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.
ARM Mortgage Rates Average 2.99%. Today's mortgage rates remain near historical lows and, with more than 6 million U.S. homes eligible to refinance, a mini-refinance boom is underway. According to Freddie Mac's most recent mortgage rate survey, 30-year fixed rate mortgages currently average 3.93 percent nationwide; and, 15-year fixed rate mortgages average 3.16%.