Saturday , 16 January 2021

Lenders Boost Credit Availability for Jumbo Loans

By Tory Barringer

The Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index nudged up 1.2 percent in November, totaling 114.6 for the month. MBA’s chief economist, Mike Fratantoni, said last month’s uptick mostly came from the addition of jumbo loan programs that allow cash-out refinancing.

The post Lenders Boost Credit Availability for Jumbo Loans appeared first on theMReport.com.

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