https://eyeonhousing.org/2023/10/personal-saving-rate-drops-to-3-4-in-september/ National Association of Home Builders Discusses Economics and Housing Policy Tue, 12 Dec 2023 17:31:12 +0000 hourly 1 https://eyeonhousing.org/2023/10/personal-saving-rate-drops-to-3-4-in-september/#comment-2228937 Tue, 12 Dec 2023 17:31:12 +0000 https://eyeonhousing.org/?p=34194#comment-2228937 As personal saving rates decrease, individuals might be more inclined to explore financing options, such as construction loans, when considering new projects. This change underscores the importance of monitoring economic indicators for those involved in the construction industry. A potential uptick in demand for construction loans may arise as people seek external funding to embark on construction endeavors in a lower-saving environment, making it essential for lenders to adapt to evolving economic conditions.

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