We reported last week in Headlines & News that conventional mortgage rates are moving up more quickly than rates for jumbo mortgages. Read our article: The Spread Between Conventional Mortgage … [Read more...]
The Spread Between Conventional Mortgage Rates and Jumbo Rates Vanish
Time.com reports that conventional mortgage rates are moving up, and becoming equal to rates for jumbo mortgages. In times past, conventional mortgage rates were 0.2 to 0.3 of a point below jumbo … [Read more...]
Jumbo mortgages may be harder to get because of new federal guidelines.
There are numerous benefits when using an experienced mortgage broker with a proven track record. One of those benefits is in getting a jumbo mortgage, especially in light of new federal underwriting … [Read more...]
Adjustable-Rate Mortgages Becoming Popular Again
The Wall Street Journal reports that Adjustable-Rate Mortgages (ARMs) are making a comeback. This time, though, ARMs are being used by borrowers with strong credit who are using the loans to take out … [Read more...]
