neslornn's Avatar
neslornn 5
805 Asked
7 Answered
2 Best
0
No one has voted on this question yet :(
1 year, 3 months ago

Why is the interest rate on the jumbo mortgage higher than a conforming loan?

Is the high interest rate due to the higher risk on the part of the lenders? How is the current market price of risk determined? What is the role of the jumbo mortgage in the US housing bubble?
Tip for best answer: M$0.25
Separate topics with commas, or by pressing return. Use the delete or backspace key to edit or remove existing topics.

You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.

M$

What is Your Answer?

0
0
0

Learn something new with our FREE educational apps!

Private lessons in the comfort of your own home. Get back in shape or finally pick up a guitar with our great experts guiding you the whole way!
Learn Guitar
Learn Hip Hop
Learn Pilates