Credit Standards are Loosening: Buyers May Now Find it Easier to Get a Mortgage

The Mortgage Reports, Dec. 9, 2019–Aly J. Yale
According to new data from the Mortgage Bankers Association, it’s getting easier to get a mortgage. The MBA’s Mortgage Credit Availability Index rose by 2.1 percent in November, a move that’s “indicative of loosening credit,” the trade group says.