| Jul 10, 2012 2:51PM Mortgage Rates continued lower today, marking the third consecutive day at new all-time lows. Broader Bond Markets continued to benefit from a generally skeptical and negative outlook on the European debt crisis. That skepticism helped push the European currency to it's lowest levels in over 2 years, also exerting downward pressure on stock prices and bond yields. When bond yields fall, it's generally true that mortgage rates will be falling as well (though there are notable exceptions). Indeed that... Jul 10, 2012 2:23PM The Mortgage Bankers Association ( MBA ) joined by 15 other trade associations has sent a letter to the Consumer Financial Protection Bureau supporting the Bureau's decision to reopen the comment period on proposed changes to Regulation Z and the Ability to Repay/Qualified Mortgage (QM) provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. MBA said their 75 page letter was in response to specific questions raised by CFPB but it believes that CFPB has sufficient latitude to...
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