Modest Expansion for Residential Construction Loans

The volume of residential construction loans increased by 1.2% during the second quarter of 2017, marking 17 consecutive quarters of growth. However, the growth rate for lending since the end of 2016 has slowed. Tight availability of acquisition, development and construction (AD&C) loans has been a limiting factor for home building growth, but easing credit conditions and a growing loan base have helped expand residential construction activity in a thin inventory environment. According... Read More ›...(read more)

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