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Protecting Borrowers from the Next Lending Crisis: The CFPB's Rules on Ability to Repay and Qualified Mortgages
Posted to: Around The Web
Wednesday, January 09, 2013 7:18 PM

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The Consumer Financial Protection Bureau's new rules on "Qualified Mortgages" generally strike a balanced, reasonable approach to mortgage lending and implement important consumer protections.

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Mortgage Rates:
  • 30 Yr FRM 3.81%
  • |
  • 15 Yr FRM 2.97%
  • |
  • Jumbo 30 Year Fixed 3.93%
MBS Prices:
  • 30YR FNMA 4.5 107-05 (-0-01)
  • |
  • 30YR FNMA 5.0 108-02 (-0-01)
  • |
  • 30YR FNMA 5.5 108-14 (0-00)
Recent Housing Data:
  • Mortgage Apps -9.77%
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  • Refinance Index -11.66%
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  • NAHB Builder Confidence 4.76%
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