new mortgage rules taking effect Jan 14

不知道这对房市是不是利好？不过还有一年。。。

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The Consumer Financial Protection Bureau is planning a Thursday morning announcement of new lending rules that it hopes will move the mortgage market toward a sustainable middle ground, somewhere in between the free-wheeling days of no-documentation loans and the current, restrictive environment.

For most borrowers, the rules will mean no more interest-only mortgages, no more loans where the principal due increases over time, no more loans that carry a balloon payment and no more loan terms of more than 30 years. In addition, would-be borrowers will be less likely to qualify for a mortgage unless their total debts account for no more than 43 percent of their monthly gross income.

所有跟帖： 

• 我的意思是Jan 2014 -sneezy888- ♂ (0 bytes) () 01/09/2013 postreply 23:38:21