The Federal Reserve released another one of its key surveys last night that indicated that credit continues to tighten across all parts of our economy. The mortgage market and commercial real estate markets have seen the largest tightening, but there have still been some serious problems in other types of consumer and corporate loans. Notably, funding for private equity and strategic takeovers has all but completely dried up while even auto loans are difficult to find at good rates for consumers. In the end, it may be awhile before demand starts to pick up once more.

From FXStreet:
Yesterday night the Federal Reserve released the Senior Loan Officer Opinion Survey. The report conveys a survey of the lending standards for the prior three months to January. Generally, the report indicated a tightening of overall credit in all parts of the economy. In particular the mortgage credit market and commercial real estate have been facing some serious tightening. At the same time overall demand for loans has been weakening.