July 20, 2010 (FreeRateUpdate.com) – Solid, ultra low interest rate jumbo mortgage loans are being actively funded by remembering the lending philosophy we relied on before the risk could be passed…
Jumbo Mortgage: Millions Excited About the Savings
May 24, 2010 (FreeRateUpdate.com) – For the last month we have had a rare confluence of negative geopolitical, economic and environmental events that have pushed jumbo mortgage rates to the lowest…
Jumbo Loan Borrowers: How to Think About Buying Your Dream Home.
The enormous social pressure and the expectations that come with it lead to misunderstandings and confusion. Here’s my advice to someone in the market: In an era where house prices rise…
Jumbo Loan Borrowers: Risk Major Rate Increase
Ten’s of Millions of homeowners have adjusted from an ARM with a fixed rate period into a fully adjustable jumbo loan. Following the large drop in LIBOR rates since 2007, floating with the 6-month or…
Jumbo Loans: Post Steroid Lending Era
Mar. 25, 2010 (FreeRateUpdate.com) – The value of luxury homes has been declining for 3-4 years now depending on the particular city. We won’t go into specific markets here as that is better…
Fixed Jumbo Mortgage Rates at Historic Lows
Orange County, CA — Feb. 24, 2010 (FreeRateUpdate.com) – Warning: A little technical. This is the Whole Wheat 8 Grain Variety of our ongoing commentary on the jumbo mortgage market. As…
Jumbo Mortgage: Jumbo Loan Borrowers Brace for Tsunami of Luxury Homes Hitting Market
LOS ANGELES, CA — Feb. 18 (FreeRateUpdate.com) – Standard and Poor’s released an excellent research piece this week detailing the tidal wave of short sale and foreclosed homes that will be coming…
Jumbo Mortgage Rates: 5/1 ARM Jumbo Mortgage Rates are Historically Low
Recently much of the news regarding jumbo mortgages has been about the limited availability of true jumbo loans as well as the strict underwriting of conforming jumbo mortgage products. Conforming…