Demand for new mortgage loans from major U.S. banks declined in recent months, while lending standards were little changed, a Federal Reserve survey of bank officers released on Monday found.


“Almost one-fourth of domestic institutions reported a decline in demand” for mortgages used to purchase homes, the Fed said in summarizing findings from its quarterly senior loan officer survey.


For this complete story, please visit U.S. Mortgage Loan Demand Fell in Recent Months – Fed.


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