2010-11-30freerateupdate.com

"Despite the slight bump in mortgage rates, banks have increased the origination of jumbo mortgage loans by 20 percent during the second quarter. Small regional banks as well as lending giants, such as J.P. Morgan Chase, are providing jumbo mortgage loan borrowers with more options to purchase higher-valued homes. Moreover, options are not limited to new purchases, but include jumbo mortgage refinances, too."



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