by calculated risk November 12, 2024 02:00:00 PM
From the Federal Reserve: October 2024 Senior Loan Officer Awareness Survey on Bank Loan Practices
The October 2024 Senior Loan Officer Opinions Survey on Bank Lending Practices (SLOOS) examines the standards and terms of bank lending to businesses and households over the past three months (typically corresponding to the third quarter of 2024); We talked about changes in demand.
Looking at business lending in the third quarter, survey respondents said that, broadly speaking, lending standards for commercial and industrial (C&I) loans to large and mid-market companies remained essentially unchanged, while lending standards for loans to small and medium-sized businesses remained essentially unchanged. reported that standards have been tightened2. Demand for C&I financing for businesses of all sizes. Additionally, the bank reported: Tighter standards and weaker demand across all commercial real estate (CRE) loan categories.
As for loans to households, banks basically report the balance. Changes in lending standards and weak demand across most categories of residential real estate (RRE) loans. Additionally, banks reported essentially no change in lending standards and demand for home equity lines of credit (HELOCs). Additionally, standards for credit card loans have reportedly been tightened, and demand for auto and other consumer loans has weakened, while auto and other consumer loans have remained essentially unchanged. There was basically no change in card loans.
Emphasis added
Click on the graph to see a larger image.
This graph on residential real estate demand Senior Loan Officer Survey Form.
This graph is about demand and shows that demand is decreasing.
The graph on the left is from 1990 to 2014. The graph on the right is from 2015 to Q3 2024.
