The Fed’s Senior Mortgage Officer survey or SLOOS has been launched:
- US banks throughout This fall reported tighter requirements for households, weaker demand for C&I (industrial and industrial) loans and CRE (Business actual property) loans
- US banks are reporting tighter lending requirements to households and weaker demand for residential actual property loans
- US banks anticipate lending requirements to be unchanged in 2024 for all C&I. Residential actual property loans, to tighten for CRE, bank card and auto loans.
This text was written by Greg Michalowski at www.forexlive.com.
