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Reply to "Jumbo Loans - what is typically the rate difference?"
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[quote=Anonymous]Shop around a bit. It's possible that jumbo rates are actually LOWER than conventional rates. That was true for us back in late 2013. Might still be true today per this WSJ article: http://online.wsj.com/news/articles/SB10001424052702303626804579510070672609020 "Some lenders are offering jumbo ARM rates lower than conventional rates, something that would have been unheard of even a year ago, says Guy Cecala, CEO and publisher of Inside Mortgage Finance."[/quote]
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