Lenders eased standards on biz & household loans in Q1

May 7, 2021

As more of the country reopened amid accelerating vaccination rates, loan officers at U.S. banks reported easing standards on most business and household loans in the first three months of the year.

Standards on commercial real estate loans were mostly unchanged, while standards for construction and land development loans were tightened up, according to loan officers responding to the Federal Reserve survey released on Monday.

Demand for loans varied by type and industry as the economy grew in the first quarter due to increased consumer spending. Get the details on what’s currently happening with business and consumer loan policies.

Demand for loans varied by type and industry as the economy grew in the first quarter due to increased consumer spending. Find out more about what’s currently happening with business and consumer loan policies.

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