Buying or Selling a Home

Jumbo Loans Are Now The Same or Lower Interest Rate Compared to Conventional Loans

This little piece of news snuck up on me…..though Jumbo loans are now often lower than Conventional rates.  Steve Strick of Gershman Mortgage quoted a Jumbo at 4.75% and Conventional at 4.75% to 4.85%. Jumbo loans are $417,000 or higher mortgages.

3 thoughts on “Jumbo Loans Are Now The Same or Lower Interest Rate Compared to Conventional Loans”

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