by Calculated Risk on 11/22/2005 11:16:00 AM

The Federal Deposit Insurance Corporation (FDIC) released their
Quarterly Banking Profile for the third quarter 2005. On Real Estate lending:

Residential mortgage loan growth remained strong, while growth in real estate construction lending is accelerating. One- to four-family mortgage loans increased by $66.6 billion (3.4 percent) in the third quarter. Loans for real estate construction and land development grew by $28.2 billion (7.2 percent) during the quarter, and have increased by 30.9 percent over the past 12 months.

But Home Equity lending has flattened out:

In contrast, home equity loan growth, which was proceeding at an annual rate of 46 percent a year ago, has slowed considerably in 2005. During the third quarter, home equity loans increased by only $4.3 billion (0.8 percent), the smallest quarterly increase in more than four years.