Homebuyer affordability improved in July, with the national median mortgage payment applied for by purchase applicants decreasing to $2,175 from $2,191 in June. According to data from the Mortgage Bankers Association (MBA), last month’s national median mortgage...
Homebuyer affordability showed a very mild improvement in June, with the national median payment applied for by purchase applicants decreasing to $2,191 from $2,198 in May. However, according to the Mortgage Bankers Association (MBA), the national median payment was...
Mortgage rates recorded a scant upward movement in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.49% as of June 25, up from last week when it averaged 6.47%. A year ago at this time, it...
A total of 1.57 million mortgages secured by residential property (one to four units) were originated in the first quarter, according to new data from ATTOM. This marked a 13% decline from the previous quarter, but it was also a 5% year-over-year increase. The total...
The national median payment made by purchase loan applicants in March increase to $2,131 from $2,061 in February. According to a data report from the Mortgage Bankers Association (MBA), the median payment was down by $43 from one year ago, equal to a 2.0% decrease....
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
