Jumbo Mortgages Could See Rate Chops October 15,2008

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

...Over time, the government's rescue effort could make it easier for borrowers in high-cost markets such as California, New York and Boston to get a mortgage by reducing rates for jumbo loans, those too big for government backing, says Richard K. Green, director of the Lusk Center for Real Estate Development at the University of Southern California...