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Mortgage Credit Availability Up Slightly in September

Mortgage Credit Availability Up Slightly in September

by Phil Hall | Oct 10, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability increased in September, according to the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) increased by 0.6% to 97.2 last month; the index was benchmarked to 100 in March 2012. Both the Conventional...
Mortgage Application Activity Down Again

Mortgage Application Activity Down Again

by Phil Hall | Sep 13, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity went into decline again last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 0.8% on a seasonally adjusted basis...
Mortgage Credit Availability at 10-Year Low

Mortgage Credit Availability at 10-Year Low

by Phil Hall | Aug 8, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest data from the Mortgage Bankers Associations’ (MBA) Mortgage Credit Availability Index (MCAI) recorded a nadir not seen in a decade. The MCAI was down by 0.3% to 96.3 in July; the index was benchmarked to 100 in March 2012. The Conventional MCAI decreased by...
MBA: Mortgage Application Activity Up Slightly

MBA: Mortgage Application Activity Up Slightly

by Phil Hall | Jul 12, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest data from the Mortgage Bankers Association (MBA) recorded an uptick in mortgage application activity for the week ending July 7. The Market Composite Index, a measure of mortgage loan application volume, was up by 0.9% on a seasonally adjusted basis from...
Mortgage Credit Availability Tightens Again

Mortgage Credit Availability Tightens Again

by Phil Hall | Jun 13, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability was something of an elusive commodity last month, according to the Mortgage Credit Availability Index (MCAI) data from the Mortgage Bankers Association (MBA). The MCAI dropped by 3.1% to 96.5 in May – the index was benchmarked at 100 in...
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