Credit tightness index (April 2014-April 2016).

Position:NEWS ROOM - Mortgage credit availability index - Brief article - Statistical table

CREDIT TIGHTNESS INDEX (April 2014-April 2016) MBA/AllRegs[R] Mortgage Credit Availability Index (MCAI) (Non-seasonally adjusted, 3/31/12 = 100) Apr-30-2014 113.8 Oct-31-2014 113.2 Apr-30-2015 121.4 Oct-31-2015 128.4 Apr-30-2016 122.4 NOTE: The MCAI decreased 0.89 percent to 122.4 in April 2016. A decline in the MCAI indicates that lending standards are tightening, while increases are indicative of a loosening of credit. Of the four component indexes, the Jumbo MCAI saw the greatest tightening (down 1.4 percent) over the month, while the Conforming MCAI saw the most loosening (up 0.1 percent). The Conventional MCAI decreased 1.0 percent, while the Government MCAI decreased 0.7 percent over the month. "Mortgage credit became less available in April as a result of two opposing trends, resulting...

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