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Jumbo Loan Interest Rates Decline - Good News for Tucson Luxury Homes Buyers

Posted By Donna Anderson On April 8, 2008 @ 2:26 pm In Foothills Luxury Homes | No Comments

Long Mortgage announced today that it has a jumbo interest rate (for non-conforming loans at 417K and above) at 6 3/4% with 1/2 point loan origination fee. This loan also has a one- time free float down opportunity. Keep in mind, interest rates vary daily, but this is the best rate I have seen in a while.

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