National Association of Home Builders Economic Research Blog

Tag: Federal Reserve Board

Student Loan Balances Rise

Overall consumer credit continued to rise in 2025, but the pace of growth remains slow. Student loan balances also rose year-over-year as borrowers resumed payments following the end of pandemic-era

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Weaker Demand for Residential Mortgages Persists

Lending standards for residential mortgages were essentially unchanged across most categories, while overall demand for most residential mortgages was weaker according to the Federal Reserve Board’s January 2025 Senior Loan Officer

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Home Energy Tax Credit Usage

Approximately 2.3 million tax returns filed for tax year 2023 utilized the Energy Efficient Home Improvement credit (25C tax credit), according to the latest IRS clean energy tax credit statistics.

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Slower Gains for Consumer Credit

Total outstanding US debt stood at $5.05 trillion for the first quarter of 2024, increasing at an annualized rate of 1.86% (SA), according to the Federal Reserve’s G.19 Consumer Credit

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