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Banks Don’t Love Rich Mortgage Borrowers as Much as They Used To
The Wall Street Journal, Aug. 21, 2023-Ben Eisen and Rachel Louise Ensign (subscription)
Banks are tapping the brakes on big home loans known as jumbo mortgages, which they have typically viewed as a low-risk way to attract wealthy customers.
https://www.wsj.com/finance/banking/mortgage-jumbo-loan-interest-rates-wealthy-a84e87d3