Tag Archive for ‘lending’

Interest Rates on Construction Loans Showed Rising Trend in 2018

Interest rates on loans for residential acquisition, development, and construction (AD&C) generally increased throughout 2018, according to results from NAHB’s fourth quarter AD&C survey.  For the fourth quarter, builders and developers responding to the survey reported a median interest rate that varied from 5.75% on loans for pre-sold single-family construction, to 5.88% on loans for land development, to 6.00% on loans… Read More ›

New Home Sales: Financing Source Shares Hold Steady

NAHB analysis of the most recent Census estimates concerning sources of financing for new home sales reveals that the share of mortgages financed through conventional, FHA, and VA loans, as well as cash, held steady in the second quarter of 2016 while the number of new homes sold grew by 22%. According to data from the Census Bureau’s Quarterly Sales by Price… Read More ›

NAHB Survey on AD&C Lending for the 4th Quarter

Builders and developers continue to report that credit for acquisition, development, and construction (AD&C) is improving slightly, according to NAHB’s survey on AD&C financing.  In the fourth quarter of 2012, the overall net tightening index based on the AD&C survey was -4.5, which was little changed from the third quarter.  The index is constructed so negative numbers indicate easing of credit;… Read More ›

NAHB Survey on AD&C Lending for the 4th Quarter

Builders and developers continue to report that credit for acquisition, development, and construction (AD&C) is improving slightly, according to NAHB’s survey on AD&C financing.  In the fourth quarter of 2012, the overall net tightening index based on the AD&C survey was -4.5, which was little changed from the third quarter.  The index is constructed so negative numbers indicate easing of credit;… Read More ›

Credit Still Tight, Although Builders Report Slight Improvement

Availability of new loans for acquisition, development, and construction (AD&C) has finally started to improve slightly, according to NAHB’s survey on AD&C financing for the third quarter  of 2012.  The overall net bank tightening index calculated from the AD&C survey dropped from +6.0 in the second quarter down to -4.3.  The way the index is constructed,  negative numbers indicate easing… Read More ›

AD&C Lending for Home Building Remains Restrictive

A number of economic indicators are pointing to improving days ahead for housing and home building. These include The NAHB/Wells Fargo Housing Market Index reached its highest level since April 2007 The NAHB/Wells Fargo Housing Opportunity Index, a measure of home buying affordability, is at an all time high The NAHB/First American Improving Markets Index now counts 98 metro areas as improving… Read More ›

AD&C Lending for Home Building Remains Restrictive

A number of economic indicators are pointing to improving days ahead for housing and home building. These include The NAHB/Wells Fargo Housing Market Index reached its highest level since April 2007 The NAHB/Wells Fargo Housing Opportunity Index, a measure of home buying affordability, is at an all time high The NAHB/First American Improving Markets Index now counts 98 metro areas as improving… Read More ›