Sunday, May 3, 2009

real estate loans

the second most important kind of bank loan, is that of real estate loans or mortgage loans, which increased in amount from $11,405 million in 1949 to $149,483 million in 1976. what is perhaps remarkable, though, is the relative constancy of real estate loan as a percentage of total loans. In the entire postwar period real estate loans stayed at an almost constant ratio of about one fourth or slightly more of total bank loans. In 1949, such real estate loans were 26.8 per cent of total loans and in 1976 they were 27.3 per cent.

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