jumbo loan alternatives

3 hints for getting the best jumbo loan rate

Posted by admin on Mar 5, 2008 in Home Buying, Jumbo Loans | 1 comment

While traditional, 30-year, non-conforming loans are hitting all-time-low interest rates, buyers are still struggling with high interest rates on jumbo loans (loans over $417,000) which has affected the higher priced homes, and their ability to close, which in turn brings down the median price of homes over all, which in turn continues to lead to bad press on the overall housing market, etc. etc....