Rates on 30-year new purchase loans ended last week 5 basis points lower than the previous Friday, dipping to a 6.79% average. That's now the cheapest weekly average of 2025. Compared to five weeks ...
However, there’s no getting around the down payment, so you’ll need a significant amount of cash on hand to get a jumbo mortgage. In addition to the type of mortgage and loan amount ...
Each lender has different qualifications for receiving a jumbo loan, but here are some general guidelines you can expect: Many mortgage lenders accept down payments as low as 3% for conforming loans.
Mortgage rates for 30-year loans increased slightly but are still hovering near their lowest level of 2025. Rate movement was mixed for other loan types.
Currently, the average interest rate on a 30-year fixed mortgage is 6.86%, compared to 6.91% a week ago, according to the ...
a higher level of income or assets and bigger down payments. The interest rates on jumbo loans are usually higher than those on regular, conforming mortgages. A jumbo loan is a mortgage for an ...