Proposed QRM rules may lead to high down payment requirements.
Growing student debt will affect consumers' access to mortgage credit, especially for first time buyers.
Understand the Issue
Why QRM Concerns NAR
QM, QRM to Lock in Tight Loan Standards
Home mortgage originations will shrink by up to 20 percent and the economy as a whole clipped by 1.1 percent over the next three years if federal regulators proceed with their proposed (QM) and QRM) rules.
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