‘Jumbo’ Loans, Down-to-Earth Rates (Washington Post)

Looking for a mortgage that exceeds $729,750? Not long ago, you would have been charged about 8 percent interest on a loan that large — if you could find a lender willing to grant you one. Now, rates on these “jumbo” loans are much more affordable, having settled in the low 6 percent range, on a…

More: continued here

Leave a Reply

You must be logged in to post a comment.