Mortgage And Real Estate News

Tuesday, July 12, 2016

MBA says Credit Tightened Again in June

Mortgage credit availability appeared to decrease again in June.  It was the fourth consecutive month the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) has declined.  All four of the index's components pointed down, indicating that lending standards have tightened across the board.

Read more... http://www.mortgagenewsdaily.com/07112016_mba_mcai.asp

Reuters: Business News

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