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 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.