fromwww.housingwire.com2 months agoMortgage affordability dips in April as payments edge higher"A decrease in the PAPI occurs when loan application amounts decrease, mortgage rates decrease, or earnings increase, indicating improved borrower affordability conditions."NYC real estate
Real estatefromwww.housingwire.com5 months agoThe housing data trends to watch in 2025Mortgage rates may improve towards 6% if mortgage spreads decrease.Current mortgage spreads are at 234 basis points above the 10-year treasury yield, still high compared to long-term averages.
NYC real estatefromwww.housingwire.com5 months agoHomebuyer affordability worsens in JanuaryHomebuyer affordability continues to decline due to high prices and volatile mortgage rates, affecting purchasing power.Mortgages are becoming less affordable, as indicated by increased PAPI index across many states.
Real estatefromwww.housingwire.com5 months agoThe housing data trends to watch in 2025Mortgage rates may improve towards 6% if mortgage spreads decrease.Current mortgage spreads are at 234 basis points above the 10-year treasury yield, still high compared to long-term averages.
NYC real estatefromwww.housingwire.com5 months agoHomebuyer affordability worsens in JanuaryHomebuyer affordability continues to decline due to high prices and volatile mortgage rates, affecting purchasing power.Mortgages are becoming less affordable, as indicated by increased PAPI index across many states.