Reversing Trend, Interest Rates on AD&C Loans Decline in 3rd Quarter

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In the third-quarter of 2019, builders and developers reported declining interest rates on all types of loans covered in NAHB’s survey on acquisition, development and construction (AD&C) financing (Exhibit 8). In the third quarter, the average interest rate declined from 6.59 to 6.39 percent on loans for land acquisition, from 6.49 to 6.39 percent on loans for land development, from… Read More ›

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