The 2017 International Builders’ Show (IBS) marks my 26th consecutive year of attendance.
First quarter credit recap
The NAHB reports that recent Federal Reserve Board numbers show consumer credit, excluding mortgages, was up 25 percent in the first quarter of 2014 compared to the low mark set in the second quarter of 2010. Components include student loans, up 45 percent, car loans up 26 percent, and credit cards up 5 percent.
More like this
- While Not at June’s Levels, Consumer Credit Still Growing
- Non-Mortgage Consumer Debt Surges In Third Quarter
- Mortgage Delinquency Declines But Student Loan, Credit Card, And Auto Loan Debt Piles Up
- Higher Mortgage Rates Pose New Threat for Buyers
- Data from FDIC and Federal Reserve indicate turning point for AD&C lending