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Home prices are rising, which means a lender would require you to get a so-called jumbo mortgage. But don’t fret: jumbo mortgage rates are lower these days and lenders are easing the stricter.
Why mortgage brokers must give rebates to borrowers – Under California law, mortgage brokers have an additional fiduciary duty to the borrowers (requiring them to act in your best interest). If you go to any lender, the lender may attempt to sell you.
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Best 30-year jumbo home loans charge just 3.25% – Interest – Credit Unions: top jumbo loan rates. While banks large and small are offering great rates on jumbo mortgages, it’s worth checking at credit unions as well. One of the best deals on 30-year jumbo home loans from a credit union is from Teachers Federal Credit Union which is offering jumbo loans at 3.25% with $2,086 in fees.
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