Since jumbo programs are a lot less common than conventional (conforming) loans, they carry a higher interest rate. (loanbiz.com)
For most borrowers, proprietary jumbo programs simply did not make sense. (reverse.mortgage)
«For the year - to - date, the supply of credit has increased only modestly in the non-jumbo space, while it has expanded significantly among jumbo programs,» noted Lynn Fisher, MBA's vice president of research and economics, in the report. (nbr.com)