Tagged: Purchase Applications Payment Index

Mortgage Application Payments Plateau in February

The national median mortgage payment dropped to $1,506 from January

Analysis and Data
Mar 27, 2025
Despite Falling Rates, Buyers Aren't Biting

Rates fell across most loan types, but purchase and refinance applications won't budge

Analysis and Data
Feb 26, 2025
Homebuyer Affordability Doesn't Budge In December

Median purchase application payments rose 3.5% from the end of 2023 — the last 'worst year in decades' for home sales

Analysis and Data
Jan 30, 2025
October Erases Months Of Affordability Gains

September may have been the closest to 6% that mortgage rates will be for awhile.

Analysis and Data
Nov 26, 2024
Analysis and Data
Sep 26, 2024
Mortgage Payments Decrease In June

Mortgage Bankers Association (MBA) reports improving homebuyer affordability

Analysis and Data
Jul 29, 2024
Purchase Applications For New Homes Slowed In June

FHA takes highest share of applications, as first-time home buyers enter market

Analysis and Data
Jul 18, 2024
Buyers Turn To New Construction As Inventory Lags

May's mortgage applications for new home purchases increased 13.8% from last year.

Analysis and Data
Jun 13, 2024
It's Not A Good Time To Buy Or Sell, Consumers Say

Fannie Mae's latest Home Purchase Sentiment Index at all-time low

Analysis and Data
Jun 10, 2024
Homebuyer Affordability Dips As Monthly Mortgage Payments Rise

Mortgage Bankers Association's Purchase Applications Payment Index (PAPI) highlights nationwide increase in median payments, potentially hampering spring homebuying season.

Analysis and Data
Feb 29, 2024