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Residential Mortgages Experience Weaker Demand in First Quarter
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LBM JournalResidential Mortgages Experience Weaker Demand in First Quarter
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...
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