Mortgage Credit Availability Slightly Lower in October – NMP Skip to main content

Mortgage Credit Availability Slightly Lower in October

Nov 07, 2017
The level of mortgage homeowners with tappable equity has reached a record peak, but tax code changes could have an impact on this market, according to a data analysis from Black Knight Inc.

The Mortgage Credit Availability Index (MCAI) took a sight 0.2 percent dip last month to 181.0, according to new data from the Mortgage Bankers Association (MBA).
 
Two of the four component indices recorded declines—the Jumbo MCAI was down two percent and the Conventional MCAI was down one percent—while the Government MCAI was up 0.3 percent and the Conforming MCAI was up 0.2 percent.
 
“Credit availability decreased only slightly in October and has been relatively flat for the year to date,” said Lynn Fisher, MBA’s Vice President of Research and Economics. “While government and conforming credit programs saw slight increases in availability in October, a moderate decrease in the number of investor jumbo offerings resulted in a decrease in the total index.” 

 
About the author
Published
Nov 07, 2017
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026
NEXA Founder Mike Kortas Launches evoLend To Help Originators Retain Borrowers

New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools

Jul 02, 2026