GAO was asked to review certain effects of Regulation D. This report's objectives include examining depository institutions' implementation of Regulation D's requirements, the effect of the transaction limit on their customers, and central banks' varying dependence on reserve requirements and the monetary policy implications.
1 Average Mortgage Payments in Florida is approximately $1,200 vs. $1,050 for average Rent Payments.  The Average Rate on a 30 Year Fixed Rate Mortgage is 3.67%. This is the lowest average rate in 60 years.
The typical 30-year fixed-rate jumbo fell 4 basis points to 3.58. For the purposes of Bankrate's survey, a jumbo mortgage is a loan that is at least $650,000. The average 5/1 adjustable-rate mortgage increased 3 basis points to 3.04%. With a 5/1 ARM, the rate is fixed for five years and adjusted annually thereafter. Mortgage applications rose 7.1% from last week, according to the Mortgage Bankers Association's weekly survey.