“Ten years ago, even a small decline in the mortgage rate would have produced quite a bit of new refinance and sales activity,” Ryan [...]
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“Ten years ago, even a small decline in the mortgage rate would have produced quite a bit of new refinance and sales activity,” Ryan [...] “This is a Band-Aid for a gaping wound,” Brown said. [...] “It will keep mortgage rates low,” Terry [...] “The message is clear – regulators should go back to the drawing board on the proposed QRM rule. Regulators should focus on good underwriting features, as outlined in the original statute, which are proven to reduce defaults,” Glen [...] “People like us that want to build these types of homes – we’re basically at the mercy of the mortgage companies,” Wayne [...] |
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