Housing Market: Mortgage Home Loans May Be Harder To Get - Mortgage Update

Housing Market: Mortgage Home Loans May Be Harder To Get - Mortgage Update - GROUNDFLOOR - Real Estate Investing For Everyone - https://bit.ly/RBGroundFloorShow more

According To Mortgage News Daily:

Mortgage credit availability fell to just short of its 2012 benchmark level in February. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MCAI) dropped 3.0 percent from its January level to a reading of 100.1. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit. The index was benchmarked to 100 in March 2012.

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