A few years back,
jumbo loans tended to have higher interest rates than smaller conforming mortgage products.
A few years back,
jumbo loans tended to have higher interest rates than smaller conforming mortgage products.
A few years back,
jumbo loans tended to have higher interest rates than smaller conforming mortgage products.
On average,
jumbo loans tend to have lower interest rates than their smaller conforming counterparts.
On average,
jumbo loans tend to have lower interest rates than their smaller conforming counterparts.
On average,
jumbo loans tend to have lower interest rates than their smaller conforming counterparts.
Not exact matches
Down payment requirements
tend to be higher for
jumbo loans as well.
Mortgage rates also
tend to be higher on
jumbo loans and refinance transactions, especially those involving cash - out.
Ultimately a check on Bay Area real estate values is, and will continue to be, that
jumbo loans require a little more skin in the game than 3.5 % down OR have terms / conditions / rates that drive away intelligent young tech workers (they
tend not to be in love with over-leveraging as much as our BP community members are... especially when it's a place to live, not a pure investment).
Down payment requirements
tend to be higher for
jumbo loans as well.