rates: Jumbo Loans
- 05/19/09 02:52 PM
I'm writing to tell you about some recent changes in the Jumbo loan market. The newly passed American Recovery and Reinvestment Act of 2009 has granted new loan limits & rates for 417k - 580k. These loans now qualify for lower rates! Congress enacted emergency measures elevating the limits on conforming loan amounts to increase money available for mortgage financing. As a "Mortgage Broker" I specialize in securing money at the lowest rate. Your home loan should be reviewed for a rate reduction. Government guidelines and loan limits in our areas have improved.
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