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Consumers paying down debt despite obstacles: ABA
Posted to: Around The Web
Thursday, January 03, 2013 1:39 AM

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(Reuters) - Consumers continued to pay down debt in the third quarter of 2012, but slow job growth and the expiration of a tax cut could mean it will become more difficult to repay loans, the American Bankers Association said on Thursday.

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Mortgage Rates:
  • 30 Yr FRM 3.68%
  • |
  • 15 Yr FRM 2.84%
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  • Jumbo 30 Year Fixed 3.77%
MBS Prices:
  • 30YR FNMA 4.5 107-03 (-0-06)
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  • 30YR FNMA 5.0 107-29 (-0-04)
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  • 30YR FNMA 5.5 108-15 (-0-03)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
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  • Mortgage Apps 1.81%
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  • Refinance Index 2.80%
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