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Affordability Challenges Persist as Mortgage App Payments Remain Flat

Affordability Challenges Persist as Mortgage App Payments Remain Flat
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Affordability Challenges Persist as Mortgage App Payments Remained Flat in July

Affordability Challenges Persist as Mortgage App Payments Remained Flat in July
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United statesWest virginiaNew yorkEdward seilerResearch institute for housing americaWeekly applications surveyMortgage bankers associationBuilder applicationCensus bureau housing vacancies surveyWhile americansPurchase applications payment indexApplications surveyHousing economicsExecutive directorResearch instituteBuilder purchase application payment index

Mortgage payments increased 17% annually to $2,162 in July

The national median payment applied for by purchase applicants remained at $2,162 in July, up $318 from a year prior, according to the MBA.

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Homebuyer Affordability Remains Constrained as Purchase Apps Slip in June

Homebuyer Affordability Remains Constrained as Purchase Apps Slip in June
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North dakotaUnited statesEdward seilerResearch institute for housing americaBuilder applicationMortgage bankers associationPurchase applications payment indexApplications payment indexHousing economicsExecutive directorResearch instituteBuilder purchase application payment indexApplication survey

Homebuyer Affordability Remains Steady in June

Homebuyer Affordability Remains Steady in June
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