Lending Standards Tighten for Residential and Commercial Real Estate Loans in Q1 2023

By May 12, 2023Housing
According to the Federal Reserve Board’s April 2023 Senior Loan Officer Opinion Survey (SLOOS)—conducted for bank lending activity over the first quarter of 2023—banks reported that lending standards tightened for most residential real estate (RRE) and commercial real estate (CRE) loan categories. Demand for RRE and CRE loans weakened across all categories over the quarter.  No banks expected their lending standards for… Read More ›