Major life events are expected to trigger loan demand among members of the millennial generation.
Payment and predictive analytic firm FICO says a survey of financial institution risk officers finds confidence in growing consumer demand.
Fed Beige Book shows growing strength in real estate and residential activity.
Fed Beige Book says lenders in several major cities experiencing stronger demand for loans compared to previous months.
The Federal Reserve Board said commercial real estate market conditions have held steady or improved in nearly all 12 of its districts in recent weeks.
Competitive loan pricing and a decline in loan delinquencies have helped create more demand for commercial real estate loans.