Mortgage credit rises thanks to more jumbo offerings

Mortgage credit rises thanks to more jumbo offerings

After coming in at its tightest in over a decade, residential lending credit loosened up marginally in March, thanks to greater offerings of jumbo and conventional products, according to the Mortgage Bankers Association. The Mortgage Credit Availability Index, an MBA...
Home Prices Up Nearly 8% Nationwide From Last March

Home Prices Up Nearly 8% Nationwide From Last March

Home sellers are facing new market dynamics this spring after two red-hot selling seasons in 2021 and 2022, during which prices soared and inventory fell. As of March 2023, home prices were still up 7.8% compared to the previous year, though price growth slowed for...