Scotsman Guide > News > December 2017 > News Story

 Enter your e-mail address and password below.

  •  
  •  

Forgot your password? New User? Register Now.

News Archives

 
Subscribe icon Subscribe to our weekly e-newsletter, Top News.

Mortgage credit loosens for most loan products


Mortgage credit eased slightly in the November, the Mortgage Bankers Association (MBA) reported.

MBA’s credit availability index increased by 0.8 percent over the October reading, reaching a level of 182.4. The index was benchmarked in March 2012 at 100 when credit was especially tight.

Of the four component indices, the jumbo index saw the greatest increase in availability (up 3.8 percent), followed by the conventional (up 2.8 percent), and the conforming index (up 1.8 percent). The government index fell 0.7 percent.

"Mortgage credit availability increased in November driven by a net increase in investor offerings," said Lynn Fisher, MBA’s vice president of research and economics. "While the number of offerings for government backed programs--FHA/VA/USDA--declined modestly, conventional offerings increased more strongly over the month among both jumbo and conforming programs."  


 

Questions? Contact at (425) 984-6017 or victorw@scotsmanguide.com.

Bubble 0 Comments

By submitting this comment, you agree to comply with our Terms of Use.



The text exceeds the maximum number of characters allowed.


Are you sure you want to permanently delete this blog comment? This action cannot be reversed.



You must enable your community profile to use this feature.

Cancel Enable profile

You have flagged this post for inappropriate content.

Please explain below. Thank you.

Cancel Submit

Get the latest news and articles from Scotsman Guide straight to your inbox.


Send me the following e-mails:





Learn more about Scotsman Guide e-mails

Thank you for signing up to receive e-mails from Scotsman Guide.

A confirmation e-mail has been sent to the address you provided.

For questions regarding your e-mail subscriptions please contact Circulation@ScotsmanGuide.com or call (800) 297-6061.


Fins A Lender Post a Loan
Residential Find a Lender Commercial Find a Lender
Follow Us:Visit Scotsman Guide Facebook pageVisit Scotsman Guide LinkedIn pageVisit Scotsman Guide g+ pageVisit Scotsman Guide Twitter page
 
 
 
 

 
 

© 2017 Scotsman Guide Media. All Rights Reserved.  Terms of Use  |  Privacy Policy