Sunday, 7 August 2022 | The Latest Buzz for the Appraisal Industry

Median Home Payment Numbers Stabilize in June

Homebuyer affordability numbers seem to have stabilized in June, with the national median payment that loan applicants applied for fell by $4 from $1,897 in May to $1,893 currently.  This information comes from the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time and relative …

The post Median Home Payment Numbers Stabilize in June appeared first on theMReport.com.

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