Jumbo Rates should be stable soon
(2007-08-20 10:05:49)
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Some big lenders are planning to have portofolio
Jumbo loans. They will keep those loans instead
of selling them. So the rate should be better in
the next a few weeks(compared to the rates for
loans selling to investors).
I know they will start Jumbo ARM first. Don't
know whether they will have lower Jumbo 30 yr
fixed or not.