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Jumbo Mortgage Rates Are Lower Than Ever

Shared by Bg0427 on Wed Feb 03, 2010 9:50 pm
Jumbo Mortgage Rates Are At An All Time Low. Rates are now below 4.50% for Jumbo Mortgage Loans. You can get the lowest jumbo rates right now. Source: http://ezinearticles.com/?Jumbo-Mortgage-Rates-Are-Lower-Than-Ever&id=3617118

Community Members Opinion

sara

Joined: 05 Jul 2006

Moderator
Posts: 2645
Location: New Brunswick, New Jersey

488.43 Dollars($)

Posted: Thu Feb 04, 2010 4:20 am Post subject:

I agree with you, bg, that the rates for jumbo mortgages are going quite low. The 30-year fixed rate jumbo mortgage is going though an all time low. Moreover, it's expected that the jumbo rates would remain low for quite sometime compared to the conforming loan rates. One can even check out the given link for more information: "http://seekingalpha.com/article/184296-30-year-fixed-mortgage-rate-at -an-all-time-low"

bg0427

Joined: 27 Jan 2010

Posts: 90
Location: Florida

0.54 Dollars($)

Posted: Thu Feb 04, 2010 4:55 am Post subject:

Yes there arevery few lenders that even do jumbo any more because they don't have the ability or cash flow to portfolio these loans. Even with the rates being attractive there still is much appetite for these loans in the secondary market. _________________ Bradley D. Gertz 561-201-1888 561-909-1314 www.yourbankloan.com www.lowestjumborates.com www.callawayconsultinggroup.com (free loan mod & short sale info)


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