New Data: Mortgage Loans Are Getting Increasingly Harder To Come By

Forbes, May 8, 2020–Aly J. Yale
A mortgage loan hasn’t been this hard to come by in over five years. And loans for low-credit or high-balance borrowers? Those are even rarer. According to the latest data from the Mortgage Bankers Association, overall mortgage availability fell 12.2% in April alone. It’s now at its lowest point since December 2014.
https://www.forbes.com/sites/alyyale/2020/05/08/new-data-mortgage-loans-are-getting-increasingly-harder-to-come-by/#5bd912a83eb3