Well, the final figures for 2010 are in and we may very likely have seen the best
jumbo loan rates ever. But time will tell. If the economy double dips into a recession or the moon falls to earth causing epic panic then we may go back down to the sub 5% range for very well qualified clients. But the strong winds are blowing the sails of global economic recovery with the US projected to grow 2-3% in 2011. A rising economy will continue to push jumbo mortgage rates up. Mr Jumbo Mortgage advises to lock anything in the low to mid 5% range given the current environment. As in all things this could change in a minute. Contact our office anytime we can be of service
here.
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