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Higher Rates, Elimination of Products, Spell Home Price Decline

Started by morganb · 6 months ago

Wells Fargo recently raised rates on its jumbo mortgage products from approximately 6.875% to 8%.  A jumbo mortgage is one that falls outside of the Fannie Mae/Freddie Mac conforming loan limits (above $417,000 for here in CA).  This represents a massive change to ... Continue reading »

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