Are Jumbo mortgages coming back?
June 2nd, 2010
Written by Frost Mortgage
Categories: Branch Partner Opportunities, FHA, Federal Housing Administration, 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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