Wednesday, 20 of June of 2018

Economics. Explained.  

Mortgage Loans

April 27, 2018

Real estate loans rose at a 4.2% pace in March after  having climbed 4.0% in February (the light blue bars).   Over the course of the past year mortgage lending has risen 4.1% (the dark blue line).

Total loan growth has been slowing for all types of bank lending — real estate, consumer, and commercial and industrial loans.   The slowdown began right at the time of the election so it may reflect uncertainty regarding the fate of Dodd-Frank legislation under Trump.  Over the course of the last year total loans have risen at a 4.2% pace which is slightly faster than in other recent months.

Stephen Slifer

NumberNomics

Charleston, SC


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