Mortgage Credit Availability Inches Down as Jumbo Contracts
National Mortgage News, Nov. 8, 2017–Bonnie Sinnock (subscription)
The Mortgage Bankers Association’s credit availability index fell by 0.2% to 181 in October from September, led by a 2% decline in the jumbo sector. But credit availability is up from last October when the index reading was 171.3.
