Lenders Lower Their Credit Offerings

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In: New Home Mortgage News

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According to the Mortgage Bankers Association in the month of November, more lenders reduced their credit offerings. The Mortgage Credit Availability Index of MBA slipped 0.6% in November, suggesting that lending standards tightened at that time. In March 2012 theContinue Reading

Mortgage Credit Availability Increased In September

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In: Mortgage News

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The Mortgage Banker Association’s Mortgage Credit Availability Index (MCAI) stated that there has been improvement in Mortgage credit availability in September The MBA said that the MCAI rises 1.5% to 125.6 in September.  The report looks over data from Ellie Mae’s AllRegsContinue Reading

MBA Survey Shows Increase In Mortgage Applications

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In: New Home Mortgage News

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Last updated on April 5th, 2022 at 04:36 pmAccording to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 9, 2021 mortgage applications increased 16.0 % compared to last week.  On a seasonallyContinue Reading