Anonymous wrote:I recently got quotes of 4.25% and 4.5% from two different lenders for a jumbo loan with 20% down. I also see several others offered in the same range. Good sources are Bankrate and MortgageProfessor.
FWIW, one lender checked for me the rate difference between jumbo and conforming loans in my ballpark, and reported back that the rates were identical.
Yup, were quoted 4.25% for a jumbo just the other day. We won't even need a jumbo, but the current rate is, for whatever reason, lower than the rate for a high-balance conforming.