Tuesday, 27 September 2022 | The Latest Buzz for the Appraisal Industry

Affordability Conditions Improve in Majority of U.S. States

Homebuyer affordability improved for the second straight month in July, with the national median payment applied for by applicants decreasing to $1,844 from $1,893 in June. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time –relative to income– using data …

The post Affordability Conditions Improve in Majority of U.S. States appeared first on DSNews.

Responses

Welcome

Need Help?

Our knowledge base will help you and find the answers you're looking for.