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A recent report shows mortgage credits are increasing, but there’s more room for improvement. What’s holding back gains for the housing market?
Read More »Mortgage Credit: Gaining Ground
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Credit Availability Index Declines, Indicating Tightening Lending Standards
The Total MCAI, which was benchmarked to 100 in March 2012, declined by 0.5 percent in June down to 122. The Conventional MCAI experienced the greatest decline in June (by 1.0 percent since May) out of the four component indices of the Total MCAI.
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