jumbo mortgages

Could tax reform kill the jumbo mortgage market?

Could tax reform kill the jumbo mortgage market?

The GOP tax plan could put a squeeze on the market for jumbo mortgages, which banks have been leaning...

Could tax reform kill the jumbo mortgage market?
Rabideau Law Firm reported 681 mortgages above $1 million in Palm Beach County in the year ended in March.

Jumbo lending in PB County warmed up last month

Lenders last month closed 62 mortgage loans over $1 million on property in Palm Beach County, up from 48...

Jumbo lending in PB County warmed up last month
Stock market dip may make jumbo loans even more attractive

Stock market dip may make jumbo loans even more attractive

From the New York website: The jumbo-mortgage market will likely keep its mojo in 2016 after it reached new highs...

Stock market dip may make jumbo loans even more attractive
How borrowers buy condos under construction

How borrowers buy condos under construction

Not¬†everyone can pay cash for a new condo while it’s under construction, but financing is available, often in the form of a jumbo mortgage loan. Peter Grabel, managing director of Stamford, Connecticut-based Luxury Mortgage,...

How borrowers buy condos under construction
Jumbo mortgage lending up 36 percent in first half

Jumbo mortgage lending up 36 percent in first half

Jumbo mortgage lending hit an estimated $160 billion in the first half of the year, up 36 percent from...

Jumbo mortgage lending up 36 percent in first half
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Strategic defaults losing stigma

Delinquencies on so-called jumbo mortgages are on the rise, and not just in the epicenters of the housing market crash. In states like New York, New Jersey and Florida, wealthy people with good credit...

Strategic defaults losing stigma
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