Credit tightness index (June 2013-June 2015).

Position:NEWS ROOM - Brief article - Statistical data
 
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CREDIT TIGHTNESS INDEX (June 2013-June 2015) MBA/AllRegs[R] Mortgage Credit Availability Index (MCAI) (Non-seasonally adjusted, 3/31/12 = 100) June-30-2013 109.8 Dec-31-2013 110.9 June-30-2014 115.8 Dec-31-2014 115.7 June-30-2015 122.0 NOTE: The MCAI decreased 0.5 percent to 122.0 in June. 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 Conventional MCAI saw the greatest tightening (down 1.0 percent over the month), followed by the Jumbo MCAI (down 0.6 percent), the Conforming MCAI (down 0.3 percent) and the Government MCAI (down 0.2 percent). "[In June] mortgage credit availability reverted to its April level, taking back the gains observed in May. Despite recent signs of...

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