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Mortgage rates are down! It may be a good time to refinance, or learn the income you need to buy a median-priced home in the top 50 metro areas!

Mortgage rates are down! It may be a good time to refinance, or learn the income you need to buy a median-priced home in the top 50 metro areas!

I'm trying to refinance a jumbo loan.

Q: I'm trying to refinance a jumbo loan. Owe $1,350,000; Value about $1.7m. Current rate 6.5%. Any lenders you can recommend?

A: We're not in a position to recommend a specfic mortgage lender for you. However, with a loan of that size, there may be fairly wide variances in rates from lender to lender, so you'll want to shop around in your market very thoroughly.

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