Write Lightning is a blog from writer Deb Thompson.
Everyone is welcome here.
(Some links or topics may not be completely kid-appropriate.)
Everyone is welcome here.
(Some links or topics may not be completely kid-appropriate.)
Thu, Mar 06 2008
Jumbo loan amounts raised
I don't know if the change in jumbo loan amounts will help the rest of the country, but for buyers in 14 California counties the move will help a lot. It may also give some folks a chance to refinance into a more affordable loan without those horrific sub-prime statistics sending whole neighborhoods into a downward slide. Very few heavily-populated California real estate markets are going to work with anything other than a jumbo loan situation.
posted at: 10:11 | category: /Miscellaneous | link to this entry
I don't know if the change in jumbo loan amounts will help the rest of the country, but for buyers in 14 California counties the move will help a lot. It may also give some folks a chance to refinance into a more affordable loan without those horrific sub-prime statistics sending whole neighborhoods into a downward slide. Very few heavily-populated California real estate markets are going to work with anything other than a jumbo loan situation.
posted at: 10:11 | category: /Miscellaneous | link to this entry
