Daily market update: July 14, 2017

By July 14, 2017 Inman No Comments
Daily market update: July 14, 2017

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Friday, July 14

Mortgage Credit Availability Slightly Increases in June

Source: Mortgage Bankers Association; Powered by Ellie Mae’s AllRegs Market Clarity

  • Mortgage credit availability increased slightly in June according to the Mortgage Credit Availability Index (MCAI). Historical MCAI values were revised this month due to the availability of additional data on certain types of conventional loan programs.
  • The MCAI increased 0.1 percent to 178.5 in June. A decline in the MCAI in...

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