Tag Archives: Jumbo Loans

Mortgage rates same for loans big and small

“It’s a confluence of events, really, and all of them help the spread between jumbo and conventional loans,” said Matthew Graham, COO of Mortgage News Daily. “Nonagency jumbo lenders began dipping their toes in the water as early as 2011, … Continue reading

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Jumbo Mortgage Divide Starts Shrinking

“The jumbo market has heated up, as tight lending guidelines have drastically reduced consumer late payments, strategic defaults, and foreclosures,” wrote Julian Hebron, a mortgage banker in California and author of the blog The Basis Point. “This gives investors confidence … Continue reading

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Bay Area August Home Sales Highest Since 2006

     La Jolla, CA.-The Bay Area posted its strongest home sales for the month of August in six years, the result of low mortgage interest rates, an improving economy and increasing demand in mid- to move-up market segments. The median … Continue reading

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Why Private Investors Are Staying Away From Mortgages

As homebuilders gain confidence and real estate agents claim demand is back, one would think investors would jump right back in for fear of missing the bottom. Investors in housing are buying up as many distressed properties as they can … Continue reading

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San Francisco Bay Area Home Prices Increase 8.3% in April

Enlarge image San Francisco Bay Area Home Prices Increase 8.3% in April Justin Sullivan/Getty Images Real estate agent Brad Smith, right, with potential home buyers in San Francisco. Real estate agent Brad Smith, right, with potential home buyers in San … Continue reading

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