Sunday, November 30, 2008

Going Off The Beaten Path To Find Low Mortgage Rates On "Jumbo" Mortgages

How do you avoid paying jumbo mortgage rates on a jumbo-sized mortgage? You go off the beaten path to find a lender, that's how. It's pretty simple when we break it down. The word "jumbo" is a Wall Street-specific term for home loans larger than $417,000. In certain "high-cost" areas, the number...



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[Source: The Mortgage Reports Blog]

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