Hi, BostonReb.com guest Mortgage Banker Bri Cav of Smarterborrowing.com will also be posting mortgage related Blogs from here on not just his weekly Boston Massachusetts Mortgage Rate Update. Thanks Bri!
Jessical Silver-Greenberg of The WSJ recently wrote an excellent article on the state of Jumbo Mortgage financing, Time to Refinance? Jumbo Mortgage Rates Plunge Jumbo Mortgage rates are the lowest they have been since the beginning of 2003, the 30 year is 5.5% range and the 5/1 ARM is 4.5% range for qualified borrowers, a 740 FICO and 80% loan to value is required. Jumbo applications are up and the chance for huge savings on monthly payments is now.
Inquire within for Jumbo Mortgage pricing, [email protected] 617.771.5021