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.
Promissorynotes secured by a mortgage are generallysubject to the Florida non-recurring intangibletax at the rate of $0.002 for every $1.00 paidat the time the lien upon the subject realproperty was created.With some specific modifications, Florida hasadopted Article 9 of the Uniform CommercialCode.