September Mortgage Credit Availability Up 1.5%

Mortgage credit availability increased for the third straight month in September to its highest level in five months, the Mortgage Bankers Association reported Tuesday.

September Mortgage Credit Availability Up 1.5%

Mortgage credit availability increased for the third straight month in September to its highest level in five months, the Mortgage Bankers Association reported Tuesday.

MBA Chart of the Week, Sept. 24, 2021: Distribution of Loans by APR-APOR Spread & Month

In this week’s MBA Chart of the Week, we analyze Optimal Blue single-family, 30-year fixed mortgage rate origination loan data from January 2020 through August 2021. We further group loans in the chart by the spread between their reported note rate and the (monthly average of the) Freddie Mac Primary Mortgage Market Survey rates to approximate the APR-APOR spread.

MBA Chart of the Week, Sept. 24, 2021: Distribution of Loans by APR-APOR Spread & Month

In this week’s MBA Chart of the Week, we analyze Optimal Blue single-family, 30-year fixed mortgage rate origination loan data from January 2020 through August 2021. We further group loans in the chart by the spread between their reported note rate and the (monthly average of the) Freddie Mac Primary Mortgage Market Survey rates to approximate the APR-APOR spread.