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Mortgage Credit Availability Increases in January

By Tory Barringer

The Mortgage Bankers Association (MBA) reported Thursday that its Mortgage Credit Availability Index (MCAI), which analyzes data from AllRegs’ Market Clarity, increased 1.8 percent to 117.8 last month. All of the component indices measured by MBA increased month-over-month, with the gauge of conventional loan availability climbing 3 percent and the government index rising 0.9 percent.

The post Mortgage Credit Availability Increases in January appeared first on theMReport.com.

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