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Home | Tag Archives: Beige Book

Tag Archives: Beige Book

Fed Reports ‘Steady to Improving’ Residential Real Estate Activity in Most Districts

federal-reserve

The districts of Richmond, Chicago, and Dallas reported that residential mortgage demand, particularly in the area of refinancings, grew during the period, while New York reported steady growth. Delinquencies were down or at low levels in New York and Cleveland, while Philadelphia and Kansas City bankers expressed confidence in the quality of their loan portfolios, according to the Fed.

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