Mortgage Credit Availability Hits Lowest Level Since 2012

January 10, 2024

National Mortgage Professional, Jan. 10, 2024-Christine Stuart
In December, mortgage credit availability saw a decline, indicating that lending standards were tightening, according to the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI). The MCAI dropped by 4.6% to a reading of 92.1.
Click here for more