While overall mortgage credit availability in the U.S. inched up 0.1 percent in June, to its second lowest level since January of 2013, as indexed by the Mortgage Bankers Association, the indexed availability for jumbo loans, which has dropped by around 25 percent over the past year and is 50 percent lower than prior to the pandemic at the end of 2019, slipped 0.2 percent over the past month with a continued tightening of lending standards for jumbo loans and the spread between conventional and jumbo loans having inverted.