Jumbo Mortgage Problems Hurting High End Home Sales
The limited availability and high cost of jumbo mortgage products not backed by the government is taking a toll on sales of high-priced homes, a trend that’s rippling through housing markets and the economy, according to a new research report by the National Association of Realtors. The mortgage lending report floats the idea of temporarily [...]Jumbo Mortgage Problems Hurting High End Home Sales
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Please let me know how to qualify for a super jumbo mortgage loan that exceeds 1 million. We bought our house a few years back and the 7% interest rate tough on a 2 million dollar mortgage. Does these Obama loans cover the super jumbos?
Thanks for your help.
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