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U.S. Mortgage Supply Falls to Lowest Since March 2014: MBA

Friday, Sep 18 2020
Lending
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Mortgage lenders haven’t been this choosy about to whom they will lend money to in several years. So reports MarketWatch.

!--more-->According to the Mortgage Bankers Association, U.S. mortgage credit availability has declined to its lowest since March 2014.

“Credit continues to tighten because of uncertainty still looming around the health of the job market, even as other data on loan applications and home sales show a sharp rebound," MBA’s economic and industry forecaster Joel Kan said in a statement.

Read the full article from MarketWatch.

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