This radiation was created 380,000 years after the Big Bang at every place of the Universe and from every place of the Universe, it was moving in every possible direction. So the density (per unit volume and per unit solid angle of motion) of photons at a particular place $(x,y,z)$ and a particular direction of motion $(k_\theta,k_\phi)$ was always constant:
$$ \rho(x,y,z,k_\theta,k_\phi) = {\rm const} $$
By translational and rotational symmetry, it follows that the evolution of this density of photons stays constant as a function of position and direction at all times i.e.
$$ \rho(x,y,z,k_\theta,k_\phi;t) = f(t) $$
It only depends on time. The photons we see right now are photons that were created 380,000 years after the Big Bang – a universal moment. They were created in the direction from which they're coming. But another question is how far is the point where the photons we observe were created. They were created at a big distance from us – exactly the right distance from the Earth so that after 13.7 billion years, they manage to hit our satellites.
As the Universe is getting older, we are observing CMB photons that were created at an increasing distance from the Earth. Note that $\rho$ above also depends on $\omega\sim |\vec k|$, the frequency of the photons; this dependence is given by the black body curve while the temperature is dropping inversely proportionally to the linear distances between things in the Universe that keep on increasing.