what are jumbo mortgage rates

Jumbo mortgage rates are also down week over week and should continue to move lower in the coming weeks. 30 year jumbo mortgage rates today are averaging 4.36 percent, down from an average 30 year jumbo rate of 4.42 percent. Today’s mortgage rates on 15 year jumbo loans are averaging 4.09 percent, down from 4.16 percent last week.

In an unusual twist, lenders are offering rates on jumbo mortgages that are more than a quarter of a percentage point lower than those on the.

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Jumbo rates are for loan amounts exceeding $484,350 ($726,525 in Alaska and Hawaii). FHA Loans – APR calculation assumes a $153,918 loan ($150,000 base amount plus $3,918 for prepaid mortgage insurance) with a 3.5% down payment and borrower-paid finance charges of 0.862% of the base loan amount, plus origination fees if applicable.

In the darkest days of the financial crisis, when the housing market was in free fall and threatening to take the nation’s.

As Southern California's hometown bank, we proudly offer competitive rates for super jumbo loans up to $5 million to finance primary residences and second.

Today’s Mortgage Rates and Refinance rates. 15-year fixed-rate Jumbo 4.375% 4.391% 7/1 ARM Jumbo 4.125% 4.649% Rates, terms, and fees as of 8/24/2018 10:15 AM Eastern Daylight Time and subject to change without notice. Select a product to view important disclosures, payments, assumptions, and APR information. Please note we offer additional home loan options not displayed here.

Jumbo mortgages can be used to buy a home with as little as 10.11% down, when subordinate financing is obtained, or 15% down with no additional financing. ranges may vary based on loan details, consult a Mortgage Loan Officer for additional information.

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Many lenders offer only adjustable rate jumbo loans, which means your mortgage rate rises whenever the national interest rate goes up.

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Compare current jumbo mortgage rates and closing costs for leading lenders. Shop jumbo mortgage lenders based on loan amount, LTV ratio and loan.

Purchase and refinance loans are eligible for an interest rate discount of 0.250% – 0.750% based on qualifying assets of $250,000 or greater. Discounts available for all Adjustable-Rate Mortgage (ARM) loan sizes, and the 15-Year Fixed Rate Jumbo loan.. Discount for ARMs applies to initial fixed-rate period only with the exception of the 1-month ARM where the discount is applied to the margins.