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Chart 49
Home Equity Loan Growth Has Outpaced Most Loan Products Growth at Banks.
| Year |
Home Equity Loans (dollars in billions) |
Home Equity Loan Growth (year-over-year) |
| 1995 |
$84.7 |
5% |
| 1996 |
$91.0 |
7% |
| 1997 |
$105.4 |
16% |
| 1998 |
$103.7 |
-2% |
| 1999 |
$100.4 |
-3% |
| 2000 |
$131.0 |
30% |
| 2001 |
$155.5 |
19% |
| 2002 |
$213.9 |
38% |
| 2003 |
$285.0 |
33% |
| 2004 |
$401.5 |
41% |
| Oct. 2005 |
$438.2 |
9% |
Sources: Federal Reserve and CIBC World Markets. |