Monthly Archives: August 2007

Jumbo Mortgage Interest Rates vs. Conforming Loans

There is an increasing disconnect between interest rates for “Conforming Loans” (those loans that meet the stringent requirements of FNMA and FHLMC which purchase these loans and which must be less than $417,000), and Jumbo Loans (those loans that are not conforming … Continue reading

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Mortgage Market Update

Recent turmoil in the sub-prime mortgage markets spilled over to the other sectors of the mortgage market, and has significantly affected long term mortgage rates for non-conforming jumbo mortgages. These loans are dependent on lenders pooling these mortgages and reselling … Continue reading

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