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Lenders told the Bank that they expected demand for buy-to-let loans to fall significantly in the second quarter, while demand for other mortgages would increase slightly.
Separate figures from the Bank of England show that lenders expect demand for buy-to-let loans to fall significantly in the second quarter, while demand for other mortgages should increase slightly.
But the rise in the cost long-term debt, combined with a decline in the interest income on loans and other assets, helped cause the profit margin on JPMorgan's loans to fall to 2.5 percent in the fourth quarter, from 2.6 percent in the fourth quarter.
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As companies' profits revived, the banks' bad loans began to fall.
The loans were to fall due in December.
Businesses remained pessimistic and reluctant to borrow, and demand for commercial and industrial loans continued to fall or stay weak in half of the Fed's regions, including New York, where two of the three biggest U.S. banks are based.
Tightening credit caused total private loan volume to fall by about half to roughly $11 billion in the 2008-9 school year, according to the College Board.
It said: "Quoted rates on some personal loans also continued to fall, with the quoted rate on a £10,000 loan at its lowest since the start of the series in 1995".
The worry in markets is that the proceeds from land sales used to repay these bank loans are bound to fall short, especially if the country's bubble-prone real estate market tumbles.
Bank loans to consumers fell in most categories.
In the euro area, bank loans to businesses fell by 0.4% in the year to February.
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