This week's Realtor Snapshot explains what the Qualified Mortgage Rule is and answers some key questions such as:
-How will QM/ATR affect your business?
-Will all borrowers have to have a 43% or less debt-to-income ratio?
Be sure to get the answers by clicking the photo:
We also go over last week's mortgage rates and this week's rate forecast. This information is usually available every Monday, but due to the holiday yestrday it is being sent out today. Make sure to subscribe to our blog so you can stay up to date on important topics such as the Qualified Mortgage Rule.
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