Credit Availability Climbs to Highest Level Since May 2021

March 12, 2022 Demetria Lester

Mortgage credit availability increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.0% to 126.0 in February. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit. The index was ...

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