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Mortgage lenders continue to relax standards

Posted by   /  March 14, 2017  /  No Comments

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mortgage lendersRISMEDIA

Mortgage lenders are continuing to relax standards, with the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI) increasing 0.4 percent to 177.8 in February. The MCAI indicates the overall standard by which lenders are offering credit; an increase equates to loosening, while a decrease equates to tightening.

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  • Published: 4 months ago on March 14, 2017
  • Posted by:
  • Last Modified: March 15, 2017 @ 6:21 am
  • Filed Under: Real Estate

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