FBC The Willis Report September 5, 2013
Gerri do you want a cheaper mortgage . Buy a bigger house. Mortgage rates falling below traditional mortgages. With one this we have the Vice President of analytics. Jed, welcome to the show. Normally if you have a jumbo loan, thats alone for 400 and 70,000 or more in some markets, you have to pay a higher rate than somebody who gets a conventional loan. So how unusual is this . Its very unusual. We have never seen a point where the rate has fallen below. There are a couple of reasons for this. ...
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