A Flip-Flop in Interest Rates

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For the first time ever interest rates for 30-year jumbo loans (mortgages over $417,000) are lower than regular 30-year mortgages!

Generally, jumbo rates are at least .25% above regular mortgages; but right now the averages for a jumbo loan is clocking in at 4.71%, beating the regular loans by .02%!

 
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