Jeremy Woodson is the local expert on finding the best Allen Texas Jumbo Mortgage Rates. Call or text Jeremy Woodson today at 214.934.4149 or apply for a Texas jumbo mortgage rate quote at www.jwoodson.fubmortgage.com.
The market for the jumbo mortgage ratediminished after the credit crunch of 2008. At that time the only types of mortgages investors would touch were ones that could be sold to Fannie Mae, Freddie Mac, and Ginnie Mae. Since these GSE's don't purchase or guarantee loans above their conforming limits there was no market for the jumbo mortgage rate or product during that time period.
Therefore anyone who obtained an Allen TexasJumbo Mortgage Rate in the last few years should definitely call their local expert Jeremy Woodson to discuss the huge savings that can take place by dropping their Texasjumbo mortgage rate by as much as 4%. Today I took an Allen Texas client down from 8.125% jumbo mortgage rate on a 30 year interest only to a 4.125% 30 year fixed jumbo mortgage rate. Rates are subject to change without notice.
The wealthy clientele of Allen Texas, many of which people would think may be debt free, are taking on what they call "cheap money", because the economic policy of the Federal Reserve has driven conventional and conforming rates down but as a result the jumbo mortgage rates are also hitting all time lows. With Allen Texas Jumbo Mortgage Rates in the mid 3% range on a 3/1 ARM one can certainly see the advantedge of using your home's equity to pay for some of the costs of life. The stock market has been having a rough year so it might not be the best time to take a haircut on your securites account. Borrowing money for a few years at a jumbo mortgage rate of 3.5% sounds like a pretty good option for many of the Allen Texas Wealthy.
After the credit crunch, we already discussed the market for jumbo mortgage rates had dopped off the face of the earth. We also gave an example of a vintage 2008 jumbo mortgage rate and compared it to a current jumbo mortgage rate. Well when jumbo mortgage rates skyrocketed in 2008 the guidelines you had to pass to qualify for one became a lot more strict. Today, now that there is a renewed market for jumbo mortgage rates, we are seeing less restrictive guidelines on the jumbo programs. The wealthy people of Allen Texas are opting for the cheap
money and they are going with Jeremy Woodson for the best Allen TexasJumbo Mortgage Rate.
Jumbo Mortgage Rates and Mortgage Rates in general have gone up a few ticks over the past two days. I don't see a trend here but it is noteworthy for anyone reading my blog.
I think the Jumbo Mortgage Rate video was a nice touch personally. Anyone reading this? I really know the economics of the mortgage market well and if any one would like to subscribe to my newsletter just email jwoodson@firstunitedbank,com
These items expressed are not an offer to lend. These are not the words of AmeriFirst Financial. Please visit ushomeloans.us for a fully compliant mortgage bank website. This blog is for entertainment purposes. This is not an offer to extend credit.
Texas Jumbo Mortgage Rates hit all time low once again this week. Now is the time to finance with a Texas Jumbo Mortgage Rate.
Jumbo Mortgage Rates and Mortgage Rates in general have gone up a few ticks over the past two days. I don't see a trend here but it is noteworthy for anyone reading my blog.
I think the Jumbo Mortgage Rate video was a nice touch personally. Anyone reading this? I really know the economics of the mortgage market well and if any one would like to subscribe to my newsletter just email jwoodson@firstunitedbank,com