Sentences with phrase «already tight credit»

«Prospective home buyers fear the higher rates will make their mortgages unaffordable, especially in today's already tight credit conditions,» said Rutenberg.

The pending rulemakings for the Qualified Mortgage (QM) and Qualified Residential Mortgage (QRM) rules mandated by the Dodd - Frank Act and the Federal Reserve's recently proposed Basel III international capital standards have the potential to severely restrict already tight credit and reduce mortgage provider choice over the next several years.

Finally, NAR asked that FHA be flexible and make adjustments to its rule should there be unintended consequences like reduced access to credit in an already tight credit environment.

Without changes to the calculation of fees and points in determining whether a loan is a QM or not, many borrowers will no longer qualify for a QM loan or have the choices in mortgage finance they have even in today's already tight credit market.

«We're piling tighter standards on top of already tight credit standards,» said Laurie Goodman of Amherst Securities Group LP.

Not exact matches

Raymond J. Keating, chief economist at the Small Business and Entrepreneurship Council, says the regulations risk choking off an already - tight credit market.

But with the Fed looking at more rate hikes and credit spreads already near their tightest levels of the cycle, it's tough to see how liquidity would become much more loose than it was two months ago.

We've already seen some easing off in credit growth to the household sector, and this is part of the mechanism by which tighter financial conditions can be expected to restrain demand over time.

For credit markets, default rates are low, but extraordinarily tight credit spreads largely already reflect that fact.

If you're considering credit counseling, then you're likely already in a tight spot with regard to your credit.

Her vet has run her blood and several other tests that have come up negative but is fairly tight lipped on her prospects - We have limited finances, have spent $ 700 on her in the past two days, can't afford any more, and do not have credit beyond what we already have (recent circumstances outside our control already stretched our credit in the past month - it's too much at once financially).

In other words, under a narrow QM definition, lenders would further restrict home mortgage credit in what is already a tight lending environment because they would be fearful of the severe penalties that would be imposed if they failed to satisfy the ability - to - repay requirement under the more uncertain standards that would apply in the non-QM market.