Overall demand for residential mortgages was weaker while lending standards for most types of residential mortgages were essentially unchanged according to the Federal Reserve Board’s April 2025 Senior Loan Officer Opinion Survey (SLOOS). For commercial real estate (CRE) loans, lending standards for construction & development were moderately tighter, while demand was modestly weaker. However, for multifamily loans within…
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 Opinion Survey (SLOOS). Examining lending conditions for commercial real estate (CRE) loans, construction & development loans were modestly tighter, while demand was modestly weaker. However, for…
Lending standards were essentially unchanged for all residential mortgage categories in the third quarter of 2024, except for Subprime loans, according to the Federal Reserve Board’s October 2024 Senior Loan Officer Opinion Survey (SLOOS). Demand for most residential mortgage loans remained weaker across all categories in the quarter. Lending conditions for commercial real estate (CRE) loans were…
According to the Federal Reserve Board’s July 2024 Senior Loan Officer Opinion Survey (SLOOS), lending standards were essentially unchanged for all residential real estate (RRE) categories in the second quarter of 2024. However, demand for RRE loans remained modestly weaker across all categories in the quarter. Lending conditions were significantly tighter, and loan demand modestly was weaker…
Nationwide, the share of non-conventional financing for new home sales accounted for 32.4% of the market per NAHB analysis of the 2023 Census Bureau Survey of Construction (SOC) data. This is a significant 4.3 percentage point increase from the 2022 share of 28.1%. As in previous years, conventional financing dominated the market at 67.6% of…
According to the Federal Reserve Board’s April 2024 Senior Loan Officer Opinion Survey (SLOOS), lending standards tightened for all commercial real estate (CRE) loan categories and most residential real estate (RRE) categories in the first quarter of 2024. With the Federal Reserve leaving their federal funds rate unchanged during their last meeting, demand for RRE and CRE…
According to the Federal Reserve Board’s January 2024 Senior Loan Officer Opinion Survey (SLOOS), lending standards loosened for all commercial real estate (CRE) loan categories and residential real estate (RRE) categories in the fourth quarter of 2023. Demand for RRE and CRE loans improved across all categories over the quarter, except for government loans. Even though the…
