Why Jumbo Mortgage Rates Make No Sense Right Now
Wall Street Journal, Aug. 20, 2020–Katy McLaughlin
The pandemic has affected jumbo loans in an odd way: rates charged by mortgage lenders are all over the place. Mike Fratantoni, Chief Economist for the Mortgage Bankers Association, said he noticed the wide jumbo-loan rate variance starting in March. (subscription)
https://www.wsj.com/articles/jumbo-mortgage-rates-11597945255