Mortgage Credit Availability Holding Around a 12-Year Low
Having dropped to its lowest level since 2012 at the end of last year, mortgage credit availability, as indexed by the Mortgage Bankers Association (MBA) has since inched up a…
Mortgage Credit Availability Drops, Lending Standards Tighten
Despite a drop in the benchmark 30-year mortgage rate to only 6.61 percent, the decline of which has since leveled off, mortgage credit availability dropped 4.6 percent in December, with…
Mortgage Credit Availability Drops
Having ticked up a (1) percent in October, mortgage credit availability, as indexed by the Mortgage Bankers Association, ticked down 1.7 percent in November, with a 5.4 percent drop in…
Mortgage Credit Availability Slips on Jumbo Lending Concerns
Having dropped to a 10-year low in June, mortgage credit availability, as indexed by the Mortgage Bankers Association, inched down another 0.3 percent in July to its lowest level since…
Benchmark Mortgage Rate Drops, Hike Priced In
Having jumped 15 basis points (0.15 percentage point) to within 12 basis points of its 21-year high last week, the average rate for a benchmark 30-year mortgage dropped 18 basis…
Benchmark Mortgage Rate Jumps, Still Below Average
The average rate for a benchmark 30-year mortgage jumped 15 basis points (0.15 percentage point) over the past week to 6.96 percent, which is 145 basis points higher than at…
Benchmark Mortgage Rate Inching Up, Another Hike Looms
The average rate for a benchmark 30-year mortgage inched back up 4 basis points (0.04 percentage point) over the past week to 6.71 percent, which is 101 basis points higher…
Benchmark Mortgage Rate Inches Down, Odds of an Easing Drop
The average rate for a benchmark 30-year mortgage inched down 2 basis points (0.02 percentage point) over the past week to 6.69 percent, which is 91 basis points higher than…
Mortgage Credit Availability Drops to a Lower Decade Low
Having slipped 0.9 percent in April to a 10-year low, mortgage credit availability, as indexed by the Mortgage Bankers Association, dropped 3.1 percent last month to its lowest level since…
Mortgage Credit Availability Back Down to a Decade Low
Having inched up 0.4 percent in March, mortgage credit availability, as indexed by the Mortgage Bankers Association, slipped 0.9 percent in April and is back to its lowest level since…