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Credit Availability Rises for Jumbo, Low Credit Score Borrowers

The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MCAI) rose slightly in February. The Index, which measures any tightening or loosening of mortgage underwriting overall and by loan type, rose 0.6 percent to 180.1, indicating a relative easing of credit.  The index was benchmarked to 100 in March 2012. The Conventional MCAI increased...

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Why Homebuyer Sentiment is Declining, Despite Stronger Economy

Fannie Mae's Home Purchase Sentiment Index (HPSI), a measure derived from the company's monthly National Housing Survey (NHS), was essentially unchanged in February, dipping 0.4 point from the January reading to 84.2.  The Index is down 1.5 percentage points compared to February 2018. Fannie Mae said the largest change among the six index components was... 

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