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News for: Mortgage Credit Availability
Showing 1 - 2 of 2 results
Apr 9, 2026 10:33 AM — Mortgage Credit Availability
Mortgage credit availability posts growth in March: MBA
In March, the availability of mortgage credit increased, with jumbo loan programs expanding for the third consecutive month and streamline refinance programs widening for lower credit score borrowers. The Mortgage Credit Availability Index (MCAI) increased 1.1% from February to March. While mortgage credit access eased, average mortgage rates for 30-year home loans increased from the high-5% range... more
Apr 7, 2025 7:02 AM — Mortgage Credit Availability
Mortgage credit loosens with jumbos at 5-year high
The Mortgage Bankers Association reported that mortgage credit availability is at its loosest in over two years, with an increase in cash-out refinance products being offered. This has resulted in the Mortgage Credit Availability Index rising to 102.5 in March. Mortgage rates remained relatively stable during the month, with the 30-year fixed rate ranging between 6.6% and 6.7%. The increase in mor... more
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