Mortgage credit availability jumped 2.5% in January

Mortgage credit availability ramped up in January, according to a report released Tuesday by the Mortgage Bankers Association (MBA) that analyzed data from ICE Mortgage Technology.The MBA’s Mortgage Credit Availability Index (MCAI) increased by 250 basis points (bps) on a monthly basis to 99.0 in Ja

The crucial role of community lending in our nation’s economy

Our economy faces many challenges – persistent high mortgage interest rates, a declining rate of existing home sales, elevated costs for basic goods and services, labor market imbalances, and rising health care costs to name just a few. As a new Administration takes over, dozens of policy prescripti

Florida struggles with affordable housing despite bulking up construction

Despite bolstering its construction activities and the availability of single-family homes, the state of Florida continues to endure shortages in its affordable housing stock that impact the workforce and retirees living on fixed incomes.This is according to a 2024 annual report from the University