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Jumbo loans| Rates are more attractive and buyers are interested

Posted By - mark | Date - 06/24/2009 | Comments (0)
With the recent easing in interest rates, jumbo loans have become more attractive again. A jumbo loan is a mortgage borrowing greater than loans guaranteed by a federal mortgage agency or a “conforming loan”. In most of the US, a conforming loan is capped at $625,500 with exceptions in the highest cost markets such a