Archive for the 'Jumbo mortgage' Category
A Rare Window of Opportunity for Jumbo Mortgages in California
May 20th, 2008 categories: Buying Real Estate In California...With Finesse, Jumbo mortgage, Smarter Ways to REFINANCE
It is amazing that there has not been more media coverage on an opportunity that impacts so many real estate owners here in California. Here is some good news, but know this: IT IS ONLY A LIMITED TIME OFFER, and that is not sales hype. This is a very serious heads up, and something that may cause a mad money rush at the end of the year.
Don’t wait.
Until the end of the year, rates will be far lower for those with mortgages of $417,000 to $729,000 in most of coastal California. This is because these loans temorarily fall into a special category between conforming loans (the least expensive rates) and jumbo loans (the most expensive rates).
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