This is a GREAT Time to Consider a Jumbo Loan on the Outer Banks!

According to a recent article in the Realtor Magazine, Jumbo Loans have remained stable. “The luxury housing market has been rebounding at a quicker pace than the lower-end market, and confidence is growing among high-income home buyers,” says Guy Cecala, publisher of Inside Mortgage Finance. “Higher-end borrowers have recovered faster and stronger than lower-income Americans […]

Lower Interest Rates on Jumbo Loans!!!

This is unprecedented! Jumbo Loan interest rates are LOWER – yes, LOWER – than traditional conventional loans. In my previous blog posts, interest rates for Jumbo Loans have always been more than traditional loans rates because the risk is higher on a more expensive home. But now, with the traditional interest rates increasing, Jumbo mortgages […]