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Jumbo Loans Are Becoming More Affordable
Favorable market conditions and rising rates on conforming loans have combined to make it more affordable to take out a jumbo loan. Though mortgage rates on 30-year fixed home loans have been rising...
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Jumbo Loan Interest Rates Are Near Conforming Rates
Traditionally jumbo home loans have had a much higher interest rate than conforming loans (loan amounts under $417,000). This has made purchasing a more expensive home much more difficult. Not only do...
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How to Qualify for a Jumbo Home Loan
Jumbo mortgage loans can help you to purchase your dream home or refinance if you owe more than $417,500 on your home mortgage. Home values are rising throughout the country and jumbo home loans will...
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Buy Your Dream Home Today With a Jumbo Loan
Home values have risen over the past year creating an increase in the demand for jumbo home loans. A jumbo loan is anything over the conforming loan limit of $417,500. In California and other...
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Jumbo Home Loans are Available in 2014
The housing market saw gains last year that gave homeowners throughout the country equity in their homes for the first time since the housing bubble burst. This is fantastic news for homeowners that...
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How Jumbo Loans Will Be Affected in 2014
New rules from the Consumer Financial Protection Bureau, which went into effect on Jan 10th, will alter the financial landscape for jumbo loans. Wealthy home buyers will see their options limited when...
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The 5 Most Expensive Cities to Own a Home
For those with millions to spend on a house, California might just be the perfect place to settle down. In fact, five of the most expensive real estate markets in the country are all located in...
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Jumbo Loans Are Currently Available
This January, the new Qualified Mortgage Rule, went into effect. This rule makes it more dangerous for mortgage lenders to issue loans that may appear to be riskier because they would be liable if one...
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Homes with a High Value Require a Jumbo Home Loan
With home values rising a jumbo home loan may be exactly what you need to purchase a new home. In areas with high property values, such as many parts of California, the conforming loan limit of...
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Jumbo Loans Are Driving Credit Availability
Million dollar home loans are being handed out in record numbers even as many first time buyers are still finding it hard to get a loan. Erin Gorman, managing director at Bank of New York Mellon Corp,...
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