AD&C Lending Expansion Slows

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The volume of residential construction loans increased by 1.8% during the fourth quarter of 2016, marking 15 consecutive quarters of growth. However, the growth rate at the end of the year was the smallest since the start of 2013. Tight availability of acquisition, development and construction (AD&C) loans has been a limiting factor for home building growth, but easing credit conditions and a growing loan base have helped expand residential construction… Read More ›

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