Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.

Estimated reading time: 0 minutes, 26 seconds

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

Friday, Sep 18 2020
Lending
Written by 

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.

Read 1985 times
Rate this item
(0 votes)
More in this category: « Stearns Lending Promotes Steve Smith to President Why California May Be the Best State for Your New Lending Business »

FOLLOW US