Opportunity is knocking for Portsmouth NH home buyers!

By
Real Estate Agent with RE/MAX Shoreline New Hampshire & Maine

Portsmouth NH | Mortgage interest rates just fell to their lowest point in 2017! This week’s rate is 4.08% vs. 3.58% a year ago.

One fact not so widely reported is that  requirements to get a mortgage have eased also. The Mortgage Bankers Association (MBA) quantifies the availability of mortgage credit each month with their Mortgage Credit Availability Index (MCAI). The higher the MCAI number, the easier it is to get a mortgage.

Here is a chart showing the MCAI over the last several months.

Portsmouth NH mortgage credit availability index

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Posted by

Jim Lee , REALTOR®, Certified Residential Specialist (CRS)

http://JimLee.com  RE/MAX Shoreline

100 Market St., Suite #200, , Portsmouth, NH 03801 Phone: (603) 431-1111 x3801

Visit New Hampshire Maine Real Estate.com to search homes, get Seacoast area information, and find out how great living on the New Hampshire and southern Maine Seacoast really is.

 

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