Lending

Consumers say they had significantly less money this past year due to inflation and are taking a less optimistic view of 2023.

Economist says next year's drop will be steeper because of a first-half recession, but volume might start improving later in the year.

Q3 data shows gains over the year, especially for multi-family loans.

2023 will bring credit unions the opportunity to diversify their portfolios and manage risk well into the future.

One economist says rate hikes will lead to a recession that will help lower mortgage rates to 5.2% by end of next year.

But, credit union consultant wonders if loans will be priced high enough to cover the fast-rising rate of interest expenses.