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Mortgage Credit Availability Inched Up in December

Mortgage Credit Availability Inched Up in December

by Phil Hall | Jan 13, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Last year ended with an uptick in mortgage credit availability, according to data from the Mortgage Bankers Association (MBA). In December, the MBA’s Mortgage Credit Availability Index (MCAI) was up by 0.7% to 96.6; the index was benchmarked to 100 in March 2012. The...
Refinance Surge Drives Up Mortgage Applications

Refinance Surge Drives Up Mortgage Applications

by Phil Hall | Dec 11, 2024 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications took a healthy upturn thanks to a surge in refinancing, according to data from the Mortgage Bankers Association (MBA) covering the week ending Dec. 6. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
Mortgage Credit Availability at 9-Month High

Mortgage Credit Availability at 9-Month High

by Phil Hall | Aug 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability was on the rise last month, according to data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) was up by 3.3% to 98.1 in July; the index was benchmarked to 100 in March 2012. The...
MBA: Mortgage Credit Availability Up for Sixth Consecutive Month

MBA: Mortgage Credit Availability Up for Sixth Consecutive Month

by Phil Hall | Jul 11, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability was on the rise last month, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) rose by 1% to 95.0 in June; the index was benchmarked to 100 in March 2012. The...
Mortgage Credit Availability Inches Up

Mortgage Credit Availability Inches Up

by Phil Hall | Jun 7, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage credit availability increased slightly in May, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) inched up by 0.1% to 94.1 in May; the index was benchmarked to 100 in March 2012. The...
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