First Take: The Least Boring Banking Podcast

Rising Costs and Construction Loans

April 28, 2021 Blake Guinn and Allison McDaniel Episode 4

In this episode, Blake and Allison bring in First National Bank Jonesboro Market President Jerry Morgan to  discuss the rising cost of lumber and how that equates to home prices/ construction loans. We take a look at what caused the prices to skyrocket, what consumers need to be aware of before taking on a construction project, and what the future looks like.