Are Jumbo mortgages coming back?

June 2nd, 2010

Written by Greg Frost Jr.

Categories: Branch Partner Opportunities, Federal Housing Administration, FHA, Mortgage / Credit, Mortgage Banker News, Mortgage News, Net Branch Opportunities

The Mortgage Bankers Association suggests the news is mixed on whether Jumbo loans will make a comeback, though most agree they’re not likely to hit pre-crash levels anytime soon. Still, the first quarter of this year was above 2009 averages, and the idea is at least on people’s minds again.

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