– Credit availability increased slightly in August, remaining near the very low levels seen in January 2013.
– Mortgage industry experts believe this is due to the current state of the economy and the amount of debt that consumers are carrying.
– They predict that credit availability will improve in the coming months as the economy continues to recover.
You can read this full article at: https://www.housingwire.com/articles/after-hitting-a-10-year-low-mortgage-credit-availability-improves-slightly-in-august/(subscription required)
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