The latest results of the Federal Reserve’s Board’s Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS), showed that the market for commercial real estate financing (CRE loans) and residential real estate (RRE) financing eased compared to the first quarter. While the demand-side market participants for CRE loans are businesses, those of RRE loans are households.  The Mortgage Bankers… Read More ›

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.1% in June to a seasonally adjusted annual rate of $763.4 billion. Total private residential construction spending was 29.3% higher than a year ago. The monthly gains are attributed to the strong growth of spending on single-family construction and improvements. Single-family construction spending rose to… Read More ›