Good news for high end buyers
mortgage rates February 7th, 2008“According to CNBC, Senate leaders are set to announce a deal on the Economic Stimulus Plan. As you know, the plan is said to contain a temporary increase in the jumbo loan limit (from $417,000 to $730,000). This is great news for those of you with high-dollar listings. It’s also great news for anyone who is currently in a jumbo mortgage who may be interested in refinancing.”
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