How To Avoid Paying Jumbo Mortgage Rates On A Jumbo-Sized Mortgage

Tuesday, October 7, 2008 | | |

How do you avoid paying jumbo mortgage rates on a jumbo-sized mortgage? You avoid taking your mortgage to a Wall Street 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,...

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[Source: The Mortgage Reports Blog]

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