Mortgage Credit Loosens in May, as Lenders Add ARMs, Cash-Out Refis
National Mortgage News, June 10, 2021–Brad Finkelstein (subscription)
Lenders increased their mortgage credit availability for the third consecutive month in May, helped by conventional lenders adding adjustable rate along with cash-out refinance products, the Mortgage Bankers Association said.
https://www.nationalmortgagenews.com/news/mortgage-credit-loosens-in-may-as-lenders-add-arms-cash-out-refis