Mortgage Credit Availability Tightens in September
Appraisal Buzz
OCTOBER 15, 2024
The Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) based on data analysis from ICE Mortgage Technology , indicates a drop in mortgage credit availability in September. While increases in the index point to looser credit, a decrease in the MCAI suggests tighter lending requirements.
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