Tag Archives: Credit Availability

Here's why consumers are optimistic about many aspects of their financial situation over the next 12 months.

Recent data from the Home Mortgage Disclosure Act paints a picture of an improving market with some room for improvement in a few key areas.

Even as access to credit gets easier, homebuyers and owners remain uncertain over the trend of growing home prices, according to a report by the New York Fed. What other indicators have consumers worried?

Despite mortgage credit availability being at an all-time high, why does the private market remain restricted? A new report tries to understand the trend.

Mortgage credit availability decreased 1.2 percent in February as program offerings in the conventional mortgage space affected the overall availability of credit, bringing the index down to 180.7. ...

Mortgage credit availability increased by 2.1 percent to 182.9 points in January according to the Mortgage Credit Availability Index (MCAI) data released on  Tuesday. The MCAI, a report ...

Higher interest rates and lower refinancing volumes made it easier for homebuyers to borrow in Q3 2017 according to a report.

Tightening lending standards led to a decrease in the availability of mortgage credit towards the end of 2017.

Mortgage credit availability decreased last month, but will it prove a hiccup in the general upward trend of recent months?

The availability of mortgage credit has dropped more than a full percent over the last month, indicating lenders are continuing to tighten their credit standards. Overall mortgage credit availability fell 1.1 percent in May and 0.2 percent in April. Broken down by loan type, government credit availability saw the biggest drop, falling 1.9 percent over the month. Conforming credit dipped 0.3 percent, while conventional and jumbo credit availability headed the other direction, rising 0.2 percent and 0.8 percent, respectively. Jumbo loan credit availability, which has risen 13 out of the last 15 months, has helped to offset falling credit availability in other sectors.