Phrases with «jumbo rates»

The phrase "jumbo rates" refers to the interest rates on large mortgage loans. Full definition

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Sentences with «jumbo rates»

  • These days, however, the spread between jumbo rates and conforming rates is minimal — about 1 / 10th of a percent, according to one national survey. (themortgagereports.com)
  • While many lenders include such assumptions to display lower jumbo mortgage rates, the base jumbo rates are typically higher than conforming loan interest rates. (valuepenguin.com)
  • This means that when conforming mortgage rates are higher, jumbo rates don't necessarily follow that the same path. (themortgagereports.com)
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