Mortgage credit availability remained unchanged in September, according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association.

The MCAI remained unchanged at 116.1 in September. 

Click to enlarge

Graph: MBA

A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of a loosening of credit. 

The index was benchmarked to 100 in March 2012.

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