $2,199 from $2,155 in September, the Mortgage Bankers Association reported.
Mortgage Application Payments Decrease to $2,155 in September
Homebuyer affordability improved slightly in September, with the national median payment applied for by purchase applicants decreasing to $2,155 from $2,170 in August.
MBA: Mortgage Application Payments Decrease to $2,155 in September
Homebuyer affordability improved slightly in September, with the national median payment applied for by purchase applicants decreasing to $2,155 from $2,170 in August.